ABBAS
ActiveSummary
The computed 12-month bankruptcy probability of ABBAS is 1.6% (moderate). The 2025 annual accounts show equity of €28k and a net result of €10k. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 10407 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+21
Solvency43▲+1
Growth85▲+1
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.8 against 1.09 in 2024; short-term debt: 62.5% and cash: 14.7% of total assets), and 82% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18%
Return on assets
6.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
13 d early
2023
30 d early
2022
24 d early
2021
127 d late
2020
110 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€270k▲ 67.6%
2024 · €161k
2021: €95klowest in 5 years
2022: €200k▲ +111% vs 2021
2023: €198k▼ -1.5% vs 2022
2024: €161k▼ -18.3% vs 2023
2025: €270k▲ +67.6% vs 2024highest in 5 years
2021 → 2025
EBIT margin
6.2%▲ 5.0pp
2024 · 1.2%
2021: 7.3%highest in 5 years
2022: 5.3%▼ -27.6% vs 2021
2023: 4.0%▼ -24.2% vs 2022
2024: 1.2%▼ -69.9% vs 2023lowest in 5 years
2025: 6.2%▲ +411% vs 2024
2021 → 2025
Net result
€10k▲ 1,434%
2024 · €675
2020: €-5klowest in 6 years
2021: €7k▲ +247% vs 2020
2022: €8k▲ +16.3% vs 2021
2023: €5k▼ -37.5% vs 2022
2024: €675▼ -86.2% vs 2023
2025: €10k▲ +1434% vs 2024highest in 6 years
2020 → 2025
Working capital
€-20k
2024 · €1k
2020: €-3k
2021: €935▲ +137% vs 2020
2022: €-4k▼ -481% vs 2021
2023: €4k▲ +222% vs 2022highest in 6 years
2024: €1k▼ -70.0% vs 2023
2025: €-20k▼ -1634% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€95k-€200k▲ 111%€198k▼ 1.5%€161k▼ 18.3%€270k▲ 67.6%
2021: €95klowest in 5 years
2022: €200k▲ +111% vs 2021
2023: €198k▼ -1.5% vs 2022
2024: €161k▼ -18.3% vs 2023
2025: €270k▲ +67.6% vs 2024highest in 5 years
Equity€5k-€12k▲ 169%€17k▲ 39.2%€18k▲ 3.9%€28k▲ 57.3%
2021: €5klowest in 5 years
2022: €12k▲ +169% vs 2021
2023: €17k▲ +39.2% vs 2022
2024: €18k▲ +3.9% vs 2023
2025: €28k▲ +57.3% vs 2024highest in 5 years
Operating result€7k-€11k▲ 52.3%€8k▼ 25.4%€2k▼ 75.4%€17k▲ 756%
2021: €7k
2022: €11k▲ +52.3% vs 2021
2023: €8k▼ -25.4% vs 2022
2024: €2k▼ -75.4% vs 2023lowest in 5 years
2025: €17k▲ +756% vs 2024highest in 5 years
Net result€7k-€8k▲ 16.3%€5k▼ 37.5%€675▼ 86.2%€10k▲ 1,434%
2021: €7k
2022: €8k▲ +16.3% vs 2021
2023: €5k▼ -37.5% vs 2022
2024: €675▼ -86.2% vs 2023lowest in 5 years
2025: €10k▲ +1434% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 756% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€79k ▼ 12.7%
Current assets
€79k ▲ 391%
Equity and liabilities €158k
Equity
€28k ▲ 57.3%
Debt
€129k ▲ 46.1%
Debt's share of the balance-sheet total falls from 83.0% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2024 · €14k
Cash flow
€47k▲
2024 · €12k
Current ratio
0.80▼
2024 · 1.09
Debt to equity
4.54▼
2024 · 4.89
ROE
36.4%▲
2024 · 3.7%
ROA
6.6%▲
2024 · 0.6%
Interest coverage
122.13▲
2024 · 29.92
Debt ≤ 1 year
€99k▲
2024 · €15k
Debt > 1 year
€31k▼
2024 · €74k
Income taxes
€6k▲
2024 · €823
Staff costs
€67k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€107k€158k▲
Fixed assets21/28€90k€79k▼
Tangible fixed assets22/27€90k€79k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€90k€78k▼
Current assets29/58€16k€79k▲
Amounts receivable within one year40/41€1k€55k▲
Trade receivables40€1k€55k▲
Cash at bank and in hand54/58€15k€23k▲
Equity and liabilities
Total equity and liabilities10/49€107k€158k▲
Equity10/15€18k€28k▲
