ANS SETHI
ActiveANS SETHI has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-87k) and a net result of €2k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 9% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▼-54
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.36 in 2023; short-term debt: 216.4% and cash: 20.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-116.4%
Return on assets
3.3%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 26052 sector peers (2024).
NBB · sector comparisonPosition among 26052 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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
not confirmed
2024
90 d late
2023
434 d late
2022
800 d late
2021
121 d late
2019
82 d late
2017
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 89.6%
2023 · €24k
2019: €4k
2021: €-106k
2022: €-41k
2023: €24k
2019 → 2024
Working capital
€-97k▲ 4.7%
2023 · €-102k
2019: €16k
2021: €-88k
2022: €-127k
2023: €-102k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€26k-€-72k€-113k▼ 56.9%€-90k▲ 20.8%€-87k▲ 2.7%
Operating result€4k-€-106k€-41k▲ 61.2%€24k€2k▼ 89.6%
Net result€4k-€-106k€-41k▲ 61.2%€24k€2k▼ 89.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets
€10k▼ 19.7%
Current assets
€66k▲ 13.0%
Key figures and ratios
EBITDA
€5k▼
2023 · €25k
Cash flow
€5k▼
2023 · €25k
Solvency
-116.4%▲
2023 · -128.7%
Current ratio
0.40▲
2023 · 0.36
Quick ratio
0.10▲
2023 · 0.05
Debt / equity
-1.86▼
2023 · -1.78
ROA
3.3%▼
2023 · 33.8%
Debt
€162k▲
2023 · €160k
Debt ≤ 1 year
€162k▲
2023 · €160k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€70k€75k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€2k€60▼
Furniture and vehicles24€2k€60▼
Financial fixed assets28€9k€9k=
Current assets29/58€58k€66k▲
Stocks and contracts in progress3€50k€50k=
Stocks30/36€50k€50k=
Amounts receivable within one year40/41-€490
Other amounts receivable41-€490
Cash at bank and in hand54/58€8k€15k▲
Equity and liabilities
Total equity and liabilities10/49€70k€75k▲
Equity10/15€-90k€-87k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-96k€-94k▲
Amounts payable17/49€160k€162k▲
Amounts payable within one year42/48€160k€162k▲
Trade debts44€3k€36k▲
Suppliers440/4€3k€36k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€155k€126k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€53k€67k▲
Gross operating margin9900€78k€72k▼
Operating profit (loss)9901€24k€2k▼
Profit (loss) for the period before taxes9903€24k€2k▼
Profit (loss) for the period9904€24k€2k▼
Profit (loss) for the period to be appropriated9905€24k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-94k▲
Profit (loss) brought forward from the previous period14P€-120k€-96k▲
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 434 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 800 days late
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 121 days late
2021
31-12
Financial
Weakest financial yearnet €-106k ▼2554%
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
28-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
12-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 104 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-12-2025
Butt Ali Imran: Resigned as Director
22-12-2025
Mehmood Qaiser: Resigned as Director
22-12-2025
Zeeshan: Resigned as Director
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2014
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.
Rue Mitant des Camps(L.L) 907100 La LouvièreGround area
234 m²
Building footprint
205 m²
Volume, LiDAR
1,918 m³
2 parcels, Brussels, Wallonia · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ANS SETHI
since 20142.226.200.775
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0249/00L005 | Brussels | 211 m² | 1 · 114 m² | 18.1 m · 5 fl. |
| 55373B0296/00R006 | Wallonia | 24 m² | 1 · 91 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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LAWDO
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STARLICIOUS
BE 0750.811.078
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SMETS CONCEPT STORE BRUSSELS
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,665 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2009
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47820Market retail: textiles, clothing, footwear
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.