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Complete company report
Generated 23-07-2026
Active BE 0715.564.941Private limited company (pre-2019)

MTS

· 7 yrs active
Sector: Taxi operation (49320)
Conclusion Checked

The computed 12-month bankruptcy probability of MTS is 19.9% (high). The 2022 annual accounts show equity of €34k and a net result of €-5k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 1276 sector peers (fiscal year 2022). The company has been active since 2018 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €34k
Net result €-5k
Better than sector 87%
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health42Profitability4Solvency100Growth85Stability92
65 / 100

Strong profile, led by solvency.

Health 42
Profitability 4
Solvency 100
Growth 85
Stability 92
Bankruptcy probability (12 mo) Checked model v1 · free
19.9% High
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Recent warning signals +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
3 / 100
Low risk
Components
· 1 administrative flag (+3)
Trust signals 2 signals
More than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administrative Flags 1 events
Address struck
Health barometer FY 2022 · computed
42 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 05-10-2023 with the NBB · fiscal year 2022 · micro
€-50k€0€50k€100k€150kRevenue 2019: €30k€30kOperating result 2019: €-11k€-11kNet result 2019: €-9k€-9kRevenue 2020: €101k€101kOperating result 2020: €22k€22kNet result 2020: €13k€13kRevenue 2021: €98k€98kOperating result 2021: €8k€8kNet result 2021: €6k€6kRevenue 2022: €163k€163kOperating result 2022: €-4k€-4kNet result 2022: €-5k€-5k2019202020212022
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~21.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k€80k2023: €47k (€35k - €58k)2024: €54k (€36k - €72k)2025: €61k (€36k - €86k)2019: €10k2020: €32k2021: €38k2022: €34k2019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

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).

Sector comparison
Fiscal year 2022 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 73.4% 28.3%
better than 87% of 1276 sector peers
Net result €-5k €4k
better than 20% of 1265 sector peers
Equity €34k €17k
better than 69% of 1285 sector peers
Gross operating margin €4k €26k
better than 24% of 1258 sector peers
Staff costs €4k €38k
higher than 18% of 548 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€163k
+67.2% far above sector median
EBITDA
€-773
- far below sector median
Net profit
€-5k
- far below sector median
Cash flow
€-1k
- far below sector median
Total assets
€46k
-13.4% -78% vs sector
Equity
€34k
-11.9% -51% vs sector
Working capital
€30k
-4.8% far above sector median
Staff costs
€4k
-32.7% -98% vs sector
Debt
€12k
-17.5% -94% vs sector
Debt ≤ 1y
€12k
-17.5% -92% vs sector
Current ratio
3.43
+10.4% far above sector median
Quick ratio
3.43
+10.4% far above sector median
Solvency
73.4%
+1.8% +119% vs sector
Debt / equity
0.36
-6.4% -73% vs sector
ROE
-13.5%
- far below sector median
ROA
-9.9%
- far below sector median
Net margin
-2.8%
- far below sector median
EBITDA margin
-0.5%
- far below sector median
Interest coverage
-1.07
- far below sector median
Figures by fiscal year
Fiscal year2022
Revenue€163k
EBITDA€-773
Net profit€-5k
Cash flow€-1k
Staff costs€4k
Income taxes-
Dividends-
Total assets€46k
Equity€34k
Debt€12k
of which ≤ 1y€12k
of which > 1y-
Working capital€30k
Employees (FTE)-
Ratios (computed)
2022
Current ratio3.43
Quick ratio3.43
Working capital ratio64.7%
Solvency73.4%
Debt / equity0.36
Long-term debt ratio-
Interest coverage-1.07
Gross margin2.6%
Net margin-2.8%
ROA-9.9%
ROE-13.5%
EBITDA margin-0.5%
Days sales outstanding2d
Days payable outstanding28d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€46k
Fixed assets 21/28€4k
Formation expenses 20€200
Tangible fixed assets 22/27€4k
Current assets 29/58€42k
Amounts receivable within one year 40/41€38k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€46k
Equity 10/15€34k
Contributions / capital 10/11€19k
Reserves 13€316
Accumulated profits (losses) 14€15k
Amounts payable 17/49€12k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€12k
Income statement
Turnover 70€163k
Gross operating margin 9900€4k
Operating result 9901€-4k
Financial charges 65€724
Result before taxes 9903€-5k
Net result for the period 9904€-5k
Result to be appropriated 9905€-5k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Taxi operation(49320)
Legal form Private limited company (pre-2019)(015)
Incorporation06-12-2018
StatusActive
Postal code-
Establishment units 2 locations
MTS
Exploitatie van schoolbussen, personeelsbussen, buslijnen van en naar een vliegveld, enz.
since 20182.282.469.584
MTS SERVICES
Pierre Verscheldenstraat 31, 1090 JetteVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20192.302.561.947
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (33.3%) Brussels 2 (66.7%)
Parcel (capakey) Region Area Buildings Height / fl.
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3 fl.
21492B0043/00P002 Brussels 426 m² 1 · 116 m² 18.2 m · 5 fl.
21010B0160/00Y005 Brussels 264 m² 1 · 102 m² 13.0 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-10-2025
KBO administration Address struck
17-02-2025
State Gazette act Capital & shares
2024
13-08-2024
State Gazette act Director changes
17-07-2024
State Gazette act Director changes
2023
31-10-2023
State Gazette act Director changes
05-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
01-06-2023
State Gazette act Director changes
28-03-2023
State Gazette act Director changes
2022
30-12-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
25-11-2022
State Gazette act Capital & shares
07-07-2022
State Gazette act Capital & shares
15-06-2022
State Gazette act Capital & shares
2021
19-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
19-11-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals 1 events
20-10-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-20 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 9 acts
Capital history · 4
17-02-2025
Capital change
25-11-2022
Capital change
07-07-2022
Capital change
15-06-2022
Capital change
All acts · 9 updated 1 year ago
2025
17-02-2025 Transaction in capital or shares Capital & shares
Technical details 
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    "pub_date": "2025-02-17",
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    "act_date": "2025-02-10",
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    "underlying_resolution_date": "2024-12-26"
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2024
13-08-2024 1 director appointed, 3 resigning Director changes
  • ACHAB MOUNIR, Bestuurder
  • EL MAILI NOUR EDDINE, Bestuurder
  • LOUZARI HICHAM, Bestuurder
  • GHBALOU ABDESSELAM, Bestuurder
Technical details 
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      "effective_date": "2024-06-17",
      "evidence_quote": "Het ontslag van de Dhr. EL MAILI NOUR EDDINE van zijn functle van Bestuurder en hij ontslagen voor zljn termljn verstreken en dit met Ingang van 17/06/2024.",
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      "evidence_quote": "Het ontslag van de Dhr. LOUZARI HICHAM van zijn functle van Bestuurder en hij ontslagen voor zijn termijn verstreken en dit met ingang van 17/06/2024.",
      "decharge_status": null,
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    {
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      "effective_date": "2024-06-17",
      "evidence_quote": "Het ontslag van de Dhr. GHBALOU ABDESSELAM van zijn functie van Bestuurder en hij ontslagen voor zijn termijn verstreken en dit met ingang van 17/06/2024,",
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      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "substantive_delegation",
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        "name": "EL MAILI NOUR EDDINE",
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      },
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      "effective_date": null,
      "evidence_quote": "De aandelen van Dhr. EL MAILI NOUR EDDINE zijnde 15 aandelen over te dragen Aan Dhr. ACHAB MOUNIR.",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "director_in",
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      "person": {
        "rrn": null,
        "name": "ACHAB MOUNIR",
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      },
      "reason": null,
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      "evidence_quote": "Bestuurder: ACHAB MOUNIR",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
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  ],
  "notary": {
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  },
  "act_meta": {
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    "pub_date": "2024-08-13",
    "filing_date": "2024-08-01",
    "act_kind_objet": "Onderwerp akte:"
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  "decisions": [
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      "date": "2024-06-17",
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}
17-07-2024 2 directors appointed Director changes
  • GHBALOU ABDESSELAM, Bestuurder
  • EL MAILI NOUR EDDINE, Bestuurder
Technical details 
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      "evidence_quote": "De benoeming tot de functie van gratis Bestuurder (onbetaald) van de Dhr. GHBALOU ABDESSELAM die aanvaardt en met ingang van 08/07/2024,",
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}
2023
31-10-2023 ACHAB MOUNIR appointed as director Director changes
  • ACHAB MOUNIR, Bestuurder
Technical details 
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  "notary": {
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    "office_city": "Antwerpen",
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  },
  "act_meta": {
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    "pub_date": "2023-10-31",
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  "decisions": [
    {
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      "date": "2023-10-05",
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}
01-06-2023 1 director appointed, 1 resigning Director changes
  • EL KHADIRI YOUSSEF, Bestuurder
  • ACHAB MOUNIR, Bestuurder
Technical details 
{
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      "effective_date": "2023-05-12",
      "evidence_quote": "De benoeming tot de functie van gratis Bestuurder (onbetaald) van de Dhr. EL KHADIRI YOUSSEF, die aanvaardt en met ingang van 12/05/2023.",
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      "role": "bestuurder",
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28-03-2023 1 director appointed, 1 resigning Director changes
  • ACHAB MOUNIR, Bestuurder
  • BENADDI MOHAMED, Bestuurder
Technical details 
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2022
25-11-2022 Transaction in capital or shares Capital & shares
Technical details 
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07-07-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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          "kbo": null,
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          "kind": "person",
          "name": "EL MAILI NOUR EDDINE",
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15-06-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Personenvervoer over de weg zonder dienstregeling49320Overig personenvervoer te land, n.e.g.49390Goederenvervoer over de weg49410Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330
Primary activity highlighted.
Names & trade names
Legal nameNL MTS
Registration history
  1. 20-10-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative