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BENGALI EXPRESS

Active
Private limited companyfounded 20233 yrs activeRue Albert 1,Roi des Belges(L.L) 76, 7100 La Louvière, BelgiumKBO/BCE: BE 0805.530.362
Summary

The computed 12-month bankruptcy probability of BENGALI EXPRESS is 2.2% (moderate). The 2024 annual accounts show equity of €29,609 and a net result of €47,609. Its solvency ranks better than 46% of 15862 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency59
Growth-
Track record79
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.53; short-term debt: 65.5% and cash: 68.2% of total assets), but 65.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
34.5%
Return on assets
55.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 6 September 2023, BENGALI EXPRESS was incorporated as a Private limited company.1 In 2026 the registered office moved to La Louvière.2 Afzal Ghulam Mohammad has served as director of the company since 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-08-2026

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Financials · fiscal year 2024, micro schema

Turnover
€146,389
EBIT margin
37.4%
Net result
€47,609
Working capital
€29,609

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €85,847
Equity €29,609
Debt €56,237
Debt finances 65.5% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.53
Quick ratio
1.48
Debt to equity
1.90
ROE
160.8%
ROA
55.5%
Debt ≤ 1 year
€56,237
Income taxes
€7,107

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are 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
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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%.

The companies in ten equal groups, from lowest to 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% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€85,847
Current assets29/58€85,847
Stocks and contracts in progress3€2,582
Stocks30/36€2,582
Amounts receivable within one year40/41€24,748
Trade receivables40€24,748
Cash at bank and in hand54/58€58,516
Equity and liabilities
Total equity and liabilities10/49€85,847
Equity10/15€29,609
Contributions10/11€2,000
Profit (loss) carried forward14€27,609
Amounts payable17/49€56,237
Amounts payable within one year42/48€56,237
Trade debts44€27,946
Suppliers440/4€27,946
Taxes, remuneration and social security45€8,291
Taxes450/3€8,291
Other amounts payable47/48€20,000
Income statement Code2024
Turnover70€146,389
Goods, raw materials, services and sundry goods60/61€91,070
Other operating charges640/8€500
Gross operating margin9900€55,319
Operating profit (loss)9901€54,819
Financial charges65/66B€103
Recurring financial charges65€103
Profit (loss) for the period before taxes9903€54,716
Income taxes67/77€7,107
Profit (loss) for the period9904€47,609
Profit (loss) for the period to be appropriated9905€47,609
Appropriation of the result
Profit (loss) to be appropriated9906€47,609
Profit to be distributed694/7€20,000
Directors or managers695€20,000

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€146,389
Goods, raw materials, services and sundry goods60/61€91,070
Other operating charges640/8€500
Gross operating margin9900€55,319
Operating profit (loss)9901€54,819
Financial charges65/66B€103
Recurring financial charges65€103
Profit (loss) for the period before taxes9903€54,716
Income taxes67/77€7,107
Profit (loss) for the period9904€47,609
Profit (loss) for the period to be appropriated9905€47,609
Line2024
Assets
Total assets20/58€85,847
Current assets29/58€85,847
Stocks and contracts in progress3€2,582
Stocks30/36€2,582
Amounts receivable within one year40/41€24,748
Trade receivables40€24,748
Cash at bank and in hand54/58€58,516
Equity and liabilities
Total equity and liabilities10/49€85,847
Equity10/15€29,609
Contributions10/11€2,000
Profit (loss) carried forward14€27,609
Amounts payable17/49€56,237
Amounts payable within one year42/48€56,237
Trade debts44€27,946
Suppliers440/4€27,946
Taxes, remuneration and social security45€8,291
Taxes450/3€8,291
Other amounts payable47/48€20,000
Line2024
Profit (loss) for the period9904€47,609
Operating cash flow (approximation)€47,609

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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Timeline · acts, filings and financial milestones

2026
27-08
State Gazette act Resignation: Rafique Mia Norul (director)
Appointment: Afzal Ghulam Mohammad (director) · Share transfer · Shareholding8 facts ▸
  • General meeting, 31-05-2026
  • Director resignation, Rafique Mia Norul (director)
  • Director appointment, Afzal Ghulam Mohammad (director)
  • Share transfer, Rafique Mia Norul → Afzal Ghulam Mohammad
  • Shareholding, actions, 100
  • Other statement, assumption of liabilities, Les actifs et passifs de la société sont repris par le nouveau administrateur. L'administrateur accepte l'ensemble des dettes de la s…
  • Other statement, release from liability, L'ancien administrateur n'est plus responsable de l'obligation financiéres, administratives et juridiques.
  • Registered-office move, Rue Albert 1er 76.7100 La Louvière
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
State Gazette actNBB filing
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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Directors · office · real estate

Directors
1 director, last change in 2026
Afzal Ghulam Mohammad
Director · since 27-08-2026
Current
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.
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,201 m²
Building footprint
3,089 m²
Volume, LiDAR
41,945 m³
2 parcels, Brussels, Wallonia · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BENGALI EXPRESS
Grasmarkt 105, 1000 BrusselAgents specialised in the wholesale of other particular products
since 20232.349.652.279
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21004A1111/00B000
ProtectedArchitectural ensemble · MonumentDe Borse - uitbreiding van de bescherming met bepaalde delenSource ↗
Brussels 3,019 m² 1 · 2,983 m² 20.1 m · 6 fl.
55372D0035/00C024 Wallonia 182 m² 1 · 106 m² 14.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Afzal Ghulam Mohammad
  • Director, from 27-08-2026 to date
Rafique Mia Norul
  • Director, until 31-05-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Shareholders according to the acts

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.349.652.279
1 permission
Toelating · Detailhandel · since 18-10-2023

Similar companies · same sector, comparable size

Of 4,409 companies in this sector we hold annual accounts for 1,891. 1,268 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded06-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46431Wholesale of electrical household appliances and audio-video equipment
47400Retail sale of information and communication equipment
49410Freight transport by road
62900Other information technology and computer services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805530362

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.