Skip to content

KELZI

Active
Private limited companyfounded 2024active for 2 yearsStalingradlaan 112, 1000 Brussel, BelgiumKBO/BCE: BE 1010.343.387
Summary

The computed 12-month bankruptcy probability of KELZI is 11.3% (high). The 2024 annual accounts show equity of €20,479 and a net result of €479. Its solvency ranks better than 64% of 6,614 sector peers (NACE 49, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 13-06-2024 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330
Establishment unit
2.362.348.094 1970 Wezembeek-Oppem, since 01-07-2024
Financial year end
31 December
Peppol
Reachable

Board and ownership

Financial position

32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.3%
Annual accounts 2024
Gross margin
€2,779
Turnover
≈ €15,000
estimated
Profit
€479
Equity
€20,479
Total assets
€40,049
  • 2024 accounts filed 61 days after the deadline
Score breakdownraises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 01-10-2025)Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 46% of micro companies in land transport (NACE 49)
Financial strength
Strong
Solvency 76
equity 51.1% of total assets
Liquidity 34
short-term debt 48.9% · cash 6.7%
Profitability 70
return on assets 1.2%
Bankruptcy probability within 12 months
11.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 07-2025: 3.7%lowest value 08-2025: 3.8%▲ +0.1 percentage points vs 07-2025 09-2025: 3.9%▲ +0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +0.4 percentage points vs 09-2025 11-2025: 4.5%▲ +0.2 percentage points vs 10-2025 12-2025: 4.6%▲ +0.1 percentage points vs 11-2025 01-2026: 4.8%▲ +0.2 percentage points vs 12-2025 02-2026: 4.7%▼ -0.1 percentage points vs 01-2026 03-2026: 4.8%▲ +0.1 percentage points vs 02-2026 04-2026: 4.8%● unchanged vs 03-2026 05-2026: 4.8%● unchanged vs 04-2026 06-2026: 4.9%▲ +0.1 percentage points vs 05-2026 07-2026: 5.0%▲ +0.1 percentage points vs 06-2026 08-2026: 5.4%▲ +0.4 percentage points vs 07-2026 09-2026: 5.6%▲ +0.2 percentage points vs 08-2026 10-2026: 11.3%▲ +5.7 percentage points vs 09-2026highest value 11-2026: 11.3%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.02, below the usual 1.5. Short-term debt is 48.9% and cash 6.7% of total assets. 48.9% of the assets are financed with debt and provisions.
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 64% of them on solvency, 31% on liquidity and 43% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 61 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2024, micro format

2024 annual accounts filed 61 days after the deadline Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00521008.

Annual accounts 2024 filed on 30-09-2025 PDF

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €15,000
Estimated: probably between €9,600 and €25,000
Total assets
€40,049
Net result
€479
Working capital
€327

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €40,049
Fixed assets €20,152
Current assets €19,897
Equity and liabilities €40,049
Equity €20,479
Debt €19,570
Debt's share of the balance-sheet total is 48.9%.
Key figures and ratios
2024 value
EBITDA
€2,390
Cash flow
€2,327
Current ratio
1.02
Debt to equity
0.96
ROE
2.3%
ROA
1.2%
Interest coverage
37.85
Debt ≤ 1 year
€19,570

Investments

fixed assets acquired
Item2024
Tangible fixed assets€22,000
Depreciation and write-downs of the year€1,848

Source: notes to the 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 28 lines
Balance sheet Code2024
Assets
Total assets20/58€40,049
Fixed assets21/28€20,152
Tangible fixed assets22/27€20,152
Furniture and vehicles24€20,152
Current assets29/58€19,897
Amounts receivable within one year40/41€17,223
Trade receivables40€17,104
Other amounts receivable41€120
Cash at bank and in hand54/58€2,674
Equity and liabilities
Total equity and liabilities10/49€40,049
Equity10/15€20,479
Contributions10/11€20,000
Profit (loss) carried forward14€479
Amounts payable17/49€19,570
Amounts payable within one year42/48€19,570
Trade debts44€18,096
Suppliers440/4€18,096
Other amounts payable47/48€1,474
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,848
Other operating charges640/8€388
Gross operating margin9900€2,779
Operating profit (loss)9901€542
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903€479
Profit (loss) for the period9904€479
Profit (loss) for the period to be appropriated9905€479
Appropriation of the result
Profit (loss) to be appropriated9906€479

