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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 5,852 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.

Risk analysisFollow ReportCompare
SARWARI AFGActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330
1 site
Size
≈ €64,000turnover 2025, estimated
Staff
≈ 0.1 FTE, estimated
Equity
-€12,308
Loss
-€14,308
Turnover estimated from the gross margin
Financial health
31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.9%
Structure
2025 accounts 6 days early
Why 31raises 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 better than 11% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
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, 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% (9,098 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
No credit on open account
Liquidity insufficient (current ratio 0.01, below 1; short-term debt: 141.7% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 5% on solvency, 2% on liquidity and 27% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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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 its 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
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Resignations: Shafiqullah Sarwari (director) and Safiullah…Appointment: Hassanzada Manzor (director) ·…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. IncorporationAppointment: SARWARI, Shafiqullah (director) ·…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€12,308 View
  • Caution: Among the weakest 9% on solvencysector median 37.8% · 5,852 companies -41.7% View
  • Caution: Board changedlatest change 01-09-2026 · 1 in office 1 joined · 2 left View

By topic

Financials

Financial year
2025
Total assets
€29,520
Loss
-€14,308
Solvency
-41.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
21-06-2024
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
Third Monday of March at 20:00
Purpose
“Uitbaten van transportbedrijf in de ruimste zin van het woord; Het transport over de weg…” (deed in Dutch)
Go to Articles of association

Key facts about SARWARI AFG

What is the company number of SARWARI AFG?
1010.603.804. In Belgium the VAT number is the company 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?
Private limited company (BV).
When was SARWARI AFG 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?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.

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