BM TECH
ActiveSummary
The computed 12-month bankruptcy probability of BM TECH is 9.5% (elevated). The annual accounts of BM TECH for financial year 2024 show a net loss of 57% of the equity at the start of that year. The 2024 annual accounts show equity of €72,668 and a net result of -€96,252. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 37% of 1,318 sector peers (NACE 42, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- ≈ 3.4 FTE, estimated
- Equity
- €72,668
- Loss
- -€96,252
- KAPAKLIKAYA BurakDirector
- ÖZTORUN Mustafa ÇaglarDirector
Why 31raises risk1 financial year not filed after the legal deadline; last filed accounts filed 443 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 18-10-2026)Loss of €96,252 (financial year 2024)Founded in 2022Show the evidence
Checked score
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 39% on solvency, 44% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 800 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.
2022 to 2024, 3 financial years
The operating result turns negative in 2024: a loss of €93,033 after €167,274 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,223 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,051 | - |
| Remuneration, social security and pensions62 | €16,592 | €268,094 | €195,275 | ▼ 27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,464 | €33,229 | €30,024 | ▼ 9.6% |
| Other operating charges640/8 | €625 | €8,895 | €28,994 | ▲ 226% |
| Non-recurring operating charges66A | - | €2,800 | - | - |
| Gross operating margin9900 | €66,587 | €480,292 | €161,260 | ▼ 66.4% |
| Operating profit (loss)9901 | €47,906 | €167,274 | -€93,033 | - |
| Financial income75/76B | €6 | €26 | €0 | ▼ 98.2% |
| Recurring financial income75 | €6 | €26 | €0 | ▼ 98.2% |
| Financial charges65/66B | €553 | €2,917 | €2,272 | ▼ 22.1% |
| Recurring financial charges65 | €553 | €2,917 | €2,272 | ▼ 22.1% |
| Profit (loss) for the period before taxes9903 | €47,359 | €164,383 | -€95,305 | - |
| Income taxes67/77 | €9,472 | €38,350 | €947 | ▼ 97.5% |
| Profit (loss) for the period9904 | €37,887 | €126,033 | -€96,252 | - |
| Profit (loss) for the period to be appropriated9905 | €37,887 | €126,033 | -€96,252 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €228,631 | €489,549 | €209,665 | ▼ 57.2% |
| Fixed assets21/28 | €41,827 | €177,933 | €96,024 | ▼ 46.0% |
| Tangible fixed assets22/27 | €41,692 | €177,798 | €96,024 | ▼ 46.0% |
| Plant, machinery and equipment23 | - | €113,085 | €86,314 | ▼ 23.7% |
| Furniture and vehicles24 | €41,692 | €64,713 | €9,709 | ▼ 85.0% |
| Financial fixed assets28 | €135 | €135 | - | - |
| Current assets29/58 | €186,804 | €311,616 | €113,642 | ▼ 63.5% |
| Amounts receivable within one year40/41 | €79,981 | €145,393 | €72,647 | ▼ 50.0% |
| Trade receivables40 | €62,548 | €120,723 | €45,812 | ▼ 62.1% |
| Other amounts receivable41 | €17,433 | €24,670 | €26,835 | ▲ 8.8% |
| Cash at bank and in hand54/58 | €106,823 | €161,789 | €40,269 | ▼ 75.1% |
| Deferred charges and accrued income490/1 | - | €4,433 | €726 | ▼ 83.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €228,631 | €489,549 | €209,665 | ▼ 57.2% |
| Equity10/15 | €42,887 | €168,920 | €72,668 | ▼ 57.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €37,887 | €163,920 | €67,668 | ▼ 58.7% |
| Amounts payable17/49 | €185,744 | €320,629 | €136,997 | ▼ 57.3% |
| Amounts payable after more than one year17 | €14,045 | €37,987 | €27,168 | ▼ 28.5% |
| Financial debts170/4 | €14,045 | €37,987 | €27,168 | ▼ 28.5% |
| Amounts payable within one year42/48 | €171,698 | €282,641 | €109,829 | ▼ 61.1% |
| Current portion of amounts payable after more than one year42 | €14,751 | €24,402 | €10,820 | ▼ 55.7% |
| Trade debts44 | €74,947 | €179,108 | €39,058 | ▼ 78.2% |
| Suppliers440/4 | €74,947 | €179,108 | €39,058 | ▼ 78.2% |
| Taxes, remuneration and social security45 | €11,907 | €48,925 | €46,245 | ▼ 5.5% |
| Taxes450/3 | €9,472 | €47,822 | €46,245 | ▼ 3.3% |
| Remuneration and social security454/9 | €2,435 | €1,103 | - | - |
