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AUTOHANDEL BULENT

Active Private limited companyfounded 2003active for 23 yearsMeylandtlaan 99, 3550 Heusden-ZolderKBO/BCE: BE 0859.820.668 subsidiary of IMMO DDO

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2004
peak €128,354 (2008)
€54,823▼ 48.0%
lowest -€78,993 (2009)
€17,264▼ 40.8%
peak €333,383 (2024)
€333,383▲ 5.5%
€924,598▲ 28.4%
peak 2.5 FTE (2009)
-not published
Board1 name since 2003
1 directorCENIK Bülent
Owners
80.11%IMMO DDO
Documentsfilings and deeds
09-10-202570 days late
2024abbreviated format
Turnover from €4.9m to €3.1mGross margin from €105,362 to €54,823Result from €29,140 to €17,264Resignation: CENIK Bülent (manager) 05-01Debts from €720,281 to €924,598Cash from €102,538 to €214,141

Key points

from the 2024 annual accounts

Equity

€333,383 ▲ 5.5%

AUTOHANDEL BULENT has made a profit without a break since 2010.

Turnover

€3.1m ▼ 36.8%
€4.9m2023€3.1m2024

Turnover fell in 2024 from €4.9m to €3.1m.

Debts

€924,598 73% of the balance sheet
Financial debts 34%Suppliers 27%Taxes and wages 1%Other 38%

Of this, €603,861 falls due within a year.

Payment terms

31 days to suppliers
Suppliers
5 to 31
Customers
14 to 27

AUTOHANDEL BULENT pays its suppliers 26 days later than in 2023. Customers pay 13 days later.

Liquidity

2.03 was 2.79 in 2023

Short-term debts rose from €359,561 to €603,861.

Filings

21 annual accounts 101 days past the deadline
AprilJune31 JulyOctober2005201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

55
Fair
Financially stronger than 37% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.1%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 0.3%▼ -0.8 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.4 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026

Financial strength
Average

52-4equity 26.5% of total assets
48+1short-term debt 48.0% · cash 17.0%
37-1return on assets 1.4%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 10-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 accounts late
lowers risk
Founded in 2003
Size: turnover €3.1m, total assets €1.3m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 42% of them on solvency, 47% on liquidity, 28% on profitability and 30% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,685 companies had the same profile as AUTOHANDEL BULENT has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of AUTOHANDEL BULENT itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,685 companies, not a prediction for AUTOHANDEL BULENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €18,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 2.03 (2.79 in 2023), above the usual 1.5. Short-term debt is 48% and cash 17% of total assets. However, 73.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 10-10-2025)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: turnover €3.1m, total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 70 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
70 days late
2023
10 days late
2022
4 days early
2021
25 days late
2020
22 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CB
Director, since 29-07-2003
  • IMMO DDO 80.11%score 56equity €319,470 (2024) · 2024 annual accounts of IMMO DDO
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0859820668
Resignation: CENIK Bülent (manager) Reappointment: CENIK Bülent (director) · “De handelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere…” (deed in Dutch) · Director discharge: CENIK Bülent · General meeting of 21-12-2023 · Gazette deed
First establishment Meylandtlaan 99, Heusden-Zolder
Incorporation published on 05-08-2003 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
AUTOHANDEL BULENT Heusden-Zolder €1.3m €54,823 26.5% -
PRC Lommel €1.2m €76,328 41.3% 0.5
DI VALERIO Dour €1.1m €69,903 97.8% -
BLOCKEEL CHRIST Waregem €1.1m €63,421 32.0% -
DELTA SERVICES Oudsbergen €0.9m €78,652 7.4% -
G.B.S. Genk €1.1m €86,610 77.6% -
LJ MANAGEMENT Peer €1.3m €114,091 19.0% 1

These companies have the same main activity as AUTOHANDEL BULENT: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €916,000 and €1.3m, founded between 1997 and 2006.

Official details

Source: KBO
Status
Active since 29-07-2003Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
Joint committees
112Garages
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.139.338.2653550 Heusden-Zolder, since 09-09-2004
Financial year end
31 December
Peppol
Reachable since 01-05-2026
Company details

Annual accounts 2024

€1.3m▲ 21.4%
Filing
Filed on 09-10-2025
Financials

Insights on AUTOHANDEL BULENT

AUTOHANDEL BULENT files the abbreviated format. That format states no turnover. The gross margin rose from -€43,652 in 2006 to €54,823 in 2024.

IMMO DDO holds 80.11% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AUTOHANDEL BULENT

What is the company number of AUTOHANDEL BULENT?
The company number of AUTOHANDEL BULENT is 0859.820.668. The VAT number is the same number with BE in front: BE 0859.820.668.
Where is AUTOHANDEL BULENT based?
The registered office is at Meylandtlaan 99, 3550 Heusden-Zolder.Company details
What does AUTOHANDEL BULENT do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of AUTOHANDEL BULENT?
AUTOHANDEL BULENT is a private limited company (BV).
When was AUTOHANDEL BULENT founded?
AUTOHANDEL BULENT was founded on 29-07-2003.
Is AUTOHANDEL BULENT still active?
Yes, AUTOHANDEL BULENT is an active enterprise in the KBO register.
How many employees does AUTOHANDEL BULENT have?
AUTOHANDEL BULENT had an average of 0.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does AUTOHANDEL BULENT fall under?
In its 2024 annual accounts, AUTOHANDEL BULENT states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of AUTOHANDEL BULENT?
The turnover of AUTOHANDEL BULENT was €3.1m in financial year 2024, according to the filed annual accounts.
Is AUTOHANDEL BULENT profitable?
In financial year 2024, AUTOHANDEL BULENT made a profit of €17,264.
Where can I find the annual accounts of AUTOHANDEL BULENT?
AUTOHANDEL BULENT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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