MHM Consulting

Active

Private limited companyfounded 20179 yrs activeDublinstraat 35, 9000 Gent, BelgiumKBO/BCE: BE 0678.667.032

MHM Consulting has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.29M and a net result of €376k. Its solvency ranks better than 33% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Watch Print / PDF

Checked score

Score 2025

71 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability81

Solvency58

Growth-

Track record85

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €90k at 30 days acceptable

Liquidity short (current ratio 0.09; short-term debt: 30.2% and cash: 0.4% of total assets), and 66.6% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

33.4%

Return on assets

9.7%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

58 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€1.29M

Total assets

€3.88M

Net result

€376k

Working capital

€-1.06M

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €3.88M

97.2%

Fixed assets €3.77M

Current assets €110k

Equity and liabilities €3.88M

33.4%

66.6%

Equity €1.29M

Debt €2.58M

Debt finances 66.6% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€616k

Cash flow

€402k

Solvency

33.4%

Current ratio

0.09

Quick ratio

0.09

Debt / equity

2.00

ROE

29.0%

ROA

9.7%

Interest coverage

13.81

Debt

€2.58M

Debt ≤ 1 year

€1.17M

Debt > 1 year

€1.41M

Income taxes

€153k

Staff costs

€11k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€3.88M

Fixed assets21/28€3.77M

Tangible fixed assets22/27€816k

Land and buildings22€811k

Plant, machinery and equipment23€0

Furniture and vehicles24€5k

Other tangible fixed assets26€0

Financial fixed assets28€2.95M

Current assets29/58€110k

Amounts receivable within one year40/41€87k

Trade receivables40€85k

Other amounts receivable41€3k

Cash at bank and in hand54/58€17k

Deferred charges and accrued income490/1€6k

Equity and liabilities

Total equity and liabilities10/49€3.88M

Equity10/15€1.29M

Contributions10/11€1.19M

Reserves13€108k

Distributable reserves133€108k

Profit (loss) carried forward14€903

Amounts payable17/49€2.58M

Amounts payable after more than one year17€1.41M

Financial debts170/4€923k

Other amounts payable178/9€488k

Amounts payable within one year42/48€1.17M

Current portion of amounts payable after more than one year42€441k

Financial debts43€109k

Credit institutions430/8€109k

Trade debts44€105k

Suppliers440/4€105k

Taxes, remuneration and social security45€104k

Taxes450/3€95k

Remuneration and social security454/9€9k

Other amounts payable47/48€415k

Income statement Code2025

Remuneration, social security and pensions62€11k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k

Other operating charges640/8€13k

Non-recurring operating charges66A€6k

Gross operating margin9900€645k

Operating profit (loss)9901€589k

Financial income75/76B€582

Recurring financial income75€582

Financial charges65/66B€61k

Recurring financial charges65€45k

Non-recurring financial charges66B€16k

Profit (loss) for the period before taxes9903€529k

Income taxes67/77€153k

Profit (loss) for the period9904€376k

Profit (loss) for the period to be appropriated9905€376k

Appropriation of the result

Profit (loss) to be appropriated9906€376k

Profit (loss) brought forward from the previous period14P€0

Profit to be distributed694/7€375k

Return on contributions (dividend)694€375k

Social balance

Average headcount (FTE)90870.2

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Gazette 1Filings 1

2026

21-08

State Gazette act Capital & shares

Share transfer1 fact ▸

Share transfer, TND Group Europe BV

03-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

State Gazette actNBB filing

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Gent · 2 establishment units since 2017

establishment All 2 establishment units on the map

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.

Dublinstraat 359000 Gent

Ground area

5,051 m²

Building footprint

4,775 m²

Volume, LiDAR

54,708 m³

2 parcels, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

TND Group

New-Yorkstraat 11, 9000 GentEmployment placement agencies

since 20172.266.919.791

TND Group

Dublinstraat 35, 9000 GentBusiness and other management consultancy

since 20252.372.960.983

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44021A3417/00R002 ProtectedMonument · Townscape or village viewTolhuis en VoorhavenSource ↗	Flanders	4,513 m²	1 · 4,269 m²	15.7 m · 4 fl.
44021A3411/00F002 ProtectedTownscape or village viewTolhuis en VoorhavenSource ↗	Flanders	538 m²	1 · 506 m²	16.0 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Structure & network

Capital and shareholders

Transfer of shares to TND Group Europe BV (BE 1030.014.096)

From the act

“Bij akte van 16 december 2025 zijn alle aandelen van de besloten vennootschap MHM Consulting BV in één hand verenigd. Ingevolge deze overdracht is de vennootschap eenhoofdig geworden.”

State Gazette act of 21-08-2026