M.V.T. TRANS
ActiveM.V.T. TRANS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.92M and a net result of €78k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 39% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-3
Solvency60=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.0 in 2024; short-term debt: 43% and cash: 0.5% of total assets), and 64.9% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
35.1%
Return on assets
0.9%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
69 d late
2023
29 d late
2022
18 d late
2021
61 d late
2020
13 d late
2019
68 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.92M▲ 2.8%
2024 · €2.84M
2018: €957k
2019: €1.28M
2020: €1.66M
2021: €1.90M
2022: €2.26M
2023: €2.59M
2024: €2.84M
2018 → 2025
Total assets
€8.31M▲ 3.7%
2024 · €8.02M
2018: €5.82M
2019: €7.42M
2020: €8.91M
2021: €8.97M
2022: €6.89M
2023: €7.97M
2024: €8.02M
2018 → 2025
Net result
€78k▼ 69.3%
2024 · €256k
2018: €242k
2019: €320k
2020: €387k
2021: €236k
2022: €361k
2023: €327k
2024: €256k
2018 → 2025
Working capital
€-59k
2024 · €5k
2018: €-963k
2019: €-802k
2020: €-299k
2021: €-556k
2022: €93k
2023: €300k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.90M-€2.26M▲ 19.0%€2.59M▲ 14.5%€2.84M▲ 9.9%€2.92M▲ 2.8%
Operating result€362k-€544k▲ 50.2%€458k▼ 15.8%€530k▲ 15.7%€288k▼ 45.5%
Net result€236k-€361k▲ 53.1%€327k▼ 9.4%€256k▼ 21.7%€78k▼ 69.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.31M
Fixed assets
€4.79M▲ 12.5%
Current assets
€3.52M▼ 6.3%
Equity and liabilities €8.31M
Equity
€2.92M▲ 2.8%
Provisions
€5k▼ 18.4%
Debt
€5.39M▲ 4.2%
The debt ratio rises from 64.5% to 64.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.52M▼
2024 · €1.57M
Cash flow
€1.31M▲
2024 · €1.29M
Solvency
35.1%▼
2024 · 35.5%
Current ratio
0.98▼
2024 · 1.00
Quick ratio
0.49▼
2024 · 0.60
Debt / equity
1.84▲
2024 · 1.82
ROE
2.7%▼
2024 · 9.0%
ROA
0.9%▼
2024 · 3.2%
Interest coverage
9.69▲
2024 · 8.04
Debt
€5.39M▲
2024 · €5.17M
Debt ≤ 1 year
€3.58M▼
2024 · €3.75M
Debt > 1 year
€1.81M▲
2024 · €1.39M
Income taxes
€56k▼
2024 · €80k
Staff costs
€2.69M▲
2024 · €2.37M
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€8.02M€8.31M▲
Fixed assets21/28€4.26M€4.79M▲
Tangible fixed assets22/27€4.25M€4.79M▲
Plant, machinery and equipment23€343k€226k▼
Furniture and vehicles24€936k€1.20M▲
Leasing and similar rights25€2.96M€3.37M▲
Other tangible fixed assets26€8k€3k▼
Financial fixed assets28€10k€2k▼
Current assets29/58€3.75M€3.52M▼
Stocks and contracts in progress3€1.49M€1.77M▲
Stocks30/36€197k€465k▲
Contracts in progress37€1.30M€1.30M▲
Amounts receivable within one year40/41€2.20M€1.71M▼
Trade receivables40€2.12M€1.59M▼
Other amounts receivable41€73k€120k▲
Cash at bank and in hand54/58€16k€44k▲
Deferred charges and accrued income490/1€46k€420▼
Equity and liabilities
Total equity and liabilities10/49€8.02M€8.31M▲
Equity10/15€2.84M€2.92M▲
Contributions10/11€19k€19k=
Reserves13€2.82M€2.90M▲
Tax-exempt reserves132€153k€150k▼
Distributable reserves133€2.67M€2.75M▲
Provisions and deferred taxes16€6k€5k▼
Deferred taxes168€6k€5k▼
Amounts payable17/49€5.17M€5.39M▲
Amounts payable after more than one year17€1.39M€1.81M▲
Financial debts170/4€1.39M€1.81M▲
Amounts payable within one year42/48€3.75M€3.58M▼
Current portion of amounts payable after more than one year42€892k€944k▲
Financial debts43€839k€353k▼
Credit institutions430/8€839k€353k▼
Trade debts44€1.34M€1.62M▲
Suppliers440/4€1.34M€1.62M▲
Taxes, remuneration and social security45€217k€283k▲
Taxes450/3€77k€86k▲
Remuneration and social security454/9€139k€197k▲
Other amounts payable47/48€459k€373k▼
Accrued charges and deferred income492/3€29k-
Income statement
Code20242025
Remuneration, social security and pensions62€2.37M€2.69M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.04M€1.23M▲
Other operating charges640/8€296k€189k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€4.23M€4.39M▲
Operating profit (loss)9901€530k€288k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€195k€157k▼
Recurring financial charges65€195k€157k▼
Profit (loss) for the period before taxes9903€335k€134k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€80k€56k▼
Profit (loss) for the period9904€256k€78k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€258k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€258k€81k▼
Transfer to equity691/2€258k€81k▼
To other reserves6921€258k€81k▼
Social balance
Average headcount (FTE)908739.342.2▲
The notes to these accounts (16 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €78k ▼69.3%
Net result drops to €78k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 18 days late
2022
31-12
Financial
Equity above €2MEq €2.26M ▲19%
5 profitable years in a row build equity to €2.26M.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €387k ▲20.8%
Net result €387k, the highest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
31-12
Financial
Equity above €1MEq €1.28M ▲33.5%
2 profitable years in a row build equity to €1.28M.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-04-2024
Mathias Vandevoorde: Resigned as Director
20-03-2024
MATTHYS Maria Andrea Raymonda: Resigned as Director
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2007
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.
Zeelaan 119900 EekloGround area
1.1 ha
Building footprint
365 m²
Volume, LiDAR
2,431 m³
Parcel 43005A0749/00L004, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.V.T. TRANS BVBA
since 20072.166.874.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0749/00L004 | Flanders | 1.1 ha | 1 · 365 m² | 7.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 78,446 EUR awarded · 78,395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 677 EUR |
| 2024 | 1 | 1,726 EUR | 4,679 EUR |
| 2023 | 2 | 76,375 EUR | 72,694 EUR |
| 2022 | 1 | 345 EUR | 345 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryM.V.T. TRANS BV41803
Food safety, FASFC
1 siteEeklo2.166.874.882
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
CAYSEELE W.
BE 0455.857.339
Gent · Eq €2.91M
De Bruyne Agro
BE 0597.653.622
Assenede · Eq €2.82M
COSMO
BE 0448.313.610
Dendermonde · Eq €3.05M
DESMYTER ET FILS
BE 0455.628.202
Comines-Warneton · Eq €3.19M
Legros Démolition
BE 0777.373.143
Seraing · Eq €3.19M
Of 1,362 companies in sector 43110 we hold annual accounts for 632. 188 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2007
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.