M LOGISTIC
ActiveThe computed 12-month bankruptcy probability of M LOGISTIC is 1.6% (moderate). The 2025 annual accounts show equity of €50k and a net result of €1k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 66% of 650 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-6
Solvency79▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.21 in 2024; short-term debt: 20.3% and cash: 2.5% of total assets), and 46.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.7%
Return on assets
1.6%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
59 d early
2023
68 d early
2022
66 d early
2021
109 d early
2020
82 d early
2019
49 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k▼ 80.0%
2024 · €7k
2018: €-16k
2019: €247
2020: €-2k
2021: €-4k
2022: €3k
2023: €6k
2024: €7k
2018 → 2025
Working capital
€16k▲ 203%
2024 · €5k
2018: €38k
2019: €39k
2020: €36k
2021: €32k
2022: €35k
2023: €30k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€35k▲ 9.9%€41k▲ 16.6%€48k▲ 18.2%€50k▲ 3.1%
Operating result€-2k-€4k€9k▲ 139%€9k▲ 5.5%€7k▼ 19.5%
Net result€-4k-€3k€6k▲ 84.2%€7k▲ 27.8%€1k▼ 80.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€57k▼ 24.0%
Current assets
€35k▲ 14.5%
Equity and liabilities €93k
Equity
€50k▲ 3.1%
Debt
€43k▼ 26.0%
The debt ratio falls from 54.6% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €18k
Cash flow
€20k▲
2024 · €16k
Solvency
53.7%▲
2024 · 45.4%
Current ratio
1.87▲
2024 · 1.21
Quick ratio
1.87▲
2024 · 1.21
Debt / equity
0.86▼
2024 · 1.20
ROE
3.0%▼
2024 · 15.4%
ROA
1.6%▼
2024 · 7.0%
Interest coverage
10.73▼
2024 · 11.24
Debt
€43k▼
2024 · €58k
Debt ≤ 1 year
€19k▼
2024 · €25k
Debt > 1 year
€24k▼
2024 · €33k
Income taxes
€4k
Staff costs
€121
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€106k€93k▼
Fixed assets21/28€75k€57k▼
Tangible fixed assets22/27€75k€57k▼
Furniture and vehicles24€75k€57k▼
Financial fixed assets28€40€210▲
Current assets29/58€31k€35k▲
Amounts receivable within one year40/41€20k€33k▲
Trade receivables40€20k€33k▲
Cash at bank and in hand54/58€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€106k€93k▼
Equity10/15€48k€50k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€28k€29k▲
Amounts payable17/49€58k€43k▼
Amounts payable after more than one year17€33k€24k▼
Financial debts170/4€33k€24k▼
Amounts payable within one year42/48€25k€19k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9-€9
Income statement
Code20242025
Remuneration, social security and pensions62-€121
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€18k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€11k€847▼
Gross operating margin9900€31k€30k▼
Operating profit (loss)9901€9k€7k▼
Financial income75/76B-€373
Recurring financial income75-€373
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€7k€5k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€7k€1k▼
Profit (loss) for the period to be appropriated9905€7k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€29k▲
Profit (loss) brought forward from the previous period14P€20k€28k▲
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €7k ▲27.8%
Operating result €9k, net result €7k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 11.82
Current ratio from 2.68 to 11.82; short-term debt falls from €19k to €3k.
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.34
Current ratio from 1.44 to 3.34; short-term debt falls from €88k to €15k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €247
Net result €247 after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vanderperrenstraat 331090 JetteGround area
85 m²
Building footprint
61 m²
Volume, LiDAR
788 m³
Parcel 21464D0077/00G010, Brussels · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
M LOGISTIC
since 20162.254.977.113
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0077/00G010 | Brussels | 85 m² | 1 · 61 m² | 15.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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IMMO ARPI
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Of 3,189 companies in sector 52250 we hold annual accounts for 1,956. 1,149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2016
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.