SEDIQI
ActiveSummary
The computed 12-month bankruptcy probability of SEDIQI is 4.9% (elevated). The 2024 annual accounts show negative equity (€-4k) and a net result of €1k. 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.
Credit check for your own amount and term
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 dateAge against the risk zone
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 2024Solvency, 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 comparisonPosition 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 filingsDeviation 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 →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€81k
EBIT margin
0.7%
Net result
€1k
2023 · €-13k
2021: €5khighest in 4 years
2022: €-1k▼ -127% vs 2021
2023: €-13k▼ -884% vs 2022lowest in 4 years
2024: €1k▲ +108% vs 2023
2021 → 2024
Working capital
€-12k▲ 16.2%
2023 · €-15k
2021: €5khighest in 4 years
2022: €3k▼ -41.7% vs 2021
2023: €-15k▼ -645% vs 2022lowest in 4 years
2024: €-12k▲ +16.2% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€81k
Equity€15k-€14k▼ 8.6%€-5k€-4k▲ 20.9%
2021: €15khighest in 4 years
2022: €14k▼ -8.6% vs 2021
2023: €-5k▼ -137% vs 2022lowest in 4 years
2024: €-4k▲ +20.9% vs 2023
Operating result€6k-€-713€-12k▼ 1,573%€577
2021: €6khighest in 4 years
2022: €-713▼ -113% vs 2021
2023: €-12k▼ -1573% vs 2022lowest in 4 years
2024: €577▲ +105% vs 2023
Net result€5k-€-1k€-13k▼ 884%€1k
2021: €5khighest in 4 years
2022: €-1k▼ -127% vs 2021
2023: €-13k▼ -884% vs 2022lowest in 4 years
2024: €1k▲ +108% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €577 after a loss of €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17k
Fixed assets
€8k ▼ 13.7%
Current assets
€9k ▼ 46.6%
Key figures and ratios
EBITDA
€2k▲
2023 · €-11k
Cash flow
€2k▲
2023 · €-11k
Solvency
-23.2%▼
2023 · -19.1%
Current ratio
0.42▼
2023 · 0.54
Quick ratio
0.19▼
2023 · 0.41
Debt to equity
-5.31▲
2023 · -6.22
ROA
6.1%▲
2023 · -47.4%
Interest coverage
1.32▲
2023 · -27.14
Debt
€21k▼
2023 · €32k
Debt ≤ 1 year
€21k▼
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€27k€17k▼
Fixed assets21/28€10k€8k▼
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€639€320▼
Plant, machinery and equipment23€639€320▼
Financial fixed assets28€2k€2k=
Current assets29/58€17k€9k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€3k€3k=
Other amounts receivable41€8k€1k▼
Cash at bank and in hand54/58€2k€56▼
Equity and liabilities
Total equity and liabilities10/49€27k€17k▼
Equity10/15€-5k€-4k▲
Contributions10/11€4k€4k=
Capital10€4k€4k=
Issued capital100€4k€4k=
Profit (loss) carried forward14€-9k€-8k▲
Amounts payable17/49€32k€21k▼
Amounts payable within one year42/48€32k€21k▼
Financial debts43€32€13▼
Credit institutions430/8€32€13▼
Trade debts44€18k€10k▼
Suppliers440/4€18k€10k▼
Taxes, remuneration and social security45€14k€6k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48-€5k
Income statement
Code20232024
Turnover70-€81k
Non-recurring operating income76A-€11k
Goods, raw materials, services and sundry goods60/61-€88k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€827€2k▲
Gross operating margin9900€-10k€4k▲
Operating profit (loss)9901€-12k€577▲
Financial income75/76B€339€2k▲
Recurring financial income75€339€2k▲
Financial charges65/66B€391€1k▲
Recurring financial charges65€391€1k▲
Profit (loss) for the period before taxes9903€-12k€1k▲
Income taxes67/77€650-
Profit (loss) for the period9904€-13k€1k▲
Profit (loss) for the period to be appropriated9905€-13k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-8k▲
Profit (loss) brought forward from the previous period14P€4k€-9k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €81k | - |
| Non-recurring operating income76A | - | - | - | €11k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €88k | - |
