ELSADA
The computed 12-month bankruptcy probability of ELSADA is 6.1% (elevated). The 2025 annual accounts show negative equity (€-24k) and a net result of €-21k. Equity is shrinking by ~314.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 388 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-24k |
| Net result | €-21k |
| Better than sector | 5% |
| Active | 7 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -352.1% | 25.9% | |
| Net result | €-21k | €5k | |
| Equity | €-24k | €16k | |
| Gross operating margin | €18k | €29k | |
| Staff costs | €37k | €37k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-20k |
| Net profit | €-21k |
| Cash flow | €-20k |
| Staff costs | €37k |
| Income taxes | €70 |
| Dividends | - |
| Total assets | €7k |
| Equity | €-24k |
| Debt | €30k |
| of which ≤ 1y | €30k |
| of which > 1y | - |
| Working capital | €-25k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.19 |
| Quick ratio | 0.19 |
| Working capital ratio | -365.5% |
| Solvency | -352.1% |
| Debt / equity | -1.28 |
| Long-term debt ratio | - |
| Interest coverage | -261.84 |
| Gross margin | - |
| Net margin | - |
| ROA | -313.8% |
| ROE | 89.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €7k |
| Fixed assets | 21/28 | €901 |
| Tangible fixed assets | 22/27 | €751 |
| Financial fixed assets | 28 | €150 |
| Current assets | 29/58 | €6k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7k |
| Equity | 10/15 | €-24k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-42k |
| Amounts payable | 17/49 | €30k |
| Amounts payable within one year | 42/48 | €30k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €18k |
| Operating result | 9901 | €-21k |
| Financial charges | 65 | €75 |
| Result before taxes | 9903 | €-21k |
| Income taxes | 67/77 | €70 |
| Net result for the period | 9904 | €-21k |
| Result to be appropriated | 9905 | €-21k |
Former directors (1)
-
ABUMUSAMEH MohammadDirectorState Gazette act 25014864 (29-01-2025)Former- → 29-01-2025
| NACE primary | Hairdressing and barber services(96210) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 19-10-2018 |
| Status | Active |
| Postal code | 1080 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0056/00K002 | Brussels | 110 m² | 1 · 110 m² | 16.6 m · 5 fl. |
| 21562A0398/00T007 | Brussels | 51 m² | 1 · 47 m² | 19.5 m · 6 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-01-2025 ABUMUSAMEH Mohammad resigns as director
- ABUMUSAMEH Mohammad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "ABUMUSAMEH Mohammad",
"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": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 30 d\u00E9cembre 2024, accepte \u00E0 l\u0027unanimit\u00E9 des voix, la d\u00E9mission de monsieur ABUMUSAMEH Mohammad de son poste d\u0027administrateur et lui donne d\u00E9charge pour son mandat",
"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": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-01-29",
"filing_date": "2024-12-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-12-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0711.883.493",
"name_full": "ELSADA",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "franeophene",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | ELSADA |