DRIVER STAR
ActiveSummary
The computed 12-month bankruptcy probability of DRIVER STAR is 6.6% (elevated). The 2024 annual accounts show negative equity (-€6,764) and a net result of -€6,764. Its solvency ranks better than 8% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€6,764
- Loss
- -€6,764
- ALSHAAR MOHAMMEDDirector
- BATESH AhmadDirector
Why 33raises riskFounded in 20231 financial year not filed after the legal deadline; 1 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)lowers riskSize: turnover €39,055, total assets €17,008Show the evidence
Checked score
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 5% on solvency, 11% on liquidity, 28% on profitability and 4% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 32 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Appointment: ALSHAAR MOHAMMED (director)Share transfer
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €6,660 in 2024 against €1,305 in 2023; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 7,639 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | - | €39,055 | - |
| Goods, raw materials, services and sundry goods60/61 | €1,305 | €32,796 | ▲ 25× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €10,024 | - |
| Other operating charges640/8 | - | €3,008 | - |
| Gross operating margin9900 | -€1,305 | €6,372 | - |
| Operating profit (loss)9901 | -€1,305 | -€6,660 | ▼ 410% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | €25 | €105 | ▲ 320% |
| Recurring financial charges65 | €25 | €105 | ▲ 320% |
| Profit (loss) for the period before taxes9903 | -€1,330 | -€6,764 | ▼ 409% |
| Profit (loss) for the period9904 | -€1,330 | -€6,764 | ▼ 409% |
| Profit (loss) for the period to be appropriated9905 | -€1,330 | -€6,764 | ▼ 409% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €8,670 | €17,008 | ▲ 96.2% |
| Fixed assets21/28 | - | €11,456 | - |
| Tangible fixed assets22/27 | - | €11,456 | - |
| Furniture and vehicles24 | - | €11,456 | - |
| Current assets29/58 | €8,670 | €5,552 | ▼ 36.0% |
| Amounts receivable within one year40/41 | €8,670 | €3,849 | ▼ 55.6% |
| Trade receivables40 | - | €2,768 | - |
| Other amounts receivable41 | €8,670 | €1,082 | ▼ 87.5% |
| Cash at bank and in hand54/58 | €0 | €1,703 | ▲ 15,479× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €8,670 | €17,008 | ▲ 96.2% |
| Equity10/15 | €8,670 | -€6,764 | - |
| Contributions10/11 | €10,000 | - | - |
| Contributions outside capital11 | €10,000 | - | - |
| Other1109/19 | €10,000 | - | - |
| Profit (loss) carried forward14 | -€1,330 | -€6,764 | ▼ 409% |
| Amounts payable17/49 | - | €23,772 | - |
| Amounts payable within one year42/48 | - | €23,772 | - |
| Trade debts44 | - | €23,772 | - |
| Suppliers440/4 | - | €23,772 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,330 | -€6,764 | ▼ 409% |
| + Depreciation and write-downs630 | - | €10,024 | - |
| Operating cash flow (approximation) | -€1,330 | €3,259 | - |
| Change in cash | - | €1,703 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 27-06-2025 | 2025-00192265 |
| 31-12-2023 | micro format | 05-11-2024 | 2024-00528110 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BATESH Ahmadfrom an act |
|
| ALSHAAR MOHAMMED |
|
Owners and capital
Capital and shareholders
- BATESH AHMAD to ALSHAAR MOHAMMED 95 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-02
Gazette deed
Appointment: ALSHAAR MOHAMMED (director)Share transfer4 facts ▸
- General meeting, 01-01-2026
- Director appointment, ALSHAAR MOHAMMED (director)
- Share transfer, BATESH AHMAD → ALSHAAR MOHAMMED
- Director in office, ALSHAAR MOHAMMED (director)
18-07
Gazette deed
IncorporationAppointment: BATESH Ahmad (director) · Founder · Founding capital6 facts ▸
- Founder, BATESH Ahmad (comparant)
- Incorporation, “DRIVER STAR” (deed in Dutch)
- Founding capital, €10,000
- Board rule, 1
- Director appointment, BATESH Ahmad (director)
- Other provision, “dag van verkrijging rechtspersoonlijkheid, begin van de werkzaamheden” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11346B1016/00R008 | Flanders | 190 m² | 1 · 137 m² | 14.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DRIVER STAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, overbrenging naar om het even welke plaats in Vlaamse Gewest of Brussels Hoofdstedelijk Gewest door eenvoudige beslissing…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, met of zonder beperking van duur” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht in winstverdeling” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Zoals vermeld in oorspronkelijke bekendmaking of bij betwisting door deskundige, na aftrek aandelen waarvan overdracht voorgesteld” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V. ALGEMENE VERGADERING Artikel 17. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed