ACTIVE

MHC

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Financial year 2025 · closed on 30/06/2025

Net result

222,4 k €

+58.5% YoY

Gross margin

330,6 k €

+36.3% YoY

Equity

1,4 M €

+9.5% YoY

What does MHC do?

MHC is a Private limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Nazareth-De Pinte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.116.881

Incorporation

04/01/1995

Legal form

Private limited company

Registered office

Klossestraat 13
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

62 402,66 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	330,6 k €	+36.3%	242,5 k €	+9.2%	222,1 k €	+34.7%	164,9 k €	+0.1%	164,7 k €	-38.8%	269,3 k €	+19.9%	224,6 k €	-38.1%	363 k €	+32.8%	273,3 k €	+33.1%	205,4 k €	-21.4%	261,4 k €	+20.0%	217,8 k €	-15.0%	256,4 k €	-15.0%	301,7 k €	+6.2%	284,2 k €	+3.6%	274,3 k €	+29.7%	211,5 k €	+114%	98,9 k €	+75.4%	56,4 k €
EBITDA	328,6 k €	+41.4%	232,4 k €	+7.0%	217,1 k €	+36.6%	158,9 k €	-2.6%	163,2 k €	-38.7%	266,1 k €	+31.7%	202 k €	-44.0%	361 k €	+33.5%	270,4 k €	+36.6%	198 k €	-23.5%	258,7 k €	+20.4%	215 k €	-8.9%	236 k €	-7.0%	253,7 k €	+21.3%	209,1 k €	+2.9%	203,2 k €	+39.5%	145,7 k €	+65.8%	87,8 k €	+151%	35,1 k €
Operating result	309,7 k €	+39.9%	221,3 k €	+56.8%	141,2 k €	-8.5%	154,4 k €	+5.4%	146,5 k €	-41.7%	251,3 k €	+39.4%	180,2 k €	-47.4%	343 k €	+31.7%	260,4 k €	+51.8%	171,6 k €	-26.2%	232,5 k €	+27.2%	182,8 k €	-7.2%	197 k €	-5.1%	207,5 k €	+35.9%	152,7 k €	+7.8%	141,7 k €	+496%	-35,8 k €	-180%	44,8 k €	+236%	13,3 k €
Net result	222,4 k €	+58.5%	140,3 k €	+36.7%	102,7 k €	-14.3%	119,7 k €	+14.3%	104,8 k €	-23.9%	137,7 k €	+35.3%	101,8 k €	-49.7%	202,6 k €	+54.1%	131,4 k €	+45.9%	90,1 k €	-29.0%	126,9 k €	+22.9%	103,3 k €	-0.6%	103,9 k €	-9.3%	114,6 k €	+59.3%	71,9 k €	+1.9%	70,6 k €	+249%	-47,5 k €	-290%	25 k €	+1010%	2,3 k €
Balance sheet
Equity	1,4 M €	+9.5%	1,3 M €	-4.7%	1,3 M €	-2.1%	1,4 M €	+2.2%	1,3 M €	-1.6%	1,4 M €	+11.3%	1,2 M €	+9.1%	1,1 M €	+22.2%	914,4 k €	+16.8%	782,9 k €	+13.0%	692,8 k €	+22.4%	565,9 k €	+22.3%	462,7 k €	-39.0%	758,8 k €	+17.8%	644,2 k €	+12.6%	572,3 k €	+14.1%	501,7 k €	+406%	99,2 k €	+33.7%	74,2 k €
Total assets	1,6 M €	+11.8%	1,4 M €	-6.9%	1,5 M €	+1.1%	1,5 M €	+0.1%	1,5 M €	+1.3%	1,5 M €	+10.2%	1,3 M €	-0.7%	1,3 M €	+18.0%	1,1 M €	+3.1%	1,1 M €	-2.4%	1,1 M €	+1.0%	1,1 M €	-0.8%	1,1 M €	-28.1%	1,6 M €	+10.6%	1,4 M €	-0.9%	1,4 M €	+7.1%	1,3 M €	+547%	205,8 k €	+30.3%	157,9 k €
Cash	157,1 k €	+57.7%	99,6 k €	+17.3%	84,9 k €	-73.1%	315,5 k €	-67.4%	967,8 k €	+2.3%	945,7 k €	+1.3%	933,6 k €	-16.5%	1,1 M €	+9.8%	1 M €	+1487%	64,2 k €	-27.5%	88,5 k €	+237%	26,3 k €	-37.9%	42,3 k €	-90.2%	433,2 k €	+79.3%	241,6 k €	+47.2%	164,2 k €	+385%	33,8 k €	+10.2%	30,7 k €	-29.1%	43,3 k €
Debts	78,2 k €	+127%	34,4 k €	-54.2%	75,1 k €	+149%	30,2 k €	-47.7%	57,8 k €	+228%	17,6 k €	-13.3%	20,4 k €	-84.5%	131 k €	+4.2%	125,8 k €	-42.0%	216,9 k €	-36.9%	343,9 k €	-20.0%	429,8 k €	-23.6%	562,4 k €	-21.2%	713,4 k €	+5.8%	674,1 k €	-12.2%	768,1 k €	+2.5%	749 k €	+1706%	41,5 k €	+71.5%	24,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-57.1%	0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+900%	0,1 ETP	-80.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Marc HANET

Director

Active

Ended mandates

Marc Hanet

Bestuurder

Ended

Marc HANET

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/01/2026	09/01/2025	24/01/2024	31/01/2023	10/02/2022	25/01/2021
General meeting	26/12/2025	27/12/2024	29/12/2023	30/12/2022	31/12/2021	29/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	26/12/2025	28/01/2026	Dutch	PDF
Micro model	30/06/2024	27/12/2024	09/01/2025	Dutch	PDF
Micro model	30/06/2023	29/12/2023	24/01/2024	Dutch	PDF
Micro model	30/06/2022	30/12/2022	31/01/2023	Dutch	PDF
Micro model	30/06/2021	31/12/2021	10/02/2022	Dutch	PDF
Micro model	30/06/2020	29/12/2020	25/01/2021	Dutch	PDF
Micro model	30/06/2019	16/12/2019	09/01/2020	Dutch	PDF
Micro model	30/06/2018	15/12/2018	29/01/2019	Dutch	PDF
Micro model	30/06/2017	15/12/2017	15/01/2018	Dutch	PDF
Abridged model	30/06/2016	15/12/2016	23/01/2017	Dutch	PDF
Abridged model	30/06/2015	15/12/2015	13/01/2016	Dutch	PDF
Abridged model	30/06/2014	15/12/2014	09/01/2015	Dutch	PDF
Abridged model	30/06/2013	15/12/2013	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	15/12/2012	24/01/2013	Dutch	PDF
Abridged model	30/06/2011	15/12/2011	13/02/2012	Dutch	PDF
Abridged model	30/06/2010	15/12/2010	19/07/2011	Dutch	PDF
Abridged model	30/06/2009	15/12/2009	09/02/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	09/02/2009	Dutch	PDF
Abridged model	30/06/2007	15/12/2007	26/02/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	17/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Marc HANET

Director

Active

Ended mandates

Marc Hanet

Bestuurder

Ended

Marc HANET

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/07/2012
KAPITAAL - AANDELEN
PDF
Capital / shares18/02/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025222,4 k €↑
2024
Annual accounts 2024140,3 k €↑
2023
Annual accounts 2023102,7 k €↓
2022
Annual accounts 2022119,7 k €↑
2021
Annual accounts 2021104,8 k €↓
2020
Annual accounts 2020137,7 k €↑
2019
Annual accounts 2019101,8 k €↓
2018
Annual accounts 2018202,6 k €↑
2017
Annual accounts 2017131,4 k €↑
2016
Annual accounts 201690,1 k €↓
2015
Annual accounts 2015126,9 k €↑
2014
Annual accounts 2014103,3 k €↓
2013
Annual accounts 2013103,9 k €↓
2012
Annual accounts 2012114,6 k €↑
2011
Annual accounts 201171,9 k €↑
2010
Annual accounts 201070,6 k €↑
2009
Annual accounts 2009-47,5 k €↓
2008
Annual accounts 200825 k €↑
2007
Annual accounts 20072,3 k €
04/01/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MHC

Overview

What does MHC do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline