Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 11.4 to 6.5.
Financials
Financial year 2024
MAY COURIER INTERNATIONAL from Mechelen, company number BE0430847175, closed financial year 2024 with a result of € -169,060 after tax. For that financial year MAY COURIER INTERNATIONAL recorded a gross margin of € 352,087 and equity of € -642,227. Compared with financial year 2023, the result moved from € -516,189 to € -169,060. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2025.
€ -642,227
▼ € 169,060 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -169,060
▲ 67 % less loss than in 2023
Profit after tax over the fiscal year.
€ 13,058
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -660,819.
People and assets in 2024
6.5
▼ 1.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 381,790
▼ 22% vs 2023
€ 58,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,781
▼ 31% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 320,916
▼ 9% vs 2023
Loans from banks and other lenders, long and short.
€ 2.1 million
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 129,378
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 833,797 | € 905,357 | € 153,651 | € 352,087 | ▲ 129% |
| Profit after taxes | € 9,453 | € 208,042 | € -516,189 | € -169,060 | ▲ € 347,128 |
| Equity | € -165,020 | € 43,022 | € -473,167 | € -642,227 | ▼ € 169,060 |
| Total debts | € 3,832,119 | € 2,353,796 | € 3,111,213 | € 2,611,243 | ▼ 16% |
| Cash | € 26,148 | € 7,991 | € 145,503 | € 13,058 | ▼ 91% |
| Retained profit | € -183,612 | € 24,430 | € -491,759 | € -660,819 | ▼ € 169,060 |
| Bank debt | € 1,302,438 | € 81,945 | € 351,749 | € 320,916 | ▼ 9% |
| Balance sheet total | € 3,667,098 | € 2,396,818 | € 2,638,046 | € 1,969,017 | ▼ 25% |
| Employees (FTE) | - | 11.4 | 8.4 | 6.5 | ▼ 1.9 |
Key figures of MAY COURIER INTERNATIONAL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAY COURIER INTERNATIONAL?
What happened at MAY COURIER INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 169,060. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,453 profit in 2021 to € 169,060 loss in 2024.
Paid € 9,266 in corporate taxes since 2021.
Best year ever: 2022, with € 208,042 profit.
On average € 54,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAY COURIER INTERNATIONAL is Magda Verdyck. Magda Verdyck is also behind Fleet4U.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Zandvoortstraat 5
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0430.847.175
- VAT number
- BE 0430.847.175
- Registered office
- Zandvoortstraat 5, 2800 Mechelen
- Names & denominations
- MAY COURIER INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1987
- Peppol
- Active · Active since 9 Jan 2026
- Contact
- maycourier.be
- Activities · NACE
Logistieke diensten
Expeditiekantoren
Goederenvervoer over de weg
Overige vervoerondersteunende activiteiten