Liquidity
45.75 was 6.38 in 2018
Short-term debts fell from €55,554 to €4,347.
BALKAT
Overview
Information for creditors
Enterprise Court of Liège, Liège division · Official Gazette of 02-02-2024Appeal or third-party opposition 17-02-2024Filing the claim in RegSol 28-02-2024First verification report 14-03-2024Late claim 29-01-2025
Trustee: Aline Faufra. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
11 annual accounts with figures on one time axispeak €36,749 (2013)
€14,698▲ 47.5%
peak €9,816 (2014)
€7,808▲ 83.8%
peak €77,772 (2019)
€77,772▲ 11.2%
€133,097▼ 55.7%
peak 0.5 FTE (2010)
-not published
Board3 names since 2021
-
Documentsfilings and deeds
21-09-202052 days late
2019micro format
Gross margin from €9,962 to €14,698Result from €4,248 to €7,808Debts from €300,304 to €133,097Cash from €3,219 to €2,052
Key points
from the 2019 annual accounts, the last ones filedFilings
11 annual accounts since 2009
Eight of the last ten came late. The 2017 accounts came latest: 61 days after the end of the period.
Lifetime
15 years from 2009 to 2024
No score
Recent changes
Bankruptcy published
Enterprise Court of Liège, Liège division · judgment of 29-01-2024 · Bankruptcy
Registered office moved from Sint-Truiden to Herstal
New registered office: Rue de hermee 255, 4040 Herstal · Previous registered office: Brustem-Dorp 17, 3800 Sint-Truiden · General meeting of 20-06-2022 · Gazette deed
Transfer of 100 shares from Hashim Salim Beysim to Akif Shaib Sabri
Resignation: Hashim Salim Beysim (director) · Appointment: Akif Shaib Sabri (director) · Director discharge: Hashim Salim Beysim · General meeting of 18-04-2022 · Gazette deed
Registered office moved from Heusden-Zolder to Sint-Truiden
New registered office: Brustem-Dorp 17, 3800 Sint-Truiden · Previous registered office: Koolmijnlaan 66, 3550 Heusden-Zolder · General meeting of 05-01-2022 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 29-01-2024
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.227.745.4513550 Heusden-Zolder, since 01-01-2011
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2019
- €14,698▲ 47.5%
- ≈ €110,000estimated
- €7,808▲ 83.8%
- €77,772▲ 11.2%
- €210,869▼ 43.0%
- Filing
- Filed on 21-09-2020
Insights on BALKAT
On 29 January 2024 the court declared BALKAT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2019
micro format, filed on 21-09-2020, 52 days late€14,698
▲ 47.5%
€9,937
▲ 104%
€13,937
▲ 57.0%
€11,808
▲ 43.2%
36.9%
▲ 18.0 percentage points
45.75
▲ 39.37
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €51,000 and €270,000.
