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MWMH

Active
Private limited companyfounded 20233 yrs activeChaussée de Mons(PIE) 29, 7100 La Louvière, BelgiumKBO/BCE: BE 0805.660.917
Summary

The computed 12-month bankruptcy probability of MWMH is 3.2% (moderate). The 2025 annual accounts show equity of €7,745 and a net result of €1,898. Its solvency ranks better than 49% of 10485 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+41
Solvency61▲+7
Growth78
Track record94
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-09-2026, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
36 d late
2024
50 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 43 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 September 2023, MWMH was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€7,745▲ 32.5%
2024 · €5,847
Total assets
€21,546▲ 8.5%
2024 · €19,860
Net result
€1,898▲ 124%
2024 · €847
Working capital
€6,721▲ 43.1%
2024 · €4,695
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€2,155-€2,039▼ 5.4%
Net result€847within the sector's middle half-€1,898within the sector's middle half▲ 124%
Equity€5,847within the sector's middle half-€7,745below the sector's middle half▲ 32.5%
Total assets€19,860below the sector's middle half-€21,546below the sector's middle half▲ 8.5%
Debt€14,013-€13,801▼ 1.5%
Working capital€4,695-€6,721▲ 43.1%
Solvency29.4%within the sector's middle half-35.9%within the sector's middle half▲ 6.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000Operating result 2024: €2,155€2,155Net result 2024: €847€847Operating result 2025: €2,039€2,039Net result 2025: €1,898€1,89820242025€0€1,000€2,000Operating result 2024: €2,155€2,150Net result 2024: €847€847Operating result 2025: €2,039€2,040Net result 2025: €1,898€1,90020242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21,546
Fixed assets €1,024 ▼ 11.1%
Current assets €20,522 ▲ 9.7%
Equity and liabilities €21,546
Equity €7,745 ▲ 32.5%
Debt €13,801 ▼ 1.5%
Debt's share of the balance-sheet total falls from 70.6% to 64.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,167▼
2024 · €2,283
Cash flow
€2,026▲
2024 · €975
Current ratio
1.49▲
2024 · 1.34
Quick ratio
0.82▲
2024 · 0.55
Debt to equity
1.78▼
2024 · 2.40
ROE
24.5%▲
2024 · 14.5%
ROA
8.8%▲
2024 · 4.3%
Interest coverage
15.36▲
2024 · 1.75
Debt ≤ 1 year
€13,801▼
2024 · €14,013
Staff costs
€5,380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,275 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 · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€19,860€21,546▲
Fixed assets21/28€1,152€1,024▼
Tangible fixed assets22/27€1,152€1,024▼
Plant, machinery and equipment23€1,152€1,024▼
Current assets29/58€18,708€20,522▲
Stocks and contracts in progress3€11,000€9,230▼
Stocks30/36€11,000€9,230▼
Amounts receivable within one year40/41€470€1,856▲
Other amounts receivable41€470€1,856▲
Cash at bank and in hand54/58€7,238€9,436▲
Equity and liabilities
Total equity and liabilities10/49€19,860€21,546▲
Equity10/15€5,847€7,745▲
Contributions10/11€5,000€5,000=
Outside capital11€5,000€5,000=
Other1109/19€5,000€5,000=
Profit (loss) carried forward14€847€2,745▲
Amounts payable17/49€14,013€13,801▼
Amounts payable within one year42/48€14,013€13,801▼
Trade debts44€2,370€1,407▼
Suppliers440/4€2,370€1,407▼
Taxes, remuneration and social security45€969€1,913▲
Taxes450/3-€3
Remuneration and social security454/9€969€1,910▲
Other amounts payable47/48€10,674€10,481▼
Income statement Code20242025
Remuneration, social security and pensions62-€5,380
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128€128=
Other operating charges640/8€140-
Gross operating margin9900€2,423€7,547▲
Operating profit (loss)9901€2,155€2,039▼
Financial charges65/66B€1,308€141▼
Recurring financial charges65€1,308€141▼
Profit (loss) for the period before taxes9903€847€1,898▲
Profit (loss) for the period9904€847€1,898▲
Profit (loss) for the period to be appropriated9905€847€1,898▲
Appropriation of the result
Profit (loss) to be appropriated9906€847€2,745▲
Profit (loss) brought forward from the previous period14P-€847

