MH Médic
ActiveThe computed 12-month bankruptcy probability of MH Médic is 4.7% (elevated). The 2025 annual accounts show equity of €55k and a net result of €29k. Equity is growing by ~91.3% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+15
Growth67▼-11
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.33 against 0.64 in 2024; short-term debt: 22.3% and cash: 51.9% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.7%
Return on assets
42%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
44 d early
2024
45 d early
2023
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€75k▲ 7.2%
2023 · €70k
2023: €70k
2023 → 2025
EBIT margin
53.7%▲ 36.9pp
2023 · 16.8%
2023: 16.8%
2023 → 2025
Net result
€29k▲ 80.2%
2024 · €16k
2023: €7k
2024: €16k
2023 → 2025
Working capital
€21k
2024 · €-6k
2023: €2k
2024: €-6k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€70k-€75k
Equity€9k-€25k▲ 187%€55k▲ 117%
Operating result€12k-€22k▲ 85.6%€40k▲ 84.4%
Net result€7k-€16k▲ 142%€29k▲ 80.2%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€34k▲ 8.5%
Current assets
€36k▲ 236%
Equity and liabilities €70k
Equity
€55k▲ 117%
Debt
€16k▼ 7.4%
The debt ratio falls from 40.2% to 22.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2024 · €24k
Cash flow
€34k▲
2024 · €18k
Solvency
77.7%▲
2024 · 59.8%
Current ratio
2.33▲
2024 · 0.64
Quick ratio
2.33▲
2024 · 0.64
Debt / equity
0.29▼
2024 · 0.67
ROE
54.0%▼
2024 · 65.1%
ROA
42.0%▲
2024 · 39.0%
Interest coverage
505.16▲
2024 · 231.32
Debt
€16k▼
2024 · €17k
Debt ≤ 1 year
€16k▼
2024 · €17k
Income taxes
€11k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€42k€70k▲
Fixed assets21/28€31k€34k▲
Tangible fixed assets22/27€31k€34k▲
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€17k€21k▲
Current assets29/58€11k€36k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€11k€36k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€42k€70k▲
Equity10/15€25k€55k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€16k€46k▲
Amounts payable17/49€17k€16k▼
Amounts payable within one year42/48€17k€16k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€4k€9k▲
Income statement
Code20242025
Turnover70-€75k
Goods, raw materials, services and sundry goods60/61-€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8-€10
Gross operating margin9900€24k€45k▲
Operating profit (loss)9901€22k€40k▲
Financial income75/76B€10-
Recurring financial income75€10-
Non-recurring financial income76B€10-
Financial charges65/66B€103€89▼
Recurring financial charges65€103€89▼
Profit (loss) for the period before taxes9903€22k€40k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€16k€29k▲
Profit (loss) for the period to be appropriated9905€16k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€46k▲
Profit (loss) brought forward from the previous period14P€9€16k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Highest result since 2023net €29k ▲80.2%
Operating result €40k, net result €29k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 2.33
Current ratio from 0.64 to 2.33; short-term debt falls from €17k to €16k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jupiterlaan 1251190 VorstGround area
708 m²
Building footprint
396 m²
Volume, LiDAR
11,429 m³
Parcel 21383B0031/00K040, Brussels · tallest building 34.1 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Iris-sud Baron Lambert
since 20222.342.863.962
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0031/00K040 | Brussels | 708 m² | 1 · 396 m² | 34.1 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2022
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.