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Active
BE 0845.246.914Private limited company (pre-2019)Open bankruptcy
FA.SY
· 14 yrs active
Sector: Food & beverage service
(56112)
Conclusion
A bankruptcy procedure is open for FA.SY according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €67k and a net result of €1k.
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €67k |
| Net result | €1k |
| Better than sector | 44% |
| Active | 14 yrs |
Snowflake analysis
16
/ 100
Fragile profile, watch stability in particular.
Health
1
Profitability
9
Solvency
20
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
1
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-05-2025 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.6% | 16.6% | |
| Net result | €1k | €2k | |
| Equity | €67k | €11k | |
| Gross operating margin | €120k | €42k | |
| Staff costs | €101k | €47k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€15k
-54.7%
18-23
€1k
-94.5%
18-23
€11k
-64.5%
18-23
€631k
+57.1%
18-23
€67k
+1.8%
18-23
€40k
+12.6%
18-23
2
+15.0%
18-23
€101k
+26.5%
18-23
€344
+259.7%
18-23
€564k
+67.9%
18-23
€564k
+67.9%
18-23
€1k
-80.7%
18-23
1.07
-3.2%
18-23
1.03
-1.2%
18-23
10.6%
-35.2%
18-23
8.43
+64.9%
18-23
1.8%
-94.6%
18-23
0.2%
-96.5%
18-23
4.22
-77.2%
18-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €15k |
| Net profit | €1k |
| Cash flow | €11k |
| Staff costs | €101k |
| Income taxes | €344 |
| Dividends | - |
| Total assets | €631k |
| Equity | €67k |
| Debt | €564k |
| of which ≤ 1y | €564k |
| of which > 1y | - |
| Working capital | €40k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 1.03 |
| Working capital ratio | 6.4% |
| Solvency | 10.6% |
| Debt / equity | 8.43 |
| Long-term debt ratio | - |
| Interest coverage | 4.22 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.2% |
| ROE | 1.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €631k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €18k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €604k |
| Stocks & contracts in progress | 3 | €21k |
| Amounts receivable within one year | 40/41 | €576k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €631k |
| Equity | 10/15 | €67k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €46k |
| Amounts payable | 17/49 | €564k |
| Amounts payable within one year | 42/48 | €564k |
| Trade debts payable within one year | 44 | €517k |
| Income statement | ||
| Gross operating margin | 9900 | €120k |
| Operating result | 9901 | €5k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €344 |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | HUGUES DE SCHAETZEN VAN BRIENEN AVENUE
LOUISE 349, 1050 IXELLES |
15-09-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-04-2012 |
| Status | Active |
| Postal code | - |
| First BS signal | 19-09-2025 |
| Latest BS signal | 19-09-2025 |
Company structure, linked entities
Mandates
Establishment units
FA.SI
since 20122.211.399.664
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
| 21305B0214/00W017 | Brussels | 200 m² | - | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
19-09-2025
Bankruptcy
Opening
12-09-2025
State Gazette act
Capital & shares
20-05-2025
NBB filing
Annual accounts filed
20-05-2025
NBB filing
Annual accounts filed
2024
25-06-2024
State Gazette act
Capital & shares
2022
12-10-2022
NBB filing
Annual accounts filed
25-01-2022
NBB filing
Annual accounts filed
2021
26-04-2021
State Gazette act
Director changes
2020
30-11-2020
NBB filing
Annual accounts filed
2019
20-09-2019
NBB filing
Annual accounts filed
2018
28-08-2018
NBB filing
Annual accounts filed
2017
04-12-2017
State Gazette act
Capital & shares
29-09-2017
NBB filing
Annual accounts filed
12-01-2017
NBB filing
Annual accounts filed
2016
14-03-2016
NBB filing
Annual accounts filed
2015
28-12-2015
State Gazette act
Director changes
11-08-2015
State Gazette act
Director changes
27-04-2015
State Gazette act
Director changes
2014
19-11-2014
State Gazette act
Director changes
13-06-2014
State Gazette act
Capital & shares
Lifecycle & Insolvency Signals
19-09-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts
Capital history · 4
12-09-2025
v3.2
25-06-2024
v3.2
04-12-2017
v3.2
13-06-2014
v3.2
All acts · 9
updated 10 months ago
2025
12-09-2025 Transaction in capital or shares
Summary:
v3.2
Technical details
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}2024
25-06-2024 Transaction in capital or shares
Summary:
v3.2
Technical details
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}2021
26-04-2021 2 directors appointed, 1 resigning
- Alsaraj Marwan, Bestuurder
- Alsaraj Ahmed, Bestuurder
- Alsaraj Yasser, Gérant
Summary:
v3.2
Technical details
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{
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}2017
04-12-2017 Transaction in capital or shares
Summary:
v3.2
Technical details
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}2015
28-12-2015 1 director appointed, 2 resigning
- Alsaraj Yasser, Gérant
- El Mazbouh Haidar, Gérant
- Alsaraj Yahya, Associé
Summary:
v3.2
Technical details
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"subject_company": {
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}11-08-2015 El Mazbouh Haidar appointed as gérant
- El Mazbouh Haidar, Gérant
Summary:
v3.2
Technical details
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}27-04-2015 1 director appointed, 1 resigning
- Alsaraj Yasser, Gérant
- El Mazbouh Haidar, Gérant
Summary:
v3.2
Technical details
{
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"role": "g\u00E9rant",
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}
},
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],
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}
}2014
19-11-2014 1 director appointed, 1 resigning
- El Mazbouh Haidar, Gérant
- Alsaraj Yasser, Gérant
Summary:
v3.2
Technical details
{
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"role": "g\u00E9rant",
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},
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"person": {
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"address": null,
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],
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"subject_company": {
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}13-06-2014 Transaction in capital or shares
Summary:
v3.2
Technical details
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}Credit advice
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Company registry (CBE)
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameFR | FA.SY |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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