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Complete company report
Generated 27-08-2026
Active BE 0736.573.557Private limited companyOpen bankruptcy

HUSNAIN & SONS

· 6 yrs active
Sector: Detailhandel in spellen en speelgoed (47640)
Conclusion Checked

A bankruptcy procedure is open for HUSNAIN & SONS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €8k and a net result of €856.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €8k
Net result €856
Better than sector 29%
Active 6 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability42Solvency15Growth68Stability0
25 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 42
Solvency 15
Growth 68
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

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 rule-based
53 / 100
High riskRegister: open bankruptcy
This 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)
· 1 administrative flag (+3)
Trust signals 2 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 Flags1 events
Address struck
Health barometer FY 2021 · computed
0 / 100 Critical
050100
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.

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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · micro
€0€100k€200k€300kRevenue 2020: €164k€164kOperating result 2020: €4k€4kNet result 2020: €4k€4kRevenue 2021: €300k€300kOperating result 2021: €2k€2kNet result 2021: €856€85620202021
RevenueOperating resultNet result
Sector comparison
Fiscal year 2021 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 4.6% 22.6%
better than 29% of 2693 sector peers
Net result €856 €3k
better than 42% of 2684 sector peers
Equity €8k €17k
better than 39% of 2697 sector peers
Gross operating margin €5k €21k
better than 31% of 2670 sector peers
Total assets €163k €92k
better than 66% of 2694 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€300k
+82.3% 20-21
Net profit
€856
-76.8% 20-21
Total assets
€163k
+163.8% 20-21
Equity
€8k
+12.8% 20-21
Working capital
€8k
+12.8% 20-21
Debt
€156k
+182.1% 20-21
Debt ≤ 1y
€156k
+182.1% 20-21
Current ratio
1.05
-6.5% 20-21
Show 6 other metrics
Quick ratio
0.48
+50.0% 20-21
Solvency
4.6%
-57.2% 20-21
Debt / equity
20.65
- 20-21
ROE
11.3%
-79.5% 20-21
ROA
0.5%
-91.2% 20-21
Net margin
0.3%
-87.3% 20-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue€300k
EBITDA-
Net profit€856
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€163k
Equity€8k
Debt€156k
of which ≤ 1y€156k
of which > 1y-
Working capital€8k
Employees (FTE)-
Ratios (computed)
2021
Current ratio1.05
Quick ratio0.48
Working capital ratio4.6%
Solvency4.6%
Debt / equity20.65
Long-term debt ratio-
Interest coverage-
Gross margin0.1%
Net margin0.3%
ROA0.5%
ROE11.3%
EBITDA margin-
Days sales outstanding13d
Days payable outstanding168d
Inventory turnover3.40
Days inventory (DSI)107d
Balance-sheet composition 2021
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€163k
Current assets 29/58€163k
Stocks & contracts in progress 3€88k
Amounts receivable within one year 40/41€10k
Cash & bank 54/58€65k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€163k
Equity 10/15€8k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€5k
Amounts payable 17/49€156k
Amounts payable within one year 42/48€156k
Trade debts payable within one year 44€137k
Income statement
Turnover 70€300k
Gross operating margin 9900€5k
Operating result 9901€2k
Financial charges 65€861
Result before taxes 9903€856
Net result for the period 9904€856
Result to be appropriated 9905€856
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • Shahid Hafiz
    Director (executive)
    State Gazette act 23037766 (16-03-2023)
    Former
    - → 16-03-2023
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 & mandates1 person
Role Name Tenure Source
Curator YANNICK ALSTEENS
RUE DU PANIER VERT 70, 1400 NIVELLES
 29-03-2024 → present Belgian State Gazette
Legal Structure
NACE primary Detailhandel in spellen en speelgoed(47640)
Legal form Private limited company(610)
Incorporation18-10-2019
StatusActive
Postal code-
First insolvency signal 09-04-2024
Latest insolvency signal 09-04-2024
Real-estate footprint Source: CBE × cadastre

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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21305C0266/00S010 Brussels 124 m² 1 · 124 m² 21.0 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
23-05-2025
KBO administration Address struck
Rue de Fiennes 10 1070 Het adres van de zetel de Fiennesstraat 10 Die Sitzadresse Rue de Fiennes / de Fiennes- Anderlecht · event 03-04-2025
2024
09-04-2024
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · HUSNAIN & SONS SRL RUE DE FIENNES 10, 1070 ANDERLECHT · event 29-03-2024
2023
09-06-2023
State Gazette act Capital & shares
16-03-2023
State Gazette act Capital & shares
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
26-10-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
Lifecycle & Insolvency Signals2 events
23-05-2025
KBO administration Address struck
Date: 03-04-2025 · Rue de Fiennes 10 1070 Het adres van de zetel de Fiennesstraat 10 Die Sitzadresse Rue de Fiennes / de Fiennes- Anderlecht · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 29-03-2024 to 03-04-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-04-09 · Bankruptcy · Opening2025-05-23 · KBO administration · Address struck
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 0 of 6 acts read

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.

Belgisch Staatsblad, acts 2 acts
Capital history · 2
09-06-2023
Capital change
16-03-2023
Capital change
All acts · 2 updated 3 years ago
2023
09-06-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
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      "n_shares_destroyed": null,
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      "merger_new_shares_n": null,
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      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
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      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Madame N\u00E0st\u00E0soiu Georgiana Luliana",
          "share_class": "Sociale",
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 90,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Madame N\u00E0st\u00E0soiu Georgiana Luliana",
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        }
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      "subscribers": [
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        }
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      "decrease_purpose": null,
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      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-06-09",
    "filing_date": "2023-06-01",
    "act_kind_objet": "Obiet de l\u0027acte : Nomination Administrateur-Demission du Administrateur ET Associe Et cessation des parts socailes-Transfert Si\u00E9ge Sociale"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-02-15",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-02-15"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0736.573.557",
    "name_full": "HUSNAIN \u0026 SONS",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Madame N\u00E0st\u00E0soiu Georgiana Luliana",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 100,
      "share_class": "Sociale"
    }
  ],
  "share_classes_after": [
    {
      "n_shares": 100,
      "class_name": "Sociale",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
}
16-03-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
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    }
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  "notary": {
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  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2023-03-08",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "act_date": null,
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    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-12-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
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    "name_full": "HUSNAIN \u0026 SONS",
    "legal_form": "SRL",
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  },
  "publication_proxy": {
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    "person_name": null,
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    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
    "verslag bedrijfsrevisor"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Husnain Ali",
      "role": "aandeelhouder",
      "n_shares": 90,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Mahmood Ahmad",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in spellen en speelgoed47640Detailhandel in spellen en speelgoed in gespecialiseerde winkels47650
Primary activity highlighted.
Names & trade names
Legal nameFR HUSNAIN & SONS
Registration history
  1. 03-04-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative