Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MRH from Landen, company number BE0642606588, closed financial year 2025 with a result of € 9,619 after tax. For that financial year MRH recorded a gross margin of € 25,551 and equity of € 50,999. Compared with financial year 2024, the result moved from € 4,381 to € 9,619. 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 July 28, 2026.
€ 50,999
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,619
▲ 120% vs 2024
Profit after tax over the fiscal year.
€ 8,420
▲ 3% 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 € 44,799.
People and assets in 2025
€ 25,950
▲ € 21,295 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,620
▲ € 15,415 vs 2024
€ 3,323 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 21,052
▲ € 17,312 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,211
▲ 182% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,897 | € 14,449 | € 15,993 | € 25,551 | ▲ 60% |
| Profit after taxes | € 447 | € 1,230 | € 4,381 | € 9,619 | ▲ 120% |
| Equity | € 35,768 | € 36,998 | € 41,380 | € 50,999 | ▲ 23% |
| Total debts | € 9,340 | € 29,532 | € 30,251 | € 77,594 | ▲ 157% |
| Cash | € 13,372 | € 9,515 | € 8,149 | € 8,420 | ▲ 3% |
| Land & buildings | € 6,454 | € 5,658 | € 4,862 | € 4,066 | ▼ 16% |
| Retained profit | € 29,568 | € 30,798 | € 35,180 | € 44,799 | ▲ 27% |
| Bank debt | € 6,220 | € 4,221 | € 2,205 | € 17,620 | ▲ € 15,415 |
| Balance sheet total | € 45,108 | € 66,530 | € 71,630 | € 128,592 | ▲ 80% |
Key figures of MRH, 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 MRH?
What happened at MRH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,619 (▲ 120% vs 2024). Source: NBB ↗
- New establishment in Landen. KBO
- Start of the company according to the CBE. KBO
In short
From € 447 profit in 2022 to € 9,619 profit in 2025.
Paid € 277 in corporate taxes since 2022.
Best year ever: 2025, with € 9,619 profit.
Management
Behind MRH are Harmeet Singh, Singh Garewal Narwinder and Manpreet Singh.
Directors
According to the 2025 annual accounts
Harmeet Singh
Director
Singh Garewal Narwinder
Associate
Manpreet Singh
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 20
3400 Landen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0642.606.588
- VAT number
- BE 0642.606.588
- Registered office
- Kerkstraat 20, 3400 Landen
- Names & denominations
- MRH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2015
- Peppol
- Active · Active since 18 Dec 2024
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)