Summary
MHAL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €53,821 and a net result of €17,309. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 15% of 6,676 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MHal
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overbrenging naar tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied bij eenvoudig besluit bestuursorgaan zonder…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, overblijvende bestuurders bij collegiaal orgaan bij openval voor einde mandaat” (deed in Dutch)“Algemene kosten los van representatie- reis- en verplaatsingskosten, andersluidende beslissing algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “600, gelijk recht in winstverdeling” (deed in Dutch)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Nietigheid, rechthebbenden kunnen tot betaling dwingen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Nieuwe aandelen waarop in geld wordt ingeschreven eerst aangeboden aan bestaande aandeelhouders naar evenredigheid bezit, inbreng in geld…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed