Result
€29,203 ▼ 67.9%
The result fell in 2024 from €90,952 to €29,203.
Bars Global
Overview
Information for creditors
Enterprise Court of Hainaut, Charleroi division · Official Gazette of 05-12-2025Appeal or third-party opposition 20-12-2025Filing the claim in RegSol 31-12-2025First verification report 28-01-2026Late claim until 01-12-2026
- Violette Meuniertrusteeviolette.meunier@avocat.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Thierry Henrot
- Official Gazette
- 05-12-2025search the document for 2025/150407
Deadlines
- Provisional date payments stopped
- 1 December 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition
- passed on 20 December 2025art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 31 December 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 28 January 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 1 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Violette MeunierRue Du Parc 29, 6000 Char- Leroiviolette.meunier@avocat.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 1 December 2026, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
3 annual accounts with figures on one time axispeak €690,826 (2024)
€690,826▲ 18.2%
peak €90,952 (2023)
€29,203▼ 67.9%
peak €190,064 (2024)
€190,064▲ 20.4%
€683,083▲ 30.4%
Board3 names since 2021
3 directorsKARAKILIC Erkan and 2 others
Documentsfilings and deeds
10-09-202541 days late
2024micro format
Turnover from €584,611 to €690,826Gross margin from €213,709 to €74,746Result from €90,952 to €29,203Registered office moved from Châtelet to Brussels 29-08Equity from €157,861 to €190,064Debts from €523,929 to €683,083
Key points
from the 2024 annual accounts, the last ones filedDebts
€683,083 78% of the balance sheet
Financial debts 52%Suppliers 7%Taxes and wages 10%Other 31%
Of this, €175,733 falls due within a year.
Investments
€24,885 1.7 × depreciation
Green is investment, beige is depreciation.
Payment terms
28 days to suppliers
Bars Global pays its suppliers 102 days earlier than in 2023. Customers pay 37 days earlier.
Liquidity
4.70 was 1.73 in 2023
Short-term debts fell from €373,929 to €175,733.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 67 days after the end of the period.
No score
Recent changes
Bankruptcy published
Enterprise Court of Hainaut, Charleroi division · judgment of 01-12-2025 · Bankruptcy
Purpose change · Amendment of the articles
“La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail…” (deed in French) · Savas DURMAZ holds 100 shares · General meeting of 20-08-2025 · Gazette deed
Registered office moved from Brussels to Chatelineau
New registered office: Rue Wilmart 63 à 6200 Chatelineau · Previous registered office: Boulevard Bischoffsheim, 39 boîte 4 à 1000 Bruxelles · General meeting of 16-04-2025 · Gazette deed
Address struck
KBO administration
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 01-12-2025
- Activity
- Agents in the wholesale of timber and building materialsNACE 46130and 8 others
- Establishment unit
- 2.362.889.9106200 Châtelet, since 26-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2024
- €690,826▲ 18.2%
- €29,203▼ 67.9%
- €190,064▲ 20.4%
- €873,148▲ 28.1%
- ≈ 0 FTEestimated
- Filing
- Filed on 10-09-2025
Insights on Bars Global
On 1 December 2025 the court declared Bars Global bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 10-09-2025, 41 days late€690,826
▲ 18.2%
€56,963
▼ 55.6%
€71,570
▼ 49.1%
€43,809
▼ 57.6%
21.8%
▼ 1.4 percentage points
4.70
▲ 2.98
Money flows
of every €100 of turnover, €4.23 remains as profit in 2024Balance sheet
balance sheet total €873,148 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
21.8%
Higher than 36% of 15,428 companies in 2024.
4.70
Higher than 81% of 14,730 companies in 2024.
3.3%
Higher than 51% of 14,947 companies in 2024.
