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MOTOR EXPRESS

Active
Private limited companyfounded 2021active for 5 yearsKBO/BCE: BE 0764.721.670
Summary

The computed 12-month bankruptcy probability of MOTOR EXPRESS is 15.7% (high). The 2024 annual accounts show equity of €116,708 and a net result of €66,561. Equity has been growing by about 70% per year since 2021. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.

Overview

Official details

Source: KBO
Status
Active since 05-03-2021 Normal situation
Legal form
Private limited company
Activity
No activity registered in the KBO
Establishment unit
2.367.316.177 1000 Brussel, since 02-10-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

21 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
15.7%
Annual accounts 2024
Gross margin
€322,873
▲ 47.7%
Turnover
≈ €640,000
estimated
Profit
€66,561
▲ 210%
Equity
€116,708
▲ 133%
Total assets
€237,902
▲ 40.6%
Staff
≈ 5 FTE
estimated
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed on 14-08-2025)2 ex-officio strike-offs in the KBOlowers riskSize: total assets €237,902Show the evidence

Checked score

Score 2024
21 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 74% of micro companies without a NACE code
Financial strength · tick: 2023
Strong
Solvency 74+19
equity 49.1% of total assets
Liquidity 72+45
short-term debt 50.9% · cash 38.4%
Profitability 100+31
return on assets 28.0%
Bankruptcy probability within 12 months
15.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 8.1% 01-2025: 3.4%▼ -4.7 percentage points vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.3%▼ -0.1 percentage points vs 02-2025 04-2025: 4.1%▲ +0.8 percentage points vs 03-2025 05-2025: 4.8%▲ +0.7 percentage points vs 04-2025 06-2025: 5.2%▲ +0.4 percentage points vs 05-2025 07-2025: 5.3%▲ +0.1 percentage points vs 06-2025 08-2025: 6.6%▲ +1.3 percentage points vs 07-2025 09-2025: 0.4%▼ -6.2 percentage points vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 2.0%▲ +1.6 percentage points vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 3.8%▲ +1.8 percentage points vs 02-2026 04-2026: 4.1%▲ +0.3 percentage points vs 03-2026 05-2026: 4.1%● unchanged vs 04-2026 06-2026: 5.2%▲ +1.1 percentage points vs 05-2026 07-2026: 5.3%▲ +0.1 percentage points vs 06-2026 08-2026: 8.1%▲ +2.8 percentage points vs 07-2026 09-2026: 9.4%▲ +1.3 percentage points vs 08-2026 10-2026: 15.7%▲ +6.3 percentage points vs 09-2026highest value 11-2026: 15.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 1.96 (0.82 in 2023), above the usual 1.5. Short-term debt is 50.9% and cash 38.4% of total assets. However, 50.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 44% of them on solvency, 68% on liquidity, 90% on profitability and 94% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 14-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €237,902
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2 ex-officio strike-offs in the KBO
KBO publications
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
14 days late
2023
23 days early
2022
24 days early
2021
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 4 accounts on average 18 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2

Key points

  • Positive: Equity rose in 2024from €50,147 to €116,708 ▲ 133% View
  • Board changedlatest change 02-12-2025 · 2 in office 1 joined · 1 left View

Recent changes

  1. · KBO administration Address struckevent 30-03-2026
  2. · Gazette deed Registered office moved to Sint-Pieters-Leeuw
  3. · KBO administration Address struck
All 16 events

Key facts about MOTOR EXPRESS

What is the company number of MOTOR EXPRESS?
The company number of MOTOR EXPRESS is 0764.721.670. The VAT number is the same number with BE in front: BE 0764.721.670.
What is the legal form of MOTOR EXPRESS?
The legal form of MOTOR EXPRESS is Private limited company (BV).
When was MOTOR EXPRESS founded?
MOTOR EXPRESS was founded on 05-03-2021.
Is MOTOR EXPRESS still active?
Yes, MOTOR EXPRESS is an active enterprise in the KBO register.Company details
What is the turnover of MOTOR EXPRESS?
The turnover in financial year 2024 is ≈ €640,000. This figure is estimated from the gross margin of €322,873 and 883 comparable companies of the same size. It probably lies between €450,000 and €930,000. It is a rough estimate. In financial year 2023 turnover was €1.0m.Financials
Is MOTOR EXPRESS profitable?
In financial year 2024, MOTOR EXPRESS made a profit of €66,561.
Where can I find the annual accounts of MOTOR EXPRESS?
MOTOR EXPRESS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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