MHLANTHIER
ActiveSummary
MHLANTHIER has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €58k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 40% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency76▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.37 in 2024; short-term debt: 49% and cash: 18.8% of total assets), and 49% of the assets are financed with debt.
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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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
Solvency
51%
Return on assets
48.3%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
8 d early
2024
16 d early
2023
21 d early
2022
28 d early
2021
5 d early
2020
3 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 8.3%
2024 · €67k
Total assets
€121k▼ 10.6%
2024 · €135k
Net result
€58k▼ 9.3%
2024 · €64k
Working capital
€-29k▲ 16.2%
2024 · €-34k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€64k▼ 11.4%€89k▲ 39.5%€71k▼ 20.1%€85k▲ 19.1%€77k▼ 9.7%
Net result€51k▼ 12.2%€71k▲ 40.1%€56k▼ 20.2%€64k▲ 14.2%€58k▼ 9.3%
Equity€111k▲ 84.2%€181k▲ 64.0%€238k▲ 31.1%€67k▼ 71.7%€62k▼ 8.3%
Total assets€190k▼ 11.4%€186k▼ 2.1%€280k▲ 50.6%€135k▼ 51.6%€121k▼ 10.6%
Debt€79k▼ 48.6%€4k▼ 94.5%€42k▲ 861%€68k▲ 62.3%€59k▼ 12.9%
Working capital€-12k▲ 84.3%€70k€125k▲ 78.2%€-34k€-29k▲ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€90k ▼ 21.4%
Current assets
€31k ▲ 49.6%
Equity and liabilities €121k
Equity
€62k ▼ 8.3%
Debt
€59k ▼ 12.9%
Debt's share of the balance-sheet total falls from 50.3% to 49.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€102k▼
2024 · €111k
Cash flow
€84k▼
2024 · €90k
Current ratio
0.52▲
2024 · 0.37
Debt to equity
0.96▼
2024 · 1.01
ROE
94.8%▼
2024 · 95.9%
ROA
48.3%▲
2024 · 47.7%
Interest coverage
66.46▲
2024 · 50.24
Debt ≤ 1 year
€59k▲
2024 · €55k
Income taxes
€17k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €16k | €18k | €26k | €25k | ▼ 0.7% |
| Other operating charges640/8 | €684 | €515 | €314 | €2k | €696 | ▼ 61.5% |
| Gross operating margin9900 | €80k | €106k | €90k | €112k | €103k | ▼ 8.5% |
| Operating profit (loss)9901 | €64k | €89k | €71k | €85k | €77k | ▼ 9.7% |
| Financial income75/76B | €0 | - | €781 | - | - | - |
| Recurring financial income75 | €0 | - | €781 | - | - | - |
| Financial charges65/66B | €448 | €499 | €923 | €2k | €2k | ▼ 30.2% |
| Recurring financial charges65 | €448 | €499 | €923 | €2k | €2k | ▼ 30.2% |
| Profit (loss) for the period before taxes9903 | €64k | €89k | €71k | €83k | €75k | ▼ 9.2% |
| Income taxes67/77 | €13k | €18k | €15k | €18k | €17k | ▼ 8.6% |
| Profit (loss) for the period9904 | €51k | €71k | €56k | €64k | €58k | ▼ 9.3% |
| Profit (loss) for the period to be appropriated9905 | €51k | €71k | €56k | €64k | €58k | ▼ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190k | €186k | €280k | €135k | €121k | ▼ 10.6% |
| Fixed assets21/28 | €124k | €112k | €140k | €115k | €90k | ▼ 21.4% |
| Intangible fixed assets21 | €121k | €106k | €91k | €76k | €61k | ▼ 19.7% |
| Tangible fixed assets22/27 | €3k | €6k | €49k | €38k | €29k | ▼ 24.8% |
| Plant, machinery and equipment23 | €414 | €42 | - | - | €866 | - |
| Furniture and vehicles24 | €452 | €3k | €46k | €36k | €27k | ▼ 27.3% |
| Other tangible fixed assets26 | €2k | €3k | €3k | €2k | €2k | ▼ 22.6% |
| Financial fixed assets28 | €105 | €105 | €105 | €105 | €105 | = |
| Current assets29/58 | €66k | €73k | €140k | €20k | €31k | ▲ 49.6% |
| Amounts receivable within one year40/41 | €240 | €4k | €34k | €3k | €4k | ▲ 59.1% |
| Trade receivables40 | €240 | - | - | - | - | - |
| Other amounts receivable41 | - | €4k | €34k | €3k | €4k | ▲ 59.1% |
| Cash at bank and in hand54/58 | €60k | €59k | €100k | €13k | €23k | ▲ 70.6% |
| Deferred charges and accrued income490/1 | €5k | €10k | €5k | €4k | €4k | ▼ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190k | €186k | €280k | €135k | €121k | ▼ 10.6% |
| Equity10/15 | €111k | €181k | €238k | €67k | €62k | ▼ 8.3% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €108k | €179k | €235k | €65k | €59k | ▼ 8.6% |
| Amounts payable17/49 | €79k | €4k | €42k | €68k | €59k | ▼ 12.9% |
| Amounts payable after more than one year17 | - | - | €27k | €13k | - | - |
| Financial debts170/4 | - | - | €27k | €13k | - | - |
| Amounts payable within one year42/48 | €78k | €3k | €14k | €55k | €59k | ▲ 8.5% |
| Current portion of amounts payable after more than one year42 | - | - | €13k | €14k | €13k | ▼ 4.3% |
| Trade debts44 | €5k | €3k | €1k | €1k | €1k | ▼ 13.3% |
| Suppliers440/4 | €5k | €3k | €1k | €1k | €1k | ▼ 13.3% |
| Taxes, remuneration and social security45 | €111 | - | - | - | - | - |
| Taxes450/3 | €111 | - | - | - | - | - |
| Other amounts payable47/48 | €73k | - | - | €39k | €45k | ▲ 13.8% |
| Accrued charges and deferred income492/3 | €1k | €1k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €71k | €56k | €64k | €58k | ▼ 9.3% |
| + Depreciation and write-downs630 | €16k | €16k | €18k | €26k | €25k | ▼ 0.7% |
| Operating cash flow (approximation) | €66k | €87k | €75k | €90k | €84k | ▼ 6.9% |
| Investment in fixed assets (approximation) | - | €-5k | €-46k | €-423 | €-949 | ▼ 124% |
| Change in cash | - | €-1k | €41k | €-87k | €9k | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €238k ▲31.1%
4 profitable years in a row build equity to €238k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €71k ▲40.1%
Operating result €89k, net result €71k, both a record.
31-12
Financial
Liquidity times 29current ratio 24.69
Current ratio from 0.85 to 24.69; short-term debt falls from €78k to €3k.
31-12
Financial
Equity above €150kEq €181k ▲64%
3 profitable years in a row build equity to €181k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €51k ▼12.2%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €111k ▲84.2%
2 profitable years in a row build equity to €111k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
Ground area
155 m²
Building footprint
71 m²
Volume, LiDAR
628 m³
Parcel 21683D0371/00R065, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MILHANTHIER
since 20202.299.843.571
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0371/00R065 | Brussels | 155 m² | 1 · 71 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,125 companies in sector 86210 we hold annual accounts for 6,336. 4,805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
71209Other technical testing and analysis
Scores and ratios are computed by Checked and are not a credit decision.