Financials
Financial year 2025
MH Isolation et Immo from Liège, company number BE0639810812, closed financial year 2025 with a result of € 15,556 after tax. For that financial year MH Isolation et Immo recorded a gross margin of € 40,674 and equity of € 78,059. Compared with financial year 2024, the result moved from € 5,264 to € 15,556. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 78,059
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,556
▲ 196% vs 2024
Profit after tax over the fiscal year.
€ 14,676
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 65,659.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,638
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,830
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 1,683
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,500
▲ 183% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,782 | € 71,654 | € 28,460 | € 40,674 | ▲ 43% |
| Profit after taxes | € 21,612 | € 20,947 | € 5,264 | € 15,556 | ▲ 196% |
| Equity | € 50,578 | € 71,525 | € 62,504 | € 78,059 | ▲ 25% |
| Total debts | € 123,955 | € 75,686 | € 51,093 | € 19,046 | ▼ 63% |
| Cash | € 41,429 | € 14,028 | € 15,528 | € 14,676 | ▼ 5% |
| Land & buildings | € 89,053 | € 84,175 | € 79,297 | € 74,321 | ▼ 6% |
| Retained profit | € 38,178 | € 59,125 | € 50,104 | € 65,659 | ▲ 31% |
| Dividend | € 0 | € 0 | € 14,286 | € 0 | ▼ 100% |
| Bank debt | € 54,455 | € 38,877 | € 23,006 | € 6,830 | ▼ 70% |
| Balance sheet total | € 174,533 | € 147,212 | € 113,596 | € 97,105 | ▼ 15% |
Key figures of MH Isolation et Immo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MH Isolation et Immo?
What happened at MH Isolation et Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,556 (▲ 196% vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- Michael MORS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 21,612 profit in 2022 to € 15,556 profit in 2025.
Paid € 32,430 in corporate taxes since 2022.
Best year ever: 2022, with € 21,612 profit.
Paid out € 14,286 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MH Isolation et Immo is Michael MORS. Michael MORS is also behind LA FRITE ARDENTE.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Rue d'Elmer 14B
4020 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0639.810.812
- VAT number
- BE 0639.810.812
- Registered office
- Rue d'Elmer 14B, 4020 Liège
- Names & denominations
- MH Isolation et Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2015
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Overige bouwinstallatie
Installatie van isolatie
Overige bouwinstallatie, n.e.g.
Isolatiewerkzaamheden