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Complete company report
Generated 23-08-2026
Active BE 0688.941.114Private limited company (pre-2019)Open bankruptcy

SAHI BUSINESS

· 8 yrs active
Conclusion Checked

A bankruptcy procedure is open for SAHI BUSINESS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €5k and a net result of €8k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €5k
Net result €8k
Active 8 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency27Growth85Stability0
42 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 27
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 31-07-2023 with the NBB · fiscal year 2022 · micro
€-20k€0€20k€40kRevenue 2018: €27k€27kOperating result 2018: €-10k€-10kNet result 2018: €-10k€-10kRevenue 2019: €44k€44kOperating result 2019: €-3k€-3kNet result 2019: €-13k€-13kOperating result 2020: €-5k€-5kNet result 2020: €-18k€-18kOperating result 2021: €1k€1kNet result 2021: €63€63Operating result 2022: €9k€9kNet result 2022: €8k€8k20182019202020212022
RevenueOperating resultNet result
Revenue
€44k
+63.5% 18-22
Net profit
€8k
+12561.5% 18-22
Total assets
€29k
+2.7% 18-22
Equity
€5k
- 18-22
Working capital
€5k
- 18-22
Employees (FTE)
2
+90.0% 18-22
Staff costs
€13k
+12.9% 18-22
Debt
€24k
-23.4% 18-22
Show 8 other metrics
Debt ≤ 1y
€24k
-22.2% 18-22
Current ratio
1.19
+32.0% 18-22
Quick ratio
0.45
+12.2% 18-22
Solvency
17.5%
- 18-22
Debt / equity
4.71
- 18-22
ROE
158.6%
- 18-22
ROA
27.8%
+12232.7% 18-22
Net margin
-29.3%
+21.5% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€8k
Cash flow-
Staff costs€13k
Income taxes-
Dividends-
Total assets€29k
Equity€5k
Debt€24k
of which ≤ 1y€24k
of which > 1y-
Working capital€5k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.19
Quick ratio0.45
Working capital ratio16.0%
Solvency17.5%
Debt / equity4.71
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA27.8%
ROE158.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€29k
Fixed assets 21/28€425
Financial fixed assets 28€425
Current assets 29/58€28k
Stocks & contracts in progress 3€18k
Cash & bank 54/58€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€29k
Equity 10/15€5k
Contributions / capital 10/11€15k
Accumulated profits (losses) 14€-10k
Amounts payable 17/49€24k
Amounts payable within one year 42/48€24k
Trade debts payable within one year 44€164
Income statement
Gross operating margin 9900€23k
Operating result 9901€9k
Financial charges 65€1k
Result before taxes 9903€8k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator JORIS J. DE SMET
WINSTON CHURCHILLLAAN 118B, 1180 BRUSSEL 18
 23-09-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation26-01-2018
StatusActive
Postal code-
First BS signal 29-09-2025
Latest BS signal 29-09-2025
Establishment units 1 location
Mecao Mode
Brogniezstraat 99, 1070 AnderlechtDetailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
since 20182.273.450.861
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21306D0325/00F000 Brussels 2,312 m² 1 · 1,725 m² 40.0 m · 1 fl.
21305B0209/00W019 Brussels 74 m² 1 · 76 m² 16.5 m · 5 fl.
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.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
29-09-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · SAHI BUSINESS BV FRANS VAN KALKENLAAN 9, 1070 ANDERLECHT · event 23-09-2025
12-05-2025
KBO administration Address struck
2024
08-10-2024
State Gazette act Registered-office change
17-04-2024
State Gazette act Capital & shares
2023
31-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
13-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
23-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
20-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
17-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
Lifecycle & Insolvency Signals2 events
29-09-2025
Bankruptcy Opening
Date: 23-09-2025 · Ondernemingsrechtbank Brussel · SAHI BUSINESS BV FRANS VAN KALKENLAAN 9, 1070 ANDERLECHT · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 12-05-2025 to 23-09-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-12 · KBO administration · Address struck2025-09-29 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 1
17-04-2024
Capital change
Address history · 1
08-10-2024
Registered-office move
All acts · 2 updated 1 year ago
2024
08-10-2024 Registered office moved to Anderlecht Registered-office change
  • Avenue Frans Van Kalken 09- 1070 Anderlecht
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Avenue Frans Van Kalken 09- 1070 Anderlecht",
        "city": "Anderlecht",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Avenue Frans Van Kalken",
        "country": "BE",
        "postcode": "1070",
        "box_number": null,
        "street_number": "09",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": null,
      "evidence_quote": "Le si\u00E8ge de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 \u00E0 : \u003C Avenue Frans Van Kalken 09- 1070 Anderlecht \u003E.",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": null,
      "old_address_source": "inferred",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": null,
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2024-09-30",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2024-06-19",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0688.941.114",
    "name_full": "SAHI BUSINESS",
    "legal_form": "SRL",
    "_kbo_extracted_mismatch": "0024.144.233"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "BUTT AKHTAR Muhammad",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": []
}
17-04-2024 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BUTT AKHTAR Muhammad Amar",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "ABBAS Safdar",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "ABBAS Agnieszka Anna",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "org",
          "name": "SAHI BUSINESS",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "org",
          "name": "SAHI BUSINESS",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-04-17",
    "filing_date": null,
    "act_kind_objet": "Admission-Cession-Nominatio-Tra sfert si\u00E8ge"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-01-02",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-01-02"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0688.941.114",
    "name_full": "SAHI BUSINESS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Responsabilit\u00E9 Limit\u00E9e",
    "_kbo_filled_from_list": true,
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BUTT A. Muhammad Amar",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "ABBAS Safdar",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "ABBAS Agnieszka Anna",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR SAHI BUSINESS
Registration history
  1. 12-05-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative