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COLAKOGLU

Inactive
KBO/BCE: BE 0743.854.101

COLAKOGLU was declared bankrupt on 20-02-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 14-01-2025, published in the Belgian State Gazette on 17-01-2025.

Summary

Inactive; last annual accounts for fiscal year 2021.

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COLAKOGLUInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-10-2022, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2021
77 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 77 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

COLAKOGLU has filed annual accounts once, for fiscal year 2021.1 On 20 February 2024 the company was declared bankrupt; the bankruptcy was closed on 14 January 2025.23

  1. 1National Bank, annual accounts 2021
  2. 2Belgian State Gazette, 26-02-2024
  3. 3Belgian State Gazette, 17-01-2025

Financials · fiscal year 2021, micro schema

Equity
€103,100
Total assets
€136,469
Net result
€103,100
Working capital
€99,115

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €136,469
Fixed assets €3,985
Current assets €132,483
Equity and liabilities €136,469
Equity €103,100
Debt €33,368
Debt finances 24.5% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€139,894
Cash flow
€111,069
Current ratio
3.97
Debt to equity
0.32
ROE
100.0%
ROA
75.5%
Interest coverage
150.16
Debt ≤ 1 year
€33,368
Income taxes
€27,912
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 32 lines
Balance sheet Code2021
Assets
Total assets20/58€136,469
Fixed assets21/28€3,985
Tangible fixed assets22/27€3,985
Plant, machinery and equipment23€318
Furniture and vehicles24€3,667
Current assets29/58€132,483
Amounts receivable within one year40/41€132,454
Trade receivables40€109,251
Other amounts receivable41€23,203
Cash at bank and in hand54/58€29
Equity and liabilities
Total equity and liabilities10/49€136,469
Equity10/15€103,100
Profit (loss) carried forward14€103,100
Amounts payable17/49€33,368
Amounts payable within one year42/48€33,368
Trade debts44€5,456
Suppliers440/4€5,456
Taxes, remuneration and social security45€27,912
Taxes450/3€27,912
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,969
Other operating charges640/8€1,916
Gross operating margin9900€141,811
Operating profit (loss)9901€131,926
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€932
Recurring financial charges65€932
Profit (loss) for the period before taxes9903€131,013
Income taxes67/77€27,912
Profit (loss) for the period9904€103,100
Profit (loss) for the period to be appropriated9905€103,100
Appropriation of the result
Profit (loss) to be appropriated9906€103,100

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,969
Other operating charges640/8€1,916
Gross operating margin9900€141,811
Operating profit (loss)9901€131,926
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€932
Recurring financial charges65€932
Profit (loss) for the period before taxes9903€131,013
Income taxes67/77€27,912
Profit (loss) for the period9904€103,100
Profit (loss) for the period to be appropriated9905€103,100
Line2021
Assets
Total assets20/58€136,469
Fixed assets21/28€3,985
Tangible fixed assets22/27€3,985
Plant, machinery and equipment23€318
Furniture and vehicles24€3,667
Current assets29/58€132,483
Amounts receivable within one year40/41€132,454
Trade receivables40€109,251
Other amounts receivable41€23,203
Cash at bank and in hand54/58€29
Equity and liabilities
Total equity and liabilities10/49€136,469
Equity10/15€103,100
Profit (loss) carried forward14€103,100
Amounts payable17/49€33,368
Amounts payable within one year42/48€33,368
Trade debts44€5,456
Suppliers440/4€5,456
Taxes, remuneration and social security45€27,912
Taxes450/3€27,912
Line2021
Profit (loss) for the period9904€103,100
+ Depreciation and write-downs630€7,969
Operating cash flow (approximation)€111,069

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
17-01
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 14-01-2025
2024
26-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-02-2024
2022
16-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator HILDE DE BOEVER
BRUSSELSESTEENWEG 346 C BUS 1, 9090 MELLE
 20-02-2024 → 14-01-2025

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