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MIDI TRANSPORT

Active
Private limited companyfounded 20187 yrs activeSolidariteitsstraat 9, 1070 Anderlecht, BelgiumKBO/BCE: BE 0715.523.765
Summary

The computed 12-month bankruptcy probability of MIDI TRANSPORT is 8.5% (elevated). The 2024 annual accounts show negative equity (-€581) and a net result of -€12,234. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 6718 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MIDI TRANSPORTActiveChecked score 30/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330Non-scheduled passenger transport by road NACE 49320
1 site
Size
€35,532total assets 2024
Equity
-€581
Loss
-€12,234
Turnover not published (abridged schema)
Financial health
30 Weak Checked score 2024
Bankruptcy chance 12 m
8.5%
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 30- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late- Liquidity: current ratio 0.73, cash €83- Sector Land transport and transport via pipelines (NACE 49)+ Size: total assets €35,532Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 7% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 23-25
equity -1.6% of total assets
Liquidity 0-8
short-term debt 101.6% · cash 0.2%
Profitability 0-100
return on assets -34.4%
Bankruptcy probability, 12 months
8.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (8,991 companies)
Last 24 months 11-2024: 7.5% 12-2024: 7.6%▲ +2.1% vs 11-2024 01-2025: 7.6%● 0.0% vs 12-2024 02-2025: 7.6%● 0.0% vs 01-2025 03-2025: 6.8%▼ -10.6% vs 02-2025 04-2025: 6.8%▼ -0.4% vs 03-2025 05-2025: 6.7%▼ -1.8% vs 04-2025 06-2025: 6.5%▼ -2.7% vs 05-2025 07-2025: 6.4%▼ -2.4% vs 06-2025lowest value 08-2025: 7.1%▲ +11.4% vs 07-2025 09-2025: 7.1%▲ +1.0% vs 08-2025 10-2025: 7.5%▲ +4.9% vs 09-2025 11-2025: 7.5%● 0.0% vs 10-2025 12-2025: 7.5%● 0.0% vs 11-2025 01-2026: 7.5%● 0.0% vs 12-2025 02-2026: 7.5%● 0.0% vs 01-2026 03-2026: 7.6%▲ +1.8% vs 02-2026 04-2026: 7.6%▼ -0.3% vs 03-2026 05-2026: 7.5%▼ -1.7% vs 04-2026 06-2026: 7.2%▼ -3.5% vs 05-2026 07-2026: 7.1%▼ -1.1% vs 06-2026 08-2026: 7.5%▲ +5.6% vs 07-2026 09-2026: 7.6%▲ +0.2% vs 08-2026 10-2026: 8.5%▲ +13.0% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late raises the probability
  • Liquidity: current ratio 0.73, cash €83 raises the probability
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Size: total assets €35,532 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.73 against 0.98 in 2023; short-term debt: 101.6% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 14%, liquidity 2%, profitability 6%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 0.73, cash €83
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €35,532
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€581
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
60 d late
2022
57 d late
2021
54 d late
2020
19 d early
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 42 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€12,234
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€581 View
  • Caution: Among the weakest 13% on net resultsector median €5,754 · 6,682 companies -€12,234 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View

By topic

Financials

Fiscal year
2024
Total assets
€35,532
Loss
-€12,234
Solvency
-1.6%
Total assets▼ 4.5%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 29-09-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 29-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
06-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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