Bars Global
Middle half of the sector
80% of the sector
Micro accounts in wholesale trade (NACE 46)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
873,148 | 681,791 | 452,988 | |
21/28 |
46,477 | 36,199 | 47,244 | |
22/27 |
45,227 | 34,949 | 47,244 | |
24 |
45,227 | 34,949 | 47,244 | |
28 |
1,250 | 1,250 | - | |
29/58 |
826,670 | 645,592 | 405,745 | |
3 |
680,788 | 538,441 | 341,979 | |
30/36 |
680,788 | 538,441 | 341,979 | |
40/41 |
53,482 | 104,808 | 59,176 | |
40 |
48,216 | 100,042 | 54,410 | |
41 |
5,266 | 4,766 | 4,766 | |
54/58 |
92,400 | 2,343 | 4,590 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
873,148 | 681,791 | 452,988 | |
10/15 |
190,064 | 157,861 | 66,909 | |
10/11 |
3,000 | - | - | |
14 |
187,064 | 157,861 | 66,909 | |
17/49 |
683,083 | 523,929 | 386,079 | |
17 |
507,350 | 150,000 | - | |
170/4 |
357,350 | - | - | |
175 |
150,000 | 150,000 | - | |
42/48 |
175,733 | 373,929 | 386,079 | |
44 |
47,321 | 131,889 | 301,962 | |
440/4 |
47,321 | 131,889 | 301,962 | |
45 |
66,315 | 128,314 | 37,448 | |
450/3 |
43,914 | 101,687 | 26,059 | |
454/9 |
22,401 | 26,627 | 11,390 | |
47/48 |
62,098 | 113,727 | 46,669 | |
| Income statement | ||||
70 |
690,826 | 584,611 | 321,690 | |
76A |
3,530 | - | - | |
9900 |
74,746 | 213,709 | 117,926 | |
60/61 |
619,609 | 370,902 | 203,764 | |
62 |
600 | 58,130 | 25,218 | |
630 |
14,606 | 12,295 | 7,647 | |
640/8 |
2,051 | 6,732 | 628 | |
66A |
525 | 8,113 | 250 | |
9901 |
56,963 | 128,438 | 84,183 | |
75/76B |
0 | 63 | 173 | |
75 |
0 | 63 | 173 | |
65/66B |
12,970 | 1,356 | 32 | |
65 |
12,970 | 1,356 | 32 | |
9903 |
43,994 | 127,146 | 84,324 | |
67/77 |
14,791 | 36,193 | 17,415 | |
9904 |
29,203 | 90,952 | 66,909 | |
9905 |
29,203 | 90,952 | 66,909 | |
| Appropriation of the result | ||||
9906 |
187,064 | 157,861 | 66,909 | |
14P |
157,861 | 66,909 | - | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 10-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 41 days after the deadline. Filed on 10 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00488313.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| 71,570 | 140,733 | 91,830 | ||
| 43,809 | 103,247 | 74,556 | ||
| 24,885 | 1,250 | 54,891 | ||
| 90,057 | -2,247 | - | ||
| 650,937 | 271,663 | 19,665 | ||
| 8.2% | 22.0% | 26.2% | ||
| 21.8% | 23.2% | 14.8% | ||
| 4.70 | 1.73 | 1.05 | ||
| 0.83 | 0.29 | 0.17 | ||
| 3.59 | 3.32 | 5.77 | ||
| 15.4% | 57.6% | 100.0% | ||
| 3.3% | 13.3% | 14.8% | ||
| 5.52 | over 100 | over 100 | ||
| 25 days | 62 days | 62 days | ||
| 28 days | 130 days | 541 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.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Tangible fixed assets | €24,885 | - | €54,891 |
| Financial fixed assets | - | €1,250 | - |
| €14,606 | €12,295 | €7,647 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Insights on Bars Global
The operating result for 2024 is 56% lower than in 2023 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 76.8% to 78.2%. Equity and debt are higher.
Board & ownership
Curator
the curator has managed the company since 01-12-2025Last board
3 directors, no change since 2022Director
Director (not named in the articles)
appointed by deed of 28-10-2021
earlier director, until 01-06-2022
Mandates through the years
3 names, the dashed line is todayBoardEarlierBankruptcy 01-12-2025
Mandates as a list
- KARAKILIC Erkan
- Director (not named in the articles), appointed by deed of 28-10-2021, until 01-06-2022
- Director (not named in the articles), appointed by deed of 28-10-2021, until the bankruptcy of 01-12-2025
- Durmaz Savas
- Director, appointed by deed of 22-06-2022, until the bankruptcy of 01-12-2025
- Dumaz Savas
- Director, appointed by deed of 22-06-2022, until the bankruptcy of 01-12-2025
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €1,901 in 2024
- Source
- deed of 28-10-2021
Articles of association
deed of 28-10-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
Stated in the deed
deed of 22-08-2025 ↗
- Savas DURMAZ 100 shares
Share transfer
deed of 22-06-2022 ↗
- Karakilic Erkan to Dumaz Savas all shares
Stated in the deed
deed of 06-05-2022 ↗
- KARAKILIC Erkan all shares
At incorporation
deed of 28-10-2021 ↗
- KARAKILIC Erkan 100 shares (100%) · €3,000 in cash
The directors' other companies
1 last director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2026).
- ATG GROUPE bankruptcy on 05-01-2026Official Gazetteappointed in 2024, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
Bars Global has no parent and no holdings in its annual accounts.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ATG GROUPE
via Durmaz Savas · Director · deed of 04-10-2024
Open bankruptcy · founded in 2021 · total assets €547,640 (2024)
→
Timeline
Timeline
16 events since 2021Board
Capital
Filings
Financial
Establishments
Insolvency
Address
Other
202220242026
2025
Bankruptcy published Enterprise Court of Hainaut, Charleroi division · judgment of 01-12-2025
Annual accounts 2024 filed PDFmicro format · 41 days late
Purpose change · Amendment of the articles“La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail…” (deed in French) · Savas DURMAZ holds 100 shares · General meeting of 20-08-20252 points ▸
- General meeting, 20-08-2025
- Savas DURMAZ holds 100 shares
- The deed holds 7 more points.
Registered office moved from Brussels to ChatelineauNew registered office: Rue Wilmart 63 à 6200 Chatelineau · Previous registered office: Boulevard Bischoffsheim, 39 boîte 4 à 1000 Bruxelles · General meeting of 16-04-20252 points ▸
- General meeting, 16-04-2025
- Registered-office move, Rue Wilmart 63 à 6200 Chatelineau
Address struck
2024
Weakest financial year net €29,203 ▼67.9% The net result drops to €29,203, the lowest from 2022 to 2024.
Liquidity more than doubled current ratio 4.70 The current ratio rises from 1.73 to 4.70. Short-term debt falls from €373,929 to €175,733.
Annual accounts 2023 filed PDFmicro format · 67 days late
Registered office moved from Châtelet to BrusselsNew registered office: Boulevard Bischoffsheim, 39 à 1000 Bruxelles · Previous registered office: Rue Wilmart, 63 à 6200 Chatelet · Registered office clause: Rue Wilmart, 63 à 6200 Chatelet · General meeting of 08-08-20243 points ▸
- Registered office clause, Rue Wilmart, 63 à 6200 Chatelet
- General meeting, 08-08-2024
- Registered-office move, Boulevard Bischoffsheim, 39 à 1000 Bruxelles
2023
Highest result from 2022 to 2024 net €90,952 ▲35.9% The operating result of €128,438 and the net result of €90,952 are both a record.
Equity above €150,000 equity €157,861 ▲136% With a profit in every financial year since 2022, equity grows to €157,861.
Annual accounts 2022 filed PDFmicro format · 38 days before the deadline
2022
Resignation: Karakilic Erkan (director)Transfer of shares from Karakilic Erkan to Dumaz Savas · Appointment: Dumaz Savas (director) · General meeting of 31-05-20224 points ▸
- General meeting, 31-05-2022
- Share transfer, Karakilic Erkan → Dumaz Savas
- Director resignation, Karakilic Erkan
- Director appointment, Dumaz Savas
Purpose change · Amendment of the articles“La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail…” (deed in French) · Director in office: KARAKILIC Erkan · KARAKILIC Erkan holds all the shares · General meeting of 03-05-20224 points ▸
- General meeting, 03-05-2022
- KARAKILIC Erkan holds all the shares
- Purpose change, “La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail de matériaux de construction de tous types ainsi…” (deed in French)
- Amendment of the articles, article 3
- The deed holds 4 more points.
2021
IncorporationFounding capital of €3,000, 100 shares · Founder: KARAKILIC Erkan · Appointment: KARAKILIC Erkan (director) · published on 28-10-20216 points ▸
- Founder, KARAKILIC Erkan
- Founding capital, €3,000, 100 shares
- KARAKILIC Erkan holds 100 shares
- Registered office clause, Rue Wilmart, 63 à 6200 Chatelineau
- Director appointment, KARAKILIC Erkan (director (not named in the articles))
- Permanent representative, KARAKILIC Erkan
- The deed holds 5 more points.
First establishment Rue Wilmart 63, Châtelet
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
Bars Global was incorporated on 26 October 2021 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office moved to Brussels in 2024 and to Chatelineau in 2025.34 The board currently has 3 members.5 Turnover grew from €321,690 in 2022 to €690,826 in 2024.6 On 1 December 2025 the company was declared bankrupt.7
Company details
Identity
- Enterprise number
- 0776.516.771
- VAT number
- BE 0776.516.771
- Legal form
- Private limited company
- Status
- In bankruptcy, since 01-12-2025
- Founded
- 26-10-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 19:00deed of 28-10-2021 (in French)
- Peppol
- Not found in the Peppol Directory
- Name
- Bars Global in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-10-2021 (in French)
- Name clauseThe company operates under this name according to its articles.