Money flows
no detail for 2019Balance sheet
balance sheet total €210,869 on 31-12-2019What the company ownsHow it is paid for
in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
210,869 | 370,268 | 361,679 | 264,536 | 190,602 | 188,000 | 231,057 | 109,514 | 83,489 | 79,170 | 55,217 | |
21/28 |
12,000 | 16,000 | 20,821 | 27,762 | 32,804 | 58,788 | 73,247 | 47,990 | 63,871 | 74,732 | 50,133 | |
22/27 |
12,000 | 16,000 | 20,821 | 27,762 | 32,804 | 58,788 | 73,247 | 47,990 | 63,871 | 74,732 | 50,133 | |
23 |
1,500 | 2,000 | - | - | - | 9,622 | 11,564 | 13,904 | 24,127 | 31,893 | 37,126 | |
24 |
10,500 | 14,000 | 20,821 | 27,762 | 8,020 | 18,739 | 25,613 | 2,799 | 3,857 | 3,431 | 3,794 | |
26 |
- | - | - | - | 24,784 | 30,427 | 36,070 | 31,287 | 35,887 | 39,408 | 9,213 | |
29/58 |
198,869 | 354,268 | 340,858 | 236,774 | 157,798 | 129,212 | 157,810 | 61,524 | 19,618 | 4,438 | 5,084 | |
3 |
196,817 | 351,049 | 335,264 | 228,006 | 148,609 | 122,820 | 149,507 | 58,880 | 18,092 | 1,875 | - | |
30/36 |
196,817 | 351,049 | 335,264 | 228,006 | 148,609 | 122,820 | 149,507 | 58,880 | 18,092 | 1,875 | - | |
40/41 |
- | - | - | - | - | - | - | - | - | 2,190 | 2,649 | |
41 |
- | - | - | - | - | - | - | - | - | 2,190 | 2,649 | |
54/58 |
2,052 | 3,219 | 5,594 | 8,768 | 9,189 | 6,392 | 8,303 | 2,644 | 1,526 | 373 | 2,435 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
210,869 | 370,268 | 361,679 | 264,536 | 190,602 | 188,000 | 231,057 | 109,514 | 83,489 | 79,170 | 55,217 | |
10/15 |
77,772 | 69,964 | 65,716 | 60,967 | 53,060 | 45,681 | 35,865 | 26,271 | 24,157 | 10,371 | 8,998 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
14 |
57,312 | 49,504 | 45,256 | 40,507 | 32,600 | 25,221 | 15,405 | 5,811 | 3,697 | 2,311 | 938 | |
17/49 |
133,097 | 300,304 | 295,963 | 203,569 | 137,542 | 142,319 | 195,192 | 83,243 | 59,332 | 68,799 | 46,219 | |
17 |
128,750 | 244,750 | 244,750 | 144,750 | 65,000 | 65,000 | 67,771 | - | - | - | - | |
170/4 |
128,750 | 244,750 | 244,750 | 144,750 | 65,000 | 65,000 | 67,771 | - | - | - | - | |
42/48 |
4,347 | 55,554 | 51,213 | 58,819 | 72,542 | 77,319 | 127,421 | 83,243 | 59,332 | 68,799 | 46,219 | |
42 |
- | 15,000 | 15,000 | 15,000 | 15,000 | 17,771 | 23,182 | - | - | - | - | |
45 |
3,273 | 4,192 | 8,253 | 8,122 | 9,171 | 7,915 | 17,516 | 3,162 | 4,516 | 1,568 | 1,001 | |
450/3 |
3,273 | 4,192 | 8,253 | 8,122 | 9,171 | 7,915 | 17,516 | 3,162 | 4,516 | 1,568 | 1,001 | |
47/48 |
1,074 | 36,362 | 27,960 | 35,697 | 48,371 | 51,633 | 86,723 | 80,081 | 54,816 | 67,231 | 45,218 | |
| Income statement | ||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 159,842 | |
76A |
- | 2,479 | - | 4,196 | 19,548 | - | 4,272 | - | - | - | - | |
9900 |
14,698 | 9,962 | 17,277 | 15,900 | 5,998 | 33,246 | 36,749 | 20,919 | 24,487 | 31,585 | 15,060 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 144,782 | |
62 |
- | - | - | - | - | 890 | 791 | 63 | 4,480 | 12,740 | 102 | |
630 |
4,000 | 4,000 | 6,941 | 6,941 | 9,653 | 17,500 | 26,125 | 16,892 | - | 15,632 | 10,257 | |
631/4 |
- | - | - | - | - | - | - | - | 16,689 | - | - | |
640/8 |
761 | 1,086 | 2,948 | 1,537 | 2,044 | 1,765 | 1,187 | 987 | 1,160 | 1,162 | 810 | |
66A |
- | 1,821 | - | - | 3,441 | - | - | - | - | - | - | |
9901 |
9,937 | 4,876 | 7,388 | 7,422 | -5,699 | 13,091 | 8,646 | 2,977 | 2,158 | 2,051 | 3,891 | |
75/76B |
- | 2,479 | - | 4,196 | - | - | - | - | - | - | - | |
