MHSE Services
ActiveFor MHSE Services, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €52k and a net result of €-233. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 7670 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability68▼-32
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
85.2%
Return on assets
-0.4%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
47 d early
2021
25 d early
2020
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€52k▼ 0.4%
2022 · €52k
2020: €18k
2021: €33k
2022: €52k
2020 → 2023
Total assets
€61k▲ 0.9%
2022 · €60k
2020: €52k
2021: €49k
2022: €60k
2020 → 2023
Net result
€-233
2022 · €19k
2020: €18k
2021: €15k
2022: €19k
2020 → 2023
Working capital
€39k▲ 30.6%
2022 · €30k
2020: €-21k
2021: €2k
2022: €30k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€18k-€33k▲ 82.6%€52k▲ 56.9%€52k▼ 0.4%
Operating result€22k-€22k▼ 1.7%€27k▲ 22.5%€-521
Net result€18k-€15k▼ 17.4%€19k▲ 25.9%€-233
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €521 after €27k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €61k
Fixed assets
€12k▼ 43.4%
Current assets
€48k▲ 26.2%
Equity and liabilities €61k
Equity
€52k▼ 0.4%
Debt
€9k▲ 9.8%
The debt ratio rises from 13.6% to 14.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2022 · €36k
Cash flow
€4k▼
2022 · €29k
Solvency
85.2%▼
2022 · 86.4%
Current ratio
5.39▲
2022 · 4.69
Quick ratio
5.39▲
2022 · 4.69
Debt / equity
0.17▲
2022 · 0.16
ROE
-0.4%▼
2022 · 36.3%
ROA
-0.4%▼
2022 · 31.3%
Interest coverage
57.84▼
2022 · 653.94
Debt
€9k▲
2022 · €8k
Debt ≤ 1 year
€9k▲
2022 · €8k
Income taxes
€1k▼
2022 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€60k€61k▲
Fixed assets21/28€22k€12k▼
Intangible fixed assets21-€1k
Tangible fixed assets22/27€22k€11k▼
Plant, machinery and equipment23€957€225▼
Furniture and vehicles24€21k€11k▼
Current assets29/58€38k€48k▲
Amounts receivable within one year40/41€25k€44k▲
Trade receivables40€15k-
Other amounts receivable41€10k€44k▲
Cash at bank and in hand54/58€13k€4k▼
Deferred charges and accrued income490/1€830€385▼
Equity and liabilities
Total equity and liabilities10/49€60k€61k▲
Equity10/15€52k€52k▼
Reserves13€52k€52k▼
Distributable reserves133€52k€52k▼
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€368€168▼
Suppliers440/4€368€168▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Income statement
Code20222023
Non-recurring operating income76A-€96
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€921€1k▲
Gross operating margin9900€37k€5k▼
Operating profit (loss)9901€27k€-521▼
Financial income75/76B€150€1k▲
Recurring financial income75€150€1k▲
Financial charges65/66B€55€72▲
Recurring financial charges65€55€72▲
Profit (loss) for the period before taxes9903€27k€770▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€19k€-233▼
Profit (loss) for the period to be appropriated9905€19k€-233▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-233▼
Transfer from equity791/2-€233
Transfer to equity691/2€19k-
To other reserves6921€19k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-233 ▼101%
Net result drops to €-233, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €19k ▲25.9%
Operating result €27k, net result €19k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.69
Current ratio from 1.10 to 4.69; short-term debt falls from €16k to €8k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.10
Current ratio from 0.36 to 1.10; short-term debt falls from €33k to €16k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen
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.
Windmolenstraat 882660 AntwerpenGround area
260 m²
Building footprint
188 m²
Volume, LiDAR
2,006 m³
Parcel 11019B0259/00P003, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0259/00P003 | Flanders | 260 m² | 1 · 187 m² | 13.6 m · 4 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
Aurélien Descamps
BE 1012.700.487
Mont-Saint-Guibert · Eq €52k
Namaste Consulting
BE 0760.790.497
Lier · Eq €52k
Zakencentrum Provinciebaan
BE 0845.904.237
Zulte · Eq €52k
BOSCATO
BE 0458.233.839
Avelgem · Eq €52k
DRIEKOMMAVEERTIEN
BE 0843.168.441
Antwerpen · Eq €52k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 38,263 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:szerifi05@gmail.com