Financials
- Fiscal year
- 2025
- Total assets
- €38,773
- Profit
- €62,226
- Solvency
- -132.4%
MNH
ActiveSummary
MNH has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€51,340) and a net result of €62,226. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 7% of 426 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Video and film production, excluding cinema and television films
NACE 59113NACE 74879
1 site
Size
€38,773total assets 2025
- Equity
- -€51,340
- Profit
- €62,226
Structure
Accounts 2 d early0 of 9 deeds read
Why 56Capped at 59: negative equity- Negative equity -€51,340+ Size: total assets €38,773+ Founded in 2004+ Liquidity: current ratio 0.41, cash €22,083Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 55% of its sector peers (NACE 59, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency
0=
equity -132.4% of total assets
Liquidity
50+23
short-term debt 232.4% · cash 57.0%
Profitability
100=
return on assets 160.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 17 months
06-2025: 0.5%
07-2025: 0.5%▲ +5.1% vs 06-2025highest value
08-2025: 0.4%▼ -28.8% vs 07-2025
09-2025: 0.4%● 0.0% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▼ -1.3% vs 12-2025
02-2026: 0.4%● 0.0% vs 01-2026
03-2026: 0.4%▲ +2.9% vs 02-2026
04-2026: 0.4%▲ +3.9% vs 03-2026
05-2026: 0.4%▼ -3.0% vs 04-2026
06-2026: 0.4%▲ +0.3% vs 05-2026
07-2026: 0.4%▲ +10.5% vs 06-2026
08-2026: 0.3%▼ -20.2% vs 07-2026lowest value
09-2026: 0.3%● 0.0% vs 08-2026lowest value
10-2026: 0.3%● 0.0% vs 09-2026lowest value
- Size: total assets €38,773 lowers the probability for this profile
- Negative equity -€51,340 raises the probability
- Founded in 2004 lowers the probability for this profile
- Liquidity: current ratio 0.41, cash €22,083 lowers the probability
No credit on open account
Liquidity short (current ratio 0.41 against 0.1 in 2024; short-term debt: 232.4% and cash: 57% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 59, micro). Better than this share of them on solvency 6%, liquidity 38%, profitability 92%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 426 sector peers (2025).
NBB · sector comparisonPosition among 426 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
47 d late
2022
99 d late
2021
on the day
2020
61 d late
2019
104 d late
← 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 44 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2018net €62,226 ▲296%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-07-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 31-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Video and film production, excluding cinema and television…NACE 59113
- Founded
- 28-12-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.