MHO CONCEPT
0877.031.537 · rovalta.com · 22/09/2026
ACTIVE
MHO CONCEPT
Financial year 2025 · closed on 31/12/2025
Net result
15,7 k €
+151.1% YoY
Gross margin
33,8 k €
-25.0% YoY
Equity
-3,6 k €
+81.5% YoY
Overview
What does MHO CONCEPT do?
MHO CONCEPT is a Private limited company incorporated in 2005. Its registered office is in Waterloo.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0877.031.537
Incorporation
27/10/2005
Legal form
Private limited company
Registered office
Avenue Reine Astrid 29
1410 Waterloo · WallonieSee on map
1410 Waterloo · WallonieSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 33,8 k € | -25.0% | 45 k € | -13.1% | 51,8 k € | +585% | 7,6 k € | -77.3% | 33,3 k € | +22.3% | 27,2 k € | -7.0% | 29,3 k € | +173% | -40,2 k € | -110% | -19,1 k € | -125% | 77,7 k € | +0.5% | 77,4 k € | +2890% | -2,8 k € | -104% | 63,2 k € | -30.2% | 90,6 k € | +188% | 31,5 k € | +3345% | 913,5 € | -97.4% | 35,7 k € | +237% | 10,6 k € | -73.1% | 39,4 k € | +25715% | -154 € |
| EBITDA | 32,1 k € | -14.6% | 37,5 k € | -17.0% | 45,2 k € | +730% | 5,4 k € | -83.3% | 32,5 k € | +32.8% | 24,5 k € | +22.9% | 19,9 k € | +149% | -40,7 k € | -82.5% | -22,3 k € | -183% | 26,8 k € | -35.1% | 41,3 k € | +204% | -39,9 k € | -211% | 36,1 k € | -35.8% | 56,3 k € | +557% | 8,6 k € | +308% | -4,1 k € | -116% | 25,7 k € | +233% | 7,7 k € | -78.9% | 36,6 k € | +1010% | -4 k € |
| Operating result | 27,7 k € | +52.6% | 18,2 k € | -58.3% | 43,6 k € | +1120% | 3,6 k € | -88.3% | 30,6 k € | +235% | -22,6 k € | -216% | 19,6 k € | +146% | -42,6 k € | -76.1% | -24,2 k € | -201% | 24 k € | -37.4% | 38,3 k € | +182% | -46,4 k € | -279% | 26 k € | -48.7% | 50,6 k € | +1683% | 2,8 k € | +128% | -10,2 k € | -162% | 16,4 k € | +4620% | -362,9 € | -101% | 31,7 k € | +535% | -7,3 k € |
| Net result | 15,7 k € | +151% | 6,3 k € | -77.9% | 28,4 k € | +622% | -5,4 k € | -121% | 26 k € | +194% | -27,7 k € | -312% | 13,1 k € | +129% | -45,1 k € | -69.1% | -26,7 k € | -464% | 7,3 k € | -76.6% | 31,3 k € | +172% | -43,5 k € | -524% | 10,3 k € | -75.1% | 41,3 k € | +11666% | -356,9 € | +96.8% | -11,3 k € | -208% | 10,4 k € | +117% | -60,3 k € | -455% | 17 k € | +292% | -8,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -3,6 k € | +81.5% | -19,3 k € | +24.5% | -25,6 k € | +52.6% | -54 k € | -11.2% | -48,5 k € | +34.9% | -74,5 k € | -59.2% | -46,8 k € | +21.8% | -59,9 k € | -305% | -14,8 k € | -224% | 11,9 k € | +160% | 4,6 k € | +117% | -26,8 k € | -260% | 16,7 k € | +158% | 6,5 k € | +119% | -34,8 k € | -1.0% | -34,4 k € | -6.1% | -32,5 k € | +24.3% | -42,9 k € | -399% | 14,4 k € | +645% | -2,6 k € |
| Total assets | 63,8 k € | +46.8% | 43,5 k € | +20.7% | 36 k € | +23.7% | 29,1 k € | -23.3% | 38 k € | -55.3% | 85 k € | +5.8% | 80,3 k € | +41.4% | 56,8 k € | -13.0% | 65,3 k € | -30.5% | 94 k € | -16.7% | 112,8 k € | +13.7% | 99,2 k € | -19.3% | 122,9 k € | +27.4% | 96,4 k € | +54.2% | 62,6 k € | -22.1% | 80,3 k € | -8.5% | 87,8 k € | +104% | 42,9 k € | -88.2% | 362,9 k € | +22.6% | 296 k € |
| Cash | 2,1 k € | -42.6% | 3,7 k € | +85.7% | 2 k € | +200% | 662,4 € | -82.4% | 3,8 k € | -15.1% | 4,4 k € | +31.5% | 3,4 k € | -25.4% | 4,5 k € | +94742% | 4,8 € | -100.0% | 22 k € | +678% | 2,8 k € | -69.4% | 9,2 k € | -22.4% | 11,9 k € | -46.5% | 22,2 k € | +139% | 9,3 k € | +1819% | 484 € | -88.4% | 4,2 k € | +453% | 756,8 € | +93.6% | 391 € | -96.9% | 12,8 k € |
