Financials
- Financial year
- 2021
- Total assets
- €418,062
- Profit
- €16,934
- Solvency
- 5.3%
Total assets▼ 35.8%
Net result
20192021
BURAK COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of BURAK COMPANY is at least 25% (high). For BURAK COMPANY, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €22,275 and a net result of €16,934. Equity is growing by about 241% per year across the filed financial years. The company has been active since 2012 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 3 administrative register entries (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€418,062total assets 2021
- Equity
- €22,275
- Profit
- €16,934
Turnover not published (abbreviated format)
Financial health
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
2021 figures too old to score
Structure
Accounts 1265 days overdue2 of 11 deeds read
Signalsraises risk2 changes of registered office in 24 monthsFigures for financial year 2021 (filed 22-12-2022)3 financial years not filed after the legal deadline; latest accounts 233 days late; 3 of the last 3 late2 ex-officio strike-offs in the KBOTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency
30+4
equity 5.3% of total assets
Liquidity
3-1
short-term debt 87.2% · cash 0.8%
Profitability
24-46
return on assets 4.1%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.5%lowest value
12-2024: 7.5%● unchanged vs 11-2024lowest value
01-2025: 9.7%▲ +2.2 percentage points vs 12-2024
02-2025: 15.7%▲ +6.0 percentage points vs 01-2025
03-2025: 15.7%● unchanged vs 02-2025
04-2025: 17.1%▲ +1.4 percentage points vs 03-2025
05-2025: 16.4%▼ -0.7 percentage points vs 04-2025
06-2025: 16.4%● unchanged vs 05-2025
07-2025: ≥ 25%▲ +18.8 percentage points vs 06-2025
08-2025: ≥ 25%● unchanged vs 07-2025
09-2025: ≥ 25%● unchanged vs 08-2025
10-2025: ≥ 25%● unchanged vs 09-2025
11-2025: ≥ 25%● unchanged vs 10-2025
12-2025: ≥ 25%● unchanged vs 11-2025
01-2026: ≥ 25%● unchanged vs 12-2025
02-2026: ≥ 25%● unchanged vs 01-2026
03-2026: ≥ 25%● unchanged vs 02-2026
04-2026: ≥ 25%● unchanged vs 03-2026
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026highest value
10-2026: ≥ 25%● unchanged vs 09-2026highest value
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Signals
Seven signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
30-09-2022 year end30-04-2023 deadline16-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 19-12-2022, 233 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
233 days late
2020
595 days late
2019
166 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 331 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingAddress struckAddress strikeout annulled
- Late accounts filingevent 18-08-2026
- Address strikeout annulledKBO administration
- Resignation: ATANASOV KOSTA DIMITROV (director)Appointment: METODIEV MIHAIL (director) ·…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2015
- 02-06-2025Address struck
- 14-01-2025Resignation: BURAK HIDIROGLU (director)
- 19-12-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 06-12-2012
- Year ends
- 30-09
- Peppol
- Not found in the Peppol directory
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