MH SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of MH SERVICES is 3.8% (moderate). The 2024 annual accounts show negative equity (-€85,178) and a net result of €814. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 5% of 6719 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€10,518 | -€7,748 | €2,828 | €3,999 | €888 | ▼ 77.8% |
| Operating profit (loss)9901 | -€10,518 | -€7,748 | €2,828 | €3,999 | €888 | ▼ 77.8% |
| Financial income75/76B | - | €1,004 | €114 | €33 | €53 | ▲ 62.6% |
| Recurring financial income75 | - | €1,004 | €114 | €33 | €53 | ▲ 62.6% |
| Non-recurring financial income76B | - | €1,004 | - | - | - | - |
| Financial charges65/66B | - | €77 | €101 | €395 | €127 | ▼ 67.8% |
| Recurring financial charges65 | €76 | €77 | €101 | €395 | €127 | ▼ 67.8% |
| Profit (loss) for the period before taxes9903 | -€10,594 | -€6,821 | €2,842 | €3,636 | €814 | ▼ 77.6% |
| Profit (loss) for the period9904 | -€10,594 | -€6,821 | €2,842 | €3,636 | €814 | ▼ 77.6% |
| Profit (loss) for the period to be appropriated9905 | -€10,594 | -€6,821 | €2,842 | €3,636 | €814 | ▼ 77.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,156 | €7,923 | €12,704 | €20,474 | €5,711 | ▼ 72.1% |
| Current assets29/58 | €8,156 | €7,923 | €12,704 | €20,474 | €5,711 | ▼ 72.1% |
| Stocks and contracts in progress3 | €6,365 | €4,960 | €4,656 | €1,322 | €1,148 | ▼ 13.2% |
| Stocks30/36 | - | €4,960 | €4,656 | €1,322 | €1,148 | ▼ 13.2% |
| Amounts receivable within one year40/41 | - | - | €267 | €3,752 | €3,116 | ▼ 17.0% |
| Trade receivables40 | - | - | €266 | €3,752 | €3,116 | ▼ 17.0% |
| Other amounts receivable41 | - | - | €0 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €1,791 | €2,963 | €7,781 | €15,399 | €1,447 | ▼ 90.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,156 | €7,923 | €12,704 | €20,474 | €5,711 | ▼ 72.1% |
| Equity10/15 | -€85,649 | -€92,470 | -€89,628 | -€85,992 | -€85,178 | ▲ 0.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €14,052 | €14,052 | €14,052 | €14,052 | €14,052 | = |
| Tax-exempt reserves132 | - | €14,052 | €14,052 | €14,052 | €14,052 | = |
| Profit (loss) carried forward14 | -€118,301 | -€125,122 | -€122,280 | -€118,644 | -€117,831 | ▲ 0.7% |
| Amounts payable17/49 | €93,805 | €100,393 | €102,332 | €106,466 | €90,890 | ▼ 14.6% |
| Amounts payable within one year42/48 | €93,805 | €100,393 | €102,332 | €106,466 | €90,890 | ▼ 14.6% |
| Financial debts43 | - | - | €89 | - | - | - |
| Credit institutions430/8 | - | - | €89 | - | - | - |
| Trade debts44 | €15,495 | €5,321 | - | - | - | - |
| Suppliers440/4 | - | €5,321 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €1,127 | €238 | €761 | €558 | ▼ 26.7% |
| Taxes450/3 | - | €337 | €238 | €761 | €558 | ▼ 26.7% |
| Remuneration and social security454/9 | - | €790 | - | - | - | - |
| Other amounts payable47/48 | - | €93,945 | €102,005 | €105,704 | €90,331 | ▼ 14.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,594 | -€6,821 | €2,842 | €3,636 | €814 | ▼ 77.6% |
| Operating cash flow (approximation) | -€10,594 | -€6,821 | €2,842 | €3,636 | €814 | ▼ 77.6% |
| Change in cash | - | €1,172 | €4,818 | €7,618 | -€13,952 | ▼ 283% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0039/00K006 | Brussels | 113 m² | 1 · 85 m² | 13.2 m · 4 fl. |
| 21443C0049/00R003 | Brussels | 61 m² | 1 · 61 m² | 17.9 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.