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SANGLA

Active
Private limited companyfounded 2024active for 2 yearsde Mérodestraat 30, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 1010.216.396
Summary

The computed 12-month bankruptcy probability of SANGLA is 1.9% (moderate). The 2025 annual accounts show equity of €5,015 and a net result of €5,015. Its solvency ranks better than 45% of 22,554 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
2 sites
Size
€742,158turnover 2025
Equity
€5,015
Profit
€5,015
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
2025 accounts 17 days early
Why 56raises riskFounded in 2024Size: turnover €742,158, total assets €17,994lowers riskLiquidity: current ratio 1.39, cash €6,532Figures for financial year 2025 (filed 14-07-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 47, micro)
Financial strength
Strong
Solvency 53
equity 27.9% of total assets
Liquidity 57
short-term debt 72.1% · cash 36.3%
Profitability 100
return on assets 27.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 07-2025: 3.1% 08-2025: 3.2%▲ +0.1 percentage points vs 07-2025 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 4.6%▲ +1.3 percentage points vs 09-2025 11-2025: 5.2%▲ +0.6 percentage points vs 10-2025 12-2025: 5.7%▲ +0.5 percentage points vs 11-2025 01-2026: 5.9%▲ +0.2 percentage points vs 12-2025 02-2026: 6.1%▲ +0.2 percentage points vs 01-2026 03-2026: 5.9%▼ -0.2 percentage points vs 02-2026 04-2026: 6.0%▲ +0.1 percentage points vs 03-2026 05-2026: 6.3%▲ +0.3 percentage points vs 04-2026 06-2026: 6.4%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 6.4%● unchanged vs 06-2026highest value 08-2026: 1.9%▼ -4.5 percentage points vs 07-2026lowest value 09-2026: 1.9%● unchanged vs 08-2026lowest value 10-2026: 1.9%● unchanged vs 09-2026lowest value
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 47, micro): better than 43% on solvency, 63% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.39, cash €6,532
NBB · annual accounts
raises risk · Size: turnover €742,158, total assets €17,994
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 14-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
17 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Capital & sharesShareholding · Power of attorney…
  3. Appointment: ALVI Akbar (director)Resignation: Hanif Muhammad (director) ·…

Financials · financial year 2025, micro format

Turnover
€742,158
EBIT margin
0.9%
Net result
€5,015
Working capital
€5,015
Balance-sheet composition
Equity and liabilities €17,994
Equity €5,015
Debt €12,979
Debt finances 72.1% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.39
Quick ratio
0.83
Debt to equity
2.59
ROE
100.0%
ROA
27.9%
Debt ≤ 1 year
€12,979
Income taxes
€1,254
Staff costs
€11,991

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€17,994
Current assets29/58€17,994
Stocks and contracts in progress3€7,283
Stocks30/36€7,283
Amounts receivable within one year40/41€4,179
Trade receivables40€3,675
Other amounts receivable41€504
Cash at bank and in hand54/58€6,532
Equity and liabilities
Total equity and liabilities10/49€17,994
Equity10/15€5,015
Profit (loss) carried forward14€5,015
Amounts payable17/49€12,979
Amounts payable within one year42/48€12,979
Trade debts44€5,338
Suppliers440/4€5,338
Taxes, remuneration and social security45€7,636
Taxes450/3€1,493
Remuneration and social security454/9€6,143
Other amounts payable47/48€6
Income statement Code2025
Turnover70€742,158
Goods, raw materials, services and sundry goods60/61€722,501
Remuneration, social security and pensions62€11,991
Other operating charges640/8€1,206
Gross operating margin9900€19,657
Operating profit (loss)9901€6,460
Financial charges65/66B€192
Recurring financial charges65€192
Profit (loss) for the period before taxes9903€6,269
Income taxes67/77€1,254
Profit (loss) for the period9904€5,015
Profit (loss) for the period to be appropriated9905€5,015
Appropriation of the result
Profit (loss) to be appropriated9906€5,015
Line2025
Turnover70€742,158
Goods, raw materials, services and sundry goods60/61€722,501
Remuneration, social security and pensions62€11,991
Other operating charges640/8€1,206
Gross operating margin9900€19,657
Operating profit (loss)9901€6,460
Financial charges65/66B€192
Recurring financial charges65€192
Profit (loss) for the period before taxes9903€6,269
Income taxes67/77€1,254
Profit (loss) for the period9904€5,015
Profit (loss) for the period to be appropriated9905€5,015
Line2025
Assets
Total assets20/58€17,994
Current assets29/58€17,994
Stocks and contracts in progress3€7,283
Stocks30/36€7,283
Amounts receivable within one year40/41€4,179
Trade receivables40€3,675
Other amounts receivable41€504
Cash at bank and in hand54/58€6,532
Equity and liabilities
Total equity and liabilities10/49€17,994
Equity10/15€5,015
Profit (loss) carried forward14€5,015
Amounts payable17/49€12,979
Amounts payable within one year42/48€12,979
Trade debts44€5,338
Suppliers440/4€5,338
Taxes, remuneration and social security45€7,636
Taxes450/3€1,493
Remuneration and social security454/9€6,143
Other amounts payable47/48€6
Line2025
Profit (loss) for the period9904€5,015
Operating cash flow (approximation)€5,015

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 14-07-2026 2026-00290200

Similar companies · same sector, comparable size

Of the 10,325 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,883. 2,605 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
ALVI Akbar
Director · since 04-09-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ALVI Akbar
  • Director, from 04-09-2025 to date
Hanif Muhammad
  • Director (not named in the articles), from 12-06-2024 to 04-09-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 29-09-2025 ↗
At incorporation act of 12-06-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 12-06-2024 Incorporation · €15,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

