BELLEWAR AUTO
ActiveSummary
The computed 12-month bankruptcy probability of BELLEWAR AUTO is 3.6% (moderate). The 2024 annual accounts show negative equity (-€2,012) and a net result of -€4,399. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Materials recovery from waste
NACE 38210
1 site
How big
€2,249total assets 2024
- Equity
- -€2,012
- Loss
- -€4,399
Who decides
- Board
- 1 member
Accounts 38 d early1 of 2 deeds read
Why 16- Annual accounts: weaker financial profile- Limited track record- Higher-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-74
Solvency0▼-63
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 2024Age of the figures
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
38 d early
2024
30 d late
2023
23 d late
2022
48 d early
2021
45 d late
2020
114 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 21 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Appointment: Bennahi Radhi Lemrabott (director)Registered-office move
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2024Total assets €2,249Loss -€4,399Solvency -89.5%Liquidity 0.53
Turnover
€29,650
2020
Net result
-€4,399
2020 - 2024
Equity
-€2,012
2020 - 2024
Solvency
-89.5%▼ 128.0pp
2020 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€29,650-
Operating result€3,308-€743▼ 77.5%-€12,830€3,877-€3,970
Net result€7,263within the sector's middle half-€743below the sector's middle half▼ 89.8%-€12,830below the sector's middle half€2,211within the sector's middle half-€4,399within the sector's middle half
EBIT margin11.2%-
Equity€12,263below the sector's middle half-€13,006below the sector's middle half▲ 6.1%€176below the sector's middle half▼ 98.6%€2,387below the sector's middle half▲ 1,256%-€2,012below the sector's middle half
Total assets€13,433below the sector's middle half-€13,006below the sector's middle half▼ 3.2%€3,838below the sector's middle half▼ 70.5%€6,205below the sector's middle half▲ 61.7%€2,249below the sector's middle half▼ 63.8%
Debt€1,170-€3,662€3,818▲ 4.3%€4,261▲ 11.6%
Working capital€11,048below the sector's middle half--€431within the sector's middle half€2,083within the sector's middle half-€2,012within the sector's middle half
Solvency91.3%above the sector's middle half-100.0%above the sector's middle half▲ 8.7pp38.5%within the sector's middle half
Current ratio10.44above the sector's middle half-1.55within the sector's middle half
Return on assets (ROA)54.1%above the sector's middle half-5.7%within the sector's middle half▼ 48.4pp35.6%above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3,970 after €3,877 in 2023.
Key figures and ratios
Key figures and ratios
EBITDA
-€3,667▼
2023 · €4,181
Cash flow
-€4,096▼
2023 · €2,515
Interest coverage
-8.55▼
2023 · 2.85
Debt ≤ 1 year
€4,261▲
2023 · €3,818
Ratios withheld: a balance sheet total of €2,249 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €29,650 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €304 | €304 | €304 | €304 | €304 | = |
| Gross operating margin9900 | €3,611 | €1,047 | -€12,527 | €4,181 | -€3,667 | ▼ 188% |
| Operating profit (loss)9901 | €3,308 | €743 | -€12,830 | €3,877 | -€3,970 | ▼ 202% |
| Financial charges65/66B | - | - | - | €1,468 | €429 | ▼ 70.8% |
| Recurring financial charges65 | €45 | - | - | €1,468 | €429 | ▼ 70.8% |
| Profit (loss) for the period before taxes9903 | €7,263 | €743 | -€12,830 | €2,409 | -€4,399 | ▼ 283% |
| Income taxes67/77 | - | - | - | €198 | - | - |
| Profit (loss) for the period9904 | €7,263 | €743 | -€12,830 | €2,211 | -€4,399 | ▼ 299% |
| Profit (loss) for the period to be appropriated9905 | €7,263 | €743 | -€12,830 | €2,211 | -€4,399 | ▼ 299% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,433 | €13,006 | €3,838 | €6,205 | €2,249 | ▼ 63.8% |
| Formation expenses20 | €588 | €441 | €294 | €147 | - | - |
| Fixed assets21/28 | €626 | €470 | €313 | €157 | - | - |
