General partnership · founded 1996 · 30 yrs activeClaeslaan 1, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0457.872.959
Summary
The computed 12-month bankruptcy probability of MORAD is 2.8% (moderate). The 2020 annual accounts show equity of €13,930 and a net result of -€3,414. Its solvency ranks better than 60% of 4414 sector peers (fiscal year 2020). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
On-demand passenger transport by chauffeured vehicle
NACE 49330Non-scheduled passenger transport by road NACE 49320NACE 60220
1 site
Size
€9,423turnover 2020
Equity
€13,930
Loss
-€3,414
Financial health
Bankruptcy chance 12 m
2.8%
2020 figures too old to score
Structure
Accounts filed 73 d late0 of 3 deeds read
Signals- Figures for FY 2020 (filed 18-10-2021)- Latest accounts 73 days late; 1 of the last 3 late+ Legal form General partnership+ Founded in 1996Filed after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Financial strength, FY 2020
Financial strength
How strong the balance sheet and results are, apart from the score: solvency, liquidity and profitability from the latest accounts, each out of 100. The score itself is the bankruptcy probability.
Weak
Solvency74
equity 48.5% of total assets
Liquidity31
short-term debt 51.5% · cash 5.8%
Profitability8
return on assets -11.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
2.8%Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.9% (8,995 companies)
Last 24 months11-2024: 2.8%highest value12-2024: 2.8%● 0.0% vs 11-2024highest value01-2025: 2.8%● 0.0% vs 12-2024highest value02-2025: 2.8%● 0.0% vs 01-2025highest value03-2025: 2.8%● 0.0% vs 02-2025highest value04-2025: 2.8%● 0.0% vs 03-2025highest value05-2025: 2.8%● 0.0% vs 04-2025highest value06-2025: 2.8%● 0.0% vs 05-2025highest value07-2025: 2.8%● 0.0% vs 06-2025highest value08-2025: 2.8%● 0.0% vs 07-2025highest value09-2025: 2.8%● 0.0% vs 08-2025highest value10-2025: 2.8%● 0.0% vs 09-2025highest value11-2025: 2.8%● 0.0% vs 10-2025highest value12-2025: 2.8%● 0.0% vs 11-2025highest value01-2026: 2.8%● 0.0% vs 12-2025highest value02-2026: 2.8%● 0.0% vs 01-2026highest value03-2026: 2.8%● 0.0% vs 02-2026highest value04-2026: 2.8%● 0.0% vs 03-2026highest value05-2026: 2.8%● 0.0% vs 04-2026highest value06-2026: 2.8%● 0.0% vs 05-2026highest value07-2026: 2.8%● 0.0% vs 06-2026highest value08-2026: 2.8%● 0.0% vs 07-2026highest value09-2026: 2.8%● 0.0% vs 08-2026highest value10-2026: 2.8%● 0.0% vs 09-2026highest value
Figures for FY 2020 (filed 18-10-2021)raises the probability
Latest accounts 73 days late; 1 of the last 3 lateraises the probability
Legal form General partnershiplowers the probability
Founded in 1996lowers the probability for this profile
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-10-2021, 73 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2020 accounts 73 days after the deadline; the sector median for financial year 2020 is 3 days after the deadline, and 51% of the sector filed late.
Checked, nothing found (1)
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neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
Annual accounts filedfiscal year 2020 · micro…
Key points
Caution: Latest accounts filed lateafter the legal deadline73 dView