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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BHINVEST from Brussel, company number BE0842407584, closed financial year 2025 with a result of € -2 million after tax. For that financial year BHINVEST recorded a gross margin of € 2.5 million and equity of € 498,591. Compared with financial year 2024, the result moved from € -4 million to € -2 million. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 498,591
▲ € 3.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 56,452
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18 million.
People and assets in 2025
€ 29,205
▼ 17% 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.
Debts at end 2025
€ 7.4 million
▼ 31% vs 2024
€ 360,237 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 189,217
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,938
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -51,485 | € -168,131 | € 340,197 | € 2,521,503 | ▲ € 2.2 million |
| Profit after taxes | € -2,528,809 | € -3,365,265 | € -4,048,469 | € -1,960,507 | ▲ € 2.1 million |
| Equity | € 4,559,269 | € 1,168,004 | € -2,906,465 | € 498,591 | ▲ € 3.4 million |
| Total debts | € 28,536,563 | € 37,155,349 | € 39,268,853 | € 41,502,078 | ▲ 6% |
| Cash | € 226,582 | € 65,519 | € 41,906 | € 56,452 | ▲ 35% |
| Land & buildings | € 20,192,565 | € 23,447,005 | € 22,761,751 | € 25,007,846 | ▲ 10% |
| Retained profit | € -9,739,966 | € -12,840,398 | € -16,888,867 | € -18,022,846 | ▼ € 1.1 million |
| Bank debt | € 11,069,887 | € 11,000,000 | € 10,744,519 | € 7,403,412 | ▼ 31% |
| Balance sheet total | € 33,095,833 | € 38,323,354 | € 36,362,389 | € 42,000,669 | ▲ 16% |
Key figures of BHINVEST, 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 BHINVEST?
What happened at BHINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2 million. filed late Source: NBB ↗
- Mehdi Benzine became a director. NBB
- Amit Mor became a director. NBB
- Michaël Barmoshe became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- New establishment in Sint-Gillis (bij-Brussel). KBO
In short
From € 2.5 million loss in 2022 to € 2 million loss in 2025.
Management
Behind BHINVEST are Mehdi Benzine, Amit Mor and Michaël Barmoshe. The same people are also behind Etablissements Kulche - Machines, LIMEINVEST, Hbi Property Holding and Hbi Operation Holding. Mehdi Benzine is also behind FETNAT, JMF INVEST, BH Holding, SKYPOINT and HOTEL CHAMBON. Amit Mor is also behind USTEL, Hygge Hotel, DIEGEM BUILDING and HOTEL DIEGEM. Michaël Barmoshe is also behind USTEL, FETNAT, BH Holding, a&o hostel and hotel Bruxelles and MEDITERRANEO BRUSSELS.
Directors
According to the 2025 annual accounts
Mehdi Benzine
Managing director
Also active at: Etablissements Kulche - Machines, LIMEINVEST, FETNAT, JMF INVEST, BH Holding, SKYPOINT, HOTEL CHAMBON, BMH +10 more
since 2024
Amit Mor
Director
Also active at: Etablissements Kulche - Machines, LIMEINVEST, USTEL, Hygge Hotel, Hbi Property Holding, Hbi Operation Holding, DIEGEM BUILDING, HOTEL DIEGEM
since 2024
Michaël Barmoshe
Managing director
Also active at: Etablissements Kulche - Machines, LIMEINVEST, USTEL, FETNAT, BH Holding, a&o hostel and hotel Bruxelles, MEDITERRANEO BRUSSELS, ROSHIER +10 more
since 2024
Establishments
Establishment units
Physical locations of this company
Goedheidsstraat 5
1000 Brussel
Capouilletstraat 50 box 28
1060 Sint-Gillis (bij-Brussel)
Active since 29 December 2011
Antwerpselaan 32
1000 Brussel
Active since 16 January 2015
Wolvengracht 46
1000 Brussel
Active since 12 June 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →WILHELM et Co
€ 687,805 gross margin · 2025
Europa Nostra Belgium
AAA BUREAU SERVICE
€ -5,126 gross margin · 2025
LA BRUYERE
€ -60,972 gross margin · 2025
KEREN PROPERTIES AND DEVELOPMENT
€ 788,938 gross margin · 2025
+20 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
- 0842.407.584
- VAT number
- BE 0842.407.584
- Registered office
- Goedheidsstraat 5, 1000 Brussel
- Names & denominations
- BHINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2012
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren