MARKET ASALAM
ActiveSummary
The computed 12-month bankruptcy probability of MARKET ASALAM is 1.8% (moderate). The 2024 annual accounts show equity of €29k and a net result of €27k. Its solvency ranks better than 42% of 15869 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency55
Growth-
Track record67
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.28; short-term debt: 70.4% and cash: 79.5% of total assets), and 70.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.6%
Return on assets
27.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2026, 321 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
321 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€225k
EBIT margin
12.2%
Net result
€27k
Working capital
€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €99k
Fixed assets
€10k
Current assets
€89k
Equity and liabilities €99k
Equity
€29k
Debt
€70k
Debt finances 70.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.28
Quick ratio
1.25
Debt to equity
2.38
ROE
93.2%
ROA
27.6%
Debt ≤ 1 year
€70k
Filed annual accounts As filed with the NBB · 2024 · 30 lines
Balance sheet
Code2024
Assets
Total assets20/58€99k
Fixed assets21/28€10k
Financial fixed assets28€10k
Current assets29/58€89k
Stocks and contracts in progress3€2k
Stocks30/36€2k
Amounts receivable within one year40/41€8k
Trade receivables40€8k
Other amounts receivable41€220
Cash at bank and in hand54/58€79k
Equity and liabilities
Total equity and liabilities10/49€99k
Equity10/15€29k
Contributions10/11€2k
Profit (loss) carried forward14€27k
Amounts payable17/49€70k
Amounts payable within one year42/48€70k
Trade debts44€61k
Suppliers440/4€61k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Income statement
Code2024
Turnover70€225k
Goods, raw materials, services and sundry goods60/61€198k
Gross operating margin9900€27k
Operating profit (loss)9901€27k
Financial charges65/66B€76
Recurring financial charges65€76
Profit (loss) for the period before taxes9903€27k
Profit (loss) for the period9904€27k
Profit (loss) for the period to be appropriated9905€27k
Appropriation of the result
Profit (loss) to be appropriated9906€27k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 321 days late
NBB filing
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2023
Cannot 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.
Oudesmidsestraat 201700 DilbeekGround area
461 m²
Building footprint
454 m²
Volume, LiDAR
3,899 m³
2 parcels, Brussels, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MARKET PALESTINE
since 20232.351.520.916
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
| 21304B0170/00N003 | Brussels | 160 m² | 1 · 156 m² | 15.8 m · 1 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.351.520.916
Similar companies · same sector, comparable size
Vorsselmans Senne
BE 0756.885.060
Wuustwezel · Eq €29,241
SilLy Sisters Entertainment
BE 0772.888.179
Balen · Eq €29,149
Axelle Blanc
BE 0782.470.888
Vorst · Eq €29,148
VISTA TRADE FINANCE AND SERVICES
BE 0434.168.832
Brussel · Eq €29,124
4*S- Trading
BE 0534.847.409
Antwerpen · Eq €29,081
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,778 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.