| Debts | 67,4 k € | +7.4% | 62,8 k € | +1.9% | 61,6 k € | -25.9% | 83,1 k € | -3.9% | 86,5 k € | -45.8% | 159,5 k € | +25.4% | 127,2 k € | +9.0% | 116,7 k € | +45.7% | 80,1 k € | -2.4% | 82,1 k € | -24.2% | 108,2 k € | -11.9% | 122,8 k € | +17.2% | 104,8 k € | +16.5% | 90 k € | -7.6% | 97,3 k € | -15.2% | 114,7 k € | -4.6% | 120,3 k € | +40.1% | 85,8 k € | -75.4% | 348,5 k € | +16.7% | 298,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4 200,0 ETP | – | – | – | |||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 27 ended
Active mandates
Marc Hollander
ActiveEnded mandates
Hubert Karczmarczyk
EndedHubert Karczmarczyk
EndedHubert Karczmarczyk
EndedDariusz Wiercinski
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
FM&P● Active | 0542.736.081 |
La Constance● Active | 0409.397.111 |
Nexorias by MVV● Active | 1034.438.385 |
Financials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 12/08/2026 | 10/09/2025 | 31/08/2024 | 30/08/2023 | 16/09/2022 | 17/08/2021 |
| General meeting | 21/05/2026 | 15/05/2025 | 16/05/2024 | 19/05/2023 | 19/05/2022 | 20/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 21/05/2026 | 12/08/2026 | French | |
| Micro model | 31/12/2024 | 15/05/2025 | 10/09/2025 | French | |
| Micro model | 31/12/2023 | 16/05/2024 | 31/08/2024 | French | |
| Micro model | 31/12/2022 | 19/05/2023 | 30/08/2023 | French | |
| Micro model | 31/12/2021 | 19/05/2022 | 16/09/2022 | French | |
| Micro model | 31/12/2020 | 20/05/2021 | 17/08/2021 | French | |
| Micro model | 31/12/2019 | 22/05/2020 | 29/10/2020 | French | |
| Micro model | 31/12/2018 | 16/05/2019 | 09/10/2019 | French | |
| Micro model | 31/12/2017 | 17/05/2018 | 18/09/2018 | French | |
| Abridged model | 31/12/2016 | 18/05/2017 | 01/09/2017 | French | |
| Abridged model | 31/12/2015 | 08/03/2016 | 09/03/2016 | French | |
| Abridged model | 31/12/2014 | 21/05/2015 | 31/08/2015 | French | |
| Abridged model | 31/12/2013 | 15/05/2014 | 29/08/2014 | French | |
| Abridged model | 31/12/2012 | 31/01/2013 | 06/02/2013 | French | |
| Abridged model | 31/12/2011 | 18/05/2012 | 26/10/2012 | French | |
| Abridged model | 31/12/2010 | 19/05/2011 | 31/10/2011 | French | |
| Abridged model | 31/12/2009 | 20/05/2010 | 01/09/2010 | French | |
| Abridged model | 31/12/2008 | 22/05/2009 | 17/08/2009 | French | |
| Abridged model | 31/12/2007 | 15/05/2008 | 07/07/2008 | French | |
| Abridged model | 31/12/2006 | 17/05/2007 | 28/06/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 27 ended
Active mandates
Marc Hollander
ActiveEnded mandates
Hubert Karczmarczyk
EndedHubert Karczmarczyk
EndedHubert Karczmarczyk
EndedDariusz Wiercinski
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/07/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
- Mandates16/12/2022DEMISSIONS, NOMINATIONS
- Mandates11/10/2022DEMISSIONS, NOMINATIONS
- Mandates25/03/2022DEMISSIONS, NOMINATIONS
- Registered office18/02/2019SIEGE SOCIAL
- Mandates24/07/2017DEMISSIONS, NOMINATIONS
- Mandates14/07/2016DEMISSIONS, NOMINATIONS
- Mandates15/05/2012DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202515,7 k €↑
- 2024Annual accounts 20246,3 k €↓
- 2023Annual accounts 202328,4 k €↑
- 2022Annual accounts 2022-5,4 k €↓
- 2021Annual accounts 202126 k €↑
- 2020Annual accounts 2020-27,7 k €↓
- 2019Annual accounts 201913,1 k €↑
- 2018Annual accounts 2018-45,1 k €↓
- 2017Annual accounts 2017-26,7 k €↓
- 2016Annual accounts 20167,3 k €↓
- 2015Annual accounts 201531,3 k €↑
- 2014Annual accounts 2014-43,5 k €↓
- 2013Annual accounts 201310,3 k €↓
- 2012Annual accounts 201241,3 k €↑
- 2011Annual accounts 2011-356,9 €↑
- 2010Annual accounts 2010-11,3 k €↓
- 2009Annual accounts 200910,4 k €↑
- 2008Annual accounts 2008-60,3 k €↓
- 2007Annual accounts 200717 k €↑
- 2006Annual accounts 2006-8,8 k €
- 27/10/2005IncorporationPrivate limited company