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ABU BAKR

Active
Private limited company (pre-2019)founded 2018active for 7 yearsBrugsesteenweg 91, 8450 Bredene, BelgiumKBO/BCE: BE 0716.844.252
Summary

The computed 12-month bankruptcy probability of ABU BAKR is 3.5% (moderate). The 2024 annual accounts show negative equity (-€72,478) and a net result of -€24,346. Equity is shrinking by about 44% per year across the filed financial years. Its solvency ranks better than 5% of 3,515 sector peers (NACE 95, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Washing and cleaning of motor vehicles
NACE 95316
1 site
Size
€56,252turnover 2024
Equity
-€72,478
Loss
-€24,346
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Accounts 75 days overdue0 of 2 deeds read
Why 48raises riskFigures for financial year 2024 (filed 16-07-2025)1 financial year not filed after the legal deadline; 2 of the last 3 lateFounded in 2018lowers riskSize: turnover €56,252, total assets €1,307Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -5543.8% of total assets
Liquidity 50=
short-term debt 5643.8% · cash 100.0%
Profitability 0=
return on assets -1862.2%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,116 companies, NACE 95, micro)
Last 24 months 11-2024: 10.9%highest value 12-2024: 2.8%▼ -8.1 percentage points vs 11-2024 01-2025: 2.9%▲ +0.1 percentage points vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.8%▼ -0.1 percentage points vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.6%▼ -0.2 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 1.5%▼ -1.1 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.6%▲ +0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.3%▲ +0.2 percentage points vs 08-2026 10-2026: 3.5%▲ +1.2 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro): better than 6% on solvency, 47% on liquidity, 5% on profitability and 36% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 16-07-2025)
NBB · annual accounts
lowers risk · Size: turnover €56,252, total assets €1,307
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1920212324
2019 to 2024 · latest year -€72,478
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
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 16-07-2025, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
15 days early
2023
100 days late
2021
64 days late
2020
181 days late
2019
123 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 91 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€29,768

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€72,478 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€24,346 View
  • Caution: Among the weakest 5% on solvencysector median 37.2% · 3,515 companies -5543.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Turnover
€56,252
Loss
-€24,346
Solvency
-5543.8%
Turnover▲ 12.5%
Net result
20192024
Go to Financials

Timeline

Events
6
Since
2020
  1. 03-10-2022Annual accounts filed
  2. 28-01-2022Annual accounts filed
  3. 01-12-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Washing and cleaning of motor vehiclesNACE 95316
Founded
26-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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