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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MHTechnics from Beveren-Kruibeke-Zwijndrecht, company number BE0739969547, closed financial year 2025 with a result of € 5,550 after tax. For that financial year MHTechnics recorded a gross margin of € 173,379 and equity of € 139,819. Compared with financial year 2024, the result moved from € 43,181 to € 5,550. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 139,819
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,550
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 17,710
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46,070 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.7
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 74,255
▲ 10% vs 2024
€ 43,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,947
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 825,982
▲ 23% vs 2024
€ 21,893 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 259,126
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,077
▼ 23% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,107 | € 151,905 | € 167,692 | € 173,379 | ▲ 3% |
| Profit after taxes | € 15,524 | € 46,141 | € 43,181 | € 5,550 | ▼ 87% |
| Equity | € 91,017 | € 137,157 | € 180,338 | € 139,819 | ▼ 22% |
| Total debts | € 244,745 | € 359,276 | € 878,771 | € 1,145,620 | ▲ 30% |
| Cash | € 37,823 | € 43,515 | € 13,294 | € 17,710 | ▲ 33% |
| Land & buildings | € 3,848 | € 3,411 | € 637,358 | € 834,678 | ▲ 31% |
| Retained profit | € 85,017 | € 131,157 | € 174,338 | € 133,819 | ▼ 23% |
| Dividend | € 0 | € 0 | € 0 | € 46,070 | |
| Bank debt | € 146,222 | € 129,995 | € 671,490 | € 825,982 | ▲ 23% |
| Balance sheet total | € 335,762 | € 496,433 | € 1,059,109 | € 1,285,439 | ▲ 21% |
| Employees (FTE) | - | - | 1.5 | 1.7 | ▲ 0.2 |
Key figures of MHTechnics, 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 MHTechnics?
What happened at MHTechnics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,550 (▼ 87% vs 2024). filed late Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,524 profit in 2022 to € 5,550 profit in 2025.
Paid € 42,361 in corporate taxes since 2022.
Best year ever: 2023, with € 46,141 profit.
On average € 102,000 of value added per employee in 2025.
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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 MHTechnics is Mathias Heyndrickx.
Directors
According to the 2025 annual accounts
Mathias Heyndrickx
Director
Establishments
Establishment units
Physical locations of this company
Lindenlaan(BEV) 244
9120 Beveren-Kruibeke-Zwijndrecht
Edgard Tinelstraat(BEV) 4
9120 Beveren-Kruibeke-Zwijndrecht
Active since 23 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.969.547
- VAT number
- BE 0739.969.547
- Registered office
- Lindenlaan(BEV) 244, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- MHTechnics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige bouwinstallatie
Schrijnwerk
Detailhandel in verlichtingsartikelen
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
Overige bouwinstallatie, n.e.g.
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