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HALIL GÜL

Active
Private limited company (pre-2019)founded 201511 yrs activeRue Jean Jaurès 6B, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 0633.750.587
Summary

The computed 12-month bankruptcy probability of HALIL GÜL is 1.8% (moderate). The 2025 annual accounts show negative equity (-€4,571) and a net result of -€948. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability36=
Solvency22▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.98 in 2024; short-term debt: 102.7% and cash: 0.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2.7%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,571
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
32 d early
2023
5 d early
2022
8 d early
2021
26 d early
2020
76 d late
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 10 July 2015, HALIL GÜL was incorporated.1 Total assets went from EUR 174,606 in 2018 to EUR 171,437 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€4,571▼ 26.2%
2024 · -€3,623
Total assets
€171,437=
2024 · €171,373
Net result
-€948▼ 12.5%
2024 · -€843
Working capital
-€4,571▼ 26.2%
2024 · -€3,623
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€512▲ 94.1%-€2,235▼ 336%-€696▲ 68.9%-€671▲ 3.6%-€771▼ 14.9%
Net result-€758▲ 91.5%-€2,440▼ 222%-€849▲ 65.2%-€843▲ 0.7%-€948▼ 12.5%
Equity€509▼ 59.8%-€1,931-€2,780▼ 44.0%-€3,623▼ 30.3%-€4,571▼ 26.2%
Total assets€177,680▼ 0.1%€171,362▼ 3.6%€171,449▲ 0.1%€171,373=€171,437=
Debt€177,172▲ 0.4%€173,292▼ 2.2%€174,229▲ 0.5%€174,996▲ 0.4%€176,008▲ 0.6%
Working capital€509▼ 59.8%-€1,931-€2,780▼ 44.0%-€3,623▼ 30.3%-€4,571▼ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2021: -€512-€512Net result 2021: -€758-€758Operating result 2022: -€2,235-€2,235Net result 2022: -€2,440-€2,440Operating result 2023: -€696-€696Net result 2023: -€849-€849Operating result 2024: -€671-€671Net result 2024: -€843-€843Operating result 2025: -€771-€771Net result 2025: -€948-€94820212022202320242025-€1,000-€750-€500-€250€0Operating result 2023: -€696-€696Net result 2023: -€849-€849Operating result 2024: -€671-€671Net result 2024: -€843-€843Operating result 2025: -€771-€771Net result 2025: -€948-€948202320242025
The operating result stays negative: a loss of €771 in 2025 against €671 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Solvency
-2.7%▼
2024 · -2.1%
Current ratio
0.97▼
2024 · 0.98
Quick ratio
0.00▲
2024 · 0.00
Debt to equity
-38.50▲
2024 · -48.30
ROA
-0.6%▼
2024 · -0.5%
Debt ≤ 1 year
€176,008▲
2024 · €174,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,338 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€171,373€171,437=
Current assets29/58€171,373€171,437=
Stocks and contracts in progress3€171,250€171,250=
Stocks30/36€171,250€171,250=
Cash at bank and in hand54/58€123€187▲
Equity and liabilities
Total equity and liabilities10/49€171,373€171,437=
Equity10/15-€3,623-€4,571▼
Contributions10/11€18,600€18,600=
Reserves13€97€97=
Non-distributable reserves130/1€97€97=
Reserves not available under the articles1311€97€97=
Profit (loss) carried forward14-€22,320-€23,268▼
Amounts payable17/49€174,996€176,008▲
Amounts payable within one year42/48€174,996€176,008▲
Trade debts44€387€400▲
Suppliers440/4€387€400▲
Other amounts payable47/48€174,608€175,608▲
Income statement Code20242025
Other operating charges640/8€467€400▼
Gross operating margin9900-€204-€371▼
Operating profit (loss)9901-€671-€771▼
Financial charges65/66B€172€178▲
Recurring financial charges65€172€178▲
Profit (loss) for the period before taxes9903-€843-€948▼
Profit (loss) for the period9904-€843-€948▼
Profit (loss) for the period to be appropriated9905-€843-€948▼
Appropriation of the result
Profit (loss) to be appropriated9906-€22,320-€23,268▼
Profit (loss) brought forward from the previous period14P-€21,477-€22,320▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€682€384€467€400▼ 14.5%
Gross operating margin9900-€165-€1,553-€312-€204-€371▼ 82.2%
Operating profit (loss)9901-€512-€2,235-€696-€671-€771▼ 14.9%
Financial charges65/66B€246€204€153€172€178▲ 3.1%
Recurring financial charges65€246€204€153€172€178▲ 3.1%
Profit (loss) for the period before taxes9903-€758-€2,440-€849-€843-€948▼ 12.5%
Profit (loss) for the period9904-€758-€2,440-€849-€843-€948▼ 12.5%
Profit (loss) for the period to be appropriated9905-€758-€2,440-€849-€843-€948▼ 12.5%
Line20212022202320242025Change
Assets
Total assets20/58€177,680€171,362€171,449€171,373€171,437=
Current assets29/58€177,680€171,362€171,449€171,373€171,437=
Stocks and contracts in progress3€171,250€171,250€171,250€171,250€171,250=
Stocks30/36€171,250€171,250€171,250€171,250€171,250=
Amounts receivable within one year40/41€6,430-----
Trade receivables40€3,950-----
Other amounts receivable41€2,480-----
Cash at bank and in hand54/58-€112€199€123€187▲ 52.3%
Equity and liabilities
Total equity and liabilities10/49€177,680€171,362€171,449€171,373€171,437=
Equity10/15€509-€1,931-€2,780-€3,623-€4,571▼ 26.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€97€97€97€97€97=
Non-distributable reserves130/1€97€97€97€97€97=
Reserves not available under the articles1311€97€97€97€97€97=
Profit (loss) carried forward14-€18,188-€20,627-€21,477-€22,320-€23,268▼ 4.2%
Amounts payable17/49€177,172€173,292€174,229€174,996€176,008▲ 0.6%
Amounts payable within one year42/48€177,172€173,292€174,229€174,996€176,008▲ 0.6%
Financial debts43€22-----
Credit institutions430/8€22-----
Trade debts44€4,295€348€384€387€400▲ 3.2%
Suppliers440/4€4,295€348€384€387€400▲ 3.2%
Other amounts payable47/48€172,855€172,945€173,845€174,608€175,608▲ 0.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€758-€2,440-€849-€843-€948▼ 12.5%
Operating cash flow (approximation)-€758-€2,440-€849-€843-€948▼ 12.5%
Change in cash--€88-€76€64▲ 184%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
15-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial Weakest financial yearnet -€8,963
Net result drops to -€8,963, the lowest in the series; recovery starts the following year.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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
Registered office, Saint-Nicolas · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,154 m²
Building footprint
528 m²
Volume, LiDAR
2,943 m³
2 parcels, Flanders, Wallonia · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Veldekensstraat 185, 9240 Zele
Real estate development
since 20162.257.029.157
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
62073B0866/00D002 Wallonia 1,204 m² 1 · 294 m² 7.0 m · 2 fl.
42402C1997/00M000 Flanders 950 m² 1 · 234 m² 12.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2015
Fiscal year end31-12
Abbreviation NL BVBA
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.