M.N. EXPRESS
Bankruptcy closedInactive since 10-06-2026; last annual accounts for fiscal year 2024.
Summary
M.N. EXPRESS was declared bankrupt on 08-09-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 02-06-2026, published in the Belgian State Gazette on 16-06-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920212224
2018 to 2024 · latest year €-28k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2022
15 d late
2021
7 d early
2020
22 d late
2019
86 d late
2018
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€131k▼ 46.3%
2021 · €243k
2018: €229k
2019: €214k
2020: €187k
2021: €243k
2018 → 2022
EBIT margin
-19.4%▼ 30.8pp
2021 · 11.3%
2018: -2.0%
2019: 0.0%
2020: 0.6%
2021: 11.3%
2018 → 2022
Net result
€-8k▲ 76.1%
2022 · €-34k
2018: €-8k
2019: €-3k
2020: €-962
2021: €24k
2022: €-34k
2018 → 2024
Working capital
€-28k▼ 27.6%
2022 · €-22k
2018: €-24k
2019: €-19k
2020: €-17k
2021: €3k
2022: €-22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Turnover€214k-€187k▼ 12.6%€243k▲ 30.1%€131k▼ 46.3%
Equity€-2k-€-3k▼ 60.8%€21k€-13k€-28k▼ 112%
Operating result€9-€1k▲ 12,645%€28k▲ 2,311%€-25k€-8k▲ 67.7%
Net result€-3k-€-962▲ 65.9%€24k€-34k€-8k▲ 76.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-8k in 2024, compared with €-25k in 2022. Comparable figures for the intervening years are unavailable.
Key figures and ratios
EBITDA
€-4k▲
2022 · €-16k
Cash flow
€-4k▲
2022 · €-25k
Debt
€30k▼
2022 · €48k
Debt ≤ 1 year
€30k▼
2022 · €48k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 38 lines
Balance sheet
Code20222024
Assets
Total assets20/58€35k€2k▼
Fixed assets21/28€9k-
Tangible fixed assets22/27€9k-
Plant, machinery and equipment23€220-
Furniture and vehicles24€9k-
Current assets29/58€26k€2k▼
Amounts receivable within one year40/41€15k€1k▼
Trade receivables40€14k-
Other amounts receivable41€635€1k▲
Cash at bank and in hand54/58€12k€436▼
Deferred charges and accrued income490/1-€115
Equity and liabilities
Total equity and liabilities10/49€35k€2k▼
Equity10/15€-13k€-28k▼
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€-34k€-48k▼
Amounts payable17/49€48k€30k▼
Amounts payable within one year42/48€48k€30k▼
Trade debts44€6k-
Suppliers440/4€6k-
Other amounts payable47/48€42k€30k▼
Income statement
Code20222024
Turnover70€131k-
Goods, raw materials, services and sundry goods60/61€145k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€4k▼
Other operating charges640/8€842€469▼
Gross operating margin9900€-15k€-4k▲
Operating profit (loss)9901€-25k€-8k▲
Financial charges65/66B€2k-
Recurring financial charges65€95-
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€-27k€-8k▲
Income taxes67/77€7k-
Profit (loss) for the period9904€-34k€-8k▲
Profit (loss) for the period to be appropriated9905€-34k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-48k▼
Profit (loss) brought forward from the previous period14P€716€-40k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL M.N. EXPRESS RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 8 septembre 2025 · event 02-06-2026
2025
12-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL M.N. EXPRESS RUE DE LA COLONNE 1A, 1080 MOLENBEEK-SAINT-JEAN · event 08-09-2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
31-12
Financial
Weakest financial yearnet €-34k ▼245%
Net result drops to €-34k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 86 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
19-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 19 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
09-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek
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.
Kolomstraat 1A1080 Sint-Jans-MolenbeekGround area
2,442 m²
Building footprint
406 m²
Volume, LiDAR
3,423 m³
Parcel 21522B0623/00L000, Brussels · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
08-09-2025 → 02-06-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.