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Generated 12-08-2026
Active BE 0476.703.629Private limited company (pre-2019)Open bankruptcy

KOERDI

Jachtlaan 36 ·1040 Etterbeek, Belgium· 24 yrs active
Sector: Detailhandel in tweedehandskleding (47792)
Conclusion Checked

A bankruptcy procedure is open for KOERDI according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €108k and a net result of €20k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €108k
Net result €20k
Better than sector 31%
Active 24 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health11Profitability95Solvency15Growth32Stability0
31 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 11
Profitability 95
Solvency 15
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
11 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 06-01-2025 with the NBB · fiscal year 2023 · micro
€-50k€-25k€0€25k€50k€75kOperating result 2018: €47k€47kNet result 2018: €66k€66kOperating result 2020: €-17k€-17kNet result 2020: €64k€64kOperating result 2022: €-28k€-28kNet result 2022: €-34k€-34kOperating result 2023: €26k€26kNet result 2023: €20k€20k2018202020222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 4.4% 20.1%
better than 31% of 5714 sector peers
Net result €20k €3k
better than 76% of 5694 sector peers
Equity €108k €15k
better than 88% of 5721 sector peers
Gross operating margin €252k €23k
better than 95% of 5668 sector peers
Staff costs €221k €33k
higher than 95% of 2551 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€29k
- 18-23
Net profit
€20k
- 18-23
Cash flow
€23k
- 18-23
Total assets
€2.47M
+41.0% 18-23
Equity
€108k
+23.3% 18-23
Working capital
€130k
+21.0% 18-23
Employees (FTE)
10
-5.0% 18-23
Staff costs
€221k
+44.5% 18-23
Income taxes
€0
-100.0% 18-23
Debt
€2.36M
+41.9% 18-23
Debt ≤ 1y
€2.33M
+42.7% 18-23
Debt > 1y
€30k
0.0% 18-23
Current ratio
1.06
-0.9% 18-23
Quick ratio
0.85
-9.7% 18-23
Solvency
4.4%
-12.5% 18-23
Debt / equity
21.94
+15.1% 18-23
ROE
18.9%
- 18-23
ROA
0.8%
- 18-23
Interest coverage
4.71
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€29k
Net profit€20k
Cash flow€23k
Staff costs€221k
Income taxes-
Dividends-
Total assets€2.47M
Equity€108k
Debt€2.36M
of which ≤ 1y€2.33M
of which > 1y€30k
Working capital€130k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.06
Quick ratio0.85
Working capital ratio5.3%
Solvency4.4%
Debt / equity21.94
Long-term debt ratio0.28
Interest coverage4.71
Gross margin-
Net margin-
ROA0.8%
ROE18.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.47M
Fixed assets 21/28€8k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€4k
Current assets 29/58€2.46M
Stocks & contracts in progress 3€476k
Amounts receivable within one year 40/41€1.96M
Cash & bank 54/58€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.47M
Equity 10/15€108k
Contributions / capital 10/11€19k
Reserves 13€64k
Accumulated profits (losses) 14€25k
Amounts payable 17/49€2.36M
Amounts payable after one year 17€30k
Amounts payable within one year 42/48€2.33M
Trade debts payable within one year 44€2.22M
Income statement
Gross operating margin 9900€252k
Operating result 9901€26k
Financial income 75€0
Financial charges 65€6k
Result before taxes 9903€20k
Net result for the period 9904€20k
Result to be appropriated 9905€20k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Kazkaz Mohamad
    Non-statutory director
    State Gazette act 24064116 (19-04-2024)
    Current
    11-11-2023 → present
Former directors (1)
  • Mohamad Hamaideh
    Non-statutory director
    State Gazette act 24064116 (19-04-2024)
    Former
    - → 11-11-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator GREGORY BRUNEEL
ZELLIKSESTEENWEG 12, 1082 SINT-AGATHA-BERCHEM
 21-01-2025 → present Belgian State Gazette
Legal Structure
NACE primary Detailhandel in tweedehandskleding(47792)
Legal form Private limited company (pre-2019)(015)
Incorporation18-01-2002
StatusActive
Postal code1040
First BS signal 27-01-2025
Latest BS signal 27-01-2025
Establishment units 1 location
H.H RENOV
Frédéric Mohrfeldstraat 3, 1090 Jettede groothandel in weefsels en stoffen
since 20022.134.464.610
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21010B0014/00W005 Brussels 464 m² 1 · 301 m² 15.3 m · 5 fl.
21362B0037/00Z003 Brussels 296 m² 1 · 122 m² 19.6 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 16 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-01-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · KOERDI BV JACHTLAAN 36, 1040 ETTERBEEK · event 21-01-2025
06-01-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
2024
16-05-2024
State Gazette act Registered-office change
19-04-2024
State Gazette act Registered-office change
13-03-2024
State Gazette act Registered-office change
16-02-2024
State Gazette act Registered-office change
2023
31-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
20-06-2023
State Gazette act Registered-office change
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
30-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
08-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
09-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
30-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
29-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
23-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 1 events
27-01-2025
Bankruptcy Opening
Date: 21-01-2025 · Ondernemingsrechtbank Brussel · KOERDI BV JACHTLAAN 36, 1040 ETTERBEEK · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-27 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 5 acts
Address history · 5
16-05-2024
Registered-office move
19-04-2024
Registered-office move
13-03-2024
Registered-office move
16-02-2024
Registered-office move
20-06-2023
Registered-office move
All acts · 5 updated 2 years ago
2024
16-05-2024 Registered office moved to ETTERBEEK Registered-office change
  • avenue de la chasse 36,1040 ETTERBEEK
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "avenue de la chasse 36,1040 ETTERBEEK",
        "city": "ETTERBEEK",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "avenue de la chasse",
        "country": "BE",
        "postcode": "1040",
        "box_number": null,
        "street_number": "36",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2024-05-07",
