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BETTER CHOICE

Active
Private limited companyfounded 20242 yrs activeAlbert Bevernagelei 44, 2100 Antwerpen, BelgiumKBO/BCE: BE 1005.634.038
Summary

The computed 12-month bankruptcy probability of BETTER CHOICE is 4.0% (moderate). The 2025 annual accounts show negative equity (-€29,655) and a net result of -€6,865. Its solvency ranks better than 5% of 18716 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58
Track record82
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.25 in 2024; short-term debt: 358.2% and cash: 91.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-263.8%
Return on assets
-61.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€29,655
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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 5 February 2024, BETTER CHOICE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€29,655▼ 30.1%
2024 · -€22,791
Total assets
€11,240▲ 50.2%
2024 · €7,484
Net result
-€6,865▲ 72.3%
2024 · -€24,791
Working capital
-€29,023▼ 31.5%
2024 · -€22,079
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€24,781--€6,877▲ 72.3%
Net result-€24,791below the sector's middle half--€6,865below the sector's middle half▲ 72.3%
Equity-€22,791below the sector's middle half--€29,655below the sector's middle half▼ 30.1%
Total assets€7,484below the sector's middle half-€11,240below the sector's middle half▲ 50.2%
Debt€30,275-€40,896▲ 35.1%
Working capital-€22,079below the sector's middle half--€29,023below the sector's middle half▼ 31.5%
Solvency-304.5%below the sector's middle half--263.8%below the sector's middle half▲ 40.7pp
Current ratio0.25below the sector's middle half-0.28below the sector's middle half▲ 0.03
Return on assets (ROA)-331.3%below the sector's middle half--61.1%below the sector's middle half▲ 270.2pp
Staff (FTE)1.1-
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2024: -€24,781-€24,781Net result 2024: -€24,791-€24,791Operating result 2025: -€6,877-€6,877Net result 2025: -€6,865-€6,86520242025-€30,000-€20,000-€10,000€0Operating result 2024: -€24,781-€24,800Net result 2024: -€24,791-€24,800Operating result 2025: -€6,877-€6,880Net result 2025: -€6,865-€6,86020242025
The operating result stays negative: a loss of €6,877 in 2025 against €24,781 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.38▼
2024 · -1.33
Debt ≤ 1 year
€40,264▲
2024 · €29,563
Staff costs
€12,776▲
2024 · €11,886
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% 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 4.0% 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 497,340 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 7,638 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 · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€7,484€11,240▲
Current assets29/58€7,484€11,240▲
Cash at bank and in hand54/58€2,542€10,240▲
Deferred charges and accrued income490/1€4,942€1,000▼
Equity and liabilities
Total equity and liabilities10/49€7,484€11,240▲
Equity10/15-€22,791-€29,655▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€24,791-€31,655▼
Amounts payable17/49€30,275€40,896▲
Amounts payable within one year42/48€29,563€40,264▲
Trade debts44€1,485€3,559▲
Suppliers440/4€1,485€3,559▲
Advances received on contracts in progress46€25,090€25,090=
Taxes, remuneration and social security45€2,988€11,335▲
Taxes450/3€478€2,652▲
Remuneration and social security454/9€2,510€8,682▲
Other amounts payable47/48-€280
Accrued charges and deferred income492/3€712€632▼
Income statement Code20242025
Remuneration, social security and pensions62€11,886€12,776▲
Other operating charges640/8€109€802▲
Gross operating margin9900-€12,786€6,701▲
Operating profit (loss)9901-€24,781-€6,877▲
Financial income75/76B-€69
Recurring financial income75-€69
Financial charges65/66B€10€57▲
Recurring financial charges65€10€57▲
Profit (loss) for the period before taxes9903-€24,791-€6,865▲
Profit (loss) for the period9904-€24,791-€6,865▲
Profit (loss) for the period to be appropriated9905-€24,791-€6,865▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,791-€31,655▼
Profit (loss) brought forward from the previous period14P--€24,791

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

Line20242025Change
Remuneration, social security and pensions62€11,886€12,776▲ 7.5%
Other operating charges640/8€109€802▲ 633%
Gross operating margin9900-€12,786€6,701▲ 152%
Operating profit (loss)9901-€24,781-€6,877▲ 72.3%
Financial income75/76B-€69-
Recurring financial income75-€69-
Financial charges65/66B€10€57▲ 474%
Recurring financial charges65€10€57▲ 474%
Profit (loss) for the period before taxes9903-€24,791-€6,865▲ 72.3%
Profit (loss) for the period9904-€24,791-€6,865▲ 72.3%
Profit (loss) for the period to be appropriated9905-€24,791-€6,865▲ 72.3%
Line20242025Change
Assets
Total assets20/58€7,484€11,240▲ 50.2%
Current assets29/58€7,484€11,240▲ 50.2%
Cash at bank and in hand54/58€2,542€10,240▲ 303%
Deferred charges and accrued income490/1€4,942€1,000▼ 79.8%
Equity and liabilities
Total equity and liabilities10/49€7,484€11,240▲ 50.2%
Equity10/15-€22,791-€29,655▼ 30.1%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€24,791-€31,655▼ 27.7%
Amounts payable17/49€30,275€40,896▲ 35.1%
Amounts payable within one year42/48€29,563€40,264▲ 36.2%
Trade debts44€1,485€3,559▲ 140%
Suppliers440/4€1,485€3,559▲ 140%
Advances received on contracts in progress46€25,090€25,090=
Taxes, remuneration and social security45€2,988€11,335▲ 279%
Taxes450/3€478€2,652▲ 455%
Remuneration and social security454/9€2,510€8,682▲ 246%
Other amounts payable47/48-€280-
Accrued charges and deferred income492/3€712€632▼ 11.2%
Line20242025Change
Profit (loss) for the period9904-€24,791-€6,865▲ 72.3%
Operating cash flow (approximation)-€24,791-€6,865▲ 72.3%
Change in cash-€7,698-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
119 m²
Building footprint
119 m²
Volume, LiDAR
1,216 m³
Parcel 11012A0024/00Y010, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KHAN MOTORS
Albert Bevernagelei 44, 2100 AntwerpenNACE 45113
since 20242.355.743.978
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11012A0024/00Y010 Flanders 119 m² 1 · 119 m² 11.2 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.

Similar companies · same sector and region

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 10,662 companies in sector 47811 we hold annual accounts for 5,227. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Contact
E-mail khanaghasafi123@gmail.com
Phone 0465548196
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005634038
Registered 27-03-2026

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.