| Remuneration, social security and pensions62 | €13k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | = |
| Other operating charges640/8 | - | €167 | €827 | €2k | ▲ 179% |
| Gross operating margin9900 | €20k | €774 | €-10k | €4k | ▲ 143% |
| Operating profit (loss)9901 | €6k | €-713 | €-12k | €577 | ▲ 105% |
| Financial income75/76B | - | - | €339 | €2k | ▲ 467% |
| Recurring financial income75 | - | - | €339 | €2k | ▲ 467% |
| Financial charges65/66B | €817 | €570 | €391 | €1k | ▲ 267% |
| Recurring financial charges65 | €817 | €570 | €391 | €1k | ▲ 267% |
| Profit (loss) for the period before taxes9903 | €5k | €-1k | €-12k | €1k | ▲ 109% |
| Income taxes67/77 | - | - | €650 | - | - |
| Profit (loss) for the period9904 | €5k | €-1k | €-13k | €1k | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-1k | €-13k | €1k | ▲ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €32k | €44k | €27k | €17k | ▼ 34.7% |
| Fixed assets21/28 | €10k | €11k | €10k | €8k | ▼ 13.7% |
| Intangible fixed assets21 | €9k | €8k | €7k | €6k | ▼ 14.3% |
| Tangible fixed assets22/27 | €1k | €959 | €639 | €320 | ▼ 50.0% |
| Plant, machinery and equipment23 | €1k | €959 | €639 | €320 | ▼ 50.0% |
| Financial fixed assets28 | - | €2k | €2k | €2k | = |
| Current assets29/58 | €21k | €33k | €17k | €9k | ▼ 46.6% |
| Stocks and contracts in progress3 | €11k | €11k | €4k | €5k | ▲ 27.8% |
| Stocks30/36 | €11k | €11k | €4k | €5k | ▲ 27.8% |
| Amounts receivable within one year40/41 | €8k | €21k | €11k | €4k | ▼ 64.3% |
| Trade receivables40 | €3k | €3k | €3k | €3k | = |
| Other amounts receivable41 | €6k | €18k | €8k | €1k | ▼ 83.7% |
| Cash at bank and in hand54/58 | €2k | €1k | €2k | €56 | ▼ 97.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €32k | €44k | €27k | €17k | ▼ 34.7% |
| Equity10/15 | €15k | €14k | €-5k | €-4k | ▲ 20.9% |
| Contributions10/11 | €10k | €10k | €4k | €4k | = |
| Capital10 | €10k | €10k | €4k | €4k | = |
| Issued capital100 | €10k | €10k | €4k | €4k | = |
| Profit (loss) carried forward14 | €5k | €4k | €-9k | €-8k | ▲ 11.7% |
| Amounts payable17/49 | €17k | €30k | €32k | €21k | ▼ 32.5% |
| Amounts payable within one year42/48 | €17k | €30k | €32k | €21k | ▼ 32.5% |
| Financial debts43 | - | - | €32 | €13 | ▼ 57.6% |
| Credit institutions430/8 | - | - | €32 | €13 | ▼ 57.6% |
| Trade debts44 | - | €16k | €18k | €10k | ▼ 42.1% |
| Suppliers440/4 | - | €16k | €18k | €10k | ▼ 42.1% |
| Taxes, remuneration and social security45 | €17k | €14k | €14k | €6k | ▼ 54.5% |
| Taxes450/3 | €7k | €9k | €9k | €6k | ▼ 31.0% |
| Remuneration and social security454/9 | €10k | €5k | €5k | - | - |
| Other amounts payable47/48 | - | - | - | €5k | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-1k | €-13k | €1k | ▲ 108% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €6k | €37 | €-11k | €2k | ▲ 121% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | - |
| Change in cash | - | €-360 | €742 | €-2k | ▼ 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.
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 €1k
Net result €1k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, 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
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
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 siteBrussel2.304.394.455
Similar companies · same sector, comparable size
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DEKKERA
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BRASSERIE CAULIER EXPERIENCE
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Of 1,508 companies in sector 47252 we hold annual accounts for 652. 296 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
Scores and ratios are computed by Checked and are not a credit decision.