KAYALI TRANSPORT
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of KAYALI TRANSPORT is 2.0% (moderate). The 2025 annual accounts show equity of €26,895 and a net result of €1,682. Equity has been shrinking by about 5.6% per year since 2018. Its solvency ranks better than 79% of 5,879 sector peers (NACE 49, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 20-02-2015 Normal situation
- Activity
- Non-scheduled passenger transport by road NACE 49320and 1 other
- Establishment unit
- 2.305.606.262 1080 Sint-Jans-Molenbeek, since 01-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- €34,291
- ▼ 0.3%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €1,682
- Equity
- €26,895
- ▲ 6.7%
- Total assets
- €39,196
- ▼ 20.8%
- Staff
- ≈ 0.6 FTE
- estimated
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)1 of the last 3 accounts lateLiquidity: current ratio 2.60, cash €71Size: total assets €39,196Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 79% of them on solvency, 34% on liquidity, 52% on profitability and 50% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 13 days before 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-06-2026 PDF all 10 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 5.3 times that of 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as KAYALI TRANSPORT: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €29,900 and €49,100, founded between 2011 and 2018.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| KAYALI TRANSPORT Sint-Jans-Molenbeek | 2015 | €39,196 | €26,895 | €34,291 | €1,682 | 2025 |
| GENERAL SPORTS NUTRITION Brussel | 2011 | €45,333 | €41,559 | €23,646 | -€4,546 | 2025 |
| LIMO CABS Brussel | 2017 | €39,772 | €28,433 | €50,881 | €10,880 | 2025 |
| TZ BUSINESS Brussel | 2017 | €45,920 | €21,426 | €16,712 | €126 | 2025 |
| Z. LIMO Brussel | 2018 | €49,142 | €41,883 | €23,689 | €13,807 | 2025 |
| L'ETOILE DU RIF Charleroi | 2017 | €47,912 | -€3,771 | €42,693 | -€4,389 | 2025 |
| CHACHA VOYAGES Liège | 2016 | €29,865 | -€94,306 | €21,863 | -€72,758 | 2024 |
They were chosen from the 797 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 10,904 companies had the same profile as KAYALI TRANSPORT has now. Two years later, 0.7% had gone bankrupt and 95.2% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
The bankruptcy probability of KAYALI TRANSPORT itself is higher: 2.0% within 12 months. It rests on far more data about KAYALI TRANSPORT than the profile alone.
Test of the method
The method was tested on the 497,445 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 10,904 companies, not a prediction for KAYALI TRANSPORT. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €15,408 | €20,766 | €21,253 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,360 | €11,360 | €11,360 | - | €10,664 | €4,400 | €1,650 | €2,200 | ▲ 33.3% |
| Other operating charges640/8 | - | - | - | €6,850 | €5,900 | €7,779 | €7,513 | €3,934 | ▼ 47.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €3,164 | - | - |
| Gross operating margin9900 | €46,920 | -€11,559 | €26,583 | €5,860 | €13,320 | €42,686 | €34,395 | €34,291 | ▼ 0.3% |
| Operating profit (loss)9901 | €27,297 | -€28,719 | €8,704 | -€990 | -€3,245 | €15,099 | €1,301 | €6,904 | ▲ 430% |
| Financial income75/76B | - | - | - | - | - | - | €17 | €0 | ▼ 98.4% |
| Recurring financial income75 | - | - | - | - | - | - | €17 | €0 | ▼ 98.4% |
| Financial charges65/66B | - | - | - | €299 | €1,028 | €3,163 | €1,486 | €1,397 | ▼ 6.0% |
| Recurring financial charges65 | €6,463 | €1,414 | €624 | €299 | €1,028 | €3,163 | €1,486 | €1,397 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €20,834 | -€30,133 | €8,080 | -€1,289 | -€4,273 | €11,935 | -€168 | €5,508 | - |
| Income taxes67/77 | €5,827 | €3,082 | €3,562 | - | €7,614 | €6,214 | €648 | €3,826 | ▲ 491% |
| Profit (loss) for the period9904 | €15,007 | -€33,215 | €4,518 | -€1,289 | -€11,887 | €5,722 | -€815 | €1,682 | - |
| Profit (loss) for the period to be appropriated9905 | €15,007 | -€33,215 | €4,518 | -€1,289 | -€11,887 | €5,722 | -€815 | €1,682 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €122,172 | €80,936 | €74,457 | €56,640 | €41,022 | €43,656 | €49,474 | €39,196 | ▼ 20.8% |
| Fixed assets21/28 | €44,184 | €32,823 | €21,329 | €21,329 | €10,664 | €6,264 | €9,350 | €7,150 | ▼ 23.5% |
| Tangible fixed assets22/27 | €44,049 | €32,688 | €21,329 | €21,329 | €10,664 | €6,264 | €9,350 | €7,150 | ▼ 23.5% |
| Furniture and vehicles24 | - | - | - | €8,800 | €4,400 | €6,264 | €9,350 | €7,150 | ▼ 23.5% |
| Leasing and similar rights25 | - | - | - | €12,529 | €6,264 | - | - | - | - |
| Financial fixed assets28 | €135 | €135 | - | - | - | - | - | - | - |
| Current assets29/58 | €77,988 | €48,113 | €53,128 | €35,311 | €30,357 | €37,391 | €40,124 | €32,046 | ▼ 20.1% |
