Turnover
≈ €210,000 estimated
The micro format states no turnover.
MELIH26
Lifetime
7 annual accounts with figures on one time axispeak €61,699 (2025)
€61,699▲ 2.5%
lowest -€27,727 (2021)
€14,380▼ 12.3%
peak €54,793 (2025)
€54,793▲ 35.6%
€81,207▲ 161%
Board2 names since 2018
1 directorODABA Muzaffer
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Equity from €40,414 to €54,793Debts from €31,075 to €81,207Cash from €30,705 to €41,189
Key points
from the 2025 annual accountsChecked score
84
Excellent
Financially stronger than 71% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%highest value
01-2025: 1.0%▼ -0.3 percentage points vs 12-2024
02-2025: 1.1%▲ +0.1 percentage points vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.8 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.3 percentage points vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.6%▼ -0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Size: total assets €136,000
lowers risk
Liquidity: current ratio 5.37, cash €41,189
Figures for financial year 2025 (filed on 08-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 49, micro). It does better than 52% of them on solvency, 87% on liquidity, 69% on profitability and 76% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as MELIH26 has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MELIH26 itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 MELIH26. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.37 (3.48 in 2024), above the usual 1.5. Short-term debt is 17.4% and cash 30.3% of total assets. However, 59.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
53 days early
2024
71 days early
2023
54 days early
2022
49 days early
2021
16 days late
2020
34 days late
2019
111 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707649147
Change of role: ODABA Muzaffer, from manager to director
Director discharge: ODABA Muzaffer (manager) · General meeting of 24-09-2024 · Gazette deed
Registered office moved within Brussels
New registered office: Avenue Jean-Baptiste Depaire 176 BTE 001, 1020 BRUXELLES · Previous registered office: Rue des Artistes 64/B012-1020 BRUXELLES · General meeting of 04-11-2021 · Gazette deed
Incorporation
Founder: ODABAS Muzaffer (constituant) · Founding capital of €18,600, 186 shares · Appointment: ODABAS Muzaffer (manager) · published on 04-10-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MELIH26 Brussels | €136,000 | €61,699 | 40.3% | - |
| SEPAK Ixelles | €150,675 | €54,753 | 52.6% | - |
| ETS DAFAN Berchem-Sainte-Agathe | €159,339 | €63,071 | 56.8% | - |
| RL&PC POWER Uccle | €126,863 | €65,406 | 53.0% | - |
| SEFORALINA Berchem-Sainte-Agathe | €122,138 | €73,718 | 37.0% | - |
| NED TRANS Schaerbeek | €116,202 | €62,027 | 52.2% | - |
| NAKATRANS Brussels | €166,709 | €60,192 | 31.6% | - |
These companies have the same main activity as MELIH26: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €116,000 and €167,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 02-10-2018Normal situation
- Activity
- Freight transport by roadNACE 49410
- Establishment unit
- 2.314.374.8641020 Brussels, since 02-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €136,000▲ 90.2%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on MELIH26
MELIH26 files the micro format. That format states no turnover. The gross margin rose from €22,502 in 2019 to €61,699 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MELIH26
- What is the company number of MELIH26?
- The company number of MELIH26 is 0707.649.147. The VAT number is the same number with BE in front: BE 0707.649.147.
- Where is MELIH26 based?
- The registered office is at Jean-Baptiste Depairelaan 176, 1020 Brussels.Company details
- What does MELIH26 do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of MELIH26?
- MELIH26 is a private limited company (BV).
- When was MELIH26 founded?
- MELIH26 was founded on 02-10-2018.
- Is MELIH26 still active?
- Yes, MELIH26 is an active enterprise in the KBO register.
- What is the turnover of MELIH26?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €61,699 and 47 comparable companies (NACE 49410). It probably lies between €170,000 and €260,000.Financials
- Is MELIH26 profitable?
- In financial year 2025, MELIH26 made a profit of €14,380.
- Where can I find the annual accounts of MELIH26?
- MELIH26 filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MELIH26 due?
- MELIH26 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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