Debts
€474,744 ▲ 69.5%
Debts rose by €194,737 in 2025.
MHCONSULT
Lifetime
8 annual accounts with figures on one time axispeak €129,629 (2024)
€118,616▼ 8.5%
lowest -€18,543 (2025)
-€18,543▼ €33,700
peak €196,016 (2022)
€161,926▼ 10.3%
€474,744▲ 69.5%
peak 1 FTE (2024)
-not published
Board2 names since 2019
2 directorsMOOREN Virginie and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €18,543Debts from €280,007 to €474,744Investments €241,224
Key points
from the 2025 annual accountsInvestments
€241,274 6.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 64.1% higher than in 2024.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Filings
8 annual accounts 9 filings, 61 days
Latest accounts filed late: after the legal deadline.
Restructuring
2026
Merger with NEO PARTNERS. Merger on 20-02-2026.
Position in the sector
-€18,543
Lower net result than 93% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.
Checked score
85
Excellent
Financially stronger than 26% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.3 percentage points vs 06-2025
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.3 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Loss of €18,543, the second in a row (financial year 2025)
lowers risk
Size: total assets €636,670
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 26% of them on solvency, 33% on liquidity, 16% on profitability and 31% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,548 companies had the same profile as MHCONSULT has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MHCONSULT itself is lower: 0.2% within 12 months. It rests on far more data about MHCONSULT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,548 companies, not a prediction for MHCONSULT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (1.4 in 2024), below 1. Short-term debt is 18.2% and cash 5.6% of total assets. 74.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 21206 sector peers (2025).
NBB · sector comparisonPosition among 21206 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
61 days late
2024
35 days early
2023
36 days early
2022
28 days early
2021
17 days late
2020
19 days late
2019
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Merger: MH CONSULT takes over NEO PARTNERS
The company holds all the shares of NEO PARTNERS · General meeting of 18-05-2026 · Gazette deed
Merger proposal: MHCONSULT takes over NEO PARTNERS
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0698947653
2 managers resigning, 2 directors reappointed
Resignations: Maxime Hicter (manager) and Virginie Mooren (manager) · Reappointments: Maxime Hicter (director) and Virginie Mooren (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MHCONSULT Oreye | €636,670 | €118,616 | 25.4% | - |
| VICTOURY Sint-Martens-Latem | €664,988 | €119,709 | 24.6% | - |
| COGNITOO Bertem | €629,780 | €115,567 | 31.4% | - |
| CYBERSEC SOLUTIONS Halen | €600,441 | €117,116 | 24.8% | - |
| PITCHDRIVE Antwerp | €685,973 | €108,141 | 65.1% | 2 |
| Embedded Systems Consulting Beauvechain | €632,936 | €138,557 | 51.9% | - |
| BUROGEST HOLDING Namur | €587,857 | €119,004 | 59.5% | - |
These companies have the same main activity as MHCONSULT: computer programming (NACE 62100). They are comparable in size and age: total assets between €588,000 and €686,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 29-06-2018Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.277.548.1224360 Oreye, since 01-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 10-06-2025
Annual accounts 2025
- ≈ €170,000estimated
- €636,670▲ 38.3%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 30-09-2026
Insights on MHCONSULT
MHCONSULT files the micro format. That format states no turnover. The gross margin rose from €44,225 in 2018 to €118,616 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MHCONSULT
- What is the company number of MHCONSULT?
- The company number of MHCONSULT is 0698.947.653. The VAT number is the same number with BE in front: BE 0698.947.653.
- Where is MHCONSULT based?
- The registered office is at Rue de Liège 50, 4360 Oreye.Company details
- What does MHCONSULT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of MHCONSULT?
- MHCONSULT is a private limited company (BV).
- When was MHCONSULT founded?
- MHCONSULT was founded on 29-06-2018.
- Is MHCONSULT still active?
- Yes, MHCONSULT is an active enterprise in the KBO register.
- How many employees does MHCONSULT have?
- MHCONSULT had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MHCONSULT fall under?
- In its 2022 annual accounts, MHCONSULT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MHCONSULT?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €118,616 and 32 comparable companies (NACE 62100). It probably lies between €150,000 and €250,000.
- Is MHCONSULT profitable?
- In financial year 2025, MHCONSULT made a loss of €18,543.
- Where can I find the annual accounts of MHCONSULT?
- MHCONSULT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MHCONSULT due?
- MHCONSULT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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