76B |
- | 2,479 | - | 4,196 | - | - | - | - | - | - | - | |
65/66B |
2,129 | 2,045 | 161 | 115 | 120 | 3 | 649 | 120 | 285 | 111 | 92 | |
65 |
177 | 224 | 161 | 115 | 120 | 3 | 649 | 120 | 285 | 111 | 92 | |
66B |
1,952 | 1,821 | - | - | - | - | - | - | - | - | - | |
9903 |
7,808 | 5,310 | 7,227 | 11,503 | 10,288 | 13,088 | 12,269 | 2,857 | 1,873 | 1,940 | 3,799 | |
67/77 |
- | 1,062 | 2,478 | 3,596 | 2,909 | 3,272 | 2,675 | 743 | 487 | 567 | 1,001 | |
9904 |
7,808 | 4,248 | 4,749 | 7,907 | 7,379 | 9,816 | 9,594 | 2,114 | 1,386 | 1,373 | 2,798 | |
9905 |
7,808 | 4,248 | 4,749 | 7,907 | 7,379 | 9,816 | 9,594 | 2,114 | 1,386 | 1,373 | 2,798 | |
| Appropriation of the result | ||||||||||||
9906 |
57,312 | 49,504 | 45,256 | 40,507 | 32,600 | 25,221 | 15,405 | 5,811 | 3,697 | 2,311 | 2,798 | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
| Social balance sheet | ||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | 0.5 | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 114 | 988 | - | |
| Document | ||||||||||||
Source: Annual accounts 2019 (PDF), filed on 21-09-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank2019 annual accounts filed 52 days after the deadline. Filed on 21 September 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-54500327.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | micro format | 21-09-2020 | 2020-54500327 | |
| 31-12-2018 | abbreviated format | 13-07-2019 | 2019-33700160 | |
| 31-12-2017 | abbreviated format | 30-09-2018 | 2018-67100191 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-54800427 | |
| 31-12-2015 | abbreviated format | 23-08-2016 | 2016-45400239 | |
| 31-12-2014 | abbreviated format | 25-07-2015 | 2015-35300188 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-57400567 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-47400087 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-55300087 | |
| 31-12-2010 | abbreviated format | 19-08-2011 | 2011-41000220 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-47800416 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,937 | 8,876 | 14,329 | 14,363 | 3,954 | 30,591 | 34,771 | 19,869 | - | 17,683 | 14,148 | ||
| 11,808 | 8,248 | 11,690 | 14,848 | 17,032 | 27,316 | 35,719 | 19,006 | - | 17,005 | 13,055 | ||
| 0 | 20,000 | 0 | 34,702 | -16,331 | 3,042 | 51,383 | 1,011 | 5,829 | 40,231 | 60,390 | ||
| -1,167 | -2,375 | -3,174 | -421 | 2,797 | -1,911 | 5,659 | 1,118 | 1,153 | -2,062 | - | ||
| 194,522 | 298,714 | 289,645 | 177,955 | 85,256 | 51,893 | 30,389 | -21,719 | -39,714 | -64,361 | -41,135 | ||
| - | - | - | - | - | - | - | - | - | - | 2.4% | ||
| 36.9% | 18.9% | 18.2% | 23.0% | 27.8% | 24.3% | 15.5% | 24.0% | 28.9% | 13.1% | 16.3% | ||
| 45.75 | 6.38 | 6.66 | 4.03 | 2.18 | 1.67 | 1.24 | 0.74 | 0.33 | 0.06 | 0.11 | ||
| 0.47 | 0.06 | 0.11 | 0.15 | 0.13 | 0.08 | 0.07 | 0.03 | 0.03 | 0.04 | 0.11 | ||
| 1.71 | 4.29 | 4.50 | 3.34 | 2.59 | 3.12 | 5.44 | 3.17 | 2.46 | 6.63 | 5.14 | ||
| 10.0% | 6.1% | 7.2% | 13.0% | 13.9% | 21.5% | 26.8% | 8.0% | 5.7% | 13.2% | 31.1% | ||
| 3.7% | 1.1% | 1.3% | 3.0% | 3.9% | 5.2% | 4.2% | 1.9% | 1.7% | 1.7% | 5.1% | ||
| - | - | - | - | - | - | - | - | - | - | 6 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on BALKAT
The operating result for 2019 is 104% higher than in 2018 and the highest since 2014. It is a recovery after the fall in 2018.
