Checked.be
Active
BE 0845.246.914Private limited company (pre-2019)Open bankruptcy
FA.SY
· 14 yrs active
Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
(56112)
Conclusion
A bankruptcy procedure is open for FA.SY according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €67k and a net result of €1k.
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €67k |
| Net result | €1k |
| Better than sector | 44% |
| Active | 14 yrs |
Financial profile
16
/ 100
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Health
1
Profitability
9
Solvency
20
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
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.
Health barometer
1
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-05-2025 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.6% | 16.6% | |
| Net result | €1k | €2k | |
| Equity | €67k | €11k | |
| Gross operating margin | €120k | €41k | |
| Staff costs | €101k | €47k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€15k
-54.7%
18-23
€1k
-94.5%
18-23
€11k
-64.5%
18-23
€631k
+57.1%
18-23
€67k
+1.8%
18-23
€40k
+12.6%
18-23
2
+15.0%
18-23
€101k
+26.5%
18-23
Show 11 other metrics
€344
+259.7%
18-23
€564k
+67.9%
18-23
€564k
+67.9%
18-23
€1k
-80.7%
18-23
1.07
-3.2%
18-23
1.03
-1.2%
18-23
10.6%
-35.2%
18-23
8.43
+64.9%
18-23
1.8%
-94.6%
18-23
0.2%
-96.5%
18-23
4.22
-77.2%
18-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €15k |
| Net profit | €1k |
| Cash flow | €11k |
| Staff costs | €101k |
| Income taxes | €344 |
| Dividends | - |
| Total assets | €631k |
| Equity | €67k |
| Debt | €564k |
| of which ≤ 1y | €564k |
| of which > 1y | - |
| Working capital | €40k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 1.03 |
| Working capital ratio | 6.4% |
| Solvency | 10.6% |
| Debt / equity | 8.43 |
| Long-term debt ratio | - |
| Interest coverage | 4.22 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.2% |
| ROE | 1.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €631k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €18k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €604k |
| Stocks & contracts in progress | 3 | €21k |
| Amounts receivable within one year | 40/41 | €576k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €631k |
| Equity | 10/15 | €67k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €46k |
| Amounts payable | 17/49 | €564k |
| Amounts payable within one year | 42/48 | €564k |
| Trade debts payable within one year | 44 | €517k |
| Income statement | ||
| Gross operating margin | 9900 | €120k |
| Operating result | 9901 | €5k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €344 |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
Al Sarag MohammedDirectorState Gazette act 25115334 (12-09-2025)Current12-09-2025 → present
-
Al Saraj YasserDirectorState Gazette act 24094742 (25-06-2024)Current25-06-2024 → present
-
Alsaraj AhmedDirectorState Gazette act 21050245 (26-04-2021)Current26-04-2021 → present
-
Alsaraj MarwanDirectorState Gazette act 21050245 (26-04-2021)Current26-04-2021 → present
Former directors (5)
-
Al Sarraj MarwanDirectorState Gazette act 25115334 (12-09-2025)Former- → 12-09-2025
-
Alsaraj YasserGérantState Gazette act 15180007 (28-12-2015)Former27-04-2015 → 12-09-2025
5 events
- 12-09-2025 Resigned· Director
- 26-04-2021 Resigned· Gérant
- 28-12-2015 Appointed· Gérant
- 27-04-2015 Appointed· Gérant
- 19-11-2014 Resigned· Gérant
-
Al Sarraj AhmedDirectorState Gazette act 24094742 (25-06-2024)Former- → 25-06-2024
-
Alsaraj YahyaAssociéState Gazette act 15180007 (28-12-2015)Former- → 28-12-2015
-
El Mazbouh HaidarGérantState Gazette act 15115696 (11-08-2015)Former13-06-2014 → 28-12-2015
5 events
- 28-12-2015 Resigned· Gérant
- 11-08-2015 Appointed· Gérant
- 27-04-2015 Resigned· Gérant
- 19-11-2014 Appointed· Gérant
- 13-06-2014 Appointed· Gérant
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.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | HUGUES DE SCHAETZEN VAN BRIENEN AVENUE
LOUISE 349, 1050 IXELLES |
15-09-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-04-2012 |
| Status | Active |
| Postal code | - |
| First BS signal | 19-09-2025 |
| Latest BS signal | 19-09-2025 |
Establishment units
FA.SI
since 20122.211.399.664
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
| 21305B0214/00W017 | Brussels | 200 m² | - | - |
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.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
19-09-2025
Bankruptcy
Opening
12-09-2025
State Gazette act
Capital & shares
20-05-2025
NBB filing
Annual accounts filed
20-05-2025
NBB filing
Annual accounts filed
2024
25-06-2024
State Gazette act
Capital & shares
2022
12-10-2022
NBB filing
Annual accounts filed
25-01-2022
NBB filing
Annual accounts filed
2021
26-04-2021
State Gazette act
Director changes
2020
30-11-2020
NBB filing
Annual accounts filed
2019
20-09-2019
NBB filing
Annual accounts filed
2018
28-08-2018
NBB filing
Annual accounts filed
2017
04-12-2017
State Gazette act
Capital & shares
29-09-2017
NBB filing
Annual accounts filed
12-01-2017
NBB filing
Annual accounts filed
2016
14-03-2016
NBB filing
Annual accounts filed
2015
28-12-2015
State Gazette act
Director changes
11-08-2015
State Gazette act
Director changes
27-04-2015
State Gazette act
Director changes
2014
19-11-2014
State Gazette act
Director changes
13-06-2014
State Gazette act
Capital & shares
Lifecycle & Insolvency Signals
19-09-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 4
12-09-2025
v3.2
25-06-2024
v3.2
04-12-2017
v3.2
13-06-2014
v3.2
All acts · 9
updated 11 months ago
2025
12-09-2025 Transaction in capital or shares
Summary:
v3.2
Technical details
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"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FASY"
}
}2024
25-06-2024 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
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"name_full": "FASY"
}
}2021
26-04-2021 2 directors appointed, 1 resigning
- Alsaraj Marwan, Bestuurder
- Alsaraj Ahmed, Bestuurder
- Alsaraj Yasser, Gérant
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "Alsaraj Yasser",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Alsaraj Marwan",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Alsaraj Ahmed",
"address": null,
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}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}2017
04-12-2017 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}2015
28-12-2015 1 director appointed, 2 resigning
- Alsaraj Yasser, Gérant
- El Mazbouh Haidar, Gérant
- Alsaraj Yahya, Associé
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "El Mazbouh Haidar",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "associ\u00E9",
"person": {
"rrn": null,
"name": "Alsaraj Yahya",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "Alsaraj Yasser",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}11-08-2015 El Mazbouh Haidar appointed as gérant
- El Mazbouh Haidar, Gérant
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "El Mazbouh Haidar",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}27-04-2015 1 director appointed, 1 resigning
- Alsaraj Yasser, Gérant
- El Mazbouh Haidar, Gérant
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "El Mazbouh Haidar",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "Alsaraj Yasser",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}2014
19-11-2014 1 director appointed, 1 resigning
- El Mazbouh Haidar, Gérant
- Alsaraj Yasser, Gérant
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "Alsaraj Yasser",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "g\u00E9rant",
"person": {
"rrn": null,
"name": "El Mazbouh Haidar",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA.SY"
}
}13-06-2014 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0845.246.914",
"name_full": "FA SY"
}
}Credit advice
Company registry (CBE)
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameFR | FA.SY |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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