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Complete company report
Generated 21-08-2026
Active BE 1000.539.558Private limited company

ANTWERP ENTERPRISE GROUP

Carnotstraat 27/W5 ·2060 Antwerpen, Belgium· 2 yrs active
Sector: Activiteiten van reisbureaus (79110)
Conclusion Checked

The computed 12-month bankruptcy probability of ANTWERP ENTERPRISE GROUP is 6.9% (elevated). The 2025 annual accounts show negative equity (€-5k) and a net result of €-28k. Its solvency ranks better than 17% of 45 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-5k
Net result €-28k
Better than sector 17%
Active 2 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health17Profitability50Solvency33Growth55Stability82
47 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 17
Profitability 50
Solvency 33
Growth 55
Stability 82
Bankruptcy probability (12 mo) Checked model v1 · free
6.9% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
17 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 16-05-2026 with the NBB · fiscal year 2025 · micro
€-100k€0€100k€200k€300kRevenue 2024: €246k€246kOperating result 2024: €-21k€-21kNet result 2024: €-21k€-21kRevenue 2025: €329k€329kOperating result 2025: €-27k€-27kNet result 2025: €-28k€-28k20242025
RevenueOperating resultNet result
Sector comparison
Fiscal year 2025 · NACE 79 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -20.9% 35.3%
better than 17% of 45 sector peers
Net result €-28k €5k
better than 8% of 45 sector peers
Equity €-5k €35k
better than 17% of 45 sector peers
Gross operating margin €-26k €23k
better than 5% of 45 sector peers
Total assets €22k €110k
better than 20% of 45 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€329k
+33.5% 24-25
Net profit
€-28k
-30.9% 24-25
Total assets
€22k
+114.4% 24-25
Equity
€-5k
-153.4% 24-25
Working capital
€-15k
-707.0% 24-25
Debt
€26k
+120.3% 24-25
Debt ≤ 1y
€26k
+120.3% 24-25
Current ratio
0.45
-47.1% 24-25
Show 6 other metrics
Quick ratio
0.45
-47.1% 24-25
Solvency
-20.9%
-18.2% 24-25
Debt / equity
-5.78
+13.1% 24-25
ROE
609.4%
-48.3% 24-25
ROA
-127.5%
+38.9% 24-25
Net margin
-8.5%
+1.9% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue€329k
EBITDA-
Net profit€-28k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€22k
Equity€-5k
Debt€26k
of which ≤ 1y€26k
of which > 1y-
Working capital€-15k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.45
Quick ratio0.45
Working capital ratio-66.6%
Solvency-20.9%
Debt / equity-5.78
Long-term debt ratio-
Interest coverage-
Gross margin-8.0%
Net margin-8.5%
ROA-127.5%
ROE609.4%
EBITDA margin-
Days sales outstanding2d
Days payable outstanding13d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€22k
Fixed assets 21/28€10k
Financial fixed assets 28€10k
Current assets 29/58€12k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€22k
Equity 10/15€-5k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-24k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€13k
Income statement
Turnover 70€329k
Gross operating margin 9900€-26k
Operating result 9901€-27k
Financial charges 65€624
Result before taxes 9903€-28k
Net result for the period 9904€-28k
Result to be appropriated 9905€-28k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Armani Irshad
    Director
    State Gazette act 24176789 (17-12-2024)
    Current
    18-11-2024 → present
Former directors (2)
  • Mandozai Afsar
    Director
    State Gazette act 25106925 (22-08-2025)
    Former
    - → 24-07-2025
  • Muzafarkhil Sadaf
    Director
    State Gazette act 25044423 (03-04-2025)
    Former
    - → 03-04-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Activiteiten van reisbureaus(79110)
Legal form Private limited company(610)
Incorporation29-09-2023
StatusActive
Postal code2060
Establishment units 2 locations
ANTWERP ENTERPRISE GROUP
Carnotstraat 27/W5, 2060 AntwerpenComputerconsultancy-activiteiten
since 20232.351.353.244
ANTWERP TRAVEL
Carnotstraat 50, 2060 AntwerpenActiviteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
since 20262.391.238.456
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H0555/00C000 Flanders 298 m² 1 · 298 m² 27.2 m · 8 fl.
11808H1013/00L000 Flanders 51 m² 1 · 51 m² 28.2 m · 5 fl.
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.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
16-05-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
22-08-2025
State Gazette act Director changes
16-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
03-04-2025
State Gazette act Director changes
2024
17-12-2024
State Gazette act Director changes
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2025
22-08-2025 Mandate of Mandozai Afsar as director expired Director changes
  • Mandozai Afsar, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Mandozai Afsar",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-07-24",
      "evidence_quote": "De heer Mandozai Afsar treedt terug uit zijn functie van bestuurder met ingang van 24/07/2025.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-08-22",
    "filing_date": "2025-08-12",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-07-24",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1000.539.558",
    "name_full": "ANTWERP ENTERPRISE GROUP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Armani Irshad",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
03-04-2025 Mandate of Muzafarkhil Sadaf as director expired Director changes
  • Muzafarkhil Sadaf, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Muzafarkhil Sadaf",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "end_of_term",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Mevrouw Muzafarkhil Sadaf is vanaf vandaag geen bestuurder meer.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-03",
    "filing_date": "2025-03-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2025-03-12",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1000.539.558",
    "name_full": "ANTWERP ENTERPRISE GROUP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Armani Irshad",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "integrale tekst"
  ],
  "corrected_publication_numac": null
}
2024
17-12-2024 Armani Irshad appointed as director Director changes
  • Armani Irshad, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Armani Irshad",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-11-18",
      "evidence_quote": "Mijnheer Armani Irshad wordt benoemd als bestuurder vanaf 18/11/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-12-17",
    "filing_date": "2024-12-06",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-11-18",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1000.539.558",
    "name_full": "ANTWERP ENTERPRISE GROUP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Notulen van Bijzondere algemene vergadering"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van reisbureaus79110Overige reserveringsactiviteiten79909Bemiddelingsactiviteiten in verband met zakelijke dienstverlening, neg82400Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Activiteiten van reisorganisatoren79120
Primary activity highlighted.
Names & trade names
Legal nameNL ANTWERP ENTERPRISE GROUP
Registered office
Carnotstraat 27/W5
2060 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative