GURMEHAR
The computed 12-month bankruptcy probability of GURMEHAR is 3.4% (moderate). The 2024 annual accounts show equity of €38k and a net result of €4k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 6695 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €38k |
| Net result | €4k |
| Better than sector | 82% |
| Active | 5 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.1% | 20.4% | |
| Net result | €4k | €4k | |
| Equity | €38k | €16k | |
| Gross operating margin | €16k | €24k | |
| Staff costs | €3k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €392k |
| EBITDA | €7k |
| Net profit | €4k |
| Cash flow | €7k |
| Staff costs | €3k |
| Income taxes | €894 |
| Dividends | - |
| Total assets | €63k |
| Equity | €38k |
| Debt | €25k |
| of which ≤ 1y | €14k |
| of which > 1y | €11k |
| Working capital | €33k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.32 |
| Quick ratio | 2.76 |
| Working capital ratio | 51.9% |
| Solvency | 60.1% |
| Debt / equity | 0.66 |
| Long-term debt ratio | 0.29 |
| Interest coverage | 17.71 |
| Gross margin | 2.0% |
| Net margin | 0.9% |
| ROA | 5.7% |
| ROE | 9.4% |
| EBITDA margin | 1.8% |
| Days sales outstanding | 20d |
| Days payable outstanding | 5d |
| Inventory turnover | 48.93 |
| Days inventory (DSI) | 7d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €63k |
| Fixed assets | 21/28 | €16k |
| Tangible fixed assets | 22/27 | €13k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €47k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €63k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €28k |
| Amounts payable | 17/49 | €25k |
| Amounts payable after one year | 17 | €11k |
| Amounts payable within one year | 42/48 | €14k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Turnover | 70 | €392k |
| Gross operating margin | 9900 | €16k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €815 |
| Financial charges | 65 | €401 |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €894 |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
Former directors (1)
-
Former- → 18-02-2026
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 24-09-2020 |
| Status | Active |
| Postal code | 1040 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0490/00Z006 | Brussels | 199 m² | 1 · 135 m² | 13.7 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-02-2026 SINGH Harjit resigns as director
- SINGH Harjit, Bestuurder
Technical details
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"kind": "director_out",
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"rrn": null,
"name": "SINGH Harjit",
"address": null,
"birth_date": null
},
"evidence_quote": "Monsieur SINGH Harjit, domicili\u00E9 \u00E0 avenue de la Couronne 63 /SS, 1050 Ixelles, d\u00E9missionne de son poste d\u0027administrateur. L\u0027assembl\u00E9e g\u00E9n\u00E9rale accepte sa d\u00E9mission et lui donne d\u00E9charg\u00E9 de son mandat.",
"discharge_granted": true
}
],
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},
"subject_company": {
"kbo": "0754.834.994",
"name_full": "GURMEHAR",
"legal_form": "SRL"
}
}22-12-2020 Transaction in capital or shares
Technical details
{
"events": [
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"effective_date": "2020-10-01",
"evidence_quote": "A.G.E DU 1er Octobre 2020: - Cession des actions - Cession des actions Suite \u00E0 la cession des actions entre les actionnaires, la nouvelle r\u00E9partition se fait de la mani\u00E8re suivante SINGH Manpreet d\u00E9tient nonante actions (90). Madame XXX Kawaldeep kaur d\u00E9tient dix actions (10).",
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}
}28-09-2020 Incorporation of a new SRL
Technical details
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"seat": "1040 Etterbeek, Avenue Nouvelle 78",
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1982-08-23",
"name": "SINGH Manpreet",
"niss": null,
"address": "Rue Pierre Hap Lema\u00EEtre, 53 - 1040 Etterbeek"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
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"holder_person_name": "SINGH Manpreet",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
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},
{
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"person": {
"dob": "1969-02-02",
"name": "SINGH Harjit",
"niss": null,
"address": "Avenue de la Couronne, 63 - SS - 1050 Ixelles"
},
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"partner_role": null,
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"amount_paid_in_eur": 0,
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}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0754.834.994",
"name_full": "GURMEHAR",
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},
"initial_directors": [],
"incorporation_date": "2020-09-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GURMEHAR |