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ALMASAR

Active
Private limited companyfounded 20232 yrs activeClos des Crayeux 16, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 1003.076.505

The computed 12-month bankruptcy probability of ALMASAR is 3.1% (moderate). The 2025 annual accounts show equity of €17k and a net result of €13k. Its solvency ranks better than 90% of 4467 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
100 / 100
Excellent▲ +47 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+41
Growth78
Stability82
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 0.8 in 2024), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
85.1%
Return on assets
63%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
25 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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€17k▲ 284%
2024 · €4k
2024: €4k
2024 → 2025
Total assets
€20k▲ 86.8%
2024 · €11k
2024: €11k
2024 → 2025
Net result
€13k▲ 411%
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€3k
2024 · €-1k
2024: €-1k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€4k-€17k▲ 284%
Operating result€3k-€13k▲ 412%
Net result€2k-€13k▲ 411%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2024: €3k€3kNet result 2024: €2k€2kOperating result 2025: €13k€13kNet result 2025: €13k€13k20242025
The operating result rises in 2025; 2025 is 412% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets €14k▲ 140%
Current assets €6k▲ 26.5%
Equity and liabilities €20k
Equity €17k▲ 284%
Debt €3k▼ 52.5%
The debt ratio falls from 58.6% to 14.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14k
Cash flow
€14k
Solvency
85.1%
2024 · 41.4%
Current ratio
2.13
2024 · 0.80
Quick ratio
2.13
2024 · 0.80
Debt / equity
0.17
2024 · 1.42
ROE
74.0%
2024 · 55.5%
ROA
63.0%
2024 · 23.0%
Interest coverage
161.98
Debt
€3k
2024 · €6k
Debt ≤ 1 year
€3k
2024 · €6k
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€11k€20k
Fixed assets21/28€6k€14k
Tangible fixed assets22/27€6k€14k
Furniture and vehicles24€6k€14k
Current assets29/58€5k€6k
Amounts receivable within one year40/41€3k€6k
Trade receivables40€3k€6k
Other amounts receivable41€300-
Cash at bank and in hand54/58€752€698
Deferred charges and accrued income490/1€956-
Equity and liabilities
Total equity and liabilities10/49€11k€20k
Equity10/15€4k€17k
Contributions10/11€2k€2k=
Profit (loss) carried forward14€2k€15k
Amounts payable17/49€6k€3k
Amounts payable within one year42/48€6k€3k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45€1k€201
Taxes450/3€1k€201
Other amounts payable47/48€1k-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€836
Other operating charges640/8€1k€7k
Gross operating margin9900€4k€21k
Operating profit (loss)9901€3k€13k
Financial income75/76B€1€2
Recurring financial income75€1€2
Financial charges65/66B€14€85
Recurring financial charges65€14€85
Profit (loss) for the period before taxes9903€2k€13k
Profit (loss) for the period9904€2k€13k
Profit (loss) for the period to be appropriated9905€2k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€15k
Profit (loss) brought forward from the previous period14P-€2k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial Liquidity triplescurrent ratio 2.13
Current ratio from 0.80 to 2.13; short-term debt falls from €6k to €3k.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 directors, no change since 2026
Jasim Jaafar Sadek
Director · since 10-02-2026
Current
Kumaiti Qays Hussein A
Director · since 10-02-2026
Current
10-02-2026 Jasim Jaafar Sadek: Appointed as Director
10-02-2026 Kumaiti Qays Hussein A: Appointed as Director
10-02-2026 Ali AL RIKABI: Resigned as Director
Location & real-estate footprint
Registered office, Grez-Doiceau · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Clos des Crayeux 161390 Grez-Doiceau
Ground area
81 m²
Building footprint
83 m²
Parcel 25037A0130/00L003, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALMASAR
Clos des Crayeux 16, 1390 Grez-DoiceauNon-scheduled passenger transport by road
since 20232.353.030.552
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25037A0130/00L003 Wallonia 81 m² 1 · 83 m² -
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.

Similar companies · same sector, comparable size

Of 6,625 companies in sector 49330 we hold annual accounts for 2,254. 1,946 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-12-2023
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.