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Generated 04-09-2026
Active BE 0798.830.929Private limited company

MTK Transport

Baron Van Loolaan 4 ·9940 Evergem, Belgium· 3 yrs active
Sector: Freight transport by road (49410)
Conclusion Checked

The computed 12-month bankruptcy probability of MTK Transport is 4.5% (elevated). The 2024 annual accounts show equity of €84k and a net result of €83k. Its solvency ranks better than 81% of 2276 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €84k
Net result €83k
Staff (FTE) 1.5
Better than sector 81%
Financial profile 4 of 5 axes measured · computed by Checked
Health68Profitability100Solvency74Growth-Stability79
80 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68
Profitability 100
Solvency 74
Growth -
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
4.5% Elevated
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2024 · computed
68 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€6k
estimate, not credit advice
Score components
Liquidity Current ratio 0.91 (< 1.0) -10
Leverage Debt/equity 0.65 (< 1.0) +10
Profitability ROE 99% (≥ 10%) +10
Interest coverage Interest coverage 144.8× (≥ 3×) +8
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 27-07-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 49, Land transport and transport via pipelines · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 60.5% 27.3%
better than 81% of 2276 sector peers
Net result €83k €5k
better than 95% of 2257 sector peers
Equity €84k €17k
better than 87% of 2281 sector peers
Gross operating margin €332k €28k
better than 95% of 2245 sector peers
Staff costs €170k €37k
higher than 86% of 1028 sector peers
Figures by fiscal year and ratios
Fiscal year2024
Depositmicro schema
Revenue-
EBITDA€134k
Net profit€83k
Cash flow€103k
Staff costs€170k
Income taxes€29k
Dividends-
Total assets€138k
Equity€84k
Debt€55k
of which ≤ 1y€55k
of which > 1y-
Working capital€-5k
Employees (FTE)1.5
Ratios (computed)
2024
Current ratio0.91
Quick ratio0.91
Working capital ratio-3.7%
Solvency60.5%
Debt / equity0.65
Long-term debt ratio-
Interest coverage144.77
Gross margin-
Net margin-
ROA59.8%
ROE98.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€138k
Fixed assets 21/28€89k
Tangible fixed assets 22/27€78k
Financial fixed assets 28€11k
Current assets 29/58€49k
Amounts receivable within one year 40/41€37k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€138k
Equity 10/15€84k
Contributions / capital 10/11€1k
Reserves 13€83k
Amounts payable 17/49€55k
Amounts payable within one year 42/48€55k
Trade debts payable within one year 44€10k
Income statement
Gross operating margin 9900€332k
Operating result 9901€113k
Financial income 75€79
Financial charges 65€923
Result before taxes 9903€112k
Income taxes 67/77€29k
Net result for the period 9904€83k
Result to be appropriated 9905€83k
Legal Structure
NACE primary Freight transport by road(49410)
Legal form Private limited company(610)
Incorporation24-02-2023
StatusActive
Postal code9940
Establishment units 2 locations
MTK Transport
Baron Van Loolaan 4, 9940 EvergemFreight transport by road
since 20232.342.585.038
Mtk transport
Kazemattenstraat 37, 9000 GentOther postal and courier activities
since 20252.372.367.602
Real-estate footprint Source: CBE × cadastre
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44019A1330/00G000 Flanders 1,848 m² 1 · 1,026 m² 0.1 m
44804D0568/00D000 Flanders 49 m² 1 · 49 m² 11.7 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events
2025
27-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
23-08
State Gazette act Capital & shares
State Gazette actNBB filing
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
23-08-2023
Capital change
All acts · 1 updated 3 years ago
2023
23-08-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Karakaya Yusuf",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_buyback",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-08-23",
    "filing_date": "2023-08-09",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2023-08-09",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-08-02"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0798.830.929",
    "name_full": "MTK Transport",
    "legal_form": "Besloten vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Ahmed Kadrie",
      "role": "simple_associ\u00E9",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Karakaya Yusuf",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Freight transport by road49410Other postal and courier activities53200
Names & trade names
Legal nameNL MTK Transport
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative