SUFFA
ActiveSummary
SUFFA has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€52,495) and a net result of €7,706. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 10% of 22,581 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Equity
- -€52,495
- Profit
- €7,706
Why 55raises riskCapped at 59: negative equityNegative equity -€52,495Sector: Retail trade (NACE 47)lowers riskSize: turnover €69,512, total assets €63,134Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 6% on solvency, 8% on liquidity, 53% on profitability and 80% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €7,706
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €7,706 after a loss of €9,899 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 88.8% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €45,741 | €25,786 | €24,305 | €22,822 | €29,576 | €28,988 | €28,446 | €69,512 | ▲ 144% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €30,044 | €49,461 | €27,943 | €27,259 | €44,061 | ▲ 61.6% |
| Remuneration, social security and pensions62 | - | - | - | €11,310 | - | €14,400 | €14,400 | €16,006 | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,347 | €1,743 | €1,800 | €1,800 | €1,652 | €600 | €58 | €1,739 | ▲ 30× |
| Other operating charges640/8 | - | - | - | €116 | €463 | €64 | - | - | - |
| Gross operating margin9900 | -€5,835 | €10,186 | -€8,078 | -€7,222 | -€19,885 | €31,316 | €4,559 | €25,451 | ▲ 458% |
| Operating profit (loss)9901 | -€8,297 | -€1,157 | -€20,280 | -€20,448 | -€22,000 | €16,252 | -€9,899 | €7,706 | - |
| Financial charges65/66B | - | - | - | €91 | €22 | €1 | €47 | - | - |
| Recurring financial charges65 | €10 | - | €401 | €91 | €22 | €1 | €47 | - | - |
| Profit (loss) for the period before taxes9903 | -€8,307 | -€1,157 | -€20,681 | -€20,539 | -€22,022 | €16,251 | -€9,946 | €7,706 | - |
| Profit (loss) for the period9904 | -€8,307 | -€1,157 | -€20,681 | -€20,539 | -€22,022 | €16,251 | -€9,946 | €7,706 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,307 | -€1,157 | -€20,681 | -€20,539 | -€22,022 | €16,251 | -€9,946 | €7,706 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7,993 | €9,457 | €6,358 | €3,489 | €8,935 | €6,104 | €10,492 | €63,134 | ▲ 502% |
| Fixed assets21/28 | €4,652 | €5,909 | €4,109 | €2,310 | €658 | €58 | - | €14,790 | - |
| Tangible fixed assets22/27 | €4,652 | €5,909 | €4,109 | €2,310 | €658 | €58 | - | €14,790 | - |
| Furniture and vehicles24 | - | - | - | €2,310 | €658 | €58 | - | €14,790 | - |
| Current assets29/58 | €3,341 | €3,548 | €2,249 | €1,179 | €8,277 | €6,046 | €10,492 | €48,344 | ▲ 361% |
| Stocks and contracts in progress3 | €2,943 | - | - | - | €5,386 | €5,386 | €6,731 | €24,967 | ▲ 271% |
| Stocks30/36 | - | - | - | - | €5,386 | €5,386 | €6,731 | €24,967 | ▲ 271% |
| Amounts receivable within one year40/41 | - | - | €231 | €231 | €1,437 | €285 | €1,700 | €20,442 | ▲ 12× |
| Trade receivables40 | - | - | - | €231 | €1,437 | €285 | €1,700 | €17,501 | ▲ 929% |
| Other amounts receivable41 | - | - | - | - | - | - | - | €2,941 | - |
| Cash at bank and in hand54/58 | €398 | €3,548 | €2,018 | €948 | €1,454 | €375 | €2,061 | €2,935 | ▲ 42.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7,993 | €9,457 | €6,358 | €3,489 | €8,935 | €6,104 | €10,492 | €63,134 | ▲ 502% |
| Equity10/15 | -€2,107 | -€3,264 | -€23,945 | -€44,484 | -€66,506 | -€50,255 | -€60,201 | -€52,495 | ▲ 12.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | €6,200 | - | - |
| Other1109/19 | - | - | - | - | - | - | €6,200 | - | - |
| Profit (loss) carried forward14 | -€8,307 | -€9,464 | -€30,145 | -€50,684 | -€72,706 | -€56,455 | -€66,401 | -€58,695 | ▲ 11.6% |
| Amounts payable17/49 | €10,100 | €12,721 | €30,303 | €47,973 | €75,441 | €56,359 | €70,693 | €115,629 | ▲ 63.6% |
| Amounts payable within one year42/48 | €10,100 | €12,721 | €30,303 | €47,973 | €75,441 | €56,359 | €70,693 | €115,629 | ▲ 63.6% |
| Trade debts44 | €271 | €2,900 | €5,490 | €15,811 | €34,760 | €19,698 | €19,489 | €63,320 | ▲ 225% |
| Suppliers440/4 | - | - | - | €15,811 | €34,760 | €19,698 | €19,489 | €63,320 | ▲ 225% |
| Taxes, remuneration and social security45 | - | - | - | €12,312 | €22,383 | €1,080 | €16,363 | €31,094 | ▲ 90.0% |
| Taxes450/3 | - | - | - | €1,112 | €783 | €1,080 | €1,141 | €1,066 | ▼ 6.6% |
| Remuneration and social security454/9 | - | - | - | €11,200 | €21,600 | - | €15,222 | €30,028 | ▲ 97.3% |
| Other amounts payable47/48 | - | - | - | €19,850 | €18,298 | €35,581 | €34,841 | €21,215 | ▼ 39.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,307 | -€1,157 | -€20,681 | -€20,539 | -€22,022 | €16,251 | -€9,946 | €7,706 | - |
| + Depreciation and write-downs630 | €1,347 | €1,743 | €1,800 | €1,800 | €1,652 | €600 | €58 | €1,739 | ▲ 30× |
| Operating cash flow (approximation) | -€6,960 | €586 | -€18,881 | -€18,739 | -€20,370 | €16,851 | -€9,888 | €9,445 | - |
| Investment in fixed assets (approximation) | - | -€3,000 | €0 | -€1 | €0 | €0 | - | - | - |
| Change in cash | - | €3,150 | -€1,530 | -€1,070 | €506 | -€1,079 | €1,686 | €874 | ▼ 48.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00329915 |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00294621 |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00377003 |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00350867 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20402841 |
| 31-12-2020 | micro format | 26-08-2021 | 2021-56400314 |
| 31-12-2019 | full format | 17-08-2020 | 2020-42800599 |
| 31-12-2018 | full format | 12-08-2019 | 2019-47000479 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HUSSAIN Syed Ijaz |
|
Owners and capital
Capital and shareholders
- HUSSAIN Syed ljaz 75 shares
- SYED Hassan Ijaz 25 shares
- HUSSAIN Syed ljaz to SYED Hassan Ijaz 25 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-06-2024 Converted to available equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-06
Gazette deed
Resignation: HUSSAIN Syed Ijaz (manager)Appointment: HUSSAIN Syed Ijaz (director) · Amendment of the articles · Capital conversion7 facts ▸
- General meeting, 13-06-2024
- Amendment of the articles (2 times)
- Capital conversion, “disponibles pour distribution” (deed in French)
- Capital
- Director resignation, HUSSAIN Syed Ijaz (manager)
- Director appointment, HUSSAIN Syed Ijaz (director (not named in the articles))
- Director discharge, HUSSAIN Syed Ijaz (gérant démissionnaire)
23-11
Gazette deed
Capital & shares · Legal-form changeShare transfer · Shareholding · Director in office5 facts ▸
- General meeting, 01-10-2023
- Share transfer, HUSSAIN Syed ljaz → SYED Hassan Ijaz
- Shareholding, 75
- Shareholding, 25
- Director in office, HUSSAIN Syed ljaz (director)
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56033A0008/00M005 | Wallonia | 253 m² | 1 · 65 m² | 10.8 m · 3 |
| 21305B0204/00C012 | Brussels | 70 m² | 1 · 70 m² | 16.1 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Activité principale : prestation de toute activité relevant du secteur de l'hôtellerie,de la restauration,du débit de boissons,tels que…” (deed in French)
11 activities (deed in French)
- Activité principale : prestation de toute activité relevant du secteur de l'hôtellerie,de la restauration,du débit de boissons,tels que notamment l'exploitation d'hôtels,tavernes,cafés,salon de thé,drugstores,snackbar,night-club,ainsi que le commerce sous toutes ses formes de produits de consommation et article pour fumeur et notamment de plats préparés à consommer sur place,à emporter ou à livrer à domicile,en ce compris notamment l'activité de traiteur
