Skip to content

MORAD

Active Risk: moderate
General partnershipfounded 199630 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.

Overview

Activity
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
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Financial strength, FY 2020
Weak
Solvency 74
equity 48.5% of total assets
Liquidity 31
short-term debt 51.5% · cash 5.8%
Profitability 8
return on assets -11.9%
Bankruptcy probability, 12 months
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 months 11-2024: 2.8%highest value 12-2024: 2.8%● 0.0% vs 11-2024highest value 01-2025: 2.8%● 0.0% vs 12-2024highest value 02-2025: 2.8%● 0.0% vs 01-2025highest value 03-2025: 2.8%● 0.0% vs 02-2025highest value 04-2025: 2.8%● 0.0% vs 03-2025highest value 05-2025: 2.8%● 0.0% vs 04-2025highest value 06-2025: 2.8%● 0.0% vs 05-2025highest value 07-2025: 2.8%● 0.0% vs 06-2025highest value 08-2025: 2.8%● 0.0% vs 07-2025highest value 09-2025: 2.8%● 0.0% vs 08-2025highest value 10-2025: 2.8%● 0.0% vs 09-2025highest value 11-2025: 2.8%● 0.0% vs 10-2025highest value 12-2025: 2.8%● 0.0% vs 11-2025highest value 01-2026: 2.8%● 0.0% vs 12-2025highest value 02-2026: 2.8%● 0.0% vs 01-2026highest value 03-2026: 2.8%● 0.0% vs 02-2026highest value 04-2026: 2.8%● 0.0% vs 03-2026highest value 05-2026: 2.8%● 0.0% vs 04-2026highest value 06-2026: 2.8%● 0.0% vs 05-2026highest value 07-2026: 2.8%● 0.0% vs 06-2026highest value 08-2026: 2.8%● 0.0% vs 07-2026highest value 09-2026: 2.8%● 0.0% vs 08-2026highest value 10-2026: 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 late raises the probability
  • Legal form General partnership lowers the probability
  • Founded in 1996 lowers the probability for this profile
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2020 (filed 18-10-2021)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 73 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Legal form General partnership
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1996
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Filed after the deadline
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.
NBB · 1 filing
Deviation from the deadline
2020
73 d late
← before the deadline after the deadline →
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)
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
  1. Annual accounts filedfiscal year 2020 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 73 d View
  • Active since 1996founded 06-05-1996 30 years View
  • Turnover 2020first fiscal year filed €9,423 View

By topic

Financials

Fiscal year
2020
Turnover
€9,423
Loss
-€3,414
Solvency
48.5%
Go to Financials

Company details

Sites
1
Legal form
General partnership
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
06-05-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.