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BASSEL

Active
Private limited companyfounded 2023active for 3 yearsLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 1001.844.605

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535557.

Annual accounts 2025 filed on 30-09-2026 at the NBB

Turnover
€168,921
EBIT margin
9.0%
Net result
€15,058
Working capital
€10,109
Balance-sheet composition
Assets €44,180
Fixed assets €18,158
Current assets €26,022
Equity and liabilities €44,180
Equity €28,267
Debt €15,913
Debt's share of the balance-sheet total is 36.0%.
Key figures and ratios
2025 value
EBITDA
€30,270
Cash flow
€30,057
Current ratio
1.64
Debt to equity
0.56
ROE
53.3%
ROA
34.1%
Interest coverage
over 100
Debt ≤ 1 year
€15,913
Customer credit
38 days
Supplier credit
34 days

Comparable companies

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.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
BASSEL Wemmel2023€44,180€28,267€31,673€168,921€15,0582025
BIGART Sint-Pieters-Leeuw2024€46,745€35,140€36,043-€17,2372025
EASY CABS Sint-Pieters-Leeuw2024€47,049€8,950€25,869-€15,9582025
MFC SERVICES Sint-Joost-ten-Node2023€43,007€32,135€34,508€100,013€19,1552025
AFM CORP Anderlecht2024€42,356€27,717€32,742-€22,7172024
RELECX Elsene2023€40,489€24,898€28,101-€21,8982024
Y.M.S. Services Elsene2023€40,617€4,163€36,980€71,931-€3,7212025

They were chosen from the 2,365 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as BASSEL has now. Two years later, 1.8% had gone bankrupt and 95.9% were 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% was still going

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 497,446 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 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Balance sheet Code2025
Assets
Total assets20/58€44,180
Fixed assets21/28€18,158
Tangible fixed assets22/27€18,158
Furniture and vehicles24€18,158
Current assets29/58€26,022
Amounts receivable within one year40/41€17,405
Trade receivables40€17,405
Cash at bank and in hand54/58€8,615
Deferred charges and accrued income490/1€1
Equity and liabilities
Total equity and liabilities10/49€44,180
Equity10/15€28,267
Contributions10/11€0
Capital10€0
Issued capital100€10,000
Uncalled capital101€10,000
Profit (loss) carried forward14€28,267
Amounts payable17/49€15,913
Amounts payable within one year42/48€15,913
Trade debts44€12,985
Suppliers440/4€12,985
Taxes, remuneration and social security45€1,266
Taxes450/3€1,266
Other amounts payable47/48€1,662
Income statement Code2025
Turnover70€168,921
Non-recurring operating income76A€325
Goods, raw materials, services and sundry goods60/61€137,572
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,999
Other operating charges640/8€1,403
Gross operating margin9900€31,673
Operating profit (loss)9901€15,272
Financial charges65/66B€213
Recurring financial charges65€213
Profit (loss) for the period before taxes9903€15,058
Profit (loss) for the period9904€15,058
Profit (loss) for the period to be appropriated9905€15,058
Appropriation of the result
Profit (loss) to be appropriated9906€28,267
Profit (loss) brought forward from the previous period14P€13,209

The notes to these accounts have 3 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.

Line2025
Turnover70€168,921
Non-recurring operating income76A€325
Goods, raw materials, services and sundry goods60/61€137,572
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,999
Other operating charges640/8€1,403
Gross operating margin9900€31,673
Operating profit (loss)9901€15,272
Financial charges65/66B€213
Recurring financial charges65€213
Profit (loss) for the period before taxes9903€15,058
Profit (loss) for the period9904€15,058
Profit (loss) for the period to be appropriated9905€15,058
Line2025
Assets
Total assets20/58€44,180
Fixed assets21/28€18,158
Tangible fixed assets22/27€18,158
Furniture and vehicles24€18,158
Current assets29/58€26,022
Amounts receivable within one year40/41€17,405
Trade receivables40€17,405
Cash at bank and in hand54/58€8,615
Deferred charges and accrued income490/1€1
Equity and liabilities
Total equity and liabilities10/49€44,180
Equity10/15€28,267
Contributions10/11€0
Capital10€0
Issued capital100€10,000
Uncalled capital101€10,000
Profit (loss) carried forward14€28,267
Amounts payable17/49€15,913
Amounts payable within one year42/48€15,913
Trade debts44€12,985
Suppliers440/4€12,985
Taxes, remuneration and social security45€1,266
Taxes450/3€1,266
Other amounts payable47/48€1,662
Line2025
Profit (loss) for the period9904€15,058
+ Depreciation and write-downs630€14,999
Operating cash flow (approximation)€30,057

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

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-09-2026 2026-00535557 NBB

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