- Bars Globaldeed of 28-10-2021 (in French)
Activities
NACEBEL 202546130
Agents in the wholesale of timber and building materials main activity
47812
Retail trade
Codes under NACEBEL 2008
46130
Wholesale trade main activity
41201
General construction of buildings
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail de matériaux de construction…”deed of 22-08-2025 (in French)
17 activities
- La construction, la rénovation, ainsi que l’achat, la vente, l’import, l’export, en gros, demi-gros et détail de matériaux de construction de tous types ainsi qu’en matière de quincaillerie, verre, matériaux et équipements sanitaires, de chauffage et de plomberie, bois, papier peint, peinture, isolation, tout type de revêtement de sol, carrelage, outillage, matériel électrique et d’éclairage, portes, châssis de tous types, matériaux de toiture, matériaux de plafonnage
- La gestion de centre équestre, de haras d’élevage de chevaux, de centre spécialisé d’entraînement de chevaux de sport et la gestion de centre d’entraînement spécialisé pour cavaliers, de centre de sport et loisirs en général, d’un centre spécialisé dans la reproduction du cheval de sport, d’un centre d’étalons
- L’organisation de stages multiples d’entraînement équestre, de concours hippiques, d’évènements sportifs, d’évènements commerciaux en tout genre
- L’hébergement des cavaliers, des entraîneurs, du personnel et des visiteurs, gîtes à la ferme, la mise à disposition d’appartements meublés, studios meublés, locaux de réunions, écuries, selleries, parkings, entrepôts, bureaux
- L’aménagement de centre équestre
- L’achat et la vente de chevaux, le courtage, l’élevage et la reproduction de chevaux de sport et la reproduction de toute autre espèce animale
- L’entraînement de chevaux de sport, le management de cavaliers, l’entraînement de cavaliers, la préparation de chevaux de compétition et la sortie de chevaux en compétition, le transport de chevaux
- La vente et l’ achat, le courtage de tout équipement, matériel, produits ayant rapport avec l’industrie du cheval, l’acquisition et mise à disposition de biens meubles et immeubles, tous investissements mobiliers ou immobiliers de quelque nature, toutes prestations de services, commissionnements, services de nettoyage, services d’entretien de jardins, services de surveillance
- Services de représentation de produits et de représentation de marques de produits, vente et achat de tout produit en général, mise en location d’équipements de tout genre
- L’agriculture au sens le plus large (cultures, élevages divers, achat et vente en direct de produits agricoles,…) ainsi qu’à la sylviculture au sens le plus large, elle peut s’intéresser à toutes activités se rapportant de près ou de loin à l’élevage, la chasse et la pêche
- L’achat, la vente, la location et le placement de maison de type « Tiny House »
- La rédaction de publications diverses
- L’organisation et la participation à divers évènements, foires commerciales
- L’achat, la vente, la location, l’import, l’export, la réparation de tous types de véhicules de moins de 3.500 kilos
- La constitution et la gestion d'un patrimoine mobilier et/ou immobilier et la location-financement de biens immeubles aux tiers, l'acquisition par l'achat ou autrement, la vente, l'échange, la construction, la transformation, l'amélioration, l'équipement, l'aménagement, l'embellissement, l'entretien, la location, la prise en location, le lotissement, la prospection et l'exploitation de biens immobiliers, ainsi que toutes opérations qui, directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier, de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
- La commercialisation, sous toutes ses formes et notamment l’achat, la vente, en gros et en détail, le courtage et la commission des produits conçus et/ou fabriqués par elle ou par toutes autres sociétés, et notamment la vente de tout objet, matériel ou matériau en rapport avec ce qui précède
- L’importation; l’exportation, les opérations de vente et d’achats internationales, toutes activités de transport de biens et de personnes, la commercialisation de tous biens d’équipements et de marchandises de toutes natures, la représentation commerciale de toutes marques, la vente en gros, demi-gros et détail, le commerce en général
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Wilmart 63 registered office 6200 Châtelet | 26-10-2021 | 2.362.889.910 |
2 former offices
- Boulevard Bischoffsheim,39 boîte 4, 1000 Bruxelles until the deed of 29-04-2025
- Rue Wilmart,63, 6200 Chatelet until the deed of 29-08-2024