MHWL & Brainovation
ActiveSummary
MHWL & Brainovation has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,072 and a net result of €7,225. Equity has been shrinking by about 7.6% per year since 2018. Its solvency ranks better than 45% of 845 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 14-12-2011 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 4 others
- Establishment unit
- 2.204.806.535 9550 Herzele, since 14-12-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €20,113
- Turnover
- ≈ €130,000
- estimated
- Profit
- €7,225
- Equity
- €25,072
- ▲ 40.5%
- Total assets
- €65,519
- ▲ 14.3%
Score breakdownlowers riskLiquidity: current ratio 0.91, cash €28,513Founded in 2011Sector: Advertising, market research and public relations activities (NACE 73)Figures for financial year 2025 (filed on 01-08-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 40% of them on solvency, 60% on liquidity, 58% on profitability and 80% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from BVBA Tom Baele to MHWL & BrainovationChange of role: BAELE Tom, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MHWL & Brainovation: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €57,000 and €74,800, founded between 2010 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| MHWL & Brainovation Herzele | €65,519 | €20,113 |
| COMMUNICATE TO AWAKEN Schaarbeek | €70,109 | €18,864 |
| SOGESTEAK Ukkel | €56,965 | €20,701 |
| Eksel Domus Antwerpen | €61,039 | €18,180 |
| BEABA Ottignies-Louvain-la-Neuve | €74,810 | €20,387 |
| AKA COMMUNICATION Ukkel | €65,156 | €16,259 |
| BLACK MOUNTAIN Sint-Joost-ten-Node | €72,962 | €23,935 |
Key facts about MHWL & Brainovation
- What is the company number of MHWL & Brainovation?
- The company number of MHWL & Brainovation is 0841.792.724. The VAT number is the same number with BE in front: BE 0841.792.724.
- Where is MHWL & Brainovation based?
- The registered office is at Gentweg 38, 9550 Herzele.Company details
- What does MHWL & Brainovation do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of MHWL & Brainovation?
- The legal form of MHWL & Brainovation is Private limited company (BV).
- When was MHWL & Brainovation founded?
- MHWL & Brainovation was founded on 14-12-2011.
- Is MHWL & Brainovation still active?
- Yes, MHWL & Brainovation is an active enterprise in the KBO register.
- What is the turnover of MHWL & Brainovation?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €20,113 and 39 comparable companies (NACE 73300). It probably lies between €52,000 and €210,000. It is a rough estimate.Financials
- Is MHWL & Brainovation profitable?
- In financial year 2025, MHWL & Brainovation made a profit of €7,225.
- Where can I find the annual accounts of MHWL & Brainovation?
- MHWL & Brainovation filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MHWL & Brainovation due?
- MHWL & Brainovation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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