MLAZ

Active

Private limited companyfounded 2014active for 12 yearsBrugstraat 6, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0550.983.655

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MLAZ has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,445 and a net result of €3,833, of which €6,545 non-recurring income. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 62% of 5,868 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

MLAZActiveChecked score 85/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 29-04-2014 Normal situation
Legal form: Private limited company
Registered office: Brugstraat 6, 3550 Heusden-Zolder
Activity: Freight transport by road NACE 49410
Establishment unit: 2.233.326.911 3550 Heusden-Zolder, since 04-07-2014
Financial year end: 31 March
Peppol: Reachable since 24-11-2025

Company details

Who decides

Board

KUMAS MuratDirector · since 30-11-2023

Board & ownership

How it is doing

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Annual accounts to 31-03-2025

Gross margin: €9,120; ▼ 9.7%
Turnover: ≈ €78,000; estimated
Profit: €3,833; ▲ 117%
Equity: €35,445; ▲ 21.2%
Total assets: €71,569; ▲ 87.0%

2026 accounts not filed, 1 day past the deadline

Filed on 15-10-2025PDF

Financials

Why 85raises riskSector: Land transport and transport via pipelines (NACE 49)Figures for financial year 2025 (filed 15-10-2025)lowers riskLiquidity: current ratio 2.32, cash €28,958Founded in 2014Show the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 66% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 75-25

equity 49.5% of total assets

Liquidity 80+26

short-term debt 41.7% · cash 40.5%

Profitability 73+30

return on assets 5.4%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.9%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.3%▼ -0.6 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.32, compared with 3.85 in 2024, above the usual 1.5; short-term debt: 41.7% and cash: 40.5% of total assets), but 50.5% of the assets are financed with debt and provisions.

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 62% on solvency, 84% on liquidity, 49% on profitability and 67% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 2.32, cash €28,958

NBB · annual accounts

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 15-10-2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

not filed

2025

16 days early

2024

on the day

2023

on the day

2022

3 days early

2021

2 days early

2020

1 day early

← 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 4 days before 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)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: 5 profitable years in a rowprofit 2025: €3,833, mostly one-off 5 years View

Documents

Key facts about MLAZ

What is the company number of MLAZ?: 0550.983.655. In Belgium the VAT number is the company number with BE in front: BE 0550.983.655.
Where is MLAZ based?: The registered office is at Brugstraat 6, 3550 Heusden-Zolder.Company details
What does MLAZ do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of MLAZ?: Private limited company (BV).
When was MLAZ founded?: On 29-04-2014.
Is MLAZ still active?: Yes, MLAZ is an active enterprise in the KBO register.
What is the turnover of MLAZ?: ≈ €78,000 in financial year 2025. Estimated from the gross margin of €9,120: probably between €37,000 and €130,000, based on 67 comparable companies, NACE 49410. A rough estimate.Financials
Is MLAZ profitable?: In financial year 2025, MLAZ made a profit of €3,833.
Where can I find the annual accounts of MLAZ?: MLAZ filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

Companies related to MLAZ

Comparable companies

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Overview