ACHRAF
ActiveSummary
The computed 12-month bankruptcy probability of ACHRAF is 3.9% (moderate). The 2024 annual accounts show negative equity (-€57,766) and a net result of -€62,003. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6719 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-30
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.57 in 2023; short-term debt: 189.7% and cash: 5.7% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-89.7%
Return on assets
-96.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€57,766
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#8 oldest company in Sint-Gillis, Transport and storage sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€62,003▼ 90.6%
2023 · -€32,531
Working capital
-€93,852▼ 150%
2023 · -€37,581
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,116▼ 72.7%€14,543▲ 587%€17,010▲ 17.0%-€31,615-€61,421▼ 94.3%
Net result€1,871within the sector's middle half▼ 75.7%€14,435within the sector's middle half▲ 672%€15,085within the sector's middle half▲ 4.5%-€32,531below the sector's middle half-€62,003below the sector's middle half▼ 90.6%
Equity€7,248below the sector's middle half▲ 34.8%€21,683within the sector's middle half▲ 199%€36,769within the sector's middle half▲ 69.6%€4,238below the sector's middle half▼ 88.5%-€57,766below the sector's middle half
Total assets€17,436below the sector's middle half▲ 20.2%€25,159below the sector's middle half▲ 44.3%€39,459below the sector's middle half▲ 56.8%€92,519within the sector's middle half▲ 134%€64,425within the sector's middle half▼ 30.4%
Debt€10,189▲ 11.6%€3,476▼ 65.9%€2,690▼ 22.6%€88,281▲ 3,182%€122,191▲ 38.4%
Working capital€6,980▲ 318%€19,690▲ 182%€23,882▲ 21.3%-€37,581-€93,852▼ 150%
Solvency41.6%within the sector's middle half▲ 4.5pp86.2%above the sector's middle half▲ 44.6pp93.2%above the sector's middle half▲ 7.0pp4.6%below the sector's middle half▼ 88.6pp-89.7%below the sector's middle half▼ 94.2pp
Staff (FTE)0.3below the sector's middle half▲ 200%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €61,421 in 2024 against €31,615 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64,425
Fixed assets
€36,087 ▼ 13.7%
Current assets
€28,338 ▼ 44.1%
Key figures and ratios
EBITDA
-€51,276▼
2023 · -€24,301
Cash flow
-€51,859▼
2023 · -€25,217
Current ratio
0.23▼
2023 · 0.57
Quick ratio
0.04▼
2023 · 0.13
Debt to equity
-2.12▼
2023 · 20.83
ROA
-96.2%▼
2023 · -35.2%
Interest coverage
-86.50▼
2023 · -23.26
Debt ≤ 1 year
€122,191▲
2023 · €88,281
Staff costs
€34,014▲
2023 · €26,570
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €10,576 | €26,570 | €34,014 | ▲ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,659 | €3,994 | €3,279 | €7,314 | €10,144 | ▲ 38.7% |
| Other operating charges640/8 | - | €150 | €370 | €1,041 | €1,352 | ▲ 29.8% |
| Gross operating margin9900 | €14,781 | €18,687 | €31,236 | €3,310 | -€15,911 | ▼ 581% |
| Operating profit (loss)9901 | €2,116 | €14,543 | €17,010 | -€31,615 | -€61,421 | ▼ 94.3% |
| Financial income75/76B | - | - | €128 | €129 | €10 | ▼ 92.0% |
| Recurring financial income75 | €0 | - | €128 | €129 | €10 | ▼ 92.0% |
| Financial charges65/66B | - | €108 | €2,053 | €1,045 | €593 | ▼ 43.3% |
| Recurring financial charges65 | €245 | €108 | €2,053 | €1,045 | €593 | ▼ 43.3% |
| Profit (loss) for the period before taxes9903 | €1,871 | €14,435 | €15,085 | -€32,531 | -€62,003 | ▼ 90.6% |
| Profit (loss) for the period9904 | €1,871 | €14,435 | €15,085 | -€32,531 | -€62,003 | ▼ 90.6% |
| Profit (loss) for the period to be appropriated9905 | €1,871 | €14,435 | €15,085 | -€32,531 | -€62,003 | ▼ 90.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,436 | €25,159 | €39,459 | €92,519 | €64,425 | ▼ 30.4% |
| Fixed assets21/28 | €8,262 | €4,988 | €12,886 | €41,819 | €36,087 | ▼ 13.7% |
| Intangible fixed assets21 | - | - | - | €3,545 | €2,635 | ▼ 25.7% |
