MAYLOG
ActiveSummary
The computed 12-month bankruptcy probability of MAYLOG is 5.9% (elevated). The 2025 annual accounts show negative equity (€-62k) and a net result of €-50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4654 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-23
Solvency0▼-17
Growth32=
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.74 in 2024; short-term debt: 196.5% and cash: 2.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-96.5%
Return on assets
-78.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
31 d late
2023
30 d late
2022
23 d late
2021
76 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-62k▼ 436%
2024 · €-11k
2021: €12khighest in 5 years
2022: €-3k▼ -127% vs 2021
2023: €-3k▲ +10.4% vs 2022
2024: €-11k▼ -279% vs 2023
2025: €-62k▼ -436% vs 2024lowest in 5 years
2021 → 2025
Total assets
€64k▼ 55.2%
2024 · €143k
2021: €56k
2022: €44k▼ -21.2% vs 2021lowest in 5 years
2023: €77k▲ +74.5% vs 2022
2024: €143k▲ +85.3% vs 2023highest in 5 years
2025: €64k▼ -55.2% vs 2024
2021 → 2025
Net result
€-50k▼ 493%
2024 · €-8k
2021: €2khighest in 5 years
2022: €-16k▼ -747% vs 2021
2023: €-50k▼ -214% vs 2022
2024: €-8k▲ +83.0% vs 2023
2025: €-50k▼ -493% vs 2024lowest in 5 years
2021 → 2025
Working capital
€-81k▼ 105%
2024 · €-40k
2021: €2khighest in 5 years
2022: €-12k▼ -660% vs 2021
2023: €-51k▼ -311% vs 2022
2024: €-40k▲ +21.8% vs 2023
2025: €-81k▼ -105% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€-3k€-3k▲ 10.4%€-11k▼ 279%€-62k▼ 436%
2021: €12khighest in 5 years
2022: €-3k▼ -127% vs 2021
2023: €-3k▲ +10.4% vs 2022
2024: €-11k▼ -279% vs 2023
2025: €-62k▼ -436% vs 2024lowest in 5 years
Operating result€5k-€-14k€-46k▼ 238%€-5k▲ 89.3%€-40k▼ 718%
2021: €5khighest in 5 years
2022: €-14k▼ -375% vs 2021
2023: €-46k▼ -238% vs 2022lowest in 5 years
2024: €-5k▲ +89.3% vs 2023
2025: €-40k▼ -718% vs 2024
Net result€2k-€-16k€-50k▼ 214%€-8k▲ 83.0%€-50k▼ 493%
2021: €2khighest in 5 years
2022: €-16k▼ -747% vs 2021
2023: €-50k▼ -214% vs 2022
2024: €-8k▲ +83.0% vs 2023
2025: €-50k▼ -493% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€19k ▼ 30.5%
Current assets
€44k ▼ 61.3%
Key figures and ratios
EBITDA
€-30k▼
2024 · €5k
Cash flow
€-40k▼
2024 · €2k
Solvency
-96.5%▼
2024 · -8.1%
Current ratio
0.35▼
2024 · 0.74
Debt to equity
-2.04▲
2024 · -13.42
ROA
-78.5%▼
2024 · -5.9%
Interest coverage
-3.01▼
2024 · 1.44
Debt
€125k▼
2024 · €154k
Debt ≤ 1 year
€125k▼
2024 · €154k
Staff costs
€15k▼
2024 · €53k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€143k€64k▼
Fixed assets21/28€28k€19k▼
Tangible fixed assets22/27€18k€9k▼
Furniture and vehicles24€18k€9k▼
Financial fixed assets28€10k€10k=
Current assets29/58€115k€44k▼
Amounts receivable within one year40/41€84k€43k▼
Trade receivables40€23k€30k▲
Other amounts receivable41€62k€12k▼
Cash at bank and in hand54/58€29k€2k▼
Deferred charges and accrued income490/1€701€172▼
Equity and liabilities
Total equity and liabilities10/49€143k€64k▼
Equity10/15€-11k€-62k▼
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-71k€-122k▼
Amounts payable17/49€154k€125k▼
Amounts payable within one year42/48€154k€125k▼
Trade debts44€85k€90k▲
Suppliers440/4€85k€90k▲
Taxes, remuneration and social security45€52k€14k▼
Taxes450/3€43k€10k▼
Remuneration and social security454/9€9k€4k▼
Other amounts payable47/48€17k€22k▲
Income statement
Code20242025
Non-recurring operating income76A€456€5k▲
Remuneration, social security and pensions62€53k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€13k€23k▲
Gross operating margin9900€70k€8k▼
Operating profit (loss)9901€-5k€-40k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€4k€10k▲
Recurring financial charges65€4k€10k▲
Profit (loss) for the period before taxes9903€-8k€-50k▼
Profit (loss) for the period9904€-8k€-50k▼
Profit (loss) for the period to be appropriated9905€-8k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-122k▼
