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Generated 27-07-2026
Active BE 0718.875.908Private limited company

Sultan Ari

Kuringersteenweg 299A ·3500 Hasselt, Belgium· 7 yrs active
Sector: NACE 95316 (95316)
Conclusion Checked

The computed 12-month bankruptcy probability of Sultan Ari is 1.0% (low). The 2024 annual accounts show equity of €44k and a net result of €16k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 922 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €44k
Net result €16k
Staff (FTE) 1.5
Better than sector 75%
Snowflake analysis 5 axes · computed by Checked
Health93Profitability100Solvency94Growth78Stability100
93 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 94
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 20-08-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10k€20kOperating result 2020: €2k€2kNet result 2020: €6k€6kOperating result 2021: €-586€-586Net result 2021: €828€828Operating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €4k€4kNet result 2023: €1k€1kOperating result 2024: €22k€22kNet result 2024: €16k€16k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~5.8%/year over 6 fiscal years, indicative, assuming unchanged policy.
€20k€30k€40k2025: €31k (€28k - €35k)2026: €33k (€29k - €36k)2027: €34k (€31k - €38k)2019: €22k2020: €24k2021: €25k2022: €27k2023: €28k2024: €44k201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2024 · NACE 95 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 52.2% 24.6%
better than 75% of 922 sector peers
Net result €16k €5k
better than 68% of 918 sector peers
Equity €44k €17k
better than 69% of 923 sector peers
Gross operating margin €45k €27k
better than 62% of 917 sector peers
Staff costs €18k €28k
higher than 42% of 427 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€25k
+143.9% -27% vs sector
Net profit
€16k
+1098.9% +4% vs sector
Cash flow
€19k
+147.0% -33% vs sector
Total assets
€84k
+31.1% -82% vs sector
Equity
€44k
+55.3% -52% vs sector
Working capital
€36k
+77.8% +45% vs sector
Employees (FTE)
2
- -91% vs sector
Staff costs
€18k
+45.9% -97% vs sector
Income taxes
€8k
+967.2% -65% vs sector
Debt
€40k
+12.0% -77% vs sector
Debt ≤ 1y
€40k
+12.0% -76% vs sector
Current ratio
1.91
+21.4% +66% vs sector
Quick ratio
1.91
+21.4% +69% vs sector
Solvency
52.2%
+18.5% +86% vs sector
Debt / equity
0.92
-27.9% -64% vs sector
ROE
35.6%
+671.8% far above sector median
ROA
18.6%
+814.4% far above sector median
Interest coverage
5.77
-92.0% -21% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€25k
Net profit€16k
Cash flow€19k
Staff costs€18k
Income taxes€8k
Dividends-
Total assets€84k
Equity€44k
Debt€40k
of which ≤ 1y€40k
of which > 1y-
Working capital€36k
Employees (FTE)1.5
Ratios (computed)
2024
Current ratio1.91
Quick ratio1.91
Working capital ratio43.5%
Solvency52.2%
Debt / equity0.92
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA18.6%
ROE35.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€84k
Fixed assets 21/28€7k
Intangible fixed assets 21€3k
Tangible fixed assets 22/27€510
Financial fixed assets 28€3k
Current assets 29/58€76k
Amounts receivable within one year 40/41€70k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€84k
Equity 10/15€44k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€25k
Amounts payable 17/49€40k
Amounts payable within one year 42/48€40k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€45k
Operating result 9901€22k
Financial income 75€2k
Result before taxes 9903€24k
Income taxes 67/77€8k
Net result for the period 9904€16k
Result to be appropriated 9905€16k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 95316
Legal form Private limited company(610)
Incorporation18-01-2019
StatusActive
Postal code3500
Establishment units 1 location
Self & Hand Carwash
Kuringersteenweg 299A, 3500 HasseltWassen en poetsen van motorvoertuigen
since 20192.300.744.186
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0691/00P002 Flanders 343 m² 1 · 170 m² 14.5 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
13-02-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
01-02-2023
State Gazette act Director changes
2022
21-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
19-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
22-12-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
01-02-2023 Khalili Fardin resigns as director Director changes
  • Khalili Fardin, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Khalili Fardin",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Khalili Fardin te ontslagen als bestuurder vanaf heden, er wordt hem een volledige kwijting verleend over het gehele periode.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Khalili Fardin",
        "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": "er wordt hem een volledige kwijting verleend over het gehele periode.",
      "decharge_status": "granted",
      "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": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-01-23",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-09-30",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0718.875.908",
    "name_full": null,
    "legal_form": "BV"
  },
  "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
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Wassen en poetsen van motorvoertuigen45206Wassen en poetsen van motorvoertuigen95316Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL Sultan Ari
Registered office
Kuringersteenweg 299A
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative