ACTIVE

MHAL

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Financial year 2025 · closed on 31/12/2025
Net result
17,3 k €
+6.7% YoY
Gross margin
58 k €
+1.5% YoY
Equity
53,8 k €
+47.4% YoY

What does MHAL do?

MHAL is a Private limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Halen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0666.976.948
Incorporation
30/11/2016
Legal form
Private limited company
Registered office
Meldertsestraat 8 box 4015
3545 Halen · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin58 k €57,2 k €56,3 k €49,7 k €63,3 k €46,6 k €46 k €73,3 k €89,9 k €
EBITDA57,5 k €56,6 k €55,7 k €49 k €62,9 k €42,8 k €42 k €72,8 k €87,5 k €
Operating result27,9 k €27,1 k €26,2 k €19,4 k €33,3 k €13,3 k €12,4 k €43,2 k €55,4 k €
Net result17,3 k €16,2 k €14,9 k €9,6 k €19,3 k €4,4 k €3,3 k €27,7 k €45,1 k €
Balance sheet
Equity53,8 k €36,5 k €144,3 k €129,3 k €119,8 k €100,5 k €96,1 k €92,7 k €65,1 k €
Total assets441 k €472,9 k €503,4 k €530,4 k €557,9 k €569,9 k €607,5 k €638,5 k €815,2 k €
Cash30,2 k €32,6 k €25,1 k €34,2 k €18,9 k €16,9 k €25,7 k €20,4 k €48,2 k €
Debts387,2 k €436,3 k €359,1 k €401,1 k €438,1 k €469,4 k €511,5 k €545,8 k €750,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

YECO

Director · since 21 novembre 2016 · 0888.451.803

Represented by Wijnen Jan

Active

Ended mandates

YECO

Director · since 21 novembre 2016 · 0888.451.803

Represented by Wijnen JAN

Ended
FRECOM

Director · 0830.374.735

Represented by Frédéric Geboers

Ended
FRECOM

Manager · 0830.374.735

Represented by Frédéric Geboers

Ended
MHAL

Manager · 0666.976.948

Represented by Jan Wijnen

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202617/06/202512/04/202420/06/202308/06/202209/07/2021
General meeting15/04/202606/06/202510/04/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/04/202626/05/2026DutchPDF
Abridged model31/12/202406/06/202517/06/2025DutchPDF
Abridged model31/12/202310/04/202412/04/2024DutchPDF
Abridged model31/12/202202/06/202320/06/2023DutchPDF
Abridged model31/12/202103/06/202208/06/2022DutchPDF
Micro model31/12/202004/06/202109/07/2021DutchPDF
Micro model31/12/201905/06/202002/07/2020DutchPDF
Micro model31/12/201807/06/201928/06/2019DutchPDF
Micro model31/12/201701/06/201810/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 1 active · 6 ended

Active mandates

YECO

Director · since 21 novembre 2016 · 0888.451.803

Represented by Wijnen Jan

Active

Ended mandates

YECO

Director · since 21 novembre 2016 · 0888.451.803

Represented by Wijnen JAN

Ended
FRECOM

Director · 0830.374.735

Represented by Frédéric Geboers

Ended
FRECOM

Manager · 0830.374.735

Represented by Frédéric Geboers

Ended
MHAL

Manager · 0666.976.948

Represented by Jan Wijnen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/06/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/12/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202517,3 k €↑
  2. 2024
    Annual accounts 202416,2 k €↑
  3. 2023
    Annual accounts 202314,9 k €↑
  4. 2022
    Annual accounts 20229,6 k €↓
  5. 2021
    Annual accounts 202119,3 k €↑
  6. 2020
    Annual accounts 20204,4 k €↑
  7. 2019
    Annual accounts 20193,3 k €↓
  8. 2018
    Annual accounts 201827,7 k €↓
  9. 2017
    Annual accounts 201745,1 k €
  10. 30/11/2016
    IncorporationPrivate limited company