Skip to content

AZAMI FARHAD

Active
Private limited companyfounded 2024active for 2 yearsSuikerdijkstraat 51, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1011.839.563
Summary

The computed 12-month bankruptcy probability of AZAMI FARHAD is 6.2% (elevated). The 2025 annual accounts show equity of €3,562 and a net result of -€1,438. Its solvency ranks better than 27% of 5,895 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 23-07-2024 Normal situation
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330
Establishment unit
2.363.130.529 2070 Beveren-Kruibeke-Zwijndrecht, since 23-07-2024
Financial year end
31 December
Peppol
Reachable since 23-02-2026

Board and ownership

Board

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.2%
Annual accounts 2025
Turnover
€25,819
Loss
€1,438
Equity
€3,562
Total assets
€24,013
  • 2025 accounts filed 81 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Last filed accounts filed 81 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 36% of micro companies in land transport (NACE 49)
Financial strength
Average
Solvency 40
equity 14.8% of total assets
Liquidity 35
short-term debt 85.2% · cash 26.0%
Profitability 73
return on assets -6.0%
Bankruptcy probability within 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 08-2025: 3.6%lowest value 09-2025: 3.6%● unchanged vs 08-2025lowest value 10-2025: 3.8%▲ +0.2 percentage points vs 09-2025 11-2025: 4.1%▲ +0.3 percentage points vs 10-2025 12-2025: 4.2%▲ +0.1 percentage points vs 11-2025 01-2026: 4.6%▲ +0.4 percentage points vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 5.0%▲ +0.4 percentage points vs 02-2026 04-2026: 4.8%▼ -0.2 percentage points vs 03-2026 05-2026: 4.8%● unchanged vs 04-2026 06-2026: 5.1%▲ +0.3 percentage points vs 05-2026 07-2026: 8.2%▲ +3.1 percentage points vs 06-2026highest value 08-2026: 8.2%● unchanged vs 07-2026highest value 09-2026: 8.2%● unchanged vs 08-2026highest value 10-2026: 6.2%▼ -2.0 percentage points vs 09-2026 11-2026: 6.2%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.55, below 1. Short-term debt is 85.2% and cash 26% of total assets. 85.2% of the assets are financed with debt and provisions.
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 26% of them on solvency, 32% on liquidity and 50% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Last filed accounts filed 81 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 2025 accounts filed 81 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-10-2026, 81 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
81 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 81 days after the deadline Filed on 20 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565701.

Annual accounts 2025 filed on 20-10-2026 at the NBB

Turnover
€25,819
EBIT margin
-5.2%
Net result
-€1,438
Working capital
-€9,111
Balance-sheet composition
Assets €24,013
Fixed assets €12,672
Current assets €11,341
Equity and liabilities €24,013
Equity €3,562
Debt €20,451
Debt's share of the balance-sheet total is 85.2%.
Key figures and ratios
2025 value
EBITDA
€4,997
Cash flow
€4,898
Current ratio
0.55
Debt to equity
5.74
ROE
-40.4%
ROA
-6.0%
Interest coverage
50.51
Debt ≤ 1 year
€20,451
Customer credit
72 days
Supplier credit
21 days

Investments

fixed assets acquired
Item2025
Tangible fixed assets€19,008
Depreciation and write-downs of the year€6,336

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€24,013
Fixed assets21/28€12,672
Tangible fixed assets22/27€12,672
Furniture and vehicles24€12,672
Current assets29/58€11,341
Amounts receivable within one year40/41€5,105
Other amounts receivable41€5,105
Cash at bank and in hand54/58€6,236
Equity and liabilities
Total equity and liabilities10/49€24,013
Equity10/15€3,562
Contributions10/11€5,000
Profit (loss) carried forward14-€1,438
Amounts payable17/49€20,451
Amounts payable within one year42/48€20,451
Trade debts44€1,121
Suppliers440/4€1,121
Taxes, remuneration and social security45€74
Taxes450/3€74
Other amounts payable47/48€19,256
Income statement Code2025
Turnover70€25,819
Goods, raw materials, services and sundry goods60/61€19,846
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,336
Other operating charges640/8€1,285
Gross operating margin9900€6,281
Operating profit (loss)9901-€1,340
Financial charges65/66B€99
Recurring financial charges65€99
Profit (loss) for the period before taxes9903-€1,438
Profit (loss) for the period9904-€1,438
Profit (loss) for the period to be appropriated9905-€1,438
Appropriation of the result
Profit (loss) to be appropriated9906-€1,438

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 20-10-2026.

Line2025
Turnover70€25,819
Goods, raw materials, services and sundry goods60/61€19,846
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,336
Other operating charges640/8€1,285
Gross operating margin9900€6,281
Operating profit (loss)9901-€1,340
Financial charges65/66B€99
Recurring financial charges65€99
Profit (loss) for the period before taxes9903-€1,438
Profit (loss) for the period9904-€1,438
Profit (loss) for the period to be appropriated9905-€1,438
Line2025
Assets
Total assets20/58€24,013
Fixed assets21/28€12,672
Tangible fixed assets22/27€12,672
Furniture and vehicles24€12,672
Current assets29/58€11,341
Amounts receivable within one year40/41€5,105
Other amounts receivable41€5,105
Cash at bank and in hand54/58€6,236
Equity and liabilities
Total equity and liabilities10/49€24,013
Equity10/15€3,562
Contributions10/11€5,000
Profit (loss) carried forward14-€1,438
Amounts payable17/49€20,451
Amounts payable within one year42/48€20,451
Trade debts44€1,121
Suppliers440/4€1,121
Taxes, remuneration and social security45€74
Taxes450/3€74
Other amounts payable47/48€19,256
Line2025
Profit (loss) for the period9904-€1,438
+ Depreciation and write-downs630€6,336
Operating cash flow (approximation)€4,898

