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Bassam Group

Active
Private limited companyfounded 2024active for 2 yearsSint-Maartensbilk 12, 8000 Brugge, BelgiumKBO/BCE: BE 1005.729.058
Summary

The computed 12-month bankruptcy probability of Bassam Group is 4.5% (elevated). The 2025 annual accounts show negative equity (-€9,727) and a net result of -€3,602. Its solvency ranks better than 11% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 07-02-2024 Normal situation
Activity
Retail sale of women's outerwear NACE 47711and 7 others
Establishment unit
2.356.232.146 since 07-02-2024
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Board and ownership

Board

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2025
Gross margin
€15,252
Turnover
≈ €160,000
estimated
Loss
€3,602
▼ 55.7%
Equity
-€9,727
▼ 58.8%
Total assets
€15,521
▼ 57.7%
Staff
≈ 0.5 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 30 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBONegative equity -€9,727lowers riskSize: total assets €15,521Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 19% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0-8
equity -62.7% of total assets
Liquidity 50+38
short-term debt 162.7% · cash 49.2%
Profitability 0=
return on assets -23.2%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 03-2025: 1.8%lowest value 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.3%▲ +0.4 percentage points vs 05-2025 07-2025: 2.3%● unchanged vs 06-2025 08-2025: 2.6%▲ +0.3 percentage points vs 07-2025 09-2025: 2.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.9%▲ +0.1 percentage points vs 01-2026 03-2026: 3.0%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 10.1%▲ +7.0 percentage points vs 06-2026 08-2026: 11.3%▲ +1.2 percentage points vs 07-2026highest value 09-2026: 4.6%▼ -6.7 percentage points vs 08-2026 10-2026: 4.5%▼ -0.1 percentage points vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61 (0.86 in 2024), below 1. Short-term debt is 162.7% and cash 49.2% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Size: total assets €15,521
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€9,727
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€9,727
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filings
Deviation from the deadline
2025
30 days late
2024
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 24 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
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.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€9,727 View
  • Caution: Lower solvency than 89% of companies in retail tradesector median 33.2% · 22,773 companies -62.7% View

Recent changes

  1. · Gazette deed Registered office moved from Oostende to Brugge
  2. · KBO administration Address struckAdolf Buylstraat 32 L’adresse du siège Adolf Buylstraat 32 8400 Adolf Buylstraat 32 8400, 8400 Oostende werd doorgehaald met ingang Oostende · event 12-04-2026
  3. · Gazette deed IncorporationAppointment: BASSAM Shabir (director)
All 5 events

Comparable companies

These companies have the same main activity as Bassam Group: retail sale of women's outerwear (NACE 47711). They are comparable in size and age: total assets between €10,300 and €39,200, founded between 2021 and 2025.

CompanyTotal assetsGross margin
Bassam Group Brugge€15,521€15,252
Factory19 Brussel€10,304€9,921
FELIZ Landen€28,310€18,597
Ask NM Aalter€28,235€9,673
CAFTAN LC Sint-Jans-Molenbeek€21,434€23,929
Coobra Grobbendonk€16,928€10,076
SO ROMANTIC Tournai€39,245€17,080
Full comparison

Key facts about Bassam Group

What is the company number of Bassam Group?
The company number of Bassam Group is 1005.729.058. The VAT number is the same number with BE in front: BE 1005.729.058.
Where is Bassam Group based?
The registered office is at Sint-Maartensbilk 12, 8000 Brugge.Company details
What does Bassam Group do?
According to the KBO register, the main activity is retail sale of women's outerwear (NACE 47711).
What is the legal form of Bassam Group?
The legal form of Bassam Group is Private limited company (BV).
When was Bassam Group founded?
Bassam Group was founded on 07-02-2024.
Is Bassam Group still active?
Yes, Bassam Group is an active enterprise in the KBO register.
What is the turnover of Bassam Group?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €15,252 and 118 comparable companies (NACE 477). It probably lies between €58,000 and €340,000. It is a rough estimate.Financials
Is Bassam Group profitable?
In financial year 2025, Bassam Group made a loss of €3,602.
Where can I find the annual accounts of Bassam Group?
Bassam Group filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Bassam Group due?
Bassam Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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