Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €32,213
- Solvency
- 5.8%
Total assets▲ 1,497%
Net result
20232024
BiofuelsCo
ActiveSummary
The computed 12-month bankruptcy probability of BiofuelsCo is 3.1% (moderate). The 2024 annual accounts show equity of €67,344 and a net result of €32,213. Its solvency ranks better than 25% of 15861 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810NACE 46710
1 site
Size
€1.2mtotal assets 2024
- Equity
- €67,344
- Profit
- €32,213
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 50- Figures for FY 2024 (filed 31-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late- Equity €67,344 (5.8% of total assets)+ Size: total assets €1.2mShow the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
31-42
equity 5.8% of total assets
Liquidity
1-73
short-term debt 94.2% · cash 1.0%
Profitability
47-8
return on assets 2.8%
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%▼ -0.7% vs 11-2024lowest value
01-2025: 1.2%▲ +2.4% vs 12-2024
02-2025: 1.2%▲ +2.0% vs 01-2025
03-2025: 1.2%▼ -0.4% vs 02-2025
04-2025: 1.4%▲ +17.8% vs 03-2025
05-2025: 1.7%▲ +18.8% vs 04-2025
06-2025: 1.7%▼ -1.3% vs 05-2025
07-2025: 1.7%▲ +1.1% vs 06-2025
08-2025: 2.6%▲ +58.1% vs 07-2025
09-2025: 2.4%▼ -7.8% vs 08-2025
10-2025: 2.4%▼ -0.3% vs 09-2025
11-2025: 2.4%● 0.0% vs 10-2025
12-2025: 2.4%● 0.0% vs 11-2025
01-2026: 2.4%▼ -1.2% vs 12-2025
02-2026: 2.4%▲ +1.3% vs 01-2026
03-2026: 2.4%● 0.0% vs 02-2026
04-2026: 3.0%▲ +21.8% vs 03-2026
05-2026: 3.8%▲ +27.7% vs 04-2026
06-2026: 4.1%▲ +8.0% vs 05-2026
07-2026: 4.2%▲ +4.0% vs 06-2026highest value
08-2026: 2.2%▼ -48.5% vs 07-2026
09-2026: 2.3%▲ +4.9% vs 08-2026
10-2026: 3.1%▲ +37.1% vs 09-2026
- Figures for FY 2024 (filed 31-08-2025) raises the probability
- Size: total assets €1.2m lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late raises the probability
- Equity €67,344 (5.8% of total assets) raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.93 in 2023; short-term debt: 94.2% and cash: 1% of total assets), and 94.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 20%, liquidity 4%, profitability 37%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 15861 sector peers (2024).
NBB · sector comparisonPosition among 15861 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 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 31 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
- 31-08-2025Annual accounts filed
- 31-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of solid, liquid and gaseous fuels and…NACE 46810
- Founded
- 11-01-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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