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EL FAHD

Active
Private limited companyfounded 2015active for 11 yearsBrabantstraat 87, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0568.933.110

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of EL FAHD is 2.2% (moderate). The 2024 annual accounts show equity of €246,073 and a net result of €49,699. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 43% of 25,566 sector peers (NACE 47, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 21-01-2015 Normal situation
Legal form
Private limited company
Registered office
Brabantstraat 87, 1030 Schaarbeek
Activity
Other non-specialised retail sale NACE 47120and 1 other
Establishment units
2.238.613.609 1030 Schaarbeek, since 30-01-2015
2.359.534.502 1853 Grimbergen, since 01-01-2024
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Board and ownership

Board

Financial position

53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2024
Turnover
€1.7m
▲ 31.3%
Profit
€49,699
▲ 169%
Equity
€246,073
▲ 25.3%
Total assets
€1.0m
▼ 33.1%
Staff
≈ 4.4 FTE
estimated
2025 accounts not filed, 93 days past the deadline
Filed on 31-10-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 05-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 2 of the last 3 accounts latelowers riskFounded in 2015Size: turnover €1.7m, total assets €1.0mShow the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 49% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 49+11
equity 24.2% of total assets
Liquidity 35+7
short-term debt 75.8% · cash 20.5%
Profitability 62+21
return on assets 4.9%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%▼ -0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.9%▲ +0.3 percentage points vs 08-2025 10-2025: 2.8%▲ +0.9 percentage points vs 09-2025 11-2025: 2.9%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.9%▼ -2.0 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.5 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 2.2%▲ +0.6 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.2 (1.13 in 2023), below the usual 1.5. Short-term debt is 75.8% and cash 20.5% of total assets. 75.8% of the assets are financed with debt and provisions.
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 40% of them on solvency, 32% on liquidity, 43% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 05-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €1.7m, total assets €1.0m
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 · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
27 days late
2022
73 days late
2021
89 days late
2020
61 days late
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 74 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.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 89% of companies in retail tradesector median €4,565 · 25,542 companies €49,699 View
  • Positive: 7 profitable years in a rowprofit 2024: €49,699 7 years View
  • Positive: Turnover rose in 2024from €1.3m to €1.7m ▲ 31.3% View

Documents

Annual accounts at the NBB

All 10 annual accounts

Articles and registers

Key facts about EL FAHD

What is the company number of EL FAHD?
The company number of EL FAHD is 0568.933.110. The VAT number is the same number with BE in front: BE 0568.933.110.
Where is EL FAHD based?
The registered office is at Brabantstraat 87, 1030 Schaarbeek.Company details
What does EL FAHD do?
According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
What is the legal form of EL FAHD?
The legal form of EL FAHD is Private limited company (BV).
When was EL FAHD founded?
EL FAHD was founded on 21-01-2015.
Is EL FAHD still active?
Yes, EL FAHD is an active enterprise in the KBO register.
What is the turnover of EL FAHD?
The turnover of EL FAHD was €1.7m in financial year 2024, according to the filed annual accounts.Financials
Is EL FAHD profitable?
In financial year 2024, EL FAHD made a profit of €49,699.
Where can I find the annual accounts of EL FAHD?
EL FAHD filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as EL FAHD: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €712,000 and €1.4m, founded between 2012 and 2017.

CompanyTotal assetsGross margin
EL FAHD Schaarbeek€1.0m€0.3m
DAM MAU CADEAUX Villers-la-Ville€0.9m€0.2m
LOCALISY Herve€1.4m€0.3m
Bekaert-Maertens Brugge€0.8m€0.3m
DARBRO Anderlecht€1.1m€0.4m
CONNEXING BENELUX Etterbeek€0.7m€0.2m
COLOR IMPACT DESIGN & PRINTING Etterbeek€1.3m€0.2m
Full comparison

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