MEGA TRANSPORT SERVICES
ActiveThe computed 12-month bankruptcy probability of MEGA TRANSPORT SERVICES is 5.7% (elevated). The 2024 annual accounts show negative equity (€-39k) and a net result of €-4k. Equity is shrinking by ~86.6% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.37 in 2023; short-term debt: 254.6% and cash: 53% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-154.6%
Return on assets
-17%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-39k
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 24-06-2025, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
328 d late
2022
11 d early
2021
107 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€16k
EBIT margin
11.8%
Net result
€-4k▲ 89.6%
2023 · €-41k
2021: €1k
2022: €86
2023: €-41k
2021 → 2024
Working capital
€-40k▼ 11.3%
2023 · €-36k
2021: €6k
2022: €7k
2023: €-36k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€16k-
Equity€6k-€7k▲ 1.3%€-35k€-39k▼ 12.3%
Operating result€2k-€547▼ 71.4%€-40k€-3k▲ 93.5%
Net result€1k-€86▼ 94.1%€-41k€-4k▲ 89.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €40k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25k
Fixed assets
€739▼ 25.1%
Current assets
€24k▲ 14.3%
Key figures and ratios
EBITDA
€-2k▲
2023 · €-40k
Cash flow
€-4k▲
2023 · €-41k
Solvency
-154.6%▲
2023 · -154.9%
Current ratio
0.38▲
2023 · 0.37
Quick ratio
0.38▲
2023 · 0.37
Debt / equity
-1.65▼
2023 · -1.65
ROA
-17.0%▲
2023 · -184.2%
Interest coverage
-3.15▲
2023 · -38.69
Debt
€64k▲
2023 · €57k
Debt ≤ 1 year
€64k▲
2023 · €57k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€22k€25k▲
Fixed assets21/28€987€739▼
Tangible fixed assets22/27€987€739▼
Plant, machinery and equipment23€987€739▼
Current assets29/58€21k€24k▲
Amounts receivable within one year40/41€14k€10k▼
Trade receivables40€14k€10k▼
Cash at bank and in hand54/58€6k€13k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€22k€25k▲
Equity10/15€-35k€-39k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-40k€-44k▼
Amounts payable17/49€57k€64k▲
Amounts payable within one year42/48€57k€64k▲
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48€37k€50k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253€248▼
Other operating charges640/8€2k€106▼
Gross operating margin9900€-38k€-2k▲
Operating profit (loss)9901€-40k€-3k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€745▼
Non-recurring financial charges66B-€914
Profit (loss) for the period before taxes9903€-41k€-4k▲
Profit (loss) for the period9904€-41k€-4k▲
Profit (loss) for the period to be appropriated9905€-41k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-44k▼
Profit (loss) brought forward from the previous period14P€2k€-40k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 328 days late
2023
31-12
Financial
Weakest financial yearnet €-41k ▼47885%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 107 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Grimbergen · 1 establishment unit since 2023
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.
Mutsaardplein 21853 GrimbergenGround area
1,541 m²
Building footprint
684 m²
Volume, LiDAR
9,376 m³
2 parcels, Brussels, Flanders · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Carrosserie HD
since 20232.342.251.080
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0399/00M025 | Flanders | 1,424 m² | 1 · 561 m² | 22.0 m · 5 fl. |
| 21816C0276/00K002 | Brussels | 117 m² | 1 · 122 m² | 17.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.