Financials
- Financial year
- 2023
- Total assets
- €142,072
- Profit
- €35,048
- Solvency
- 85.7%
Total assets▲ 43.4%
Net result
20182023
OUALID BROTHERS
ActiveSummary
The computed 12-month bankruptcy probability of OUALID BROTHERS is 3.1% (moderate). For OUALID BROTHERS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €121,802 and a net result of €35,048. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 94% of 17,672 sector peers (NACE 56, financial year 2023). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€142,072total assets 2023
- Staff
- 4.1 FTE
- Equity
- €121,802
- Profit
- €35,048
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 3.1%
2023 figures too old to score
Structure
Accounts 438 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2023 (filed 29-10-2024)2 financial years not filed after the legal deadline; latest accounts 90 days late; 3 of the last 3 lateSize: total assets €142,072Two or more financial years not filedlowers riskLiquidity: current ratio 6.63, cash €120,917neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
100=
equity 85.7% of total assets
Liquidity
97-1
short-term debt 14.3% · cash 85.1%
Profitability
100+25
return on assets 24.7%
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.4%▼ -0.1 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 05-2025lowest value
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.2 percentage points vs 08-2025
10-2025: 1.2%▲ +0.4 percentage points vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.9%▲ +0.7 percentage points vs 11-2025
01-2026: 2.7%▲ +0.8 percentage points vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.9%▲ +0.2 percentage points vs 02-2026
04-2026: 2.6%▼ -0.3 percentage points vs 03-2026
05-2026: 2.4%▼ -0.2 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 3.5%▲ +1.1 percentage points vs 07-2026highest value
09-2026: 3.1%▼ -0.4 percentage points vs 08-2026
10-2026: 3.1%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · 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 · 9 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-10-2024, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
90 days late
2022
42 days late
2021
37 days late
2020
30 days early
2019
41 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 36 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Highest result from 2018 to 2023net €35,048 ▲589%
- Equity above €100,000equity €121,802 ▲40.4%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 11-09-2023Annual accounts filed
- 06-09-2022Annual accounts filed
- 01-07-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 12-12-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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