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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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MHGroup from Elsene, company number BE0691913470, closed financial year 2023 with a result of € 178,200 after tax. For that financial year MHGroup recorded a gross margin of € 554,859 and equity of € 323,734. Compared with financial year 2022, the result moved from € 200,552 to € 178,200. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2024.
€ 323,734
▲ 122% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,200
▼ 11% vs 2022
Profit after tax over the fiscal year.
€ 890
▼ 83% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 305,134.
People and assets in 2023
€ 254,489
▼ 24% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,749
▼ 57% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 50,000
Loans from banks and other lenders, long and short.
€ 355,341
▲ 161% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 412,814
▲ 24% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 598,824 | € 622,723 | € 554,859 | ▼ 11% |
| Profit after taxes | € 143,791 | € 200,552 | € 178,200 | ▼ 11% |
| Equity | € 317,023 | € 145,534 | € 323,734 | ▲ 122% |
| Total debts | € 966,229 | € 519,276 | € 819,315 | ▲ 58% |
| Cash | € 41,742 | € 5,233 | € 890 | ▼ 83% |
| Retained profit | € 298,423 | € 126,934 | € 305,134 | ▲ 140% |
| Dividend | € 0 | € 372,041 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 50,000 | € 50,000 | |
| Balance sheet total | € 1,283,252 | € 664,810 | € 1,143,050 | ▲ 72% |
Key figures of MHGroup, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MHGroup?
What happened at MHGroup in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MHGroup is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 178,200 (▼ 11% vs 2022). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,791 profit in 2021 to € 178,200 profit in 2023.
Paid € 211,956 in corporate taxes since 2021.
Best year ever: 2022, with € 200,552 profit.
Paid out € 372,041 in dividends to the owners in total.
A new publication or filing at MHGroup? We notify you, reason included.
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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
Directors
According to the 2023 annual accounts
Abderazak BEN AZOUZ
Director
Establishments
Establishment units
Physical locations of this company
Aarlenstraat 25
1050 Elsene
Magdalenasteenweg 51
1000 Brussel
Active since 4 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →NIELSEN
€ 265,742 gross margin · 2024
GHYSELS, FLAMEY EN EMPEREUR
THE EUROPEAN CHEMICAL TRANSPORT ASSOCIATION
IT LINE
€ 431,063 revenue · 2025
LUND
€ 972,247 gross margin · 2024
+28 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.913.470
- VAT number
- BE 0691.913.470
- Registered office
- Aarlenstraat 25, 1050 Elsene
- Names & denominations
- MHGroup
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 March 2018
- Peppol
- Not registered
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Glaszetten
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Chapewerken
Overige gespecialiseerde bouwwerkzaamheden