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PEHLIVAN GROUP

Active
Private limited companyfounded 2024active for 2 yearsExcelsiorlaan 71, 1930 Zaventem, BelgiumKBO/BCE: BE 1006.938.786
Summary

The computed 12-month bankruptcy probability of PEHLIVAN GROUP is 6.1% (elevated). The 2025 annual accounts show equity of €19,048 and a net result of €18,141. Its solvency ranks better than 51% of 5,879 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-03-2024 Normal situation
Registered office
290 active companies are registered at this address 62 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Freight transport by road NACE 49410and 1 other
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.364.625.022 1742 Ternat, since 08-10-2024
Financial year end
31 December
Peppol
Reachable since 28-11-2025

Board and ownership

Board

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.1%
Annual accounts 2025
Gross margin
€24,308
Turnover
≈ €210,000
estimated
Profit
€18,141
Equity
€19,048
▲ 21×
Total assets
€49,562
▲ 90.8%
Employees on 31-12-2025
1
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 1.17, cash €14, halvedSize: total assets €49,562Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 65% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 63+35
equity 38.4% of total assets
Liquidity 18+16
short-term debt 61.6% · cash 0.0%
Profitability 100+83
return on assets 36.6%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 04-2025: 3.6%lowest value 05-2025: 3.7%▲ +0.1 percentage points vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 4.2%▲ +0.4 percentage points vs 06-2025 08-2025: 4.2%● unchanged vs 07-2025 09-2025: 4.6%▲ +0.4 percentage points vs 08-2025 10-2025: 5.0%▲ +0.4 percentage points vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 4.8%▼ -0.2 percentage points vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 5.1%▲ +0.3 percentage points vs 01-2026 03-2026: 5.3%▲ +0.2 percentage points vs 02-2026 04-2026: 5.3%● unchanged vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 10.6%▲ +5.3 percentage points vs 05-2026highest value 07-2026: 10.5%▼ -0.1 percentage points vs 06-2026 08-2026: 6.2%▼ -4.3 percentage points vs 07-2026 09-2026: 6.2%● unchanged vs 08-2026 10-2026: 6.1%▼ -0.1 percentage points vs 09-2026 11-2026: 6.1%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.17 (0.68 in 2024), below the usual 1.5. Short-term debt is 61.6% and cash 0% of total assets. 61.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 50% of them on solvency, 15% on liquidity, 94% on profitability and 99% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 1.17, cash €14, halved
NBB · annual accounts
raises risk · Size: total assets €49,562
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
14 days early
2024
279 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 133 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointment: PEHLIVAN Ilami (director)
All 4 events

Comparable companies

These companies have the same main activity as PEHLIVAN GROUP: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €44,100 and €54,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
PEHLIVAN GROUP Zaventem€49,562€24,308
DMRC Zaventem€53,955€31,526
Y&N LOGISTICS Drogenbos€52,501€26,548
NH TRANS Kraainem€47,260€29,054
TRANORD Machelen (Brab.)€50,842€29,028
KRAAMS Tienen€44,748€29,436
TRANSPORT PONCELET ADRIEN Drogenbos€44,143€23,486
Full comparison

Key facts about PEHLIVAN GROUP

What is the company number of PEHLIVAN GROUP?
The company number of PEHLIVAN GROUP is 1006.938.786. The VAT number is the same number with BE in front: BE 1006.938.786.
Where is PEHLIVAN GROUP based?
The registered office is at Excelsiorlaan 71, 1930 Zaventem.Company details
What does PEHLIVAN GROUP do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of PEHLIVAN GROUP?
The legal form of PEHLIVAN GROUP is Private limited company (BV).
When was PEHLIVAN GROUP founded?
PEHLIVAN GROUP was founded on 08-03-2024.
Is PEHLIVAN GROUP still active?
Yes, PEHLIVAN GROUP is an active enterprise in the KBO register.
How many employees does PEHLIVAN GROUP have?
PEHLIVAN GROUP had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PEHLIVAN GROUP fall under?
In its 2025 annual accounts, PEHLIVAN GROUP states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of PEHLIVAN GROUP?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €24,308 and 67 comparable companies (NACE 49410). It probably lies between €99,000 and €340,000. It is a rough estimate.
Is PEHLIVAN GROUP profitable?
In financial year 2025, PEHLIVAN GROUP made a profit of €18,141.
Where can I find the annual accounts of PEHLIVAN GROUP?
PEHLIVAN GROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PEHLIVAN GROUP due?
PEHLIVAN GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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