ACTIVE

MH FINANCES

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Financial year 2025 · closed on 31/12/2025
Net result
110,6 k €
-13.3% YoY
Gross margin
270,9 k €
-8.4% YoY
Equity
413 k €
+11.9% YoY

What does MH FINANCES do?

MH FINANCES is a Private limited company incorporated in 2010. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0824.687.169
Incorporation
06/04/2010
Legal form
Private limited company
Registered office
Avenue Louise 65 box 11
1050 Bruxelles · BruxellesSee on map
Contributed capital
100,00 €
Latest accounts
31/12/2025
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69202Accounting, bookkeeping and auditing activities; tax consultancy
Joint committees (1)
  • 336
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin270,9 k €295,7 k €117,4 k €88,8 k €70 k €62,7 k €76 k €60,6 k €63,6 k €42,1 k €39,2 k €33,5 k €29,3 k €49,6 k €60,7 k €
EBITDA219,3 k €242,4 k €115 k €87,1 k €68,5 k €61,5 k €74,7 k €58,8 k €59,3 k €40,5 k €36,8 k €32,4 k €25,6 k €48,3 k €59,7 k €
Operating result212,6 k €234 k €112,4 k €85,1 k €57 k €47,4 k €60,8 k €53 k €54 k €36 k €17,9 k €18 k €24,7 k €39,3 k €59 k €
Net result110,6 k €127,5 k €77,3 k €59,1 k €40,3 k €31,6 k €39,9 k €33,6 k €27,7 k €20,5 k €6,9 k €10,4 k €15,4 k €25,2 k €40,4 k €
Balance sheet
Equity413 k €369,2 k €296,5 k €219,3 k €213,7 k €174,2 k €143,4 k €119,3 k €93,3 k €91,6 k €72,7 k €65,8 k €55,3 k €40 k €52,8 k €
Total assets712,1 k €644 k €465,6 k €418,8 k €369,4 k €359 k €318,5 k €320,8 k €288,5 k €282,6 k €273,6 k €272,3 k €77,1 k €69,3 k €75,1 k €
Cash405,2 k €303,1 k €251,3 k €209,4 k €160,8 k €121,5 k €81,8 k €99,8 k €44,6 k €3,5 k €41,6 k €44,1 k €17 k €13,9 k €2,9 k €
Debts299 k €274,8 k €168,6 k €199,1 k €155,4 k €184,5 k €174,7 k €200,7 k €194 k €190,9 k €200,4 k €206,5 k €21,7 k €29,4 k €21,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

David Hallot

Director

Active

Ended mandates

Christopher MOORS

Director · since 03 janvier 2015

Ended
Christopher MOORS

Manager · since 03 janvier 2015

Ended
David HALLOT

Director · since 01 avril 2010

Ended
David HALLOT

Manager · since 01 avril 2010

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date11/06/202624/03/202509/01/202420/11/202231/12/202116/11/2020
General meeting11/06/202624/03/202523/12/202314/11/202211/11/202116/11/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/06/202611/06/2026FrenchPDF
Micro model31/12/202424/03/202524/03/2025FrenchPDF
Micro model30/06/202323/12/202309/01/2024FrenchPDF
Micro model30/06/202214/11/202220/11/2022FrenchPDF
Micro model30/06/202111/11/202131/12/2021FrenchPDF
Micro model30/06/202016/11/202016/11/2020FrenchPDF
Micro model30/06/201927/12/201928/01/2020FrenchPDF
Micro model30/06/201826/12/201831/12/2018FrenchPDF
Micro model30/06/201722/12/201707/05/2018FrenchPDF
Abridged model30/06/201629/12/201602/01/2017FrenchPDF
Abridged model30/06/201528/12/201529/02/2016FrenchPDF
Abridged model30/06/201415/10/201404/11/2014FrenchPDF
Abridged model30/06/201321/10/201322/10/2013FrenchPDF
Abridged model30/06/201210/11/201211/11/2012FrenchPDF
Abridged model30/06/201123/12/201108/03/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 5 ended

Active mandates

David Hallot

Director

Active

Ended mandates

Christopher MOORS

Director · since 03 janvier 2015

Ended
Christopher MOORS

Manager · since 03 janvier 2015

Ended
David HALLOT

Director · since 01 avril 2010

Ended
David HALLOT

Manager · since 01 avril 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2024
    MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates06/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/01/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/03/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other16/04/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025110,6 k €↓
  2. 2024
    Annual accounts 2024127,5 k €↑
  3. 2024
    Name changeMH FINANCES
  4. 2023
    Annual accounts 202377,3 k €↑
  5. 2022
    Annual accounts 202259,1 k €↑
  6. 2022
    Name changeM.H. FINANCES
  7. 2021
    Annual accounts 202140,3 k €↑
  8. 2020
    Annual accounts 202031,6 k €↓
  9. 2019
    Annual accounts 201939,9 k €↑
  10. 2018
    Annual accounts 201833,6 k €↑
  11. 2017
    Annual accounts 201727,7 k €↑
  12. 2016
    Annual accounts 201620,5 k €↑
  13. 2015
    Annual accounts 20156,9 k €↓
  14. 2014
    Annual accounts 201410,4 k €↓
  15. 2013
    Annual accounts 201315,4 k €↓
  16. 2012
    Annual accounts 201225,2 k €↓
  17. 2011
    Annual accounts 201140,4 k €
  18. 06/04/2010
    IncorporationPrivate limited company