MASHRIQ
The computed 12-month bankruptcy probability of MASHRIQ is 23.0% (high). The 2024 annual accounts show negative equity (€-8k) and a net result of €14k. Equity is shrinking by ~87.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 5609 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-8k |
| Net result | €14k |
| Staff (FTE) | 2 |
| Better than sector | 27% |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -7.5% | 19.3% | |
| Net result | €14k | €4k | |
| Equity | €-8k | €14k | |
| Gross operating margin | €80k | €52k | |
| Staff costs | €58k | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €244k |
| EBITDA | - |
| Net profit | €14k |
| Cash flow | - |
| Staff costs | €58k |
| Income taxes | - |
| Dividends | - |
| Total assets | €108k |
| Equity | €-8k |
| Debt | €116k |
| of which ≤ 1y | €116k |
| of which > 1y | - |
| Working capital | €-8k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.93 |
| Quick ratio | 0.69 |
| Working capital ratio | -7.5% |
| Solvency | -7.5% |
| Debt / equity | -14.26 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 20.1% |
| Net margin | 5.8% |
| ROA | 13.2% |
| ROE | -175.6% |
| EBITDA margin | - |
| Days sales outstanding | 94d |
| Days payable outstanding | 173d |
| Inventory turnover | 7.00 |
| Days inventory (DSI) | 52d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €108k |
| Current assets | 29/58 | €108k |
| Stocks & contracts in progress | 3 | €28k |
| Amounts receivable within one year | 40/41 | €66k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €108k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €116k |
| Amounts payable within one year | 42/48 | €116k |
| Trade debts payable within one year | 44 | €92k |
| Income statement | ||
| Turnover | 70 | €244k |
| Gross operating margin | 9900 | €80k |
| Operating result | 9901 | €15k |
| Financial charges | 65 | €804 |
| Result before taxes | 9903 | €14k |
| Net result for the period | 9904 | €14k |
| Result to be appropriated | 9905 | €14k |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 03-03-2022 |
| Status | Active |
| Postal code | 1070 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00V032 | Brussels | 174 m² | 1 · 163 m² | 23.1 m · 7 fl. |
| 21305B0204/00T036 | Brussels | 84 m² | 1 · 84 m² | 18.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-11-2025 Registered office moved within Anderlecht
- Rue de l'Instruction 102, 1070 Anderlecht → Rue limnander 3, 1070 Anderlecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue limnander",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "3"
},
"old_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue de l\u0027Instruction",
"country": "BE",
"postcode": "1070",
"box_number": "4",
"street_number": "102"
},
"effective_date": "2025-11-01",
"evidence_quote": "Le si\u00E8ge social de la SRL MASHRIQ est transf\u00E9r\u00E9 \u00E0 l\u0027adresse suivante : Rue limnander 3, 1070 Anderlecht, \u00E0 partir d\u0027aujourd\u0027hui."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.557",
"name_full": "MASHRIQ",
"legal_form": "SRL"
}
}31-01-2025 Registered office moved within Anderlecht
- Rue d'Aumale 98, 1070 Anderlecht → Rue de l'Instruction 102, 1070 Anderlecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue de l\u0027Instruction",
"country": "BE",
"postcode": "1070",
"box_number": "4",
"street_number": "102"
},
"old_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue d\u0027Aumale",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "98"
},
"effective_date": "2024-10-25",
"evidence_quote": "1. Le transfert du si\u00E8ge social \u00E0 Rue de l\u0027Instruction, 102/4, 1070 Anderlecht \u00E0 partir d\u0027aujourd\u0027hui."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.557",
"name_full": "MASHRIQ",
"legal_form": "SRL"
}
}29-08-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-07-01",
"evidence_quote": "3) Suite \u00E0 la cession des actiors, la nouvelle r\u00E9partition du capital se fait de la mani\u00E8re suivante; MOMAND Mohammad 100 actions",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.557",
"name_full": "MASHRIQ",
"legal_form": "SRL"
}
}17-01-2023 Registered office moved from Charleroi to Anderlecht
- Place du Manège 12, 6000 Charleroi → Rue d'Aumale 98, 1070 Anderlecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue d\u0027Aumale",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "98"
},
"old_address": {
"city": "Charleroi",
"region": "Wallonia",
"street": "Place du Man\u00E8ge",
"country": "BE",
"postcode": "6000",
"box_number": null,
"street_number": "12"
},
"effective_date": "2022-12-31",
"evidence_quote": "Le transfert du si\u00E8ge social de la srl MASHRIQ \u00E0: Rue d\u0027Aumale 98-1070 Anderlecht"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0782.842.557",
"name_full": "MASHRIQ",
"legal_form": "SRL"
}
}07-03-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "6000 Charleroi, Place du Man\u00E8ge 12",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Monsieur WALIE Mumtaz",
"niss": null,
"address": "1070 Anderlecht, rue de la Vigne 20"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "Monsieur WALIE Mumtaz",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 20000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0782.842.557",
"name_full": "MASHRIQ",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-02-25",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MASHRIQ |
- 27-10-2025 Address struck