SADIQ SERVICES
ActiveFor SADIQ SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €19k and a net result of €58k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 24639 sector peers (fiscal year 2023). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
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
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency67▲+67
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 2023Solvency, return and age of the figures
Solvency
41.7%
Return on assets
128.8%
Age of the figures
33 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 · 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
116 d late
2022
316 d late
2021
2 d early
2020
150 d late
2019
273 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€19k
2022 · €-39k
2018: €-6k
2019: €-12k
2020: €4k
2021: €-8k
2022: €-39k
2018 → 2023
Total assets
€45k▲ 151%
2022 · €18k
2018: €18k
2019: €17k
2020: €44k
2021: €20k
2022: €18k
2018 → 2023
Net result
€58k
2022 · €-31k
2018: €-1k
2019: €-6k
2020: €16k
2021: €-13k
2022: €-31k
2018 → 2023
Working capital
€18k
2022 · €-52k
2018: €-9k
2019: €-18k
2020: €-16k
2021: €-25k
2022: €-52k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-12k-€4k€-8k€-39k▼ 372%€19k
Operating result€-2k-€18k€-11k€-29k▼ 164%€59k
Net result€-6k-€16k€-13k€-31k▼ 141%€58k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €59k after a loss of €29k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €45k
Fixed assets
€600▼ 95.4%
Current assets
€44k▲ 839%
Equity and liabilities €45k
Equity
€19k
Debt
€26k
Debt finances 58.3% of the balance-sheet total.
Key figures and ratios
Solvency
41.7%▲
2022 · -218.8%
Current ratio
1.69▲
2022 · 0.08
Quick ratio
1.59▲
2022 · 0.07
Debt / equity
1.40▲
2022 · -1.46
ROE
308.5%
ROA
128.8%▲
2022 · -172.5%
Debt
€26k▼
2022 · €57k
Debt ≤ 1 year
€26k▼
2022 · €57k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€18k€45k▲
Fixed assets21/28€13k€600▼
Tangible fixed assets22/27€11k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€9k-
Other tangible fixed assets26€670-
Financial fixed assets28€2k€600▼
Current assets29/58€5k€44k▲
Stocks and contracts in progress3€532€3k▲
Stocks30/36€532€3k▲
Amounts receivable within one year40/41€1k€41k▲
Trade receivables40-€41k
Other amounts receivable41€1k€681▼
Cash at bank and in hand54/58€3k€111▼
Equity and liabilities
Total equity and liabilities10/49€18k€45k▲
Equity10/15€-39k€19k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-59k€-2k▲
Amounts payable17/49€57k€26k▼
Amounts payable within one year42/48€57k€26k▼
Financial debts43€5k€9k▲
Credit institutions430/8€5k€9k▲
Trade debts44-€15
Suppliers440/4-€15
Other amounts payable47/48€52k€17k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€-23k€73k▲
Operating profit (loss)9901€-29k€59k▲
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-31k€58k▲
Profit (loss) for the period9904€-31k€58k▲
Profit (loss) for the period to be appropriated9905€-31k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-2k▲
Profit (loss) brought forward from the previous period14P€-29k€-59k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 116 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 316 days late
2023
31-12
Financial
Back to profitnet €58k
Net result €58k after 2 loss-making years.
31-12
Financial
Liquidity times 20current ratio 1.69
Current ratio from 0.08 to 1.69; short-term debt falls from €57k to €26k.
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 273 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB 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.
04-01-2024
KARIM CHAUDHRY JAVED: Resigned as Director
04-01-2024
MOHSIN Tayyaba: Resigned as Director
04-01-2024
SADIQ Mohsin: Resigned as Director
22-11-2023
MOHSIN TAYYAВА: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2005
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.
Valaardreef 732610 AntwerpenGround area
167 m²
Building footprint
167 m²
Volume, LiDAR
859 m³
Parcel 11462A0054/00S003, Flanders · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Minisupermarkt
since 20052.148.342.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11462A0054/00S003 | Flanders | 167 m² | 1 · 167 m² | 12.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.148.342.142
Similar companies · same sector, comparable size
SAI
BE 0810.163.794
Antwerpen · Eq €19k
Nassau 31
BE 0633.890.545
Gent · Eq €19k
S&B Group
BE 0848.452.565
Hasselt · Eq €19k
RADHAKRISHAN
BE 0743.926.949
Soignies · Eq €19k
NORD SUD ALIMENTATION
BE 0800.031.848
Zaventem · Eq €19k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,094 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2003
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52116
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.