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,848
Other operating charges640/8€388
Gross operating margin9900€2,779
Operating profit (loss)9901€542
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903€479
Profit (loss) for the period9904€479
Profit (loss) for the period to be appropriated9905€479
Line2024
Assets
Total assets20/58€40,049
Fixed assets21/28€20,152
Tangible fixed assets22/27€20,152
Furniture and vehicles24€20,152
Current assets29/58€19,897
Amounts receivable within one year40/41€17,223
Trade receivables40€17,104
Other amounts receivable41€120
Cash at bank and in hand54/58€2,674
Equity and liabilities
Total equity and liabilities10/49€40,049
Equity10/15€20,479
Contributions10/11€20,000
Profit (loss) carried forward14€479
Amounts payable17/49€19,570
Amounts payable within one year42/48€19,570
Trade debts44€18,096
Suppliers440/4€18,096
Other amounts payable47/48€1,474
Line2024
Profit (loss) for the period9904€479
+ Depreciation and write-downs630€1,848
Operating cash flow (approximation)€2,327

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,546 companies had the same profile as KELZI has now. Two years later, 2.3% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.2% stopped otherwise
94.3% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of KELZI itself is higher: 11.3% within 12 months. It rests on far more data about KELZI than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,546 companies, not a prediction for KELZI. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00521008 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2026
TARTAR МОНАМАD
Director · appointed in the act of 20-02-2025
Current
Bouchra Jira SOUALAH
Director · appointed in the act of 04-09-2026 · also on the board of 2 other companies · 1 other company struck off
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 17-06-2024

Owners and capital

Shareholders

Share transfer act of 20-10-2025 ↗
  • KALZI DIBO to KELZI МОНАМED 50 shares
At incorporation act of 17-06-2024 ↗
  • KALZI Dibo 50 shares (50%) · €10,000
  • KELZI Mohamad 50 shares (50%) · €10,000

Capital transactions

Capital over time
  1. 17-06-2024 Incorporation · €20,000 · 100 shares

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director was struck off by the FPS Economy (2025).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Mandate history

6 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
TARTAR МОНАМАD
  • Director, appointed in the act of 20-02-2025, still in office
Bouchra Jira SOUALAH
  • Director, appointed in the act of 04-09-2026, still in office
ABBAS Mustafa
  • Director, appointed in the act of 29-01-2026, until 01-03-2026
KELZI Mohamad
  • Director (not named in the articles), appointed in the act of 17-06-2024, until 01-03-2026
Elsayed Mohamed Abdelaal Mohamed
  • Director, appointed in the act of 29-10-2024, until 21-01-2026
TARTAR MOHAMAD
  • Director, until 20-10-2025
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Met of zonder beperking, 10”
“12, algemene kosten los van representatie- reis- en verplaatsingskosten”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Ieder aandeel geeft gelijk recht in winstverdeling en vereffeningsaldo, 100”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer…”
Share issue ruleThe articles set how and by whom new shares are issued.
“Inbreng in geld met uitgifte van nieuwe aandelen, ten minste vijftien dagen te rekenen van dag openstelling intekening”

Articles of association, deed of 17-06-2024 (in Dutch)

Network & group

Companies at the same address

9 other companies

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ALSARHAN
via Bouchra Jira SOUALAH · Sole director
→
→

Timeline

Acts, filings and financial milestones

2026
04-09
Gazette deed Registered office moved within Bruxelles
Resignations: Abbas Mustafa (director) and Kelzi Mohamad (director) · Appointment: Soualah Bouchra Jira (director) · Share transfer10 points ▸
  • General meeting, 01-03-2026
  • Share transfer, Abbas Mustafa → Soualah Bouchra Jira
  • Share transfer, Kelzi Mohamad → Soualah Bouchra Jira
  • Soualah Bouchra Jira holds 100 shares
  • Abbas Mustafa is a shareholder
  • Kelzi Mohamad is a shareholder
  • Director resignation, Abbas Mustafa (director)
  • Director resignation, Kelzi Mohamad (director)
  • Director appointment, Soualah Bouchra Jira (director)
  • Registered-office move, Avenue Stalingrad 112, 1000 Bruxelles

