Financials
- Financial year
- 2025
- Total assets
- €107,019
- Profit
- €6,870
- Solvency
- 15.8%
MGLLM
ActiveSummary
The computed 12-month bankruptcy probability of MGLLM is 2.2% (moderate). The 2025 annual accounts show equity of €16,870 and a net result of €6,870. Its solvency ranks better than 27% of 5,826 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.
Overview
Activity
Freight transport by road
NACE 49410
1 site
Size
€107,019total assets 2025
- Equity
- €16,870
- Profit
- €6,870
Turnover not published (micro format)
Why 53raises riskFounded in 2025Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €107,019lowers riskLiquidity: current ratio 0.93, cash €42,554Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 49, micro)
Financial strength
Strong
Solvency
41
equity 15.8% of total assets
Liquidity
61
short-term debt 71.6% · cash 39.8%
Profitability
77
return on assets 6.4%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 3.6%
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.8%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 2.0%▼ -1.8 percentage points vs 06-2026lowest value
08-2026: 2.0%● unchanged vs 07-2026
09-2026: 2.1%▲ +0.1 percentage points vs 08-2026
10-2026: 2.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, below 1; short-term debt: 71.6% and cash: 39.8% of total assets), and 84.2% of the assets are financed with debt and provisions.
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 49, micro): better than 27% on solvency, 68% on liquidity and 58% on profitability.
The bankruptcy probability was computed on 25-10-2026 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
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
32 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: POPA Marin (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- POPA MarinDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 21-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Annual meeting
- Last Saturday of June at 20:00
- Purpose
- “Bouwonderneming zonder beperking van activiteit,gereglementeerde activiteiten worden…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about MGLLM
- What is the company number of MGLLM?
- 1021.315.671. In Belgium the VAT number is the company number with BE in front: BE 1021.315.671.
- Where is MGLLM based?
- The registered office is at Pastoor Steenssensstraat(BEV) 113, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does MGLLM do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of MGLLM?
- Private limited company (BV).
- When was MGLLM founded?
- On 21-03-2025.
- Is MGLLM still active?
- Yes, MGLLM is an active enterprise in the KBO register.
- What is the turnover of MGLLM?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is MGLLM profitable?
- In financial year 2025, MGLLM made a profit of €6,870.
- Where can I find the annual accounts of MGLLM?
- MGLLM filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to MGLLM
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