MHGroup
A bankruptcy procedure is open for MHGroup according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €324k and a net result of €178k.
| Equity | €324k |
| Net result | €178k |
| Better than sector | 31% |
| Active | 8 yrs |
Mixed profile: strong on profitability, weaker on stability.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.3% | 51.1% | |
| Net result | €178k | €16k | |
| Equity | €324k | €34k | |
| Gross operating margin | €555k | €34k | |
| Staff costs | €254k | €20k |
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €292k |
| Net profit | €178k |
| Cash flow | €204k |
| Staff costs | €254k |
| Income taxes | €93k |
| Dividends | €0 |
| Total assets | €1.14M |
| Equity | €324k |
| Debt | €819k |
| of which ≤ 1y | €819k |
| of which > 1y | - |
| Working capital | €296k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.36 |
| Quick ratio | 1.36 |
| Working capital ratio | 25.9% |
| Solvency | 28.3% |
| Debt / equity | 2.53 |
| Long-term debt ratio | - |
| Interest coverage | 82.95 |
| Gross margin | - |
| Net margin | - |
| ROA | 15.6% |
| ROE | 55.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.14M |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €20k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €1.11M |
| Amounts receivable within one year | 40/41 | €1.11M |
| Cash & bank | 54/58 | €890 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.14M |
| Equity | 10/15 | €324k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €305k |
| Amounts payable | 17/49 | €819k |
| Amounts payable within one year | 42/48 | €819k |
| Trade debts payable within one year | 44 | €355k |
| Income statement | ||
| Gross operating margin | 9900 | €555k |
| Operating result | 9901 | €266k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €271k |
| Income taxes | 67/77 | €93k |
| Net result for the period | 9904 | €178k |
| Result to be appropriated | 9905 | €178k |
Former directors (2)
-
Former- → 04-01-2019
-
Former- → 27-12-2018
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
16-12-2025 → present | Belgian State Gazette |
| Curator | BERT DEHANDSCHUTTER EDMOND TOLLENAERE-
STRAAT 56-76 B23, 1020 BRUSSEL 2- bert.dehandschutter@modo-
law.be |
13-05-2025 → present | Belgian State Gazette |
| NACE primary | Administratieve en ondersteunende activiteiten ten behoeve van kantoren(82100) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 09-03-2018 |
| Status | Active |
| Postal code | 1050 |
| First BS signal | 21-05-2025 |
| Latest BS signal | 23-12-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0007/00N017 | Brussels | 305 m² | 1 · 117 m² | 20.1 m · 6 fl. |
| 21004A0975/00A000 | Brussels | 263 m² | 1 · 262 m² | 20.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-12-2025 Registered office moved within Bruxelles
- rue de la Madeleine 51, 1000 Bruxelles → Rue d'Arlon 25, 1050 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Rue d\u0027Arlon",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "25"
},
"old_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "rue de la Madeleine",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "51"
},
"effective_date": "2025-12-01",
"evidence_quote": "Monsieur Ben Azouz Abderazak d\u00E9cide que le nouveau si\u00E8ge social de l\u0027entreprise est transf\u00E9r\u00E9 \u00E0 partir du 01/12/2025 \u00E0 l\u0027adresse suivante: Rue d\u0027Arlon 25- 1050 Bruxelles."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SRL"
}
}19-05-2025 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SRL"
}
}06-01-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2024-12-19",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SPRL"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "L\u0027assembl\u00E9e mandate J. Jordens srl aux fins d\u0027effectuer toutes d\u00E9marches li\u00E9es aux pr\u00E9sentes d\u00E9cisions, en ce compris la signature des documents de publication aux annexes du Moniteur belge.",
"holder_kbo": null,
"holder_name": "J. Jordens srl",
"scope_categories": [
"publication",
"filing",
"administrative_procedures"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}10-09-2020 Registered office moved within Bruxelles
- Rue de Moorslede 223, 1020 Bruxelles → Rue de la Madeleine 51, 1000 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Rue de la Madeleine",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "51"
},
"old_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Rue de Moorslede",
"country": "BE",
"postcode": "1020",
"box_number": null,
"street_number": "223"
},
"effective_date": "2020-06-15",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale prend acte et accepte \u00E0 l\u0027unanimit\u00E9 des voix le transfert du si\u00E8ge social vers la rue de la Madeleine, 51, \u00E0 1000 Bruxelles."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SPRL"
}
}21-05-2019 GHAUCHA Mohamed resigns as managing director
- GHAUCHA Mohamed, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "GHAUCHA Mohamed",
"address": null,
"birth_date": null
},
"effective_date": "2019-01-04",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale prend acte et accepte \u00E0 l\u0027unanimit\u00E9 des voix la d\u00E9mission de Mr GHAUCHA Mohamed de son mandat de g\u00E9rant, avec effet imm\u00E9diat, et lui donne d\u00E9charge pleine et enti\u00E8re pour l\u0027exercice de son mandat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SPRL"
}
}10-01-2019 BATLER Marlla resigns as managing director
- BATLER Marlla, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "BATLER Marlla",
"address": null,
"birth_date": null
},
"effective_date": "2018-12-27",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale prend acte et accepte \u00E0 l\u0027unanimit\u00E9 des voix la d\u00E9mission de Mile BATLER Mariia de son mandat de g\u00E9rante, avec effet imm\u00E9diat, et lui donne d\u00E9charge pleine et enti\u00E8re pour l\u0027exercice de son mandat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGROUP",
"legal_form": "SPRL"
}
}13-03-2018 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1200 Woluwe-Saint-Lambert, chauss\u00E9e de Roodebeek, 206",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1994-09-17",
"name": "Mariia BATLER",
"niss": null,
"address": "1200 Woluwe-Saint-Lambert, rue Saint-Henri, 74"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18600.0,
"holder_person_name": "Mariia BATLER",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600.0,
"subject_company": {
"kbo": "0691.913.470",
"name_full": "MHGroup",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2018-03-08",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MHGroup |