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M.L.A.A. Group
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of M.L.A.A. Group is 6.9% (elevated). The annual accounts of M.L.A.A. Group for financial year 2025 show a net loss of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €885 and a net result of -€7,261. Its solvency ranks better than 16% of 5,868 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 08-02-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Wulfsberge 29, 8380 Brugge
- Activity
- Non-scheduled passenger transport by road NACE 49320and 2 others
- Establishment unit
- 2.355.500.389 8380 Brugge, since 08-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 6.9%
Annual accounts 2025
- Gross margin
- €26,900
- ▲ 140%
- Turnover
- ≈ €79,000
- estimated
- Loss
- €7,261
- Equity
- €885
- ▼ 89.1%
- Total assets
- €51,658
- ▲ 125%
- Staff
- ≈ 0.6 FTE
- estimated
2025 accounts 31 days early
Filed on 30-06-2026at the National Bank
Why 33raises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)1 change of registered office in 24 monthsRestart patternlowers riskFigures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
Score 2025
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 15% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Weak
Solvency
27-33
equity 1.7% of total assets
Liquidity
29-1
short-term debt 46.0% · cash 1.1%
Profitability
1-71
return on assets -14.1%
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 3.6%
04-2025: 3.7%▲ +0.1 percentage points vs 03-2025
05-2025: 3.8%▲ +0.1 percentage points vs 04-2025
06-2025: 4.2%▲ +0.4 percentage points vs 05-2025
07-2025: 4.2%● unchanged vs 06-2025
08-2025: 3.2%▼ -1.0 percentage point vs 07-2025lowest value
09-2025: 3.4%▲ +0.2 percentage points vs 08-2025
10-2025: 3.4%● unchanged vs 09-2025
11-2025: 3.3%▼ -0.1 percentage points vs 10-2025
12-2025: 3.2%▼ -0.1 percentage points vs 11-2025
01-2026: 3.5%▲ +0.3 percentage points vs 12-2025
02-2026: 3.6%▲ +0.1 percentage points vs 01-2026
03-2026: 3.7%▲ +0.1 percentage points vs 02-2026
04-2026: 3.8%▲ +0.1 percentage points vs 03-2026
05-2026: 3.9%▲ +0.1 percentage points vs 04-2026
06-2026: 3.9%● unchanged vs 05-2026
07-2026: 4.1%▲ +0.2 percentage points vs 06-2026
08-2026: 3.8%▼ -0.3 percentage points vs 07-2026
09-2026: 3.9%▲ +0.1 percentage points vs 08-2026
10-2026: 6.9%▲ +3.0 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.69, compared with 1.0 in 2024, below 1; short-term debt: 46% and cash: 1.1% of total assets), and 98.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 16% on solvency, 26% on liquidity, 12% on profitability and 7% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5868 sector peers (2025).
NBB · sector comparisonPosition among 5868 sector peers
Solvency
better than 16%
← weakest
strongest →
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 · 2 filingsDeviation from the deadline
2025
31 days early
2024
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 17 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- FoundedThis companystart date 08-02-2024
This company was founded 10 months before the bankruptcy of Ribbon Group. AZIZI, Ahmad sat on both boards.
- AZIZI, Ahmad director of both
- Similar name
A pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. We show only facts from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB; the same name in two sets of accounts is not necessarily the same person. What they mean calls for your own inquiry.
Key points
- Caution: Among the weakest 17% on solvencysector median 37.8% · 5,868 companies 1.7% View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-06-2026
- Annual accounts 2024filed on 28-07-2025
Acts in the Belgian Official Gazette
- Registered officeact of 08-10-2026
- Capital & shares · Resignations & appointmentsact of 28-11-2024
- Capital & shares · Resignations & appointmentsact of 12-11-2024
- Incorporationact of 12-02-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about M.L.A.A. Group
- What is the company number of M.L.A.A. Group?
- 1005.772.016. In Belgium the VAT number is the company number with BE in front: BE 1005.772.016.
- Where is M.L.A.A. Group based?
- The registered office is at Wulfsberge 29, 8380 Brugge.Company details
- What does M.L.A.A. Group do?
- According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
- What is the legal form of M.L.A.A. Group?
- Private limited company (BV).
- When was M.L.A.A. Group founded?
- On 08-02-2024.
- Is M.L.A.A. Group still active?
- Yes, M.L.A.A. Group is an active enterprise in the KBO register.
- What is the turnover of M.L.A.A. Group?
- ≈ €79,000 in financial year 2025. Estimated from the gross margin of €26,900: probably between €55,000 and €93,000, based on 58 comparable companies, NACE 493. In financial year 2024 turnover was €87,546.Financials
- Is M.L.A.A. Group profitable?
- In financial year 2025, M.L.A.A. Group made a loss of €7,261.
- Where can I find the annual accounts of M.L.A.A. Group?
- M.L.A.A. Group filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of M.L.A.A. Group due?
- By 31-07-2027, for financial year 2026.Timeline
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