Skip to content

BAK

Active
Private limited companyfounded 2023active for 3 yearsBleekhofstraat 49, 2140 Antwerpen, BelgiumKBO/BCE: BE 0802.644.217
Summary

The computed 12-month bankruptcy probability of BAK is 6.0% (elevated). The 2024 annual accounts show equity of €8,466 and a net result of €3,466. Its solvency ranks better than 73% of 724 sector peers (NACE 53, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other postal and courier activities
NACE 53200
1 site
Size
≈ €56,000turnover 2024, estimated
Equity
€8,466
Profit
€3,466
Turnover estimated from the gross margin
Financial health
40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.0%
Structure
2024 accounts filed 105 days late
Why 40raises risk1 financial year not filed after the legal deadline; last filed accounts filed 105 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 13-11-2025)Founded in 2023Size: total assets €14,627Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 80% of its sector peers (NACE 53, micro)
Financial strength
Strong
Solvency 83
equity 57.9% of total assets
Liquidity 68
short-term debt 42.1% · cash 30.8%
Profitability 98
return on assets 23.7%
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 2.6% (913 companies, NACE 53, micro)
Last 24 months 11-2024: 7.6% 12-2024: 8.0%▲ +0.4 percentage points vs 11-2024 01-2025: 8.3%▲ +0.3 percentage points vs 12-2024 02-2025: 8.3%● unchanged vs 01-2025 03-2025: 8.1%▼ -0.2 percentage points vs 02-2025 04-2025: 8.2%▲ +0.1 percentage points vs 03-2025 05-2025: 8.6%▲ +0.4 percentage points vs 04-2025 06-2025: 8.6%● unchanged vs 05-2025highest value 07-2025: 8.6%● unchanged vs 06-2025highest value 08-2025: 8.6%● unchanged vs 07-2025highest value 09-2025: 8.6%● unchanged vs 08-2025highest value 10-2025: 8.6%● unchanged vs 09-2025highest value 11-2025: 8.6%● unchanged vs 10-2025highest value 12-2025: 4.8%▼ -3.8 percentage points vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 4.7%▼ -0.1 percentage points vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026 04-2026: 5.4%▲ +0.7 percentage points vs 03-2026 05-2026: 5.7%▲ +0.3 percentage points vs 04-2026 06-2026: 5.7%● unchanged vs 05-2026 07-2026: 5.7%● unchanged vs 06-2026 08-2026: 4.1%▼ -1.6 percentage points vs 07-2026lowest value 09-2026: 4.5%▲ +0.4 percentage points vs 08-2026 10-2026: 6.0%▲ +1.5 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.81, below 1; short-term debt: 42.1% and cash: 30.8% of total assets), and 42.1% 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 53, micro): better than 73% on solvency, 81% on liquidity and 86% on profitability.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

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

Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 105 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 13-11-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €14,627
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2024 accounts filed 105 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 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 · 1 filing
Deviation from the deadline
2024
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 105 days after the deadline; the sector median (NACE 53) for financial year 2024 is 13 days after the deadline, and 56% 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. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move
  3. IncorporationAppointment: TERRAHI Brahim (director) ·…

Financials · financial year 2024, micro format

2024 annual accounts filed late (105 days) Filed on 13 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00565912.

Turnover
≈ €56,000
Estimated: probably between €39,000 and €98,000
Total assets
€14,627
Net result
€3,466
Working capital
-€1,177

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €14,627
Fixed assets €9,643
Current assets €4,984
Equity and liabilities €14,627
Equity €8,466
Debt €6,161
Debt finances 42.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€8,741
Cash flow
€7,438
Current ratio
0.81
Debt to equity
0.73
ROE
40.9%
ROA
23.7%
Interest coverage
over 100
Debt ≤ 1 year
€6,161
Income taxes
€1,239

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 6.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 30 lines
Balance sheet Code2024
Assets
Total assets20/58€14,627
Fixed assets21/28€9,643
Tangible fixed assets22/27€9,643
Furniture and vehicles24€9,643
Current assets29/58€4,984
Amounts receivable within one year40/41€483
Trade receivables40€483
Cash at bank and in hand54/58€4,500
Equity and liabilities
Total equity and liabilities10/49€14,627
Equity10/15€8,466
Contributions10/11€5,000
Profit (loss) carried forward14€3,466
Amounts payable17/49€6,161
Amounts payable within one year42/48€6,161
Trade debts44€9
Suppliers440/4€9
Taxes, remuneration and social security45€3,272
Taxes450/3€3,272
Other amounts payable47/48€2,879
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,971
Other operating charges640/8€1,736
Gross operating margin9900€10,477
Operating profit (loss)9901€4,769
Financial charges65/66B€64
Recurring financial charges65€64
Profit (loss) for the period before taxes9903€4,705
Income taxes67/77€1,239
Profit (loss) for the period9904€3,466
Profit (loss) for the period to be appropriated9905€3,466
Appropriation of the result
Profit (loss) to be appropriated9906€3,466

