Financials
Financial year 2025
MH FINANCE from Gent, company number BE1007164955, closed financial year 2025 with a result of € 32,119 after tax. For that financial year MH FINANCE recorded a gross margin of € 43,375 and equity of € 38,869. Compared with financial year 2024, the result moved from € 1,750 to € 32,119. 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 October 23, 2026.
€ 38,869
▲ € 32,119 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,119
▲ € 30,369 vs 2024
Profit after tax over the fiscal year.
€ 22,581
▲ € 22,424 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 € 33,869.
People and assets in 2025
€ 9,308
▲ € 7,109 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,700
▼ 38% vs 2024
€ 3,087 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 181
Supplier invoices still open on the last day of the fiscal year.
€ 15,939
▲ € 15,517 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 3,446 | € 43,375 | ▲ € 39,930 |
| Profit after taxes | € 1,750 | € 32,119 | ▲ € 30,369 |
| Equity | € 6,750 | € 38,869 | ▲ € 32,119 |
| Total debts | € 23,549 | € 20,967 | ▼ 11% |
| Cash | € 157 | € 22,581 | ▲ € 22,424 |
| Retained profit | € 1,750 | € 33,869 | ▲ € 32,119 |
| Bank debt | € 7,609 | € 4,700 | ▼ 38% |
| Balance sheet total | € 30,299 | € 59,836 | ▲ 97% |
Key figures of MH FINANCE, fiscal years 2024 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 MH FINANCE?
What happened at MH FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,119 (▲ € 30,369 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Harun Gok became a director. NBB
- Murat Bagseven became a director. NBB
In short
From € 1,750 profit in 2024 to € 32,119 profit in 2025.
Paid € 8,439 in corporate taxes since 2024.
Best year ever: 2025, with € 32,119 profit.
Management
Behind MH FINANCE are Harun Gok and Murat Bagseven. Harun Gok is also behind GRAPHQL VISUALIZER.
Directors
According to the 2025 annual accounts
since 2024
Murat Bagseven
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Frans van Ryhovelaan 121
9000 Gent
Frans van Ryhovelaan 121-123
9000 Gent
Active since 15 March 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Hostinger Mail
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BAGSEVEN Murat(oprichter) 50%
- GÖK Harun(oprichter) 50%
Details
- Company number
- 1007.164.955
- VAT number
- BE 1007.164.955
- Registered office
- Frans van Ryhovelaan 121, 9000 Gent
- Names & denominations
- MH FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2024
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- finansio.be