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MTD Maritime Services

Active
Private limited companyfounded 2005active for 21 yearsScheldelaan zn, 2030 Antwerpen, BelgiumKBO/BCE: BE 0872.380.386
Summary

MTD Maritime Services has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €752,876. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 27% of 2,362 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Freight transport by road
NACE 49410Other business support services NACE 82990
1 site
Size
€6.2mtotal assets 2025
Staff
12.7 FTE
Equity
€1.2m
Profit
€752,876
Turnover not published (abbreviated format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
MARTENS-MTD ANTWERPEN · 100%
Accounts 20 days early1 of 9 deeds read
Why 85raises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 2005Size: 12.7 FTE, total assets €6.2mFigures for financial year 2025 (filed 10-04-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Average
Solvency 45+1
equity 19.9% of total assets
Liquidity 23-5
short-term debt 69.1% · cash 7.6%
Profitability 84+3
return on assets 12.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.98, compared with 1.01 in 2024, below 1; short-term debt: 69.1% and cash: 7.6% of total assets), and 80.1% 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, small): better than 24% on solvency, 14% on liquidity, 85% on profitability and 31% on growth.

The bankruptcy probability was computed on 22-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 12.7 FTE, total assets €6.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 10-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 days early
2024
27 days early
2023
40 days early
2022
27 days early
2021
38 days early
2020
23 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end23-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €22,742 · 2,358 companies €752,876 View
  • Controlled by MARTENS-MTD ANTWERPENultimately: Cleaning and Environmental Technology… 100% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €752,876 7 years View

By topic

Financials

Financial year
2025
Total assets
€6.2m
Profit
€752,876
Solvency
19.9%
Total assets▼ 5.0%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
MARTENS-MTD ANTWERPEN · 100%
  • Cleaning and Environmental Technology investManaging director
  • MARTENS-MTD ANTWERPENManaging director
Go to Board & ownership

Timeline

Events
23
Since
2006
Next accounts
by 30-04-2027
  1. 29-01-2024Resignations: BEAVER CREEK, FIVANCO and MARTENS-MTD ANTWERPEN
  2. 03-04-2023Annual accounts filed
  3. 30-09-2022Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
09-03-2005
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Third Friday of March at 13:00
Purpose
“Het vervoer van alle goederen,zowel langs de weg,per spoor,over het water als door de…” (deed in Dutch)
Go to Articles of association

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