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,971
Other operating charges640/8€1,736
Gross operating margin9900€10,477
Operating profit (loss)9901€4,769
Financial charges65/66B€64
Recurring financial charges65€64
Profit (loss) for the period before taxes9903€4,705
Income taxes67/77€1,239
Profit (loss) for the period9904€3,466
Profit (loss) for the period to be appropriated9905€3,466
Line2024
Assets
Total assets20/58€14,627
Fixed assets21/28€9,643
Tangible fixed assets22/27€9,643
Furniture and vehicles24€9,643
Current assets29/58€4,984
Amounts receivable within one year40/41€483
Trade receivables40€483
Cash at bank and in hand54/58€4,500
Equity and liabilities
Total equity and liabilities10/49€14,627
Equity10/15€8,466
Contributions10/11€5,000
Profit (loss) carried forward14€3,466
Amounts payable17/49€6,161
Amounts payable within one year42/48€6,161
Trade debts44€9
Suppliers440/4€9
Taxes, remuneration and social security45€3,272
Taxes450/3€3,272
Other amounts payable47/48€2,879
Line2024
Profit (loss) for the period9904€3,466
+ Depreciation and write-downs630€3,971
Operating cash flow (approximation)€7,438

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 13-11-2025 2025-00565912

Similar companies · same sector, comparable size

Of the 4,972 active companies whose main activity is other postal and courier activities (NACE 53200), figures are known for 1,330. 862 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
TERRAHI Brahim
Director (not named in the articles) · since 14-06-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
TERRAHI Brahim
  • Director (not named in the articles), from 14-06-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 14-06-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 14-06-2023 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

On 12 June 2023, BAK was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2024 the registered office moved to Borgerhout.3 TERRAHI Brahim has served as director of the company since 2023.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-06-2023
  3. 3Belgian Official Gazette, 22-07-2024

