Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MNH from Brussel, company number BE0870850756, closed financial year 2025 with a result of € 62,226 after tax. For that financial year MNH recorded a gross margin of € 78,841 and equity of € -51,340. Compared with financial year 2024, the result moved from € 15,703 to € 62,226. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ -51,340
▲ € 62,226 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,226
▲ 296% vs 2024
Profit after tax over the fiscal year.
€ 22,083
▲ € 19,181 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -112,840.
People and assets in 2025
€ 11,668
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,172
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,362
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,157
▲ 190% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -548 | € -713 | € 11,097 | € 78,841 | ▲ € 67,744 |
| Profit after taxes | € -919 | € -1,122 | € 15,703 | € 62,226 | ▲ 296% |
| Equity | € -128,147 | € -129,268 | € -113,566 | € -51,340 | ▲ € 62,226 |
| Total debts | € 147,780 | € 148,878 | € 126,769 | € 90,113 | ▼ 29% |
| Cash | € 14,325 | € 18,140 | € 2,901 | € 22,083 | ▲ € 19,181 |
| Retained profit | € -189,647 | € -190,768 | € -175,066 | € -112,840 | ▲ € 62,226 |
| Balance sheet total | € 19,634 | € 19,610 | € 13,204 | € 38,773 | ▲ 194% |
Key figures of MNH, 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 MNH?
What happened at MNH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gaspard Merten stepped down as director. NBB
- MICHEL MERTEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 62,226 (▲ 296% vs 2024). Source: NBB ↗
- Gaspard Merten became a director. NBB
- MICHEL MERTEN became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 919 loss in 2022 to € 62,226 profit in 2025.
Paid € 3,474 in corporate taxes since 2022.
Best year ever: 2025, with € 62,226 profit.
A new publication or filing at MNH? 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 2025 annual accounts
Gaspard Merten
Director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Veronesestraat 10
1000 Brussel
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
- 0870.850.756
- VAT number
- BE 0870.850.756
- Registered office
- Veronesestraat 10, 1000 Brussel
- Names & denominations
- MNH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van video en film, muv bioscoop- en televisiefilms
Overige zakelijke dienstverlening, n.e.g.
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ontwerpen van computerprogramma’s
Maken van geluidsopnamen
Overige zakelijke dienstverlening, neg
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Productie van overige films
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