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RIAZ MOTORS

Active
Private limited company (pre-2019)founded 2013active for 13 yearsLeeuwerikenlaan 16, 1731 Asse, BelgiumKBO/BCE: BE 0502.423.376
Summary

The computed 12-month bankruptcy probability of RIAZ MOTORS is 10.0% (high). For RIAZ MOTORS, at least two annual filings are missing. The 2022 annual accounts show equity of €21,694 and a net result of -€1,395. The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-01-2013 Normal situation
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Last known board

Financial position

Bankruptcy probabilitywithin 12 months
10.0%
2022 figures too old to score
Annual accounts 2022
Gross margin
€292
Turnover
≈ €2,200
estimated
Loss
€1,395
Equity
€21,694
Total assets
€22,648
  • 2023 accounts not filed, 823 days past the deadline
Filed on 28-11-2023
Signalsraises riskFigures for financial year 2022 (filed on 28-11-2023)3 financial years not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts lateNo registered site in the KBONo main activity registeredTwo or more financial years not filed2022 accounts filed 120 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2019
Strong
Solvency 100=
equity 95.8% of total assets
Liquidity 100=
short-term debt 4.2% · cash 86.0%
Profitability 22+22
return on assets -6.2%
Bankruptcy probability within 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.1%lowest value 01-2025: 6.0%▲ +1.9 percentage points vs 12-2024 02-2025: 6.1%▲ +0.1 percentage points vs 01-2025 03-2025: 6.4%▲ +0.3 percentage points vs 02-2025 04-2025: 6.1%▼ -0.3 percentage points vs 03-2025 05-2025: 6.1%● unchanged vs 04-2025 06-2025: 6.1%● unchanged vs 05-2025 07-2025: 6.1%● unchanged vs 06-2025 08-2025: 6.5%▲ +0.4 percentage points vs 07-2025 09-2025: 6.5%● unchanged vs 08-2025 10-2025: 6.5%● unchanged vs 09-2025 11-2025: 6.5%● unchanged vs 10-2025 12-2025: 10.6%▲ +4.1 percentage points vs 11-2025highest value 01-2026: 10.6%● unchanged vs 12-2025highest value 02-2026: 10.6%● unchanged vs 01-2026highest value 03-2026: 10.6%● unchanged vs 02-2026highest value 04-2026: 10.6%● unchanged vs 03-2026highest value 05-2026: 10.4%▼ -0.2 percentage points vs 04-2026 06-2026: 10.4%● unchanged vs 05-2026 07-2026: 10.4%● unchanged vs 06-2026 08-2026: 10.0%▼ -0.4 percentage points vs 07-2026 09-2026: 10.0%● unchanged vs 08-2026 10-2026: 10.0%● unchanged vs 09-2026 11-2026: 10.0%● unchanged vs 10-2026
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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2022 (filed on 28-11-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · No main activity registered
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline01-11-2026 today
raises risk · 2022 accounts filed 120 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-11-2023, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
120 days late
2019
121 days late
2017
31 days late
2016
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 4 accounts on average 83 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Transfer of 100 sharesResignation: Mahmood Khalid (manager)
  2. · Gazette deed Incorporation
All 9 events

Key facts about RIAZ MOTORS

What is the company number of RIAZ MOTORS?
The company number of RIAZ MOTORS is 0502.423.376. The VAT number is the same number with BE in front: BE 0502.423.376.
Where is RIAZ MOTORS based?
The registered office is at Leeuwerikenlaan 16, 1731 Asse.Company details
What is the legal form of RIAZ MOTORS?
The legal form of RIAZ MOTORS is Private limited company (pre-2019) (BVBA).
When was RIAZ MOTORS founded?
RIAZ MOTORS was founded on 14-01-2013.
Is RIAZ MOTORS still active?
Yes, RIAZ MOTORS is an active enterprise in the KBO register.
What is the turnover of RIAZ MOTORS?
The turnover in financial year 2022 is ≈ €2,200. This figure is estimated from the gross margin of €292 and 6,330 comparable companies of the same size. It probably lies between €1,000 and €5,400. It is a rough estimate.Financials
Is RIAZ MOTORS profitable?
In financial year 2022, RIAZ MOTORS made a loss of €1,395.
Where can I find the annual accounts of RIAZ MOTORS?
RIAZ MOTORS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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