Financials
- Fiscal year
- 2024
- Total assets
- €276,539
- Profit
- €91,518
- Solvency
- 98.5%
Total assets▲ 33.9%
Net result
20222024
DR WAEL ELSAYED
ActiveSummary
The computed 12-month bankruptcy probability of DR WAEL ELSAYED is 2.3% (moderate). The 2024 annual accounts show equity of €272,494 and a net result of €91,518. Equity is growing by ~47.8% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known2 sites
Size
€276,539total assets 2024
- Equity
- €272,494
- Profit
- €91,518
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 56- 1 change of registered office in 24 months- Figures for FY 2024 (filed 02-06-2025)+ Size: total assets €276,539+ Liquidity: current ratio 65.67, cash €226,687Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 88% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 98.5% of total assets
Liquidity
100+2
short-term debt 1.5% · cash 82.0%
Profitability
100=
return on assets 33.1%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%▼ -0.6% vs 12-2024lowest value
02-2025: 0.2%▲ +1.8% vs 01-2025
03-2025: 0.2%▲ +7.1% vs 02-2025
04-2025: 0.2%▲ +1.7% vs 03-2025
05-2025: 0.2%▲ +8.7% vs 04-2025
06-2025: 0.3%▲ +26.0% vs 05-2025
07-2025: 0.2%▼ -9.5% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.4% vs 12-2025
02-2026: 0.2%● 0.0% vs 01-2026
03-2026: 0.2%● 0.0% vs 02-2026
04-2026: 0.3%▲ +31.3% vs 03-2026
05-2026: 0.4%▲ +32.6% vs 04-2026
06-2026: 0.5%▲ +21.0% vs 05-2026
07-2026: 0.5%▲ +13.8% vs 06-2026
08-2026: 1.1%▲ +93.6% vs 07-2026
09-2026: 1.1%▲ +6.8% vs 08-2026
10-2026: 2.3%▲ +108% vs 09-2026highest value
- Size: total assets €276,539 lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 02-06-2025) raises the probability
- Liquidity: current ratio 65.67, cash €226,687 lowers the probability
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 65.67 against 7.99 in 2023; short-term debt: 1.5% and cash: 82% of total assets), and 1.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 95%, profitability 90%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2025, 65 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
65 d early
2023
27 d early
2022
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity times 8current ratio 65.67
- Equity above €200,000Eq €272,494 ▲50.6%
Key points
By topic
Timeline
- Events
- 7
- Since
- 2023
- 27-05-2025Annual accounts filed
- 31-12-2024Liquidity times 8
- 31-12-2024Equity above €200,000
Company details
- Sites
- 2
- Legal form
- Private limited company
- Founded
- 09-05-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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