- L'exploitation en général de supermarchés,épiceries et le commerce en général sous toutes ses formes ainsi que le commerce ambulant,tant en gros qu'au détail,en ce compris notamment l'achat,la vente,l'importation,la fabrication,l'entretien,la réparation,la commercialisation sans que cette énumération soit limitative ; tous les articles textiles,cuir ou synthétiques de remplacement et vêtements divers,neufs ou de seconde main,chaussures,articles de sport ; tous produits d'alimentation en général ainsi que les boissons ; tous produits d'équipement ménager,produits d'entretien et de droguerie,produits de chauffage et tous combustibles; fleurs,jouets divers,tous articles relevant de l'audiovisuel,de l'informatique et bureautique,de l'électroménager ainsi que des cassettes vidéo,cd-rom,dvd et autres médias sur tout support ; alimentation générale et librairie
- Ainsi que les services dérivés (loterie nationale,…),banc solaire coiffure,esthétique,tabac,tabak grinder,shisha,bongs,cigarettes électroniques
- Prestation de services par rapport à l’immobilier et la construction ;
- Le commerce de gros et de détail en services de communication,réparation,internet,informatique et hard- et software ; téléphonie ; textile,préservatif,jeux,briquet électronique.
- Prestation de services de formation,consultation,distribution de journaux et accès pour gestion journalière ;
- L’exploitation d’autres établissements similaires ainsi que l’exploitation d’un salon de coiffure,manucure,pédicure et salon de beauté;
- Le commerce en général tant de gros que de détail,en ce compris notamment l'achat,la vente,l'importation,l'exportation,le transport,l'entretien,la réparation,la location,le leasing,la représentation de tous véhicules automobiles ;
- L'exploitation d'une station-service,la vente en gros ou en détail de tous les produits pétroliers,car-wash,en ce compris le nettoyage de tous véhicules (camions,voitures et autres),carrosserie,atelier mécanique et garage,toutes prestations en vue de l'agréation d'une automobile par tout organisme chargé du contrôle technique et notamment la présentation de ce véhicule dans les centres de contrôle ainsi que toutes prestations requises par le transit des véhicules ;
- L’exercice de toutes activités relevant du secteur de l'imprimerie et de la reproduction sur tout support,tel que notamment l'exploitation d'un magasin de "copy-center" ;
- L’exercice de toutes activités et toutes prestations de services dans le domaine de la télécommunication,de traitement d'informations et de transmission,tels que notamment la création,la diffusion,la gestion de logiciels ou de systèmes de diffusion,sur tous supports informatiques ou autres,ainsi que l'exploitation et la gestion de cabines téléphoniques et cybercafé.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SUFFA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, peut établir,par simple décision de l’organe d’administration,des sièges…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non” (deed in French)“Fixe ou proportionnelle, indépendamment des frais éventuels de représentation,voyages et déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié_cédant_moitié_acquéreurs_au_prorata_si_plusieurs, toutes_cessions_entre_vifs_onéreux_gratuit_volontaires_forcées_exclusion_retrait_us…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last day of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, si aucun autre liquidateur désigné” (deed in French)