MP LOGISTIC
ActiveSummary
The computed 12-month bankruptcy probability of MP LOGISTIC is 3.2% (moderate). The annual accounts of MP LOGISTIC for fiscal year 2024 show a net loss of 69% of the equity at the start of that year. The 2024 annual accounts show equity of €8k and a net result of €-19k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 6717 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-40
Solvency35▼-17
Growth52=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.19 against 1.38 in 2023; short-term debt: 83.9% and cash: 0% of total assets), and 89.5% 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.5%
Return on assets
-23.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
41 d late
2022
30 d late
2021
4 d late
2020
10 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€8k▼ 69.0%
2023 · €27k
2018: €4k
2019: €11k
2020: €14k
2021: €20k
2022: €26k
2023: €27k
2018 → 2024
Total assets
€81k▼ 19.1%
2023 · €100k
2018: €82k
2019: €194k
2020: €151k
2021: €98k
2022: €109k
2023: €100k
2018 → 2024
Net result
€-19k
2023 · €1k
2018: €9k
2019: €6k
2020: €4k
2021: €5k
2022: €7k
2023: €1k
2018 → 2024
Working capital
€13k▼ 52.5%
2023 · €27k
2018: €4k
2019: €12k
2020: €14k
2021: €20k
2022: €26k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€20k▲ 34.9%€26k▲ 33.5%€27k▲ 4.3%€8k▼ 69.0%
Operating result€11k-€7k▼ 33.3%€11k▲ 57.2%€7k▼ 38.9%€-11k
Net result€4k-€5k▲ 30.2%€7k▲ 29.3%€1k▼ 83.0%€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €7k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €81k
Equity
€8k ▼ 69.0%
Debt
€72k ▼ 0.3%
Debt's share of the balance-sheet total rises from 72.7% to 89.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.19▼
2023 · 1.38
Debt to equity
8.55▲
2023 · 2.66
ROE
-222.7%▼
2023 · 4.1%
ROA
-23.3%▼
2023 · 1.1%
Debt ≤ 1 year
€68k▼
2023 · €72k
Debt > 1 year
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€100k€81k▼
Current assets29/58€100k€81k▼
Amounts receivable within one year40/41€100k€81k▼
Trade receivables40€97k€78k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€2€14▲
Equity and liabilities
Total equity and liabilities10/49€100k€81k▼
Equity10/15€27k€8k▼
Contributions10/11€6k€6k=
Reserves13€21k€2k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€21k€2k▼
Amounts payable17/49€72k€72k▼
Amounts payable after more than one year17-€5k
Other amounts payable178/9-€5k
Amounts payable within one year42/48€72k€68k▼
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€13k€6k▼
Taxes450/3€13k€6k▼
Other amounts payable47/48€56k€56k=
Income statement
Code20232024
Remuneration, social security and pensions62€795-
Other operating charges640/8€2k€387▼
Gross operating margin9900€10k€-11k▼
Operating profit (loss)9901€7k€-11k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€2k€-19k▼
Income taxes67/77€547-
Profit (loss) for the period9904€1k€-19k▼
Profit (loss) for the period to be appropriated9905€1k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-19k▼
Transfer from equity791/2€790€19k▲
Transfer to equity691/2€2k-
To other reserves6921€2k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-19k ▼1784%
Net result drops to €-19k, the lowest in the series.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 acts for this company are 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, Brussel · 1 establishment unit since 2011
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.
Stephensonstraat 441000 BrusselGround area
808 m²
Building footprint
805 m²
Volume, LiDAR
8,572 m³
Parcel 21813E0094/00N010, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MP Logistic
since 20112.199.168.558
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813E0094/00N010 | Brussels | 808 m² | 1 · 805 m² | 15.2 m · 4 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.
Similar companies · same sector, comparable size
INS TRANS
BE 1017.331.545
Zaventem · Eq €8,440
Palmeetrans
BE 0411.521.708
Stabroek · Eq €8,408
TRAILER REPAIR EKEREN
BE 0830.995.436
Antwerpen · Eq €8,402
AR TRANSPORT SERVICE
BE 0797.457.388
Vilvoorde · Eq €8,462
SB LogisticsGroup
BE 1019.658.555
Bilzen-Hoeselt · Eq €8,391
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,620 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
49420Removal services
52210Service activities incidental to land transportation
52250Logistics services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.