Result
€109,450 ▲ 500%
The result rose in 2024 from €18,241 to €109,450.
Aly Baba
Lifetime
4 annual accounts with figures on one time axispeak €295,647 (2024)
€295,647▲ 215%
peak €109,450 (2024)
€109,450▲ 500%
peak €181,300 (2024)
€181,300▲ 152%
€46,943▲ 10.4%
peak 0.9 FTE (2020)
-not published
Board8 names since 2019
-
Documentsfilings and deeds
13-10-202574 days late
2024micro format
Gross margin from €93,778 to €295,647Result from €18,241 to €109,450Resignation: Mohamed Kamal (director) 31-12Equity from €71,851 to €181,300Cash from €47,309 to €152,727
Key points
from the 2024 annual accountsTurnover
≈ €840,000 estimated
The micro format states no turnover.
Staff
5 employees on 31-12-2024
In 2024, 164 short contracts started and 160 ended, on average 17 hours worked per contract. Staff averaged 2.2 full-time equivalents.
Liquidity
5.27 was 1.72 in 2023
Short-term debts rose from €42,518 to €46,943.
Filings
4 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€109,450
Higher net result than 95% of companies in food and beverage service. Sector median €5,440 · 18,717 companies.
Checked score
55
Fair
Financially stronger than 90% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.5%▼ -0.1 percentage points vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.5 percentage points vs 07-2025
09-2025: 2.4%▲ +0.3 percentage points vs 08-2025
10-2025: 3.1%▲ +0.7 percentage points vs 09-2025highest value
11-2025: 1.2%▼ -1.9 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.0%▼ -0.2 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026lowest value
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.4 percentage points vs 07-2026
09-2026: 1.6%▲ +0.2 percentage points vs 08-2026
10-2026: 2.6%▲ +1.0 percentage point vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 15-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 5.27, cash €152,727
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 56, micro). It does better than 80% of them on solvency, 95% on liquidity, 93% on profitability and 93% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Aly Baba has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Aly Baba itself is higher: 2.6% within 12 months. It rests on far more data about Aly Baba than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Aly Baba. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 5.27 (1.72 in 2023), above the usual 1.5. Short-term debt is 16.9% and cash 54.9% of total assets. 34.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 74 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
74 days late
2023
78 days late
2022
444 days late
2020
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 166 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
Resignation: Omar Farroukh (director)
Director discharge: Omar Farroukh · Gazette deed
Appointment: Omar Farroukh (director)
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735523977
Resignation: Mohamed Kamal (director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Aly Baba Essen | €278,243 | €295,647 | 65.2% | - |
| Delice Antwerp | €282,092 | €312,939 | 39.2% | - |
| FODI Wommelgem | €244,543 | €306,071 | 13.6% | - |
| De Oceaan Antwerp | €242,705 | €295,229 | 43.2% | - |
| Guo Lille | €322,918 | €268,617 | 60.4% | - |
| BRUWESKO Kapellen | €240,929 | €337,808 | 34.6% | 17.5 |
| HPB DOCKS BV Antwerp | €259,924 | €363,110 | 61.3% | 9.1 |
These companies have the same main activity as Aly Baba: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €241,000 and €323,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 01-10-2019Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.294.146.4062910 Essen, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2025
Annual accounts 2024
- €278,243▲ 143%
- Employeeson 31-12-2024
- 5▲ 400%
- Filing
- Filed on 13-10-2025
Insights on Aly Baba
Aly Baba files the micro format. That format states no turnover. The gross margin rose from €27,779 in 2020 to €295,647 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Aly Baba
- What is the company number of Aly Baba?
- The company number of Aly Baba is 0735.523.977. The VAT number is the same number with BE in front: BE 0735.523.977.
- Where is Aly Baba based?
- The registered office is at Nieuwstraat 47, 2910 Essen.Company details
- What does Aly Baba do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of Aly Baba?
- Aly Baba is a private limited company (BV).
- When was Aly Baba founded?
- Aly Baba was founded on 01-10-2019.
- Is Aly Baba still active?
- Yes, Aly Baba is an active enterprise in the KBO register.
- How many employees does Aly Baba have?
- Aly Baba had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Aly Baba?
- The turnover in financial year 2024 is ≈ €840,000. This figure is estimated from the gross margin of €295,647 and 37 comparable companies (NACE 56112). It probably lies between €690,000 and €930,000.
- Is Aly Baba profitable?
- In financial year 2024, Aly Baba made a profit of €109,450.
- Where can I find the annual accounts of Aly Baba?
- Aly Baba filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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