Equity
€1.8m ▲ 14.9%
ML TRANS has made a profit in every financial year since 2020.
ML TRANS
Lifetime
5 annual accounts with figures on one time axispeak €2.6m (2023)
€2.1m▼ 17.7%
peak €576,383 (2022)
€232,814▼ 20.1%
peak €1.8m (2024)
€1.8m▲ 14.9%
€2.5m▼ 18.8%
peak 14.9 FTE (2022)
-not published
Board1 name since 2019
1 director
Documentsfilings and deeds
10-03-2026222 days late
2024financial year
Gross margin from €2.6m to €2.1mAppointment: (director) 09-01Equity from €1.6m to €1.8mDebts from €3.0m to €2.5m
Key points
from the 2024 annual accountsTurnover
≈ €4.0m estimated
The accounts state no turnover.
Staff
15 employees on 31-12-2024
In 2024, 3 people joined and 4 left.
Filings
5 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€18,600 100 shares
Position in the sector
€2.1m
Higher gross margin than 89% of companies in land transport. Sector median €531,858 · 666 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,780 companies had the same profile as ML TRANS has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
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.
| 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 6,780 companies, not a prediction for ML TRANS. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721913689
Appointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Registered office moved from Lontzen to Battice
New registered office: Rue de Maestricht 46, 4651 Battice · Previous registered office: Rottdriescher Strasse 99, 4710 Lontzen · General meeting of 09-11-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founder: · Appointment: (manager) · published on 08-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ML TRANS Herve | €4.2m | €2.1m | 42.3% | - |
| WINKS Pelt | €3.8m | €2.4m | 37.3% | 11.7 |
| DOUNY CHRISTOPHE M.N. Bièvre | €4.4m | €2.1m | 24.3% | 11.1 |
| Foronex Transport Wielsbeke | €3.7m | €2.3m | 6.1% | 20.9 |
| Minne Transport Service Wingene | €3.9m | €2.5m | 22.4% | 17.4 |
| DELANNAY SAMUEL Tournai | €5.2m | €2.0m | 13.3% | 13 |
| V.I.I.T. Ghent | €3.4m | €2.4m | 29.2% | 28.2 |
These companies have the same main activity as ML TRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €3.4m and €5.2m, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 06-03-2019Normal situation
- Activity
- Freight transport by roadNACE 49410
- Establishment unit
- 2.342.059.8524651 Herve, since 06-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2024
Insights on ML TRANS
ML TRANS has existed since 2019. The gross margin grew from €1.4m in 2020 to €2.1m in 2024.
Solvency rose in 2024 from 34.1% to 42.3% because of the retained profit and lower debts.
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 TRANS
- What is the company number of ML TRANS?
- The company number of ML TRANS is 0721.913.689. The VAT number is the same number with BE in front: BE 0721.913.689.
- Where is ML TRANS based?
- The registered office is at Rue de Maestricht 46, 4651 Herve.Company details
- What does ML TRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of ML TRANS?
- ML TRANS is a private limited company (BV).
- When was ML TRANS founded?
- ML TRANS was founded on 06-03-2019.
- Is ML TRANS still active?
- Yes, ML TRANS is an active enterprise in the KBO register.
- How many employees does ML TRANS have?
- ML TRANS had an average of 15.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of ML TRANS?
- The turnover in financial year 2024 is ≈ €4.0m. This figure is estimated from the gross margin of €2.1m and 31 comparable companies (NACE 49410). It probably lies between €3.5m and €4.7m.
- Is ML TRANS profitable?
- In financial year 2024, ML TRANS made a profit of €232,814.
- Where can I find the annual accounts of ML TRANS?
- ML TRANS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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