Turnover
≈ €650,000 estimated
The accounts state no turnover.
NASIM
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €152,647 (2023)
€130,896▼ 14.2%
Resultlowest -€39,929 (2013)
€20,973▲ 28.3%
Equitypeak €43,080 (2024)
€43,080▲ 94.9%
Debts
€333,831▼ 21.5%
Staffpeak 2.7 FTE (2023)
-not published
Board1 name since 2021
1 directorNowrusi Mohammadullah
Documentsfilings and deeds
31-07-2025on the last day
2024micro format
Gross margin from €152,647 to €130,896Result from €16,345 to €20,973Amendment of the articles · Legal-form change · Resignations… 30-07Equity from €22,107 to €43,080Debts from €425,506 to €333,831Investments €59,199
Key points
from the 2024 annual accountsChecked score
56
Fair
Financially stronger than 59% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 1.0%▲ +0.1 percentage points vs 01-2025
03-2025: 0.9%▼ -0.1 percentage points vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%▼ -0.7 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026
10-2026: 1.2%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 1.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 03-08-2025)
1 financial year not filed after the legal deadline; 2 of the last 3 accounts late
lowers risk
Founded in 2009
Liquidity: current ratio 0.89, cash €171,919
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 28% of them on solvency, 75% on liquidity, 42% on profitability and 92% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as NASIM has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NASIM itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for NASIM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.89 (0.81 in 2023), below 1. Short-term debt is 60.6% and cash 45.6% of total assets. 88.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €43,080
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 98 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline06-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
54 days late
2022
68 days late
2021
30 days late
2020
31 days late
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0809931291
Amendment of the articles · Legal-form change · Resignations & appointments
“Kleinhandel in voeding in de meest brede zin; Groothandel in motorvoertuigen; Handelsbemiddeling en…” (deed in Dutch) · General meeting of 24-07-2024 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
First establishment
Melkmarkt 8, Antwerp
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| NASIM Antwerp | €376,911 | €130,896 | 11.4% | - |
| GLAM1 Wavre | €402,327 | €141,236 | 40.3% | - |
| FYTO-FIT Waregem | €366,662 | €142,001 | 55.8% | - |
| ALAVI Koksijde | €396,458 | €131,747 | -0.6% | 2.2 |
| WED Westerlo | €480,619 | €113,592 | 45.3% | - |
| MOLOTR & C° Essen | €318,823 | €74,551 | 19.8% | - |
| DARE Knokke-Heist | €343,104 | €126,335 | 38.2% | - |
These companies have the same main activity as NASIM: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €319,000 and €481,000, founded between 2004 and 2010.
Official details
Source: KBO- Status
- Active since 19-02-2009Normal situation
- Activity
- Other retail sale of foodNACE 47279and 1 other
- Establishment unit
- 2.177.396.5132000 Antwerp, since 03-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 14-05-2025
Annual accounts 2024
- Total assets
- €376,911▼ 15.8%
- Employeeson 31-12-2024
- 2=
- Filing
- Filed on 31-07-2025
Insights on NASIM
NASIM files the micro format. That format states no turnover. The gross margin rose from €29,038 in 2010 to €130,896 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NASIM
- What is the company number of NASIM?
- The company number of NASIM is 0809.931.291. The VAT number is the same number with BE in front: BE 0809.931.291.
- Where is NASIM based?
- The registered office is at Melkmarkt 8, 2000 Antwerp.Company details
- What does NASIM do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of NASIM?
- NASIM is a private limited company (BV).
- When was NASIM founded?
- NASIM was founded on 19-02-2009.
- Is NASIM still active?
- Yes, NASIM is an active enterprise in the KBO register.
- How many employees does NASIM have?
- NASIM had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of NASIM?
- The turnover in financial year 2024 is ≈ €650,000. This figure is estimated from the gross margin of €130,896 and 44 comparable companies (NACE 472). It probably lies between €420,000 and €1.1m.
- Is NASIM profitable?
- In financial year 2024, NASIM made a profit of €20,973.
- Where can I find the annual accounts of NASIM?
- NASIM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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