Active BE 0790.401.035Private limited companyOpen bankruptcy

BAGATOR

Frans van Ryhovelaan 289 ·9000 Gent, Belgium· 3 yrs active

Sector: Specialised construction (43240)

Conclusion Checked

A bankruptcy procedure is open for BAGATOR according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €7k and a net result of €4k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€7k
Net result	€4k
Staff (FTE)	1.6
Better than sector	13%

Snowflake analysis 5 axes · computed by Checked

34 / 100

Fragile profile, watch stability in particular.

Health 3

Profitability 100

Solvency 16

Growth 50

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

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

3 / 100 Critical

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 21-03-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	6.4%	40.9%	better than 13% of 11081 sector peers
Net result	€4k	€11k	better than 33% of 11063 sector peers
Equity	€7k	€34k	better than 17% of 11084 sector peers
Gross operating margin	€193k	€35k	better than 93% of 11054 sector peers
Staff costs	€117k	€25k	higher than 86% of 4035 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€14k
Net profit	€4k
Cash flow	€4k
Staff costs	€117k
Income taxes	€3k
Dividends	-
Total assets	€105k
Equity	€7k
Debt	€98k
of which ≤ 1y	€98k
of which > 1y	-
Working capital	€4k
Employees (FTE)	1.6

Ratios (computed)

	2024
Current ratio	1.04
Quick ratio	1.04
Working capital ratio	4.2%
Solvency	6.4%
Debt / equity	14.66
Long-term debt ratio	-
Interest coverage	1.85
Gross margin	-
Net margin	-
ROA	3.5%
ROE	55.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2k · 2.2% Current assets €103k · 97.8%

Equity & liabilities

Equity €7k · 6.4% Debt €98k · 93.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€105k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€100
Current assets	29/58	€103k
Amounts receivable within one year	40/41	€83k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€105k
Equity	10/15	€7k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€4k
Amounts payable	17/49	€98k
Amounts payable within one year	42/48	€98k
Trade debts payable within one year	44	€32k
Income statement
Gross operating margin	9900	€193k
Operating result	9901	€14k
Financial income	75	€977
Financial charges	65	€8k
Result before taxes	9903	€7k
Income taxes	67/77	€3k
Net result for the period	9904	€4k
Result to be appropriated	9905	€4k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	WIM DE SCHUYMER HEERWEG-ZUID 2/001, 9052 ZWIJNAARDE	04-11-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43240)
Legal form	Private limited company(610)
Incorporation	02-09-2022
Status	Active
Postal code	9000
First BS signal	10-11-2025
Latest BS signal	10-11-2025

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

BAGATOR

Bevrijdingslaan 123, 9000 GentAlgemene bouw van residentiële gebouwen

since 20222.335.553.429

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44810K0177/00S003	Flanders	182 m²	1 · 170 m²	12.1 m · 3 fl.
44816K0592/00N004	Flanders	169 m²	1 · 176 m²	12.1 m · 3 fl.

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.

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

10-11-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · BAGATOR BV FRANS VAN RYHOVELAAN 289/A, 9000 GENT · event 04-11-2025

02-10-2025

State Gazette act Director changes

21-03-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

17-01-2025

State Gazette act Registered-office change

2024

22-02-2024

State Gazette act Registered-office change

2023

23-08-2023

State Gazette act Capital & shares

28-02-2023

State Gazette act Registered-office change

Lifecycle & Insolvency Signals 1 events

10-11-2025

Bankruptcy Opening

Date: 04-11-2025 · Ondernemingsrechtbank Gent, afdeling Gent · BAGATOR BV FRANS VAN RYHOVELAAN 289/A, 9000 GENT · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 5 acts

Capital history · 1

23-08-2023

Capital change

Address history · 3

17-01-2025

Registered-office move

22-02-2024

Registered-office move

28-02-2023

Registered-office move

All acts · 5 updated 10 months ago

2025

02-10-2025 Celik Cetin resigns as director Director changes

Celik Cetin, Bestuurder

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Celik Cetin",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-09-19",
      "evidence_quote": "Dhr Celik Cetin overdraagt zijn 5 aandelen aan de heer Faruk Bagator en dhr Celik Cetin wordt ontslagen als bestuurder dit met ingang op 19/09/2025.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-10-02",
    "filing_date": "2025-09-24",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-09-19",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0790.401.035",
    "name_full": "BAGATOR",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