Contributions10/11€3k€3k=
Outside capital11-€3k
Other1109/19-€3k
Profit (loss) carried forward14€16k€26k▲
Amounts payable17/49€88k€129k▲
Amounts payable after more than one year17€74k€31k▼
Financial debts170/4€74k€31k▼
Amounts payable within one year42/48€15k€99k▲
Current portion of amounts payable after more than one year42-€24k
Financial debts43€492-
Credit institutions430/8€492-
Trade debts44€3k€33k▲
Suppliers440/4€3k€33k▲
Taxes, remuneration and social security45€11k€17k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48-€25k
Income statement
Code20242025
Turnover70€161k€270k▲
Goods, raw materials, services and sundry goods60/61€131k€145k▲
Remuneration, social security and pensions62€10k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€37k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A€6k-
Gross operating margin9900€34k€128k▲
Operating profit (loss)9901€2k€17k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€453€441▼
Recurring financial charges65€453€441▼
Profit (loss) for the period before taxes9903€1k€16k▲
Income taxes67/77€823€6k▲
Profit (loss) for the period9904€675€10k▲
Profit (loss) for the period to be appropriated9905€675€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€26k▲
Profit (loss) brought forward from the previous period14P€15k€16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €95k | €200k | €198k | €161k | €270k | ▲ 67.6% |
| Goods, raw materials, services and sundry goods60/61 | €82k | €184k | €174k | €131k | €145k | ▲ 10.7% |
| Remuneration, social security and pensions62 | - | - | €300 | €10k | €67k | ▲ 554% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €7k | €12k | €37k | ▲ 220% |
| Other operating charges640/8 | €2k | €2k | €6k | €4k | €7k | ▲ 88.9% |
| Non-recurring operating charges66A | - | - | €5k | €6k | - | - |
| Gross operating margin9900 | €13k | €19k | €26k | €34k | €128k | ▲ 279% |
| Operating profit (loss)9901 | €7k | €11k | €8k | €2k | €17k | ▲ 756% |
| Financial income75/76B | €0 | €6 | €5 | €0 | - | - |
| Recurring financial income75 | €0 | €6 | €5 | €0 | - | - |
| Financial charges65/66B | €237 | €176 | €671 | €453 | €441 | ▼ 2.7% |
| Recurring financial charges65 | €237 | €176 | €671 | €453 | €441 | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €7k | €10k | €7k | €1k | €16k | ▲ 985% |
| Income taxes67/77 | - | €3k | €2k | €823 | €6k | ▲ 618% |
| Profit (loss) for the period9904 | €7k | €8k | €5k | €675 | €10k | ▲ 1,434% |
| Profit (loss) for the period to be appropriated9905 | €7k | €8k | €5k | €675 | €10k | ▲ 1,434% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39k | €65k | €51k | €107k | €158k | ▲ 48.0% |
| Fixed assets21/28 | €14k | €20k | €33k | €90k | €79k | ▼ 12.7% |
| Tangible fixed assets22/27 | €14k | €20k | €33k | €90k | €79k | ▼ 12.7% |
| Plant, machinery and equipment23 | - | - | - | - | €1k | - |
| Furniture and vehicles24 | €14k | €20k | €33k | €90k | €78k | ▼ 14.0% |
| Current assets29/58 | €25k | €44k | €18k | €16k | €79k | ▲ 391% |
| Stocks and contracts in progress3 | €2k | €2k | - | - | - | - |
| Stocks30/36 | €2k | €2k | - | - | - | - |
| Amounts receivable within one year40/41 | €22k | €33k | €1k | €1k | €55k | ▲ 4,951% |
| Trade receivables40 | €20k | €30k | €1k | €1k | €55k | ▲ 4,951% |
| Other amounts receivable41 | €1k | €3k | €66 | - | - | - |
| Cash at bank and in hand54/58 | €1k | €9k | €16k | €15k | €23k | ▲ 55.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39k | €65k | €51k | €107k | €158k | ▲ 48.0% |
