KASAM FB
ActiveThe computed 12-month bankruptcy probability of KASAM FB is 2.5% (moderate). The 2024 annual accounts show equity of €96k and a net result of €13k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 26056 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▲+2
Solvency100=
Growth85=
Stability100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 5.05 against 7.52 in 2023), and 30.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-08-2025, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
2 d late
2023
317 d late
2022
144 d late
2021
95 d late
2020
41 d late
2019
307 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€605k▲ 2.1%
2023 · €593k
2019: €198k
2020: €404k
2021: €445k
2022: €515k
2023: €593k
2019 → 2024
EBIT margin
2.6%▼ 1.2pp
2023 · 3.8%
2019: 0.7%
2020: 1.7%
2021: 2.0%
2022: 8.8%
2023: 3.8%
2019 → 2024
Net result
€13k▲ 40.1%
2023 · €9k
2019: €1k
2020: €7k
2021: €5k
2022: €43k
2023: €9k
2019 → 2024
Working capital
€108k▲ 31.5%
2023 · €82k
2019: €19k
2020: €13k
2021: €10k
2022: €73k
2023: €82k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€404k-€445k▲ 10.2%€515k▲ 15.5%€593k▲ 15.2%€605k▲ 2.1%
Equity€27k-€31k▲ 17.2%€74k▲ 136%€83k▲ 12.5%€96k▲ 15.5%
Operating result€7k-€9k▲ 31.7%€45k▲ 403%€23k▼ 50.0%€16k▼ 30.4%
Net result€7k-€5k▼ 31.9%€43k▲ 827%€9k▼ 78.3%€13k▲ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€4k▼ 46.3%
Current assets
€135k▲ 42.2%
Equity and liabilities €139k
Equity
€96k▲ 15.5%
Debt
€43k▲ 119%
The debt ratio rises from 19.1% to 30.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€19k▼
2023 · €30k
Cash flow
€17k▼
2023 · €17k
Solvency
69.1%▼
2023 · 80.9%
Current ratio
5.05▼
2023 · 7.52
Quick ratio
4.27▼
2023 · 6.07
Debt / equity
0.45▲
2023 · 0.24
ROE
13.5%▲
2023 · 11.1%
ROA
9.3%▲
2023 · 9.0%
Interest coverage
6.83▲
2023 · 5.32
Debt
€43k▲
2023 · €20k
Debt ≤ 1 year
€27k▲
2023 · €13k
Debt > 1 year
€16k▲
2023 · €7k
Staff costs
€71k▼
2023 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€103k€139k▲
Fixed assets21/28€8k€4k▼
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24€8k€4k▼
Financial fixed assets28€260€260=
Current assets29/58€95k€135k▲
Stocks and contracts in progress3€18k€21k▲
Stocks30/36€18k€21k▲
Amounts receivable within one year40/41€55k€66k▲
Trade receivables40€6k€6k▲
Other amounts receivable41€50k€60k▲
Cash at bank and in hand54/58€20k€49k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€103k€139k▲
Equity10/15€83k€96k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€63k€76k▲
Amounts payable17/49€20k€43k▲
Amounts payable after more than one year17€7k€16k▲
Financial debts170/4€7k€16k▲
Amounts payable within one year42/48€13k€27k▲
Current portion of amounts payable after more than one year42€4k€10k▲
Trade debts44€7k€15k▲
Suppliers440/4€7k€15k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20232024
Turnover70€593k€605k▲
Goods, raw materials, services and sundry goods60/61€478k€506k▲
Remuneration, social security and pensions62€73k€71k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€12k€9k▼
Gross operating margin9900€115k€99k▼
Operating profit (loss)9901€23k€16k▼
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€17k€13k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€9k€13k▲
Profit (loss) for the period to be appropriated9905€9k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€76k▲
Profit (loss) brought forward from the previous period14P€53k€63k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 317 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 144 days late
2022
31-12
Financial
Highest result since 2019net €43k ▲827%
Operating result €45k, net result €43k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.68
Current ratio from 1.31 to 4.68; short-term debt falls from €31k to €20k.
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 307 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Janson 44100 Seraing2 establishment units
KASAM FB COSMETIC
since 20192.285.614.067
KASAM FB FOOD
since 20192.285.614.166
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HAMIDI SARA
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Q & S PROJECTS
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Of 10,404 companies in sector 47110 we hold annual accounts for 5,784. 4,599 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.