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€5,380-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128€128=
Other operating charges640/8€140--
Gross operating margin9900€2,423€7,547▲ 211%
Operating profit (loss)9901€2,155€2,039▼ 5.4%
Financial charges65/66B€1,308€141▼ 89.2%
Recurring financial charges65€1,308€141▼ 89.2%
Profit (loss) for the period before taxes9903€847€1,898▲ 124%
Profit (loss) for the period9904€847€1,898▲ 124%
Profit (loss) for the period to be appropriated9905€847€1,898▲ 124%
Line20242025Change
Assets
Total assets20/58€19,860€21,546▲ 8.5%
Fixed assets21/28€1,152€1,024▼ 11.1%
Tangible fixed assets22/27€1,152€1,024▼ 11.1%
Plant, machinery and equipment23€1,152€1,024▼ 11.1%
Current assets29/58€18,708€20,522▲ 9.7%
Stocks and contracts in progress3€11,000€9,230▼ 16.1%
Stocks30/36€11,000€9,230▼ 16.1%
Amounts receivable within one year40/41€470€1,856▲ 295%
Other amounts receivable41€470€1,856▲ 295%
Cash at bank and in hand54/58€7,238€9,436▲ 30.4%
Equity and liabilities
Total equity and liabilities10/49€19,860€21,546▲ 8.5%
Equity10/15€5,847€7,745▲ 32.5%
Contributions10/11€5,000€5,000=
Outside capital11€5,000€5,000=
Other1109/19€5,000€5,000=
Profit (loss) carried forward14€847€2,745▲ 224%
Amounts payable17/49€14,013€13,801▼ 1.5%
Amounts payable within one year42/48€14,013€13,801▼ 1.5%
Trade debts44€2,370€1,407▼ 40.6%
Suppliers440/4€2,370€1,407▼ 40.6%
Taxes, remuneration and social security45€969€1,913▲ 97.3%
Taxes450/3-€3-
Remuneration and social security454/9€969€1,910▲ 97.0%
Other amounts payable47/48€10,674€10,481▼ 1.8%
Line20242025Change
Profit (loss) for the period9904€847€1,898▲ 124%
+ Depreciation and write-downs630€128€128=
Operating cash flow (approximation)€975€2,026▲ 108%
Investment in fixed assets (approximation)-€0-
Change in cash-€2,197-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 36 days late
2025
19-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, La Louvière · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
317 m²
Building footprint
168 m²
Volume, LiDAR
1,954 m³
2 parcels, Wallonia · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Le coin gourmand
Place Maugrétout(L.L) 16, 7100 La LouvièreRetail sale of bread and pastry (bakery outlets)
since 20232.349.397.903
Le coin gourmand
Chaussée de Mons(PIE) 29, 7100 La LouvièreRetail sale of bread and pastry (bakery outlets)
since 20232.350.750.854
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55372D0048/00E007 Wallonia 222 m² 1 · 73 m² 16.2 m · 5 fl.
56033A0640/00R009 Wallonia 94 m² 1 · 95 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
La Louvière2.349.397.903
1 permission
Toelating · Detailhandel · since 11-10-2023
La Louvière2.350.750.854
1 permission
Toelating · Detailhandel · since 25-10-2023

Similar companies · same sector, comparable size

Of 2,403 companies in sector 47241 we hold annual accounts for 1,101. 592 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
Contact
E-mail lecoingourmand1982@hotmail.com
Phone +32485025399
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805660917
Also 9925:BE0805660917
Registered 14-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.