AFRICAN WAY
ActiveSummary
The computed 12-month bankruptcy probability of AFRICAN WAY is 2.4% (moderate). The 2025 annual accounts show equity of €60,839 and a net result of €19,650, of which €34,180 non-recurring income. Equity has been growing by about 78% per year since 2021. Its solvency ranks better than 34% of 12,781 sector peers (NACE 47, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 03-02-2021 Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment unit
- 2.313.105.154 1070 Anderlecht, since 03-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Board and ownership
- Mirza Luqman AliDirector
- Mirza Usman Ali50 sharesact of 07-09-2026
- Mirza Luqman Ali50 sharesact of 07-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- €146,298
- ▲ 9.0%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €19,650
- ▲ 14.8%
- Equity
- €60,839
- ▲ 47.7%
- Total assets
- €271,308
- ▲ 19.6%
- Staff
- ≈ 2.7 FTE
- estimated
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateFounded in 2021Size: total assets €271,308lowers riskLiquidity: current ratio 1.10, cash €42,456Show 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 47, micro). It does better than 38% of them on solvency, 36% on liquidity, 67% on profitability and 85% on growth.
The bankruptcy probability was computed on 04-11-2026 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 5 accounts on average 123 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 5 profitable years in a rowprofit 2025: €19,650, mostly one-off 5 years View
Recent changes
- · Gazette deed Resignations: Muhammad Tauqeer (actionnaire) and Yasar-lqbal Rasheed Begum (actionnaire)Transfer of 10 shares from Muhammad Tauqeer to Mirza Luqman Ali · Transfer of 15 shares from Yasar-lqbal Rasheed Begum to Mirza Luqman Ali · Transfer of 10 shares from Mirza Usman Ali to Mirza Luqman Ali
- · Gazette deed Appointment: Mirza Luqman Ali (director)Transfer of 10 shares from Mirza Usman Ali to Muhammad Tauqeer · Transfer of 15 shares from Mirza Usman Ali to Yasar-Iqbal Rasheed Begum · Mirza Usman Ali holds 60 shares
- · Gazette deed Transfer of 30 shares from Mirza Luqman Ali to Mirza Usman AliResignation: Mirza Luqman Ali (director) · Partner: Mirza Luqman Ali (associé actif) · Mirza Usman Ali holds 80 shares
Comparable companies
These companies have the same main activity as AFRICAN WAY: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €207,000 and €334,000, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| AFRICAN WAY Anderlecht | €271,308 | €146,298 |
| wAnderCoop Anderlecht | €206,986 | €127,211 |
| TRICOM BELGIUM Sint-Agatha-Berchem | €262,265 | €148,836 |
| JR OROSCO Brussel | €330,381 | €163,447 |
| HAK CONCEPT Schaarbeek | €333,854 | €159,924 |
| ECOMARKET Oudergem | €306,159 | €113,331 |
| PUEBLO LATINO Sint-Gillis (bij-Brussel) | €274,948 | €179,515 |
Key facts about AFRICAN WAY
- What is the company number of AFRICAN WAY?
- The company number of AFRICAN WAY is 0762.887.776. The VAT number is the same number with BE in front: BE 0762.887.776.
- Where is AFRICAN WAY based?
- The registered office is at Ropsy Chaudronstraat 43, 1070 Anderlecht.Company details
- What does AFRICAN WAY do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of AFRICAN WAY?
- The legal form of AFRICAN WAY is Private limited company (BV).
- When was AFRICAN WAY founded?
- AFRICAN WAY was founded on 03-02-2021.
- Is AFRICAN WAY still active?
- Yes, AFRICAN WAY is an active enterprise in the KBO register.
- What is the turnover of AFRICAN WAY?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €146,298 and 32 comparable companies (NACE 47110). It probably lies between €960,000 and €1.7m.Financials
- Is AFRICAN WAY profitable?
- In financial year 2025, AFRICAN WAY made a profit of €19,650.
- Where can I find the annual accounts of AFRICAN WAY?
- AFRICAN WAY filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AFRICAN WAY due?
- AFRICAN WAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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