Transport MRCE
ActiveThe computed 12-month bankruptcy probability of Transport MRCE is 2.7% (moderate). The 2025 annual accounts show equity of €89k and a net result of €32k. Equity is growing by ~68.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 4488 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82=
Solvency55▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.94 in 2024; short-term debt: 49.8% and cash: 20.4% of total assets), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.8%
Return on assets
10.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
14 d early
2024
7 d early
2023
5 d early
2022
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 55.6%
2024 · €57k
2022: €-4k
2023: €32k
2024: €57k
2022 → 2025
Total assets
€300k▲ 28.1%
2024 · €234k
2022: €235k
2023: €230k
2024: €234k
2022 → 2025
Net result
€32k▲ 27.4%
2024 · €25k
2022: €-16k
2023: €36k
2024: €25k
2022 → 2025
Working capital
€12k
2024 · €-8k
2022: €-62k
2023: €-22k
2024: €-8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-4k-€32k€57k▲ 77.5%€89k▲ 55.6%
Operating result€-13k-€45k€37k▼ 18.3%€47k▲ 25.8%
Net result€-16k-€36k€25k▼ 30.8%€32k▲ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €300k
Fixed assets
€139k▲ 27.0%
Current assets
€161k▲ 29.0%
Equity and liabilities €300k
Equity
€89k▲ 55.6%
Debt
€211k▲ 19.1%
The debt ratio falls from 75.5% to 70.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93k▲
2024 · €75k
Cash flow
€79k▲
2024 · €63k
Solvency
29.8%▲
2024 · 24.5%
Current ratio
1.08▲
2024 · 0.94
Quick ratio
1.08▲
2024 · 0.94
Debt / equity
2.36▼
2024 · 3.08
ROE
35.7%▼
2024 · 43.6%
ROA
10.7%▼
2024 · 10.7%
Interest coverage
18.39▲
2024 · 13.14
Debt
€211k▲
2024 · €177k
Debt ≤ 1 year
€149k▲
2024 · €133k
Debt > 1 year
€61k▲
2024 · €44k
Income taxes
€10k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€234k€300k▲
Fixed assets21/28€109k€139k▲
Tangible fixed assets22/27€108k€137k▲
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€25k€82k▲
Leasing and similar rights25€73k€45k▼
Financial fixed assets28€1k€2k▲
Current assets29/58€125k€161k▲
Amounts receivable within one year40/41€85k€98k▲
Trade receivables40€85k€98k▲
Cash at bank and in hand54/58€38k€61k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€234k€300k▲
Equity10/15€57k€89k▲
Contributions10/11€13k€13k=
Reserves13€45k€77k▲
Distributable reserves133€45k€77k▲
Amounts payable17/49€177k€211k▲
Amounts payable after more than one year17€44k€61k▲
Financial debts170/4€44k€61k▲
Amounts payable within one year42/48€133k€149k▲
Current portion of amounts payable after more than one year42€40k€26k▼
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€23k€53k▲
Suppliers440/4€23k€53k▲
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€19k€13k▼
Other amounts payable47/48€51k€44k▼
Accrued charges and deferred income492/3€449€136▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€47k▲
Other operating charges640/8€1k€5k▲
Non-recurring operating charges66A-€253
Gross operating margin9900€77k€98k▲
Operating profit (loss)9901€37k€47k▲
Financial income75/76B€66€2▼
Recurring financial income75€66€2▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€31k€42k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€25k€32k▲
Profit (loss) for the period to be appropriated9905€25k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€32k▼
Profit (loss) brought forward from the previous period14P€20k-
Transfer to equity691/2€45k€32k▼
To other reserves6921€45k€32k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Speyestraat 53A9990 MaldegemGround area
1,498 m²
Building footprint
170 m²
Volume, LiDAR
939 m³
Parcel 43502D0360/00F000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Transport MRCE
since 20212.324.765.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43502D0360/00F000 | Flanders | 1,498 m² | 1 · 170 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,053 EUR awarded · 3,053 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 53 EUR |
| 2024 | 1 | 53 EUR | 0 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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DEVRIESE SANDER
BE 0753.516.586
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F. Docq
BE 0660.723.814
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SEN GROUP
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 6,314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
41001General construction of residential buildings
43350Other building finishing work
46140Agents in the wholesale of industrial machinery, ships and aircraft
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.