17-01-2025 Registered office moved within GENT Registered-office change

Bevrijdingslaan 123, 9000 GENT → Frans Van Ryhovelaan 289A 9000 GENT

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Frans Van Ryhovelaan 289A 9000 GENT",
        "city": "GENT",
        "region": "vlaams_gewest",
        "street": "Frans Van",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "289A",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Bevrijdingslaan 123, 9000 GENT",
        "city": "GENT",
        "region": "vlaams_gewest",
        "street": "Bevrijdingslaan",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "123",
        "locality_suffix": null
      },
      "effective_date": "2025-01-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "GENT",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2025-01-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2025-01-06",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0790.401.035",
    "name_full": "BAGATOR",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Faruk Bagator",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuuder"
  },
  "co_filed_documents": [
    "DOC 19 01"
  ]
}

2024

22-02-2024 Registered office moved to Gent Registered-office change

Bevrijdingslaan 123 - 9000 Gent

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Bevrijdingslaan 123 - 9000 Gent",
        "city": "Gent",
        "region": "vlaams_gewest",
        "street": "Bevrijdingslaan",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "123",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2024-02-13",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "missing",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-02-22",
    "filing_date": "2024-02-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2024-02-12",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0790.401.035",
    "name_full": "BAGATOR BESLOTEN VENNOOTSCHAP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "BAGATOR FARUK",
    "org_rep_person_name": null,
    "person_role_at_subject": "BESTUURDER"
  },
  "co_filed_documents": []
}

2023

23-08-2023 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "DEMIR RECEP",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BAGATOR FARUK",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "DEMIR RECEP",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BAGATOR FARUK",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-08-23",
    "filing_date": "2023-08-09",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": null,
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-06-30"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0790.401.035",
    "name_full": "BAGATOR",
    "legal_form": "BESLOTEN VENNOOTSCHAP",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "BAGATOR FARUK",
      "role": "aandeelhouder",
      "n_shares": 50,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "DEMIR RECEP",
      "role": "aandeelhouder",
      "n_shares": 50,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

28-02-2023 Registered office moved within Gent Registered-office change

BEVRIJDINGSLAAN 123-9000 GENT → Bevrijdingslaan 127-9000 Gent

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Bevrijdingslaan 127-9000 Gent",
        "city": "Gent",
        "region": "vlaams_gewest",
        "street": "Bevrijdingslaan",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "127",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "BEVRIJDINGSLAAN 123-9000 GENT",
        "city": "GENT",
        "region": "vlaams_gewest",
        "street": "BEVRIJDINGSLAAN",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "123",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-02-28",
    "filing_date": "2023-02-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2023-02-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0790.401.035",
    "name_full": "BAGATOR",
    "legal_form": "BESLOTEN VENNOOTSCHAP"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "BAGATOR FARUK",
    "org_rep_person_name": null,
    "person_role_at_subject": "BESTUURDER"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad",
    "Annexes du Moniteur belge"
  ]
}

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

AI-generated from Checked data; indicative, not legal or investment advice.

Company registry (CBE) Crossroads Bank

Activities

Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige reiniging van gebouwen; industriële reiniging81220Overige reiniging van gebouwen; industriële reiniging81220

Primary activity highlighted.

Names & trade names

Legal nameNL

BAGATOR

Registered office

Frans van Ryhovelaan 289 bus A

9000 Gent, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Same NACE

BATITEC BE 0456.348.277 · Asse

BINA CONCEPT BUSILA BE 0502.943.218 · Lummen

MIRATHERM BE 0419.744.833 · Sint-Jans-Molenbeek

A.D.L. BE 0468.013.023 · Maasmechelen

DAKWERKEN MEERSMAN A. BE 0474.965.052 · Oosterzele