Middle East Shipping
ActiveSummary
The computed 12-month bankruptcy probability of Middle East Shipping is 2.1% (moderate). The 2025 annual accounts show equity of €350,570 and a net result of €115,999. Equity has been growing by about 31% per year since 2021. Its solvency ranks better than 89% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 15-12-2020 Normal situation
- Activity
- Agents specialised in the wholesale of other particular products NACE 46180
- Establishment unit
- 2.310.752.014 9140 Temse, since 15-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Turnover
- €1.6m
- ▲ 16.1%
- Profit
- €115,999
- ▲ 21.5%
- Equity
- €350,570
- ▲ 49.5%
- Total assets
- €396,245
- ▲ 44.4%
Score breakdownraises risk1 change of registered office in 24 monthsSize: turnover €1.6m, total assets €396,2452 of the last 3 accounts lateFounded in 2020Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 66% on liquidity, 74% on profitability and 82% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 68 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved to KelmisResignation: Mazen Yaghi (director) · Appointment: Imad Ahmad Ali (director)
- · Gazette deed Registered office moved to Gent
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Middle East Shipping: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €341,000 and €484,000, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| Middle East Shipping Kelmis | €396,245 | €170,577 |
| MB PAY Tournai | €398,860 | €149,792 |
| Energie-Makelaars Kortrijk | €387,335 | €143,797 |
| AX CAPITAL INVEST Antwerpen | €346,303 | €152,858 |
| GARAGE JBHV Brugelette | €483,805 | €195,197 |
| Bonfuse Nieuwerkerken (Limb.) | €358,130 | €126,447 |
| Camurus Sint-Joost-ten-Node | €341,495 | €229,915 |
Key facts about Middle East Shipping
- What is the company number of Middle East Shipping?
- The company number of Middle East Shipping is 0759.830.692. The VAT number is the same number with BE in front: BE 0759.830.692.
- Where is Middle East Shipping based?
- The registered office is at Rue Krickelstein 90A, 4720 Kelmis.Company details
- What does Middle East Shipping do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of Middle East Shipping?
- The legal form of Middle East Shipping is Private limited company (BV).
- When was Middle East Shipping founded?
- Middle East Shipping was founded on 15-12-2020.
- Is Middle East Shipping still active?
- Yes, Middle East Shipping is an active enterprise in the KBO register.
- What is the turnover of Middle East Shipping?
- The turnover of Middle East Shipping was €1.6m in financial year 2025, according to the filed annual accounts.Financials
- Is Middle East Shipping profitable?
- In financial year 2025, Middle East Shipping made a profit of €115,999.
- Where can I find the annual accounts of Middle East Shipping?
- Middle East Shipping filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Middle East Shipping due?
- Middle East Shipping must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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