BILGIC
The computed 12-month bankruptcy probability of BILGIC is 7.8% (elevated). The 2025 annual accounts show negative equity (€-12k) and a net result of €-44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1080 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-12k |
| Net result | €-44k |
| Better than sector | 5% |
| Active | 7 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1244.2% | 25.9% | |
| Net result | €-44k | €7k | |
| Equity | €-12k | €23k | |
| Gross operating margin | €-5k | €64k | |
| Total assets | €932 | €109k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-44k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €932 |
| Equity | €-12k |
| Debt | €13k |
| of which ≤ 1y | €13k |
| of which > 1y | - |
| Working capital | €-12k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -1244.2% |
| Solvency | -1244.2% |
| Debt / equity | -1.08 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -4681.7% |
| ROE | 376.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €932 |
| Current assets | 29/58 | €932 |
| Amounts receivable within one year | 40/41 | €923 |
| Cash & bank | 54/58 | €9 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €932 |
| Equity | 10/15 | €-12k |
| Contributions / capital | 10/11 | €12k |
| Accumulated profits (losses) | 14 | €-24k |
| Amounts payable | 17/49 | €13k |
| Amounts payable within one year | 42/48 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-41k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-44k |
| Net result for the period | 9904 | €-44k |
| Result to be appropriated | 9905 | €-44k |
-
Current01-01-2025 → present
Former directors (1)
-
Former- → 31-12-2024
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 28-01-2019 |
| Status | Active |
| Postal code | 2600 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0182/00S005 | Flanders | 135 m² | 1 · 108 m² | 10.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-03-2026 Registered office moved within Antwerpen
- Paul Housmansstraat 8, 2050 Antwerpen → Blancefloerlaan 60, 2050 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Blancefloerlaan",
"country": "BE",
"postcode": "2050",
"box_number": "1",
"street_number": "60"
},
"old_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Paul Housmansstraat",
"country": "BE",
"postcode": "2050",
"box_number": null,
"street_number": "8"
},
"effective_date": "2025-12-18",
"evidence_quote": "De maatschappelijke zetel wordt verplaatst van Paul Housmansstraat 8, 2050 Antwerpen naar Blancefloerlaan 60 bus 1, 2050 Antwerpen. Bijzondere Algemene Vergadering van 18/12/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0719.499.973",
"name_full": "ELSEM",
"legal_form": "BV"
}
}21-03-2025 1 director appointed, 1 resigning
- Kadir Rifat Mutu, Zaakvoerder
- Meryem Mutu, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Meryem Mutu",
"address": null,
"birth_date": null
},
"effective_date": "2024-12-31",
"evidence_quote": "Mevr. Meryem Mutu, met RR 96.01.01-550.85, wordt ontslagen als zaakvoerder op 31/12/2024, er wordt volledige decharge gegeven over zijn mandaat.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Kadir Rifat Mutu",
"address": null,
"birth_date": null
},
"effective_date": "2025-01-01",
"evidence_quote": "De heer Kadir Rifat Mutu, met RR 88.05.14-383.13, wordt benoemd als zaakvoerder, haar mandaat zal ingaan op 01/01/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0719.499.973",
"name_full": "ELSEM",
"legal_form": "BV"
}
}06-06-2023 Registered office moved within Antwerpen
- Zwaluwstraat 69, 2000 Antwerpen → Paul Housmansstraat 8, 2050 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "Paul Housmansstraat",
"country": "BE",
"postcode": "2050",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Zwaluwstraat",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "69"
},
"effective_date": "2023-04-30",
"evidence_quote": "De maatschappelijke zetel wordt verplaatst van Zwaluwstraat 69, 2000 Antwerpen naar Paul Housmansstraat 8, 2050 Antwerpen."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0719.499.973",
"name_full": "ELSEM",
"legal_form": "BVBA"
}
}30-01-2019 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Zwaluwstraat 69, 2000 Antwerpen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1988-05-14",
"name": "MUTU Kadir Rifat",
"niss": null,
"address": "2050 Antwerpen, Paul Housmansstraat 8 bus 21"
},
"share_class": "gewone aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 12400,
"holder_person_name": "MUTU Kadir Rifat",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0719.499.973",
"name_full": "ELSEM",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2019-01-28",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BILGIC |
| Legal nameNL | ELSEM |