Financials
- Fiscal year
- 2024
- Total assets
- €12,815
- Loss
- -€14,980
- Solvency
- 40.7%
Total assets▼ 72.7%
Net result
20232024
AA NEW CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of AA NEW CONCEPT is 14.2% (high). The annual accounts of AA NEW CONCEPT for fiscal year 2024 show a net loss of 117% of total assets and of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €5,215 and a net result of -€14,980. Its solvency ranks better than 53% of 3543 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Washing and cleaning of motor vehicles
NACE 95316
1 site
Size
€12,815total assets 2024
- Equity
- €5,215
- Loss
- -€14,980
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts 64 d overdue1 of 7 deeds read
Why 28- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 16-07-2025)- 1 financial year not filed after the legal deadline+ Size: total assets €12,815Show the evidence
Checked score
Score 2024
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 23% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
66-2
equity 40.7% of total assets
Liquidity
38-14
short-term debt 59.3%
Profitability
0-100
return on assets -116.9%
Bankruptcy probability, 12 months
14.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.6%
12-2024: 1.6%▼ -1.5% vs 11-2024lowest value
01-2025: 1.6%● 0.0% vs 12-2024lowest value
02-2025: 1.6%● 0.0% vs 01-2025lowest value
03-2025: 1.6%▲ +1.8% vs 02-2025
04-2025: 2.0%▲ +19.9% vs 03-2025
05-2025: 2.3%▲ +19.4% vs 04-2025
06-2025: 2.3%▼ -1.2% vs 05-2025
07-2025: 2.4%▲ +3.8% vs 06-2025
08-2025: 8.6%▲ +259% vs 07-2025
09-2025: 8.6%● 0.0% vs 08-2025
10-2025: 8.6%● 0.0% vs 09-2025
11-2025: 8.6%● 0.0% vs 10-2025
12-2025: 7.6%▼ -11.0% vs 11-2025
01-2026: 7.6%● 0.0% vs 12-2025
02-2026: 7.6%● 0.0% vs 01-2026
03-2026: 7.6%▼ -1.0% vs 02-2026
04-2026: 8.1%▲ +7.1% vs 03-2026
05-2026: 8.2%▲ +1.6% vs 04-2026
06-2026: 8.4%▲ +2.2% vs 05-2026
07-2026: 8.4%▲ +0.3% vs 06-2026
08-2026: 9.5%▲ +12.0% vs 07-2026
09-2026: 9.8%▲ +3.3% vs 08-2026
10-2026: 14.2%▲ +45.8% vs 09-2026highest value
- 2 changes of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 16-07-2025) raises the probability
- Size: total assets €12,815 lowers the probability for this profile
- 1 financial year not filed after the legal deadline raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.15 against 1.22 in 2023; short-term debt: 59.3% of total assets), and 59.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 51%, liquidity 31%, profitability 5%, growth against the median 7%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 15-07-2025, 16 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Resignations: Ahalouch Karim, Waziri Kamran and…Appointment: Ahkim Mohamed Karim (director)…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 3
- Since
- 2024
- 20-07-2026Resignations: Ahalouch Karim, Waziri Kamran and Khogyanai…
- 15-07-2025Annual accounts filed
- 23-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Founded
- 20-04-2022
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.