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MDH TRANS

Active
Private limited companyfounded 2022active for 4 yearsKunstlaan 56, 1000 Brussel, BelgiumKBO/BCE: BE 0783.714.171
Summary

The computed 12-month bankruptcy probability of MDH TRANS is 9.9% (elevated). The 2024 annual accounts show equity of €6,162 and a net result of €1,873. Its solvency ranks better than 18% of 1,287 sector peers (NACE 52, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Logistics services
NACE 52250Freight transport by road NACE 49410
1 site
Size
€118,585total assets 2024
Staff
4 FTE
Equity
€6,162
Profit
€1,873
Turnover not published (micro format)
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.9%
Structure
Accounts 72 days overdue0 of 2 deeds read
Why 31raises risk1 financial year not filed after the legal deadline; latest accounts 82 days late; 2 of the last 3 lateLiquidity: current ratio 0.83, cash €1, halvedSector: Warehousing and support activities for transportation (NACE 52)Founded in 2022Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 30% of its sector peers (NACE 52, micro)
Financial strength · tick = 2023
Weak
Solvency 30+2
equity 5.2% of total assets
Liquidity 0-2
short-term debt 94.8% · cash 0.0%
Profitability 31-1
return on assets 1.6%
Bankruptcy probability, 12 months
9.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,293 companies, NACE 52, micro)
Last 24 months 11-2024: 9.3% 12-2024: 7.2%▼ -2.1 percentage points vs 11-2024 01-2025: 7.1%▼ -0.1 percentage points vs 12-2024 02-2025: 7.1%● unchanged vs 01-2025 03-2025: 7.1%● unchanged vs 02-2025 04-2025: 7.2%▲ +0.1 percentage points vs 03-2025 05-2025: 7.2%● unchanged vs 04-2025 06-2025: 7.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 7.2%▲ +0.1 percentage points vs 06-2025 08-2025: 7.8%▲ +0.6 percentage points vs 07-2025 09-2025: 8.0%▲ +0.2 percentage points vs 08-2025 10-2025: 8.1%▲ +0.1 percentage points vs 09-2025 11-2025: 9.5%▲ +1.4 percentage points vs 10-2025 12-2025: 9.0%▼ -0.5 percentage points vs 11-2025 01-2026: 8.9%▼ -0.1 percentage points vs 12-2025 02-2026: 8.9%● unchanged vs 01-2026 03-2026: 8.9%● unchanged vs 02-2026 04-2026: 8.9%● unchanged vs 03-2026 05-2026: 8.9%● unchanged vs 04-2026 06-2026: 8.8%▼ -0.1 percentage points vs 05-2026 07-2026: 8.7%▼ -0.1 percentage points vs 06-2026 08-2026: 9.5%▲ +0.8 percentage points vs 07-2026 09-2026: 9.8%▲ +0.3 percentage points vs 08-2026 10-2026: 9.9%▲ +0.1 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.83, compared with 0.82 in 2023; short-term debt: 94.8% and cash: 0% of total assets), and 94.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro): better than 17% on solvency, 1% on liquidity, 21% on profitability and 82% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 82 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.83, cash €1, halved
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1287 sector peers (2024).
NBB · sector comparison
Position among 1287 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
82 days late
2023
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 79 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Caution: Among the weakest 19% on solvencysector median 42.2% · 1,287 companies 5.2% View
  • Total assets 20242 financial years filed €118,585 View

By topic

Financials

Financial year
2024
Total assets
€118,585
Profit
€1,873
Solvency
5.2%
Total assets▼ 5.1%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Logistics servicesNACE 52250
Founded
23-03-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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