Checked.be · Company dossierhttps://checked.be/en/c/sadiq-services-0480271150 · as of 28-10-2026
SADIQ SERVICES
Active
Private limited company · founded 2003 · active for 23 yearsValaardreef 73, 2610 Antwerpen, BelgiumKBO/BCE: BE 0480.271.150
Summary
The computed 12-month bankruptcy probability of SADIQ SERVICES is 9.7% (elevated). For SADIQ SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €18,675 and a net result of €57,618. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 24,004 sector peers (NACE 47, financial year 2023). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€44,751total assets 2023
Equity
€18,675
Profit
€57,618
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
9.7%
2023 figures too old to score
Structure
KARIM CHAUDRY JavedDirector
2024 accounts not filed, 454 days past the deadline3 of 5 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 24-11-2024)2 financial years not filed after the legal deadline; last filed accounts filed 116 days late; 2 of the last 3 lateSize: total assets €44,751Liquidity: current ratio 1.69, cash €111, halvedTwo or more financial years not filed2023 accounts filed 116 days lateShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency67+67
equity 41.7% of total assets
Liquidity20-1
short-term debt 58.3% · cash 0.2%
Profitability100+100
return on assets 128.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
9.7%Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,248 companies, NACE 47, micro)
Last 24 months11-2024: 4.7%12-2024: 1.5%▼ -3.2 percentage points vs 11-202401-2025: 1.5%● unchanged vs 12-202402-2025: 1.5%● unchanged vs 01-202503-2025: 1.5%● unchanged vs 02-202504-2025: 1.5%● unchanged vs 03-202505-2025: 1.5%● unchanged vs 04-202506-2025: 1.4%▼ -0.1 percentage points vs 05-2025lowest value07-2025: 1.7%▲ +0.3 percentage points vs 06-202508-2025: 2.4%▲ +0.7 percentage points vs 07-202509-2025: 2.6%▲ +0.2 percentage points vs 08-202510-2025: 3.3%▲ +0.7 percentage points vs 09-202511-2025: 3.4%▲ +0.1 percentage points vs 10-202512-2025: 4.5%▲ +1.1 percentage points vs 11-202501-2026: 7.7%▲ +3.2 percentage points vs 12-202502-2026: 7.7%● unchanged vs 01-202603-2026: 8.1%▲ +0.4 percentage points vs 02-202604-2026: 7.5%▼ -0.6 percentage points vs 03-202605-2026: 7.5%● unchanged vs 04-202606-2026: 7.5%● unchanged vs 05-202607-2026: 7.5%● unchanged vs 06-202608-2026: 9.7%▲ +2.2 percentage points vs 07-2026highest value09-2026: 9.7%● unchanged vs 08-2026highest value10-2026: 9.7%● unchanged vs 09-2026highest value
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.
31-12-2024 year end31-07-2025 deadline28-10-2026 today
raises risk · 2023 accounts filed 116 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-11-2024, 116 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 171 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Resignation: SADIQ Mohsin (director)Gazette deed
Annual accounts filedfinancial year 2023 · micro…
Annual accounts filedfinancial year 2022 · micro…
Key points
Risk: 2024 accounts not fileddeadline was 31-07-2025454 days past the deadlineView
Positive: Back in profit in 2023after -€30,694 in 2022€57,618View
Positive: Among the best 9% on net resultsector median €4,151 · 23,974 companies€57,618View
Caution: A director leftlatest change 31-12-2025 · 1 in office1 leftView