BELAFRIC
ActiveSummary
The computed 12-month bankruptcy probability of BELAFRIC is 1.7% (moderate). The 2025 annual accounts show equity of €33,485 and a net result of €6,034. Equity has been growing by about 46% per year since 2018. Its solvency ranks better than 86% of 5,879 sector peers (NACE 49, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-06-2015 Normal situation
- Activity
- Freight transport by road NACE 49410
- Establishment units
- 2.259.769.705 1050 Elsene, since 22-06-2015
- 2.373.310.084 1090 Jette, since 01-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 11-07-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €21,607
- ▼ 14.9%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €6,034
- ▼ 9.9%
- Equity
- €33,485
- ▲ 22.0%
- Total assets
- €43,024
- ▼ 34.4%
- Staff
- ≈ 0.3 FTE
- estimated
- 2025 accounts filed 86 days after the deadline
Score breakdownraises riskLast filed accounts filed 86 days late; 3 of the last 3 accounts lateSize: total assets €43,024Sector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 4.51, cash €5,469Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 92% of them on solvency, 65% on liquidity, 49% on profitability and 68% 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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Signals
The company filed its last 7 accounts on average 347 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)
Key points
Recent changes
- · Gazette deed Incorporation · Founder
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as BELAFRIC: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €29,000 and €50,300, founded between 2014 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| BELAFRIC Elsene | €43,024 | €21,607 |
| Toffy Trans Berlaar | €45,646 | €26,312 |
| M.G.M.R. RENOVE Gerpinnes | €45,583 | €23,246 |
| Sumapo Brugge | €47,276 | €18,631 |
| GROOT TRANS Schaarbeek | €50,318 | €15,633 |
| HIZIR LIFT Sint-Gillis (bij-Brussel) | €29,037 | €22,583 |
| KAYALI TRANSPORT Sint-Jans-Molenbeek | €39,196 | €34,291 |
Key facts about BELAFRIC
- What is the company number of BELAFRIC?
- The company number of BELAFRIC is 0632.617.568. The VAT number is the same number with BE in front: BE 0632.617.568.
- Where is BELAFRIC based?
- The registered office is at Waverse Steenweg 202, 1050 Elsene.Company details
- What does BELAFRIC do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of BELAFRIC?
- The legal form of BELAFRIC is Private limited company (pre-2019) (BVBA).
- When was BELAFRIC founded?
- BELAFRIC was founded on 22-06-2015.
- Is BELAFRIC still active?
- Yes, BELAFRIC is an active enterprise in the KBO register.
- How many employees does BELAFRIC have?
- BELAFRIC had an average of 0.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of BELAFRIC?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €21,607 and 67 comparable companies (NACE 49410). It probably lies between €88,000 and €300,000. It is a rough estimate. In financial year 2018 turnover was €287,370.
- Is BELAFRIC profitable?
- In financial year 2025, BELAFRIC made a profit of €6,034.
- Where can I find the annual accounts of BELAFRIC?
- BELAFRIC filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELAFRIC due?
- BELAFRIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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