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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MHM from Aubel, company number BE0770375483, closed financial year 2025 with a result of € 250,747 after tax. For that financial year MHM recorded a gross margin of € -6,341 and equity of € 489,850. Compared with financial year 2024, the result moved from € 90,231 to € 250,747. 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 May 29, 2026.
€ 489,850
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 250,747
▲ 178% vs 2024
Profit after tax over the fiscal year.
€ 1,765
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 147,500 paid out
59 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 20,837
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 338,800
▼ 26% vs 2024
€ 120,250 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,632
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,242
▲ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37 | € 7,477 | € -5,030 | € -6,341 | ▼ € 1,311 |
| Profit after taxes | € 188,051 | € 130,320 | € 90,231 | € 250,747 | ▲ 178% |
| Equity | € 208,051 | € 338,371 | € 386,602 | € 489,850 | ▲ 27% |
| Total debts | € 664,246 | € 551,119 | € 464,390 | € 345,899 | ▼ 26% |
| Cash | € 72,037 | € 90,409 | € 22,068 | € 1,765 | ▼ 92% |
| Retained profit | € 188,051 | € 318,371 | € 366,602 | € 469,850 | ▲ 28% |
| Dividend | € 0 | € 0 | € 42,000 | € 147,500 | ▲ 251% |
| Bank debt | € 661,048 | € 546,905 | € 458,818 | € 338,800 | ▼ 26% |
| Balance sheet total | € 872,297 | € 889,489 | € 850,992 | € 835,749 | ▼ 2% |
Key figures of MHM, 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 MHM?
What happened at MHM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 250,747 (▲ 178% vs 2024). Source: NBB ↗
- New establishment in Aubel. KBO
- Martin Hennen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 188,051 profit in 2022 to € 250,747 profit in 2025.
Paid € 330 in corporate taxes since 2022.
Best year ever: 2025, with € 250,747 profit.
Paid out € 189,500 in dividends to the owners in total.
Management
Behind MHM is Martin Hennen. It owns 100% of MARTIN HENNEN SRL itself.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Messitert 221
4880 Aubel
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
- 0770.375.483
- VAT number
- BE 0770.375.483
- Registered office
- Messitert 221, 4880 Aubel
- Names & denominations
- MHM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2021
- Peppol
- Active · Active since 22 Jul 2025
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