| Other amounts payable47/48 | €70,092 | €30,206 | €13,706 | ▼ 54.6% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,887 | €126,033 | -€96,252 | - |
| + Depreciation and write-downs630 | €1,464 | €33,229 | €30,024 | ▼ 9.6% |
| Operating cash flow (approximation) | €39,352 | €159,262 | -€66,228 | - |
| Investment in fixed assets (approximation) | - | -€169,335 | €51,885 | - |
| Change in cash | - | €54,966 | -€121,520 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 17-10-2026 | 2026-00562171 |
| 31-12-2023 | micro format | 16-10-2026 | 2026-00562177 |
| 31-12-2022 | micro format | 22-09-2026 | 2026-00534738 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KAPAKLIKAYA Burak |
|
| ÖZTORUN Mustafa Çaglar |
|
Owners and capital
Capital and shareholders
- KAPAKLIKAYA Burak 50 shares (50%)
- ÖZTORUN Mustafa Çaglar 50 shares (50%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-09-2022 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-09
Gazette deed
IncorporationAppointments: KAPAKLIKAYA Burak (director) and ÖZTORUN Mustafa Çaglar (director) · Founder · Founding capital9 facts ▸
- Founder, KAPAKLIKAYA Burak (comparant)
- Founder, ÖZTORUN Mustafa Çaglar (comparant)
- Incorporation, “BM TECH” (deed in Dutch)
- Founding capital, €5,000
- Bank account, “bewaard in dossier notaris, deponering inbrengen in geld voorafgaand aan oprichting” (deed in Dutch)
- Other provision, “statuten, HOOFDSTUK II.-STATUTEN” (deed in Dutch)
- Director appointment, KAPAKLIKAYA Burak (director (not named in the articles))
- Director appointment, ÖZTORUN Mustafa Çaglar (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en handelingen door oprichters in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0790.804.475
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23015C0045/00M004 | Flanders | 231 m² | 1 · 74 m² | 12.2 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle activiteiten eigen aan en die verband houden met een onderneming actief in de bouwsector en alle mogelijke technische verrichtingen met…” (deed in Dutch)
7 activities (deed in Dutch)
- Alle activiteiten eigen aan en die verband houden met een onderneming actief in de bouwsector en alle mogelijke technische verrichtingen met betrekking tot de bouw,renovatie en voltooiing op onroerend gebied:de omvorming,de aanpassing van elk gebouw en met name alle werkzaamheden schrijnwerkerij,tapijtwerk,van leggen van bekledingen van muren en bodems,cementwerk,plafonnering,verfwerken,metsel-en betonwerken,het afmeten en leggen van stenen en marmer,van beglazing,zinkwerken,metalen en niet metalen afdekking,evenals afbraakwerken,installatie
- Van centrale verwarming,gasverwarming door individuele apparaten,en van sanitair en loodgieterij,en het plaatsen van elektrische apparatuur en bedrading.
- De vennootschap heeft tot voorwerp het plaatsen van verwarming,reiniging en herstelling van gevels;het plaatsen van thermische en akoestische isolatie,werkzaamheden van drooglegging van bouw andere dan door asfalt;de bouw van uitneembare paviljoenen en niet-metalen constructies,het plaatsen van sloten,het leggen van parketten,het plaatsen van wanden en plafonds in hout,alle plaatsing van luiken,PVC materialen,schrijnwerkerij.
- Zij heeft tot voorwerp de installatie van systemen voor ventilatie,voor verwarming door warme lucht,voor conditionering van lucht evenals het plaatsen van industriële leidingen.
- A)uitsluitend in eigen naam en voor eigen rekening:het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen,al dan niet onder het stelsel van de BTW,met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur-en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten;
- B)uitsluitend in eigen naam en voor eigen rekening:het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur-en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen;
- C)uitsluitend in eigen naam en voor eigen rekening:het aangaan en verstrekken van leningen,kredieten,financieringen en het aangaan van leasingcontracten,in het kader van de bovenvermelde doelstellingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BM TECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 17:00