Active BE 0566.930.653Private limited company

EYLEM

Veldstraat 1 ·2060 Antwerpen, Belgium· 11 yrs active

Sector: Other retail sale of food (47279)

Conclusion Checked

EYLEM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €15k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 26065 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€67k
Net result	€15k
Better than sector	78%
Active	11 yrs

Financial profile 5 of 5 axes measured · computed by Checked

96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.8% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2014, 11 years in business.

No legal incidents

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

Administrative Flags0 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.

Checked score 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.

Indicative credit limit

€7k

estimate, not credit advice

Score history

88 2021

93 2022

86 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.20 (≥ 1.5) +10

Quick ratio Quick ratio 2.20 (≥ 1.0) +5

Leverage Debt/equity 0.51 (< 1.0) +10

Profitability ROE 23% (≥ 10%) +10

Interest coverage Interest coverage 22.9× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

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

Financial overview10 NBB filings

Annual accounts filed on 15-01-2026 with the NBB · fiscal year 2024 · micro schema

RevenueOperating resultNet result

Trajectory (indicative)

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

growing Equity: growth of ~16.8%/year over 4 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 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	66.2%	32.3%	better than 78% of 26065 sector peers
Net result	€15k	€4k	better than 69% of 26033 sector peers
Equity	€67k	€39k	better than 62% of 26125 sector peers
Gross operating margin	€104k	€31k	better than 80% of 25989 sector peers
Staff costs	€79k	€38k	higher than 75% of 12217 sector peers

Revenue

€325k

- 21-24

EBITDA

€21k

+86.4% 21-24

Net profit

€15k

+1671.7% 21-24

Cash flow

€18k

+256.1% 21-24

Total assets

€101k

+26.4% 21-24

Equity

€67k

+29.4% 21-24

Working capital

€41k

+4.5% 21-24

Employees (FTE)

3

+123.1% 21-24

Staff costs

€79k

+4.4% 21-24

Income taxes

€2k

-56.6% 21-24

Debt

€34k

+21.0% 21-24

Debt ≤ 1y

€34k

+21.0% 21-24

Current ratio

2.20

-7.9% 21-24

Quick ratio

2.20

-7.9% 21-24

Solvency

66.2%

+2.3% 21-24

Debt / equity

0.51

-6.5% 21-24

ROE

22.7%

+1269.5% 21-24

ROA

15.0%

+1301.5% 21-24

Net margin

3.7%

- 21-24

EBITDA margin

5.8%

- 21-24

Interest coverage

22.86

+123.9% 21-24

Figures by fiscal year and ratios

Change versus the prior fiscal year, coloured by direction (green = favourable).

Fiscal year	2024 Δ	2023 Δ	2022 Δ	2021 Δ
Deposit	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-
EBITDA	+86.4%	-27.4%	-15.9%	-
Net profit	+1671.7%	-92.6%	-2.5%	-
Cash flow	+256.1%	-67.4%	-1.9%	-
Staff costs	+4.4%	+81.7%	-15.5%	-
Income taxes	-56.6%	-	-	-
Dividends	-	-	-	-
Total assets	+26.4%	+25.4%	-23.8%	-
Equity	+29.4%	+1.7%	+29.3%	-
Debt	+21.0%	+119.1%	-71.0%	-
of which ≤ 1y	+21.0%	+119.1%	-71.0%	-
of which > 1y	-	-	-	-
Working capital	+4.5%	-2.3%	+64.2%	-
Employees (FTE)	-	+123.1%	-23.5%	-

Ratios (computed)

	2024	2023	2022	2021
Current ratio	2.20	2.39	4.11	1.55
Quick ratio	2.20	2.39	4.11	1.55
Working capital ratio	40.4%	48.9%	62.7%	29.1%
Solvency	66.2%	64.7%	79.8%	47.0%
Debt / equity	0.51	0.54	0.25	1.13
Long-term debt ratio	-	-	-	-
Interest coverage	22.86	10.21	66.16	41.93
Gross margin	-	-	-	21.3%
Net margin	-	-	-	3.7%
ROA	15.0%	1.1%	18.1%	14.2%
ROE	22.7%	1.7%	22.7%	30.1%
EBITDA margin	-	-	-	5.8%
Days sales outstanding	-	-	-	1d
Days payable outstanding	-	-	10d	38d
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €26k · 25.8% Current assets €75k · 74.2%

Equity & liabilities

Equity €67k · 66.3% Debt €34k · 33.8%

Full annual accounts (24 line items)

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

Line item	Code	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€101k	€80k	€64k	€84k
Fixed assets	21/28	€26k	€13k	€11k	€15k
Tangible fixed assets	22/27	€20k	€6k	€4k	€9k
Financial fixed assets	28	€7k	€7k	€7k	€7k
Current assets	29/58	€75k	€67k	€53k	€69k
Amounts receivable within one year	40/41	€67k	€51k	€16k	€14k
Cash & bank	54/58	€7k	€15k	€37k	€55k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€101k	€80k	€64k	€84k
Equity	10/15	€67k	€52k	€51k	€39k
Contributions / capital	10/11	€12k	€12k	€12k	€12k
Reserves	13	€382	€382	€382	€382
Accumulated profits (losses)	14	€54k	€39k	€38k	€27k
Amounts payable	17/49	€34k	€28k	€13k	€44k
Amounts payable within one year	42/48	€34k	€28k	€13k	€44k
Trade debts payable within one year	44	€2k	€584	€7k	€26k
Income statement
Turnover	70	-	-	-	€325k
Gross operating margin	9900	€104k	€88k	€60k	€69k
Operating result	9901	€18k	€7k	€12k	€15k
Financial income	75	-	€1	-	€21
Financial charges	65	€935	€1k	€239	€448
Result before taxes	9903	€18k	€6k	€11k	€14k
Income taxes	67/77	€2k	€5k	€-117	€2k
Net result for the period	9904	€15k	€860	€12k	€12k
Result to be appropriated	9905	€15k	€860	€12k	€12k

Directors & mandates 2 directors

Current directors & mandates

Morkoyun Cekdar
Director
State Gazette act 24171439 (04-12-2024)

Current
04-12-2024 → present

Former directors (1)

Morkoyun Serdin
Director
State Gazette act 24171439 (04-12-2024)

Former
- → 04-12-2024

Legal Structure

NACE primary	Other retail sale of food(47279)
Legal form	Private limited company(610)
Incorporation	28-10-2014
Status	Active
Postal code	2060

Establishment units 1 location

Eylem

Veldstraat 1, 2060 AntwerpenArtisanal bread and fresh pastry making

since 20142.236.230.674

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11805E0461/00B023	Flanders	83 m²	1 · 51 m²	9.7 m · 3 fl.

Methodology

via registered seat: 1

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

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

Updates 11 events

All 14Financial 3Gazette 1Filings 10

2026

15-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 168 days late

2024

31-12

Financial Highest result since 2021net €15k ▲1672%

Operating result €18k, net result €15k, both a record.

04-12

State Gazette act Capital & shares

28-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 120 days late

2023

31-12

Financial Weakest financial yearnet €860 ▼92.6%

Net result drops to €860, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

31-12

Financial Liquidity triplescurrent ratio 4.11

Current ratio from 1.55 to 4.11; short-term debt falls from €44k to €13k.

08-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

04-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 4 days late

2019

18-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

14-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

15-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 9 acts read

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

04-12-2024

Capital change

All acts · 1 updated 1 year ago

2024

04-12-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Morkoyun Serdin",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Morkoyun Cekdar",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-11-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2024-11-21",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-08-13"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0566.930.653",
    "name_full": "Eylem bvba",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
    "verslag bedrijfsrevisor"
  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Morkoyun Cekdar",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Artisanal bread and fresh pastry making10712Other retail sale of food47279Retail trade47299Manufacture of food products10711Manufacture of food products10720Limited-service restaurants56102Limited-service restaurants, excluding mobile food services56112

Names & trade names

Legal nameNL

EYLEM

Similar companies Comparable size · 890 of 2,464 companies in this sector with filed accounts

Goya BE 0753.415.826 · Gent

BODY BUSINESS BE 0475.464.108 · Ninove

EUTHENIA BE 0722.798.765 · Waterloo

Alfa Enterprise BE 0735.357.592 · Liedekerke

PAMEER BE 0474.589.029 · Gent