From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
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 4,330 sector peers (NACE 49, financial year 2020). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2020, micro format
2020 annual accounts filed 73 days after the deadline Filed on 12 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-71700585.
Annual accounts 2020
- Financial year ended
- 31-12-2020
- Filed on
- 12-10-2021
- Format
- micro format
- Reference
- 2021-71700585
| Line | 2020 |
|---|---|
| Turnover70 | €9,423 |
| Gross operating margin9900 | -€3,348 |
| Operating profit (loss)9901 | -€3,348 |
| Recurring financial charges65 | €66 |
| Profit (loss) for the period before taxes9903 | -€3,414 |
| Profit (loss) for the period9904 | -€3,414 |
| Profit (loss) for the period to be appropriated9905 | -€3,414 |
| Line | 2020 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €28,707 | |
| Fixed assets21/28 | €25,000 | |
| Intangible fixed assets21 | €25,000 | |
| Current assets29/58 | €3,707 | |
| Amounts receivable within one year40/41 | €2,045 | |
| Cash at bank and in hand54/58 | €1,662 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €28,707 | |
| Equity10/15 | €13,930 | |
| Contributions10/11 | €13,000 | |
| Reserves13 | €1,300 | |
| Profit (loss) carried forward14 | -€370 | |
| Amounts payable17/49 | €14,777 | |
| Amounts payable within one year42/48 | €14,777 | |
| Line | 2020 |
|---|---|
| Profit (loss) for the period9904 | -€3,414 |
| Operating cash flow (approximation) | -€3,414 |
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 (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | micro format | 12-10-2021 | 2021-71700585 |
Comparable companies
These companies have the same main activity as MORAD: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €21,800 and €35,400, founded between 1989 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| MORAD Steenokkerzeel | 1996 | €28,707 | €13,930 | -€3,348 | €9,423 | -€3,414 | 2020 |
| MASHA Machelen (Brab.) | 1995 | €30,408 | €28,767 | €595 | - | €2 | 2025 |
| THE CITY Sint-Jans-Molenbeek | 1991 | €31,325 | €30,029 | -€4,960 | €17,876 | -€6,776 | 2024 |
| SOROUSH Brussel | 1991 | €32,828 | €29,821 | -€1,661 | - | -€8,615 | 2025 |
| LIKO'S Grimbergen | 1989 | €35,433 | €34,780 | -€1,102 | - | €4,072 | 2025 |
| ZEK Vorst | 2003 | €34,598 | €33,098 | -€5,962 | - | -€7,217 | 2025 |
| SICTAX Jette | 1993 | €21,847 | €21,757 | -€10,190 | - | -€10,709 | 2024 |
They were chosen from the 2,368 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.