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KARAARSLAN

Active
Private limited companyfounded 2023active for 3 yearsTolpoortstraat 23, 9800 Deinze, BelgiumKBO/BCE: BE 1001.191.933
Summary

The computed 12-month bankruptcy probability of KARAARSLAN is 2.7% (moderate). The 2025 annual accounts show equity of €34,762 and a net result of €19,211. Its solvency ranks better than 81% of 790 sector peers (NACE 10, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 13-10-2023 Normal situation
Activity
Artisanal bread and fresh pastry making NACE 10712and 2 others
Establishment unit
2.351.076.102 9800 Deinze, since 13-10-2023
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Shareholders
  • ICKIN ORKUNact of 03-12-2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts 2025
Turnover
€433,721
▲ 162%
Profit
€19,211
▲ 246%
Equity
€34,762
▲ 124%
Total assets
€51,240
▼ 49.2%
Staff
1 FTE
Turnover +162%: other schema
Score breakdownraises riskFounded in 2023Size: turnover €433,721, 1 FTE, total assets €51,240Sector: Manufacture of food products (NACE 10)lowers riskEquity €34,762 (67.8% of total assets)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 76% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 93+53
equity 67.8% of total assets
Liquidity 53+29
short-term debt 32.2% · cash 13.5%
Profitability 84+17
return on assets 37.5%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,083 companies, NACE 10, micro)
Last 24 months 12-2024: 3.7% 01-2025: 3.7%● unchanged vs 12-2024 02-2025: 4.2%▲ +0.5 percentage points vs 01-2025 03-2025: 4.2%● unchanged vs 02-2025highest value 04-2025: 3.0%▼ -1.2 percentage points vs 03-2025 05-2025: 3.2%▲ +0.2 percentage points vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.1%▼ -0.1 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.2%▲ +0.1 percentage points vs 08-2025 10-2025: 3.3%▲ +0.1 percentage points vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.4%▲ +0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.6%▲ +0.1 percentage points vs 04-2026 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▼ -0.8 percentage points vs 06-2026lowest value 08-2026: 2.7%● unchanged vs 07-2026lowest value 09-2026: 2.7%● unchanged vs 08-2026lowest value 10-2026: 2.7%● unchanged vs 09-2026lowest value 11-2026: 2.7%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.69 (0.6 in 2024), below 1. Short-term debt is 32.2% and cash 13.5% of total assets. 32.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 81% of them on solvency, 55% on liquidity, 73% on profitability and 96% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €433,721, 1 FTE, total assets €51,240
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Equity €34,762 (67.8% of total assets)
NBB · annual accounts
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 15-06-2026, 46 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
46 days early
2024
146 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 96 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Turnover rose in 2025different schema filed ▲ 162% View
  • Caution: Less equity than 89% of companies in food productssector median €2.1m · 790 companies €34,762 View
  • New directorlatest change 05-11-2025 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: ICKIN ORKUN (director)ICKIN ORKUN holds 50 shares
  2. · Gazette deed Transfer of 33 sharesResignation: AKBULUT HÜSEYIN (director) · Director discharge: AKBULUT HÜSEYIN · KARAARSLAN HASAN holds all the shares
  3. · Gazette deed IncorporationStarting capital €10,000 · Appointments: KARAARSLAN Hasan (director) and AKBULUT Hüseyin (director) · Founder: KARAARSLAN Hasan · Founder: AKBULUT Hüseyin
All 5 events

Comparable companies

These companies have the same main activity as KARAARSLAN: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €45,300 and €129,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
KARAARSLAN Deinze€51,240€93,602
BAKKERIJ VAN BEDAF Essen€51,692€64,286
Mimi Pâtisserie Ans€128,998€104,839
BOZKIR Antwerpen€48,278€94,832
SOFKA BUSINESS Koekelberg€45,329€89,506
Sura 23 Bornem€55,838€111,911
BAKKERIJ AFRAH Antwerpen€59,486€83,086
Full comparison

Key facts about KARAARSLAN

What is the company number of KARAARSLAN?
The company number of KARAARSLAN is 1001.191.933. The VAT number is the same number with BE in front: BE 1001.191.933.
Where is KARAARSLAN based?
The registered office is at Tolpoortstraat 23, 9800 Deinze.Company details
What does KARAARSLAN do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of KARAARSLAN?
The legal form of KARAARSLAN is Private limited company (BV).
When was KARAARSLAN founded?
KARAARSLAN was founded on 13-10-2023.
Is KARAARSLAN still active?
Yes, KARAARSLAN is an active enterprise in the KBO register.
How many employees does KARAARSLAN have?
KARAARSLAN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KARAARSLAN?
The turnover of KARAARSLAN was €433,721 in financial year 2025, according to the filed annual accounts.
Is KARAARSLAN profitable?
In financial year 2025, KARAARSLAN made a profit of €19,211.
Where can I find the annual accounts of KARAARSLAN?
KARAARSLAN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KARAARSLAN due?
KARAARSLAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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