MK LOGISTIC
ActiveSummary
The computed 12-month bankruptcy probability of MK LOGISTIC is 17.4% (high). The 2025 annual accounts show negative equity (-€1,365) and a net result of €1,630. Its solvency ranks better than 13% of 5,852 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
- Equity
- -€1,365
- Profit
- €1,630
Why 15raises riskSector: Land transport and transport via pipelines (NACE 49)Ex-officio strike-off in the KBOLast filed accounts filed 54 days late; 2 of the last 3 lateLiquidity: current ratio 0.93Show the evidence
Checked score
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 13% on solvency, 1% on liquidity, 31% on profitability and 82% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 175 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)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeDirector in office · Registered-office…
Financials · financial year 2025, micro format
2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00531567.
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €1,960 after a loss of €2,373 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,017 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89.2% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 17.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,017 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1,175 | €1,100 | ▼ 6.4% |
| Gross operating margin9900 | -€1,198 | €3,060 | - |
| Operating profit (loss)9901 | -€2,373 | €1,960 | - |
| Financial income75/76B | €15 | - | - |
| Recurring financial income75 | €15 | - | - |
| Financial charges65/66B | €637 | €137 | ▼ 78.4% |
| Recurring financial charges65 | €637 | €137 | ▼ 78.4% |
| Profit (loss) for the period before taxes9903 | -€2,995 | €1,822 | - |
| Income taxes67/77 | - | €192 | - |
| Profit (loss) for the period9904 | -€2,995 | €1,630 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,995 | €1,630 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €11,659 | €19,637 | ▲ 68.4% |
| Current assets29/58 | €11,659 | €19,637 | ▲ 68.4% |
| Amounts receivable within one year40/41 | €11,659 | €19,637 | ▲ 68.4% |
| Trade receivables40 | - | €18,060 | - |
| Other amounts receivable41 | €11,659 | €1,577 | ▼ 86.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €11,659 | €19,637 | ▲ 68.4% |
| Equity10/15 | -€2,995 | -€1,365 | ▲ 54.4% |
| Profit (loss) carried forward14 | -€2,995 | -€1,365 | ▲ 54.4% |
| Amounts payable17/49 | €14,654 | €21,002 | ▲ 43.3% |
| Amounts payable within one year42/48 | €14,654 | €21,002 | ▲ 43.3% |
| Financial debts43 | €9,157 | - | - |
| Credit institutions430/8 | €9,157 | - | - |
| Taxes, remuneration and social security45 | €5,497 | €21,002 | ▲ 282% |
| Taxes450/3 | €5,497 | €6,002 | ▲ 9.2% |
| Remuneration and social security454/9 | - | €15,000 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,995 | €1,630 | - |
| Operating cash flow (approximation) | -€2,995 | €1,630 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-09-2026 | 2026-00531567 |
| 31-12-2024 | micro format | 22-05-2026 | 2026-00124727 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KANDEMIR Metehan |
|
| KANDEMIR Tayfun |
|
Owners and capital
Capital and shareholders
- KANDEMIR Metehan 100 shares
- KANDEMIR Tayfun to KANDEMIR Metehan 100 shares
- KANDEMIR Tayfun 100 shares (100%) · €10,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-07-2023 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-02
Gazette deed
Registered officeDirector in office · Registered-office move3 facts ▸
- General meeting, 09-02-2026
- Director in office, Kandemir Metehan (chair)
- Registered-office move, leuvensesteenweg 246 bus 1, 1932 sint-stevens-woluwe
09-11
Gazette deed
Resignation: KANDEMIR Tayfun (director)Appointment: KANDEMIR Metehan (director) · Share transfer · Shareholding5 facts ▸
- General meeting, 20-09-2023
- Share transfer, KANDEMIR Tayfun → KANDEMIR Metehan
- Director resignation, KANDEMIR Tayfun (director)
- Director appointment, KANDEMIR Metehan (director)
- Shareholding, 100, 100
11-07
Gazette deed
IncorporationAppointment: KANDEMIR Tayfun (director) · Founder · Founding capital11 facts ▸
- Founder, KANDEMIR Tayfun
- Incorporation, “MK LOGISTIC” (deed in Dutch)
- Founding capital, €10,000
- Other provision, 07-06-2023
- Other provision, “aansprakelijkheid oprichters bij faillissement, faillissement binnen drie jaar na oprichting” (deed in Dutch)
- Capital
- Other provision, “comparante, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “1820 Steenokkerzeel,Lambrechtsstraat 11 bus 2” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, KANDEMIR Tayfun (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Parcel delivery
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23051B0170/00G000 | Flanders | 486 m² | 1 · 165 m² | 9.3 m · 3 |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aankoop,verkoop,invoer,uitvoer,vertegenwoordiging,groothandel,semi-groothandel en detailhandel van alle producten die rechtstreeks of…” (deed in Dutch)
20 activities (deed in Dutch)
- De aankoop,verkoop,invoer,uitvoer,vertegenwoordiging,groothandel,semi-groothandel en detailhandel van alle producten die rechtstreeks of onrechtstreeks verband houden met :
- Het vervoer van personen en goederen over land,door de lucht en over zee
- Het vervoer van goederen met een gewicht van meer of minder dan vijfhonderd kilogram
- Het vervoer van diverse producten en goederen per vrachtwagen;
- Alle aspecten van het nationaal en internationaal vervoer te land,ter zee en in de lucht van goederen en koopwaren;
- Het vervoer en de thuisbezorging van alle producten,al dan niet bederfelijk,en het ophalen,opslaan en distribueren van alle producten,al dan niet bederfelijk;
- De exploitatie van transportbedrijven,koeriers en postvervoer;
- Exprespakketbezorging;
- Opslag en verzending van bagage;
- Verhuizingen,verhuur van hefwerktuigen,verhuur van liften,vervoer van meubelen en goederen,verhuur van commerciële of particuliere voertuigen (zoals vrachtwagens,bestelwagens,enz.),verpakkingsdiensten,opslag van meubelen en goederen,meubelopslagdiensten
- Betaald personenvervoer per motorvoertuig;
- Verhuur van limousines;
- Exploitatie van een autoverhuurbedrijf met chauffeur ;
- Exploitatie van taxibedrijven,personenvervoer per taxi ;
- Exploitatie van taxicentrales;
- Verhuur van touringcars;
- Logistiek vervoer;
- Overig personenvervoer te land;
- Ondersteunende diensten voor vervoer te land;
- Schoonmaakbedrijf.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MK LOGISTIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, vestiging administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Artikel 12, algemene vergadering beslist of mandaat bestuurder al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen WVV” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden zowel ten bezwarende als ten kosteloze titel zowel vrijwillig als gedwongen (uitsluiting en uittreding) zowel…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, ontbinding om welke reden…” (deed in Dutch)