HAMMURABI
The computed 12-month bankruptcy probability of HAMMURABI is 7.5% (elevated). The 2022 annual accounts show negative equity (€-13k) and a net result of €23k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 1264 sector peers (fiscal year 2022). The company has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-13k |
| Net result | €23k |
| Better than sector | 13% |
| Active | 16 yrs |
Mixed profile: strong on stability, weaker on profitability.
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 | -14.6% | 28.4% | |
| Net result | €23k | €4k | |
| Equity | €-13k | €17k | |
| Gross operating margin | €24k | €26k | |
| Total assets | €87k | €65k |
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €23k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €87k |
| Equity | €-13k |
| Debt | €100k |
| of which ≤ 1y | €56k |
| of which > 1y | €44k |
| Working capital | €31k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 1.55 |
| Quick ratio | 1.55 |
| Working capital ratio | 35.5% |
| Solvency | -14.6% |
| Debt / equity | -7.84 |
| Long-term debt ratio | -3.43 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 26.9% |
| ROE | -183.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €87k |
| Current assets | 29/58 | €87k |
| Amounts receivable within one year | 40/41 | €68k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €87k |
| Equity | 10/15 | €-13k |
| Contributions / capital | 10/11 | €30k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €100k |
| Amounts payable after one year | 17 | €44k |
| Amounts payable within one year | 42/48 | €56k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €24k |
| Financial charges | 65 | €660 |
| Result before taxes | 9903 | €23k |
| Net result for the period | 9904 | €23k |
| Result to be appropriated | 9905 | €23k |
-
Current01-09-2025 → present
-
Current01-05-2025 → present
-
Current11-07-2024 → present
Former directors (3)
-
Former- → 01-09-2025
-
Former15-07-2016 → 11-07-2024
2 events
- 11-07-2024 Resigned· Managing director
- 15-07-2016 Appointed· Manager
-
Former- → 15-07-2016
| NACE primary | Land transport(49200) |
| Legal form | Private limited company(610) |
| Incorporation | 09-02-2010 |
| Status | Active |
| Postal code | 1780 |
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. |
|---|---|---|---|---|
| 21802B1376/00D000 | Brussels | 546 m² | 1 · 759 m² | 26.6 m · 7 fl. |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-01-2026 Transaction in capital or shares
Technical details
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"events": [
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"kind": "share_transfer",
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"currency": null,
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"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2025-09-01",
"evidence_quote": "Dhr.Khaled AL KARKHI heeft zijn verlangen uitgesproken om zijn aandelen 100% aan Dhr.Firas ABDULLAH van de beheerder die accepteert, en dit vanaf de datum van 01 september 2025.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0822.997.191",
"name_full": "HAMMURABI",
"legal_form": "BV"
}
}06-06-2025 Abdullah Firas Ibrahim appointed as director
- Abdullah Firas Ibrahim, Bestuurder
Technical details
{
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"kind": "director_in",
"role": "bestuurder",
"person": {
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"name": "Abdullah Firas Ibrahim",
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},
"effective_date": "2025-05-01",
"evidence_quote": "De benoeming van de heer Abdullah Firas Ibrahim, als bestuurder, die aanvaardt vanaf 01 mel 2025."
}
],
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"subject_company": {
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"name_full": "HAMMURABI",
"legal_form": "SRL"
}
}18-11-2024 Articles of association amended
Technical details
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"statute_change": {
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"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0822.997.191",
"name_full": "PASTAQUEEN",
"legal_form": "SPRL"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}05-08-2024 1 director appointed, 1 resigning
- AL KARKHI KHALED ALI, Gedelegeerd bestuurder
- RUBI CRISI, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
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"name": "RUBI CRISI",
"address": null,
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},
"effective_date": "2024-07-11",
"evidence_quote": "Acte la d\u00E9mission de son poste de g\u00E9rant \u00E0 partir du 11/07/2024 M. RUBI CRISI G\u00E9rant d\u00E9missionnaire"
},
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"rrn": null,
"name": "AL KARKHI KHALED ALI",
"address": null,
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},
"effective_date": "2024-07-11",
"evidence_quote": "Acte Ja nomination sans condition ni r\u00E9serve aucune de M. AL KARKHI KHALED ALI comme nouveau g\u00E9rant \u00E0 partir du 11/07/2024 qui accepte"
}
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}25-05-2021 Registered office moved from BRUXELLES to UCCLE
- RUE DE L'ECUYER 59, 1000 BRUXELLES → RUE DU HAM 97, 1180 UCCLE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "UCCLE",
"region": "Brussels",
"street": "RUE DU HAM",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "97"
},
"old_address": {
"city": "BRUXELLES",
"region": "Brussels",
"street": "RUE DE L\u0027ECUYER",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "59"
},
"effective_date": "2021-04-02",
"evidence_quote": "Acte le transfert du si\u00E8ge social RUE DU HAM 97 1180 UCCLE \u00E0 la nouvelle adresse"
}
],
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"legal_form": "SPRL"
}
}15-07-2016 1 director appointed, 1 resigning
- Rubi Crisi, Zaakvoerder
- El Baroudi Ghizlarie, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "El Baroudi Ghizlarie",
"address": null,
"birth_date": null
},
"evidence_quote": "Ontslag als zaakvoerder van Mevrouw El Baroudi Ghizlarie"
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Rubi Crisi",
"address": null,
"birth_date": null
},
"evidence_quote": "Benoeming tot zaakvoerder van de Heer Rubi Crisi"
}
],
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}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | HAMMURABI |
- 19-08-2024 UBO non-compliance