SADEGH
ActiveSummary
The computed 12-month bankruptcy probability of SADEGH is 3.3% (moderate). The 2024 annual accounts show equity of €58,469 and a net result of -€390. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 78% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €58,469
- Loss
- -€390
Why 50raises riskFigures for financial year 2024 (filed 13-08-2025)Liquidity: current ratio 3.09, cash €4, halvedSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1992Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 78% on solvency, 53% on liquidity, 39% on profitability and 35% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Liquidity times 14current ratio 5.73
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 95% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,075 | €4,475 | €4,240 | €4,240 | €4,240 | €7,793 | €7,793 | = |
| Other operating charges640/8 | - | - | - | €695 | - | €6,823 | €578 | ▼ 91.5% |
| Gross operating margin9900 | €68,417 | €54,156 | €5,821 | €25,421 | €9,815 | €27,847 | €9,012 | ▼ 67.6% |
| Operating profit (loss)9901 | -€1,359 | €1,498 | -€7,918 | €20,486 | €5,575 | €13,231 | €641 | ▼ 95.2% |
| Financial charges65/66B | - | - | - | €83 | €237 | €106 | €631 | ▲ 497% |
| Recurring financial charges65 | - | - | €1 | €83 | €237 | €106 | €631 | ▲ 497% |
| Profit (loss) for the period before taxes9903 | -€1,359 | €1,498 | -€7,919 | €20,403 | €5,338 | €13,126 | €10 | ▼ 99.9% |
| Income taxes67/77 | - | - | - | €473 | - | - | €400 | - |
| Profit (loss) for the period9904 | -€1,359 | €1,498 | -€7,919 | €19,930 | €5,338 | €13,126 | -€390 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,359 | €1,498 | -€7,919 | €19,930 | €5,338 | €13,126 | -€390 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €52,393 | €61,388 | €65,632 | €70,062 | €59,517 | €94,327 | €87,524 | ▼ 7.2% |
| Fixed assets21/28 | €52,175 | €56,900 | €62,360 | €58,120 | €53,880 | €81,174 | €73,380 | ▼ 9.6% |
| Intangible fixed assets21 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Tangible fixed assets22/27 | €2,175 | €6,900 | €12,360 | €8,120 | €3,880 | €31,174 | €23,380 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | - | €8,120 | €3,880 | €31,174 | €23,380 | ▼ 25.0% |
| Current assets29/58 | €218 | €4,488 | €3,272 | €11,942 | €5,637 | €13,153 | €14,144 | ▲ 7.5% |
| Amounts receivable within one year40/41 | - | €8 | €2,257 | €1,422 | €3,328 | €10,693 | €14,140 | ▲ 32.2% |
| Other amounts receivable41 | - | - | - | €1,422 | €3,328 | €10,693 | €14,140 | ▲ 32.2% |
| Cash at bank and in hand54/58 | €218 | €4,479 | €1,015 | €10,520 | €2,309 | €2,460 | €4 | ▼ 99.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €52,393 | €61,388 | €65,632 | €70,062 | €59,517 | €94,327 | €87,524 | ▼ 7.2% |
| Equity10/15 | €26,886 | €28,384 | €20,465 | €40,394 | €45,733 | €58,858 | €58,469 | ▼ 0.7% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €6,434 | €7,933 | €14 | €19,943 | €25,281 | €38,407 | €38,017 | ▼ 1.0% |
| Amounts payable17/49 | €25,507 | €33,004 | €45,168 | €29,667 | €13,785 | €35,469 | €29,055 | ▼ 18.1% |
| Amounts payable after more than one year17 | - | - | - | - | - | €33,172 | €24,475 | ▼ 26.2% |
| Financial debts170/4 | - | - | - | - | - | €33,172 | €24,475 | ▼ 26.2% |
| Amounts payable within one year42/48 | €25,507 | €33,004 | €45,168 | €29,667 | €13,785 | €2,297 | €4,580 | ▲ 99.4% |
| Financial debts43 | - | - | - | - | - | - | €2,629 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €2,629 | - |
| Trade debts44 | - | €9,843 | €2,864 | - | €1,029 | €1,310 | €446 | ▼ 66.0% |
| Suppliers440/4 | - | - | - | - | €1,029 | €1,310 | €446 | ▼ 66.0% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €987 | €1,506 | ▲ 52.6% |
| Taxes450/3 | - | - | - | - | - | €987 | €1,506 | ▲ 52.6% |
| Other amounts payable47/48 | - | - | - | €29,667 | €12,756 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,359 | €1,498 | -€7,919 | €19,930 | €5,338 | €13,126 | -€390 | - |
| + Depreciation and write-downs630 | €5,075 | €4,475 | €4,240 | €4,240 | €4,240 | €7,793 | €7,793 | = |
| Operating cash flow (approximation) | €3,716 | €5,973 | -€3,679 | €24,170 | €9,578 | €20,919 | €7,404 | ▼ 64.6% |
| Investment in fixed assets (approximation) | - | -€9,200 | -€9,700 | €0 | €0 | -€35,087 | €0 | - |
| Change in cash | - | €4,261 | -€3,464 | €9,505 | -€8,211 | €151 | -€2,457 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 11-08-2025 | 2025-00372407 |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00338435 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00314001 |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20279935 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43500353 |
| 31-12-2019 | micro format | 26-11-2020 | 2020-72100223 |
| 31-12-2018 | micro format | 09-09-2019 | 2019-63700427 |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49400314 |
| 31-12-2016 | micro format | 23-08-2017 | 2017-46700584 |
| 31-12-2015 | full format | 25-08-2016 | 2016-46800307 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 21-11-2023 Converted to unavailable equity · €20,451
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
21-11
Gazette deed
Amendment of the articles · Legal-form changeLegal form clause · Capital conversion · Capital8 facts ▸
- Legal form clause, “forme du Code se rapprochant le plus de forme actuelle, société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “En dérogation à ce qui précède, compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
- Board composition, GHAHARY Abolfazle (director)
- Board composition, SALDARAN Abbas (director)
- Power of attorney (2 times)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21818A0244/00G000 | Brussels | 1.4 ha | 1 · 967 m² | 56.7 m · 18 |
| 21018A0124/00B003 | Brussels | 671 m² | 1 · 349 m² | 51.4 m · 16 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Entreprise de taxi, de bureaux de centralisation d’appels téléphoniques et de transmissions pour taxis; Transport par tous moyens de…” (deed in French)
2 activities (deed in French)
- Entreprise de taxi, de bureaux de centralisation d’appels téléphoniques et de transmissions pour taxis
- Transport par tous moyens de locomotion routiers de personnes et de marchandises ainsi que de « courrier express »
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SADEGH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, simple décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée générale décide si mandat exercé gratuitement, portée aux frais généraux, indépendamment frais représentation, voyages et…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of May at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, le ou les administrateurs en fonction” (deed in French)