Acts, filings and financial milestones

2025
13-11
NBB filing Annual accounts filed
financial year 2024 · micro format · 105 days late
2024
22-07
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 19-06-2024
  • Registered-office move, Bleekhofstraat 49 te 2140 Borgerhout
2023
14-06
Gazette deed Incorporation
Appointment: TERRAHI Brahim (director) · Founder · Founding capital5 facts ▸
  • Incorporation, 12-06-2023
  • Founder, TERRAHI Brahim
  • Founding capital, €5,000
  • Director appointment, TERRAHI Brahim (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door oprichter in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded12-06-2023
Financial year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802644217
Also 9925:BE0802644217
Registered 24-02-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
83 m²
Building footprint
83 m²
Building volume
938 m³
Parcel 11006A0368/00K015, Flanders · tallest building 14.9 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BAK
Bleekhofstraat 49, 2140 AntwerpenOther postal and courier activities
since 2023unit no. 2.345.943.515
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11006A0368/00K015 Flanders 83 m² 1 · 83 m² 14.9 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De activiteit van tussenpersoon in de handel,omvattende de makelaars en “traders” in goederen,de zelfstandige handelsvertegenwoordigers en…” (deed in Dutch)
35 activities (deed in Dutch)
  1. De activiteit van tussenpersoon in de handel,omvattende de makelaars en “traders” in goederen,de zelfstandige handelsvertegenwoordigers en de commissionairs evenals het in- en uitvoeren van alle om het even welke handelsgoederen;
  2. Adviesbureaus op het gebied van public relations en communicatie,overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering;
  3. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding;
  4. Telemarketing,telecommunicatie en bekabeling;
  5. Activiteiten van wasserettes en wassalons ten behoeve van particulieren;
  6. Groot- en kleinhandel in onderdelen van allerlei aard;
  7. De groot- en kleinhandel,evenals de in- en uitvoer,huur en verhuur,onderhoud,herstelling,bewerking en verwerking van alle handelsgoederen zowel roerend als onroerend;
  8. Het uitbaten,inrichten,aan- en verkopen,huren en verhuren van één of meerdere hotels,motels,logement huizen,restaurants,spijshuizen,frituren,snackbars,verbruiks- en ijssalons,selfservice eetgelegenheden,tearooms,cafetaria’s,cafés,bars,bodega’s,tavernes,feestzalen,kortom alle activiteiten in de horeca sector en het horecabedrijf met inbegrip van de verkoop van tabak- en rookwaren,zichtkaarten,souvenirs,gadgets,fantasie en luxe goederen;
  9. De in- en uitvoer,groot- en kleinhandel,huren en verhuren,installeren,distribueren,onderhouden en herstellen van alle materiaal,toestellen en benodigdheden met de horeca sector;
  10. Groot- en kleinhandel in de bouw en plaatsing van vloer- en wandtegels,elektriciteitswerken en laswerken,databekabeling,alle wand en vloerbekledingen,metaalbewerking,schilderwerken en allerlei onroerende werken;
  11. Onderhoud en schoonmaak van roerende en onroerende goederen;
  12. De uitbating van een garage en stalplaats voor motorvoertuigen,een service en benzinestation houdende onder meer de verkoop van voedingswaren en dranken,snoepgoed,speelgoed,rook- en papierwaren,kranten en tijdschriften,souvenirs,snuisterijen en luxe artikelen;
  13. De groot- en kleinhandel in,evenals de in- en uitvoer van,het verhuren al dan niet met chauffeur,bedrijfswagens,wagens voor dubbel gebruik,aanhangwagens,caravans,bureaucontainers,machines,tractoren,motorwielen,bromfietsen en fietsen;
  14. De groot- en kleinhandel in,evenals de in- en uitvoer van alle brandstoffen,oliën en vetten,smeermiddelen en banden,omvattende het smeren,graffiteren en wassen van motorvoertuigen;
  15. De groot- en kleinhandel,evenals de in- en uitvoer in onderdelen van hoger vernoemde transportmiddelen,accessoires voor auto’s;
  16. Nationaal en internationaal vervoer van goederen over de weg,per spoor,via luchtvaart en over het water (transportonderneming) alle activiteiten die direct of indirect verband houden met het vervoer van personen of goederen,alle diensten in verband met laden en lossen,inklaren,stockeren of verdelen;
  17. Dienstverlening in dit kader aan personen of bedrijven,de aankoop of verkoop van transportmiddelen,personen,vrachtwagen of autobussen,uitbaten van garages en dergelijke,vrachtbehandeling en opslag;
  18. De in- en uitvoer,de groot- en kleinhandel van alle voedingswaren,dranken en horeca producten in het algemeen;
  19. De in- en uitvoer,de groot- en kleinhandel van cosmetica,schoonmaakmiddelen,tabakswaren;
  20. De in- en uitvoer,de groot- en kleinhandel van brood en patisserie,koekjes,cakejes,deegwaren,melkproducten,conserven,vlees,groenten en fruit,snoepgoed;
  21. De in- en uitvoer,de groot- en kleinhandel van speelgoed,rook- en papierwaren,kranten en tijdschriften,souvenirs,snuisterijen en luxe artikelen;
  22. Opkopen en herverkopen van grote partijen van diverse goederen uit overstocks,faillissementen,ed.;
  23. De terbeschikkingstelling van allerhande roerende en onroerende infrastructuur en uitrusting;
  24. De uitbating van markten op verschillende plaatsen;
  25. De uitbating van telefoonwinkel,verkoop van telefoonkaarten,verkoop telefoonaccessoires;
  26. De handel,de aan- en verkoop,zowel in het groot als in het klein van alle voedings- en kruidenierswaren,zuivelproducten,bereide vleeswaren,dranken,fruit en groenten,diepvriesproducten,margarines,cosmetica en toiletartikelen,vers,bevroren en conserven van alle soorten vlees,gevogelte,wild,konijnen,vis,groenten en fruit,sauzen en derivaten,enz.Dit alles in ruimste zin;
  27. Het uitbaten van een beenhouwerij,zowel voor eigen rekening als voor rekening van derden,alsmede de handel in producten die daarmee gepaard gaan;
  28. De handel in vis en schaal- en weekdieren:gekoeld,diepgevroren,gedroogd,gerookt,gekookt,gezouten,gepekeld,ingeblikt;
  29. De bereiding van producten op basis van vis en van schaal- en weekdieren:visfilets en ander visvlees,vislevers,hom en kuit,kaviaar en kaviaarsurrogaten;
  30. Traiteur en handel in traiteurartikelen;
  31. Het oprichten,het vestigen en het uitbaten van warenhuizen,supermarkten,discountwinkels,zelfbedieningszaken,en in het algemeen alle handelszaken van grote distributie met betrekking op de verkoop en de aankoop,de invoer en de uitvoer van alle producten,voedingswaren of niet,van allerlei artikels,voorwerpen en koopwaar,de uitbating en het beheer van,frituur,broodjeszaak hamburgerrestaurant,pita en pizza met bijhorende sauzen en kruiden,dranken,verbruikssalon in de ruimste betekenis zowel verbruik ter plaatse,zelfbediening als meeneemschotels;Het vervaardigen van meeneemschotels,evenals het leveren aan huis van maaltijden.Alsook verkoop via telefoon-fax-email die afgehaald of thuis bezorgd worden;
  32. Vervaardigen en verkoop van alle brood-,banket-,patisserie-,suiker- en chocoladeproducten;
  33. Het uitbaten van een brood- en banketbakkerij,broodjeszaak,snackbar;
  34. Verkoop van belegde broodjes,sandwiches,gebakjes,koffiekoeken,taartjes,croques,wafels,pannenkoeken,ook voor consumptie ter plaatse;
  35. Detail- en groothandel,handel brood en banket;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BAK
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2140 Antwerpen (Borgerhout),Hogeweg 44A” (deed in Dutch)

deed of 14-06-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Geheel bevoegdheden toegekend met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle handelingen stellen nodig of…” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 14-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 18:00

deed of 14-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningsaldo” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Buitengewone algemene vergadering en oproepingen, e-mail” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten niet geschorst;bij enkel geschorst stemrecht deelname zonder stemming” (deed in Dutch)
Other provision: “Uitoefening stemrecht, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
2 more provisions in the deed, see the deed of 14-06-2023

deed of 14-06-2023