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FIRDAOUS SHOP

Active
Private limited companyfounded 2018active for 8 yearsWaterlose Steenweg 118, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0688.942.795
Summary

The computed 12-month bankruptcy probability of FIRDAOUS SHOP is 4.6% (elevated). The 2024 annual accounts show equity of €19,961 and a net result of €15,585. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 15,482 sector peers (NACE 46, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of furniture, household goods and hardware
NACE 46150Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
1 site
Size
€150,595turnover 2024
Equity
€19,961
Profit
€15,585
Financial health
41 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.6%
Structure
Accounts 76 days overdue1 of 2 deeds read
Why 41raises riskFigures for financial year 2024 (filed 25-10-2025)1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 lateFounded in 2018Size: turnover €150,595, total assets €43,349Show the evidence

Checked score

Score 2024
41 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 69% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Strong
Solvency 71+30
equity 46.0% of total assets
Liquidity 32+19
short-term debt 54.0% · cash 7.4%
Profitability 100+67
return on assets 36.0%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 4.2% 12-2024: 3.0%▼ -1.2 percentage points vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.2%▲ +0.2 percentage points vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.3 percentage points vs 05-2025 07-2025: 2.9%● unchanged vs 06-2025 08-2025: 3.4%▲ +0.5 percentage points vs 07-2025 09-2025: 3.5%▲ +0.1 percentage points vs 08-2025 10-2025: 5.6%▲ +2.1 percentage points vs 09-2025highest value 11-2025: 2.3%▼ -3.3 percentage points vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.2 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%▼ -0.1 percentage points vs 04-2026 06-2026: 1.9%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.5 percentage points vs 07-2026 09-2026: 2.8%▲ +0.4 percentage points vs 08-2026 10-2026: 4.6%▲ +1.8 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.85, compared with 1.2 in 2023, above the usual 1.5; short-term debt: 54% and cash: 7.4% of total assets), but 54% 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 (NACE 46, micro): better than 54% on solvency, 29% on liquidity, 95% on profitability and 97% on growth.

The bankruptcy probability was computed on 14-10-2026 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
raises risk · Figures for financial year 2024 (filed 25-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late
NBB · filings
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €150,595, total assets €43,349
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
181920222324
2018 to 2024 · latest year €19,961
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, 76 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 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 24-10-2025, 85 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 · 6 filings
Deviation from the deadline
2025
not filed
2024
85 days late
2023
111 days late
2022
64 days late
2020
89 days late
2019
31 days late
2018
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 72 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed 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. Resignation: EL KADDOURI M’Hamed (manager)Appointment: EL KADDOURI M’Hamed (director)…
  3. Back to profitnet €15,585

Key points

  • Positive: Turnover rose in 2024from €56,736 to €150,595 ▲ 165% View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Positive: 3 years of growth in a rowturnover 2024: €150,595 3 years View

By topic

Financials

Financial year
2024
Turnover
€150,595
Profit
€15,585
Solvency
46.0%
Turnover▲ 165%
Net result
20182024
Go to Financials

Timeline

Events
10
Since
2019
  1. 19-11-2024Annual accounts filed
  2. 03-10-2023Annual accounts filed
  3. 28-10-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of furniture, household goods…NACE 46150
Founded
26-01-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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