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,271 companies had the same profile as AZAMI FARHAD has now. Two years later, 4.1% had gone bankrupt and 93.5% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of AZAMI FARHAD itself is higher: 6.2% within 12 months. It rests on far more data about AZAMI FARHAD than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,271 companies, not a prediction for AZAMI FARHAD. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 20-10-2026 2026-00565701 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
AZAMI Farhad
Director (not named in the articles) · appointed in the act of 25-07-2024 · term without a fixed end
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 25-07-2024

Owners and capital

Shareholders

At incorporation act of 25-07-2024 ↗

Capital transactions

Capital over time
  1. 25-07-2024 Incorporation · €5,000 · 100 shares

Articles of association

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Erfgenamen en legatarissen die geen aandeelhouder van rechtswege worden vragen toestemming volgens zelfde formaliteiten, elke overdracht…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 25-07-2024 (in Dutch)

Network & group

AZAMI FARHAD shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of AZAMI FARHAD. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
20-10
NBB filing Annual accounts 2025 filedNBB
micro format · 81 days late
29-06
Gazette deed Registered office moved from Antwerpen to Beveren Kruibeke Zwijdrecht
Director in office3 points ▸
  • General meeting, 28-05-2026
  • Registered-office move, Suikerdijkstraat 51 2070 BEVEREN KRUIBEKE ZWIJDRECHT
  • Director in office, AZAMI FARHAD (director)

Open the act in the Belgian Official Gazette

2024
25-07
Gazette deed Incorporation
Starting capital €5,000 · Appointment: AZAMI Farhad (director) · Founder15 points ▸
  • Incorporation, “AZAMI FARHAD” (deed in Dutch)
  • Founder, AZAMI Farhad
  • Founding capital, €5,000
  • Other provision, 17-07-2024
  • Other provision, “aansprakelijkheid oprichters bij faillissement, faillissement binnen drie jaar na oprichting” (deed in Dutch)
  • Other provision, “vaststelling statuten, statuten luiden als volgt” (deed in Dutch)
  • Other provision, “overgangsbepalingen-inwerkingtreding, onmiddellijk na oprichting” (deed in Dutch)
  • Registered office clause, “2100 Deurne,Jan Van Parijsstraat 17,bus 302” (deed in Dutch)
  • Other provision, /
  • Board rule, 1
  • Director appointment, AZAMI Farhad (director (not named in the articles))
  • Declaration, “bestuursverbod-registercontrole, geen bestuursverbod” (deed in Dutch)
  • The act holds 3 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

AZAMI FARHAD was incorporated on 23 July 2024 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Beveren Kruibeke Zwijdrecht in 2026.3 AZAMI Farhad is director of the company, appointed in the act of 25-07-2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-07-2024
  3. 3Belgian Official Gazette, 29-06-2026

Company details

Register details

Identity

KBO record
Name AZAMI FARHAD in Dutch
Enterprise number 1011.839.563
Legal form Private limited company
Status Active, normale toestand
Founded 23-07-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-07-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan”
deed of 25-07-2024 (in Dutch)

Registered office and establishments

Registered office Suikerdijkstraat 51, 2070 Beveren-Kruibeke-Zwijndrecht, Belgium
1 former office
  • 2100 Antwerpen until the act of 29-06-2026
Establishment unit TAXI EXPRESS A, Suikerdijkstraat 51, 2070 Beveren-Kruibeke-Zwijndrecht since 23-07-2024 · unit number 2.363.130.529

Activities

NACEBEL 2025
49330 On-demand passenger transport by chauffeured vehicle main activity
Codes under NACEBEL 2008
49320 Taxi operation main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het nationale en internationale personen- en koopwarentransport. Met name iedere vorm van personentransport,taxi-diensten,uberdiensten en…”
5 activities
  1. Het nationale en internationale personen- en koopwarentransport. Met name iedere vorm van personentransport,taxi-diensten,uberdiensten en transport van goederen en pakjesdienst;
  2. Nationale of internationale carwash,hand-carwash en garage;
  3. Alle handel in kleinhandel,zoals souvenirwinkel,
  4. Horeca,mobiele horeca en evenementenactiviteiten,zoals met name de exploitatie van hotels,tavernes,cafés,theesalons,drogisterijen,snackbars,fast-food,restaurants,catering ;
  5. Algemene voedings-en drankenwinkel,supermarkt,Lotto,kranten,sigaretten en tabak.
deed of 25-07-2024 (in Dutch)

Invoicing and payment

VAT number BE 1011.839.563
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1011839563
Other Peppol ID 9925:BE1011839563
Registered 23-02-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 25-07-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
129 m²
Building footprint
65 m²
Building volume
407 m³
Cadastral parcel Region Area Buildings Height / floors
11056B0902/00G000 Flanders 129 m² 1 · 65 m² 9.4 m · 2