Skip to content

BAKTASH

Active
Private limited companyfounded 20233 yrs activeZeedijk 104, 8370 Blankenberge, BelgiumKBO/BCE: BE 1000.323.683
Summary

The computed 12-month bankruptcy probability of BAKTASH is 6.8% (elevated). The 2024 annual accounts show equity of €6,860 and a net result of -€3,140. Its solvency ranks better than 52% of 18935 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
Axes
Profitability41
Solvency57
Growth-
Track record79
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.23; short-term debt: 68.3% and cash: 73.9% of total assets), and 68.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
31.7%
Return on assets
-14.5%
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 03-12-2025, 125 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 filing
Deviation from the deadline
2024
125 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 125 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 26 September 2023, BAKTASH was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€449,148
EBIT margin
-0.7%
Net result
-€3,140
Working capital
€3,336

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

Balance-sheet composition
Assets €21,649
Fixed assets €3,525
Current assets €18,125
Equity and liabilities €21,649
Equity €6,860
Debt €14,789
Debt finances 68.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€394
Cash flow
€385
Current ratio
1.23
Debt to equity
2.16
ROE
-45.8%
ROA
-14.5%
Interest coverage
43.75
Debt ≤ 1 year
€14,789
Staff costs
€98,409

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€21,649
Fixed assets21/28€3,525
Tangible fixed assets22/27€3,525
Plant, machinery and equipment23€2,450
Furniture and vehicles24€1,075
Current assets29/58€18,125
Amounts receivable within one year40/41€2,117
Trade receivables40€2,117
Cash at bank and in hand54/58€16,007
Equity and liabilities
Total equity and liabilities10/49€21,649
Equity10/15€6,860
Contributions10/11€10,000
Profit (loss) carried forward14-€3,140
Amounts payable17/49€14,789
Amounts payable within one year42/48€14,789
Trade debts44€12,965
Suppliers440/4€12,965
Taxes, remuneration and social security45€1,824
Taxes450/3€1,354
Remuneration and social security454/9€470
Income statement Code2024
Turnover70€449,148
Goods, raw materials, services and sundry goods60/61€342,726
Remuneration, social security and pensions62€98,409
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,525
Other operating charges640/8€7,620
Gross operating margin9900€106,422
Operating profit (loss)9901-€3,131
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903-€3,140
Profit (loss) for the period9904-€3,140
Profit (loss) for the period to be appropriated9905-€3,140
Appropriation of the result
Profit (loss) to be appropriated9906-€3,140

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

Line2024
Turnover70€449,148
Goods, raw materials, services and sundry goods60/61€342,726
Remuneration, social security and pensions62€98,409
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,525
Other operating charges640/8€7,620
Gross operating margin9900€106,422
Operating profit (loss)9901-€3,131
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903-€3,140
Profit (loss) for the period9904-€3,140
Profit (loss) for the period to be appropriated9905-€3,140
Line2024
Assets
Total assets20/58€21,649
Fixed assets21/28€3,525
Tangible fixed assets22/27€3,525
Plant, machinery and equipment23€2,450
Furniture and vehicles24€1,075
Current assets29/58€18,125
Amounts receivable within one year40/41€2,117
Trade receivables40€2,117
Cash at bank and in hand54/58€16,007
Equity and liabilities
Total equity and liabilities10/49€21,649
Equity10/15€6,860
Contributions10/11€10,000
Profit (loss) carried forward14-€3,140
Amounts payable17/49€14,789
Amounts payable within one year42/48€14,789
Trade debts44€12,965
Suppliers440/4€12,965
Taxes, remuneration and social security45€1,824
Taxes450/3€1,354
Remuneration and social security454/9€470
Line2024
Profit (loss) for the period9904-€3,140
+ Depreciation and write-downs630€3,525
Operating cash flow (approximation)€385

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
03-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 125 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Blankenberge · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
269 m²
Building footprint
264 m²
Volume, LiDAR
6,486 m³
Parcel 31004A0003/00P000, Flanders · tallest building 35.8 m, ±8 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BAKTASH
Zeedijk 104, 8370 BlankenbergeFood and beverage service activities
since 20232.352.924.446
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31004A0003/00P000 Flanders 269 m² 1 · 264 m² 35.8 m · 8 fl.
Linked by address, not proof of ownership
Good to know
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
Blankenberge2.352.924.446
1 permission
Toelating · Eetgelegenheid · since 19-12-2023

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,467. 5,944 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Contact
E-mail baktashbv@gmail.com
Phone 0466407090
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000323683
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.