Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of HAMMURABI is 7.6% (elevated). The 2022 annual accounts show negative equity (€-13k) and a net result of €23k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 1347 sector peers (fiscal year 2022). The company has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Trust signals
1 signalAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2022How 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 | -14.6% | 28.5% | |
| Net result | €23k | €4k | |
| Equity | €-13k | €17k | |
| Gross operating margin | €24k | €26k | |
| Total assets | €87k | €66k |
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €23k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €87k |
| Equity | €-13k |
| Debt | €100k |
| of which ≤ 1y | €56k |
| of which > 1y | €44k |
| Working capital | €31k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 1.55 |
| Quick ratio | 1.55 |
| Working capital ratio | 35.5% |
| Solvency | -14.6% |
| Debt / equity | -7.84 |
| Long-term debt ratio | -3.43 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 26.9% |
| ROE | -183.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €87k |
| Current assets | 29/58 | €87k |
| Amounts receivable within one year | 40/41 | €68k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €87k |
| Equity | 10/15 | €-13k |
| Contributions / capital | 10/11 | €30k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €100k |
| Amounts payable after one year | 17 | €44k |
| Amounts payable within one year | 42/48 | €56k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €24k |
| Financial charges | 65 | €660 |
| Result before taxes | 9903 | €23k |
| Net result for the period | 9904 | €23k |
| Result to be appropriated | 9905 | €23k |
Health barometer
FY 2022 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
6 directors-
Current01-09-2025 → present
-
Current01-05-2025 → present
-
Current11-07-2024 → present
Former directors (3)
-
Former- → 01-09-2025
-
Former15-07-2016 → 11-07-2024
2 events
- 11-07-2024 Resigned· Managing director
- 15-07-2016 Appointed· Manager
-
Former- → 15-07-2016
Insolvency mandates
Legal Structure
| NACE primary | Goederenvervoer per spoor(49200) |
| Legal form | Private limited company(610) |
| Incorporation | 09-02-2010 |
| Status | Active |
| Postal code | 1780 |
Structure & network
Locations & real estate
Establishment units
1 locationReal-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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1376/00D000 ProtectedMonumentKoninklijke Sint-Hubertusgalerijen |
Brussels | 546 m² | 1 · 759 m² | 26.6 m · 7 fl. |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
6 acts26-01-2026 Transaction in capital or shares
06-06-2025 Abdullah Firas Ibrahim appointed as director
18-11-2024 Articles of association amended
05-08-2024 1 director appointed, 1 resigning
- AL KARKHI KHALED ALI, Gedelegeerd bestuurder
- RUBI CRISI, Gedelegeerd bestuurder
25-05-2021 Registered office moved from BRUXELLES to UCCLE
15-07-2016 1 director appointed, 1 resigning
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | HAMMURABI |
- 19-08-2024 UBO non-compliance