KASAP SADIK
ActiveKASAP SADIK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €127k and a net result of €2k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-17
Solvency88▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.58 against 2.48 in 2023; short-term debt: 36.6% and cash: 3.8% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
65 d late
2022
102 d late
2021
77 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€127k▲ 1.5%
2023 · €125k
2018: €62k
2019: €69k
2020: €87k
2021: €107k
2022: €119k
2023: €125k
2018 → 2024
Total assets
€200k▼ 1.6%
2023 · €203k
2018: €112k
2019: €150k
2020: €149k
2021: €181k
2022: €182k
2023: €203k
2018 → 2024
Net result
€2k▼ 71.4%
2023 · €7k
2018: €15k
2019: €17k
2020: €28k
2021: €30k
2022: €11k
2023: €7k
2018 → 2024
Working capital
€115k▼ 0.1%
2023 · €116k
2018: €51k
2019: €63k
2020: €76k
2021: €94k
2022: €105k
2023: €116k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€107k▲ 23.1%€119k▲ 10.7%€125k▲ 5.5%€127k▲ 1.5%
Operating result€26k-€31k▲ 21.0%€12k▼ 62.5%€8k▼ 34.8%€-9k
Net result€28k-€30k▲ 6.8%€11k▼ 61.9%€7k▼ 43.2%€2k▼ 71.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€12k▲ 21.2%
Current assets
€189k▼ 2.7%
Equity and liabilities €200k
Equity
€127k▲ 1.5%
Debt
€73k▼ 6.5%
The debt ratio falls from 38.5% to 36.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-5k▼
2023 · €11k
Cash flow
€6k▼
2023 · €9k
Solvency
63.4%▲
2023 · 61.5%
Current ratio
2.58▲
2023 · 2.48
Quick ratio
2.38▲
2023 · 2.32
Debt / equity
0.58▼
2023 · 0.63
ROE
1.5%▼
2023 · 5.2%
ROA
0.9%▼
2023 · 3.2%
Interest coverage
-0.73▼
2023 · 1.68
Debt
€73k▼
2023 · €78k
Debt ≤ 1 year
€73k▼
2023 · €78k
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€203k€200k▼
Fixed assets21/28€10k€12k▲
Tangible fixed assets22/27€5k€7k▲
Furniture and vehicles24€5k€7k▲
Financial fixed assets28€5k€5k=
Current assets29/58€194k€189k▼
Stocks and contracts in progress3€12k€15k▲
Stocks30/36€12k€15k▲
Amounts receivable within one year40/41€158k€165k▲
Trade receivables40€9k-
Other amounts receivable41€149k€165k▲
Cash at bank and in hand54/58€22k€8k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€203k€200k▼
Equity10/15€125k€127k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k-
Other1319-€2k
Profit (loss) carried forward14€117k€119k▲
Amounts payable17/49€78k€73k▼
Amounts payable within one year42/48€78k€73k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€57k€47k▼
Suppliers440/4€57k€47k▼
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€11k€22k▲
Taxes450/3€11k€22k▲
Other amounts payable47/48€500-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€724€1k▲
Gross operating margin9900€11k€-4k▼
Operating profit (loss)9901€8k€-9k▼
Financial income75/76B€8k€17k▲
Recurring financial income75€0€17k▲
Non-recurring financial income76B€8k-
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€10k€2k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€7k€2k▼
Profit (loss) for the period to be appropriated9905€7k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€119k▲
Profit (loss) brought forward from the previous period14P€111k€117k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼71.4%
Net result drops to €2k, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 102 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Highest result since 2018net €30k ▲6.8%
Operating result €31k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲23.1%
4 profitable years in a row build equity to €107k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Schaarbeek · 1 establishment unit since 2010
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.
Jerusalemstraat 36-381030 SchaarbeekGround area
1,417 m²
Building footprint
1,020 m²
Volume, LiDAR
4,990 m³
Parcel 21903B0275/00T002, Brussels · tallest building 17.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kasap Sadik
since 20102.193.896.312
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0275/00T002 | Brussels | 1,417 m² | 1 · 1,020 m² | 17.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.193.896.312
Similar companies · same sector, comparable size
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TÖMMELHOF
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DECLAR
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Of 599 companies in sector 10111 we hold annual accounts for 329. 238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2010
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
47210Retail sale of fruit and vegetables
47222Retail trade
47242Retail sale of chocolate and confectionery
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.