Financials
- Fiscal year
- 2025
- Total assets
- €745,195
- Loss
- -€203,223
- Solvency
- -9.3%
Total assets▼ 21.7%
Net result
20182025
M-ASSISTANCE
Judicial reorganisationSummary
The file of M-ASSISTANCE contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. The KBO register records for M-ASSISTANCE the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€68,988) and a net result of -€203,223. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 1147 sector peers (fiscal year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Opened
- 30 January 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260002
- Moratorium until
- 31 August 2026 (passed; an extension would be in a later judgment)
- Creditors' vote
- 12 August 2026
- Delegated judge
- Gert Engelen
- Official Gazette
- 04-02-2026 (pdf) ↗search the document for 2026/104631
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Service activities incidental to land transportation
NACE 52210
1 site
Size
€745,195total assets 2025
- Staff
- 8.8 FTE
- Equity
- -€68,988
- Loss
- -€203,223
Turnover not published (abridged schema)
Financial health
6
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 31 d early0 of 8 deeds read
Why 6- Negative equity- In judicial reorganisationLatest accounts filed on timeShow the evidence
Checked score
Score 2025
6
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
16-23
equity -9.3% of total assets
Liquidity
17-10
short-term debt 81.2% · cash 9.4%
Profitability
0=
return on assets -27.3%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.43 against 0.78 in 2024; short-term debt: 81.2% and cash: 9.4% of total assets), and equity is negative.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€68,988
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
27 d late
2023
6 d late
2022
29 d late
2021
43 d late
2020
27 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- ExtensionOndernemingsrechtbank Antwerpen, afdeling Hasselt ·…
- OpeningOndernemingsrechtbank Antwerpen · collective agreement…
Key points
- Risk: In judicial reorganisationcreditors: see the procedure below 30-01-2026 View
- Risk: Negative equityfiscal year 2025: debts exceed assets -€68,988 View
- Caution: Among the weakest 5% on net resultsector median €10,796 · 1,146 companies -€203,223 View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€203,223 View
- Positive: Result rose in 2025from -€304,951 to -€203,223 ▲ 33.4% View
By topic
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 28-05-2026Extension
- 04-02-2026Opening
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Service activities incidental to land transportationNACE 52210
- Founded
- 23-03-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Service activities incidental to land transportation sector doing?Sector figures
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