Turnover
≈ €39,000 estimated
The micro format states no turnover.
BAYTURK
Lifetime
2 annual accounts with figures on one time axispeak €14,359 (2025)
€14,359▲ €15,501
lowest -€1,685 (2024)
€11,074▲ €12,759
peak €10,388 (2025)
€10,388▲ €11,074
€87,588▲ 17×
Board2 names since 2023
2 directorsBAYTURK Gulden and 1 other
Documentsfilings and deeds
27-11-202527 days late
2025micro format
Gross margin from -€1,142 to €14,359Back to profit: €11,074Equity from -€685 to €10,388Debts from €5,053 to €87,588
Key points
from the 2025 annual accountsDebts
€87,588 89% of the balance sheet
Suppliers 19%Taxes and wages 13%Other 68%
Of this, €85,588 falls due within a year.
Starting capital
€1,000 100 shares
2026 accounts not filed, 11 days past the deadline
Checked score
48
Fair
Financially stronger than 47% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%lowest value
01-2025: 3.2%▲ +1.4 percentage points vs 12-2024
02-2025: 3.2%● unchanged vs 01-2025
03-2025: 3.2%● unchanged vs 02-2025
04-2025: 3.2%● unchanged vs 03-2025
05-2025: 3.3%▲ +0.1 percentage points vs 04-2025
06-2025: 3.4%▲ +0.1 percentage points vs 05-2025
07-2025: 3.5%▲ +0.1 percentage points vs 06-2025
08-2025: 3.3%▼ -0.2 percentage points vs 07-2025
09-2025: 3.3%● unchanged vs 08-2025
10-2025: 3.4%▲ +0.1 percentage points vs 09-2025
11-2025: 4.3%▲ +0.9 percentage points vs 10-2025highest value
12-2025: 3.4%▼ -0.9 percentage points vs 11-2025
01-2026: 3.3%▼ -0.1 percentage points vs 12-2025
02-2026: 3.3%● unchanged vs 01-2026
03-2026: 3.3%● unchanged vs 02-2026
04-2026: 3.3%● unchanged vs 03-2026
05-2026: 3.3%● unchanged vs 04-2026
06-2026: 3.3%● unchanged vs 05-2026
07-2026: 3.3%● unchanged vs 06-2026
08-2026: 3.4%▲ +0.1 percentage points vs 07-2026
09-2026: 3.3%▼ -0.1 percentage points vs 08-2026
10-2026: 3.4%▲ +0.1 percentage points vs 09-2026
11-2026: 4.2%▲ +0.8 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
No registered site in the KBO
1 change of registered office in 24 months
lowers risk
Sector: Real estate activities (NACE 68)
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 68, micro). It does better than 31% of them on solvency, 7% on liquidity, 52% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 7,976 companies had the same profile as BAYTURK has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAYTURK itself: 4.2% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 7,976 companies, not a prediction for BAYTURK. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.14, below the usual 1.5. Short-term debt is 87.4% of total assets. 89.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 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 · 2 filingsDeviation from the deadline
2026
not filed
2025
27 days late
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 28 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- BAYTURK Ramazan founderdeed of 22-05-2023
- MURAT Gulsani founderdeed of 22-05-2023
- BAYTURK Gulden founderdeed of 22-05-2023
Recent changes
Registered-office move
Director in office: BAYTURK GULDEN · Director in office: BAYTURK ABDULAZIZ · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founders: BAYTURK Ramazan (comparant), MURAT Gulsani (comparant), BAYTURK Gulden (comparant) and 2 others · Permanent representative: BAYTURK Gulden · published on 22-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as BAYTURK: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €93,700 and €136,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 17-05-2023Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Financial year end
- 31 March
- Peppol
- Reachable
Insights on BAYTURK
The computed 12-month bankruptcy probability of BAYTURK is 4.2% (elevated). The 2025 annual accounts show equity of €10,388 and a net result of €11,074.
Its solvency ranks better than 33% of 17,194 sector peers (NACE 68, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 BAYTURK
- What is the company number of BAYTURK?
- The company number of BAYTURK is 0801.876.927. The VAT number is the same number with BE in front: BE 0801.876.927.
- Where is BAYTURK based?
- The registered office is at Rue Dothée 44, 4020 Liège.Company details
- What does BAYTURK do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of BAYTURK?
- BAYTURK is a private limited company (BV).
- When was BAYTURK founded?
- BAYTURK was founded on 17-05-2023.
- Is BAYTURK still active?
- Yes, BAYTURK is an active enterprise in the KBO register.
- What is the turnover of BAYTURK?
- The turnover in financial year 2025 is ≈ €39,000. This figure is estimated from the gross margin of €14,359 and 34 comparable companies (NACE 68201). It probably lies between €26,000 and €62,000. It is a rough estimate.Financials
- Is BAYTURK profitable?
- In financial year 2025, BAYTURK made a profit of €11,074.
- Where can I find the annual accounts of BAYTURK?
- BAYTURK filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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