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Complete company report
Generated 29-07-2026
Active BE 0799.316.523Private limited company

MGT EXPRESS

Zuidlaan 52 ·1000 Brussel, Belgium· 3 yrs active
Sector: NACE 53200 (53200)
Conclusion Checked

The computed 12-month bankruptcy probability of MGT EXPRESS is 9.5% (elevated). The 2024 annual accounts show equity of €54k and a net result of €21k. Its solvency ranks better than 65% of 253 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €54k
Net result €21k
Staff (FTE) 2.8
Better than sector 65%
Snowflake analysis 5 axes · computed by Checked
Health61Profitability100Solvency63Growth52Stability94
74 / 100

Strong profile, led by profitability.

Health 61
Profitability 100
Solvency 63
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
9.5% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
61 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60kOperating result 2023: €64k€64kNet result 2023: €64k€64kOperating result 2024: €34k€34kNet result 2024: €21k€21k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 53 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 44.7% 31.0%
better than 65% of 253 sector peers
Net result €21k €8k
better than 76% of 253 sector peers
Equity €54k €21k
better than 79% of 253 sector peers
Gross operating margin €165k €39k
better than 85% of 252 sector peers
Staff costs €104k €68k
higher than 66% of 138 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€56k
-27.6% -29% vs sector
Net profit
€21k
-66.5% -38% vs sector
Cash flow
€43k
-44.5% -28% vs sector
Total assets
€121k
+34.0% -82% vs sector
Equity
€54k
+20.9% -66% vs sector
Working capital
€-13k
+64.2% far below sector median
Employees (FTE)
3
- -28% vs sector
Staff costs
€104k
+27171.9% ≈ vs sector
Income taxes
€114
- -99% vs sector
Debt
€67k
+46.9% -86% vs sector
Debt ≤ 1y
€67k
+46.9% -82% vs sector
Current ratio
0.81
+270.3% -40% vs sector
Quick ratio
0.81
+270.3% -40% vs sector
Solvency
44.7%
-9.8% +61% vs sector
Debt / equity
1.24
+21.6% +21% vs sector
ROE
39.4%
-72.3% +88% vs sector
ROA
17.6%
-75.0% +257% vs sector
Interest coverage
150.77
-71.8% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€56k
Net profit€21k
Cash flow€43k
Staff costs€104k
Income taxes€114
Dividends-
Total assets€121k
Equity€54k
Debt€67k
of which ≤ 1y€67k
of which > 1y-
Working capital€-13k
Employees (FTE)2.8
Ratios (computed)
2024
Current ratio0.81
Quick ratio0.81
Working capital ratio-10.5%
Solvency44.7%
Debt / equity1.24
Long-term debt ratio-
Interest coverage150.77
Gross margin-
Net margin-
ROA17.6%
ROE39.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€121k
Fixed assets 21/28€67k
Tangible fixed assets 22/27€63k
Financial fixed assets 28€4k
Current assets 29/58€54k
Amounts receivable within one year 40/41€33k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€121k
Equity 10/15€54k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€49k
Amounts payable 17/49€67k
Amounts payable within one year 42/48€67k
Trade debts payable within one year 44€9k
Income statement
Gross operating margin 9900€165k
Operating result 9901€34k
Financial charges 65€370
Result before taxes 9903€21k
Income taxes 67/77€114
Net result for the period 9904€21k
Result to be appropriated 9905€21k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 53200
Legal form Private limited company(610)
Incorporation08-03-2023
StatusActive
Postal code1000
Establishment units 1 location
MGT EXPRESS
Gillebertusstraat 4, 1090 JetteVerzamelen, vervoeren en afleveren van post en pakjes in binnen- en buitenland
since 20232.343.862.963
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21810L2203/00G002 Brussels 144 m² 1 · 144 m² 22.1 m · 7 fl.
21463D0204/00S002 Brussels 79 m² 1 · 72 m² 13.7 m · 4 fl.
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.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
31-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
12-11-2024
State Gazette act Capital & shares
24-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
22-05-2023
State Gazette act Director changes
07-04-2023
State Gazette act Capital & shares
Belgisch Staatsblad, acts 3 acts
Capital history · 2
12-11-2024
Capital change
07-04-2023
Capital change
All acts · 3 updated 1 year ago
2024
12-11-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "act_meta": {
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    "act_date": "2024-09-23",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-09-23"
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  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "MGT EXPRESS",
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  "publication_proxy": {
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2023
22-05-2023 3 directors appointed, 1 resigning Director changes
  • BENHAMMOU Bilal, Bestuurder
  • BALHAJ Younasse, Bestuurder
  • BENHAMMOU Abdeslam, Bestuurder
  • BENHAMMOU Abdeslam, Bestuurder
Technical details 
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      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
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      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 07/04/2023 accepte la nomination en tant qu\u0027administrateur de Monsieur BENHAMMOU Bilal, n\u00E9 le 29/01/1999 \u00E0 Bruxelles et ce avec effet \u00E0 ce jour.",
      "decharge_status": null,
      "mandate_duration": {
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
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      "evidence_quote": "Monsieur BENHAMMOU Abdeslam Monsteur BALHAJ Younasse Monsieur BENHAMMOU Bilal",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-05-11",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
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      "date": "2023-04-07",
      "unanimous": true
    }
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  "is_correction": false,
  "subject_company": {
    "kbo": "0799.316.523",
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    "legal_form": "SRL",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
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    "org_kbo": null,
    "org_name": null,
    "person_name": null,
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
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07-04-2023 Transaction in capital or shares Capital & shares
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige posterijen en koeriers53200Overige posterijen en koeriers53200
Primary activity highlighted.
Names & trade names
Legal nameFR MGT EXPRESS
Registered office
Zuidlaan 52
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative