Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ASHA is 4.8% (elevated). The 2024 annual accounts show negative equity (€-16k) and a net result of €-27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6698 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone4.8%
Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Young company
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 04-08-2025 | 4 d late | 2025-00361906 |
| 31-12-2023 | 31-07-2024 | 23-07-2024 | 8 d early | 2024-00279086 |
| 31-12-2022 | 31-07-2023 | 29-08-2023 | 29 d late | 2023-00367355 |
| 31-12-2021 | 31-07-2022 | 28-08-2022 | 28 d late | 2022-20331815 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€390k+11.1%
EBIT margin2.2%+1.6pp
Net result€-27k
Working capital€-16k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 04-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -618.2% | 20.4% | |
| Net result | €-27k | €4k | |
| Equity | €-16k | €16k | |
| Gross operating margin | €8k | €24k | |
| Staff costs | €31k | €33k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P5
Stable position over 2021-2024
· n=2542-6698
P9
Weakening position over 2021-2024
· n=2535-6678
P15
Stable position over 2021-2024
· n=2545-6712
P33
Improving position over 2021-2024
· n=2522-6657
Describes the position versus peers, not a forecast.
€390k
+11.1%
21-24
€-27k
-
21-24
€3k
-88.4%
21-24
€-16k
-
21-24
€-16k
-
21-24
€31k
-16.4%
21-24
€672
-60.6%
21-24
€18k
+71.5%
21-24
€18k
+71.5%
21-24
0.14
-93.2%
21-24
0.14
-74.0%
21-24
-618.2%
-
21-24
-1.16
-
21-24
171.7%
+562.2%
21-24
-1061.1%
-
21-24
1.7%
+240.5%
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-27k |
| Cash flow | - |
| Staff costs | €31k |
| Income taxes | - |
| Dividends | - |
| Total assets | €3k |
| Equity | €-16k |
| Debt | €18k |
| of which ≤ 1y | €18k |
| of which > 1y | - |
| Working capital | €-16k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.14 |
| Quick ratio | 0.14 |
| Working capital ratio | -618.2% |
| Solvency | -618.2% |
| Debt / equity | -1.16 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1061.1% |
| ROE | 171.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3k |
| Current assets | 29/58 | €3k |
| Stocks & contracts in progress | 3 | €5 |
| Amounts receivable within one year | 40/41 | €453 |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3k |
| Equity | 10/15 | €-16k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €18k |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €897 |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €-27k |
| Financial charges | 65 | €46 |
| Result before taxes | 9903 | €-27k |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed17
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
4 directorsCurrent directors & mandates
-
KHAVARI EhsanDirectorState Gazette act 22139762 (28-11-2022)Current28-11-2022 → present
Former directors (3)
-
HESARI NavidDirectorState Gazette act 22139762 (28-11-2022)Former28-11-2022 → 17-03-2023
2 events
- 17-03-2023 Resigned· Director
- 28-11-2022 Appointed· Director
-
KARAMI AsmaDirectorState Gazette act 23038278 (17-03-2023)Former- → 17-03-2023
-
KARAMI SimaDirectorState Gazette act 22139762 (28-11-2022)Former- → 28-11-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 27-11-2020 |
| Status | Active |
| Postal code | 1620 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paul Gilsonlaan 3791620 DrogenbosEstablishment units
1 locationASHA
since 20212.313.723.677
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,107 m²
Buildings2
Building footprint674 m²
Volume (LiDAR)6,415 m³
Tallest building20.3 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0042/00Y000 | Flanders | 1,071 m² | 1 · 629 m² | 13.7 m · 4 fl. |
| 12025E0555/00_000 | Flanders | 36 m² | 1 · 45 m² | 20.3 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Capital history · 3
10-06-2024
Capital change
17-03-2023
Capital change
28-11-2022
Capital change
Address history · 1
18-11-2024
Registered-office move
All acts · 5
updated 1 year ago
2024
18-11-2024 Registered office moved to Drogenbos
- Avenue Paul Gilson 379 /B102, 1620 Drogenbos
10-06-2024 Transaction in capital or shares
23-04-2024 Publication in the Belgian Official Gazette, Minor change
Summary:
Agm rules changeNotary:
Hervé BEHAEGEL · Sint-Gillis
2023
17-03-2023 All shares are now held by a single shareholder
2022
28-11-2022 Transaction in capital or shares
Analysis
Snowflake analysis
financial profile on 5 axes58
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
17
Profitability
100
Solvency
33
Growth
45
Stability
94
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We hold annual accounts for 1,627 of the 10,430 companies in this sector. 1,227 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112
Primary activity highlighted.
Names & trade names
| Legal nameNL | ASHA |
Registered office
Paul Gilsonlaan 379 bus B102
1620 Drogenbos, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.