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Al Jazeera Brussels

Active
Private limited companyfounded 20233 years activeArchimedesstraat 5, 1000 Brussel, BelgiumKBO/BCE: BE 0803.055.179
Summary

The computed 12-month bankruptcy probability of Al Jazeera Brussels is 2.7% (moderate). The 2024 annual accounts show equity of €12,671 and a net result of €4,851. Its solvency ranks better than 25% of 2,471 sector peers (NACE 90, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Literary creation
NACE 90111Motion picture, video and television programme production, sound recording and music publishing activities NACE 59114
1 site
Size
€79,867total assets 2024
Equity
€12,671
Profit
€4,851
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2024
Bankruptcy probability, 12 months
2.7%
Structure
Board
1 member
Accounts 68 days overdue1 of 5 deeds read
Why 52- Figures for FY 2024 (filed 26-09-2025)- Founded in 2023- 1 financial year not filed after the legal deadline; latest accounts 57 days late; 1 of the last 3 late+ Sector Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 90, micro)
Financial strength · tick = 2023
Average
Solvency 41-59
equity 15.9% of total assets
Liquidity 20-74
short-term debt 84.1% · cash 13.0%
Profitability 76-24
return on assets 6.1%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,409 companies)
Last 24 months 11-2024: 1.3%lowest value 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +1.1 percentage points vs 07-2025 09-2025: 3.8%▲ +1.0 percentage point vs 08-2025 10-2025: 6.4%▲ +2.6 percentage points vs 09-2025highest value 11-2025: 2.3%▼ -4.1 percentage points vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.2%▼ -0.1 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 1.9%▼ -0.3 percentage points vs 05-2026 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +0.7 percentage points vs 07-2026 09-2026: 3.4%▲ +0.7 percentage points vs 08-2026 10-2026: 2.7%▼ -0.7 percentage points vs 09-2026
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.47 against 5.05 in 2023; short-term debt: 84.1% and cash: 13% of total assets), and 84.1% of the assets are financed with debt.
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 90, micro): better than 27% on solvency, 12% on liquidity, 57% on profitability and 87% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Figures for FY 2024 (filed 26-09-2025)
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 57 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
57 days late
2023
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Resignation: Mohd Al Khalifa (director)Appointment: Abdulaziz Mahmoud (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • One director decidessole director in office 1 View
  • Total assets 20242 fiscal years filed €79,867 View

By topic

Financials

Fiscal year
2024
Total assets
€79,867
Profit
€4,851
Solvency
15.9%
Total assets▲ 719%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Literary creationNACE 90111
Founded
22-06-2023
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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