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Sultanim

Active
Private limited companyfounded 201114 years activeNeerlandweg 14, 2610 Antwerpen, BelgiumKBO/BCE: BE 0842.171.321
Summary

The computed 12-month bankruptcy probability of Sultanim is 1.7% (moderate). The 2024 annual accounts show equity of €176,236 and a net result of €61,194. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 26,062 sector peers (NACE 47, fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail trade
NACE 47530Wholesale trade NACE 46473
1 site
Size
€1.4mtotal assets 2024
Staff
2 FTE
Equity
€176,236
Profit
€61,194
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy probability, 12 months
1.7%
Structure
Accounts 68 days overdue0 of 11 deeds read
Why 55- 1 financial year not filed after the legal deadline; latest accounts 104 days late; 3 of the last 3 late- Figures for FY 2024 (filed 14-11-2025)- Equity €176,236 (12.5% of total assets)+ Founded in 2011Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 38+1
equity 12.5% of total assets
Liquidity 33-8
short-term debt 87.5% · cash 25.5%
Profitability 74+22
return on assets 4.3%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 6.8% 12-2024: 6.8%● unchanged vs 11-2024 01-2025: 6.8%● unchanged vs 12-2024 02-2025: 6.8%● unchanged vs 01-2025highest value 03-2025: 6.8%● unchanged vs 02-2025 04-2025: 6.8%● unchanged vs 03-2025 05-2025: 6.6%▼ -0.2 percentage points vs 04-2025 06-2025: 3.1%▼ -3.5 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.5%▲ +0.4 percentage points vs 07-2025 09-2025: 3.8%▲ +0.3 percentage points vs 08-2025 10-2025: 5.6%▲ +1.8 percentage points vs 09-2025 11-2025: 5.7%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%▼ -4.4 percentage points vs 11-2025lowest value 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.4%▲ +0.1 percentage points vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.7%▲ +0.3 percentage points vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.0%▲ +0.2 percentage points vs 06-2026 08-2026: 2.4%▲ +0.4 percentage points vs 07-2026 09-2026: 3.0%▲ +0.6 percentage points vs 08-2026 10-2026: 1.7%▼ -1.3 percentage points vs 09-2026
Credit up to €9,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.07 in 2023; short-term debt: 87.5% and cash: 25.5% of total assets), and 87.5% of the assets are financed with debt.
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 29% on solvency, 30% on liquidity, 60% on profitability and 51% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 104 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 14-11-2025)
NBB · annual accounts
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Equity €176,236 (12.5% of total assets)
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
104 days late
2023
65 days late
2022
98 days late
2021
107 days late
2020
115 days late
2019
217 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 118 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €61,194
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Back in profit in 2024after -€182,679 in 2023 €61,194 View
  • Positive: Among the best 9% on net resultsector median €4,448 · 26,032 companies €61,194 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€1.4m
Profit
€61,194
Solvency
12.5%
Total assets▲ 0.4%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 31-12-2023Weakest financial year
  2. 06-11-2023Annual accounts filed
  3. 15-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47530
Founded
27-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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