AL HAMIDINE
ActiveSummary
The computed 12-month bankruptcy probability of AL HAMIDINE is 3.5% (moderate). The 2024 annual accounts show equity of €28k and a net result of €64k. Equity is shrinking by ~6.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 54% of 18941 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+60
Solvency58▲+58
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 0.1 in 2023; short-term debt: 66.6% and cash: 8.9% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.4%
Return on assets
76.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
64 d late
2022
21 d late
2021
2 d early
2020
31 d late
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€35k
EBIT margin
-8.4%
Net result
€64k▲ 2,762%
2023 · €2k
2018: €-15k
2019: €-30k
2020: €-6k
2021: €9k
2022: €-15k
2023: €2k
2018 → 2024
Working capital
€17k
2023 · €-48k
2018: €-22k
2019: €-49k
2020: €-62k
2021: €-46k
2022: €-53k
2023: €-48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€35k
Equity€-41k-€-33k▲ 20.8%€-47k▼ 45.4%€-45k▲ 4.8%€28k
Operating result€-5k-€9k€-15k€-3k▲ 79.7%€65k
Net result€-6k-€9k€-15k€2k€64k▲ 2,762%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €65k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€11k ▲ 293%
Current assets
€72k ▲ 1,204%
Equity and liabilities €84k
Equity
€28k
Debt
€56k
Debt finances 66.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€70k▲
2023 · €-85
Cash flow
€69k▲
2023 · €5k
Current ratio
1.30▲
2023 · 0.10
Quick ratio
0.97▲
2023 · 0.05
Debt to equity
1.99▲
2023 · -1.19
ROE
230.5%
ROA
76.9%▲
2023 · 26.7%
Interest coverage
196.25▲
2023 · -0.59
Debt ≤ 1 year
€56k▲
2023 · €53k
Staff costs
€18k▲
2023 · €249
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€8k€84k▲
Fixed assets21/28€3k€11k▲
Tangible fixed assets22/27€3k€4k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24-€2k
Financial fixed assets28-€7k
Current assets29/58€6k€72k▲
Stocks and contracts in progress3€3k€18k▲
Stocks30/36€3k€18k▲
Amounts receivable within one year40/41€751€47k▲
Trade receivables40-€46k
Other amounts receivable41€751€315▼
Cash at bank and in hand54/58€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€8k€84k▲
Equity10/15€-45k€28k▲
Contributions10/11€10k€19k▲
Profit (loss) carried forward14€-55k€9k▲
Amounts payable17/49€53k€56k▲
Amounts payable within one year42/48€53k€56k▲
Trade debts44€12k€36k▲
Suppliers440/4€12k€36k▲
Taxes, remuneration and social security45€60€6k▲
Taxes450/3-€4k
Remuneration and social security454/9€60€2k▲
Other amounts payable47/48€42k€14k▼
Income statement
Code20232024
Turnover70€35k-
Goods, raw materials, services and sundry goods60/61€35k€330k▲
Remuneration, social security and pensions62€249€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€208€6k▲
Gross operating margin9900€372€94k▲
Operating profit (loss)9901€-3k€65k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Non-recurring financial income76B€5k-
Financial charges65/66B€144€356▲
Recurring financial charges65€144€356▲
Profit (loss) for the period before taxes9903€2k€64k▲
Profit (loss) for the period9904€2k€64k▲
Profit (loss) for the period to be appropriated9905€2k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€9k▲
Profit (loss) brought forward from the previous period14P€-57k€-55k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2018net €64k ▲2762%
Operating result €65k, net result €64k, both a record.
31-12
Financial
Liquidity times 13current ratio 1.30
Current ratio from 0.10 to 1.30.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Vorst · 1 establishment unit since 2019
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.
Leon Wielemansplein 111190 VorstGround area
280 m²
Building footprint
131 m²
Volume, LiDAR
1,370 m³
Parcel 21007A0052/00E003, Brussels · tallest building 19.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ZAHRET ALSHAM
since 20192.284.346.832
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0052/00E003 | Brussels | 280 m² | 1 · 131 m² | 19.8 m · 4 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 siteVorst2.284.346.832
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BE&YOU CORP.
BE 0649.858.824
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't Wagonnetje
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,350 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.