Financials
- Fiscal year
- 2023
- Total assets
- €132,721
- Loss
- -€6,462
- Solvency
- -22.1%
Total assets▼ 11.3%
Net result
20192023
MH TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of MH TECHNICS is 8.6% (elevated). For MH TECHNICS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€29,272) and a net result of -€6,462. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 6% of 33655 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€132,721total assets 2023
- Equity
- -€29,272
- Loss
- -€6,462
Turnover not published (abridged schema)
Financial health
- Bankruptcy chance 12 m
- 8.6%
2023 figures too old to score
Structure
Accounts 702 d overdue0 of 2 deeds read
Signals- Figures for FY 2023 (filed 31-10-2023)- 2 financial years not filed after the legal deadline- No filing in 24 months (latest 31-10-2023)- Two or more financial years not filed+ Founded in 2007Latest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
3-7
equity -22.1% of total assets
Liquidity
48-2
short-term debt 14.1% · cash 0.3%
Profitability
22-73
return on assets -4.9%
Bankruptcy probability, 12 months
8.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%lowest value
12-2024: 2.4%▲ +16.6% vs 11-2024
01-2025: 3.0%▲ +26.9% vs 12-2024
02-2025: 3.3%▲ +9.5% vs 01-2025
03-2025: 4.0%▲ +22.5% vs 02-2025
04-2025: 5.9%▲ +46.9% vs 03-2025
05-2025: 5.9%● 0.0% vs 04-2025
06-2025: 6.2%▲ +5.5% vs 05-2025
07-2025: 5.7%▼ -8.4% vs 06-2025
08-2025: 5.7%● 0.0% vs 07-2025
09-2025: 5.7%● 0.0% vs 08-2025
10-2025: 5.7%● 0.0% vs 09-2025
11-2025: 8.4%▲ +48.0% vs 10-2025
12-2025: 8.4%● 0.0% vs 11-2025
01-2026: 8.4%● 0.0% vs 12-2025
02-2026: 8.4%● 0.0% vs 01-2026
03-2026: 8.6%▲ +2.2% vs 02-2026highest value
04-2026: 8.6%● 0.0% vs 03-2026highest value
05-2026: 8.6%● 0.0% vs 04-2026highest value
06-2026: 8.6%● 0.0% vs 05-2026highest value
07-2026: 8.6%● 0.0% vs 06-2026highest value
08-2026: 8.6%● 0.0% vs 07-2026highest value
09-2026: 8.6%● 0.0% vs 08-2026highest value
10-2026: 8.6%● 0.0% vs 09-2026highest value
- Figures for FY 2023 (filed 31-10-2023) raises the probability
- 2 financial years not filed after the legal deadline raises the probability
- No filing in 24 months (latest 31-10-2023) raises the probability
- Founded in 2007 lowers the probability for this profile
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline03-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
9 d late
2021
4 d late
2020
34 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€6,462
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2014
- 31-10-2023Annual accounts filed
- 31-03-2023Weakest financial year
- 09-11-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General electrical installation workNACE 43211
- Founded
- 19-11-2007
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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