MITHU DA DHABA
ActiveThe computed 12-month bankruptcy probability of MITHU DA DHABA is 8.6% (elevated). The 2024 annual accounts show negative equity (€-5k) and a net result of €-39k. Its solvency ranks better than 20% of 18942 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
13
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency5▼-83
Growth22
Track record94
Bankruptcy probability, 12 months
8.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 2.68 in 2023; short-term debt: 119.5% and cash: 9.4% of total assets), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
-19.5%
Return on assets
-152.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
215 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€87k▼ 43.9%
2023 · €156k
2023: €156k
2023 → 2024
EBIT margin
-44.3%▼ 64.1pp
2023 · 19.8%
2023: 19.8%
2023 → 2024
Net result
€-39k
2023 · €31k
2023: €31k
2023 → 2024
Working capital
€-19k
2023 · €34k
2023: €34k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€156k-€87k▼ 43.9%
Equity€34k-€-5k
Operating result€31k-€-39k
Net result€31k-€-39k
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 €39k after €31k in 2023.
Balance-sheet composition
Assets €25k
Fixed assets
€14k
Current assets
€11k
Key figures and ratios
Solvency
-19.5%▼
2023 · 62.6%
Current ratio
0.37▼
2023 · 2.68
Quick ratio
0.18▼
2023 · 2.66
Debt / equity
-6.12▼
2023 · 0.60
ROA
-152.8%▼
2023 · 57.1%
Debt
€30k▲
2023 · €20k
Debt ≤ 1 year
€30k▲
2023 · €20k
Staff costs
€21k▲
2023 · €11k
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€54k€25k▼
Fixed assets21/28-€14k
Tangible fixed assets22/27-€6k
Furniture and vehicles24-€6k
Financial fixed assets28-€8k
Current assets29/58€54k€11k▼
Stocks and contracts in progress3€381€6k▲
Stocks30/36€381€6k▲
Amounts receivable within one year40/41€54k€3k▼
Other amounts receivable41€54k€3k▼
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€54k€25k▼
Equity10/15€34k€-5k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€31k€-8k▼
Amounts payable17/49€20k€30k▲
Amounts payable within one year42/48€20k€30k▲
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48-€11k
Income statement
Code20232024
Turnover70€156k€87k▼
Goods, raw materials, services and sundry goods60/61€116k€105k▼
Remuneration, social security and pensions62€11k€21k▲
Other operating charges640/8-€512
Gross operating margin9900€42k€-18k▼
Operating profit (loss)9901€31k€-39k▼
Financial charges65/66B-€59
Recurring financial charges65-€59
Profit (loss) for the period before taxes9903€31k€-39k▼
Profit (loss) for the period9904€31k€-39k▼
Profit (loss) for the period to be appropriated9905€31k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-8k▼
Profit (loss) brought forward from the previous period14P-€31k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-08
State Gazette act
Registered office · Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge7 facts ▸
State Gazette act
Registered office · Capital & shares · Resignations & appointments
General meeting · Director resignation · Director discharge7 facts ▸
- General meeting, 2026-07-15
- Director resignation, ALVI Zaheer (Bestuurder)
- Director discharge, ALVI Zaheer
- Share transfer, ALVI Zaheer → MAHMOOD Mustasum
- Director appointment, MAHMOOD Mustasum (Bestuurder)
- Registered-office move, Neuseplein 08 - 9000 Gent
- Member admission, MAHMOOD Mustasum
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 215 days late
State Gazette actNBB filing
Directors · office · real estate
Directors
2 directors, no change since 2026
Mahmood Mustasum
CurrentDirector · since 15-07-2026
15-07-2026
Mahmood Mustasum: Appointed as Director
15-07-2026
ALVI Zaheer: Resigned as Director
Location & real-estate footprint
Registered office, Gent
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.
Neuseplein 89000 GentGround area
328 m²
Building footprint
129 m²
Volume, LiDAR
788 m³
Parcel 44021A3066/00G003, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3066/00G003 | Flanders | 328 m² | 1 · 129 m² | 11.5 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.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
viaMahmood Mustasum · Director
→
viaMahmood Mustasum · Director
former→
viaMahmood Mustasum · Director
former→
viaMahmood Mustasum · Director
former→
Capital and shareholders
Transfer of 100 shares from ALVI Zaheer to MAHMOOD Mustasum
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,438 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2022
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:shkhan5720@gmail.com
Phone:0466181948