NARAI
ActiveSummary
NARAI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,952) and a net result of €2,150. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 4709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-30
Solvency3=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.52 in 2024; short-term debt: 91.7% and cash: 37.3% of total assets), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-22.3%
Return on assets
2.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 4709 sector peers (2025).
NBB · sector comparisonPosition among 4709 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
49 d early
2023
40 d early
2022
2 d early
2021
5 d early
2020
11 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 April (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Putte, Transport and storage sector
Equity
-€18,952▲ 10.2%
2024 · -€21,102
Total assets
€85,020▼ 11.4%
2024 · €95,999
Net result
€2,150▼ 88.6%
2024 · €18,857
Working capital
-€33,584▲ 10.4%
2024 · -€37,495
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€362€2,653€14,889▲ 461%€23,661▲ 58.9%€6,288▼ 73.4%
Net result-€555below the sector's middle half€2,483within the sector's middle half€13,330within the sector's middle half▲ 437%€18,857within the sector's middle half▲ 41.5%€2,150within the sector's middle half▼ 88.6%
Equity-€55,773below the sector's middle half▼ 1.0%-€53,290below the sector's middle half▲ 4.5%-€39,960below the sector's middle half▲ 25.0%-€21,102below the sector's middle half▲ 47.2%-€18,952below the sector's middle half▲ 10.2%
Total assets€4,374below the sector's middle half▼ 36.6%€5,231below the sector's middle half▲ 19.6%€91,723within the sector's middle half▲ 1,653%€95,999within the sector's middle half▲ 4.7%€85,020within the sector's middle half▼ 11.4%
Debt€60,147▼ 3.2%€58,521▼ 2.7%€131,682▲ 125%€117,101▼ 11.1%€103,973▼ 11.2%
Working capital-€55,773below the sector's middle half▼ 1.0%-€53,314below the sector's middle half▲ 4.4%-€59,125below the sector's middle half▼ 10.9%-€37,495below the sector's middle half▲ 36.6%-€33,584below the sector's middle half▲ 10.4%
Solvency-43.6%below the sector's middle half-22.0%below the sector's middle half▲ 21.6pp-22.3%below the sector's middle half▼ 0.3pp
Current ratio0.09below the sector's middle half0.28below the sector's middle half▲ 0.190.52below the sector's middle half▲ 0.250.57below the sector's middle half▲ 0.05
Return on assets (ROA)47.5%above the sector's middle half14.5%within the sector's middle half▼ 32.9pp19.6%above the sector's middle half▲ 5.1pp2.5%within the sector's middle half▼ 17.1pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,020
Fixed assets
€40,602 ▼ 26.1%
Current assets
€44,419 ▲ 8.2%
Key figures and ratios
EBITDA
€20,617▼
2024 · €37,990
Cash flow
€16,479▼
2024 · €33,186
Debt to equity
-5.49▲
2024 · -5.55
Interest coverage
4.98▼
2024 · 7.86
Debt ≤ 1 year
€78,003▼
2024 · €78,563
Debt > 1 year
€25,970▼
2024 · €38,538
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.1%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €976 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1 | €2,385 | €14,329 | €14,329 | = |
| Other operating charges640/8 | €1,735 | €1,711 | €2,505 | €3,528 | €1,281 | ▼ 63.7% |
| Gross operating margin9900 | €1,373 | €4,365 | €19,779 | €41,518 | €21,898 | ▼ 47.3% |
| Operating profit (loss)9901 | -€362 | €2,653 | €14,889 | €23,661 | €6,288 | ▼ 73.4% |
| Financial income75/76B | - | - | €9 | €32 | €1 | ▼ 97.9% |
| Recurring financial income75 | - | - | €9 | €32 | €1 | ▼ 97.9% |
| Financial charges65/66B | €193 | €171 | €1,568 | €4,836 | €4,139 | ▼ 14.4% |
| Recurring financial charges65 | €193 | €171 | €1,568 | €4,836 | €4,139 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | -€555 | €2,483 | €13,330 | €18,857 | €2,150 | ▼ 88.6% |
| Profit (loss) for the period9904 | -€555 | €2,483 | €13,330 | €18,857 | €2,150 | ▼ 88.6% |
| Profit (loss) for the period to be appropriated9905 | -€555 | €2,483 | €13,330 | €18,857 | €2,150 | ▼ 88.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,374 | €5,231 | €91,723 | €95,999 | €85,020 | ▼ 11.4% |