Debt's share of the balance-sheet total falls from 81.1% to 63.1%. Equity is higher and debt is lower.
Board & ownership
Curator
the curator has managed the company since 29-01-2024Last board
1 director, last change in 2022Mandates through the years
3 names, the dashed line is todayBoardEarliermandate already running before its first mentionBankruptcy 29-01-2024
Mandates as a list
- Akif Shaib Sabri
- Director, appointed by deed of 11-05-2022, until the bankruptcy of 29-01-2024
- Hashim Salim Beysim
- Director, appointed by deed of 21-10-2021, until 11-05-2022
- BALCI Sebahaddin
- Director, until 01-08-2021
Control
Capital
- Capital
- €18,600
- Source
- 2019 annual accounts
Shareholders
Stated in the deed
deed of 11-05-2022 ↗
- Akif Shaib Sabri all shares
Share transfer
deed of 11-05-2022 ↗
- Hashim Salim Beysim to Akif Shaib Sabri 100 shares
Stated in the deed
deed of 21-10-2021 ↗
- BALCI Sebahaddin
- HASHIM Salim Beysim 100 shares
Share transfer
deed of 21-10-2021 ↗
Network & group
No group
BALKAT has no parent and no holdings in its annual accounts. Akif Shaib Sabri is the only director. BALKAT shares no director with another company.
At the same address
9 other companies| TELIX INNOVATIONS
registered office since 27-03-2015 · founded in 2015 |
turnover €243.8m (2025) 0627.636.718 |
| TRIANGLE SOLUTIONS RH
establishment since 06-07-2021 · founded in 1992 |
371 FTE (2025) 0446.710.536 |
| Olivia Garden
registered office since 01-07-1970 · founded in 1970 |
37 FTE (2025) 0407.321.014 |
| PHSE Belgium
registered office since 12-02-2007 · founded in 2007 |
total assets €559,221 (2025) 0887.339.865 |
| ECO-PROTEC
establishment since 25-10-2001 · founded in 2001 |
turnover €249,797 (2025) 0475.648.804 |
| NET SERVICES
registered office since 28-12-2007 · founded in 2007 |
total assets €107,971 (2024) 0894.527.664 |
| Triangle solutions RH construction
registered office since 26-04-2018 · founded in 2018 · negative equity (2025) |
total assets €1,130 (2025) 0695.507.519 |
| WORLD UNION OF KARATE DO FEDERATIONS
registered office since 26-02-2014 |
founded in 2014 0546.905.004 |
| World Union Karaté Do Fédération Belgium
registered office since 10-04-1991 |
founded in 1991 0444.985.916 |
Timeline
Timeline
23 events since 2009Board
Capital
Filings
Financial
Establishments
Insolvency
Address
201020122014201620182020202220242026
2024
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 29-01-2024
2022
Registered office moved from Sint-Truiden to HerstalNew registered office: Rue de hermee 255, 4040 Herstal · Previous registered office: Brustem-Dorp 17, 3800 Sint-Truiden · General meeting of 20-06-20222 points ▸
- General meeting, 20-06-2022
- Registered-office move, Rue de hermee 255, 4040 Herstal
Transfer of 100 shares from Hashim Salim Beysim to Akif Shaib SabriResignation: Hashim Salim Beysim (director) · Appointment: Akif Shaib Sabri (director) · Director discharge: Hashim Salim Beysim · General meeting of 18-04-20226 points ▸
- General meeting, 18-04-2022
- Director resignation, Hashim Salim Beysim
- Director discharge, Hashim Salim Beysim
- Director appointment, Akif Shaib Sabri
- Share transfer, Hashim Salim Beysim → Akif Shaib Sabri, 100 shares
- Akif Shaib Sabri holds all the shares
- The deed holds 1 more point.
