MHO CONSULT
MHO CONSULT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €26k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 9019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €198k |
| Net result | €26k |
| Better than sector | 86% |
| Active | 17 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.6% | 44.1% | |
| Net result | €59k | €40k | |
| Equity | €172k | €490k | |
| Gross operating margin | €50k | €267k | |
| Total assets | €213k | €1.29M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €31k | €48k | €38k | €34k | €16k |
| Net profit | €26k | €62k | €49k | €26k | €20k |
| Cash flow | €28k | €64k | €51k | €27k | €21k |
| Staff costs | - | - | - | - | - |
| Income taxes | €12k | €31k | €14k | €7k | €5k |
| Dividends | - | €24k | €13k | - | €14k |
| Total assets | €228k | €244k | €168k | €92k | €59k |
| Equity | €198k | €198k | €136k | €78k | €52k |
| Debt | €31k | €46k | €32k | €14k | €7k |
| of which ≤ 1y | €31k | €46k | €32k | €14k | €7k |
| of which > 1y | - | - | - | - | - |
| Working capital | €182k | €185k | €121k | €64k | €37k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 6.97 | 5.01 | 4.83 | 5.53 | 5.94 |
| Quick ratio | 6.97 | 5.01 | 4.83 | 5.53 | 5.94 |
| Working capital ratio | 79.7% | 75.8% | 72.4% | 69.5% | 61.8% |
| Solvency | 86.6% | 81.1% | 81.1% | 84.6% | 87.5% |
| Debt / equity | 0.15 | 0.23 | 0.23 | 0.18 | 0.14 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 36.66 | 46.59 | 49.13 | 114.77 | 35.24 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.5% | 25.5% | 29.5% | 28.2% | 33.2% |
| ROE | 13.2% | 31.4% | 36.3% | 33.3% | 38.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €228k | €244k | €168k | €92k | €59k |
| Fixed assets | 21/28 | €16k | €13k | €15k | €14k | €15k |
| Tangible fixed assets | 22/27 | €5k | €2k | €4k | €3k | €4k |
| Financial fixed assets | 28 | €11k | €11k | €11k | €11k | €11k |
| Current assets | 29/58 | €213k | €232k | €153k | €78k | €44k |
| Amounts receivable within one year | 40/41 | €133k | €138k | €102k | €57k | €38k |
| Investments | 50/53 | €23k | €51k | - | - | - |
| Cash & bank | 54/58 | €38k | €33k | €22k | €20k | €6k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €228k | €244k | €168k | €92k | €59k |
| Equity | 10/15 | €198k | €198k | €136k | €78k | €52k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €115k | €116k | €54k | €22k | €2k |
| Accumulated profits (losses) | 14 | €64k | €64k | €64k | €37k | €31k |
| Amounts payable | 17/49 | €31k | €46k | €32k | €14k | €7k |
| Amounts payable within one year | 42/48 | €31k | €46k | €32k | €14k | €7k |
| Trade debts payable within one year | 44 | €112 | €2k | €3k | €690 | €714 |
| Income statement | ||||||
| Gross operating margin | 9900 | €33k | €51k | €39k | €37k | €17k |
| Operating result | 9901 | €30k | €46k | €36k | €33k | €15k |
| Financial income | 75 | €9k | €47k | €28k | - | €10k |
| Financial charges | 65 | €855 | €1k | €767 | €297 | €464 |
| Result before taxes | 9903 | €38k | €93k | €63k | €32k | €24k |
| Income taxes | 67/77 | €12k | €31k | €14k | €7k | €5k |
| Net result for the period | 9904 | €26k | €62k | €49k | €26k | €20k |
| Result to be appropriated | 9905 | €26k | €62k | €49k | €26k | €20k |
| NACE primary | Agents in non-specialised wholesale trade(46190) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 26-01-2009 |
| Status | Active |
| Postal code | 1410 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763K0757/00D000 | Wallonia | 2,339 m² | 1 · 1,440 m² | 10.1 m · 2 fl. |
| 25763L0611/00L003 | Wallonia | 2,233 m² | 1 · 564 m² | 18.4 m · 5 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-05-2023 Transaction in capital or shares
Technical details
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}| Legal nameFR | MHO CONSULT |