Checked.be · Company dossierhttps://checked.be/en/c/bel-baraka-electricite-0473551723 · as of 29-10-2026
BEL BARAKA ELECTRICITE
Active
Foreign entity · founded 2000 · active for 25 yearsMOHAMED AL KORRI 39, 1400 MIMOUSAS KENITRA, MoroccoKBO/BCE: BE 0473.551.723
Summary
BEL BARAKA ELECTRICITE has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The latest annual accounts of BEL BARAKA ELECTRICITE were filed more than 90 days after the deadline. The 2009 annual accounts show equity of €53,011 and a net result of €14,152. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2011. The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
2009 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
2010 accounts not filed, 5569 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises risk2009 accounts filed 151 days lateneutralNo filing for yearsShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2009 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2009 · tick = 2008
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency32+2
equity 6.7% of total assets
Liquidity28+1
short-term debt 47.4% · cash 1.3%
Profitability42=
return on assets 1.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
31-12-2010 year end31-07-2011 deadline29-10-2026 today
raises risk · 2009 accounts filed 151 days late
The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 29-12-2010, 151 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.