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FAZL

Active
Private limited companyfounded 2025active for 1 yearSint-Markoenstraat 5, 9032 Gent, BelgiumKBO/BCE: BE 1019.576.601
Summary

The computed 12-month bankruptcy probability of FAZL is 4.6% (elevated). The 2025 annual accounts show negative equity (-€203) and a net result of -€203. The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
“Exploitatie van taxi’s - Verhuur van personenauto’s met chauffeur” (deed in Dutch)
From the articles, 6 activitiesNo NACE code in the KBO yet1 site
Size
€19,812total assets 2025
Equity
-€203
Loss
-€203
Turnover not published (micro format)
Financial health
37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.6%
Structure
Accounts filed 37 days late
Why 37raises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2025Latest accounts 37 days late; 1 of the last 3 latelowers riskFigures for financial year 2025 (filed 06-09-2026)Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 49, micro)
Financial strength
Weak
Solvency 24
equity -1.0% of total assets
Liquidity 25
short-term debt 101.0% · cash 20.2%
Profitability 67
return on assets -1.0%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,088 companies, NACE 49, micro)
Last 24 months 03-2026: 6.5% 04-2026: 6.6%▲ +0.1 percentage points vs 03-2026 05-2026: 6.7%▲ +0.1 percentage points vs 04-2026 06-2026: 7.1%▲ +0.4 percentage points vs 05-2026 07-2026: 7.1%● unchanged vs 06-2026 08-2026: 7.6%▲ +0.5 percentage points vs 07-2026 09-2026: 7.9%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 4.6%▼ -3.3 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.29, below 1; short-term debt: 101% and cash: 20.2% of total assets), and equity is negative.
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 14% on solvency, 22% on liquidity and 38% on profitability.

The bankruptcy probability was computed on 19-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 37 days late; 1 of the last 3 late
NBB · filings
lowers risk · Figures for financial year 2025 (filed 06-09-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-09-2026, 37 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.
NBB · 1 filing
Deviation from the deadline
2025
37 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. IncorporationAppointment: FAZLI Faizal (director) ·…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€203 View
  • Total assets 2025first financial year filed €19,812 View
  • Active since 2025founded 04-02-2025 1 years View

By topic

Financials

Financial year
2025
Total assets
€19,812
Loss
-€203
Solvency
-1.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Founded
04-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
38
Annual meeting
Second Monday of June at 18:00
Purpose
“Exploitatie van taxi’s - Verhuur van personenauto’s met chauffeur; Detailhandel in…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

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