| Fixed assets21/28 | - | €24 | €69,259 | €54,931 | €40,602 | ▼ 26.1% |
| Tangible fixed assets22/27 | - | €24 | €69,259 | €54,931 | €40,602 | ▼ 26.1% |
| Plant, machinery and equipment23 | - | - | €2,090 | €1,644 | €1,198 | ▼ 27.1% |
| Furniture and vehicles24 | - | €24 | - | - | - | - |
| Leasing and similar rights25 | - | - | €67,169 | €53,287 | €39,404 | ▼ 26.1% |
| Current assets29/58 | €4,374 | €5,208 | €22,463 | €41,068 | €44,419 | ▲ 8.2% |
| Amounts receivable within one year40/41 | €2,540 | €3,016 | €9,599 | €15,998 | €11,164 | ▼ 30.2% |
| Trade receivables40 | €2,197 | €2,961 | €7,855 | €15,174 | €9,559 | ▼ 37.0% |
| Other amounts receivable41 | €342 | €54 | €1,743 | €823 | €1,605 | ▲ 95.0% |
| Cash at bank and in hand54/58 | €1,834 | €2,192 | €12,865 | €25,070 | €31,741 | ▲ 26.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,514 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,374 | €5,231 | €91,723 | €95,999 | €85,020 | ▼ 11.4% |
| Equity10/15 | -€55,773 | -€53,290 | -€39,960 | -€21,102 | -€18,952 | ▲ 10.2% |
| Contributions10/11 | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€63,838 | -€61,355 | -€48,025 | -€29,167 | -€27,018 | ▲ 7.4% |
| Amounts payable17/49 | €60,147 | €58,521 | €131,682 | €117,101 | €103,973 | ▼ 11.2% |
| Amounts payable after more than one year17 | - | - | €50,094 | €38,538 | €25,970 | ▼ 32.6% |
| Financial debts170/4 | - | - | €50,094 | €38,538 | €25,970 | ▼ 32.6% |
| Amounts payable within one year42/48 | €60,147 | €58,521 | €81,589 | €78,563 | €78,003 | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | €10,625 | €11,556 | €12,568 | ▲ 8.8% |
| Trade debts44 | €480 | €1,667 | €6,026 | €6,611 | €6,686 | ▲ 1.1% |
| Suppliers440/4 | €480 | €1,667 | €6,026 | €6,611 | €6,686 | ▲ 1.1% |
| Advances received on contracts in progress46 | - | €415 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €200 | - | €194 | - |
| Taxes450/3 | - | - | €200 | - | €24 | - |
| Remuneration and social security454/9 | - | - | - | - | €170 | - |
| Other amounts payable47/48 | €59,666 | €56,439 | €64,737 | €60,396 | €58,555 | ▼ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€555 | €2,483 | €13,330 | €18,857 | €2,150 | ▼ 88.6% |
| + Depreciation and write-downs630 | - | €1 | €2,385 | €14,329 | €14,329 | = |
| Operating cash flow (approximation) | -€555 | €2,484 | €15,715 | €33,186 | €16,479 | ▼ 50.3% |
| Investment in fixed assets (approximation) | - | - | -€71,620 | €0 | €0 | - |
| Change in cash | - | €358 | €10,673 | €12,206 | €6,670 | ▼ 45.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €18,857 ▲41.5%
Operating result €23,661, net result €18,857, both a record.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €2,483
Net result €2,483 after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €4,744
Net result €4,744 after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Putte · 1 establishment unit since 2017
Ground area
391 m²
Building footprint
189 m²
Volume, LiDAR
1,207 m³
Parcel 12029B0913/00A002, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Molenlei 1, 2580 Putte
since 20172.268.013.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B0913/00A002 | Flanders | 391 m² | 1 · 189 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
TAXI VLERICK
BE 0550.886.457
Putte
A-CAB
BE 0606.972.253
Antwerpen
ANTWERP CENTRAL TAXI
BE 0507.682.063
Antwerpen
ANTWERP TEAM TRANSPORT
BE 0459.980.037
Antwerpen
ANTWERP TRANSPORT
BE 0473.340.105
Antwerpen
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,684 companies in sector 49330 we hold annual accounts for 2,299. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-1996
Fiscal year end30-09
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
47551Retail sale of household furniture
47552Retail sale of lighting equipment
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457019458
Also
9925:BE0457019458
Registered
13-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.