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MWM LOGISTICS

Active
Private limited companyfounded 2010active for 16 yearsVliegveld 743, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0822.742.221
Summary

MWM LOGISTICS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€145,155) and a net result of €87,300. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 8% of 1,053 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Freight transport by road
NACE 49410Removal services NACE 49420
9th largest company by total assets in Steenokkerzeel, Transport and storage sector1 site
Size
€3.4mtotal assets 2025
Staff
38 FTE
Equity
-€145,155
Profit
€87,300
Net result -69%: other schema
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts filed 21 days late0 of 10 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€145,155Sector: Land transport and transport via pipelines (NACE 49)lowers riskFigures for financial year 2025 (filed 21-08-2026)Founded in 2010Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 49, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 21+3
equity -4.3% of total assets
Liquidity 21=
short-term debt 76.2% · cash 10.2%
Profitability 51-29
return on assets 2.6%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,180 companies, NACE 49, small)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.9%▲ +0.2 percentage points vs 02-2025 04-2025: 2.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%▼ -0.1 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.4 percentage points vs 06-2025 08-2025: 2.9%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -2.6 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.2 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 1.0, compared with 1.02 in 2024, below 1; short-term debt: 76.2% and cash: 10.2% of total assets), and equity is negative.
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 5% on solvency, 13% on liquidity, 16% on profitability and 89% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€145,155
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 21-08-2026)
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1053 sector peers (2025).
NBB · sector comparison
Position among 1053 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
18 days late
2023
20 days late
2022
29 days late
2021
30 days late
2020
28 days late
2019
46 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 14 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€145,155 View
  • Caution: Among the weakest 5% on equitysector median €1.0m · 1,052 companies -€145,155 View
  • Caution: Result fell in 2025different schema filed ▼ 69.2% View
  • Positive: 6 profitable years in a rowprofit 2025: €87,300 6 years View

By topic

Financials

Financial year
2025
Total assets
€3.4m
Profit
€87,300
Solvency
-4.3%
Total assets▲ 3.3%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2011
Next accounts
by 31-07-2027
  1. 29-08-2023Annual accounts filed
  2. 30-08-2022Annual accounts filed
  3. 31-12-2021Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
29-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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