Turnover
≈ €100,000 estimated
The micro format states no turnover.
EFFE GROUP
Lifetime
2 annual accounts with figures on one time axispeak €18,493 (2025)
€18,493▲ €32,528
lowest -€16,674 (2024)
€15,333▲ €32,007
peak €3,659 (2025)
€3,659▲ €15,333
€15,695▼ 82.8%
Board1 name since 2023
1 directorKUBAT Cem
Documentsfilings and deeds
19-03-202642 days before the deadline
2025micro format
Gross margin from -€14,035 to €18,493Back to profit: €15,333Equity from -€11,674 to €3,659Debts from €91,278 to €15,695Cash from €4 to €12,306
Key points
from the 2025 annual accountsChecked score
56
Fair
Financially stronger than 69% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.8%
01-2025: 8.2%▲ +0.4 percentage points vs 12-2024
02-2025: 8.2%● unchanged vs 01-2025
03-2025: 8.2%● unchanged vs 02-2025
04-2025: 8.2%● unchanged vs 03-2025
05-2025: 8.2%● unchanged vs 04-2025
06-2025: 8.2%● unchanged vs 05-2025
07-2025: 8.2%● unchanged vs 06-2025
08-2025: 12.8%▲ +4.6 percentage points vs 07-2025
09-2025: 12.8%● unchanged vs 08-2025
10-2025: 12.8%● unchanged vs 09-2025
11-2025: 12.8%● unchanged vs 10-2025
12-2025: 12.8%● unchanged vs 11-2025
01-2026: 14.2%▲ +1.4 percentage points vs 12-2025
02-2026: 14.8%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 14.6%▼ -0.2 percentage points vs 02-2026
04-2026: 2.3%▼ -12.3 percentage points vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 2.4%● unchanged vs 07-2026
09-2026: 2.4%● unchanged vs 08-2026
10-2026: 1.9%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 1.9%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2023
Size: total assets €19,354
lowers risk
Liquidity: current ratio 1.11, cash €12,306
Calculation
The band follows from the bankruptcy probability. 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). It does better than 30% of them on solvency, 62% on liquidity, 94% on profitability and 91% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as EFFE GROUP has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EFFE GROUP itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for EFFE GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
42 days early
2024
75 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 17 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797957830
Registered office moved from Machelen to Zaventem
New registered office: Excelsiorlaan 71-1930 Zaventem · Previous registered office: Rittwegerlaan 50 bus 11, 1830 Machelen · General meeting of 06-02-2024 · Gazette deed
Incorporation
Founding capital of €5,000, 1,000 shares · Founder: KUBAT Cem · Appointment: KUBAT Cem (director) · published on 06-02-2023 · Gazette deed
First establishment
Excelsiorlaan 71, Zaventem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EFFE GROUP Zaventem | - | - | 18.9% | - |
| BXTX Sint-Gillis (bij-Brussel) | €70,409 | 9.5% | 54.9% | - |
| ADASTRA Charleroi | - | - | 63.7% | - |
| MBMH Services Ganshoren | - | - | 54.7% | - |
| 4MATIC LUXURY Asse | - | - | 6.2% | - |
| HALA INVESTMENT Leuven | - | - | 75.3% | - |
| ARRAS COMPAGNIE Sint-Pieters-Leeuw | €73,056 | 13.9% | 51.4% | - |
These companies have the same main activity as EFFE GROUP: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €15,700 and €25,100, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 02-02-2023Normal situation
- Registered office
- 283 active companies are registered at this address61 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330and 3 others
- Establishment unit
- 2.341.330.6691930 Zaventem, since 02-02-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 13-01-2026
Annual accounts to 30-09-2025
- €19,354▼ 75.7%
- Filing
- Filed on 19-03-2026, 42 days before the end of the filing period
Insights on EFFE GROUP
The computed 12-month bankruptcy probability of EFFE GROUP is 1.9% (moderate). The 2025 annual accounts show equity of €3,659 and a net result of €15,333.
Its solvency ranks better than 31% of 5,952 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EFFE GROUP
- What is the company number of EFFE GROUP?
- The company number of EFFE GROUP is 0797.957.830. The VAT number is the same number with BE in front: BE 0797.957.830.
- Where is EFFE GROUP based?
- The registered office is at Excelsiorlaan 71, 1930 Zaventem.Company details
- What does EFFE GROUP do?
- According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
- What is the legal form of EFFE GROUP?
- EFFE GROUP is a private limited company (BV).
- When was EFFE GROUP founded?
- EFFE GROUP was founded on 02-02-2023.
- Is EFFE GROUP still active?
- Yes, EFFE GROUP is an active enterprise in the KBO register.
- What is the turnover of EFFE GROUP?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €18,493 and 136 comparable companies (NACE 49330). It probably lies between €63,000 and €160,000. It is a rough estimate.Financials
- Is EFFE GROUP profitable?
- In financial year 2025, EFFE GROUP made a profit of €15,333.
- Where can I find the annual accounts of EFFE GROUP?
- EFFE GROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EFFE GROUP due?
- EFFE GROUP must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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