| Equity10/15 | €5k | €12k | €17k | €18k | €28k | ▲ 57.3% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Outside capital11 | - | - | - | - | €3k | - |
| Other1109/19 | - | - | - | - | €3k | - |
| Profit (loss) carried forward14 | €2k | €10k | €15k | €16k | €26k | ▲ 66.5% |
| Amounts payable17/49 | €35k | €52k | €34k | €88k | €129k | ▲ 46.1% |
| Amounts payable after more than one year17 | €10k | €4k | €20k | €74k | €31k | ▼ 58.4% |
| Financial debts170/4 | €10k | €4k | €20k | €74k | €31k | ▼ 58.4% |
| Amounts payable within one year42/48 | €24k | €48k | €13k | €15k | €99k | ▲ 570% |
| Current portion of amounts payable after more than one year42 | €6k | €5k | - | - | €24k | - |
| Financial debts43 | - | - | €492 | €492 | - | - |
| Credit institutions430/8 | - | - | €492 | €492 | - | - |
| Trade debts44 | €735 | €13k | €3k | €3k | €33k | ▲ 1,076% |
| Suppliers440/4 | €735 | €13k | €3k | €3k | €33k | ▲ 1,076% |
| Taxes, remuneration and social security45 | - | €3k | €5k | €11k | €17k | ▲ 50.8% |
| Taxes450/3 | - | €3k | €5k | €4k | €9k | ▲ 93.0% |
| Remuneration and social security454/9 | - | - | - | €7k | €9k | ▲ 24.1% |
| Other amounts payable47/48 | €18k | €27k | €5k | - | €25k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €8k | €5k | €675 | €10k | ▲ 1,434% |
| + Depreciation and write-downs630 | €5k | €6k | €7k | €12k | €37k | ▲ 220% |
| Operating cash flow (approximation) | €11k | €14k | €12k | €12k | €47k | ▲ 287% |
| Investment in fixed assets (approximation) | - | €-13k | €-20k | €-69k | €-26k | ▲ 62.8% |
| Change in cash | - | €8k | €7k | €-2k | €8k | ▲ 641% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
State Gazette act
Appointments: Ali Shoukat (day-to-day manager) and Afilad Esmaãil (day-to-day manager)Resignation: Arshad Muhammad (day-to-day manager)4 facts ▸
State Gazette act
Appointments: Ali Shoukat (day-to-day manager) and Afilad Esmaãil (day-to-day manager)
Resignation: Arshad Muhammad (day-to-day manager)4 facts ▸
- General meeting, 31/07/2026
- Director appointment, Ali Shoukat (day-to-day manager)
- Director appointment, Afilad Esmaãil (day-to-day manager)
- Director resignation, Arshad Muhammad (day-to-day manager)
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €10k ▲1,434%
Operating result €17k, net result €10k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Afilad Esmaãil
CurrentDay-to-day manager · since 31-07-2026
Ali Shoukat
CurrentDay-to-day manager · since 31-07-2026
01-08-2026
Arshad Muhammad: Resigned as Day-to-day manager
31-07-2026
Afilad Esmaãil: Appointed as Day-to-day manager
31-07-2026
Ali Shoukat: Appointed as Day-to-day manager
Not every act has been read: a resignation may be missing here
8 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2019
Ground area
124 m²
Building footprint
112 m²
Volume, LiDAR
718 m³
Parcel 42302E0559/00K000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentse Taxi Service
since 20192.294.020.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0559/00K000 | Flanders | 124 m² | 1 · 112 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 4,383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
47252Retail sale of beverages, general range
47260Retail trade
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
Scores and ratios are computed by Checked and are not a credit decision.