| Amounts receivable within one year40/41 | €59,888 | €26,418 | €35,428 | €28,377 | €29,983 | €37,017 | €39,699 | €31,632 | ▼ 20.3% |
| Trade receivables40 | - | - | - | €28,377 | €29,983 | €37,017 | €33,245 | €29,566 | ▼ 11.1% |
| Other amounts receivable41 | - | - | - | - | - | - | €6,455 | €2,066 | ▼ 68.0% |
| Cash at bank and in hand54/58 | €2,957 | €6,552 | €2,557 | €6,590 | €31 | €31 | €81 | €71 | ▼ 12.4% |
| Deferred charges and accrued income490/1 | - | - | - | €344 | €344 | €344 | €344 | €344 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €122,172 | €80,936 | €74,457 | €56,640 | €41,022 | €43,656 | €49,474 | €39,196 | ▼ 20.8% |
| Equity10/15 | €62,178 | €28,963 | €33,481 | €32,193 | €20,306 | €26,028 | €25,212 | €26,895 | ▲ 6.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €8,060 | €8,060 | €8,060 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | €54,118 | €20,903 | €25,421 | €24,133 | €12,246 | €17,968 | €17,152 | €18,835 | ▲ 9.8% |
| Amounts payable17/49 | €59,994 | €51,973 | €40,976 | €24,447 | €20,716 | €17,628 | €24,262 | €12,302 | ▼ 49.3% |
| Amounts payable after more than one year17 | €32,157 | €19,366 | €12,752 | €7,314 | €2,709 | - | €1,982 | - | - |
| Financial debts170/4 | - | - | - | €7,314 | €2,709 | - | €1,982 | - | - |
| Amounts payable within one year42/48 | €27,837 | €32,607 | €28,224 | €17,133 | €18,007 | €17,628 | €22,280 | €12,302 | ▼ 44.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,083 | €2,302 | - | €7,617 | €1,982 | ▼ 74.0% |
| Financial debts43 | - | - | - | €5,785 | €7,837 | €8,223 | €4,438 | €3,107 | ▼ 30.0% |
| Credit institutions430/8 | - | - | - | €5,785 | €7,837 | €8,223 | €4,438 | €3,107 | ▼ 30.0% |
| Trade debts44 | €6,595 | €10,682 | €1,975 | €1,781 | €2,832 | €10 | €539 | €128 | ▼ 76.3% |
| Suppliers440/4 | - | - | - | €1,781 | €2,832 | €10 | €539 | €128 | ▼ 76.3% |
| Taxes, remuneration and social security45 | - | - | - | €3,630 | €4,504 | €9,395 | €9,685 | €7,085 | ▼ 26.8% |
| Taxes450/3 | - | - | - | €3,630 | €4,504 | €9,395 | €8,954 | €7,085 | ▼ 20.9% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €731 | - | - |
| Other amounts payable47/48 | - | - | - | €2,854 | €532 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,007 | -€33,215 | €4,518 | -€1,289 | -€11,887 | €5,722 | -€815 | €1,682 | - |
| + Depreciation and write-downs630 | €11,360 | €11,360 | €11,360 | - | €10,664 | €4,400 | €1,650 | €2,200 | ▲ 33.3% |
| Operating cash flow (approximation) | €26,367 | -€21,855 | €15,878 | -€1,289 | -€1,222 | €10,122 | €835 | €3,882 | ▲ 365% |
| Investment in fixed assets (approximation) | - | €1 | €134 | €0 | €0 | €0 | -€4,736 | €0 | - |
| Change in cash | - | €3,595 | -€3,995 | €4,033 | -€6,559 | €0 | €50 | -€10 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00150574 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00537393 | |
| 31-12-2023 | micro format | 09-02-2024 | 2024-00028738 | |
| 31-12-2022 | micro format | 13-06-2023 | 2023-00143698 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20097247 | |
| 31-12-2020 | full format | 03-09-2021 | 2021-66800179 | |
| 31-12-2019 | full format | 04-12-2020 | 2020-74800214 | |
| 31-12-2018 | full format | 19-03-2020 | 2020-07100153 | |
| 31-12-2017 | full format | 10-03-2020 | 2020-06500267 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-59700401 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 11-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KAYALI Necmettin |
|
| Yurukoglu Guldane |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation, organe d'administration”“Gratuit sauf décision contraire assemblée générale, assemblée à majorité absolue ou actionnaire unique fixe montant fixe ou proportionnel”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, cession d'actions”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu statuts si…”
Articles of association, deed of 11-01-2024 (in French)
Network & group
KAYALI TRANSPORT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of KAYALI TRANSPORT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-01
Gazette deed
Resignation: KAYALI Necmettin (manager)Appointment: KAYALI Necmettin (director) · Amendment of the articles · Capital conversion7 points ▸
- General meeting, 28-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director resignation, KAYALI Necmettin (manager)
- Director appointment, KAYALI Necmettin (director (not named in the articles))
- Director discharge, KAYALI Necmettin
23-01
Gazette deed
Resignation: Yurukoglu Guldane (director)2 points ▸
- General meeting, 31-12-2022
- Director resignation, Yurukoglu Guldane (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21524C0257/00T000 | Brussels | 164 m² | 1 · 66 m² | 9.7 m · 3 |