Maison Cheikh
ActiveThe computed 12-month bankruptcy probability of Maison Cheikh is 4.8% (elevated). The annual accounts of Maison Cheikh for fiscal year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €18k and a net result of €-28k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
22
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▼-91
Solvency34▼-20
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.69 in 2023; short-term debt: 90.6% and cash: 4.9% of total assets), and 90.6% 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.4%
Return on assets
-14.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
28 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▼ 60.5%
2023 · €45k
2022: €16k
2023: €45k
2022 → 2024
Total assets
€192k▲ 23.0%
2023 · €156k
2022: €202k
2023: €156k
2022 → 2024
Net result
€-28k
2023 · €29k
2022: €11k
2023: €29k
2022 → 2024
Working capital
€-52k▼ 51.8%
2023 · €-34k
2022: €-82k
2023: €-34k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€16k-€45k▲ 185%€18k▼ 60.5%
Operating result€17k-€41k▲ 138%€-21k
Net result€11k-€29k▲ 163%€-28k
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 €21k after €41k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192k
Fixed assets
€70k▼ 12.5%
Current assets
€122k▲ 60.0%
Equity and liabilities €192k
Equity
€18k▼ 60.5%
Debt
€174k▲ 57.5%
The debt ratio rises from 70.8% to 90.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2023 · €60k
Cash flow
€-9k▼
2023 · €47k
Solvency
9.4%▼
2023 · 29.2%
Current ratio
0.70▲
2023 · 0.69
Quick ratio
0.54▲
2023 · 0.54
Debt / equity
9.67▲
2023 · 2.42
ROE
-153.4%▼
2023 · 63.5%
ROA
-14.4%▼
2023 · 18.5%
Interest coverage
-0.34▼
2023 · 17.09
Debt
€174k▲
2023 · €110k
Debt ≤ 1 year
€174k▲
2023 · €110k
Income taxes
€502▼
2023 · €9k
Staff costs
€112k▲
2023 · €81k
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€156k€192k▲
Fixed assets21/28€80k€70k▼
Tangible fixed assets22/27€79k€69k▼
Furniture and vehicles24€79k€63k▼
Assets under construction and advance payments27-€6k
Financial fixed assets28€168€393▲
Current assets29/58€76k€122k▲
Stocks and contracts in progress3€17k€28k▲
Stocks30/36€17k€28k▲
Amounts receivable within one year40/41€45k€81k▲
Trade receivables40€13k€75k▲
Other amounts receivable41€32k€6k▼
Cash at bank and in hand54/58€12k€9k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€156k€192k▲
Equity10/15€45k€18k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€40k€13k▼
Amounts payable17/49€110k€174k▲
Amounts payable within one year42/48€110k€174k▲
Trade debts44€63k€128k▲
Suppliers440/4€63k€128k▲
Taxes, remuneration and social security45€48k€45k▼
Taxes450/3€25k€15k▼
Remuneration and social security454/9€23k€30k▲
Accrued charges and deferred income492/3€21-
Income statement
Code20232024
Remuneration, social security and pensions62€81k€112k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€144k€111k▼
Operating profit (loss)9901€41k€-21k▼
Financial income75/76B€302€136▼
Recurring financial income75€302€136▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€38k€-27k▼
Income taxes67/77€9k€502▼
Profit (loss) for the period9904€29k€-28k▼
Profit (loss) for the period to be appropriated9905€29k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€13k▼
Profit (loss) brought forward from the previous period14P€12k€40k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-28k ▼195%
Net result drops to €-28k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2022net €29k ▲163%
Operating result €41k, net result €29k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2022
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.
Emile Bouilliotstraat 161050 ElseneGround area
220 m²
Building footprint
128 m²
Volume, LiDAR
1,840 m³
Parcel 21447B0306/00X037, Brussels · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Maison Cheikh
since 20222.326.359.611
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0306/00X037 | Brussels | 220 m² | 1 · 128 m² | 17.1 m · 5 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 siteElsene2.326.359.611
Similar companies · same sector, comparable size
VINAMEX
BE 0847.193.644
Sint-Lambrechts-Woluwe · Eq €18k
BAMIKA
BE 0804.027.654
Sint-Jans-Molenbeek · Eq €18k
Say Cheese
BE 0787.474.209
Hamme (Vl.) · Eq €18k
ZAMAN EXPRESS MORLANWELZ
BE 0790.274.143
Morlanwelz · Eq €18k
JIA HE
BE 1011.642.395
Antwerpen · Eq €18k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,051 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2021
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.