Checked.be
Active
BE 0777.655.235Private limited company
BELMAG International
Frankrijklei 100 ·2000 Antwerpen, Belgium· 4 yrs active
Sector: Driving schools for cars and motorcycles
(85531)
Conclusion
BELMAG International has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-23k) and a net result of €-34k. Its solvency ranks better than 15% of 1975 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-23k |
| Net result | €-34k |
| Better than sector | 15% |
| Active | 4 yrs |
Financial profile
58
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
22
Profitability
100
Solvency
43
Growth
32
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
22
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
60
2024
22
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.93 (< 1.0)
-10
Equity
Negative equity
-25
Profitability
ROE 152% (≥ 10%)
+10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-02-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 85, Education · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -7.6% | 43.8% | |
| Net result | €-34k | €7k | |
| Equity | €-23k | €33k | |
| Gross operating margin | €-34k | €26k | |
| Total assets | €297k | €94k |
€-34k
-
24-25
€297k
+25.5%
24-25
€-23k
-
24-25
€-23k
-
24-25
€-241
-
24-25
€320k
+42.1%
24-25
€320k
+42.1%
24-25
0.93
-11.7%
24-25
0.93
-11.7%
24-25
-7.6%
-
24-25
-14.15
-
24-25
152.0%
-88.7%
24-25
-11.6%
-
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | - | - |
| Net profit | €-34k | €158k |
| Cash flow | - | - |
| Staff costs | - | - |
| Income taxes | €-241 | €2k |
| Dividends | - | - |
| Total assets | €297k | €237k |
| Equity | €-23k | €12k |
| Debt | €320k | €225k |
| of which ≤ 1y | €320k | €225k |
| of which > 1y | - | - |
| Working capital | €-23k | €12k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2025 | 2024 | |
|---|---|---|
| Current ratio | 0.93 | 1.05 |
| Quick ratio | 0.93 | 1.05 |
| Working capital ratio | -7.6% | 5.0% |
| Solvency | -7.6% | 5.0% |
| Debt / equity | -14.15 | 19.14 |
| Long-term debt ratio | - | - |
| Interest coverage | - | - |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | -11.6% | 66.7% |
| ROE | 152.0% | 1343.6% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €297k | €237k |
| Current assets | 29/58 | €297k | €237k |
| Amounts receivable within one year | 40/41 | €297k | €233k |
| Cash & bank | 54/58 | €58 | €4k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €297k | €237k |
| Equity | 10/15 | €-23k | €12k |
| Contributions / capital | 10/11 | €5k | €5k |
| Accumulated profits (losses) | 14 | €-28k | €7k |
| Amounts payable | 17/49 | €320k | €225k |
| Amounts payable within one year | 42/48 | €320k | €225k |
| Trade debts payable within one year | 44 | €110k | €44k |
| Income statement | |||
| Gross operating margin | 9900 | €-34k | €160k |
| Operating result | 9901 | €-35k | €160k |
| Financial charges | 65 | €0 | - |
| Result before taxes | 9903 | €-35k | €160k |
| Income taxes | 67/77 | €-241 | €2k |
| Net result for the period | 9904 | €-34k | €158k |
| Result to be appropriated | 9905 | €-34k | €158k |
Directors & mandates
Current directors & mandates
-
Current19-03-2024 → present
Former directors (3)
-
Former- → 19-03-2024
-
Former- → 19-03-2024
-
Former- → 19-03-2024
Legal Structure
| NACE primary | Driving schools for cars and motorcycles(85531) |
| Legal form | Private limited company(610) |
| Incorporation | 24-11-2021 |
| Status | Active |
| Postal code | 2000 |
Establishment units
Rijschool E19
since 20212.324.518.787
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0054/00V006 | Flanders | 1,749 m² | 1 · 402 m² | 21.3 m · 5 fl. |
| 11803C0374/00V002 | Flanders | 91 m² | 1 · 91 m² | 31.4 m · 10 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 242 days late
2024
19-03
State Gazette act
Director changes
v3.2
2022
25-04
State Gazette act
Capital & shares
v3.2
2021
26-11
State Gazette act
Incorporation
oprichting
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 1
25-04-2022
v3.2
All acts · 3
updated 2 years ago
2024
19-03-2024 1 director appointed, 3 resigning
- BELGHARBI Mustafa, Bestuurder
- ABALI Chomicha, Bestuurder
- AZAHAF Samir, Bestuurder
- ABALI Bouchra, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ABALI Chomicha",
"address": null,
"birth_date": null
},
"evidence_quote": "6/ het ontslag uit hun functie van de huidige bestuurders: 1/Mevrouw ABALI Chomicha, wonende te 4611 BJ Bergen op Zoom (Nederland) , Hof Van Asselbergs 42; ... De algemene vergadering heeft volledige en algehele kwijting verleend aan de ontslagnemende bestuurders voor de uitoefening van het mandaat.",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AZAHAF Samir",
"address": null,
"birth_date": null
},
"evidence_quote": "6/ het ontslag uit hun functie van de huidige bestuurders: ... 2/ De heer AZAHAF Samir, wonende te 2320 Hoogstraten, Slommerhof 6; ... De algemene vergadering heeft volledige en algehele kwijting verleend aan de ontslagnemende bestuurders voor de uitoefening van het mandaat.",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ABALI Bouchra",
"address": null,
"birth_date": null
},
"evidence_quote": "6/ het ontslag uit hun functie van de huidige bestuurders: ... 3/ Mevrouw ABALI Bouchra, te 2320 Hoogstraten, Slommerhof 6. De algemene vergadering heeft volledige en algehele kwijting verleend aan de ontslagnemende bestuurders voor de uitoefening van het mandaat.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BELGHARBI Mustafa",
"address": null,
"birth_date": null
},
"evidence_quote": "Benoeming tot niet-statutaire bestuurder voor een onbepaalde duur van : de heer BELGHARBI Mustafa, wonende 94901 Nitra (Slowakije), Pod Trnkami 314 bus 20, dewelke het mandaat aanvaard heeft.",
"discharge_granted": false
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.655.235",
"name_full": "RIJSCHOOL SKILLZ",
"legal_form": "BV"
}
}2022
25-04-2022 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 25,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-12-28",
"evidence_quote": "Mevr. Chomicha Abali draagt 25 van haar aandelen aan mevr. Bouchra Abali en 25 aandelen aan dhr. Azahaf Samir.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.655.235",
"name_full": "RIJSCHOOL SKILLZ",
"legal_form": "BV"
}
}2021
26-11-2021 Incorporation of a new BV
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "2640 Mortsel, Antwerpsestraat 83",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-01-31",
"name": "ABALI Chomicha",
"niss": null,
"address": "Hof Van Asselbergs 42, 4611 BJ Bergen op Zoom (Nederland)"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "ABALI Chomicha",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0777.655.235",
"name_full": "RIJSCHOOL SKILLZ",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-11-24",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
Driving schools for cars and motorcycles85531
Names & trade names
| Legal nameNL | BELMAG International |
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