Open the act in the Belgian Official Gazette

29-01
Gazette deed Appointment: ABBAS Mustafa (director)
Resignation: Elsayed Mohamed Abdelaal Mohamed (director)3 points ▸
  • General meeting, 21-01-2026
  • Director appointment, ABBAS Mustafa (director)
  • Director resignation, Elsayed Mohamed Abdelaal Mohamed (director)

Open the act in the Belgian Official Gazette

2025
20-10
Gazette deed Transfer of 50 shares
Resignation: TARTAR MOHAMAD (director)4 points ▸
  • General meeting, 30-09-2025
  • Share transfer, KALZI DIBO → KELZI МОНАМED
  • Director resignation, TARTAR MOHAMAD (director)
  • Board composition, KELZI MOHAMAD (director)

Open the act in the Belgian Official Gazette

30-09
NBB filing Annual accounts 2024 filedPDF
micro format · 61 days late
20-02
Gazette deed Appointment: TARTAR МОНАМАD (director)
2 points ▸
  • General meeting, 01-10-2024
  • Director appointment, TARTAR МОНАМАD (director)

Open the act in the Belgian Official Gazette

2024
29-10
Gazette deed Appointment: ELSAYED MOHAMED ABDELAAL MOHAMED (director)
2 points ▸
  • General meeting, 18-10-2024
  • Director appointment, ELSAYED MOHAMED ABDELAAL MOHAMED (director)

Open the act in the Belgian Official Gazette

17-06
Gazette deed Incorporation
Starting capital €20,000 · Appointment: KELZI Mohamad (director) · Founder9 points ▸
  • Founder, KALZI Dibo (comparant)
  • Founder, KELZI Mohamad (comparant)
  • Incorporation, “KELZI” (deed in Dutch)
  • Founding capital, €20,000
  • Other provision, “beschikking over stortingen en vaststelling statuten”, 20000 (deed in Dutch)
  • Registered office clause, “1000 Brussel, Masuistraat, 80A” (deed in Dutch)
  • Board rule, 1, “vergadering” (deed in Dutch)
  • Director appointment, KELZI Mohamad (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 June 2024, KELZI was incorporated as a private limited company by two natural persons, with a starting capital of €20,000.12 In 2026 the registered office moved to Bruxelles.3 Today the board has 2 members.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-06-2024
  3. 3Belgian Official Gazette, 04-09-2026

Company details

Register details

Identity

KBO record
Name KELZI in Dutch
Enterprise number 1010.343.387
Legal form Private limited company
Status Active, normale toestand
Founded 13-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Brussels Hoofdstedelijk Gewest, bij enkel besluit van bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en…”
deed of 17-06-2024 (in Dutch)

Registered office and establishments

Registered office Stalingradlaan 112, 1000 Brussel, Belgium
Establishment unit KELZI, Lange Eikstraat 46, 1970 Wezembeek-Oppem since 01-07-2024 · unit number 2.362.348.094

Activities

NACEBEL 2025
VAT activities
49330 On-demand passenger transport by chauffeured vehicle main activity
Social security (RSZ) activities
49330 On-demand passenger transport by chauffeured vehicle main activity
Codes under NACEBEL 2008
VAT activities
49320 Taxi operation main activity
Social security (RSZ) activities
49320 Taxi operation main activity

Invoicing and payment

VAT number BE 1010.343.387
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010343387

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 18:00
deed of 17-06-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
10 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
641 m²
Building footprint
439 m²
Building volume
4,674 m³
Tallest building: 18.5 m.
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3
21809K0187/00N015 Brussels 121 m² 1 · 115 m² 18.5 m · 6