MOPHRADAT
The computed 12-month bankruptcy probability of MOPHRADAT is < 0.1% (very low). The 2025 annual accounts show equity of €286k and a net result of €-56k. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 40 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €286k |
| Net result | €-56k |
| Better than sector | 16% |
| Active | 23 yrs |
Mixed profile: strong on stability, weaker on profitability.
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 | 26.8% | 72.4% | |
| Net result | €-56k | €12k | |
| Equity | €286k | €139k | |
| Gross operating margin | €132k | €135k | |
| Total assets | €1.07M | €213k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €3k |
| Net profit | €-56k |
| Cash flow | €-46k |
| Staff costs | €124k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.07M |
| Equity | €286k |
| Debt | €782k |
| of which ≤ 1y | €26k |
| of which > 1y | - |
| Working capital | €894k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 34.97 |
| Quick ratio | 34.97 |
| Working capital ratio | 83.7% |
| Solvency | 26.8% |
| Debt / equity | 2.73 |
| Long-term debt ratio | - |
| Interest coverage | 0.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.3% |
| ROE | -19.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 16d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.07M |
| Fixed assets | 21/28 | €148k |
| Tangible fixed assets | 22/27 | €148k |
| Financial fixed assets | 28 | €116 |
| Current assets | 29/58 | €921k |
| Amounts receivable within one year | 40/41 | €63k |
| Cash & bank | 54/58 | €847k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.07M |
| Equity | 10/15 | €286k |
| Contributions / capital | 10/11 | €35k |
| Accumulated profits (losses) | 14 | €153k |
| Amounts payable | 17/49 | €782k |
| Amounts payable within one year | 42/48 | €26k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €132k |
| Operating result | 9901 | €-8k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €52k |
| Result before taxes | 9903 | €-56k |
| Net result for the period | 9904 | €-56k |
| Result to be appropriated | 9905 | €-56k |
| NACE primary | 94999 |
| Legal form | Int'l non-profit association(125) |
| Incorporation | 19-09-2002 |
| Status | Active |
| Postal code | 1000 |
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. |
|---|---|---|---|---|
| 21811M2564/00E000 | Brussels | 200 m² | 1 · 183 m² | 17.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-10-2024 Matthias Lilienthal resigns as assemblée générale
- Matthias Lilienthal, Assemblée générale
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}16-03-2023 1 director appointed, 1 resigning
- Suzanne Cotter, President du conseil d'administration
- Walid Raad, President du conseil d'administration
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}07-02-2023 3 directors appointed, 2 resigning
- Amal Salman Abdulrasool Ahmed Khalaf, Conseil d'administration
- Hendrik Wivina G De Smedt, Conseil d'administration
- Nadia Cherif, Conseil d'administration
- Reem Ghaith Mousa Fadda, Assemblée générale
- Sophie Nys, Conseil d'administration
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}20-07-2020 5 directors appointed, 5 resigning
- Monsieur RAAD Walid Ghanem, Bestuurder
- Madame NYS Sophie, Bestuurder
- Monsieur NASAR Hammad, Bestuurder
- Madame COTTER Suzanne Maree, Bestuurder
- Madame ABULDAHAB Mai Sadek Ahmed, Directeur exécutif
- Madame AL-ANI Jananne, Bestuurder
- Madame KUONI Karin Christine, Bestuurder
- Monsieur VASIF KARACA Kortun, Bestuurder
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}02-03-2020 2 directors appointed, 2 resigning
- Hendrik Wivina G. De Smedt, Board member
- Helena Kritis, Board member
- Res Bosshart, Board member
- Rachida Ait-Ali, Board member
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}04-06-2018 7 directors appointed, 1 resigning
- Walid Raad, President du conseil d'administration
- Suzanne Cotter, Bestuurder
- Reem Fadda, Bestuurder
- Matthias Lilíenthal, Bestuurder
- Vasif Kortun, Bestuurder
- Hammad Nasar, Bestuurder
- Rachída Ait-Ali, Membre de l'assemblée générale
- Res Bosshart, President du conseil d'administration
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}02-10-2017 Registered office moved within Bruxelles
- Rue Guillaume Tell 57, Bruxelles 1060, Belgique → Rue de l'abattoir 4, Bruxelles 1000
Technical details
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}14-09-2016 2 directors appointed, 2 resigning
- Kuoni Karin, Bestuurder
- Al-Ani, Jananne, Bestuurder
- Benkirane, Khalil, Bestuurder
- Laidi-Hanieh, Adila, Bestuurder
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}16-12-2015 Articles of association amended
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}12-12-2014 Articles of association amended
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}25-09-2014 4 directors appointed, 3 resigning
- Khadija El Bennaoui, Member of the general assembly
- Sophie Monica J Nys, Administrator
- Walid Ghanem Raad, Administrator
- Mai Abu ElDahab, Executive director
- Mai Abu ElDahab, Member of the general assembly
- Smith Willy, Administrator
- Skandarani Nawel, Administrator
Technical details
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}20-10-2011 Tarek Abou El Fetouh appointed as afgevaardigde dagelijks bestuurder
- Tarek Abou El Fetouh, Afgevaardigde dagelijks bestuurder
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MOPHRADAT |