Equity
-€561
Debts exceed assets in financial year 2025.
ASSAD SAMI
Lifetime
1 annual account with figurespeak €14,249 (2025)
€14,249
lowest -€561 (2025)
-€561
peak -€561 (2025)
-€561
€18,080
Board2 names since 2024
2 directorsBAZITKHEL Assadullah and 1 other
Documentsfilings and deeds
28-04-202687 days late
2025micro format
Loss of €561First year with figures
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€18,080 103% of the balance sheet
Suppliers 44%Taxes and wages 56%
2025 accounts filed 87 days after the deadline
Checked score
35
Weak
Financially stronger than 29% of micro companies in food products (NACE 10)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 5.9%
08-2025: 6.0%▲ +0.1 percentage points vs 07-2025
09-2025: 6.1%▲ +0.1 percentage points vs 08-2025
10-2025: 6.8%▲ +0.7 percentage points vs 09-2025
11-2025: 7.5%▲ +0.7 percentage points vs 10-2025
12-2025: 7.5%● unchanged vs 11-2025
01-2026: 8.1%▲ +0.6 percentage points vs 12-2025
02-2026: 8.1%● unchanged vs 01-2026
03-2026: 7.9%▼ -0.2 percentage points vs 02-2026
04-2026: 7.9%● unchanged vs 03-2026
05-2026: 11.4%▲ +3.5 percentage points vs 04-2026
06-2026: 11.6%▲ +0.2 percentage points vs 05-2026
07-2026: 11.6%● unchanged vs 06-2026highest value
08-2026: 11.6%● unchanged vs 07-2026highest value
09-2026: 11.6%● unchanged vs 08-2026highest value
10-2026: 5.8%▼ -5.8 percentage points vs 09-2026
11-2026: 5.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Sector: Manufacture of food products (NACE 10)
Last filed accounts filed 88 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 0.97, cash €16,629
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 10, micro). It does better than 18% of them on solvency, 47% on liquidity and 22% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 1,555 companies had the same profile as ASSAD SAMI has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASSAD SAMI itself: 5.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,555 companies, not a prediction for ASSAD SAMI. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.97, below 1. Short-term debt is 103.2% and cash 94.9% of total assets. Equity is negative.
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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 · 2025 accounts filed 87 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-04-2026, 87 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 · 1 filingDeviation from the deadline
2025
87 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- BAZITKHEL Assadullah 50 sharesdeed of 10-06-2024
- KHOGYANI Samiullah 50 sharesdeed of 10-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010120683
Incorporation
Founding capital of €1, 100 shares · Founders: BAZITKHEL Assadullah and KHOGYANI Samiullah · Appointments: BAZITKHEL Assadullah (director) and KHOGYANI Samiullah (director) · published on 10-06-2024 · Gazette deed
Official details
Source: KBO- Status
- Active since 06-06-2024Normal situation
- Activity
- “Alle activiteiten zonder enige uitzondering en in de ruimste zin die rechtstreeks in verband…” (deed in Dutch)From the articles, 31 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Reachable since 23-12-2025
Insights on ASSAD SAMI
The computed 12-month bankruptcy probability of ASSAD SAMI is 5.8% (elevated). The 2025 annual accounts show negative equity (-€561) and a net result of -€561.
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ASSAD SAMI
- What is the company number of ASSAD SAMI?
- The company number of ASSAD SAMI is 1010.120.683. The VAT number is the same number with BE in front: BE 1010.120.683.
- Where is ASSAD SAMI based?
- The registered office is at Herentalsebaan 269, 2100 Antwerp.Company details
- What is the legal form of ASSAD SAMI?
- ASSAD SAMI is a private limited company (BV).
- When was ASSAD SAMI founded?
- ASSAD SAMI was founded on 06-06-2024.
- Is ASSAD SAMI still active?
- Yes, ASSAD SAMI is an active enterprise in the KBO register.
- What is the turnover of ASSAD SAMI?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €14,249 and 6,297 comparable companies of the same size. It probably lies between €50,000 and €260,000. It is a rough estimate.Financials
- Is ASSAD SAMI profitable?
- In financial year 2025, ASSAD SAMI made a loss of €561.
- Where can I find the annual accounts of ASSAD SAMI?
- ASSAD SAMI filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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