      "evidence_quote": "Le si\u00E8ge social est transf\u00E9r\u00E9 \u00E0 avenue de la chasse 36,1040 ETTERBEEK.",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "inferred",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2024-05-16",
    "filing_date": "2024-05-07",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2024-01-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0476.703.629",
    "name_full": "KOERDI",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "KAZKAZ Mohamad",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "Mod DOC 19.01"
  ]
}
19-04-2024 Registered office moved from Evergem to Jette Registered-office change
  • Delori-Maeslaan 17 bus C/8, 9940 Evergem → Frederic Mohrfeldstraat 3, 1090 Jette
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "combined",
      "new_address": {
        "raw": "Frederic Mohrfeldstraat 3, 1090 Jette",
        "city": "Jette",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Frederic Mohrfeldstraat",
        "country": "BE",
        "postcode": "1090",
        "box_number": null,
        "street_number": "3",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Delori-Maeslaan 17 bus C/8, 9940 Evergem",
        "city": "Evergem",
        "region": "vlaams_gewest",
        "street": "Delori-Maeslaan",
        "country": "BE",
        "postcode": "9940",
        "box_number": "C/8",
        "street_number": "17",
        "locality_suffix": null
      },
      "effective_date": "2023-11-11",
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-04-19",
    "filing_date": "2024-04-10",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-11-11",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0476.703.629",
    "name_full": "KOERDI",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0440.164.125",
    "org_name": "BV ROVEL",
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": []
}
13-03-2024 Registered office moved from Dilbeek to Evergem Registered-office change
  • Itterbeeksebaan 65, 1700 Dilbeek → Delori-Maeslaan 17 C/8, 9940 Evergem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "combined",
      "new_address": {
        "raw": "Delori-Maeslaan 17 C/8, 9940 Evergem",
        "city": "Evergem",
        "region": "vlaams_gewest",
        "street": "Delori-Maeslaan",
        "country": "BE",
        "postcode": "9940",
        "box_number": "C/8",
        "street_number": "17",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Itterbeeksebaan 65, 1700 Dilbeek",
        "city": "Dilbeek",
        "region": "vlaams_gewest",
        "street": "Itterbeeksebaan",
        "country": "BE",
        "postcode": "1700",
        "box_number": null,
        "street_number": "65",
        "locality_suffix": null
      },
      "effective_date": "2023-11-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "beide",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-03-13",
    "filing_date": "2023-11-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-11-02",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0476.703.629",
    "name_full": "KOERDI",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mohamad Hamaideh",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
16-02-2024 Registered office moved from Dilbeek to Evergem Registered-office change
  • Itterbeeksebaan 65, 1700 Dilbeek → Delori-Maeslaan 17 C/8, 9940 Evergem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "combined",
      "new_address": {
        "raw": "Delori-Maeslaan 17 C/8, 9940 Evergem",
        "city": "Evergem",
        "region": "vlaams_gewest",
        "street": "Delori-Maeslaan",
        "country": "BE",
        "postcode": "9940",
        "box_number": "C/8",
        "street_number": "17",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Itterbeeksebaan 65, 1700 Dilbeek",
        "city": "Dilbeek",
        "region": "vlaams_gewest",
        "street": "Itterbeeksebaan",
        "country": "BE",
        "postcode": "1700",
        "box_number": null,
        "street_number": "65",
        "locality_suffix": null
      },
      "effective_date": "2023-11-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "beide",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2024-02-08",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-11-02",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0476.703.629",
    "name_full": "KOERDI",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mohamad Hamaideh",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Bijtagen bij het Belgisch Staatsblad",
    "Ammexes du Moniteur belge"
  ]
}
2023
20-06-2023 Registered office moved from Sint-Niklaas to Dilbeek Registered-office change
  • Industriepark-West 42/43, 9100 Sint-Niklaas → Itterbeeksbaan 65, 1700 Dilbeek
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Itterbeeksbaan 65, 1700 Dilbeek",
        "city": "Dilbeek",
        "region": "vlaams_gewest",
        "street": "Itterbeeksbaan",
        "country": "BE",
        "postcode": "1700",
        "box_number": null,
        "street_number": "65",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Industriepark-West 42/43, 9100 Sint-Niklaas",
        "city": "Sint-Niklaas",
        "region": "vlaams_gewest",
        "street": "Industriepark-West",
        "country": "BE",
        "postcode": "9100",
        "box_number": null,
        "street_number": "42/43",
        "locality_suffix": null
      },
      "effective_date": "2023-04-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-06-20",
    "filing_date": "2023-04-01",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-04-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0476.703.629",
    "name_full": "KOERDI",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mohamad Hamaideh",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen bij het Betgisch Staatsblad"
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in tweedehandskleding in winkels47792Detailhandel in tweedehandskleding47792Detailhandel in tweedehandsgoederen52502
Primary activity highlighted.
Names & trade names
Legal nameNL KOERDI
Registered office
Jachtlaan 36
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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CC Anderlecht BE 0792.564.630 · Braine-l'Alleud
Rare Brussels BE 0720.643.385 · Brussel
M.A. & P.E. BE 0650.747.858 · Brugge
Louis Tattoo Boutique BE 0881.535.307 · Kortrijk
Un jour, Une pierre BE 0761.452.176 · Aubel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative