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ML Trade

Active Private limited companyfounded 2002active for 24 yearsRue de Maestricht 46, 4651 HerveKBO/BCE: BE 0478.719.942 subsidiary of

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
peak €324,691 (2007)
€51,714▲ €52,287
lowest -€15,786 (2023)
€18,485▲ €29,891
peak €616,014 (2017)
€528,735▲ 3.6%
€9,632▼ 86.7%
peak 1.1 FTE (2007)
-not published
Board5 names since 2018
1 director
Owners
consolidates
Documentsfilings and deeds
26-04-20264 days before the deadline
2025financial year
Gross margin from -€574 to €51,714Back to profit: €18,485Debts from €72,349 to €9,632Cash from €295,858 to €205,500

Key points

from the 2025 annual accounts

Liquidity

46.50 was 6.81 in 2024

Short-term debts fell from €69,200 to €9,632.

Filings

23 annual accounts since 2003
deadline20102020

Two of the last ten came late. The 2024 accounts came latest: 40 days after the end of the period.

Position in the sector

97.4%

Higher solvency than 95% of companies in retail trade. Sector median 33.4% · 2,453 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as ML Trade has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,769 companies, not a prediction for ML Trade. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
Auditor
  • consolidatesscore equity €1.8m (2024) · annual accounts 30-09-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478719942
Company renamed to ML Trade New name: ML Trade · Appointment: (expert comptable certifié) · Resignation: (director) · Gazette deed
1 director appointed, 2 resignations Resignations: and · Appointment: (managing director) · Permanent representative: · General meeting of 17-07-2023 · Gazette deed
Reappointments: (director) and (director) Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
ML Trade Herve €543,101 €51,714 97.4% -
GCS-Cars Ghent €459,926 €54,384 10.6% -
MANAGEMENT STRATEGY AND SALES Soignies €654,709 €74,499 55.4% -
SEWI Vosselaar €750,498 €72,628 33.8% -
STAD M Molenbeek-Saint-Jean €724,689 €67,270 27.3% -
MAUPI Ternat €521,808 €26,868 48.5% -
J. and B. MOTORS Beauvechain €462,069 €76,508 30.9% -

These companies have the same main activity as ML Trade: retail trade (NACE 47812). They are comparable in size and age: total assets between €460,000 and €750,000, founded between 1991 and 2011.

Official details

Source: KBO
Status
Active since 06-11-2002Normal situation
Activity
Retail tradeNACE 47812and 2 others
Establishment unit
2.126.851.5934651 Herve, since 14-03-2003
Financial year end
30 September
Peppol
Reachable since 29-12-2025
Company details

Annual accounts to 30-09-2025

≈ €340,000estimated
€543,101▼ 7.5%
Filing
Filed on 26-04-2026, 4 days before the end of the filing period
Financials

Insights on ML Trade

ML Trade has existed since 2002. The gross margin fell from €189,345 in 2021 to €39,942 in 2022.

Solvency rose in 2025 from 86.9% to 97.4% because of the retained profit and lower debts.

In August 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ML Trade

What is the company number of ML Trade?
The company number of ML Trade is 0478.719.942. The VAT number is the same number with BE in front: BE 0478.719.942.
Where is ML Trade based?
The registered office is at Rue de Maestricht 46, 4651 Herve.Company details
What does ML Trade do?
According to the KBO register, the main activity is retail trade (NACE 47812).
What is the legal form of ML Trade?
ML Trade is a private limited company (BV).
When was ML Trade founded?
ML Trade was founded on 06-11-2002.
Is ML Trade still active?
Yes, ML Trade is an active enterprise in the KBO register.
What is the turnover of ML Trade?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €51,714 and 39 comparable companies (NACE 478). It probably lies between €210,000 and €750,000.Financials
Is ML Trade profitable?
In financial year 2025, ML Trade made a profit of €18,485.
Where can I find the annual accounts of ML Trade?
ML Trade filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ML Trade due?
ML Trade must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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