| Tangible fixed assets22/27 | €626 | €470 | €313 | €157 | - | - |
| Furniture and vehicles24 | - | €470 | €313 | €157 | - | - |
| Current assets29/58 | €12,218 | €12,095 | €3,231 | €5,901 | €2,249 | ▼ 61.9% |
| Amounts receivable within one year40/41 | €506 | €755 | €1,381 | €5,882 | €2,211 | ▼ 62.4% |
| Trade receivables40 | - | - | - | €4,000 | - | - |
| Other amounts receivable41 | - | €755 | €1,381 | €1,882 | €2,211 | ▲ 17.5% |
| Cash at bank and in hand54/58 | €11,712 | €11,340 | €1,850 | €19 | €38 | ▲ 93.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,433 | €13,006 | €3,838 | €6,205 | €2,249 | ▼ 63.8% |
| Equity10/15 | €12,263 | €13,006 | €176 | €2,387 | -€2,012 | ▼ 184% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | - | €5,000 | €5,000 | €5,000 | - | - |
| Issued capital100 | - | €5,000 | €5,000 | €5,000 | - | - |
| Reserves13 | €363 | €363 | €363 | €363 | €363 | = |
| Non-distributable reserves130/1 | - | €363 | €363 | €363 | €363 | = |
| Reserves not available under the articles1311 | - | - | - | - | €363 | - |
| Other1319 | - | €363 | €363 | €363 | - | - |
| Profit (loss) carried forward14 | €6,900 | €7,643 | -€5,187 | -€2,976 | -€7,376 | ▼ 148% |
| Amounts payable17/49 | €1,170 | - | €3,662 | €3,818 | €4,261 | ▲ 11.6% |
| Amounts payable within one year42/48 | €1,170 | - | €3,662 | €3,818 | €4,261 | ▲ 11.6% |
| Trade debts44 | - | - | - | €240 | €1,065 | ▲ 345% |
| Suppliers440/4 | - | - | - | €240 | €1,065 | ▲ 345% |
| Other amounts payable47/48 | - | - | €3,662 | €3,578 | €3,196 | ▼ 10.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,263 | €743 | -€12,830 | €2,211 | -€4,399 | ▼ 299% |
| + Depreciation and write-downs630 | €304 | €304 | €304 | €304 | €304 | = |
| Operating cash flow (approximation) | €7,566 | €1,047 | -€12,527 | €2,515 | -€4,096 | ▼ 263% |
| Investment in fixed assets (approximation) | - | -€147 | -€147 | -€147 | - | - |
| Change in cash | - | -€372 | -€9,490 | -€1,830 | €18 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 979 companies in this sector we hold annual accounts for 587. See the whole sector
Board & ownership
1 director
Directors
Directors
1 director, last change in 2026
BENNAHI RADHI Lemrabott
CurrentDirector · since 23-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| BENNAHI RADHI Lemrabott |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Timeline
9 eventsLatest 23-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-03
State Gazette act
Appointment: Bennahi Radhi Lemrabott (director)Registered-office move3 facts ▸
State Gazette act
Appointment: Bennahi Radhi Lemrabott (director)
Registered-office move3 facts ▸
- General meeting, 03/03/2026
- Registered-office move, Rittwegerlaan 39, 1830 Machelen
- Director appointment, Bennahi Radhi Lemrabott
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Back to profitnet €2,211
Net result €2,211 after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€12,830
Net result drops to -€12,830, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 45 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 114 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 10-03-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded10-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Contact
E-mail
madridkiffa@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744897048
Also
9925:BE0744897048
Registered
06-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2020
Ground area
252 m²
Building footprint
97 m²
Volume, LiDAR
685 m³
Parcel 23047A0537/00X002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
BELLEWAR AUTO
since 2020unit no. 2.300.099.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0537/00X002 | Flanders | 252 m² | 1 · 97 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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