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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MTS LOGISTICS from Turnhout, company number BE0769557814, closed financial year 2024 with a result of € -180,737 after tax. For that financial year MTS LOGISTICS recorded a gross margin of € 802,415 and equity of € -168,062. Compared with financial year 2023, the result moved from € -14,742 to € -180,737. 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 August 28, 2025.
€ -168,062
▼ € 180,737 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -180,737
▼ 1126 % more loss than in 2023
Profit after tax over the fiscal year.
€ 33,572
▲ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,062.
People and assets in 2024
12.9
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 863,235
▲ 8% vs 2023
€ 66,900 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.
€ 391,279
▲ 7% vs 2023
Of which on lease € 371,649.
Debts at end 2024
€ 414,043
€ 62,328 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 285,257
▲ 58% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 92,619
▲ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 153,773 | € 730,658 | € 862,859 | € 802,415 | ▼ 7% |
| Profit after taxes | € 304 | € 2,216 | € -14,742 | € -180,737 | ▼ € 165,994 |
| Equity | € 25,304 | € 27,520 | € 12,674 | € -168,062 | ▼ € 180,737 |
| Total debts | € 148,020 | € 527,210 | € 687,127 | € 791,919 | ▲ 15% |
| Cash | € 42,664 | € 24,243 | € 23,693 | € 33,572 | ▲ 42% |
| Retained profit | € 304 | € 2,520 | € -12,326 | € -193,062 | ▼ € 180,737 |
| Bank debt | € 25,000 | € 286,671 | € 413,505 | € 414,043 | |
| Balance sheet total | € 173,324 | € 554,730 | € 699,801 | € 623,857 | ▼ 11% |
| Employees (FTE) | - | 10.6 | 12.8 | 12.9 | ▲ 0.1 |
Key figures of MTS LOGISTICS, 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 MTS LOGISTICS?
What happened at MTS LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 180,737. filed late Source: NBB ↗
- Steven Julia Meeus became a director. NBB
- Eska Bestuur became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 304 profit in 2021 to € 180,737 loss in 2024.
Paid € 2,016 in corporate taxes since 2021.
Best year ever: 2022, with € 2,216 profit.
On average € 62,200 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
The stake of ESKA BESTUUR, CONSEQUENCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MTS LOGISTICSBehind MTS LOGISTICS are Steven Julia Meeus and Eska Bestuur. The shares are held by ESKA BESTUUR (90%) and CONSEQUENCE (10%).
Directors
According to the 2024 annual accounts
Steven Julia Meeus
Vaste vertegenwoordiger
Also active at: DE BACKER TRANSPORT, ESKA BESTUUR, ESKATRANS
since 2023
since 2023
Shareholders
90%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Muizenvenstraat 2
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0769.557.814
- VAT number
- BE 0769.557.814
- Registered office
- Muizenvenstraat 2, 2300 Turnhout
- Names & denominations
- MTS LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2021
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Goederenvervoer over de weg
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