Equity
-€10,148
Debts exceed assets in financial year 2025.
SS BROTHERS
Lifetime
6 annual accounts with figures on one time axispeak €386,281 (2025)
€386,281▲ 3.8%
lowest -€26,212 (2022)
€4,957▲ €6,246
peak €16,523 (2020)
-€10,148▲ €4,949
€61,698▼ 12.1%
peak 1.5 FTE (2020)
-not published
Board3 names since 2019
1 directorSINGH MANJIT
Documentsfilings and deeds
05-05-202687 days before the deadline
2025micro format
Gross margin from €30,821 to €44,469Back to profit: €4,957Equity from -€15,097 to -€10,148
Key points
from the 2025 annual accountsDebts
€61,698 120% of the balance sheet
Financial debts 52%Suppliers 7%Taxes and wages 10%Other 31%
Of this, €29,698 falls due within a year.
Position in the sector
-19.7%
Lower solvency than 83% of companies in retail trade. Sector median 33.1% · 22,909 companies.
Checked score
52
Fair
Financially stronger than 38% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.1%● unchanged vs 12-2024
02-2025: 3.0%▼ -0.1 percentage points vs 01-2025
03-2025: 3.2%▲ +0.2 percentage points vs 02-2025
04-2025: 3.2%● unchanged vs 03-2025
05-2025: 3.3%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 2.8%▼ -0.5 percentage points vs 05-2025
07-2025: 2.7%▼ -0.1 percentage points vs 06-2025
08-2025: 2.7%● unchanged vs 07-2025
09-2025: 2.7%● unchanged vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 2.7%● unchanged vs 11-2025
01-2026: 2.6%▼ -0.1 percentage points vs 12-2025
02-2026: 2.5%▼ -0.1 percentage points vs 01-2026
03-2026: 2.6%▲ +0.1 percentage points vs 02-2026
04-2026: 2.7%▲ +0.1 percentage points vs 03-2026
05-2026: 2.6%▼ -0.1 percentage points vs 04-2026
06-2026: 2.4%▼ -0.2 percentage points vs 05-2026lowest value
07-2026: 2.4%● unchanged vs 06-2026lowest value
08-2026: 2.4%● unchanged vs 07-2026lowest value
09-2026: 2.4%● unchanged vs 08-2026lowest value
10-2026: 2.4%● unchanged vs 09-2026lowest value
11-2026: 2.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2019
Negative equity -€10,148
Sector: Retail trade (NACE 47)
2 establishment units
Calculation
The band follows from the bankruptcy probability. 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). It does better than 14% of them on solvency, 27% on liquidity, 44% on profitability and 67% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as SS BROTHERS has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SS BROTHERS itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for SS BROTHERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is tight, with a current ratio of 1.49 (1.2 in 2024), below the usual 1.5. Short-term debt is 57.6% and cash 7.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 22909 sector peers (2025).
NBB · sector comparisonPosition among 22909 sector peers
Solvency
better than 16%
← weakest
strongest →
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 05-05-2026, 87 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
87 days early
2024
76 days early
2023
86 days early
2022
84 days early
2021
81 days early
2020
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 60 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737527028
Transfer of 5 shares from RAJIV KUMAR to SINGH MANJIT
Resignation: RAJIV KUMAR (director) · Appointment: SINGH MANJIT (manager) · Director discharge: RAJIV KUMAR · General meeting of 27-03-2024 · Gazette deed
Transfer of 5 shares from SINGH Manjit to RAJIV Kumar
Appointment: RAJIV Kumar (director) · SINGH Manjit holds 100 shares · SINGH Manjit holds 95 shares · General meeting of 30-09-2023 · Gazette deed
Resignation: JYOTI Tarun (director)
SINGH Manjit holds 100 shares · General meeting of 29-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SS BROTHERS Sint-Gillis (bij-Brussel) | €386,281 | 1.3% | -19.7% | - |
| MASUM Brussels | €185,107 | -1.2% | -86.8% | - |
| GUJRAT Anderlecht | €448,172 | 2.4% | 30.4% | - |
| MINA Brussels | - | - | -7.3% | - |
| SINGH PUNJAB Schaerbeek | €232,952 | 8.3% | 40.0% | - |
| LA FERME LAROCK Neupré | €225,630 | -2.3% | 44.0% | - |
| SAPAN INTERNATIONAL Dilbeek | €310,518 | 2.3% | 78.4% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SS BROTHERS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €39,900 and €59,400, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 07-11-2019Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment units
- 2.296.730.6631060 Sint-Gillis (bij-Brussel), since 12-11-2019
- 2.296.730.7621060 Sint-Gillis (bij-Brussel), since 12-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- €51,550▼ 6.4%
- ≈ 1.2 FTEestimated
- Filing
- Filed on 05-05-2026, 87 days before the end of the filing period
Insights on SS BROTHERS
Turnover has grown every year since 2022. Solvency rose in 2025 from -27.4% to -19.7% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SS BROTHERS
- What is the company number of SS BROTHERS?
- The company number of SS BROTHERS is 0737.527.028. The VAT number is the same number with BE in front: BE 0737.527.028.
- Where is SS BROTHERS based?
- The registered office is at Overwinningsstraat 131, 1060 Sint-Gillis (bij-Brussel).Company details
- What does SS BROTHERS do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SS BROTHERS?
- SS BROTHERS is a private limited company (BV).
- When was SS BROTHERS founded?
- SS BROTHERS was founded on 07-11-2019.
- Is SS BROTHERS still active?
- Yes, SS BROTHERS is an active enterprise in the KBO register.
- How many employees does SS BROTHERS have?
- SS BROTHERS had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of SS BROTHERS?
- The turnover of SS BROTHERS was €386,281 in financial year 2025, according to the filed annual accounts.
- Is SS BROTHERS profitable?
- In financial year 2025, SS BROTHERS made a profit of €4,957.
- Where can I find the annual accounts of SS BROTHERS?
- SS BROTHERS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SS BROTHERS due?
- SS BROTHERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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