PROJECTS MH

Active

Private limited companyfounded 20223 yrs activeHeiderbosstraat 1A, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0795.294.090

PROJECTS MH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €8k. Equity is growing by ~46.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

61 / 100

Healthy▼ -25 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability95▼-5

Solvency56▲+1

Growth52▼-26

Stability94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity short (current ratio 0.97 against 1.27 in 2024), and 63.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

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

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

36.7%

Return on assets

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

92 d early

2024

37 d early

2023

2 d early

← before the deadline after the deadline →

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

12-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€40k▲ 23.5%

2024 · €32k

2023: €10k 2024: €32k

2023 → 2025

Total assets

€108k▲ 6.2%

2024 · €102k

2023: €94k 2024: €102k

2023 → 2025

Net result

€8k▼ 66.5%

2024 · €23k

2023: €9k 2024: €23k

2023 → 2025

Working capital

€-1k

2024 · €9k

2023: €-10k 2024: €9k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€10k-€32k▲ 237%€40k▲ 23.5%

Operating result€12k-€30k▲ 150%€12k▼ 60.9%

Net result€9k-€23k▲ 164%€8k▼ 66.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 61% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €108k

59.6%

40.4%

Fixed assets €65k▲ 4.4%

Current assets €44k▲ 8.9%

Equity and liabilities €108k

36.7%

63.3%

Equity €40k▲ 23.5%

Debt €69k▼ 1.8%

The debt ratio falls from 68.5% to 63.3%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€40k▼

2024 · €50k

Cash flow

€35k▼

2024 · €42k

Solvency

36.7%▲

2024 · 31.5%

Current ratio

0.97▼

2024 · 1.27

Quick ratio

0.97▼

2024 · 1.27

Debt / equity

1.72▼

2024 · 2.17

ROE

19.0%▼

2024 · 70.3%

ROA

7.0%▼

2024 · 22.2%

Interest coverage

35.21▼

2024 · 119.20

Debt

€69k▼

2024 · €70k

Debt ≤ 1 year

€45k▲

2024 · €32k

Debt > 1 year

€23k▼

2024 · €38k

Income taxes

€3k▼

2024 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€102k€108k▲

Fixed assets21/28€62k€65k▲

Tangible fixed assets22/27€61k€64k▲

Plant, machinery and equipment23€5k€6k▲

Furniture and vehicles24€55k€57k▲

Other tangible fixed assets26€1k€1k▼

Financial fixed assets28€450€450=

Current assets29/58€40k€44k▲

Amounts receivable within one year40/41€21k€26k▲

Trade receivables40€21k€25k▲

Other amounts receivable41€17€495▲

Cash at bank and in hand54/58€19k€18k▼

Deferred charges and accrued income490/1€6€313▲

Equity and liabilities

Total equity and liabilities10/49€102k€108k▲

Equity10/15€32k€40k▲

Contributions10/11€1k€1k=

Reserves13€31k€39k▲

Distributable reserves133€31k€39k▲

Amounts payable17/49€70k€69k▼

Amounts payable after more than one year17€38k€23k▼

Financial debts170/4€38k€23k▼

Amounts payable within one year42/48€32k€45k▲

Current portion of amounts payable after more than one year42€15k€15k=

Trade debts44€5k€2k▼

Suppliers440/4€5k€2k▼

Taxes, remuneration and social security45€11k€14k▲

Taxes450/3€11k€11k▲

Remuneration and social security454/9-€2k

Other amounts payable47/48€254€13k▲

Accrued charges and deferred income492/3-€756

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€28k▲

Other operating charges640/8€671€1k▲

Gross operating margin9900€50k€41k▼

Operating profit (loss)9901€30k€12k▼

Financial income75/76B€130€159▲

Recurring financial income75€130€159▲

Financial charges65/66B€416€1k▲

Recurring financial charges65€416€1k▲

Profit (loss) for the period before taxes9903€30k€11k▼

Income taxes67/77€7k€3k▼

Profit (loss) for the period9904€23k€8k▼

Profit (loss) for the period to be appropriated9905€23k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€8k▼

Transfer to equity691/2€23k€8k▼

To other reserves6921€23k€8k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €8k ▼66.5%

Net result drops to €8k, the lowest in the series.

24-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2023net €23k ▲164%

Operating result €30k, net result €23k, both a record.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2026

HAUMONT Stefanie

Director · since 21-12-2023

Current

01-01-2026 Resigned as Director

01-01-2026 Resigned as Daily management

21-12-2023 Appointed as Director

Location & real-estate footprint

Registered office, Oudsbergen · 1 establishment unit since 2022

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Heiderbosstraat 1A3660 Oudsbergen

Ground area

776 m²

Building footprint

200 m²

Volume, LiDAR

2,478 m³

Parcel 71562B0897/00C029, Flanders · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

PROJECTS MH

Heiderbosstraat 1A, 3660 OudsbergenComputing infrastructure, data processing, hosting and other information service activities

since 20222.340.900.901

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71562B0897/00C029	Flanders	776 m²	1 · 200 m²	20.9 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Sint-Martens-Latem · Eq €40k

VARNO

BE 0800.789.735

Kortrijk · Eq €40k

Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 36,546 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-12-2022

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

63920Other information service activities

63990Computing infrastructure, data processing, hosting and other information service activities

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.