ML WAY
ActiveThe computed 12-month bankruptcy probability of ML WAY is 4.8% (elevated). The 2025 annual accounts show negative equity (€-4k) and a net result of €-11k. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 9% of 4547 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
13
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-64
Growth32=
Track record100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 1.64 in 2024; short-term debt: 129.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-29.5%
Return on assets
-88%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 8 filingsDeviation from the deadline
2025
3 d late
2024
22 d late
2023
17 d late
2022
29 d late
2021
29 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-4k
2024 · €7k
2018: €19k
2019: €15k
2020: €8k
2021: €15k
2022: €22k
2023: €16k
2024: €7k
2018 → 2025
Total assets
€12k▼ 32.8%
2024 · €18k
2018: €22k
2019: €23k
2020: €38k
2021: €37k
2022: €36k
2023: €22k
2024: €18k
2018 → 2025
Net result
€-11k▼ 19.8%
2024 · €-9k
2018: €487
2019: €-4k
2020: €-8k
2021: €7k
2022: €7k
2023: €-5k
2024: €-9k
2018 → 2025
Working capital
€-4k
2024 · €7k
2018: €8k
2019: €15k
2020: €916
2021: €14k
2022: €25k
2023: €16k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€22k▲ 44.0%€16k▼ 25.1%€7k▼ 55.7%€-4k
Operating result€9k-€7k▼ 17.5%€-5k€-9k▼ 83.9%€-10k▼ 16.0%
Net result€7k-€7k▼ 7.4%€-5k€-9k▼ 66.4%€-11k▼ 19.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€30=
Current assets
€12k▼ 32.8%
Key figures and ratios
Solvency
-29.5%▼
2024 · 39.3%
Current ratio
0.77▼
2024 · 1.64
Quick ratio
0.77▼
2024 · 1.64
Debt / equity
-4.39▼
2024 · 1.55
ROA
-88.0%▼
2024 · -49.4%
Debt
€16k▲
2024 · €11k
Debt ≤ 1 year
€16k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€18k€12k▼
Fixed assets21/28€30€30=
Financial fixed assets28€30€30=
Current assets29/58€18k€12k▼
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€4k€1k▼
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€1k€735▼
Equity and liabilities
Total equity and liabilities10/49€18k€12k▼
Equity10/15€7k€-4k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-11k€-22k▼
Amounts payable17/49€11k€16k▲
Amounts payable within one year42/48€11k€16k▲
Current portion of amounts payable after more than one year42€4k-
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€367€977▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48-€3k
Income statement
Code20242025
Other operating charges640/8€427€276▼
Gross operating margin9900€-8k€-10k▼
Operating profit (loss)9901€-9k€-10k▼
Financial income75/76B€122€40▼
Recurring financial income75€122€40▼
Financial charges65/66B€429€733▲
Recurring financial charges65€429€733▲
Profit (loss) for the period before taxes9903€-9k€-11k▼
Profit (loss) for the period9904€-9k€-11k▼
Profit (loss) for the period to be appropriated9905€-9k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-22k▼
Profit (loss) brought forward from the previous period14P€-2k€-11k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Jette · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Rivierendreef 3301090 JetteGround area
303 m²
Building footprint
48 m²
Volume, LiDAR
407 m³
Parcel 21463C0410/00F003, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ML Way
since 20172.270.493.054
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463C0410/00F003 | Brussels | 303 m² | 1 · 48 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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EURO MILLIMETRES
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SOUL K
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ARAKIT
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Of 6,687 companies in sector 49330 we hold annual accounts for 2,291. 1,870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2017
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
49390Land transport and transport via pipelines
49410Freight transport by road
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.