Equity
€127,027 ▲ 1.5%
KASAP SADIK has made a profit without a break since 2014.
KASAP SADIK
Lifetime
14 annual accounts with figures on one time axispeak €51,508 (2021)
-€3,520▼ €14,768
lowest -€5,788 (2013)
€1,865▼ 71.4%
peak €127,027 (2024)
€127,027▲ 1.5%
€73,244▼ 6.5%
peak 2 FTE (2011)
-not published
Board2 names since 2021
1 directorSadik MIZRAK
Documentsfilings and deeds
18-12-2025140 days late
2024micro format
Gross margin from €11,248 to -€3,520Result from €6,510 to €1,865Change of role: Sadik MIZRAK, from manager to director 15-10Cash from €21,882 to €7,558
Key points
from the 2024 annual accountsInvestments
€5,815 1.5 × depreciation
Green is investment, beige is depreciation.
Filings
14 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
50
Fair
Financially stronger than 42% of micro companies in food products (NACE 10)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025lowest value
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025
08-2025: 1.9%▲ +0.5 percentage points vs 07-2025
09-2025: 2.0%▲ +0.1 percentage points vs 08-2025
10-2025: 2.6%▲ +0.6 percentage points vs 09-2025
11-2025: 2.7%▲ +0.1 percentage points vs 10-2025
12-2025: 3.7%▲ +1.0 percentage point vs 11-2025highest value
01-2026: 2.3%▼ -1.4 percentage points vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.1%▼ -0.2 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%▼ -0.2 percentage points vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026
09-2026: 2.5%▲ +0.2 percentage points vs 08-2026
10-2026: 3.2%▲ +0.7 percentage points vs 09-2026
11-2026: 3.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 22-12-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 140 days late; 3 of the last 3 accounts late
Sector: Manufacture of food products (NACE 10)
lowers risk
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 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 10, micro). It does better than 77% of them on solvency, 30% on liquidity, 19% on profitability and 42% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as KASAP SADIK has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of KASAP SADIK itself is higher: 3.2% within 12 months. It rests on far more data about KASAP SADIK than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 10,904 companies, not a prediction for KASAP SADIK. 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
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.58 (2.48 in 2023), above the usual 1.5. Short-term debt is 36.6% and cash 3.8% of total assets. 36.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 140 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
140 days late
2023
65 days late
2022
102 days late
2021
77 days late
2020
31 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 84 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Sadik MIZRAK 65 sharesdeed of 10-04-2025
- Seydi MIZRAK 25 sharesdeed of 10-04-2025
- Salih DUVAR 10 sharesdeed of 10-04-2025
Recent changes
Appointment: Seydi MIZRAK (director)
Sadik MIZRAK holds 65 shares · Seydi MIZRAK holds 25 shares · Salih DUVAR holds 10 shares · General meeting of 31-12-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0831508546
Change of role: Sadik MIZRAK, from manager to director
Director discharge: Sadik MIZRAK · General meeting of 09-10-2024 · Gazette deed
First establishment
Jerusalemstraat 36-38, Schaerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KASAP SADIK Schaerbeek | €200,271 | -€3,520 | 63.4% | - |
| LE DMS Wetteren | €96,648 | -€691 | 89.7% | - |
| DE MEYER FRANKY Lokeren | €96,170 | -€9,915 | 71.7% | - |
| NORBERT IMPENS Destelbergen | €275,046 | -€22,893 | 76.6% | - |
| MELITA FOOD Ghent | €141,715 | €2,133 | 90.6% | - |
| Oris Beveren-Kruibeke-Zwijndrecht | €94,738 | €2,668 | 33.4% | - |
| LES PAYSANS BOUCHERS Beaumont | €432,539 | -€27,466 | -69.0% | - |
These companies have the same main activity as KASAP SADIK: manufacture of food products (NACE 10111). They are comparable in size and age: total assets between €94,700 and €433,000, founded between 1997 and 2021.
Official details
Source: KBO- Status
- Active since 30-11-2010Normal situation
- Activity
- Manufacture of food productsNACE 10111and 5 others
- Joint committee
- 201Independent retail · annual accounts 2023
- Establishment unit
- 2.193.896.3121030 Schaerbeek, since 01-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
Insights on KASAP SADIK
KASAP SADIK files the micro format. That format states no turnover. The gross margin fell from €51,208 in 2011 to -€3,520 in 2024.
The balance sheet grew most from 2012 to 2014 through fixed assets.
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 KASAP SADIK
- What is the company number of KASAP SADIK?
- The company number of KASAP SADIK is 0831.508.546. The VAT number is the same number with BE in front: BE 0831.508.546.
- Where is KASAP SADIK based?
- The registered office is at Jerusalemstraat 36-38, 1030 Schaerbeek.Company details
- What does KASAP SADIK do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10111).
- What is the legal form of KASAP SADIK?
- KASAP SADIK is a private limited company (BV).
- When was KASAP SADIK founded?
- KASAP SADIK was founded on 30-11-2010.
- Is KASAP SADIK still active?
- Yes, KASAP SADIK is an active enterprise in the KBO register.
- How many employees does KASAP SADIK have?
- KASAP SADIK had an average of 1.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does KASAP SADIK fall under?
- In its 2023 annual accounts, KASAP SADIK states joint committee 201 (Independent retail).
- What is the turnover of KASAP SADIK?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
- Is KASAP SADIK profitable?
- In financial year 2024, KASAP SADIK made a profit of €1,865.
- Where can I find the annual accounts of KASAP SADIK?
- KASAP SADIK filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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