AL FARAJ
ActiveAL FARAJ has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €23k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 81% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+36
Solvency97▲+4
Growth62▲+30
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.07 against 2.59 in 2024; short-term debt: 28.2% and cash: 20.1% of total assets), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
71.8%
Return on assets
20.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €82k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
28 d late
2023
9 d early
2022
21 d late
2021
143 d late
2020
30 d late
2019
136 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€419k▲ 12.5%
2023 · €373k
2018: €434k
2023: €373k
2018 → 2024
EBIT margin
1.0%▼ 0.1pp
2023 · 1.1%
2018: 4.5%
2023: 1.1%
2018 → 2024
Net result
€23k▲ 501%
2024 · €4k
2018: €12k
2019: €36k
2020: €19k
2021: €17k
2022: €23k
2023: €-10k
2024: €4k
2018 → 2025
Working capital
€67k▲ 54.1%
2024 · €43k
2018: €59k
2019: €95k
2020: €121k
2021: €40k
2022: €63k
2023: €39k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€373k€419k▲ 12.5%
Equity€42k-€65k▲ 53.4%€55k▼ 15.8%€59k▲ 7.1%€82k▲ 39.9%
Operating result€32k-€27k▼ 14.0%€4k▼ 85.4%€4k▲ 0.8%€24k▲ 494%
Net result€17k-€23k▲ 36.7%€-10k€4k€23k▲ 501%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 494% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€15k=
Current assets
€99k▲ 40.2%
Equity and liabilities €114k
Equity
€82k▲ 39.9%
Debt
€32k▲ 18.1%
The debt ratio falls from 31.8% to 28.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €4k
Cash flow
€23k▲
2024 · €4k
Solvency
71.8%▲
2024 · 68.2%
Current ratio
3.07▲
2024 · 2.59
Quick ratio
2.05▲
2024 · 1.86
Debt / equity
0.39▼
2024 · 0.47
ROE
28.5%▲
2024 · 6.6%
ROA
20.5%▲
2024 · 4.5%
Interest coverage
63.06▲
2024 · 12.27
Debt
€32k▲
2024 · €27k
Debt ≤ 1 year
€32k▲
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€114k▲
Fixed assets21/28€15k€15k=
Financial fixed assets28€15k€15k=
Current assets29/58€70k€99k▲
Stocks and contracts in progress3€20k€33k▲
Stocks30/36€20k€33k▲
Amounts receivable within one year40/41€25k€43k▲
Other amounts receivable41€25k€43k▲
Cash at bank and in hand54/58€25k€23k▼
Equity and liabilities
Total equity and liabilities10/49€86k€114k▲
Equity10/15€59k€82k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€38k€61k▲
Amounts payable17/49€27k€32k▲
Amounts payable within one year42/48€27k€32k▲
Trade debts44€24k€29k▲
Suppliers440/4€24k€29k▲
Taxes, remuneration and social security45€3k€3k▼
Remuneration and social security454/9€3k€3k▼
Income statement
Code20242025
Turnover70€419k-
Goods, raw materials, services and sundry goods60/61€412k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€485€0▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€8k€26k▲
Operating profit (loss)9901€4k€24k▲
Financial income75/76B€257€0▼
Recurring financial income75€257€0▼
Financial charges65/66B€366€377▲
Recurring financial charges65€366€377▲
Profit (loss) for the period before taxes9903€4k€23k▲
Profit (loss) for the period9904€4k€23k▲
Profit (loss) for the period to be appropriated9905€4k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€61k▲
Profit (loss) brought forward from the previous period14P€34k€38k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼145%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 143 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 136 days late
2019
31-12
Financial
Highest result since 2018net €36k ▲204%
Operating result €42k, net result €36k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.52
Current ratio from 1.94 to 8.52; short-term debt falls from €63k to €13k.
31-12
Financial
Equity above €100kEq €101k ▲56.3%
2 profitable years in a row build equity to €101k.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vorstse Steenweg 891060 Sint-Gillis (bij-Brussel)Ground area
85 m²
Building footprint
82 m²
Volume, LiDAR
1,402 m³
Parcel 21562A0311/00V002, Brussels · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
AL FARAJ
since 20052.212.093.215
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0311/00V002 | Brussels | 85 m² | 1 · 82 m² | 20.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.212.093.215
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Of 3,041 companies in sector 47221 we hold annual accounts for 1,561. 1,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2005
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.