Registered office moved from Heusden-Zolder to Sint-TruidenNew registered office: Brustem-Dorp 17, 3800 Sint-Truiden · Previous registered office: Koolmijnlaan 66, 3550 Heusden-Zolder · General meeting of 05-01-20222 points ▸
- General meeting, 05-01-2022
- Registered-office move, Brustem-Dorp 17, 3800 Sint-Truiden
2021
Resignation: BALCI Sebahaddin (director)Transfer of shares from BALCI Sebahaddin to HASHIM Salim Beysim · Appointment: HASHIM Salim Beysim (director) · BALCI Sebahaddin is a shareholder · General meeting of 01-08-20216 points ▸
- Share transfer, BALCI Sebahaddin → HASHIM Salim Beysim
- Director resignation, BALCI Sebahaddin
- Director appointment, HASHIM Salim Beysim
- General meeting, 01-08-2021
- BALCI Sebahaddin is a shareholder
- HASHIM Salim Beysim holds 100 shares
Registered office moved within Heusden-ZolderNew registered office: Koolmijnlaan 66, 3550 Heusden-Zolder · Previous registered office: Koolmijnlaan 44 bus 1, 3550 Heusden-Zolder · General meeting of 27-03-20212 points ▸
- General meeting, 27-03-2021
- Registered-office move, Koolmijnlaan 66, 3550 Heusden-Zolder
2020
Registered office moved within Heusden-ZolderNew registered office: Koolmijnlaan 44 bus 1, 3550 Heusden-Zolder · Previous registered office: Koolmijnlaan 44, 3550 Heusden-Zolder · General meeting of 21-09-20202 points ▸
- General meeting, 21-09-2020
- Registered-office move, Koolmijnlaan 44 bus 1, 3550 Heusden-Zolder
Annual accounts 2019 filed PDFmicro format · 52 days late
2019
Liquidity more than 7 times current ratio 45.75 The current ratio rises from 6.38 to 45.75. Short-term debt falls from €55,554 to €4,347.
Annual accounts 2018 filed PDFabbreviated format · 18 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 61 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 29 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 23 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 6 days before the deadline
2014
Highest result from 2009 to 2019 net €9,816 ▲2.3% The operating result of €13,091 and the net result of €9,816 are both a record.
Annual accounts 2013 filed PDFabbreviated format · 31 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 28 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 19 days late
First establishment Istanbul Juwelier, Koolmijnlaan 66, Heusden-Zolder
2010
Weakest financial year net €1,373 ▼50.9% The net result drops to €1,373, the lowest from 2009 to 2019.
Annual accounts 2009 filed PDFabbreviated format · 31 days late
2009
Incorporation PDF13 publications in the Belgian Official Gazette, the last on 02-08-2022 · published on 19-01-2009
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0808.929.322
- VAT number
- BE 0808.929.322
- Legal form
- Private limited company (pre-2019)
- Status
- In bankruptcy, since 29-01-2024
- Founded
- 06-01-2009
- Financial year
- ends on 31 December
- Peppol
- Not found in the Peppol Directory
- Name
- BALKAT in Dutch
- Entity type
- Legal entity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Istanbul Juwelier Koolmijnlaan 66, 3550 Heusden-Zolder 4618034 Agents specialised in the wholesale of other particular products | 01-01-2011 | 2.227.745.451 |
2 former offices
- Brustem-Dorp 17, 3800 Sint-Truiden until the deed of 02-08-2022
- Koolmijnlaan 66, 3550 Heusden-Zolder until 05-01-2022 · deed of 28-02-2022
Buildings and parcels at the addresses
- Ground area
- 3,422 m²
- Buildings
- 229 m²
- Volume, LiDAR
- 1,912 m³
- Tallest building
- 11.4 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62312A0308/00D000 | Wallonia | 3,113 m² | - | - |
| 71502B0072/00F002 | Flanders | 309 m² | 1 · 229 m² | 11.4 m · 3 |
Contact
E-mail
balkatbvba@gmail.com establishment in Heusden-Zolder