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MKHT

Active
Private limited companyfounded 2023active for 3 yearsRue de la Cigogne 2, 7800 Ath, BelgiumKBO/BCE: BE 0802.957.684
Summary

The computed 12-month bankruptcy probability of MKHT is 3.1% (moderate). The 2024 annual accounts show equity of €163,911 and a net result of €92,238. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 19 October 2026.

Equity
€163,911▲ 129%
2023 · €71,673
Total assets
€190,901▲ 113%
2023 · €89,781
Net result
€92,238▲ 40.5%
2023 · €65,673
Working capital
€160,298▲ 124%
2023 · €71,673
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 39% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€114,977 2024 Net result€92,238 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€82,680-€114,977▲ 39.1%
Net result€65,673-€92,238▲ 40.5%
Equity€71,673-€163,911▲ 129%
Total assets€89,781-€190,901▲ 113%
Debt€18,108-€26,991▲ 49.1%
Working capital€71,673-€160,298▲ 124%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €190,901
Fixed assets €3,613
Current assets €187,288
Equity and liabilities €190,901
Equity €163,911 ▲ 129%
Debt €26,991 ▲ 49.1%
Debt's share of the balance-sheet total falls from 20.2% to 14.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€115,821
Cash flow
€93,082
Current ratio
6.94▲
2023 · 4.96
Debt to equity
0.16▼
2023 · 0.25
ROE
56.3%▼
2023 · 91.6%
ROA
48.3%▼
2023 · 73.1%
Interest coverage
over 100
Debt ≤ 1 year
€26,991▲
2023 · €18,108
Income taxes
€25,872▲
2023 · €17,805
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€89,781€190,901▲
Fixed assets21/28-€3,613
Tangible fixed assets22/27-€3,613
Furniture and vehicles24-€3,613
Current assets29/58€89,781€187,288▲
Amounts receivable within one year40/41€30,849€109,526▲
Other amounts receivable41€30,849€109,526▲
Cash at bank and in hand54/58€40,901€63,453▲
Deferred charges and accrued income490/1€18,030€14,309▼
Equity and liabilities
Total equity and liabilities10/49€89,781€190,901▲
Equity10/15€71,673€163,911▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€65,673€157,911▲
Amounts payable17/49€18,108€26,991▲
Amounts payable within one year42/48€18,108€26,991▲
Trade debts44€303€908▲
Suppliers440/4€303€908▲
Taxes, remuneration and social security45€17,805€26,083▲
Taxes450/3€17,805€26,083▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€844
Other operating charges640/8-€63
Gross operating margin9900€82,680€115,884▲
Operating profit (loss)9901€82,680€114,977▲
Financial income75/76B€815€3,193▲
Recurring financial income75€815€3,193▲
Financial charges65/66B€18€60▲
Recurring financial charges65€18€60▲
Profit (loss) for the period before taxes9903€83,478€118,110▲
Income taxes67/77€17,805€25,872▲
Profit (loss) for the period9904€65,673€92,238▲
Profit (loss) for the period to be appropriated9905€65,673€92,238▲
Appropriation of the result
Profit (loss) to be appropriated9906€65,673€157,911▲
Profit (loss) brought forward from the previous period14P-€65,673

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€844-
Other operating charges640/8-€63-
Gross operating margin9900€82,680€115,884▲ 40.2%
Operating profit (loss)9901€82,680€114,977▲ 39.1%
Financial income75/76B€815€3,193▲ 292%
Recurring financial income75€815€3,193▲ 292%
Financial charges65/66B€18€60▲ 243%
Recurring financial charges65€18€60▲ 243%
Profit (loss) for the period before taxes9903€83,478€118,110▲ 41.5%
Income taxes67/77€17,805€25,872▲ 45.3%
Profit (loss) for the period9904€65,673€92,238▲ 40.5%
Profit (loss) for the period to be appropriated9905€65,673€92,238▲ 40.5%
Line20232024Change
Assets
Total assets20/58€89,781€190,901▲ 113%
Fixed assets21/28-€3,613-
Tangible fixed assets22/27-€3,613-
Furniture and vehicles24-€3,613-
Current assets29/58€89,781€187,288▲ 109%
Amounts receivable within one year40/41€30,849€109,526▲ 255%
Other amounts receivable41€30,849€109,526▲ 255%
Cash at bank and in hand54/58€40,901€63,453▲ 55.1%
Deferred charges and accrued income490/1€18,030€14,309▼ 20.6%
Equity and liabilities
Total equity and liabilities10/49€89,781€190,901▲ 113%
Equity10/15€71,673€163,911▲ 129%
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€65,673€157,911▲ 140%
Amounts payable17/49€18,108€26,991▲ 49.1%
Amounts payable within one year42/48€18,108€26,991▲ 49.1%
Trade debts44€303€908▲ 200%
Suppliers440/4€303€908▲ 200%
Taxes, remuneration and social security45€17,805€26,083▲ 46.5%
Taxes450/3€17,805€26,083▲ 46.5%
Line20232024Change
Profit (loss) for the period9904€65,673€92,238▲ 40.5%
+ Depreciation and write-downs630-€844-
Operating cash flow (approximation)€65,673€93,082▲ 41.7%
Change in cash-€22,552-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 26-12-2025 2026-00000050
31-12-2023 micro format 31-08-2024 2024-00439284

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.