Starting capital
€10,000 100 shares
BASSEL
Lifetime
1 annual account with figurespeak €168,921 (2025)
€168,921
peak €15,058 (2025)
€15,058
peak €28,267 (2025)
€28,267
€15,913
Board7 names since 2023
3 directorsAL ALI Bassel and 2 others
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Transfer of 5 shares from AL SAFR HAMID to SHARIF SULTAN 01-10Transfer of 5 shares from ALALI AADEL to ALSAFR HAMID 07-05Transfer of 5 shares from HALO KHALED to AL ALI AADEL 17-01First year with figures
Key points
from the 2025 annual accountsAt the same address
474 companies
Board
2 left
Directors left. Latest change 23-06-2026 · 2 in office.
2025 accounts filed 61 days after the deadline
Checked score
54
Fair
Financially stronger than 75% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.5%
01-2025: 6.6%▲ +0.1 percentage points vs 12-2024
02-2025: 6.9%▲ +0.3 percentage points vs 01-2025
03-2025: 7.1%▲ +0.2 percentage points vs 02-2025
04-2025: 7.6%▲ +0.5 percentage points vs 03-2025
05-2025: 7.6%● unchanged vs 04-2025
06-2025: 7.9%▲ +0.3 percentage points vs 05-2025
07-2025: 7.9%● unchanged vs 06-2025
08-2025: 7.7%▼ -0.2 percentage points vs 07-2025
09-2025: 7.8%▲ +0.1 percentage points vs 08-2025
10-2025: 8.2%▲ +0.4 percentage points vs 09-2025
11-2025: 8.2%● unchanged vs 10-2025
12-2025: 5.3%▼ -2.9 percentage points vs 11-2025
01-2026: 5.3%● unchanged vs 12-2025
02-2026: 5.3%● unchanged vs 01-2026
03-2026: 5.3%● unchanged vs 02-2026
04-2026: 5.3%● unchanged vs 03-2026
05-2026: 5.3%● unchanged vs 04-2026
06-2026: 8.5%▲ +3.2 percentage points vs 05-2026highest value
07-2026: 8.4%▼ -0.1 percentage points vs 06-2026
08-2026: 8.4%● unchanged vs 07-2026
09-2026: 8.4%● unchanged vs 08-2026
10-2026: 2.7%▼ -5.7 percentage points vs 09-2026lowest value
11-2026: 2.7%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €168,921, total assets €44,180
Founded in 2023
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Liquidity: current ratio 1.64, cash €8,615
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 76% of them on solvency, 65% on liquidity and 85% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 39,278 companies had the same profile as BASSEL has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BASSEL itself is higher: 2.7% within 12 months. It rests on far more data about BASSEL than the profile alone.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for BASSEL. 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 1.64, above the usual 1.5. Short-term debt is 36% and cash 19.5% of total assets. 36% 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.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 filingDeviation from the deadline
2025
61 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Transfer of 5 shares from ALAHMAD ALIJASSEM MOHAMMED to BASSEL AL ALI
Resignation: ALAHMAD ALIJASSEM MOHAMMED (director) · Gazette deed
Transfer of 5 shares from SHARIF SULTAN to ALAHMAD ALIJASSEM MOHAMMED
Appointment: ALAHMAD ALIJASSEM MOHAMMED (manager) · Resignation: SHARIF SULTAN (director) · General meeting of 13-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001844605
Transfer of 5 shares from AL SAFR HAMID to SHARIF SULTAN
Appointment: SHARIF SULTAN (director) · Resignation: AL SAFR HAMID (director) · General meeting of 18-09-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BASSEL Wemmel | €168,921 | 9.0% | 64.0% | - |
| BIGART Sint-Pieters-Leeuw | - | - | 75.2% | - |
| EASY CABS Sint-Pieters-Leeuw | - | - | 19.0% | - |
| MFC SERVICES Saint-Josse-ten-Noode | €100,013 | 25.7% | 74.7% | - |
| AFM CORP Anderlecht | - | - | 65.4% | - |
| RELECX Ixelles | - | - | 61.5% | - |
| Y.M.S. Services Ixelles | €71,931 | -5.0% | 10.3% | - |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BASSEL: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €40,500 and €47,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 31-10-2023Normal situation
- Registered office
- 476 active companies are registered at this address54 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330and 1 other
- Establishment unit
- 2.351.528.2401780 Wemmel, since 31-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Insights on BASSEL
The computed 12-month bankruptcy probability of BASSEL is 2.7% (moderate). The 2025 annual accounts show equity of €28,267 and a net result of €15,058.
Its solvency ranks better than 78% of 2,418 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 BASSEL
- What is the company number of BASSEL?
- The company number of BASSEL is 1001.844.605. The VAT number is the same number with BE in front: BE 1001.844.605.
- Where is BASSEL based?
- The registered office is at Lt. Graffplein 15, 1780 Wemmel.Company details
- What does BASSEL do?
- According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
- What is the legal form of BASSEL?
- BASSEL is a private limited company (BV).
- When was BASSEL founded?
- BASSEL was founded on 31-10-2023.
- Is BASSEL still active?
- Yes, BASSEL is an active enterprise in the KBO register.
- What is the turnover of BASSEL?
- The turnover of BASSEL was €168,921 in financial year 2025, according to the filed annual accounts.Financials
- Is BASSEL profitable?
- In financial year 2025, BASSEL made a profit of €15,058.
- Where can I find the annual accounts of BASSEL?
- BASSEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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