Turnover
≈ €66,000 estimated
The micro format states no turnover.
BURAK
Lifetime
17 annual accounts with figures on one time axis, 29 filings since 1996peak €28,951 (2008)
€6,347▲ 42.9%
lowest -€7,312 (2009)
€6,519▲ 34.4%
peak €29,097 (2008)
€11,446▲ 132%
€44,798▲ 8.3%
peak 1 FTE (2020)
-not published
Board2 names since 2014
1 directorOnal Batuhan
Documentsfilings and deeds
26-09-202557 days late
2024micro format
Gross margin from €4,441 to €6,347Result from €4,852 to €6,519Equity from €4,927 to €11,446Cash from €16,403 to €27,877
Key points
from the 2024 annual accountsChecked score
50
Fair
Financially stronger than 60% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
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 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 0.4%▼ -0.6 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025lowest value
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.3%▲ +0.3 percentage points vs 09-2025
11-2025: 0.4%▼ -0.9 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 1.1%▲ +0.7 percentage points vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.2%▲ +0.1 percentage points vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.7 percentage points vs 07-2026
09-2026: 2.5%▲ +0.5 percentage points vs 08-2026
10-2026: 3.8%▲ +1.3 percentage points vs 09-2026highest value
11-2026: 3.8%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 01-10-2025)
1 change of registered office in 24 months
lowers risk
Founded in 1995
Liquidity: current ratio 1.26, cash €27,877
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 36% of them on solvency, 63% on liquidity, 47% on profitability and 94% 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 3,818 companies had the same profile as BURAK has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BURAK itself is higher: 3.8% within 12 months. It rests on far more data about BURAK than the profile alone.
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 3,818 companies, not a prediction for BURAK. 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 €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.26 (1.12 in 2023), below the usual 1.5. Short-term debt is 79.3% and cash 49.6% of total assets. 79.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €11,446
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 57 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
not filed
2024
57 days late
2023
33 days early
2022
25 days late
2021
36 days late
2020
30 days late
2019
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 21 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 (1)
Recent changes
Registered office moved within Antwerp
New registered office: Herentalsebaan 213, 2100 Antwerpen · Previous registered office: Herentalsebaan 239, 2100 Antwerpen · General meeting of 01-02-2026 · Gazette deed
Legal-form change
General meeting of 30-11-2023 · Gazette deed
Registered office moved within Deurne
New registered office: Herentalsebaan 239 te 2100 Deurne · Previous registered office: Herentalsebaan 275, 2100 Deurne · Resignation: Onal Burak (director) · General meeting of 01-10-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454648403
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BURAK Antwerp | €56,244 | €6,347 | 20.4% | - |
| PLUS STYLE en SERVICES Herent | €54,481 | €7,880 | 40.9% | - |
| KEEBREY'S Kortenberg | €57,412 | €7,516 | -94.6% | - |
| Fatih Antwerp | €64,290 | €4,084 | 17.0% | - |
| SRL FONSA Oupeye | €47,200 | €5,444 | 76.6% | - |
| INTERIOR TEXTILES AND ACCESSORIES TRADING Leuven | €83,331 | €7,333 | -6.1% | - |
| GARNIERDERIJ COLORS Westerlo | €102,725 | €5,465 | 34.0% | - |
These companies have the same main activity as BURAK: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €47,200 and €103,000, founded between 1993 and 1997.
Official details
Source: KBO- Status
- Active since 27-02-1995Normal situation
- Activity
- Retail sale of household textiles and beddingNACE 47512
- Joint committee
- 201Independent retail · annual accounts 2022
- Establishment unit
- 2.071.185.8672100 Antwerp, since 12-04-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on BURAK
BURAK files the micro format. That format states no turnover. The gross margin fell from €28,951 in 2008 to €6,347 in 2024.
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 BURAK
- What is the company number of BURAK?
- The company number of BURAK is 0454.648.403. The VAT number is the same number with BE in front: BE 0454.648.403.
- Where is BURAK based?
- The registered office is at Herentalsebaan 213, 2100 Antwerp.Company details
- What does BURAK do?
- According to the KBO register, the main activity is retail sale of household textiles and bedding (NACE 47512).
- What is the legal form of BURAK?
- BURAK is a private limited company (BV).
- When was BURAK founded?
- BURAK was founded on 27-02-1995.
- Is BURAK still active?
- Yes, BURAK is an active enterprise in the KBO register.
- How many employees does BURAK have?
- BURAK had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does BURAK fall under?
- In its 2022 annual accounts, BURAK states joint committee 201 (Independent retail).
- What is the turnover of BURAK?
- The turnover in financial year 2024 is ≈ €66,000. This figure is estimated from the gross margin of €6,347 and 60 comparable companies (NACE 475). It probably lies between €35,000 and €170,000. It is a rough estimate.
- Is BURAK profitable?
- In financial year 2024, BURAK made a profit of €6,519.
- Where can I find the annual accounts of BURAK?
- BURAK filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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