Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BASRHA Group is 10.8% (high). The 2024 annual accounts show equity of €18k and a net result of €6k. Its solvency ranks better than 86% of 2276 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone10.8%
High
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Recent warning signals
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 event10-08-2026
KBO administration
Address struck
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 86% of 2276 peers (2024). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2024 | 31-07-2025 | 23-08-2025 | 23 d late | 2025-00395148 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsYoung company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
1 eventAddress struck
Financials
Turnover€0
EBIT marginNot published (abbreviated filing)
Net result€6k
Working capital€7k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 23-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.9% | 27.3% | |
| Net result | €6k | €5k | |
| Equity | €18k | €17k | |
| Gross operating margin | €11k | €28k | |
| Staff costs | €0 | €37k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €0 |
| EBITDA | €11k |
| Net profit | €6k |
| Cash flow | €10k |
| Staff costs | €0 |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €27k |
| Equity | €18k |
| Debt | €9k |
| of which ≤ 1y | €9k |
| of which > 1y | - |
| Working capital | €7k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.80 |
| Quick ratio | 1.80 |
| Working capital ratio | 25.6% |
| Solvency | 67.9% |
| Debt / equity | 0.47 |
| Long-term debt ratio | - |
| Interest coverage | 556.92 |
| Gross margin | - |
| Net margin | - |
| ROA | 23.6% |
| ROE | 34.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €27k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €149 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27k |
| Equity | 10/15 | €18k |
| Contributions / capital | 10/11 | €12k |
| Accumulated profits (losses) | 14 | €6k |
| Amounts payable | 17/49 | €9k |
| Amounts payable within one year | 42/48 | €9k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Turnover | 70 | €0 |
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €510 |
| Financial charges | 65 | €20 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed93
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
5 directors4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
Current13-05-2024 → present
Former directors (4)
-
Former13-02-2026 → 17-08-2026
2 events
- 17-08-2026 Resigned· Director
- 13-02-2026 Appointed· Director
-
Former13-02-2026 → 17-08-2026
2 events
- 17-08-2026 Resigned· Director
- 13-02-2026 Appointed· Director
-
Former- → 13-02-2026
-
Former- → 30-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 28-03-2024 |
| Status | Active |
| Postal code | 4041 |
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationBASRHA Group
since 20242.359.098.002
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area307 m²
Buildings2
Building footprint84 m²
Volume (LiDAR)832 m³
Tallest building11.8 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104B0580/00Y000 | Wallonia | 231 m² | 1 · 34 m² | 10.2 m · 3 fl. |
| 62817B0522/00B002 | Wallonia | 77 m² | 1 · 49 m² | 11.8 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette10-08-2026
KBO administration
Address struck
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette · acts
1 of 5 acts readOf the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
2026
17-08-2026
General meeting · Director resignation · Registered-office move
- General meeting , 2026-08-06
- Director resignation, ETMAYESH Abdulkareem (administrateur)
- Director resignation, AL-TULAIBAWI Raad (administrateur)
- Registered-office move , Rue des Combattants 165, 4051 Chaudfontaine
- Director discharge, ETMAYESH Abdulkareem
- Director discharge, AL-TULAIBAWI Raad
+2 further facts
Analysis
Financial profile
4 of 5 axes measured87
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
93
Profitability
100
Solvency
95
Growth
-
Stability
59
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 2,206 of the 12,459 companies in this sector. 1,822 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Goederenvervoer over de weg49410Overige posterijen en koeriers53200Logistieke diensten52250Overige vervoerondersteunende activiteiten52290
Primary activity highlighted.
Names & trade names
| Legal nameNL | BASRHA Group |
Registered office
Rue des Combattants 165
4051 Chaudfontaine, Belgium
Registration history
- 10-08-2026 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.