M & M LOGISTICS
ActiveM & M LOGISTICS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 1307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+5
Solvency76▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.49 in 2023; short-term debt: 48.6% and cash: 20.5% of total assets), and 48.7% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €99k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
92 d late
2022
57 d late
2021
61 d late
2020
92 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€99k▲ 94.4%
2023 · €51k
2018: €-14k
2019: €-2k
2020: €17k
2021: €12k
2022: €20k
2023: €51k
2018 → 2024
Total assets
€193k▲ 29.8%
2023 · €149k
2018: €152k
2019: €179k
2020: €149k
2021: €100k
2022: €104k
2023: €149k
2018 → 2024
Net result
€48k▲ 53.7%
2023 · €31k
2018: €27k
2019: €12k
2020: €19k
2021: €-5k
2022: €7k
2023: €31k
2018 → 2024
Working capital
€97k▲ 103%
2023 · €48k
2018: €-67k
2019: €-34k
2020: €3k
2021: €-11k
2022: €13k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€12k▼ 28.9%€20k▲ 59.7%€51k▲ 159%€99k▲ 94.4%
Operating result€27k-€-4k€12k€46k▲ 294%€69k▲ 51.1%
Net result€19k-€-5k€7k€31k▲ 326%€48k▲ 53.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 51% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193k
Fixed assets
€2k▼ 40.3%
Current assets
€191k▲ 31.3%
Equity and liabilities €193k
Equity
€99k▲ 94.4%
Debt
€94k▼ 3.8%
The debt ratio falls from 65.8% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2023 · €50k
Cash flow
€51k▲
2023 · €35k
Solvency
51.3%▲
2023 · 34.2%
Current ratio
2.04▲
2023 · 1.49
Quick ratio
2.04▲
2023 · 1.49
Debt / equity
0.95▼
2023 · 1.92
ROE
48.6%▼
2023 · 61.4%
ROA
24.9%▲
2023 · 21.0%
Interest coverage
93.89▲
2023 · 62.57
Debt
€94k▼
2023 · €98k
Debt ≤ 1 year
€94k▼
2023 · €98k
Income taxes
€21k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€149k€193k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€547▼
Current assets29/58€145k€191k▲
Amounts receivable after more than one year29€85k€140k▲
Other amounts receivable291€85k€140k▲
Amounts receivable within one year40/41€11k€9k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€45k€39k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€149k€193k▲
Equity10/15€51k€99k▲
Contributions10/11€20k€20k=
Reserves13€31k€79k▲
Distributable reserves133€31k€79k▲
Amounts payable17/49€98k€94k▼
Amounts payable within one year42/48€98k€94k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€8k€13k▲
Other amounts payable47/48€87k€76k▼
Accrued charges and deferred income492/3€140€240▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€829€983▲
Gross operating margin9900€51k€73k▲
Operating profit (loss)9901€46k€69k▲
Financial income75/76B€254€304▲
Recurring financial income75€254€304▲
Financial charges65/66B€794€768▼
Recurring financial charges65€794€768▼
Profit (loss) for the period before taxes9903€45k€69k▲
Income taxes67/77€14k€21k▲
Profit (loss) for the period9904€31k€48k▲
Profit (loss) for the period to be appropriated9905€31k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€48k▲
Profit (loss) brought forward from the previous period14P€-380-
Transfer to equity691/2€31k€48k▲
To other reserves6921€31k€48k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2018net €48k ▲53.7%
Operating result €69k, net result €48k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-5k ▼126%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 134 days late
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, Antwerpen · 2 establishment units since 2000
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.
Schepersveldlei 932180 AntwerpenGround area
1,459 m²
Building footprint
355 m²
Volume, LiDAR
1,891 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Schepersveldlei 93, 2180 Antwerpen
since 20002.115.668.285
M & M LOGISTICS
since 20082.183.788.516
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0142/00D008 | Flanders | 887 m² | 1 · 140 m² | 8.9 m · 2 fl. |
| 11014H0619/00C006 | Flanders | 573 m² | 1 · 215 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JOVABO
BE 0829.429.281
Sint-Niklaas · Eq €99k
BAITAR
BE 0479.619.666
Temse · Eq €97k
GRANEX
BE 0424.870.292
Antwerpen · Eq €96k
LEYBO DAKWERKEN
BE 0778.512.397
Dendermonde · Eq €91k
BREYDEL
BE 0433.877.436
Brugge · Eq €109k
Of 275 companies in sector 52241 we hold annual accounts for 212. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-1999
Fiscal year end31-12
Activities, NACEBEL
52241Warehousing and support activities for transportation
52220Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
63220
63403
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.