ABASSI
ActiveSummary
The computed 12-month bankruptcy probability of ABASSI is 2.2% (moderate). The 2025 annual accounts show equity of €5,005 and a net result of €1,146. Its solvency ranks better than 40% of 22,576 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €5,005
- Profit
- €1,146
Why 53raises riskFounded in 2023Size: total assets €23,106Sector: Retail trade (NACE 47)lowers riskFigures for financial year 2025 (filed 26-08-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro): better than 37% on solvency, 12% on liquidity, 36% on profitability and 95% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 2 accounts on average 23 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: ABASSI Ansar Mahmood (director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (18 days) Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425063.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 21% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.8% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4,655 | - | - |
| Other operating charges640/8 | - | €2,654 | - |
| Gross operating margin9900 | €6,603 | €4,198 | ▼ 36.4% |
| Operating profit (loss)9901 | €1,948 | €1,544 | ▼ 20.7% |
| Financial income75/76B | - | €86 | - |
| Recurring financial income75 | - | €86 | - |
| Financial charges65/66B | €89 | €112 | ▲ 24.8% |
| Recurring financial charges65 | €89 | €112 | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | €1,859 | €1,518 | ▼ 18.3% |
| Income taxes67/77 | - | €372 | - |
| Profit (loss) for the period9904 | €1,859 | €1,146 | ▼ 38.3% |
| Profit (loss) for the period to be appropriated9905 | €1,859 | €1,146 | ▼ 38.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €18,621 | €23,106 | ▲ 24.1% |
| Current assets29/58 | €18,621 | €23,106 | ▲ 24.1% |
| Stocks and contracts in progress3 | €17,200 | €21,789 | ▲ 26.7% |
| Stocks30/36 | €17,200 | €21,789 | ▲ 26.7% |
| Amounts receivable within one year40/41 | - | €382 | - |
| Trade receivables40 | - | €65 | - |
| Other amounts receivable41 | - | €317 | - |
| Cash at bank and in hand54/58 | €1,421 | €935 | ▼ 34.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €18,621 | €23,106 | ▲ 24.1% |
| Equity10/15 | €1,859 | €5,005 | ▲ 169% |
| Contributions10/11 | - | €2,000 | - |
| Profit (loss) carried forward14 | €1,859 | €3,005 | ▲ 61.7% |
| Amounts payable17/49 | €16,763 | €18,101 | ▲ 8.0% |
| Amounts payable within one year42/48 | €16,763 | €18,101 | ▲ 8.0% |
| Trade debts44 | €9,596 | €2,929 | ▼ 69.5% |
| Suppliers440/4 | €9,596 | €2,929 | ▼ 69.5% |
| Taxes, remuneration and social security45 | €1,528 | €1,162 | ▼ 23.9% |
| Taxes450/3 | €737 | €372 | ▼ 49.6% |
| Remuneration and social security454/9 | €791 | €791 | = |
| Other amounts payable47/48 | €5,639 | €14,009 | ▲ 148% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,859 | €1,146 | ▼ 38.3% |
| Operating cash flow (approximation) | €1,859 | €1,146 | ▼ 38.3% |
| Change in cash | - | -€486 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00425063 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00465925 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ABASSI Ansar Mahmood |
|
Owners and capital
Capital and shareholders
- ABASSI Ansar Mahmood 100 shares (100%) · €2,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-07-2023 Incorporation · €2,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
10-07
Gazette deed
IncorporationAppointment: ABASSI Ansar Mahmood (director) · Registered office clause · Board rule11 facts ▸
- Registered office clause, “1020Bruxelles,RuePaulJanson,56” (deed in French)
- Other provision, “ansarabbasi78@icloud.com, Siteinternetetadressélectronique” (deed in French)
- Other provision, “éclairéparlenotaire,dénomination,accèsactivités,obligationssociales,responsabilitéfondateurs,administrateurs,commissaires,autres,conjointcommunenbiens,interdict…” (deed in French)
- Other provision, “informéparlenotaireobligationrenseignerbénéficiaireseffectifs, RegistreUBO” (deed in French)
- Board rule, 1, “assembléegénéraleextraordinaire,unanimité” (deed in French)
- Director appointment, ABASSI Ansar Mahmood (director)
- Power of attorney
- Incorporation, 03-07-2023
- Founder, ABASSI Ansar Mahmood (comparant)
- Founding capital, €2,000
- Other provision, “plan financier et responsabilité du fondateur”, 21-06-2023 (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21818E0170/00V005 | Brussels | 180 m² | 1 · 152 m² | 10.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ABASSI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, adresse transférable par simple décision de l’organe d’administration pour autant que ce transfert a lieu dans…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Fixée par assemblée qui nomme,sans limitation si défaut indication, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre actions nominatives electronique” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Apport numéraire avec émission actions nouvelles, actions restantes offertes priorité actionnaires ayant exercé totalité droit…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed