Active BE 0750.999.932Private limited company

ETKA

Tolhuislaan 122 ·9000 Gent, Belgium· 6 yrs active

Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)

Conclusion Checked

The computed 12-month bankruptcy probability of ETKA is 4.0% (moderate). The 2024 annual accounts show equity of €169k and a net result of €116k. Equity is growing by ~166.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 5615 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€169k
Net result	€116k
Staff (FTE)	9.2
Better than sector	81%

Snowflake analysis 5 of 5 axes measured · computed by Checked

95 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 96

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

4.0% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~166.7%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	54.5%	19.3%	better than 81% of 5615 sector peers
Net result	€116k	€4k	better than 95% of 5603 sector peers
Equity	€169k	€14k	better than 95% of 5626 sector peers
Gross operating margin	€308k	€52k	better than 94% of 5589 sector peers
Staff costs	€145k	€49k	higher than 82% of 4064 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€161k

+124.0% 22-24

Net profit

€116k

+96.8% 22-24

Cash flow

€129k

+96.1% 22-24

Total assets

€310k

+143.5% 22-24

Equity

€169k

+221.1% 22-24

Working capital

€136k

+288.3% 22-24

Employees (FTE)

9

+91.7% 22-24

Staff costs

€145k

+163.7% 22-24

Income taxes

€32k

+359.7% 22-24

Debt

€141k

+88.9% 22-24

Debt ≤ 1y

€141k

+88.9% 22-24

Current ratio

1.97

+33.7% 22-24

Quick ratio

1.92

+39.2% 22-24

Solvency

54.5%

+31.9% 22-24

Debt / equity

0.84

-41.2% 22-24

ROE

68.9%

-38.7% 22-24

ROA

37.5%

-19.2% 22-24

Interest coverage

484.11

+216.1% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€161k
Net profit	€116k
Cash flow	€129k
Staff costs	€145k
Income taxes	€32k
Dividends	-
Total assets	€310k
Equity	€169k
Debt	€141k
of which ≤ 1y	€141k
of which > 1y	-
Working capital	€136k
Employees (FTE)	9.2

Ratios (computed)

	2024
Current ratio	1.97
Quick ratio	1.92
Working capital ratio	44.0%
Solvency	54.5%
Debt / equity	0.84
Long-term debt ratio	-
Interest coverage	484.11
Gross margin	-
Net margin	-
ROA	37.5%
ROE	68.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €33k · 10.5% Current assets €278k · 89.5%

Equity & liabilities

Equity €169k · 54.5% Debt €141k · 45.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€310k
Fixed assets	21/28	€33k
Tangible fixed assets	22/27	€31k
Financial fixed assets	28	€2k
Current assets	29/58	€278k
Stocks & contracts in progress	3	€7k
Amounts receivable within one year	40/41	€212k
Cash & bank	54/58	€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€310k
Equity	10/15	€169k
Contributions / capital	10/11	€15k
Accumulated profits (losses)	14	€154k
Amounts payable	17/49	€141k
Amounts payable within one year	42/48	€141k
Trade debts payable within one year	44	€94k
Income statement
Gross operating margin	9900	€308k
Operating result	9901	€149k
Financial income	75	€3
Financial charges	65	€333
Result before taxes	9903	€149k
Income taxes	67/77	€32k
Net result for the period	9904	€116k
Result to be appropriated	9905	€116k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 6 directors

Current directors & mandates

SERBEST ADEM
Director
State Gazette act 25095428 (25-07-2025)

Current
25-07-2025 → present
SERBEST ADIL TAHA
Director
State Gazette act 25095428 (25-07-2025)

Current
25-07-2025 → present
YIGIN Seyit Emir
Director
State Gazette act 24165466 (22-11-2024)

Current
12-11-2024 → present

Former directors (3)

YIGIT SEYIT EMIR
Director
State Gazette act 25095428 (25-07-2025)

Former
- → 25-07-2025
SENBURSA Eren
Director
State Gazette act 24165466 (22-11-2024)

Former
- → 12-11-2024
SENBURSA Merve
Director
State Gazette act 24113043 (25-07-2024)

Former
- → 30-06-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company(610)
Incorporation	24-07-2020
Status	Active
Postal code	9000

Establishment units 1 location

ETKA

Tolhuislaan 122, 9000 GentEetgelegenheden met beperkte bediening

since 20202.305.557.762

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44021A1844/00C002	Flanders	60 m²	1 · 71 m²	15.6 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

25-07-2025

State Gazette act Capital & shares

17-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

21-04-2025

NBB filing Annual accounts filed

fiscal year 2023 · micro

18-03-2025

NBB filing Annual accounts filed

fiscal year 2022 · micro

2024

22-11-2024

State Gazette act Capital & shares

25-07-2024

State Gazette act Director changes

Belgisch Staatsblad, acts 3 acts

Capital history · 2

25-07-2025

Capital change

22-11-2024

Capital change

All acts · 3 updated 1 year ago

2025

25-07-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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2024

22-11-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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}

25-07-2024 SENBURSA Merve resigns as director Director changes

SENBURSA Merve, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112

Primary activity highlighted.

Names & trade names

Legal nameNL	ETKA
Trade nameNL	ETKA

Registered office

Tolhuislaan 122

9000 Gent, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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