Summary
MHL CONSULTING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of €17k. Equity is growing by ~24.8% per year across the filed fiscal years. Its net result ranks better than 38% of 17051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability85▲+77
Solvency-
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
13.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
74 d early
2024
133 d early
2023
106 d early
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▼ 8.0%
2023 · €118k
2022: €55k
2023: €118k
2022 → 2024
Total assets
€130k▲ 15.6%
2024 · €113k
2022: €75k
2023: €123k
2024: €113k
2022 → 2025
Net result
€17k
2024 · €-9k
2022: €55k
2023: €63k
2024: €-9k
2022 → 2025
Working capital
€-2k
2024 · €106k
2022: €51k
2023: €113k
2024: €106k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€55k-€118k▲ 115%€108k▼ 8.0%
Operating result€68k-€79k▲ 16.4%€-12k€15k
Net result€55k-€63k▲ 15.4%€-9k€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€2k ▼ 28.8%
Current assets
€128k ▲ 16.7%
Key figures and ratios
EBITDA
€17k▲
2024 · €-10k
Cash flow
€19k▲
2024 · €-7k
Current ratio
0.99▼
2024 · 25.18
ROA
13.2%▲
2024 · -8.4%
Interest coverage
369.58▲
2024 · -88.98
Debt
€130k▲
2024 · €4k
Debt ≤ 1 year
€130k▲
2024 · €4k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€130k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€110k€128k▲
Amounts receivable after more than one year29€16k€16k=
Other amounts receivable291€16k€16k=
Amounts receivable within one year40/41€73k€110k▲
Trade receivables40€37€13▼
Other amounts receivable41€73k€110k▲
Cash at bank and in hand54/58€21k€3k▼
Equity and liabilities
Total equity and liabilities10/49€113k€130k▲
Equity10/15€108k-
Profit (loss) carried forward14€108k-
Amounts payable17/49€4k€130k▲
Amounts payable within one year42/48€4k€130k▲
Trade debts44€43-
Suppliers440/4€43-
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48-€126k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Gross operating margin9900€-10k€17k▲
Operating profit (loss)9901€-12k€15k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€109€45▼
Recurring financial charges65€109€45▼
Profit (loss) for the period before taxes9903€-9k€20k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-9k€17k▲
Profit (loss) for the period to be appropriated9905€-9k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€108k€126k▲
Profit (loss) brought forward from the previous period14P€118k€108k▼
Profit to be distributed694/7-€126k
Return on contributions (dividend)694-€126k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k ▼115%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €63k ▲15.4%
Operating result €79k, net result €63k, both a record.
31-12
Financial
Liquidity times 6current ratio 22.02
Current ratio from 3.57 to 22.02; short-term debt falls from €20k to €5k.
31-12
Financial
Equity above €100kEq €118k ▲115%
2 profitable years in a row build equity to €118k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Vijversstraat 401190 VorstGround area
1,894 m²
Building footprint
682 m²
Volume, LiDAR
5,046 m³
Parcel 21382C0028/00G003, Brussels · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oude Vijversstraat 40, 1190 Vorst
since 20222.331.933.448
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NESAM
BE 0716.908.588
Koekelberg · Eq €108,395
DIDEFABRIC
BE 0717.646.580
Braives · Eq €108,300
NOVULA NETWORK
BE 1003.983.850
Liège · Eq €108,290
ACCELERATE STUDIO
BE 0779.753.702
Leuven · Eq €108,287
AYRON SOFTWARE CONSULTING
BE 0841.743.234
Ukkel · Eq €108,442
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:imad.mohallem@gmail.com
Phone:0483/290009