SHEIKH & SONS
The computed 12-month bankruptcy probability of SHEIKH & SONS is 2.8% (moderate). The 2024 annual accounts show equity of €30k and a net result of €7k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 6692 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €30k |
| Net result | €7k |
| Staff (FTE) | 0.8 |
| Better than sector | 74% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 48.6% | 20.4% | |
| Net result | €7k | €4k | |
| Equity | €30k | €16k | |
| Gross operating margin | €25k | €24k | |
| Staff costs | €5k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €432k |
| EBITDA | €16k |
| Net profit | €7k |
| Cash flow | €11k |
| Staff costs | €5k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €62k |
| Equity | €30k |
| Debt | €32k |
| of which ≤ 1y | €32k |
| of which > 1y | - |
| Working capital | €18k |
| Employees (FTE) | 0.8 |
| 2024 | |
|---|---|
| Current ratio | 1.58 |
| Quick ratio | 0.24 |
| Working capital ratio | 29.7% |
| Solvency | 48.6% |
| Debt / equity | 1.06 |
| Long-term debt ratio | - |
| Interest coverage | 243.41 |
| Gross margin | 5.4% |
| Net margin | 1.7% |
| ROA | 11.6% |
| ROE | 23.9% |
| EBITDA margin | 3.6% |
| Days sales outstanding | 2d |
| Days payable outstanding | 17d |
| Inventory turnover | 9.65 |
| Days inventory (DSI) | 38d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €62k |
| Fixed assets | 21/28 | €12k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €50k |
| Stocks & contracts in progress | 3 | €42k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €62k |
| Equity | 10/15 | €30k |
| Contributions / capital | 10/11 | €17k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €32k |
| Amounts payable within one year | 42/48 | €32k |
| Trade debts payable within one year | 44 | €19k |
| Income statement | ||
| Turnover | 70 | €432k |
| Gross operating margin | 9900 | €25k |
| Operating result | 9901 | €12k |
| Financial charges | 65 | €64 |
| Result before taxes | 9903 | €11k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 06-10-2021 |
| Status | Active |
| Postal code | 3020 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0480/00A004 | Flanders | 173 m² | 1 · 172 m² | 27.6 m · 8 fl. |
| 24422D0206/00R000 | Flanders | 154 m² | 1 · 140 m² | 12.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-04-2023 1 director appointed, 1 resigning
- KATIZIE Bakht Murad, Bestuurder
- Sheikh Saad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sheikh Saad",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "confirmation",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-03-31",
"evidence_quote": "Bevestiging van ontslag als bestuurder de heer Sheikh Saad vanaf 31/03/2023.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "KATIZIE Bakht Murad",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "confirmation",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-04-01",
"evidence_quote": "Bevestiging van Benoeming als bestuurder de heer KATIZIE Bakht Murad vanaf 01/04/2023.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": null,
"person": {
"rrn": null,
"name": "KATIZIE Bakht Murad",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Maatschappelijke zetel wordt verplaatst naar: Wijgmaalsesteenweg 295-3020 Hernet",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-04-21",
"filing_date": "2023-04-13",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-03-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0775.396.818",
"name_full": "SHEIKH \u0026 SONS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"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": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SHEIKH & SONS |