ASIL TURK

Active

Private limited companyfounded 20224 yrs activeBrusselse steenweg 196, 9300 Aalst, BelgiumKBO/BCE: BE 0788.362.154

The computed 12-month bankruptcy probability of ASIL TURK is 5.1% (elevated). The 2025 annual accounts show negative equity (€-168) and a net result of €460. Equity is shrinking by ~1074.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 13204 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

37 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability72▲+72

Solvency24▲+24

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

5.1% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.33; short-term debt: 101.1% and cash: 14.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

-1.1%

Return on assets

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 13204 sector peers (2025).

NBB · sector comparison

Position among 13204 sector peers

Solvency

better than 25%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

24 d late

2024

29 d late

2023

77 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-168▲ 73.2%

2024 · €-628

2023: €13k 2024: €-628

2023 → 2025

Total assets

€16k▲ 674%

2024 · €2k

2023: €16k 2024: €2k

2023 → 2025

Net result

€460

2024 · €-14k

2023: €-2k 2024: €-14k

2023 → 2025

Working capital

€-11k▼ 317%

2024 · €-3k

2023: €10k 2024: €-3k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€13k-€-628€-168▲ 73.2%

Operating result€-944-€-14k▼ 1,337%€888

Net result€-2k-€-14k▼ 738%€460

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €888 after a loss of €14k in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €16k

66.9%

33.1%

Fixed assets €10k▲ 445%

Current assets €5k▲ 4,964%

Key figures and ratios

2025 value · change against 2024

EBITDA

€3k▲

2024 · €-11k

Cash flow

€2k▲

2024 · €-12k

Solvency

-1.1%

Current ratio

0.33

Quick ratio

0.33

ROA

3.0%

Interest coverage

6.35▲

2024 · -27.69

Debt

€16k▲

2024 · €3k

Debt ≤ 1 year

€16k▲

2024 · €3k

Equity ratios withheld: equity of €-168 is too small for a meaningful ratio.

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€2k€16k▲

Fixed assets21/28€2k€10k▲

Tangible fixed assets22/27€2k€10k▲

Plant, machinery and equipment23€2k€9k▲

Furniture and vehicles24€256-

Other tangible fixed assets26-€975

Current assets29/58€102€5k▲

Amounts receivable within one year40/41€102€3k▲

Trade receivables40-€505

Other amounts receivable41€102€2k▲

Cash at bank and in hand54/58€0€2k▲

Equity and liabilities

Total equity and liabilities10/49€2k€16k▲

Equity10/15€-628€-168▲

Contributions10/11€15k€15k=

Profit (loss) carried forward14€-16k€-15k▲

Amounts payable17/49€3k€16k▲

Amounts payable within one year42/48€3k€16k▲

Trade debts44€3k€10k▲

Suppliers440/4€3k€10k▲

Taxes, remuneration and social security45€8-

Taxes450/3€8-

Other amounts payable47/48-€5k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€387€628▲

Gross operating margin9900€-11k€3k▲

Operating profit (loss)9901€-14k€888▲

Financial income75/76B€18-

Recurring financial income75€18-

Financial charges65/66B€410€428▲

Recurring financial charges65€410€428▲

Profit (loss) for the period before taxes9903€-14k€460▲

Profit (loss) for the period9904€-14k€460▲

Profit (loss) for the period to be appropriated9905€-14k€460▲

Appropriation of the result

Profit (loss) to be appropriated9906€-16k€-15k▲

Profit (loss) brought forward from the previous period14P€-2k€-16k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 24 days late

2025

31-12

Financial Back to profitnet €460

Net result €460 after 2 loss-making years.

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Weakest financial yearnet €-14k

Net result drops to €-14k, the lowest in the series; recovery starts the following year.

16-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 77 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Aalst · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Brusselse steenweg 1969300 Aalst

Ground area

343 m²

Building footprint

97 m²

Volume, LiDAR

688 m³

Parcel 41304G0141/00Z005, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Tuinhuisje van Pittaland

Brusselse steenweg 196, 9300 AalstLimited-service restaurants

since 20222.333.515.934

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41304G0141/00Z005	Flanders	343 m²	1 · 97 m²	9.7 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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 site

Aalst2.333.515.934

1 permission

Toelating · Frituur · since 15-09-2025

Similar companies · same sector, comparable size

Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 7,522 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-07-2022

Fiscal year end31-12

Activities, NACEBEL

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.