Skip to content
Checked.be
Complete company report
Generated 28-06-2026
Active BE 0800.991.752Private limited company

NAZZAL Co

Bosvoordse Steenweg 17 ·1050 Elsene, Belgium· 3 yrs active
Sector: Land transport (49310)
Conclusion Checked

The computed 12-month bankruptcy probability of NAZZAL Co is 9.2% (elevated). The 2024 annual accounts show equity of €6k and a net result of €6k. Its solvency ranks better than 45% of 434 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €6k
Net result €6k
Better than sector 45%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health48Profitability100Solvency20Growth75Stability94
67 / 100

Strong profile, led by profitability.

Health 48
Profitability 100
Solvency 20
Growth 75
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
9.2% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
48 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 24-06-2025 with the NBB · fiscal year 2024 · micro
€0€3k€5k€8kOperating result 2024: €8k€8kNet result 2024: €6k€6k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 49 — Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 19.6% 23.9%
better than 45% of 434 sector peers
Net result €6k €4k
better than 56% of 430 sector peers
Equity €6k €14k
better than 36% of 436 sector peers
Gross operating margin €11k €29k
better than 27% of 428 sector peers
Total assets €33k €68k
better than 26% of 434 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€11k
— -74% vs sector
Net profit
€6k
— -72% vs sector
Cash flow
€9k
— -74% vs sector
Total assets
€33k
— -65% vs sector
Equity
€6k
— -89% vs sector
Working capital
€-5k
— -151% vs sector
Income taxes
€2k
— -73% vs sector
Debt
€26k
— -14% vs sector
Debt ≤ 1y
€26k
— -9% vs sector
Current ratio
0.80
— -41% vs sector
Quick ratio
0.80
— -41% vs sector
Solvency
19.6%
— -67% vs sector
Debt / equity
4.11
— +521% vs sector
ROE
100.0%
— +195% vs sector
ROA
19.6%
— +2% vs sector
Interest coverage
720.58
— +1025% vs sector
Figures by fiscal year
Fiscal year2024
Revenue—
EBITDA€11k
Net profit€6k
Cash flow€9k
Staff costs—
Income taxes€2k
Dividends—
Total assets€33k
Equity€6k
Debt€26k
of which ≤ 1y€26k
of which > 1y—
Working capital€-5k
Employees (FTE)—
Ratios (computed)
2024
Current ratio0.80
Quick ratio0.80
Working capital ratio-15.7%
Solvency19.6%
Debt / equity4.11
Long-term debt ratio—
Interest coverage720.58
Gross margin—
Net margin—
ROA19.6%
ROE100.0%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€33k
Fixed assets 21/28€12k
Tangible fixed assets 22/27€12k
Current assets 29/58€21k
Amounts receivable within one year 40/41€19k
Cash & bank 54/58€2k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€33k
Equity 10/15€6k
Contributions / capital 10/11€0
Accumulated profits (losses) 14€6k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€17k
Income statement
Gross operating margin 9900€11k
Operating result 9901€8k
Financial charges 65€15
Result before taxes 9903€8k
Income taxes 67/77€2k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Land transport(49310)
Legal form Private limited company(610)
Incorporation21-04-2023
StatusActive
Postal code1050
Establishment units 2 locations
NAZZAL Co
Bosvoordse Steenweg 17, 1050 ElsenePersonenvervoer over de weg volgens dienstregeling
since 20232.348.667.532
NAZZAL Co
Schaliënhoevedreef 20, 2800 MechelenPersonenvervoer over de weg volgens dienstregeling
since 20252.372.604.756
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
12402A0204/00R000 Flanders 3,774 m² 1 · 1,004 m² 24.9 m · 6 fl.
21446D0129/00Z000 Brussels 886 m² 1 · 300 m² 16.3 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
24-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
17-04-2025
State Gazette act Capital & shares
17-04-2025
State Gazette act Director changes
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
14-05-2024
State Gazette act Capital & shares
14-05-2024
State Gazette act Director changes
Belgisch Staatsblad — acts 4 acts
Capital history · 2
17-04-2025
Capital change
14-05-2024
Capital change
All acts · 4 updated 1 year ago
2025
17-04-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Ben Mesaoud Marwan",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Nazzal Ahmad",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-04-17",
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte :"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2025-03-31",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-04-10"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0800.991.752",
    "name_full": "NAZZAL Co",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Nazzal Ahmad",
      "role": "aandeelhouder",
      "n_shares": 5,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Ben Mesaoud Marwan",
      "role": "simple_associ\u00E9",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
17-04-2025 Ben Mesaoud Marwan resigns as director Director changes
  • Ben Mesaoud Marwan — Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Ben Mesaoud Marwan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-03-31",
      "evidence_quote": "L\u0027assembl\u00E9e prend acte de la d\u00E9mission de monsieur Ben Mesaoud Marwan, au poste d\u0027administrateur et lui donne d\u00E9charge et quitus de sa gestion \u00E0 partir du 31/03/2025.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Ben Mesaoud Marwan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-03-31",
      "evidence_quote": "L\u0027assembl\u00E9e prend acte de la d\u00E9mission de monsieur Ben Mesaoud Marwan, au poste d\u0027administrateur et lui donne d\u00E9charge et quitus de sa gestion \u00E0 partir du 31/03/2025.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-04-17",
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2025-03-31",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0800.991.752",
    "name_full": "NAZZAL Co",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Nazzal Ahmad",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2024
14-05-2024 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "NAZZAL AHMAD",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 95,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BEN MESAOUD MARWAN",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BEN MESAOUD MARWAN",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "BRUXELLES",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2024-05-03",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2024-05-03",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-04-30"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0800.991.752",
    "name_full": "NAZZAL CO",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "NAZZAL AHMAD",
      "role": "aandeelhouder",
      "n_shares": 95,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BEN MESAOUD MARWAN",
      "role": "aandeelhouder",
      "n_shares": 5,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
14-05-2024 BEN MESAOUD MARWAN appointed as director Director changes
  • BEN MESAOUD MARWAN — Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "NAZZAL AHMAD",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "BEN MESAOUD MARWAN",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "BRUXELLES",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2024-05-03",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2024-04-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0800.991.752",
    "name_full": "NAZZAL CO",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms — you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Personenvervoer te land binnen steden of voorsteden49310Personenvervoer over de weg volgens dienstregeling49310Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330
Primary activity highlighted.
Names & trade names
Legal nameFR NAZZAL Co
Registered office
Bosvoordse Steenweg 17 bus 5
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
Kron Company BE 0789.239.015 · Sint-Pieters-Leeuw
Sybel Company BE 0777.529.828 · Anderlecht
NUSHI BE 0776.867.654 · Jette
ESANTRA BE 0800.968.293 · Grimbergen
KOUNOUZ SERVICES BE 0800.679.075 · Sint-Genesius-Rode
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative