What does Terrassement M.H. do?

Terrassement M.H. is an earthmoving contractor in Thuin. Private Limited, started on 2 September 2011, 1 establishment.

What is the address of Terrassement M.H.?

The registered office of Terrassement M.H. is located at Rue du Coq d'Aousse(L-F) 8, 6530 Thuin.

Is Terrassement M.H. still active?

Yes. According to the CBE (31 October 2026) Terrassement M.H. is active, legal situation “Normale toestand”, started on 2 September 2011.

Is Terrassement M.H. registered on Peppol?

Yes, Terrassement M.H. is registered on the Peppol network with ID 0208:0838987840.

What is the enterprise number of Terrassement M.H.?

The enterprise number of Terrassement M.H. is BE0838987840.

When was Terrassement M.H. founded?

Terrassement M.H. was founded on 2 September 2011.

Who are the directors of Terrassement M.H.?

According to the 2025 annual accounts, the directors of Terrassement M.H. are: MICHAEL HAUTENNE.

Is Terrassement M.H. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 September 2011; 6 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Terrassement M.H. make in 2025?

Terrassement M.H. recorded a loss after taxes of € 364 in financial year 2025.

What is the revenue of Terrassement M.H.?

In its most recent annual accounts (2025), Terrassement M.H. reported revenue of € 644,154.

Terrassement M.H. (Private Limited) - Thuin

Dossier Terrassement M.H., printed on 31 October 2026 from databakkes.be/en/0838987840/terrassement-m-h. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Terrassement M.H. from Thuin, company number BE0838987840, closed financial year 2025 with a result of € -364 after tax. For that financial year Terrassement M.H. recorded revenue of € 644,154 and equity of € 93,317. Compared with financial year 2024, the result moved from € 56,795 to € -364. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 93,317

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -364

▼ still € 56,795 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 59,486

▲ 42% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 74,717.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 80,733

▲ 9% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 63,190

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 83,400

▼ 23% vs 2024

€ 25,020 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 118,811

▲ 83% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 3,504

▼ 44% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 449,198 Revenue 2022: € 449,198 First fiscal year in the series	-	€ 716,048 Revenue 2024: € 716,048 First fiscal year in the series	€ 644,154 Revenue 2025: € 644,154 ▼ 10% vs 2024 (€ 716,048) Unfavourable step	▼ 10%
Gross margin	€ 62,789 Gross margin 2022: € 62,789 First fiscal year in the series	€ 114,411 Gross margin 2023: € 114,411 ▲ 82% vs 2022 (€ 62,789) Favourable step	€ 176,260 Gross margin 2024: € 176,260 ▲ 54% vs 2023 (€ 114,411) Favourable step	€ 132,886 Gross margin 2025: € 132,886 ▼ 25% vs 2024 (€ 176,260) Unfavourable step	▼ 25%
Profit after taxes	€ 50,800 Profit after taxes 2022: € 50,800 First fiscal year in the series	€ 64,945 Profit after taxes 2023: € 64,945 ▲ 28% vs 2022 (€ 50,800) Favourable step	€ 56,795 Profit after taxes 2024: € 56,795 ▼ 13% vs 2023 (€ 64,945) Unfavourable step	€ -364 Profit after taxes 2025: € -364 ▼ € 57,159 vs 2024 (€ 56,795) Unfavourable step	▼ € 57,159
Equity	€ 51,942 Equity 2022: € 51,942 First fiscal year in the series	€ 76,887 Equity 2023: € 76,887 ▲ 48% vs 2022 (€ 51,942) Favourable step	€ 93,682 Equity 2024: € 93,682 ▲ 22% vs 2023 (€ 76,887) Favourable step	€ 93,317 Equity 2025: € 93,317 Unchanged (€ 93,682) Unfavourable step
Total debts	€ 140,760 Total debts 2022: € 140,760 First fiscal year in the series	€ 178,464 Total debts 2023: € 178,464 ▲ 27% vs 2022 (€ 140,760) Unfavourable step	€ 223,289 Total debts 2024: € 223,289 ▲ 25% vs 2023 (€ 178,464) Unfavourable step	€ 205,714 Total debts 2025: € 205,714 ▼ 8% vs 2024 (€ 223,289) Favourable step	▼ 8%
Cash	€ 58,222 Cash 2022: € 58,222 First fiscal year in the series	€ 78,183 Cash 2023: € 78,183 ▲ 34% vs 2022 (€ 58,222) Favourable step	€ 42,000 Cash 2024: € 42,000 ▼ 46% vs 2023 (€ 78,183) Unfavourable step	€ 59,486 Cash 2025: € 59,486 ▲ 42% vs 2024 (€ 42,000) Favourable step	▲ 42%
Retained profit	€ 33,342 Retained profit 2022: € 33,342 First fiscal year in the series	€ 58,287 Retained profit 2023: € 58,287 ▲ 75% vs 2022 (€ 33,342) Favourable step	€ 75,082 Retained profit 2024: € 75,082 ▲ 29% vs 2023 (€ 58,287) Favourable step	€ 74,717 Retained profit 2025: € 74,717 Unchanged (€ 75,082) Unfavourable step
Dividend	€ 30,000 Dividend 2022: € 30,000 First fiscal year in the series	€ 40,000 Dividend 2023: € 40,000 ▲ 33% vs 2022 (€ 30,000) Unchanged	€ 40,000 Dividend 2024: € 40,000 Unchanged (€ 40,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 40,000) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 108,420 Bank debt 2024: € 108,420 Unchanged (€ 0) Unfavourable step	€ 83,400 Bank debt 2025: € 83,400 ▼ 23% vs 2024 (€ 108,420) Favourable step	▼ 23%
Balance sheet total	€ 192,702 Balance sheet total 2022: € 192,702 First fiscal year in the series	€ 255,350 Balance sheet total 2023: € 255,350 ▲ 33% vs 2022 (€ 192,702) Unchanged	€ 316,970 Balance sheet total 2024: € 316,970 ▲ 24% vs 2023 (€ 255,350) Unchanged	€ 299,031 Balance sheet total 2025: € 299,031 ▼ 6% vs 2024 (€ 316,970) Unchanged	▼ 6%

Key figures of Terrassement M.H., 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 Terrassement M.H.?

What happened at Terrassement M.H. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 364 (▼ € 57,159 vs 2024). filed late Source: NBB ↗
May 2, 2017 New establishment in Courcelles. KBO
Sep 2, 2011 Start of the company according to the CBE. KBO

In short

From € 50,800 profit in 2022 to € 364 loss in 2025.

Paid € 20,319 in corporate taxes since 2022.

Best year ever: 2023, with € 64,945 profit.

Paid out € 110,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MICHAEL HAUTENNE

Terrassement M.H.

Behind Terrassement M.H. is MICHAEL HAUTENNE.

Directors

According to the 2025 annual accounts

MICHAEL HAUTENNE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Coq d'Aousse(L-F) 8

6530 Thuin

2.263.762.838

Rue des Déportés(CO) 7A

6180 Courcelles

Active since 2 May 2017

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0838.987.840

VAT number

BE 0838.987.840

Registered office

Rue du Coq d'Aousse(L-F) 8, 6530 Thuin

Names & denominations

Terrassement M.H.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 September 2011

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Bouwrijp maken van terreinen

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Proefboren en boren

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

Terrassement M.H.

Financials

What happened to Terrassement M.H.?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions