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ASIA BAZAR

Active
Private limited companyfounded 2023active for 3 yearsSint-Paulusstraat 7, 8000 Brugge, BelgiumKBO/BCE: BE 0803.340.835
Summary

The computed 12-month bankruptcy probability of ASIA BAZAR is 15.5% (high). The 2024 annual accounts show equity of €497 and a net result of -€4,503. Its solvency ranks better than 18% of 6,722 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330
1 site
Size
€37,737turnover 2024
Equity
€497
Loss
-€4,503
Financial health
15 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
15.5%
Structure
Accounts filed 61 days late1 of 3 deeds read
Why 15raises risk2 changes of registered office in 24 monthsFounded in 2023Figures for financial year 2024 (filed 01-10-2025)1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2024
15 / 100
Critical
Probability in this band: over 15.0%
Financially better than 25% of its sector peers (NACE 49, micro)
Financial strength
Weak
Solvency 29
equity 3.8% of total assets
Liquidity 50
short-term debt 96.2% · cash 77.4%
Profitability 0
return on assets -34.0%
Bankruptcy probability, 12 months
15.5% 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% (9,064 companies, NACE 49, micro)
Last 24 months 11-2024: 6.9% 12-2024: 7.5%▲ +0.6 percentage points vs 11-2024 01-2025: 7.5%● unchanged vs 12-2024 02-2025: 8.2%▲ +0.7 percentage points vs 01-2025 03-2025: 12.6%▲ +4.4 percentage points vs 02-2025 04-2025: 12.4%▼ -0.2 percentage points vs 03-2025 05-2025: 12.4%● unchanged vs 04-2025 06-2025: 13.1%▲ +0.7 percentage points vs 05-2025 07-2025: 13.1%● unchanged vs 06-2025 08-2025: 13.1%● unchanged vs 07-2025 09-2025: 13.1%● unchanged vs 08-2025 10-2025: 13.1%● unchanged vs 09-2025 11-2025: 9.0%▼ -4.1 percentage points vs 10-2025 12-2025: 9.0%● unchanged vs 11-2025 01-2026: 9.2%▲ +0.2 percentage points vs 12-2025 02-2026: 5.6%▼ -3.6 percentage points vs 01-2026 03-2026: 5.6%● unchanged vs 02-2026lowest value 04-2026: 11.4%▲ +5.8 percentage points vs 03-2026 05-2026: 11.4%● unchanged vs 04-2026 06-2026: 11.4%● unchanged vs 05-2026 07-2026: 11.4%● unchanged vs 06-2026 08-2026: 12.3%▲ +0.9 percentage points vs 07-2026 09-2026: 12.4%▲ +0.1 percentage points vs 08-2026 10-2026: 15.5%▲ +3.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.04; short-term debt: 96.2% and cash: 77.4% of total assets), and 96.2% of the assets are financed with debt.
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 17% on solvency, 52% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 09-10-2026 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○neutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 6722 sector peers (2024).
NBB · sector comparison
Position among 6722 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 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 incorporation in 2023.
KBO publications · our coverage
  1. Registered office · Capital & sharesRegistered-office move · Share transfer…
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 17% on equitysector median €33,643 · 6,731 companies €497 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Turnover 2024first financial year filed €37,737 View

By topic

Financials

Financial year
2024
Turnover
€37,737
Loss
-€4,503
Solvency
3.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
29-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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