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MAHSA

Active
Private limited companyfounded 2025active for 1 yearBergstraat 10, 9320 Aalst, BelgiumKBO/BCE: BE 1019.176.921
Summary

The computed 12-month bankruptcy probability of MAHSA is 5.7% (elevated). The 2025 annual accounts show equity of €16,087 and a net result of €15,787. Its solvency ranks better than 57% of 5,868 sector peers (NACE 49, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MAHSAActiveChecked score 38/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330
2 sites
Size
≈ €130,000turnover 2025, estimated
Equity
€16,087
Profit
€15,787
Turnover estimated from the gross margin
Financial health
38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.7%
Structure
2025 accounts filed 30 days late
Why 38raises riskFounded in 2025Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €35,643lowers riskFigures for financial year 2025 (filed 09-09-2026)Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 57% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 70
equity 45.1% of total assets
Liquidity 24
short-term debt 54.9% · cash 2.0%
Profitability 100
return on assets 44.3%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 02-2026: 6.5% 03-2026: 6.5%● unchanged vs 02-2026 04-2026: 7.6%▲ +1.1 percentage points vs 03-2026 05-2026: 7.8%▲ +0.2 percentage points vs 04-2026 06-2026: 8.0%▲ +0.2 percentage points vs 05-2026 07-2026: 8.6%▲ +0.6 percentage points vs 06-2026highest value 08-2026: 8.6%● unchanged vs 07-2026highest value 09-2026: 5.7%▼ -2.9 percentage points vs 08-2026lowest value 10-2026: 5.7%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.26, below the usual 1.5; short-term debt: 54.9% and cash: 2% of total assets), and 54.9% of the assets are financed with debt and provisions.
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 58% on solvency, 21% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 30-10-2026 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

Five signals.
lowers riskraises risk
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 · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €35,643
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 09-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 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. Appointments: Faqirzada Baseer (director) and Rahmani…Share transfer · Shareholding
  3. Registered officeRegistered-office move

Key points

  • Board3 directors in office 3 View
  • Total assets 2025first financial year filed €35,643 View
  • Active since 2025founded 24-01-2025 1 years View

By topic

Financials

Financial year
2025
Total assets
€35,643
Profit
€15,787
Solvency
45.1%
Go to Financials

Board & ownership

Board
3 members
  • RAHMANI SamimDirector
  • Faqirzada BaseerDirector
  • Rahmani SaboorDirector
Go to Board & ownership

Company details

Sites
2
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
24-01-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Purpose
“De uitbating van alle vervoersdiensten in al zijn vormen, zowel van zaken, als van…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about MAHSA

What is the company number of MAHSA?
1019.176.921. In Belgium the VAT number is the company number with BE in front: BE 1019.176.921.
Where is MAHSA based?
The registered office is at Bergstraat 10, 9320 Aalst.Company details
What does MAHSA 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 MAHSA?
Private limited company (BV).
When was MAHSA founded?
On 24-01-2025.
Is MAHSA still active?
Yes, MAHSA is an active enterprise in the KBO register.
What is the turnover of MAHSA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MAHSA profitable?
In financial year 2025, MAHSA made a profit of €15,787.
Where can I find the annual accounts of MAHSA?
MAHSA filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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