MGMA EXPRESS

Active

Private limited companyfounded 2020active for 6 yearsPlace Pierre Delannoy 50, 7850 Enghien, Belgium35 active companies are registered at this addressKBO/BCE: BE 0751.644.684

Summary

The computed 12-month bankruptcy probability of MGMA EXPRESS is 6.6% (elevated). For MGMA EXPRESS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€11,307) and a net result of -€14,839. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

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MGMA EXPRESSActive

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Activity

Freight transport by road

NACE 49410

1 site

Size

€17,578total assets 2024

Equity: -€11,307
Loss: -€14,839

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 6.6%

2024 figures too old to score

Structure

2025 accounts not filed, 267 days past the deadline2 of 3 deeds summarised

Signalsraises riskFigures for financial year 2024 (filed 10-02-2025)1 financial year not filed after the legal deadline; last filed accounts filed 8 days late; 1 of the last 3 lateAnnual accounts not filed2024 accounts filed 7 days latelowers riskLiquidity: current ratio 0.60, cash €12,504Size: total assets €17,578Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Weak

Solvency 0-40

equity -64.3% of total assets

Liquidity 50-3

short-term debt 164.3% · cash 71.1%

Profitability 0-2

return on assets -84.4%

Bankruptcy probability, 12 months

6.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,095 companies, NACE 49, micro)

Last 24 months 11-2024: 5.9% 12-2024: 6.1%▲ +0.2 percentage points vs 11-2024 01-2025: 6.1%● unchanged vs 12-2024 02-2025: 7.0%▲ +0.9 percentage points vs 01-2025 03-2025: 4.3%▼ -2.7 percentage points vs 02-2025 04-2025: 4.3%● unchanged vs 03-2025 05-2025: 4.3%● unchanged vs 04-2025 06-2025: 4.3%● unchanged vs 05-2025 07-2025: 4.3%● unchanged vs 06-2025 08-2025: 4.2%▼ -0.1 percentage points vs 07-2025 09-2025: 4.0%▼ -0.2 percentage points vs 08-2025 10-2025: 4.0%● unchanged vs 09-2025lowest value 11-2025: 4.5%▲ +0.5 percentage points vs 10-2025 12-2025: 4.6%▲ +0.1 percentage points vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 5.5%▲ +0.9 percentage points vs 01-2026 03-2026: 6.0%▲ +0.5 percentage points vs 02-2026 04-2026: 7.7%▲ +1.7 percentage points vs 03-2026 05-2026: 7.8%▲ +0.1 percentage points vs 04-2026 06-2026: 9.0%▲ +1.2 percentage points vs 05-2026 07-2026: 11.2%▲ +2.2 percentage points vs 06-2026 08-2026: 11.3%▲ +0.1 percentage points vs 07-2026 09-2026: 11.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 6.6%▼ -4.9 percentage points vs 09-2026

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 10-02-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 8 days late; 1 of the last 3 late

NBB · filings

Liquidity: current ratio 0.60, cash €12,504

NBB · annual accounts

Size: total assets €17,578

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 267 days later.

NBB · 4 filings

Position against the passed deadline

30-06-2025 year end31-01-2026 deadline25-10-2026 today

2024 accounts filed 7 days late

The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 07-02-2025, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 4 filings

Deviation from the deadline

2025

not filed

2024

7 days late

2023

69 days late

2022

28 days late

2021

14 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 30 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-02-2025 Annual accounts filedfinancial year 2024 · micro…
26-11-2024 MiscellaneousAmendment of the articles ·…
23-10-2024 Registered office · Amendment of the…Registered-office move · Power of…

Key points

Risk: 2025 accounts not fileddeadline was 31-01-2026 267 days past the deadline View
Risk: Negative equityfinancial year 2024: debts exceed assets -€11,307 View
Caution: Among the weakest 7% on solvencysector median 37.2% · 6,611 companies -64.3% View
Caution: 2 loss-making years in a rowloss financial year 2024 -€14,839 View

By topic

Financials

Financial year: 2024
Total assets: €17,578
Loss: -€14,839
Solvency: -64.3%

Go to Financials

Timeline

Events: 8
Since: 2022

09-04-2024Annual accounts filed
28-02-2023Annual accounts filed
30-06-2022Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Freight transport by roadNACE 49410
Founded: 30-07-2020
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 24

Annual meeting: Last Friday of December at 19:00
Purpose: “Entreprise de transport routier national et international de marchandises et de transport…” (deed in Dutch)

Go to Articles of association

Key facts about MGMA EXPRESS

What is the company number of MGMA EXPRESS?: 0751.644.684. In Belgium the VAT number is the company number with BE in front: BE 0751.644.684.
Where is MGMA EXPRESS based?: The registered office is at Place Pierre Delannoy 50, 7850 Enghien.Company details
What does MGMA EXPRESS do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of MGMA EXPRESS?: Private limited company (BV).
When was MGMA EXPRESS founded?: On 30-07-2020.
Is MGMA EXPRESS still active?: Yes, MGMA EXPRESS is an active enterprise in the KBO register.
What is the turnover of MGMA EXPRESS?: €294,773 in financial year 2022, according to the filed annual accounts.Financials
Is MGMA EXPRESS profitable?: In financial year 2024, MGMA EXPRESS made a loss of €14,839.
Where can I find the annual accounts of MGMA EXPRESS?: MGMA EXPRESS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.