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SEDIQI

Active
Private limited companyfounded 20206 yrs activeMargaretasquare 29, 1000 Brussel, BelgiumKBO/BCE: BE 0747.662.934
Summary

The computed 12-month bankruptcy probability of SEDIQI is 4.9% (elevated). The 2024 annual accounts show negative equity (-€4,035) and a net result of €1,064. Equity is shrinking by ~80.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability35▲+35
Solvency2▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.54 in 2023; short-term debt: 123.2% and cash: 0.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
-23.2%
Return on assets
6.1%
Age of the figures
21 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 26043 sector peers (2024).
NBB · sector comparison
Position among 26043 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
501 d late
2022
150 d late
2021
73 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 204 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 May 2020, SEDIQI was incorporated as a Private limited company.1 Total assets went from EUR 31,657 in 2021 to EUR 17,388 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€81,496
EBIT margin
0.7%
Net result
€1,064
2023 · -€12,628
Working capital
-€12,324▲ 16.2%
2023 · -€14,708
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Turnover€81,496
Operating result€5,629--€713-€11,925▼ 1,573%€577
Net result€4,812within the sector's middle half--€1,283within the sector's middle half-€12,628below the sector's middle half▼ 884%€1,064within the sector's middle half
EBIT margin0.7%
Equity€14,912within the sector's middle half-€13,629within the sector's middle half▼ 8.6%-€5,098below the sector's middle half-€4,035below the sector's middle half▲ 20.9%
Total assets€31,657below the sector's middle half-€44,061below the sector's middle half▲ 39.2%€26,634below the sector's middle half▼ 39.6%€17,388below the sector's middle half▼ 34.7%
Debt€16,745-€30,432▲ 81.7%€31,732▲ 4.3%€21,423▼ 32.5%
Working capital€4,634within the sector's middle half-€2,700within the sector's middle half▼ 41.7%-€14,708below the sector's middle half-€12,324below the sector's middle half▲ 16.2%
Solvency47.1%within the sector's middle half-30.9%within the sector's middle half▼ 16.2pp-19.1%below the sector's middle half▼ 50.1pp-23.2%below the sector's middle half▼ 4.1pp
Current ratio1.28within the sector's middle half-1.09within the sector's middle half▼ 0.190.54below the sector's middle half▼ 0.550.42below the sector's middle half▼ 0.11
Return on assets (ROA)15.2%above the sector's middle half--2.9%within the sector's middle half▼ 18.1pp-47.4%below the sector's middle half▼ 44.5pp6.1%within the sector's middle half▲ 53.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2021: €5,629€5,629Net result 2021: €4,812€4,812Operating result 2022: -€713-€713Net result 2022: -€1,283-€1,283Operating result 2023: -€11,925-€11,925Net result 2023: -€12,628-€12,628Operating result 2024: €577€577Net result 2024: €1,064€1,0642021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€713-€713Net result 2022: -€1,283-€1,280Operating result 2023: -€11,925-€11,900Net result 2023: -€12,628-€12,600Operating result 2024: €577€577Net result 2024: €1,064€1,060202220232024
The operating result returns to profit in 2024: €577 after a loss of €11,925 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,388
Fixed assets €8,290 ▼ 13.7%
Current assets €9,098 ▼ 46.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,897▲
2023 · -€10,606
Cash flow
€2,383▲
2023 · -€11,308
Quick ratio
0.19▼
2023 · 0.41
Debt to equity
-5.31▲
2023 · -6.22
Interest coverage
1.32▲
2023 · -27.14
Debt ≤ 1 year
€21,423▼
2023 · €31,732
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
89% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.9% 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 497,340 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% 1.0%
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% 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 2,180 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 · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€26,634€17,388▼
Fixed assets21/28€9,609€8,290▼
Intangible fixed assets21€7,000€6,000▼
Tangible fixed assets22/27€639€320▼
Plant, machinery and equipment23€639€320▼
Financial fixed assets28€1,970€1,970=
Current assets29/58€17,025€9,098▼
Stocks and contracts in progress3€4,000€5,110▲
Stocks30/36€4,000€5,110▲
Amounts receivable within one year40/41€11,003€3,932▼
Trade receivables40€2,551€2,550=
Other amounts receivable41€8,453€1,382▼
Cash at bank and in hand54/58€2,021€56▼
Equity and liabilities
Total equity and liabilities10/49€26,634€17,388▼
Equity10/15-€5,098-€4,035▲
Contributions10/11€4,000€4,000=
Capital10€4,000€4,000=
Issued capital100€4,000€4,000=
Profit (loss) carried forward14-€9,098-€8,035▲
Amounts payable17/49€31,732€21,423▼
Amounts payable within one year42/48€31,732€21,423▼
Financial debts43€32€13▼
Credit institutions430/8€32€13▼
Trade debts44€18,069€10,454▼
Suppliers440/4€18,069€10,454▼
Taxes, remuneration and social security45€13,632€6,201▼
Taxes450/3€8,987€6,201▼
Remuneration and social security454/9€4,644-
