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MCT LOGISTICS

Active
Private limited companyfounded 2019active for 7 yearsAllée Des Ormes(Jod.) 6, 1370 Jodoigne, BelgiumKBO/BCE: BE 0734.987.113

Financials · financial year 2025, micro format

2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00379422.

Annual accounts 2025 filed on 03-08-2026 at the NBB all 6 filings

Turnover
≈ €120,000
Estimated: probably between €87,000 and €170,000
Total assets
€67,205▼ 28.2%
2024 · €93,642
Net result
€21,863
2024 · -€14,642
Working capital
€21,951
2024 · -€16,124
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is a profit of €20,219, after a loss of €11,255 in 2024. It is the highest result since 2021.

Operating result€20,219 2025 Net result€21,863 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€13,674-€18,660▲ 36.5%-€3,897-€8,310▼ 113%-€11,255▼ 35.4%€20,219
Net result€10,671within the sector's middle half-€14,733within the sector's middle half▲ 38.1%-€5,533below the sector's middle half-€14,323below the sector's middle half▼ 159%-€14,642below the sector's middle half▼ 2.2%€21,863within the sector's middle half
Equity€30,671within the sector's middle half-€45,405within the sector's middle half▲ 48.0%€39,872within the sector's middle half▼ 12.2%€25,549within the sector's middle half▼ 35.9%€10,907within the sector's middle half▼ 57.3%€32,770within the sector's middle half▲ 200%
Total assets€45,609within the sector's middle half-€64,786within the sector's middle half▲ 42.0%€109,246within the sector's middle half▲ 68.6%€147,110within the sector's middle half▲ 34.7%€93,642within the sector's middle half▼ 36.3%€67,205within the sector's middle half▼ 28.2%
Debt€14,938-€19,382▲ 29.7%€69,374▲ 258%€121,561▲ 75.2%€82,734▼ 31.9%€34,435▼ 58.4%
Working capital€29,200within the sector's middle half-€24,677within the sector's middle half▼ 15.5%-€5,245within the sector's middle half-€194within the sector's middle half▲ 96.3%-€16,124below the sector's middle half▼ 8,220%€21,951within the sector's middle half
Solvency67.2%above the sector's middle half-70.1%above the sector's middle half▲ 2.8pp36.5%within the sector's middle half▼ 33.6pp17.4%within the sector's middle half▼ 19.1pp11.6%below the sector's middle half▼ 5.7pp48.8%within the sector's middle half▲ 37.1pp
Current ratio2.95above the sector's middle half-2.27within the sector's middle half▼ 0.680.92within the sector's middle half▼ 1.351.00within the sector's middle half▲ 0.070.71below the sector's middle half▼ 0.291.80within the sector's middle half▲ 1.09
Return on assets (ROA)23.4%above the sector's middle half-22.7%above the sector's middle half▼ 0.7pp-5.1%below the sector's middle half▼ 27.8pp-9.7%below the sector's middle half▼ 4.7pp-15.6%below the sector's middle half▼ 5.9pp32.5%above the sector's middle half▲ 48.2pp
above within below The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67,205
Fixed assets €17,893 ▼ 67.1%
Current assets €49,311 ▲ 25.4%
Equity and liabilities €67,205
Equity €32,770 ▲ 200%
Debt €34,435 ▼ 58.4%
Debt's share of the balance-sheet total falls from 88.4% to 51.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,608▲
2024 · €26,096
Cash flow
€33,251▲
2024 · €22,710
Debt to equity
1.05▼
2024 · 7.59
ROE
66.7%▲
2024 · -134.2%
Interest coverage
15.49▲
2024 · 7.49
Debt ≤ 1 year
€27,360▼
2024 · €55,455
Debt > 1 year
€7,075▼
2024 · €27,279
Income taxes
-€3,683
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as MCT LOGISTICS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €65,800 and €78,000, founded between 2018 and 2020.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
MCT LOGISTICS Jodoigne2019€67,205€32,770€33,573€21,8632025
WELLNESS GROUP Sint-Pieters-Leeuw2019€66,336€42,606€33,419€24,2792024
Evertrans Kapellen2019€65,778€40,987€34,553-€1,4012025
VIKTOR Schaarbeek2020€74,405€39,730€34,159€16,8122024
SKYLINE LOGISTICS & CONSULTING Machelen (Brab.)2020€75,817€39,079€28,965€5,3022025
DURAN COMPANY Kampenhout2018€70,846€26,050€31,191€3,9332025
Bogaerts Tom Algemene werken Lommel2019€78,001-€438€39,924€6,2932025

They were chosen from the 7,773 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as MCT LOGISTICS has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MCT LOGISTICS itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for MCT LOGISTICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 at the NBB, filed on 03-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€93,642€67,205▼
Fixed assets21/28€54,311€17,893▼
Tangible fixed assets22/27€49,176€12,758▼
Furniture and vehicles24€19,867€10,311▼
Leasing and similar rights25€26,029-
Other tangible fixed assets26€3,280€2,448▼
Financial fixed assets28€5,135€5,135=
Current assets29/58€39,331€49,311▲
Amounts receivable within one year40/41€3,426€12,530▲
Trade receivables40€3,419€12,524▲
Other amounts receivable41€7€7=
Cash at bank and in hand54/58€34,221€36,781▲
Deferred charges and accrued income490/1€1,683-
Equity and liabilities
Total equity and liabilities10/49€93,642€67,205▼
Equity10/15€10,907€32,770▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€9,093€12,770▲
Amounts payable17/49€82,734€34,435▼
Amounts payable after more than one year17€27,279€7,075▼
Trade debts175€27,279€7,075▼
Amounts payable within one year42/48€55,455€27,360▼
Current portion of amounts payable after more than one year42€24,896€20,703▼
Trade debts44€20,171€501▼
Suppliers440/4€20,171€501▼
Taxes, remuneration and social security45€8,492€3,827▼
Taxes450/3€8,492€3,827▼
Other amounts payable47/48€1,896€2,329▲
Income statement Code20242025
Remuneration, social security and pensions62€39,879-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,352€11,389▼
Other operating charges640/8€1,049€1,966▲
Gross operating margin9900€67,025€33,573▼
Operating profit (loss)9901-€11,255€20,219▲
Financial income75/76B€97-
Recurring financial income75€97-
Financial charges65/66B€3,484€2,040▼
Recurring financial charges65€3,484€2,040▼
Profit (loss) for the period before taxes9903-€14,642€18,179▲
Income taxes67/77--€3,683
Profit (loss) for the period9904-€14,642€21,863▲
Profit (loss) for the period to be appropriated9905-€14,642€21,863▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,093€12,770▲
Profit (loss) brought forward from the previous period14P€5,549-€9,093▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202020212022202320242025Change
Remuneration, social security and pensions62-€10,808€35,746€44,247€39,879--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19€1,439€2,564€38,558€37,352€11,389▼ 69.5%
Other operating charges640/8--€2,523€1,573€1,049€1,966▲ 87.3%
Gross operating margin9900€13,761€30,907€36,936€76,068€67,025€33,573▼ 49.9%
Operating profit (loss)9901€13,674€18,660-€3,897-€8,310-€11,255€20,219-
Financial income75/76B--€0€0€97--
Recurring financial income75--€0€0€97--
Financial charges65/66B-€244€1,594€2,330€3,484€2,040▼ 41.4%
Recurring financial charges65€700€244€1,594€2,330€3,484€2,040▼ 41.4%
Profit (loss) for the period before taxes9903€12,974€18,417-€5,491-€10,640-€14,642€18,179-
Income taxes67/77€2,302€3,683€42€3,683--€3,683-
Profit (loss) for the period9904€10,671€14,733-€5,533-€14,323-€14,642€21,863-
Profit (loss) for the period to be appropriated9905€10,671€14,733-€5,533-€14,323-€14,642€21,863-
Line202020212022202320242025Change
Assets
Total assets20/58€45,609€64,786€109,246€147,110€93,642€67,205▼ 28.2%
Fixed assets21/28€1,472€20,728€45,117€90,086€54,311€17,893▼ 67.1%
Tangible fixed assets22/27€1,337€15,375€39,982€84,951€49,176€12,758▼ 74.1%
Furniture and vehicles24-€13,418€35,039€29,209€19,867€10,311▼ 48.1%
Leasing and similar rights25---€51,631€26,029--
Other tangible fixed assets26-€1,957€4,943€4,111€3,280€2,448▼ 25.4%
Financial fixed assets28€135€5,353€5,135€5,135€5,135€5,135=
Current assets29/58€44,138€44,058€64,130€57,025€39,331€49,311▲ 25.4%
Amounts receivable within one year40/41-€2,450€33,077€30,918€3,426€12,530▲ 266%
Trade receivables40-€2,450€33,077€30,918€3,419€12,524▲ 266%
Other amounts receivable41----€7€7=
Cash at bank and in hand54/58€43,682€41,608€30,330€24,018€34,221€36,781▲ 7.5%
Deferred charges and accrued income490/1--€722€2,089€1,683--
Equity and liabilities
Total equity and liabilities10/49€45,609€64,786€109,246€147,110€93,642€67,205▼ 28.2%
Equity10/15€30,671€45,405€39,872€25,549€10,907€32,770▲ 200%
Contributions10/11-€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14€10,671€25,405€19,872€5,549-€9,093€12,770-
Amounts payable17/49€14,938€19,382€69,374€121,561€82,734€34,435▼ 58.4%
Amounts payable after more than one year17---€64,343€27,279€7,075▼ 74.1%
Trade debts175---€64,343€27,279€7,075▼ 74.1%
Amounts payable within one year42/48€14,938€19,382€69,374€57,218€55,455€27,360▼ 50.7%
Current portion of amounts payable after more than one year42---€26,706€24,896€20,703▼ 16.8%
Trade debts44€4,071€1,483€49,269€15,863€20,171€501▼ 97.5%
Suppliers440/4-€1,483€49,269€15,863€20,171€501▼ 97.5%
Taxes, remuneration and social security45-€9,035€6,917€13,606€8,492€3,827▼ 54.9%
Taxes450/3-€9,035€6,917€8,347€8,492€3,827▼ 54.9%
Remuneration and social security454/9---€5,259---
Other amounts payable47/48-€8,864€13,189€1,043€1,896€2,329▲ 22.8%
Line202020212022202320242025Change
Profit (loss) for the period9904€10,671€14,733-€5,533-€14,323-€14,642€21,863-
+ Depreciation and write-downs630€19€1,439€2,564€38,558€37,352€11,389▼ 69.5%
Operating cash flow (approximation)€10,690€16,173-€2,969€24,235€22,710€33,251▲ 46.4%
Investment in fixed assets (approximation)--€20,696-€26,953-€83,527-€1,577€25,029-
Change in cash--€2,075-€11,278-€6,312€10,203€2,560▼ 74.9%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 03-08-2026 2026-00379422 NBB
31-12-2024 micro format 23-08-2025 2025-00413133 PDF
31-12-2023 micro format 15-08-2024 2024-00346541 PDF
31-12-2022 micro format 30-08-2023 2023-00387762 PDF
31-12-2021 micro format 21-06-2022 2022-20076905 PDF
31-12-2020 micro format 11-08-2021 2021-47400551 PDF

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