| Tangible fixed assets22/27 | €7,862 | €4,588 | €12,686 | €38,074 | €33,252 | ▼ 12.7% |
| Plant, machinery and equipment23 | - | - | - | €705 | €538 | ▼ 23.6% |
| Furniture and vehicles24 | - | €4,588 | €12,686 | €9,867 | €8,578 | ▼ 13.1% |
| Other tangible fixed assets26 | - | - | - | €27,502 | €24,136 | ▼ 12.2% |
| Financial fixed assets28 | €400 | €400 | €200 | €200 | €200 | = |
| Current assets29/58 | €9,174 | €20,171 | €26,573 | €50,700 | €28,338 | ▼ 44.1% |
| Stocks and contracts in progress3 | - | - | - | €39,468 | €24,014 | ▼ 39.2% |
| Stocks30/36 | - | - | - | €39,468 | €24,014 | ▼ 39.2% |
| Amounts receivable within one year40/41 | €657 | €346 | €2,363 | €640 | €0 | ▼ 100% |
| Trade receivables40 | - | €231 | €73 | €84 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €115 | €2,290 | €557 | - | - |
| Cash at bank and in hand54/58 | €8,179 | €19,737 | €23,931 | €9,966 | €3,701 | ▼ 62.9% |
| Deferred charges and accrued income490/1 | - | €89 | €279 | €626 | €623 | ▼ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,436 | €25,159 | €39,459 | €92,519 | €64,425 | ▼ 30.4% |
| Equity10/15 | €7,248 | €21,683 | €36,769 | €4,238 | -€57,766 | ▼ 1,463% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€13,203 | €1,232 | €16,317 | -€16,214 | -€78,217 | ▼ 382% |
| Amounts payable17/49 | €10,189 | €3,476 | €2,690 | €88,281 | €122,191 | ▲ 38.4% |
| Amounts payable after more than one year17 | €7,994 | €2,994 | - | - | - | - |
| Other amounts payable178/9 | - | €2,994 | - | - | - | - |
| Amounts payable within one year42/48 | €2,194 | €482 | €2,690 | €88,281 | €122,191 | ▲ 38.4% |
| Financial debts43 | - | - | - | €124 | €66 | ▼ 46.3% |
| Credit institutions430/8 | - | - | - | €124 | €66 | ▼ 46.3% |
| Trade debts44 | €738 | €277 | €1,053 | €1,780 | €11,249 | ▲ 532% |
| Suppliers440/4 | - | €277 | €1,053 | €1,780 | €9,726 | ▲ 446% |
| Bills of exchange payable441 | - | - | - | - | €1,523 | - |
| Taxes, remuneration and social security45 | - | - | €965 | €3,176 | €2,678 | ▼ 15.7% |
| Taxes450/3 | - | - | - | - | €1,129 | - |
| Remuneration and social security454/9 | - | - | €965 | €3,176 | €1,549 | ▼ 51.2% |
| Other amounts payable47/48 | - | €204 | €672 | €83,202 | €108,198 | ▲ 30.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,871 | €14,435 | €15,085 | -€32,531 | -€62,003 | ▼ 90.6% |
| + Depreciation and write-downs630 | €3,659 | €3,994 | €3,279 | €7,314 | €10,144 | ▲ 38.7% |
| Operating cash flow (approximation) | €5,530 | €18,429 | €18,365 | -€25,217 | -€51,859 | ▼ 106% |
| Investment in fixed assets (approximation) | - | -€719 | -€11,178 | -€36,246 | -€4,412 | ▲ 87.8% |
| Change in cash | - | €11,558 | €4,194 | -€13,965 | -€6,265 | ▲ 55.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€62,003
Net result drops to -€62,003, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €15,085 ▲4.5%
Operating result €17,010, net result €15,085, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity times 10current ratio 41.89
Current ratio from 4.18 to 41.89; short-term debt falls from €2,194 to €482.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 34 days late
2019
31-12
Financial
Back to profitnet €7,707
Net result €7,707 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1998
Ground area
991 m²
Building footprint
491 m²
Volume, LiDAR
8,877 m³
2 parcels, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
176
companies at this address
See who is registered here
1 establishment unit
Marc Henri Van Laerlaan 51, 1070 Anderlecht
since 19982.086.105.754
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 fl. |
| 21306D0071/00P006 | Brussels | 190 m² | 1 · 50 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,684 companies in sector 49330 we hold annual accounts for 2,297. 1,624 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462488278
Also
9925:BE0462488278
Registered
14-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.