Checked.be · Company dossierhttps://checked.be/en/c/best-way-0475773518 · as of 16-10-2026
BEST WAY
Active
Private limited company (pre-2019) · founded 2001 · active for 25 yearsMoerkerkse Steenweg 21, 8310 Brugge, BelgiumKBO/BCE: BE 0475.773.518
Summary
The computed 12-month bankruptcy probability of BEST WAY is 7.9% (elevated). For BEST WAY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €17,162 and a net result of -€25,249. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 70% of 24,046 sector peers (NACE 47, financial year 2023). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€31,510total assets 2023
Equity
€17,162
Loss
-€25,249
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.9%
2023 figures too old to score
Structure
Accounts 442 days overdue1 of 9 deeds read
Signalsraises riskFigures for financial year 2023 (filed 03-09-2024)2 financial years not filed after the legal deadline; latest accounts 30 days late; 1 of the last 3 lateLoss of €25,249 (financial year 2023)Two or more financial years not filedlowers riskFounded in 2001neutralFiled after the deadlineShow the evidence
Bankruptcy probability
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 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
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
Solvency79=
equity 54.5% of total assets
Liquidity33-7
short-term debt 45.5% · cash 4.2%
Profitability0-82
return on assets -80.1%
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.
7.9%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,211 companies, NACE 47, micro)
Last 24 months11-2024: 5.8%12-2024: 5.8%● unchanged vs 11-202401-2025: 5.8%● unchanged vs 12-202402-2025: 5.8%● unchanged vs 01-202503-2025: 5.7%▼ -0.1 percentage points vs 02-202504-2025: 5.8%▲ +0.1 percentage points vs 03-202505-2025: 5.7%▼ -0.1 percentage points vs 04-202506-2025: 5.7%● unchanged vs 05-202507-2025: 6.0%▲ +0.3 percentage points vs 06-202508-2025: 6.6%▲ +0.6 percentage points vs 07-202509-2025: 3.4%▼ -3.2 percentage points vs 08-202510-2025: 2.1%▼ -1.3 percentage points vs 09-2025lowest value11-2025: 2.2%▲ +0.1 percentage points vs 10-202512-2025: 2.9%▲ +0.7 percentage points vs 11-202501-2026: 5.3%▲ +2.4 percentage points vs 12-202502-2026: 5.3%● unchanged vs 01-202603-2026: 5.5%▲ +0.2 percentage points vs 02-202604-2026: 5.1%▼ -0.4 percentage points vs 03-202605-2026: 5.1%● unchanged vs 04-202606-2026: 5.1%● unchanged vs 05-202607-2026: 5.1%● unchanged vs 06-202608-2026: 7.0%▲ +1.9 percentage points vs 07-202609-2026: 7.0%● unchanged vs 08-202610-2026: 7.9%▲ +0.9 percentage points vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 27 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Appointment: MOHAMMAD MANAN (director)Share transfer · Shareholding ·…
Annual accounts filedfinancial year 2023 · micro…
Weakest financial yearnet -€25,249
Key points
Risk: Accounts not fileddeadline was 31-07-2025442 days lateView
Caution: Among the weakest 10% on net resultsector median €4,129 · 24,016 companies-€25,249View