SAÏ A.R.
ActiveThe computed 12-month bankruptcy probability of SAÏ A.R. is 16.1% (high). For SAÏ A.R., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-8k) and a net result of €0. Equity is shrinking by ~66.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 18021 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability38▲+38
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
16.1%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
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 2023Age of the figures
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 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 23-03-2025, 235 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
235 d late
2022
21 d early
2021
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€0
Total assets
€1k=
2022 · €1k
2021: €19k
2022: €1k
2021 → 2023
Net result
€0
2022 · €-10k
2021: €-7k
2022: €-10k
2021 → 2023
Working capital
€-8k=
2022 · €-8k
2021: €-15k
2022: €-8k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€0
Equity€3k-€-8k€-8k=
Operating result€-7k-€-10k▼ 34.5%€0
Net result€-7k-€-10k▼ 35.1%€0
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is zero in 2023, compared with €-10k in 2022.
Key figures and ratios
Debt
€9k=
2022 · €9k
Debt ≤ 1 year
€9k=
2022 · €9k
Ratios withheld: a balance sheet total of €1k 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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€1k€1k=
Current assets29/58€1k€1k=
Amounts receivable within one year40/41€1k€1k=
Other amounts receivable41€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€1k€1k=
Equity10/15€-8k€-8k=
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€-10k€-10k=
Amounts payable17/49€9k€9k=
Amounts payable within one year42/48€9k€9k=
Taxes, remuneration and social security45€475€475=
Taxes450/3€475€475=
Other amounts payable47/48€8k€8k=
Income statement
Code20222023
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€1k-
Other operating charges640/8€9k-
Gross operating margin9900€-1k€0▲
Operating profit (loss)9901€-10k€0▲
Financial charges65/66B€92-
Recurring financial charges65€92-
Profit (loss) for the period before taxes9903€-10k€0▲
Profit (loss) for the period9904€-10k€0▲
Profit (loss) for the period to be appropriated9905€-10k€0▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-10k=
Profit (loss) brought forward from the previous period14P-€-10k
Timeline · acts, filings and financial milestones
2025
23-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 235 days late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
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 2025
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.
30-06-2025
MOHAMMAD Mohammad: Resigned as Manager
03-02-2025
ABD ALHAK MOHAMMED: Resigned as Director
16-12-2024
AFDIL AHMAD: Resigned as Director
01-12-2024
ABD ALHAK MOHAMMED: Resigned as Director
05-05-2021
OUSMAILA MODIBBO: Resigned as Director
17-12-2020
SAI Bilal: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
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.
Stalingradlaan 511000 BrusselGround area
9,904 m²
Building footprint
8,888 m²
Volume, LiDAR
142,750 m³
2 parcels, Brussels · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
César de Damas
since 20242.368.299.342
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0187/02A006 | Brussels | 9,765 m² | 1 · 8,769 m² | 22.2 m · 6 fl. |
| 21007A0052/00Z002 | Brussels | 139 m² | 1 · 120 m² | 21.1 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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Recognitions · licences · registrations
Food safety, FASFC
1 siteVorst2.368.299.342
Similar companies · same sector, comparable size
HAAG 4
BE 0741.541.343
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BE 0768.541.292
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Of 21,911 companies in sector 56112 we hold annual accounts for 9,783. 3,499 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.