MIR TRANS
ActiveSummary
The computed 12-month bankruptcy probability of MIR TRANS is 2.2% (moderate). The 2025 annual accounts show equity of €188,997 and a net result of €118,356. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 4709 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency72▼-1
Growth80▼-2
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.36 in 2024; short-term debt: 43.8% and cash: 2.2% of total assets), but 53.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
29.3%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €188,997
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
3 d late
2022
23 d late
2021
6 d late
2020
18 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 8 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 4 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€642,831▲ 11.4%
2024 · €576,985
EBIT margin
26.8%▲ 3.2pp
2024 · 23.5%
Net result
€118,356▲ 22.6%
2024 · €96,534
Working capital
€196,271▲ 39.9%
2024 · €140,260
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€283,983▼ 8.0%€412,725▲ 45.3%€412,753=€576,985▲ 39.8%€642,831▲ 11.4%
Operating result€4,890▼ 77.2%€2,920▼ 40.3%€2,187▼ 25.1%€135,839▲ 6,112%€172,188▲ 26.8%
Net result€3,652within the sector's middle half▼ 75.1%€475within the sector's middle half▼ 87.0%€290within the sector's middle half▼ 39.0%€96,534above the sector's middle half▲ 33,193%€118,356above the sector's middle half▲ 22.6%
EBIT margin1.7%▼ 5.2pp0.7%▼ 1.0pp0.5%▼ 0.2pp23.5%▲ 23.0pp26.8%▲ 3.2pp
Equity€38,342within the sector's middle half▲ 10.5%€38,817within the sector's middle half▲ 1.2%€39,107within the sector's middle half▲ 0.7%€135,641above the sector's middle half▲ 247%€188,997above the sector's middle half▲ 39.3%
Total assets€145,667within the sector's middle half▼ 29.1%€177,536within the sector's middle half▲ 21.9%€191,367within the sector's middle half▲ 7.8%€285,072above the sector's middle half▲ 49.0%€404,149above the sector's middle half▲ 41.8%
Debt€107,324▼ 37.1%€138,719▲ 29.3%€152,259▲ 9.8%€149,431▼ 1.9%€215,152▲ 44.0%
Working capital-€44,024below the sector's middle half▲ 46.1%-€42,337below the sector's middle half▲ 3.8%-€23,365below the sector's middle half▲ 44.8%€140,260above the sector's middle half€196,271above the sector's middle half▲ 39.9%
Solvency26.3%within the sector's middle half▲ 9.4pp21.9%within the sector's middle half▼ 4.5pp20.4%within the sector's middle half▼ 1.4pp47.6%within the sector's middle half▲ 27.1pp46.8%within the sector's middle half▼ 0.8pp
Current ratio0.59below the sector's middle half▲ 0.070.69below the sector's middle half▲ 0.100.85within the sector's middle half▲ 0.152.36within the sector's middle half▲ 1.522.11within the sector's middle half▼ 0.26
Return on assets (ROA)2.5%within the sector's middle half▼ 4.6pp0.3%within the sector's middle half▼ 2.2pp0.2%within the sector's middle half▼ 0.1pp33.9%above the sector's middle half▲ 33.7pp29.3%above the sector's middle half▼ 4.6pp
Staff (FTE)2.3▲ 360%2.8▲ 21.7%2.9▲ 3.6%2.9=2▼ 31.0%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404,149
Fixed assets
€30,776 ▼ 26.7%
Current assets
€373,373 ▲ 53.6%
Equity and liabilities €404,149
Equity
€188,997 ▲ 39.3%
Debt
€215,152 ▲ 44.0%
Debt's share of the balance-sheet total rises from 52.4% to 53.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€194,794▲
2024 · €156,960
Cash flow
€140,961▲
2024 · €117,655
Debt to equity
1.14▲
2024 · 1.10
ROE
62.6%▼
2024 · 71.2%
Interest coverage
299.20▼
2024 · 560.57
Debt ≤ 1 year
€177,102▲
2024 · €102,851
Income taxes
€53,182▲
2024 · €39,025
Staff costs
€112,140▲
2024 · €103,378
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €283,983 | €412,725 | €412,753 | €576,985 | €642,831 | ▲ 11.4% |
| Goods, raw materials, services and sundry goods60/61 | €160,648 | €259,586 | €221,012 | €291,205 | €325,457 | ▲ 11.8% |
| Remuneration, social security and pensions62 | €71,300 | €98,359 | €112,264 | €103,378 | €112,140 | ▲ 8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,041 | €46,998 | €54,423 | €21,121 | €22,606 | ▲ 7.0% |
| Other operating charges640/8 | €7,103 | €4,862 | €22,867 | €25,442 | €10,440 | ▼ 59.0% |
| Gross operating margin9900 | €123,335 | €153,138 | €191,741 | €285,780 | €317,374 | ▲ 11.1% |
| Operating profit (loss)9901 | €4,890 | €2,920 | €2,187 | €135,839 | €172,188 | ▲ 26.8% |
| Financial charges65/66B | €268 | €1,709 | €681 | €280 | €651 | ▲ 133% |
| Recurring financial charges65 | €268 | €1,709 | €681 | €280 | €651 | ▲ 133% |
| Profit (loss) for the period before taxes9903 | €4,622 | €1,211 | €1,506 | €135,559 | €171,537 | ▲ 26.5% |
| Income taxes67/77 | €970 | €736 | €1,216 | €39,025 | €53,182 | ▲ 36.3% |
| Profit (loss) for the period9904 | €3,652 | €475 | €290 | €96,534 | €118,356 | ▲ 22.6% |
| Profit (loss) for the period to be appropriated9905 | €3,652 | €475 | €290 | €96,534 | €118,356 | ▲ 22.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €145,667 | €177,536 | €191,367 | €285,072 | €404,149 | ▲ 41.8% |
| Fixed assets21/28 | €82,366 | €81,154 | €62,472 | €41,961 | €30,776 | ▼ 26.7% |
| Tangible fixed assets22/27 | €82,366 | €79,854 | €60,931 | €39,809 | €28,016 | ▼ 29.6% |
| Furniture and vehicles24 | €82,366 | €79,854 | €60,931 | €39,809 | €28,016 | ▼ 29.6% |
| Financial fixed assets28 | - | €1,300 | €1,541 | €2,151 | €2,760 | ▲ 28.3% |
| Current assets29/58 | €63,300 | €96,382 | €128,894 | €243,111 | €373,373 | ▲ 53.6% |
| Amounts receivable within one year40/41 | €47,425 | €87,293 | €93,014 | €236,007 | €364,337 | ▲ 54.4% |
| Trade receivables40 | €47,425 | €87,293 | €93,014 | €99,435 | €53,797 | ▼ 45.9% |
| Other amounts receivable41 | - | - | - | €136,572 | €310,540 | ▲ 127% |
| Cash at bank and in hand54/58 | €8,619 | €9,089 | €5,218 | €7,104 | €9,036 | ▲ 27.2% |
| Deferred charges and accrued income490/1 | €7,256 | - | €30,663 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €145,667 | €177,536 | €191,367 | €285,072 | €404,149 | ▲ 41.8% |
| Equity10/15 | €38,342 | €38,817 | €39,107 | €135,641 | €188,997 | ▲ 39.3% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Outside capital11 | - | €20,000 | - | - | - | - |
| Share premium1100/10 | - | €20,000 | - | - | - | - |
| Reserves13 | €10,000 | €10,000 | €10,000 | €60,000 | €110,000 | ▲ 83.3% |
| Distributable reserves133 | €10,000 | €10,000 | €10,000 | €60,000 | €110,000 | ▲ 83.3% |
| Profit (loss) carried forward14 | €8,342 | €8,817 | €9,107 | €55,641 | €58,997 | ▲ 6.0% |
| Amounts payable17/49 | €107,324 | €138,719 | €152,259 | €149,431 | €215,152 | ▲ 44.0% |
| Amounts payable within one year42/48 | €107,324 | €138,719 | €152,259 | €102,851 | €177,102 | ▲ 72.2% |
| Current portion of amounts payable after more than one year42 | €1,088 | - | - | - | - | - |
| Trade debts44 | €18,111 | €44,179 | €101,382 | €31,404 | €7,609 | ▼ 75.8% |
| Suppliers440/4 | €1,848 | €1,888 | €23,350 | €17,385 | €7,609 | ▼ 56.2% |
| Bills of exchange payable441 | €16,264 | €42,292 | €78,032 | €14,020 | - | - |
| Taxes, remuneration and social security45 | €2,107 | €13,052 | €34,941 | €71,446 | €104,493 | ▲ 46.3% |
| Taxes450/3 | €938 | €6,859 | €22,257 | €70,937 | €97,712 | ▲ 37.7% |
| Remuneration and social security454/9 | €1,169 | €6,193 | €12,684 | €510 | €6,782 | ▲ 1,231% |
| Other amounts payable47/48 | €86,018 | €81,487 | €15,937 | - | €65,000 | - |
| Accrued charges and deferred income492/3 | - | - | - | €46,580 | €38,050 | ▼ 18.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,652 | €475 | €290 | €96,534 | €118,356 | ▲ 22.6% |
| + Depreciation and write-downs630 | €40,041 | €46,998 | €54,423 | €21,121 | €22,606 | ▲ 7.0% |
| Operating cash flow (approximation) | €43,693 | €47,473 | €54,713 | €117,655 | €140,961 | ▲ 19.8% |
| Investment in fixed assets (approximation) | - | -€45,785 | -€35,741 | -€610 | -€11,421 | ▼ 1,772% |
| Change in cash | - | €470 | -€3,871 | €1,886 | €1,932 | ▲ 2.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €118,356 ▲22.6%
Operating result €172,188, net result €118,356, both a record.
30-09
Financial
Equity above €150,000Eq €188,997 ▲39.3%
6 profitable years in a row build equity to €188,997.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 2.36
Current ratio from 0.85 to 2.36; short-term debt falls from €152,259 to €102,851.
30-09
Financial
Equity above €100,000Eq €135,641 ▲247%
5 profitable years in a row build equity to €135,641.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
30-09
Financial
Weakest financial yearnet €290 ▼39%
Net result drops to €290, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2018
Ground area
754 m²
Building footprint
152 m²
Volume, LiDAR
849 m³
Parcel 11043D0192/04G003, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mir Trans
since 20182.281.636.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0192/04G003 | Flanders | 754 m² | 1 · 152 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 6,242 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2018
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712925749
Also
9925:BE0712925749
Registered
06-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.