SANGLA was incorporated on 10 June 2024 as a private limited company by one natural person, with a starting capital of €15,000.12 The registered office was moved to Saint-Gilles in 2025.3 Since 2025, ALVI Akbar has served as director of the company.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-06-2024
  3. 3Belgian Official Gazette, 16-09-2025

Acts, filings and financial milestones

2026
14-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
29-09
Gazette deed Capital & shares
Shareholding · Power of attorney · Director in office5 facts ▸
  • General meeting, 11-09-2025
  • Shareholding, 11-09-2025, 80
  • Shareholding, 11-09-2025, 10 (2 times)
  • Power of attorney
  • Director in office, ALVI Akbar (director)
16-09
Gazette deed Appointment: ALVI Akbar (director)
Resignation: Hanif Muhammad (director) · Registered-office move5 facts ▸
  • General meeting, 04-09-2025
  • Director appointment, ALVI Akbar (director)
  • Director resignation, Hanif Muhammad (director)
  • Registered-office move, Rue de Mérode 30 - 1060 Saint-Gilles
  • Other provision, “toutes les dettes (ONSS, TVA, Impôt directe, cotisations sociale, autre dettes antérieures à la vente du 04-09-2025), responsabilité des dettes” (deed in French)
2024
12-06
Gazette deed Incorporation
Appointment: HANIF Muhammad (director) · Founder · Founding capital9 facts ▸
  • Incorporation, “SANGLA” (deed in French)
  • Founder, HANIF Muhammad
  • Founding capital, €15,000
  • Capital
  • Registered office clause, “1070 Anderlecht,chaussée de Mons 1093, dépôt greffe expédition acte” (deed in French)
  • Other provision, “en cours, site internet-adresse électronique” (deed in French)
  • Board rule, 1, “assemblée” (deed in French)
  • Director appointment, HANIF Muhammad (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, engagements,obligations,activités au nom et pour compte société en formation” (deed in French)
Gazette deedNBB filing
3 of 3 deeds read

Register details

Identification
Legal formPrivate limited company
Founded10-06-2024
Financial year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010216396
Also 9925:BE1010216396
Registered 21-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Sint-Gillisunit no. 2.378.302.715
1 permission
Authorisation · Detailhandel · since 25-09-2025
Sint-Gillisunit no. 2.378.852.546
1 permission
Authorisation · Detailhandel · since 08-10-2025

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 2 establishment units since 2025
registered office establishment All 2 establishment units on the map
Ground area
177 m²
Building footprint
166 m²
Building volume
2,354 m³
2 parcels, Brussels · tallest building 18.3 m. Linked by address, not a title deed.
7 companies at this address See who is registered here
2 establishment units
SANGLA
de Mérodestraat 30, 1060 Sint-Gillis (bij-Brussel)Non-specialised retail sale with food, beverages or tobacco predominating
since 2025unit no. 2.378.302.715
SANGLA ALIMENTATION
de Mérodestraat 24, 1060 Sint-Gillis (bij-Brussel)Non-specialised retail sale with food, beverages or tobacco predominating
since 2025unit no. 2.378.852.546
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21562A0390/00X003 Brussels 121 m² 1 · 111 m² 18.0 m · 5
21562A0390/00F005 Brussels 56 m² 1 · 56 m² 18.3 m · 5
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous produits alimentaires tels que viandes, fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie…” (deed in French)
3 activities (deed in French)
  1. Tous produits alimentaires tels que viandes, fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et articles cadeaux, épices, herbes aromatiques, de vidéothèques, location de produits de divertissements.
  2. Car Wash, station-service (tout carburants tels que mazout, diesel, gaz,…), garage avec atelier de réparation et négociant de véhicules à moteur neuf et d’occasion, établissement de démolition, entretien et dépannage, montages, démontage de pneus et équilibrage des roues ainsi que l’achat, la vente, l’import, l’export en gros et/ou en détail de pièces automobiles neuves ou d’occasion et accessoires automobiles;
  3. D’un salon de coiffure

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
SANGLA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Tant en Belgique qu'à l'étranger, Région Bruxelles-Capitale” (deed in French)

deed of 12-06-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“1, sans limitation de durée à défaut d'indication” (deed in French)

deed of 12-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Tenus de solliciter l'agrément selon mêmes formalités s'ils ne deviennent pas de plein droit actionnaires, sans recours” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 12-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of May at 18:00

deed of 12-06-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale, modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre désigné, désigner liquidateurs,fixer pouvoirs et émoluments” (deed in French)

deed of 12-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Rémunération des administrateurs, portée aux frais généraux indépendamment des frais éventuels de représentation voyages et déplacements” (deed in French)
Other provision: “Gestion journalière ainsi que représentation en ce qui concerne cette gestion, Gestion journalière” (deed in French)
Other provision: “Trois ans, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission à l'assemblée générale” (deed in French)
Other provision: “Administrateur,défaut actionnaire plus d'actions,défaut plus âgé, séances-procès-verbaux” (deed in French)
Other provision: “Délibérations, majorité voix sans quorum sauf loi/statuts” (deed in French)
Other provision: “Organe d’administration, 3 semaines” (deed in French)
Other provision: “Répartition-réserves, assemblée sur proposition organe administration” (deed in French)
Liquidation distribution: “Proportion actions, appels fonds ou distributions préalables si actions non libérées” (deed in French)
Other provision: “Siège sauf autre domicile Belgique vis-à-vis société, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège, litiges société,actionnaires,gérants,commissaires,liquidateurs affaires société et statuts” (deed in French)
Other provision: “Droit commun, non écrites” (deed in French)
1 more provision in the deed, see the deed of 12-06-2024

deed of 12-06-2024