Liquidity
4.47 was 3.05 in 2024
Short-term debts fell from €39,569 to €21,748.
BITLIS
Lifetime
11 annual accounts with figures on one time axispeak €63,595 (2024)
-€15,408▼ €79,003
lowest -€27,450 (2023)
-€4,757▼ €36,281
peak €96,907 (2024)
€92,150▼ 4.9%
€23,324▼ 49.0%
Board1 name since 2026
-
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €63,595 to -€15,408Loss of €4,757Debts from €45,741 to €23,324Cash from €100,728 to €66,936
Key points
from the 2025 annual accountsFilings
11 annual accounts since 2015
Nine of the last ten came late. The 2021 accounts came latest: 152 days after the end of the period.
Position in the sector
79.8%
Higher solvency than 89% of companies in retail trade. Sector median 36.6% · 12,856 companies.
Checked score
92
Excellent
Financially stronger than 59% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%highest value
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.3 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
Loss of €4,757 (financial year 2025)
lowers risk
Liquidity: current ratio 4.47, cash €66,936
Equity €92,150 (79.8% of total assets)
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 47, micro). It does better than 92% of them on solvency, 94% on liquidity, 19% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 6,908 companies had the same profile as BITLIS has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BITLIS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,908 companies, not a prediction for BITLIS. 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
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.47 (3.05 in 2024), above the usual 1.5. Short-term debt is 18.8% and cash 58% of total assets. 20.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 days late
2024
2 days early
2023
61 days late
2022
60 days late
2021
152 days late
2020
61 days late
2019
94 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 65 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: AYDIN Zekeriye (manager)
Reappointment: AYDIN Zekeriye (director) · Director discharge: AYDIN Zekeriye · General meeting of 02-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0556660036
Incorporation
published on 18-07-2014 · Gazette deed
First establishment
Houba de Strooperlaan 93, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BITLIS Brussels | €115,474 | -€15,408 | 79.8% | - |
| MASTER-A Brussels | €111,867 | -€10,349 | -7.6% | - |
| LES DAVIDS Auderghem | €111,475 | -€22,404 | -162.1% | - |
| CITU Ixelles | €86,957 | -€19,693 | 37.1% | - |
| Konyali Maasmechelen | €121,087 | -€8,598 | 55.4% | - |
| Sea Food Traders & Consultants Herent | €122,256 | -€3,989 | 95.1% | - |
| LEEL Wichelen | €110,058 | €967 | 41.3% | - |
These companies have the same main activity as BITLIS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €87,000 and €122,000, founded between 2012 and 2015.
Official details
Source: KBO- Status
- Active since 16-07-2014Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 1 other
- Establishment unit
- 2.233.335.9181020 Brussels, since 16-07-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on BITLIS
BITLIS files the abbreviated format. That format states no turnover. The gross margin fell from €14,967 in 2015 to -€15,408 in 2025.
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 BITLIS
- What is the company number of BITLIS?
- The company number of BITLIS is 0556.660.036. The VAT number is the same number with BE in front: BE 0556.660.036.
- Where is BITLIS based?
- The registered office is at Houba de Strooperlaan 93, 1020 Brussels.Company details
- What does BITLIS do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of BITLIS?
- BITLIS is a private limited company (BV).
- When was BITLIS founded?
- BITLIS was founded on 16-07-2014.
- Is BITLIS still active?
- Yes, BITLIS is an active enterprise in the KBO register.
- What is the turnover of BITLIS?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is BITLIS profitable?
- In financial year 2025, BITLIS made a loss of €4,757.
- Where can I find the annual accounts of BITLIS?
- BITLIS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BITLIS due?
- BITLIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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