BELAFRIC

Active

Private limited company (pre-2019)founded 201511 yrs activeWaverse Steenweg 202, 1050 Elsene, BelgiumKBO/BCE: BE 0632.617.568

Summary

The computed 12-month bankruptcy probability of BELAFRIC is 3.7% (moderate). The 2024 annual accounts show equity of €27,451 and a net result of €6,698. Equity is growing by ~59.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 6718 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

BELAFRICActiveChecked score 52/100

Risk analysis Report Compare

What they do

Freight transport by road

NACE 49410Other postal and courier activities NACE 53200

2 sites

How big

€65,634total assets 2024

Equity: €27,451
Profit: €6,698

Turnover not published (abridged schema)

Financially healthy?

52 Fair Checked score 2024

Bankruptcy chance 12 m: 3.7%

Who decides

Accounts 63 d overdue0 of 1 deed read

Why 52- Higher-failure-rate sector- Higher-failure-rate region- Multiple establishment units- Annual accounts: weaker financial profile- Filed more than 90 days lateShow the evidence

Checked score

Score 2024

52 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability63=

Solvency67▲+16

Growth78=

Track record100

Bankruptcy probability, 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1,000 at 30 days only on tighter terms

Liquidity ample (current ratio 1.72 against 1.35 in 2023; short-term debt: 58.2% and cash: 5% of total assets), but 58.2% of the assets are financed with debt.

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. The signal on the left, the evidence on the right.

+raises risk

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Land transport and transport via pipelines (NACE 49)

about 141% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

41.8%

Return on assets

10.2%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-06-2026, 305 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

305 d late

2023

633 d late

2022

333 d late

2021

337 d late

2020

702 d late

2019

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 390 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage