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GHAZAL

Active Private limited companyfounded 2015active for 10 yearsHouba de Strooperlaan 84, 1020 BrusselsKBO/BCE: BE 0642.946.880

Lifetime

9 annual accounts with figures on one time axis
peak €204,503 (2024)
€204,503▲ 14.6%
lowest -€1,461 (2024)
-€1,461▼ €14,824
peak €128,922 (2023)
€127,462▼ 1.1%
€387,083▲ 288%
Board4 names since 2023
3 directors and 2 others
Documentsfilings and deeds
30-08-202530 days late
2024micro format
Gross margin from €178,438 to €204,503Loss of €1,461Appointment: (director) 09-10Appointment: (director) 29-04Debts from €99,741 to €387,083

Key points

from the 2024 annual accounts

Debts

€387,083 ▲ 288%
Suppliers
+93,280
Taxes and wages
+27,395
The rest
+166,668

Debts rose by €287,342 in 2024.

Liquidity

1.18 was 2.76 in 2023

Short-term debts rose from €62,968 to €387,083.

Filings

9 annual accounts 103 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,423 companies had the same profile as GHAZAL has now. Each dot stands for 4 companies, two years later.

96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,423 companies, not a prediction for GHAZAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0642946880
Appointment: (director) General meeting of 06-11-2025 · Gazette deed
Resignation: (director) General meeting of 31-12-2024 · Gazette deed
Appointment: (director) General meeting of 01-10-2024 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
GHAZAL Brussels €514,545 €204,503 24.8% -
WANTEK Brussels €481,941 €192,030 40.0% -
BEYCE Forest €588,063 €204,243 44.3% 3.1
FRITUUR BEN Wetteren €521,385 €195,652 51.7% -
TENGFEI Genk €526,310 €220,652 72.7% -
EFE-20 Sint-Pieters-Leeuw €549,007 €216,914 36.2% -
L & S MOCCA Herenthout €539,664 €185,192 10.0% -

These companies have the same main activity as GHAZAL: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €482,000 and €588,000, founded between 2015 and 2016.

Official details

Source: KBO
Status
Active since 17-11-2015Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 3 others
Establishment units
2.251.614.0821020 Brussels, since 01-01-2016
2.276.758.5611020 Brussels, since 15-06-2018
Financial year end
31 December
Peppol
Reachable since 01-04-2026
Company details

Annual accounts 2024

≈ €630,000estimated
€514,545▲ 125%
≈ 4.4 FTEestimated
Filing
Filed on 30-08-2025
Financials

Insights on GHAZAL

GHAZAL files the micro format. That format states no turnover. The gross margin rose from €10,614 in 2016 to €204,503 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GHAZAL

What is the company number of GHAZAL?
The company number of GHAZAL is 0642.946.880. The VAT number is the same number with BE in front: BE 0642.946.880.
Where is GHAZAL based?
The registered office is at Houba de Strooperlaan 84, 1020 Brussels.Company details
What does GHAZAL do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of GHAZAL?
GHAZAL is a private limited company (BV).
When was GHAZAL founded?
GHAZAL was founded on 17-11-2015.
Is GHAZAL still active?
Yes, GHAZAL is an active enterprise in the KBO register.
What is the turnover of GHAZAL?
The turnover in financial year 2024 is ≈ €630,000. This figure is estimated from the gross margin of €204,503 and 79 comparable companies (NACE 56112). It probably lies between €470,000 and €780,000. In financial year 2023 turnover was €456,634.Financials
Is GHAZAL profitable?
In financial year 2024, GHAZAL made a loss of €1,461.
Where can I find the annual accounts of GHAZAL?
GHAZAL filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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