S.ALAM
ActiveThe computed 12-month bankruptcy probability of S.ALAM is 2.7% (moderate). The annual accounts of S.ALAM for fiscal year 2025 show a net loss of 57% of total assets and of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €202 and a net result of €-14k. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 18039 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-3
Solvency26▼-38
Growth27=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01 against 1.64 in 2024; short-term debt: 99.2% and cash: 8.7% of total assets), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
-56.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-14k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18039 sector peers (2025).
NBB · sector comparisonPosition among 18039 sector peers
Solvency
better than 23%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
6 d late
2023
7 d early
2022
8 d late
2021
26 d late
2020
61 d late
2019
111 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€479k▲ 72.4%
2021 · €278k
2018: €593k
2019: €424k
2020: €248k
2021: €278k
2018 → 2022
EBIT margin
0.0%▼ 1.7pp
2021 · 1.6%
2018: 0.2%
2019: 0.2%
2020: -0.6%
2021: 1.6%
2018 → 2022
Net result
€-14k▼ 138%
2024 · €-6k
2018: €703
2019: €2k
2020: €-2k
2021: €2k
2022: €-962
2023: €-6k
2024: €-6k
2018 → 2025
Working capital
€202▼ 98.6%
2024 · €14k
2018: €11k
2019: €13k
2020: €11k
2021: €9k
2022: €16k
2023: €16k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€278k-€479k▲ 72.4%
Equity€27k-€26k▼ 3.6%€20k▼ 22.5%€14k▼ 30.1%€202▼ 98.6%
Operating result€5k-€-193€-5k▼ 2,719%€-4k▲ 29.1%€-14k▼ 255%
Net result€2k-€-962€-6k▼ 506%€-6k▲ 0.3%€-14k▼ 138%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24k
Equity
€202▼ 98.6%
Debt
€24k▲ 9.4%
The debt ratio rises from 61.1% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
0.8%▼
2024 · 38.9%
Current ratio
1.01▼
2024 · 1.64
Quick ratio
0.13▼
2024 · 0.19
ROA
-56.9%▼
2024 · -16.1%
Debt
€24k▲
2024 · €22k
Debt ≤ 1 year
€24k▲
2024 · €22k
Staff costs
€66k▲
2024 · €29k
Equity ratios withheld: equity of €202 is too small for a meaningful ratio.
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€36k€24k▼
Current assets29/58€36k€24k▼
Stocks and contracts in progress3€32k€21k▼
Stocks30/36€32k€21k▼
Amounts receivable within one year40/41€621€1k▲
Other amounts receivable41€621€1k▲
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€36k€24k▼
Equity10/15€14k€202▼
Contributions10/11€19k€19k=
Reserves13€845€845=
Non-distributable reserves130/1€845€845=
Reserves not available under the articles1311€845€845=
Profit (loss) carried forward14€-5k€-19k▼
Amounts payable17/49€22k€24k▲
Amounts payable within one year42/48€22k€24k▲
Financial debts43€17€17=
Credit institutions430/8€17€17=
Trade debts44€8k€827▼
Suppliers440/4€8k€827▼
Taxes, remuneration and social security45€14k€23k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€7k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€29k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€6k€2k▼
Gross operating margin9900€35k€54k▲
Operating profit (loss)9901€-4k€-14k▼
Financial charges65/66B€2k€183▼
Recurring financial charges65€2k€183▼
Profit (loss) for the period before taxes9903€-6k€-14k▼
Profit (loss) for the period9904€-6k€-14k▼
Profit (loss) for the period to be appropriated9905€-6k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-19k▼
Profit (loss) brought forward from the previous period14P€599€-5k▼
Profit to be distributed694/7€214-
Return on contributions (dividend)694€214-
The notes to these accounts (5 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
20-03
State Gazette act
Capital & sharesGeneral meeting1 fact ▸
State Gazette act
Capital & shares
General meeting1 fact ▸
- General meeting, 02/02/2026
2025
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 209 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-10-2024
AFROJA Lita: Resigned as Director
21-04-2021
BHUIYAN Abdul awal: Resigned as Director
31-12-2018
BHUIYAN Abdul awal: Resigned as Manager
30-09-2016
ALAM Mahabul: Resigned as Managing director
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 2014
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.
Zuidstraat 1021000 BrusselGround area
130 m²
Building footprint
128 m²
Volume, LiDAR
1,849 m³
2 parcels, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Zuidstraat 102, 1000 Brussel
since 20142.237.087.838
s.alam
since 20172.262.925.173
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0106/00N010 | Brussels | 95 m² | 1 · 94 m² | 18.6 m · 5 fl. |
| 21004A0164/00K000 | Brussels | 35 m² | 1 · 34 m² | 19.2 m · 6 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
1 siteBrussel2.237.087.838
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2014
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.