MOBARAK

Active

Private limited company (pre-2019)founded 20187 yrs activeLeuvensesteenweg 87, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0715.611.560

Summary

The computed 12-month bankruptcy probability of MOBARAK is 4.3% (elevated). For MOBARAK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 24633 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Axes, FY 2023 · tick = 2022

Profitability74▲+3

Solvency27▲+6

Growth78▲+20

Track record100

Bankruptcy probability, 12 months

4.3% Elevated

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2023

Solvency, return and age of the figures

Solvency

2.3%

Return on assets

4.1%

Age of the figures

33 mo

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 →

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 5 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline24-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-10-2024, 89 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

89 d late

2022

455 d late

2021

52 d late

2020

9 d early

2019

48 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity

€7k

2022 · €-6k

2019: €-958 2020: €3k 2021: €-12k 2022: €-6k

2019 → 2023

Total assets

€315k▲ 96.7%

2022 · €160k

2019: €48k 2020: €61k 2021: €47k 2022: €160k

2019 → 2023

Net result

€13k▲ 119%

2022 · €6k

2019: €-21k 2020: €4k 2021: €-15k 2022: €6k

2019 → 2023

Working capital

€-8k▲ 70.1%

2022 · €-26k

2019: €-34k 2020: €-26k 2021: €-37k 2022: €-26k

2019 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202120222023Trend

Equity€-958-€3k€-12k€-6k▲ 50.1%€7k

Operating result€-20k-€4k€-14k€8k€15k▲ 102%

Net result€-21k-€4k€-15k€6k€13k▲ 119%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed two years in a row; 2023 is 102% above 2022 and is the highest result in the available series.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €315k

95.2%

Fixed assets €15k ▼ 26.5%

Current assets €300k ▲ 115%

Equity and liabilities €315k

97.7%

Equity €7k

Debt €308k

Debt finances 97.7% of the balance-sheet total.

Key figures and ratios

2023 value · change against 2022

EBITDA

€21k▲

2022 · €13k

Cash flow

€18k▲

2022 · €12k

Current ratio

0.97▲

2022 · 0.84

Quick ratio

0.42▲

2022 · 0.12

Debt to equity

43.25▲

2022 · -27.95

ROE

183.4%

ROA

4.1%▲

2022 · 3.7%

Interest coverage

8.90▲

2022 · 5.73

Debt ≤ 1 year

€308k▲

2022 · €166k

Staff costs

€10k▲

2022 · €9k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines

Balance sheet Code20222023

Assets

Total assets20/58€160k€315k▲

Fixed assets21/28€20k€15k▼

Intangible fixed assets21€13k€9k▼

Tangible fixed assets22/27€2k€500▼

Plant, machinery and equipment23€945-

Furniture and vehicles24€750€500▼

Financial fixed assets28€6k€6k=

Current assets29/58€140k€300k▲

Stocks and contracts in progress3€120k€169k▲

Stocks30/36€120k€169k▲

Amounts receivable within one year40/41€19k€129k▲

Trade receivables40€14k€114k▲

Other amounts receivable41€5k€14k▲

Cash at bank and in hand54/58€543€1k▲

Deferred charges and accrued income490/1-€506

Equity and liabilities

Total equity and liabilities10/49€160k€315k▲

Equity10/15€-6k€7k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-26k€-13k▲

Amounts payable17/49€166k€308k▲

Amounts payable within one year42/48€166k€308k▲

Trade debts44€92k€228k▲

Suppliers440/4€92k€228k▲

Taxes, remuneration and social security45€29k€37k▲

Remuneration and social security454/9€29k€37k▲

Other amounts payable47/48€45k€42k▼

Income statement Code20222023

Remuneration, social security and pensions62€9k€10k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼

Other operating charges640/8€4k€2k▼

Gross operating margin9900€26k€32k▲

Operating profit (loss)9901€8k€15k▲

Financial income75/76B€698-

Recurring financial income75€698-

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€6k€13k▲

Profit (loss) for the period9904€6k€13k▲

Profit (loss) for the period to be appropriated9905€6k€13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-26k€-13k▲

Profit (loss) brought forward from the previous period14P€-32k€-26k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2024

28-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 89 days late

28-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 455 days late

2023

31-12

Financial Highest result since 2019net €13k ▲119%

Operating result €15k, net result €13k, both a record.

2022

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

21-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 52 days late

2021

22-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

17-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 48 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Sint-Joost-ten-Node · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Leuvensesteenweg 871210 Sint-Joost-ten-Node

Ground area

207 m²

Building footprint

200 m²

Volume, LiDAR

1,436 m³

Parcel 21572B0411/00E000, Brussels · tallest building 17.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

MOBARAK

Leuvensesteenweg 87, 1210 Sint-Joost-ten-NodeRetail trade

since 20182.286.398.183

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21572B0411/00E000	Brussels	207 m²	1 · 200 m²	17.0 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 site

Sint-Joost-ten-Node2.286.398.183

1 permission

Toelating · Detailhandel · since 21-03-2019

Similar companies · same sector, comparable size

Anderlecht · Eq €7,107

Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,069 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded07-12-2018

Fiscal year end31-12

Activities, NACEBEL 2025

47110Non-specialised retail sale with food, beverages or tobacco predominating

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Phone:000000000

Establishment Sint-Joost-ten-Node 2.286.398.183