MHM DEVELOPMENTS
The file of MHM DEVELOPMENTS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 10.7% (high). The 2021 annual accounts show negative equity (€-12k) and a net result of €-1k. Equity is shrinking by ~36.8% per year across the filed fiscal years.
| Equity | €-12k |
| Net result | €-1k |
| Active | 7 yrs |
| Publications | 11 |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2021 |
|---|---|
| Revenue | — |
| EBITDA | €-429 |
| Net profit | €-1k |
| Cash flow | €-430 |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €3k |
| Equity | €-12k |
| Debt | €15k |
| of which ≤ 1y | €15k |
| of which > 1y | — |
| Working capital | €-14k |
| Employees (FTE) | — |
| 2021 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -494.8% |
| Solvency | -433.1% |
| Debt / equity | -1.23 |
| Long-term debt ratio | — |
| Interest coverage | -285.79 |
| Gross margin | — |
| Net margin | — |
| ROA | -43.5% |
| ROE | 10.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €3k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €1k |
| Amounts receivable within one year | 40/41 | €750 |
| Cash & bank | 54/58 | €329 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3k |
| Equity | 10/15 | €-12k |
| Contributions / capital | 10/11 | €17k |
| Accumulated profits (losses) | 14 | €-29k |
| Amounts payable | 17/49 | €15k |
| Amounts payable within one year | 42/48 | €15k |
| Trade debts payable within one year | 44 | €385 |
| Income statement | ||
| Gross operating margin | 9900 | €-429 |
| Operating result | 9901 | €-1k |
| Financial charges | 65 | €2 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KRISTIN VERHAEGEN DESGUINLEI 100,
2018 ANTWERPEN 1 |
16-10-2025 → present | Belgian State Gazette |
| NACE primary | — |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-03-2019 |
| Status | Active |
| Postal code | — |
| First BS signal | 22-10-2025 |
| Latest BS signal | 03-11-2025 |
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. |
|---|---|---|---|---|
| 11811L3500/00Y000 | Flanders | 157 m² | 1 · 138 m² | 19.0 m · 4 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-03-2023 Registered office moved within Antwerpen
- Nationalestraat 142, 2000 Antwerpen → 2000 Antwerpen Kronenburgstraat 56
Technical details
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}02-03-2023 All shares are now held by a single shareholder
Technical details
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}05-01-2023 Registered office moved within Antwerpen
- Van Kerckhovenstraat 31, 2060 Antwerpen → 2000 Antwerpen Nationalestraat 142
Technical details
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}12-12-2022 1 director appointed, 1 resigning
- Hyusein Vedat — Bestuurder
- El Hamayda Ala'a — Bestuurder
Technical details
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}12-12-2022 All shares are now held by a single shareholder
Technical details
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}12-12-2022 Registered office moved within Antwerpen
- Terlostraat 32 bus 1, 2140 Antwerpen → 2060 Antwerpen Van Kerckhovenstraat 31
Technical details
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}15-04-2022 End of the company published
Technical details
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}10-02-2022 Transaction in capital or shares
Technical details
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}10-02-2022 Registered office moved to Antwerpen
- Terlostraat 32 bus 1 te 2140 ANTWERPEN
Technical details
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"country": "BE",
"postcode": "2140",
"box_number": "1",
"street_number": "32",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2022-01-01",
"evidence_quote": "De maatschappelijke zetel zal met ingang vanaf 01/01/2022 verplaatst worden naar: Terlostraat 32 bus 1 te 2140 ANTWERPEN.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-02-10",
"filing_date": "2022-01-31",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2021-12-31",
"unanimous": null
},
"subject_company": {
"kbo": "0721.989.707",
"name_full": "MHM DEVELOPMENTS",
"legal_form": "BESLOTEN VENNOOTSCHA\u0420"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Khajkhasan Muneer",
"org_rep_person_name": null,
"person_role_at_subject": "Ontslagnemend Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 10/02/2022 - Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MHM DEVELOPMENTS |