Other amounts payable47/48-€4,754
Income statement Code20232024
Turnover70-€81,496
Non-recurring operating income76A-€11,008
Goods, raw materials, services and sundry goods60/61-€88,302
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,320€1,320=
Other operating charges640/8€827€2,305▲
Gross operating margin9900-€9,778€4,202▲
Operating profit (loss)9901-€11,925€577▲
Financial income75/76B€339€1,921▲
Recurring financial income75€339€1,921▲
Financial charges65/66B€391€1,435▲
Recurring financial charges65€391€1,435▲
Profit (loss) for the period before taxes9903-€11,978€1,064▲
Income taxes67/77€650-
Profit (loss) for the period9904-€12,628€1,064▲
Profit (loss) for the period to be appropriated9905-€12,628€1,064▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,098-€8,035▲
Profit (loss) brought forward from the previous period14P€3,529-€9,098▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Turnover70---€81,496-
Non-recurring operating income76A---€11,008-
Goods, raw materials, services and sundry goods60/61---€88,302-
Remuneration, social security and pensions62€13,306----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,320€1,320€1,320€1,320=
Other operating charges640/8-€167€827€2,305▲ 179%
Gross operating margin9900€20,254€774-€9,778€4,202▲ 143%
Operating profit (loss)9901€5,629-€713-€11,925€577▲ 105%
Financial income75/76B--€339€1,921▲ 467%
Recurring financial income75--€339€1,921▲ 467%
Financial charges65/66B€817€570€391€1,435▲ 267%
Recurring financial charges65€817€570€391€1,435▲ 267%
Profit (loss) for the period before taxes9903€4,812-€1,283-€11,978€1,064▲ 109%
Income taxes67/77--€650--
Profit (loss) for the period9904€4,812-€1,283-€12,628€1,064▲ 108%
Profit (loss) for the period to be appropriated9905€4,812-€1,283-€12,628€1,064▲ 108%
Line2021202220232024Change
Assets
Total assets20/58€31,657€44,061€26,634€17,388▼ 34.7%
Fixed assets21/28€10,278€10,929€9,609€8,290▼ 13.7%
Intangible fixed assets21€9,000€8,000€7,000€6,000▼ 14.3%
Tangible fixed assets22/27€1,278€959€639€320▼ 50.0%
Plant, machinery and equipment23€1,278€959€639€320▼ 50.0%
Financial fixed assets28-€1,970€1,970€1,970=
Current assets29/58€21,379€33,132€17,025€9,098▼ 46.6%
Stocks and contracts in progress3€11,250€11,250€4,000€5,110▲ 27.8%
Stocks30/36€11,250€11,250€4,000€5,110▲ 27.8%
Amounts receivable within one year40/41€8,489€20,603€11,003€3,932▼ 64.3%
Trade receivables40€2,550€2,550€2,551€2,550=
Other amounts receivable41€5,939€18,053€8,453€1,382▼ 83.7%
Cash at bank and in hand54/58€1,639€1,279€2,021€56▼ 97.2%
Equity and liabilities
Total equity and liabilities10/49€31,657€44,061€26,634€17,388▼ 34.7%
Equity10/15€14,912€13,629-€5,098-€4,035▲ 20.9%
Contributions10/11€10,100€10,100€4,000€4,000=
Capital10€10,100€10,100€4,000€4,000=
Issued capital100€10,100€10,100€4,000€4,000=
Profit (loss) carried forward14€4,812€3,529-€9,098-€8,035▲ 11.7%
Amounts payable17/49€16,745€30,432€31,732€21,423▼ 32.5%
Amounts payable within one year42/48€16,745€30,432€31,732€21,423▼ 32.5%
Financial debts43--€32€13▼ 57.6%
Credit institutions430/8--€32€13▼ 57.6%
Trade debts44-€16,213€18,069€10,454▼ 42.1%
Suppliers440/4-€16,213€18,069€10,454▼ 42.1%
Taxes, remuneration and social security45€16,745€14,219€13,632€6,201▼ 54.5%
Taxes450/3€7,198€8,937€8,987€6,201▼ 31.0%
Remuneration and social security454/9€9,547€5,282€4,644--
Other amounts payable47/48---€4,754-
Line2021202220232024Change
Profit (loss) for the period9904€4,812-€1,283-€12,628€1,064▲ 108%
+ Depreciation and write-downs630€1,320€1,320€1,320€1,320=
Operating cash flow (approximation)€6,132€37-€11,308€2,383▲ 121%
Investment in fixed assets (approximation)--€1,970€0€0-
Change in cash--€360€742-€1,965▼ 365%

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

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Timeline · acts, filings and financial milestones

2025
14-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 501 days late
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial Back to profitnet €1,064
Net result €1,064 after 2 loss-making years.
2023
31-12
Financial Weakest financial yearnet -€12,628
Net result drops to -€12,628, the lowest in the series; recovery starts the following year.
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
12-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
114 m²
Building footprint
108 m²
Volume, LiDAR
1,359 m³
Parcel 21806F0297/00R004, Brussels · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SEDIQI
Margaretasquare 29, 1000 BrusselRetail trade
since 20202.304.394.455
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21806F0297/00R004 Brussels 114 m² 1 · 108 m² 16.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.304.394.455
1 permission
Toelating · Detailhandel · since 15-07-2020

Similar companies · same sector, comparable size

Of 1,506 companies in sector 47252 we hold annual accounts for 650. 294 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
E-invoicing
Reachable via Peppol
Peppol ID 0208:0747662934
Also 9925:BE0747662934
Registered 20-01-2026

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

Register as of 30 September 2026 · Peppol Directory

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