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MHV SOLUTIONS

Active
Private limited companyfounded 20178 years activeLouis Clesselaan 14, 1160 Oudergem, BelgiumKBO/BCE: BE 0686.685.269
Summary

MHV SOLUTIONS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,445 and a net result of €14,628. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 1,649 sector peers (NACE 33, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Repair and maintenance of electrical equipment
NACE 33140
1 site
Size
€256,780total assets 2025
Equity
€89,445
Profit
€14,628
Turnover not published (abridged schema)
Financial health
82 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Accounts 50 days early0 of 3 deeds read
Why 82- Sector Repair, maintenance and installation of machinery and equipment (NACE 33)- Size: total assets €256,780- Profit of €14,628 (FY 2025)+ Liquidity: current ratio 1.53, cash €82,264Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Strong
Solvency 60-40
equity 34.8% of total assets
Liquidity 56-24
short-term debt 65.1% · cash 32.0%
Profitability 76-7
return on assets 5.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,371 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024highest value 01-2025: 0.2%▼ -0.2 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.2 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 4.87 in 2024; short-term debt: 65.1% and cash: 32% of total assets), but 65.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 39% on solvency, 52% on liquidity, 45% on profitability and 8% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.53, cash €82,264
NBB · annual accounts
raises risk · Sector Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Size: total assets €256,780
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €14,628 (FY 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
50 days early
2024
64 days early
2023
34 days early
2022
68 days early
2021
6 days early
2020
48 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 12 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Equity fell in 2025from €194,817 to €89,445 ▼ 54.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €14,628 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€256,780
Profit
€14,628
Solvency
34.8%
Turnover▲ 6.8%
Net result
20192022
Go to Financials

Timeline

Events
12
Since
2018
Next accounts
by 31-01-2027
  1. 30-06-2023Weakest financial year
  2. 30-06-2023Equity above €150,000
  3. 24-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Repair and maintenance of electrical equipmentNACE 33140
Founded
20-12-2017
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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