Skip to content

SARWARI AFG

Active
Private limited companyfounded 2024active for 2 yearsMaïsstraat 123, 9000 Gent, BelgiumKBO/BCE: BE 1010.603.804
Summary

The computed 12-month bankruptcy probability of SARWARI AFG is 7.9% (elevated). The 2025 annual accounts show negative equity (-€12,308) and a net result of -€14,308. Its solvency ranks better than 8% 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 21-06-2024 Normal situation
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330and 1 other
Establishment unit
2.360.644.161 9000 Gent, since 21-06-2024
Financial year end
30 September
Peppol
Reachable since 16-04-2026

Board and ownership

Board

Financial position

31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.9%
Annual accounts to 30-09-2025
Gross margin
€11,687
Turnover
≈ €64,000
estimated
Loss
€14,308
Equity
-€12,308
Total assets
€29,520
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 30-09-2025
Filed on 24-04-2026, 6 days before the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2024Liquidity: current ratio 0.01, cash €471 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in land transport (NACE 49)
Financial strength
Weak
Solvency 0
equity -41.7% of total assets
Liquidity 0
short-term debt 141.7% · cash 0.2%
Profitability 50
return on assets -48.5%
Bankruptcy probability within 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 07-2025: 3.6%lowest value 08-2025: 3.6%● unchanged vs 07-2025lowest value 09-2025: 3.8%▲ +0.2 percentage points vs 08-2025 10-2025: 4.1%▲ +0.3 percentage points vs 09-2025 11-2025: 4.2%▲ +0.1 percentage points vs 10-2025 12-2025: 4.6%▲ +0.4 percentage points vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 5.0%▲ +0.4 percentage points vs 01-2026 03-2026: 4.8%▼ -0.2 percentage points vs 02-2026 04-2026: 4.8%● unchanged vs 03-2026 05-2026: 5.1%▲ +0.3 percentage points vs 04-2026 06-2026: 5.3%▲ +0.2 percentage points vs 05-2026 07-2026: 5.3%● unchanged vs 06-2026 08-2026: 5.3%● unchanged vs 07-2026 09-2026: 5.3%● unchanged vs 08-2026 10-2026: 7.9%▲ +2.6 percentage points vs 09-2026highest value 11-2026: 7.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01, below 1. Short-term debt is 141.7% and cash 0.2% of total assets. Equity is negative.
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 5% of them on solvency, 2% on liquidity and 27% on profitability.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
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 · Liquidity: current ratio 0.01, cash €47
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 24-04-2026, 6 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
6 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€12,308 View
  • Caution: Lower solvency than 91% of companies in land transportsector median 37.7% · 5,879 companies -41.7% View
  • Caution: Board changedlatest change 01-09-2026 · 1 in office 1 joined · 2 left View

Recent changes

  1. · Gazette deed Registered office moved within GentResignations: Shafiqullah Sarwari (director) and Safiullah Ahmadzai (director) · Appointment: Hassanzada Manzor (director)
  2. · Gazette deed IncorporationStarting capital €2,000 · Appointment: SARWARI, Shafiqullah (director)
All 3 events

Comparable companies

These companies have the same main activity as SARWARI AFG: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €26,200 and €33,200, founded in 2024.

CompanyTotal assetsGross margin
SARWARI AFG Gent€29,520€11,687
ZTx Service Zottegem€26,209€11,069
SULLAFA Vorst€27,422€11,207
SWALTYJA Jette€32,403€12,264
Y.I-SERVICES Anderlecht€32,685€12,666
Abdi Taxi Service Wezembeek-Oppem€31,438€10,458
GREEN STAR BELGIUM Brussel€33,192€11,598
Full comparison

Key facts about SARWARI AFG

What is the company number of SARWARI AFG?
The company number of SARWARI AFG is 1010.603.804. The VAT number is the same number with BE in front: BE 1010.603.804.
Where is SARWARI AFG based?
The registered office is at Maïsstraat 123, 9000 Gent.Company details
What does SARWARI AFG do?
According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of SARWARI AFG?
The legal form of SARWARI AFG is Private limited company (BV).
When was SARWARI AFG founded?
SARWARI AFG was founded on 21-06-2024.
Is SARWARI AFG still active?
Yes, SARWARI AFG is an active enterprise in the KBO register.
What is the turnover of SARWARI AFG?
The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €11,687 and 137 comparable companies (NACE 49330). It probably lies between €41,000 and €100,000. It is a rough estimate.Financials
Is SARWARI AFG profitable?
In financial year 2025, SARWARI AFG made a loss of €14,308.
Where can I find the annual accounts of SARWARI AFG?
SARWARI AFG filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.