Turnover
The micro format states no turnover.
The micro format states no turnover.
Board changed. Latest change 12-03-2026 · 1 in office.
Higher solvency than 83% of companies in land transport. Sector median 37.7% · 5,940 companies.
The dashed line is the sector median: 1.8% across 9,102 companies (NACE 49, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 92% of them on solvency, 68% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 07-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
In July 2024, 11,279 companies had the same profile as MELYAK has now. Each dot stands for 29 companies, two years later.
The bankruptcy probability of MELYAK itself is higher: 2.4% within 12 months. It rests on far more data about MELYAK than the profile alone.
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 11,279 companies, not a prediction for MELYAK. 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.
Liquidity is ample, with a current ratio of 1.77, above the usual 1.5. Short-term debt is 24.8% and cash 16.2% of total assets. 24.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MELYAK Grimbergen | €30,960 | €20,169 | 75.2% | - |
| BEJ LOG Vilvoorde | €28,535 | €18,112 | 58.2% | - |
| BS FAST Vilvoorde | €31,489 | €17,629 | 38.3% | - |
| FEJO TRANS Bekkevoort | €27,679 | €23,598 | 42.7% | - |
| WALAS EXPRESS Vilvoorde | €37,844 | €18,852 | 35.8% | - |
| ELF TRANS Forest | €27,275 | €20,466 | 40.2% | - |
| Empex Logistics Mechelen | €34,284 | €17,842 | 7.5% | - |
These companies have the same main activity as MELYAK: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €27,300 and €37,800, founded between 2024 and 2025.
The computed 12-month bankruptcy probability of MELYAK is 2.4% (moderate). The 2025 annual accounts show equity of €23,281 and a net result of €13,281.
Its solvency ranks better than 84% of 5,940 sector peers (NACE 49, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €87,000 and €280,000.
Higher than 84% of 5,940 companies in 2025.
Higher than 64% of 5,694 companies in 2025.
Higher than 95% of 5,757 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
30,960 | |
21/28 |
17,340 | |
22/27 |
17,340 | |
24 |
17,340 | |
29/58 |
13,620 | |
40/41 |
8,603 | |
40 |
3,703 | |
41 |
4,900 | |
54/58 |
5,017 | |
| Balance sheet: equity and liabilities | ||
10/49 |
30,960 | |
10/15 |
23,281 | |
10/11 |
10,000 | |
14 |
13,281 | |
17/49 |
7,679 | |
42/48 |
7,679 | |
44 |
1,761 | |
440/4 |
1,761 | |
45 |
5,854 | |
450/3 |
5,854 | |
47/48 |
64 | |
| Income statement | ||
9900 |
20,169 | |
630 |
160 | |
640/8 |
1,737 | |
9901 |
18,272 | |
65/66B |
116 | |
65 |
116 | |
9903 |
18,156 | |
67/77 |
4,876 | |
9904 |
13,281 | |
9905 |
13,281 | |
| Appropriation of the result | ||
9906 |
13,281 | |
| Document | ||
The notes to these accounts have 5 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.
Source: Annual accounts 2025 at the NBB, filed on 10-09-2026.
2025 annual accounts filed 41 days after the deadline. Filed on 10 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00510169.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-09-2026 | 2026-00510169 |
| Line | Trend | 2025 |
|---|---|---|
| 18,432 | ||
| 13,440 | ||
| 17,500 | ||
| 5,940 | ||
| 75.2% | ||
| 1.77 | ||
| 0.33 | ||
| 57.0% | ||
| 42.9% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €17,500 |
| €160 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 24.8%.
MELYAK has no parent and no holdings in its annual accounts. AKDOGAN Dogan is the only director. MELYAK shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MELYAK was incorporated on 10 January 2025 as a private limited company by two natural persons, with a starting capital of €10,000.12 AKDOGAN Dogan is director of the company, appointed by deed of 23-03-2026.3 The company has filed annual accounts once, for financial year 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Hellebeekstraat 17 registered office 1850 Grimbergen | 10-01-2025 | 2.370.329.216 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23403H0023/00P003 | 1,432 m² | 1 · 164 m² | 6.4 m · 1 |
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