NARH
ActiveThe computed 12-month bankruptcy probability of NARH is 1.9% (moderate). The 2025 annual accounts show equity of €100k and a net result of €8k. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 85% of 18173 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-5
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.77 against 11.82 in 2024; short-term debt: 16.8% and cash: 16.5% of total assets), and 22.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.5%
Return on assets
5.8%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
20 d late
2022
22 d late
2021
61 d late
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€855k▼ 2.8%
2024 · €879k
2019: €192k
2020: €515k
2021: €620k
2022: €686k
2023: €897k
2024: €879k
2019 → 2025
EBIT margin
1.2%▼ 0.5pp
2024 · 1.7%
2019: 4.9%
2020: 5.9%
2021: 6.6%
2022: 0.5%
2023: 2.2%
2024: 1.7%
2019 → 2025
Net result
€8k▼ 49.2%
2024 · €15k
2019: €7k
2020: €21k
2021: €28k
2022: €3k
2023: €15k
2024: €15k
2019 → 2025
Working capital
€82k▲ 6.0%
2024 · €77k
2019: €13k
2020: €34k
2021: €57k
2022: €58k
2023: €101k
2024: €77k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€620k-€686k▲ 10.6%€897k▲ 30.9%€879k▼ 2.0%€855k▼ 2.8%
Equity€61k-€64k▲ 4.3%€78k▲ 21.7%€93k▲ 19.1%€100k▲ 8.2%
Operating result€41k-€3k▼ 91.6%€20k▲ 475%€15k▼ 23.5%€10k▼ 33.4%
Net result€28k-€3k▼ 90.5%€15k▲ 455%€15k▲ 2.1%€8k▼ 49.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€26k▼ 30.1%
Current assets
€103k▲ 22.8%
Equity and liabilities €129k
Equity
€100k▲ 8.2%
Debt
€29k▲ 1.8%
The debt ratio falls from 23.6% to 22.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €22k
Cash flow
€19k▼
2024 · €22k
Solvency
77.5%▲
2024 · 76.4%
Current ratio
4.77▼
2024 · 11.82
Quick ratio
1.45▼
2024 · 5.54
Debt / equity
0.29▼
2024 · 0.31
ROE
7.5%▼
2024 · 16.0%
ROA
5.8%▼
2024 · 12.3%
Interest coverage
37.26▼
2024 · 121.67
Debt
€29k▲
2024 · €29k
Debt ≤ 1 year
€22k▲
2024 · €7k
Debt > 1 year
€7k▼
2024 · €21k
Income taxes
€2k
Staff costs
€96k▲
2024 · €71k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€121k€129k▲
Fixed assets21/28€37k€26k▼
Tangible fixed assets22/27€37k€26k▼
Furniture and vehicles24€37k€26k▼
Current assets29/58€84k€103k▲
Stocks and contracts in progress3€45k€72k▲
Stocks30/36€45k€72k▲
Amounts receivable within one year40/41€15k€10k▼
Other amounts receivable41€15k€10k▼
Cash at bank and in hand54/58€24k€21k▼
Equity and liabilities
Total equity and liabilities10/49€121k€129k▲
Equity10/15€93k€100k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€82k€89k▲
Amounts payable17/49€29k€29k▲
Amounts payable after more than one year17€21k€7k▼
Financial debts170/4€21k€7k▼
Amounts payable within one year42/48€7k€22k▲
Trade debts44€2k€375▼
Suppliers440/4€2k€375▼
Taxes, remuneration and social security45€5k€18k▲
Taxes450/3€2k€7k▲
Remuneration and social security454/9€3k€11k▲
Other amounts payable47/48-€3k
Income statement
Code20242025
Turnover70€879k€855k▼
Goods, raw materials, services and sundry goods60/61€780k€735k▼
Remuneration, social security and pensions62€71k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€100k€120k▲
Operating profit (loss)9901€15k€10k▼
Financial charges65/66B€181€567▲
Recurring financial charges65€181€567▲
Profit (loss) for the period before taxes9903€15k€9k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€15k€8k▼
Profit (loss) for the period to be appropriated9905€15k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€89k▲
Profit (loss) brought forward from the previous period14P€67k€82k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €100k ▲8.2%
7 profitable years in a row build equity to €100k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼90.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Highest result since 2019net €28k ▲34%
Operating result €41k, net result €28k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Anderlecht · 2 establishment units since 2019
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.
Edgar Tinelstraat 11070 AnderlechtGround area
375 m²
Building footprint
270 m²
Volume, LiDAR
3,569 m³
2 parcels, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
EXPRESS SHOP
since 20192.289.512.972
Veeweyde Night Shop
since 20202.303.872.833
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0536/00K000 | Brussels | 313 m² | 1 · 209 m² | 17.2 m · 5 fl. |
| 21308H0473/00Y004 | Brussels | 62 m² | 1 · 61 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2 sitesAnderlecht2.303.872.833
Anderlecht2.289.512.972
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SIAL1
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PARIDAENS AF
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ELIZYA
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 4,650 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2018
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:zaheen_zahid88@yahoo.com
Phone:0465409405