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AL KHEDER

Active
Private limited companyfounded 2019active for 7 yearsOpzichterstraat 97, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0724.569.808
Summary

The computed 12-month bankruptcy probability of AL KHEDER is 15.8% (high). The 2024 annual accounts show equity of €111,427 and a net result of €87,184. Equity is growing by about 39% per year across the filed financial years. Its solvency ranks better than 73% of 6,610 sector peers (NACE 49, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Scheduled passenger transport by road
NACE 49310
2 sites
Size
€180,313total assets 2024
Equity
€111,427
Profit
€87,184
Turnover not published (micro format)
Financial health
21 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
15.8%
Structure
Accounts 76 days overdue2 of 9 deeds read
Why 21raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 01-11-2025)1 financial year not filed after the legal deadline; latest accounts 91 days late; 2 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
21 / 100
Critical
Probability in this band: over 15.0%
Financially better than 73% of its sector peers (NACE 49, micro)
Financial strength · tick = 2023
Strong
Solvency 87+38
equity 61.8% of total assets
Liquidity 33+20
short-term debt 38.2% · cash 0.2%
Profitability 100+39
return on assets 48.4%
Bankruptcy probability, 12 months
15.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,078 companies, NACE 49, micro)
Last 24 months 11-2024: 6.7% 12-2024: 6.7%● unchanged vs 11-2024 01-2025: 6.5%▼ -0.2 percentage points vs 12-2024 02-2025: 6.4%▼ -0.1 percentage points vs 01-2025 03-2025: 6.4%● unchanged vs 02-2025 04-2025: 6.9%▲ +0.5 percentage points vs 03-2025 05-2025: 7.7%▲ +0.8 percentage points vs 04-2025 06-2025: 7.6%▼ -0.1 percentage points vs 05-2025 07-2025: 6.7%▼ -0.9 percentage points vs 06-2025 08-2025: 8.0%▲ +1.3 percentage points vs 07-2025 09-2025: 8.7%▲ +0.7 percentage points vs 08-2025 10-2025: 11.8%▲ +3.1 percentage points vs 09-2025 11-2025: 11.9%▲ +0.1 percentage points vs 10-2025 12-2025: 9.0%▼ -2.9 percentage points vs 11-2025 01-2026: 6.4%▼ -2.6 percentage points vs 12-2025lowest value 02-2026: 9.0%▲ +2.6 percentage points vs 01-2026 03-2026: 9.0%● unchanged vs 02-2026 04-2026: 9.5%▲ +0.5 percentage points vs 03-2026 05-2026: 9.5%● unchanged vs 04-2026 06-2026: 9.3%▼ -0.2 percentage points vs 05-2026 07-2026: 9.4%▲ +0.1 percentage points vs 06-2026 08-2026: 10.6%▲ +1.2 percentage points vs 07-2026 09-2026: 11.5%▲ +0.9 percentage points vs 08-2026 10-2026: 15.8%▲ +4.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 1.8, compared with 0.94 in 2023, above the usual 1.5; short-term debt: 38.2% and cash: 0.2% of total assets), and 38.2% of the assets are financed with debt and provisions.
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 49, micro): better than 74% on solvency, 29% on liquidity, 94% on profitability and 97% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 01-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 91 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
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, 76 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
91 days late
2023
16 days early
2022
72 days late
2021
73 days late
2020
89 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 62 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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. Resignation: Al Kheder Hasan (manager)Appointment: AL KRAIT Nedal (director)…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: Hamad Nourreddin (manager)Share transfer

Key points

  • Positive: Equity rose in 2024from €24,243 to €111,427 ▲ 360% View
  • Positive: Among the best 5% on net resultsector median €5,851 · 6,575 companies €87,184 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: Board changedlatest change 22-01-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2024
Total assets
€180,313
Profit
€87,184
Solvency
61.8%
Total assets▲ 80.8%
Net result
20202024
Go to Financials

Timeline

Events
11
Since
2021
  1. 31-12-2024Back to profit
  2. 31-12-2024Equity above €100,000
  3. 15-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Scheduled passenger transport by roadNACE 49310
Founded
04-04-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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