Active BE 0805.450.683Private limited companyOpen bankruptcy

LES FRERES

Birminghamstraat 97 ·1080 Sint-Jans-Molenbeek, Belgium· 2 yrs active

Sector: Diensten voor personenvervoer op aanvraag per voertuig met chauffeur (49330)

Conclusion Checked

A bankruptcy procedure is open for LES FRERES according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €51k and a net result of €40k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€51k
Net result	€40k
Better than sector	59%
Active	2 yrs

Financial profile 5 of 5 axes measured · computed by Checked

53 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 100

Solvency 63

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 3 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

24 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 29-10-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	34.5%	27.3%	better than 59% of 2273 sector peers
Net result	€40k	€5k	better than 90% of 2257 sector peers
Equity	€51k	€17k	better than 77% of 2279 sector peers
Gross operating margin	€47k	€28k	better than 62% of 2245 sector peers
Staff costs	€3k	€37k	higher than 17% of 1028 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€43k

+200.1% 23-24

Net profit

€40k

+252.1% 23-24

Cash flow

€43k

+197.9% 23-24

Total assets

€147k

+329.7% 23-24

Equity

€51k

+346.9% 23-24

Working capital

€37k

- 23-24

Staff costs

€3k

- 23-24

Debt

€96k

+321.2% 23-24

Show 8 other metrics

Debt ≤ 1y

€96k

+321.2% 23-24

Current ratio

1.39

+60.0% 23-24

Quick ratio

1.39

+60.0% 23-24

Solvency

34.5%

+4.0% 23-24

Debt / equity

1.90

-5.7% 23-24

ROE

78.8%

-21.2% 23-24

ROA

27.2%

-18.1% 23-24

Interest coverage

101.89

-72.4% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€43k
Net profit	€40k
Cash flow	€43k
Staff costs	€3k
Income taxes	-
Dividends	-
Total assets	€147k
Equity	€51k
Debt	€96k
of which ≤ 1y	€96k
of which > 1y	-
Working capital	€37k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.39
Quick ratio	1.39
Working capital ratio	25.2%
Solvency	34.5%
Debt / equity	1.90
Long-term debt ratio	-
Interest coverage	101.89
Gross margin	-
Net margin	-
ROA	27.2%
ROE	78.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €14k · 9.3% Current assets €133k · 90.7%

Equity & liabilities

Equity €51k · 34.5% Debt €96k · 65.5%

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€147k
Fixed assets	21/28	€14k
Tangible fixed assets	22/27	€12k
Financial fixed assets	28	€2k
Current assets	29/58	€133k
Amounts receivable within one year	40/41	€86k
Cash & bank	54/58	€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€147k
Equity	10/15	€51k
Accumulated profits (losses)	14	€51k
Amounts payable	17/49	€96k
Amounts payable within one year	42/48	€96k
Trade debts payable within one year	44	€93k
Income statement
Gross operating margin	9900	€47k
Operating result	9901	€40k
Financial charges	65	€426
Result before taxes	9903	€40k
Net result for the period	9904	€40k
Result to be appropriated	9905	€40k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

ABBAS MUSTAFA
Director
State Gazette act 25110317 (01-09-2025)

Current
09-07-2025 → present

Former directors (2)

MESTO WALID
Director
State Gazette act 24075712 (16-05-2024)

Former
16-05-2024 → 03-06-2025
2 events
- 03-06-2025 Resigned· Director
- 16-05-2024 Appointed· Director
HAYANI KHARROBI RIDWAN
Director
State Gazette act 24075712 (16-05-2024)

Former
- → 16-05-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ANNE-LAURE PHILIPPE CHAUSSéE DE WATERLOO 880, 1000 BRUXELLES	26-05-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330)
Legal form	Private limited company(610)
Incorporation	04-09-2023
Status	Active
Postal code	1080
First BS signal	03-06-2026
Latest BS signal	03-06-2026

Establishment units 1 location

LES FRERES

Birminghamstraat 97, 1080 Sint-Jans-MolenbeekPersonenvervoer over de weg zonder dienstregeling

since 20232.349.021.086

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21523B0939/00W075	Brussels	167 m²	1 · 124 m²	22.0 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

03-06-2026

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL LES FRERES RUE DE BIRMIN- GHAM 97, 1080 MOLENBEEK-SAINT-JEAN · event 26-05-2026

2025

29-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

01-09-2025

State Gazette act Director changes

01-07-2025

State Gazette act Director changes

2024

30-10-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

16-05-2024

State Gazette act Director changes

Lifecycle & Insolvency Signals1 events

03-06-2026

Bankruptcy Opening

Date: 26-05-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL LES FRERES RUE DE BIRMIN- GHAM 97, 1080 MOLENBEEK-SAINT-JEAN · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts

All acts · 3 updated 11 months ago

2025

01-09-2025 ABBAS MUSTAFA appointed as director Director changes

ABBAS MUSTAFA, Bestuurder

Original publication ↗

Technical details

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01-07-2025 MESTO WALID resigns as director Director changes

MESTO WALID, Bestuurder

Original publication ↗

Technical details

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2024

16-05-2024 1 director appointed, 1 resigning Director changes

MESTO WALID, Bestuurder
HAYANI KHARROBI RIDWAN, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330

Primary activity highlighted.

Names & trade names

Legal nameNL

LES FRERES

Registered office

Birminghamstraat 97

1080 Sint-Jans-Molenbeek, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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