Profit (loss) brought forward from the previous period14P€-63k€-71k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €544 | €456 | €5k | ▲ 950% |
| Remuneration, social security and pensions62 | - | €22k | €38k | €53k | €15k | ▼ 71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €9k | €10k | €10k | ▲ 0.9% |
| Other operating charges640/8 | €600 | €4k | €13k | €13k | €23k | ▲ 79.9% |
| Gross operating margin9900 | €6k | €12k | €14k | €70k | €8k | ▼ 89.1% |
| Operating profit (loss)9901 | €5k | €-14k | €-46k | €-5k | €-40k | ▼ 718% |
| Financial income75/76B | €0 | - | €0 | €0 | €0 | ▼ 75.0% |
| Recurring financial income75 | €0 | - | €0 | €0 | €0 | ▼ 75.0% |
| Financial charges65/66B | €2k | €2k | €4k | €4k | €10k | ▲ 182% |
| Recurring financial charges65 | €2k | €2k | €4k | €4k | €10k | ▲ 182% |
| Profit (loss) for the period before taxes9903 | €3k | €-16k | €-50k | €-8k | €-50k | ▼ 493% |
| Income taxes67/77 | €815 | - | - | - | - | - |
| Profit (loss) for the period9904 | €2k | €-16k | €-50k | €-8k | €-50k | ▼ 493% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-16k | €-50k | €-8k | €-50k | ▼ 493% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56k | €44k | €77k | €143k | €64k | ▼ 55.2% |
| Fixed assets21/28 | €10k | €10k | €49k | €28k | €19k | ▼ 30.5% |
| Tangible fixed assets22/27 | - | - | €38k | €18k | €9k | ▼ 48.0% |
| Furniture and vehicles24 | - | - | €38k | €18k | €9k | ▼ 48.0% |
| Financial fixed assets28 | €10k | €10k | €10k | €10k | €10k | = |
| Current assets29/58 | €46k | €34k | €28k | €115k | €44k | ▼ 61.3% |
| Amounts receivable within one year40/41 | €29k | €21k | €27k | €84k | €43k | ▼ 49.6% |
| Trade receivables40 | €22k | €17k | €19k | €23k | €30k | ▲ 32.6% |
| Other amounts receivable41 | €7k | €5k | €9k | €62k | €12k | ▼ 80.2% |
| Cash at bank and in hand54/58 | €16k | €12k | €356 | €29k | €2k | ▼ 94.3% |
| Deferred charges and accrued income490/1 | - | €942 | €582 | €701 | €172 | ▼ 75.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56k | €44k | €77k | €143k | €64k | ▼ 55.2% |
| Equity10/15 | €12k | €-3k | €-3k | €-11k | €-62k | ▼ 436% |
| Contributions10/11 | €10k | €10k | €60k | €60k | €60k | = |
| Profit (loss) carried forward14 | €2k | €-13k | €-63k | €-71k | €-122k | ▼ 70.1% |
| Amounts payable17/49 | €44k | €47k | €80k | €154k | €125k | ▼ 18.6% |
| Amounts payable within one year42/48 | €44k | €46k | €79k | €154k | €125k | ▼ 18.6% |
| Trade debts44 | €16k | €25k | €51k | €85k | €90k | ▲ 6.3% |
| Suppliers440/4 | €16k | €25k | €51k | €85k | €90k | ▲ 6.3% |
| Taxes, remuneration and social security45 | €14k | €11k | €17k | €52k | €14k | ▼ 73.5% |
| Taxes450/3 | €14k | €10k | €12k | €43k | €10k | ▼ 76.6% |
| Remuneration and social security454/9 | - | €935 | €6k | €9k | €4k | ▼ 58.6% |
| Other amounts payable47/48 | €14k | €10k | €10k | €17k | €22k | ▲ 25.6% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-16k | €-50k | €-8k | €-50k | ▼ 493% |
| + Depreciation and write-downs630 | - | - | €9k | €10k | €10k | ▲ 0.9% |
| Operating cash flow (approximation) | €2k | €-16k | €-40k | €2k | €-40k | ▼ 2,665% |
| Investment in fixed assets (approximation) | - | €0 | €-48k | €11k | €-2k | ▼ 115% |
| Change in cash | - | €-5k | €-11k | €29k | €-28k | ▼ 195% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Bassenge · 1 establishment unit since 2020
Ground area
326 m²
Building footprint
139 m²
Volume, LiDAR
1,323 m³
Parcel 62086A0718/00D000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MAYLOG
since 20202.310.020.158
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62086A0718/00D000 | Wallonia | 326 m² | 1 · 139 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 4,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52100Warehousing and storage
Scores and ratios are computed by Checked and are not a credit decision.