MOTOR EXPRESS
The computed 12-month bankruptcy probability of MOTOR EXPRESS is 7.2% (elevated). The 2024 annual accounts show equity of €117k and a net result of €67k. Equity is growing by ~70.3% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €117k |
| Net result | €67k |
| Active | 5 yrs |
| Board | 2 |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €130k |
| Net profit | €67k |
| Cash flow | €114k |
| Staff costs | €186k |
| Income taxes | €17k |
| Dividends | - |
| Total assets | €238k |
| Equity | €117k |
| Debt | €121k |
| of which ≤ 1y | €121k |
| of which > 1y | - |
| Working capital | €117k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.96 |
| Quick ratio | 1.96 |
| Working capital ratio | 49.1% |
| Solvency | 49.1% |
| Debt / equity | 1.04 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 28.0% |
| ROE | 57.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €238k |
| Current assets | 29/58 | €238k |
| Amounts receivable within one year | 40/41 | €147k |
| Cash & bank | 54/58 | €91k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €238k |
| Equity | 10/15 | €117k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €112k |
| Amounts payable | 17/49 | €121k |
| Amounts payable within one year | 42/48 | €121k |
| Trade debts payable within one year | 44 | €76k |
| Income statement | ||
| Gross operating margin | 9900 | €323k |
| Operating result | 9901 | €83k |
| Result before taxes | 9903 | €83k |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €67k |
| Result to be appropriated | 9905 | €67k |
-
Current02-12-2025 → present
-
Current13-12-2024 → present
Former directors (4)
-
Former- → 02-12-2025
-
Former01-10-2024 → 13-12-2024
2 events
- 13-12-2024 Resigned· Director
- 01-10-2024 Appointed· Director
-
Former21-10-2021 → 30-09-2024
2 events
- 30-09-2024 Resigned· Director
- 21-10-2021 Appointed· Director
-
Former19-05-2021 → 21-10-2021
2 events
- 21-10-2021 Resigned· Director
- 19-05-2021 Appointed· Director
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 05-03-2021 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0492/00E000 | Flanders | 8.3 ha | 1 · 2.0 ha | 10.0 m · 3 fl. |
| 21802B0980/00A000 | Brussels | 1,713 m² | 1 · 1,641 m² | 27.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2026 Registered office moved to Sint-Pieters-Leeuw
- Bergensesteenweg 427, 1600 Sint-Pieters-Leeuw
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Bergensesteenweg 427, 1600 Sint-Pieters-Leeuw",
"city": "Sint-Pieters-Leeuw",
"region": "vlaams_gewest",
"street": "Bergensesteenweg",
"country": "BE",
"postcode": "1600",
"box_number": null,
"street_number": "427",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2026-03-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Sint-Pieters-Leeuw",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-18",
"filing_date": "2026-03-11",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-08-01",
"unanimous": null
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "ARNAL Pascal",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}02-12-2025 1 director appointed, 1 resigning
- ARNAL Pascal, Bestuurder
- VATA Jason, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VATA Jason",
"address": null,
"birth_date": null
},
"evidence_quote": "De Algemene Vergadering aanvaardt unaniem het ontslag als bestuurder van de heer VATA Jason die aanvaardt."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ARNAL Pascal",
"address": null,
"birth_date": null
},
"evidence_quote": "De Algemene Vergadering aanvaardt unaniem de benoeming van de heer ARNAL Pascal als nieuwe bestuurder die deze aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}13-12-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2024-10-02",
"evidence_quote": "De Algemene Vergadering aanvaardt unaniem de overdracht van alle aandelen (100 aandelen) van de heer ABOUGABAL Wesam aan de heer VATA Jason Mukadi, die akkoord gaat.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}22-10-2024 1 director appointed, 1 resigning
- ABOUGABAL WESAM, Bestuurder
- DONMEZ OZGU, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DONMEZ OZGU",
"address": null,
"birth_date": null
},
"effective_date": "2024-09-30",
"evidence_quote": "Er wordt door de Algemene Vergadering van 30/09/2024 unaniem besloten tot het aftreden uit de functie van bestuurder per 30/09/2024"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ABOUGABAL WESAM",
"address": null,
"birth_date": null
},
"effective_date": "2024-10-01",
"evidence_quote": "Er wordt door de Algemene Vergadering van 30/09/2024 unaniem besloten tot ... de benoeming van de heer ABOUGABAL WESAM in de functie van bestuurder per 01/10/2024."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}19-12-2022 Registered office moved from VILVOORDE to BRUSSEL
- LEUVENSESTEENWEG 110, 1800 VILVOORDE → VERDUNSTRAAT 750, 1130 BRUSSEL
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "BRUSSEL",
"region": "Brussels Gewest",
"street": "VERDUNSTRAAT",
"country": "BE",
"postcode": "1130",
"box_number": null,
"street_number": "750"
},
"old_address": {
"city": "VILVOORDE",
"region": "Vlaams Gewest",
"street": "LEUVENSESTEENWEG",
"country": "BE",
"postcode": "1800",
"box_number": null,
"street_number": "110"
},
"effective_date": "2022-05-09",
"evidence_quote": "De maatschappelijke zetel te verplaatsen naar de VERDUNSTRAAT 750 te 1130 BRUSSEL."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}10-11-2021 1 director appointed, 1 resigning
- DÖNMEZ ÖZGÜ, Bestuurder
- CELIK MUHARREM, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CELIK MUHARREM",
"address": null,
"birth_date": null
},
"effective_date": "2021-10-21",
"evidence_quote": "Het ontsiag als bestuurder en aandeelhouder van Meneer CELIK MUHARRE\u041C."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "D\u00D6NMEZ \u00D6ZG\u00DC",
"address": null,
"birth_date": null
},
"effective_date": "2021-10-21",
"evidence_quote": "De benoeming als bestuurder en aandeelhouder van Mevrouw D\u00D6NMEZ \u00D6ZG\u00DC."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}02-06-2021 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-05-19",
"evidence_quote": "De heer FUSSEN GEOFFREY draagt zijn 100 aandelen over aan de heer CELIK MUHARREM.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
}
}09-03-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1800 Vilvoorde, Leuvensesteenweg 110",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-09-09",
"name": "FUSSEN Geoffrey Serge Jacques",
"niss": null,
"address": "6220 Fleurus, Charleroisesteenweg 189 bus 0005"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "FUSSEN Geoffrey Serge Jacques",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0764.721.670",
"name_full": "MOTOR EXPRESS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-03-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MOTOR EXPRESS |
- 23-02-2026 Address struck