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ERGEN SABRI

Active
Private limited companyfounded 2019active for 7 yearsAvenue du Printemps 1, 1410 Waterloo, BelgiumKBO/BCE: BE 0734.615.741
Summary

The computed 12-month bankruptcy probability of ERGEN SABRI is 1.6% (moderate). The 2024 annual accounts show equity of €91,592 and a net result of -€78,412. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€5.0mtotal assets 2024
Equity
€91,592
Loss
-€78,412
Turnover not published (micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Accounts 75 days overdue0 of 1 deed read
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 23-09-2025)1 financial year not filed after the legal deadline; latest accounts 54 days late; 1 of the last 3 latelowers riskSize: total assets €5.0mNo main activity registeredShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (no NACE code, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 27-10
equity 1.8% of total assets
Liquidity 40-11
short-term debt 27.9% · cash 0.9%
Profitability 67+34
return on assets -1.6%
Bankruptcy probability, 12 months
1.6% 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: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 1.7%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.4%▼ -1.3 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.7 percentage points vs 09-2026
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.05, compared with 0.23 in 2023, below 1; short-term debt: 27.9% and cash: 0.9% of total assets), and 98.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 14% on solvency, 27% on liquidity, 67% on profitability and 6% on growth.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €5.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 23-09-2025)
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 54 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2021222324
2020 to 2024 · latest year -€78,412
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, 75 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 5 filings
Deviation from the deadline
2025
not filed
2024
54 days late
2023
27 days late
2022
87 days early
2021
41 days late
2020
103 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Equity above €150,000equity €170,004

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2024 -€78,412 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Caution: Equity fell in 2024from €170,004 to €91,592 ▼ 46.1% View

By topic

Financials

Financial year
2024
Total assets
€5.0m
Loss
-€78,412
Solvency
1.8%
Total assets▲ 257%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 05-05-2023Annual accounts filed
  2. 31-12-2022Liquidity more than triples
  3. 10-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
18-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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