Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MA CAMPAGNE EXPRESS from Sint-Gillis (bij-Brussel), company number BE0818174412, closed financial year 2025 with a result of € 74,928 after tax. For that financial year MA CAMPAGNE EXPRESS recorded a gross margin of € 488,079 and equity of € 92,993. Compared with financial year 2024, the result moved from € -115,689 to € 74,928. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 92,993
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,928
▲ still € 115,689 loss in 2024
Profit after tax over the fiscal year.
€ 136,767
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 55,000 paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
21
▲ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 342,892
▲ 11% vs 2024
€ 16,300 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.
€ 7,442
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,896
▼ 63% vs 2024
Loans from banks and other lenders, long and short.
€ 319,786
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,406
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 336,863 | € 417,614 | € 258,386 | € 488,079 | ▲ 89% |
| Profit after taxes | € 18,855 | € 62,594 | € -115,689 | € 74,928 | ▲ € 190,617 |
| Equity | € 245,562 | € 182,371 | € 74,314 | € 92,993 | ▲ 25% |
| Total debts | € 687,458 | € 620,274 | € 681,074 | € 559,704 | ▼ 18% |
| Cash | € 158,297 | € 180,674 | € 137,465 | € 136,767 | ▼ 1% |
| Retained profit | € 235,791 | € 174,385 | € 58,695 | € 78,623 | ▲ 34% |
| Dividend | € 42,541 | € 124,000 | € 0 | € 55,000 | |
| Bank debt | € 94,573 | € 68,909 | € 42,687 | € 15,896 | ▼ 63% |
| Balance sheet total | € 944,289 | € 813,913 | € 766,657 | € 663,965 | ▼ 13% |
| Employees (FTE) | 13.4 | 17.6 | 18.4 | 21 | ▲ 2.6 |
Key figures of MA CAMPAGNE EXPRESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MA CAMPAGNE EXPRESS?
What happened at MA CAMPAGNE EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,928. Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Ramazan Ozturk became a director. NBB
- Ali Ozturk became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,855 profit in 2022 to € 74,928 profit in 2025.
Paid € 25,526 in corporate taxes since 2022.
Best year ever: 2025, with € 74,928 profit.
On average € 23,200 of value added per employee in 2025.
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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 MA CAMPAGNE EXPRESS are Ramazan Ozturk and Ali Ozturk. Ramazan Ozturk is also behind DNZ Holding and E.R.A. Express.
Directors
According to the 2025 annual accounts
since 2009
Ali Ozturk
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Waterlose Steenweg 253-255
1060 Sint-Gillis (bij-Brussel)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.174.412
- VAT number
- BE 0818.174.412
- Registered office
- Waterlose Steenweg 253-255, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- MA CAMPAGNE EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2009
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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