Equity
-€29,487
Debts exceed assets in financial year 2025.
BASMA
Lifetime
18 annual accounts with figures on one time axispeak €38,820 (2024)
€35,386▼ 8.8%
lowest -€33,334 (2007)
-€634▼ €6,591
peak €16,341 (2018)
-€29,487▼ €634
€44,775▼ 6.3%
peak 0.5 FTE (2007)
-not published
Board1 name since 2018
1 directorTawfik Abd El Maksoud Abd El Hafez Tamer
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €634
Key points
from the 2025 annual accountsDebts
€44,775 293% of the balance sheet
Suppliers 8%Taxes and wages 47%Other 45%
Position in the sector
-192.9%
Lower solvency than 93% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.
2025 accounts filed 31 days after the deadline
Checked score
54
Fair
Financially stronger than 27% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% 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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.0%
01-2025: 6.1%▲ +1.1 percentage points vs 12-2024
02-2025: 6.1%● unchanged vs 01-2025
03-2025: 6.0%▼ -0.1 percentage points vs 02-2025
04-2025: 6.0%● unchanged vs 03-2025
05-2025: 6.2%▲ +0.2 percentage points vs 04-2025
06-2025: 5.8%▼ -0.4 percentage points vs 05-2025
07-2025: 6.0%▲ +0.2 percentage points vs 06-2025
08-2025: 6.0%● unchanged vs 07-2025
09-2025: 6.1%▲ +0.1 percentage points vs 08-2025
10-2025: 6.2%▲ +0.1 percentage points vs 09-2025
11-2025: 6.3%▲ +0.1 percentage points vs 10-2025
12-2025: 7.6%▲ +1.3 percentage points vs 11-2025highest value
01-2026: 4.1%▼ -3.5 percentage points vs 12-2025
02-2026: 4.1%● unchanged vs 01-2026
03-2026: 4.2%▲ +0.1 percentage points vs 02-2026
04-2026: 4.2%● unchanged vs 03-2026
05-2026: 2.0%▼ -2.2 percentage points vs 04-2026
06-2026: 1.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.2 percentage points vs 07-2026
09-2026: 1.6%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 1.6%● unchanged vs 09-2026lowest value
11-2026: 1.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Negative equity -€29,487
lowers risk
Size: total assets €15,288
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 9% of them on solvency, 37% on liquidity, 25% on profitability and 38% 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 31-12-2025.
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, 2,796 companies had the same profile as BASMA has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BASMA itself: 1.6% within 12 months.
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 2,796 companies, not a prediction for BASMA. 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 0.14 (0.19 in 2024), below 1. Short-term debt is 292.9% and cash 33.8% 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
181922232425
2018 to 2025 · latest year -€29,487
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
145 days late
2023
145 days late
2022
29 days late
2019
59 days late
2018
61 days late
2017
58 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 75 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 85 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
TA
Tawfik Abd El Maksoud Abd El Hafez Tamer
Manager
- Tawfik Abd El Maksoud Abd El Hafez Tamer 146 sharesdeed of 20-04-2018
- Tarek Elbadany 20 sharesdeed of 20-04-2018
- Nasr Ahmed Ibrahim Ahmed 20 sharesdeed of 20-04-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878712211
Registered office moved within Vilvoorde
New registered office: Schaarbeeklei 38 te 1800 Vilvoorde · Previous registered office: Schaarbeeklei 24 te 1800 Vilvoorde · General meeting of 14-02-2024 · Gazette deed
Tawfik Abd El Maksoud Abd El Hafez Tamer holds 146 shares
Tarek Elbadany holds 20 shares · Nasr Ahmed Ibrahim Ahmed holds 20 shares · Director in office: Tawfik Abd El Maksoud Abd El Hafez Tamer (manager) · General meeting of 03-04-2018 · Gazette deed
First establishment
-, Schaarbeeklei 38, Vilvoorde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BASMA Vilvoorde | €15,288 | €35,386 | -192.9% | - |
| AYCAN & AYDIN Molenbeek-Saint-Jean | €15,136 | €37,107 | -313.7% | - |
| RUCOLA Antwerp | €14,062 | €37,019 | -180.8% | 0.5 |
| ANNAPURNA HOUSE Rotselaar | €13,812 | €45,209 | 100.0% | - |
| SNACK BAR VENEZIA Saint-Josse-ten-Noode | €15,471 | €42,116 | -132.8% | - |
| MAGAS CHARLEROI Charleroi | €11,979 | €36,328 | -1054.1% | - |
| NINI Ganshoren | €16,310 | €33,551 | -17.9% | - |
These companies have the same main activity as BASMA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €12,000 and €16,300, founded between 2003 and 2010.
Official details
Source: KBO- Status
- Active since 18-01-2006Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.153.844.6161800 Vilvoorde, since 02-06-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Annual accounts 2025
- ≈ €190,000estimated
- €15,288▼ 19.2%
- ≈ 1 FTEestimated
- Filing
- Filed on 31-08-2026
Insights on BASMA
BASMA files the micro format. That format states no turnover. The gross margin rose from €2,822 in 2006 to €35,386 in 2025.
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 BASMA
- What is the company number of BASMA?
- The company number of BASMA is 0878.712.211. The VAT number is the same number with BE in front: BE 0878.712.211.
- Where is BASMA based?
- The registered office is at Schaarbeeklei 38, 1800 Vilvoorde.Company details
- What does BASMA 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 BASMA?
- BASMA is a private limited company (pre-2019) (BVBA).
- When was BASMA founded?
- BASMA was founded on 18-01-2006.
- Is BASMA still active?
- Yes, BASMA is an active enterprise in the KBO register.
- What is the turnover of BASMA?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €35,386 and 67 comparable companies (NACE 56112). It probably lies between €150,000 and €260,000.Financials
- Is BASMA profitable?
- In financial year 2025, BASMA made a loss of €634.
- Where can I find the annual accounts of BASMA?
- BASMA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BASMA due?
- BASMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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