Equity
€2,763
NASU has made a profit without a break since 2022.
NASU
Lifetime
12 annual accounts with figures on one time axispeak €26,178 (2015)
€7,880▼ 65.7%
lowest -€32,389 (2018)
€3,726▲ 158%
peak €13,579 (2017)
€2,763▲ €3,726
€10,253▼ 36.3%
Board1 name since 2024
1 directorAHMED Shehab
Documentsfilings and deeds
17-12-202545 days before the deadline
2025micro format
Turnover from €148,678 to €177,360Gross margin from €22,965 to €7,880Result from €1,443 to €3,726Equity from -€963 to €2,763Debts from €16,097 to €10,253
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 64% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%highest value
01-2025: 0.4%▼ -0.2 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.4%▼ -0.1 percentage points vs 11-2025
01-2026: 0.2%▼ -0.2 percentage points vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Equity €2,763 (21.2% of total assets)
lowers risk
Founded in 2009
Liquidity: current ratio 0.92, cash €3,335
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 37% of them on solvency, 37% on liquidity, 96% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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 NASU 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.
The bankruptcy probability of NASU itself is lower: 0.3% within 12 months. It rests on far more data about NASU than the profile alone.
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 NASU. 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.
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
46 days early
2023
59 days early
2022
34 days early
2021
21 days late
2020
53 days late
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 17 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808954759
Change of role: AHMED Shehab, from manager to director
Director discharge: AHMED Shehab · General meeting of 28-06-2024 · Gazette deed
Incorporation
published on 20-01-2009 · Gazette deed
First establishment
Eedgenotenstraat 37, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NASU Brussels | €177,360 | 2.5% | 21.2% | - |
| ABENA SPRL Brussels | €71,255 | 5.5% | 73.2% | - |
| ACHE & FAHS IMPORT-EXPORT Forest | €112,022 | 4.8% | -104.0% | - |
| JALAAL Molenbeek-Saint-Jean | €215,856 | 1.5% | 66.9% | - |
| S.B.S.B. Anderlecht | - | - | 86.7% | - |
| H-H- FOOD1 Uccle | - | - | -12.9% | - |
| OZ TRADING Brussels | €170,894 | 5.1% | -209.2% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as NASU: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €12,200 and €22,600, founded between 2004 and 2012.
Official details
Source: KBO- Status
- Active since 09-01-2009Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.177.354.1491000 Brussels, since 05-01-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 25-01-2026
Annual accounts to 30-06-2025
- €13,016▼ 14.0%
- Filing
- Filed on 17-12-2025, 45 days before the end of the filing period
Insights on NASU
NASU files the micro format. That format states no turnover. The gross margin rose from €778 in 2014 to €7,880 in 2025.
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 NASU
- What is the company number of NASU?
- The company number of NASU is 0808.954.759. The VAT number is the same number with BE in front: BE 0808.954.759.
- Where is NASU based?
- The registered office is at Eedgenotenstraat 37, 1000 Brussels.Company details
- What does NASU do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of NASU?
- NASU is a private limited company (BV).
- When was NASU founded?
- NASU was founded on 09-01-2009.
- Is NASU still active?
- Yes, NASU is an active enterprise in the KBO register.
- What is the turnover of NASU?
- The turnover of NASU was €177,360 in financial year 2025, according to the filed annual accounts.Financials
- Is NASU profitable?
- In financial year 2025, NASU made a profit of €3,726.
- Where can I find the annual accounts of NASU?
- NASU filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NASU due?
- NASU must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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