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Sherif Bassem

Active
Private limited companyfounded 20251 yr activeMerode-Center 19, 2300 Turnhout, BelgiumKBO/BCE: BE 1018.251.758
Summary

The computed 12-month bankruptcy probability of Sherif Bassem is 3.7% (moderate). The 2025 annual accounts show negative equity (-€18,279) and a net result of -€20,279. Its solvency ranks better than 5% of 3203 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record51
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48; short-term debt: 207% and cash: 2.4% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-107%
Return on assets
-118.7%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 12-07-2026, 19 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
19 d early
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-compliance×2

History

On 6 January 2025, Sherif Bassem was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€18,279
Total assets
€17,079
Net result
-€20,279
Working capital
-€18,309

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €17,079
Fixed assets €30
Current assets €17,049
Equity and liabilities
Equity-€18,279
Debt€35,358
Equity is negative: debt (€35,358) exceeds the balance-sheet total (€17,079).
Key figures and ratios
2025 value
Solvency
-107.0%
Current ratio
0.48
ROA
-118.7%
Debt
€35,358
Debt ≤ 1 year
€35,358
Staff costs
€33,357
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90% still going

For this company itself Checked computes a bankruptcy probability of 3.7% 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 497,341 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 1,322 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€17,079
Fixed assets21/28€30
Financial fixed assets28€30
Current assets29/58€17,049
Amounts receivable within one year40/41€3,835
Other amounts receivable41€3,835
Cash at bank and in hand54/58€416
Deferred charges and accrued income490/1€12,798
Equity and liabilities
Total equity and liabilities10/49€17,079
Equity10/15-€18,279
Contributions10/11€2,000
Profit (loss) carried forward14-€20,279
Amounts payable17/49€35,358
Amounts payable within one year42/48€35,358
Trade debts44€19,658
Suppliers440/4€19,658
Advances received on contracts in progress46€2,791
Taxes, remuneration and social security45€12,909
Taxes450/3€689
Remuneration and social security454/9€12,220
Income statement Code2025
Remuneration, social security and pensions62€33,357
Gross operating margin9900€13,056
Operating profit (loss)9901-€20,301
Financial income75/76B€104
Recurring financial income75€104
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903-€20,279
Profit (loss) for the period9904-€20,279
Profit (loss) for the period to be appropriated9905-€20,279
Appropriation of the result
Profit (loss) to be appropriated9906-€20,279

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€33,357
Gross operating margin9900€13,056
Operating profit (loss)9901-€20,301
Financial income75/76B€104
Recurring financial income75€104
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903-€20,279
Profit (loss) for the period9904-€20,279
Profit (loss) for the period to be appropriated9905-€20,279
Line2025
Assets
Total assets20/58€17,079
Fixed assets21/28€30
Financial fixed assets28€30
Current assets29/58€17,049
Amounts receivable within one year40/41€3,835
Other amounts receivable41€3,835
Cash at bank and in hand54/58€416
Deferred charges and accrued income490/1€12,798
Equity and liabilities
Total equity and liabilities10/49€17,079
Equity10/15-€18,279
Contributions10/11€2,000
Profit (loss) carried forward14-€20,279
Amounts payable17/49€35,358
Amounts payable within one year42/48€35,358
Trade debts44€19,658
Suppliers440/4€19,658
Advances received on contracts in progress46€2,791
Taxes, remuneration and social security45€12,909
Taxes450/3€689
Remuneration and social security454/9€12,220
Line2025
Profit (loss) for the period9904-€20,279
Operating cash flow (approximation)-€20,279

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

2026
12-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
12-09
KBO administration UBO non-compliance
event 01-09-2025
01-08
KBO administration UBO non-compliance
event 22-07-2025
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,079 m²
Building footprint
1,914 m²
Volume, LiDAR
27,818 m³
Parcel 13454P0128/00H002, Flanders · tallest building 23.8 m, ±5 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Top Group B.V.
Merode-Center 19, 2300 TurnhoutSupport activities for crop production
since 20252.376.524.942
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13454P0128/00H002 Flanders 2,079 m² 1 · 1,914 m² 23.8 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,671 companies in this sector we hold annual accounts for 1,370. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded06-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01610Support activities for crop production
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018251758
Also 9925:BE1018251758
Registered 20-09-2025

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

Register as of 1 October 2026 · Peppol Directory

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