Liquidity
17.13 was 4.67 in 2024
Short-term debts fell from €7,216 to €1,638.
ASKANDR
Lifetime
10 annual accounts with figures on one time axispeak €19,426 (2023)
€5,235▼ 24.0%
lowest -€9,384 (2016)
-€530▼ €4,949
peak €27,312 (2024)
€26,782▼ 1.9%
€1,638▼ 77.3%
Board2 names since 2015
1 directorISKANDARANI Tarek
Documentsfilings and deeds
01-05-202691 days before the deadline
2025micro format
Gross margin from €6,889 to €5,235Loss of €530Debts from €7,216 to €1,638Cash from €10,716 to €5,459
Key points
from the 2025 annual accountsChecked score
66
Healthy
Financially stronger than 57% of micro companies in land transport (NACE 49)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.8%▼ -0.1 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.6%▼ -0.2 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025lowest value
02-2026: 0.7%▲ +0.1 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▼ -0.1 percentage points vs 04-2026
06-2026: 0.8%▲ +0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.4 percentage points vs 06-2026highest value
08-2026: 1.2%● unchanged vs 07-2026highest value
09-2026: 1.2%● unchanged vs 08-2026highest value
10-2026: 1.2%● unchanged vs 09-2026highest value
11-2026: 1.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €28,420
No registered site in the KBO
1 change of registered office in 24 months
Sector: Land transport and transport via pipelines (NACE 49)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 92% of them on solvency, 80% on liquidity, 21% on profitability and 34% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as ASKANDR has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASKANDR itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for ASKANDR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 17.13 (4.67 in 2024), above the usual 1.5. Short-term debt is 5.8% and cash 19.2% of total assets. 5.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-05-2026, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
91 days early
2024
42 days early
2023
20 days late
2022
18 days late
2021
26 days early
2020
25 days early
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Ixelles to Brussels
Transfer of shares from Iskandarani Tarek to Abdulkareem Nayyaz · New registered office: Rue saint Michel 34 2 1000 Bruxelles · Previous registered office: Rue de la paix 53 1050 Ixelles · General meeting of 19-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0630957680
Appointment: ISKANDARANI Tarek (director)
General meeting of 21-12-2023 · Gazette deed
Transfer of 5 shares from SEIDAWI Issam to ISKANDARANI Tarek
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASKANDR Brussels | €28,420 | €5,235 | 94.2% | - |
| KVZ Wijnegem | €26,389 | €5,803 | -50.6% | - |
| Naheed Beringen | €32,645 | €4,623 | 55.0% | - |
| HTM INVEST Brussels | €36,251 | €6,609 | 11.2% | - |
| SERT TRANS Sint-Pieters-Leeuw | €21,136 | €6,351 | 63.9% | - |
| TRANSPORTS DEBEL Bertrix | €23,065 | €5,597 | 71.9% | - |
| Ten Dycke Schilde | €29,132 | €3,771 | 81.2% | - |
These companies have the same main activity as ASKANDR: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €21,100 and €36,300, founded between 2011 and 2018.
Official details
Source: KBO- Status
- Active since 29-05-2015Normal situation
- Activity
- Freight transport by roadNACE 49410and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 05-02-2026
Annual accounts 2025
- ≈ €45,000estimated
- €28,420▼ 17.7%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 01-05-2026, 91 days before the end of the filing period
Insights on ASKANDR
ASKANDR files the micro format. That format states no turnover. The gross margin rose from -€8,249 in 2016 to €5,235 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ASKANDR
- What is the company number of ASKANDR?
- The company number of ASKANDR is 0630.957.680. The VAT number is the same number with BE in front: BE 0630.957.680.
- Where is ASKANDR based?
- The registered office is at Sint-Michielsstraat 34, 1000 Brussels.Company details
- What does ASKANDR do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of ASKANDR?
- ASKANDR is a private limited company (BV).
- When was ASKANDR founded?
- ASKANDR was founded on 29-05-2015.
- Is ASKANDR still active?
- Yes, ASKANDR is an active enterprise in the KBO register.
- What is the turnover of ASKANDR?
- The turnover in financial year 2025 is ≈ €45,000. This figure is estimated from the gross margin of €5,235 and 67 comparable companies (NACE 49410). It probably lies between €22,000 and €73,000. It is a rough estimate. In financial year 2021 turnover was €30,789.Financials
- Is ASKANDR profitable?
- In financial year 2025, ASKANDR made a loss of €530.
- Where can I find the annual accounts of ASKANDR?
- ASKANDR filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASKANDR due?
- ASKANDR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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