Skip to content
Checked.be
Complete company report
Generated 04-08-2026
Active BE 1001.191.933Private limited company

KARAARSLAN

Tolpoortstraat 23 ·9800 Deinze, Belgium· 2 yrs active
Sector: Food manufacturing (10712)
Conclusion Checked

The computed 12-month bankruptcy probability of KARAARSLAN is 2.4% (moderate). The 2024 annual accounts show equity of €16k and a net result of €6k. Its solvency ranks better than 42% of 631 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €16k
Net result €6k
Better than sector 42%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health45Profitability60Solvency12Growth50Stability67
47 / 100

Mixed profile: strong on stability, weaker on solvency.

Health 45
Profitability 60
Solvency 12
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +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 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
45 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 07-03-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 15.4% 21.2%
better than 42% of 631 sector peers
Net result €6k €7k
better than 47% of 630 sector peers
Equity €16k €26k
better than 41% of 631 sector peers
Gross operating margin €29k €60k
better than 34% of 629 sector peers
Staff costs €13k €61k
higher than 18% of 425 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue€166k
EBITDA€12k
Net profit€6k
Cash flow€12k
Staff costs€13k
Income taxes-
Dividends-
Total assets€101k
Equity€16k
Debt€85k
of which ≤ 1y€85k
of which > 1y-
Working capital€-34k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.60
Quick ratio0.55
Working capital ratio-34.1%
Solvency15.4%
Debt / equity5.49
Long-term debt ratio-
Interest coverage13.38
Gross margin11.1%
Net margin3.3%
ROA5.5%
ROE35.7%
EBITDA margin7.5%
Days sales outstanding67d
Days payable outstanding149d
Inventory turnover38.58
Days inventory (DSI)9d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€101k
Fixed assets 21/28€50k
Tangible fixed assets 22/27€45k
Financial fixed assets 28€5k
Current assets 29/58€51k
Stocks & contracts in progress 3€4k
Amounts receivable within one year 40/41€30k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€101k
Equity 10/15€16k
Contributions / capital 10/11€10k
Reserves 13€6k
Amounts payable 17/49€85k
Amounts payable within one year 42/48€85k
Trade debts payable within one year 44€60k
Income statement
Turnover 70€166k
Gross operating margin 9900€29k
Operating result 9901€6k
Financial income 75€0
Financial charges 65€931
Result before taxes 9903€6k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • ICKIN ORKUN
    Director
    State Gazette act 25152634 (03-12-2025)
    Current
    05-11-2025 → present
  • KARAARSLAN HASAN
    Director
    State Gazette act 25102724 (13-08-2025)
    Current
    30-06-2025 → present
Former directors (1)
  • AKBULUT HÜSEYIN
    Director
    State Gazette act 25102724 (13-08-2025)
    Former
    - → 30-06-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Food manufacturing(10712)
Legal form Private limited company(610)
Incorporation13-10-2023
StatusActive
Postal code9800
Establishment units 1 location
KARAARSLAN
Tolpoortstraat 23, 9800 DeinzeAmbachtelijke vervaardiging van brood en van vers banketbakkerswerk
since 20232.351.076.102
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.
44011B0642/00A000 Flanders 175 m² 1 · 175 m² 13.6 m · 2 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 4 events

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

2025
03-12-2025
State Gazette act Director changes
v3.2
13-08-2025
State Gazette act Director changes
v3.2
07-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2023
17-10-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 8 months ago
2025
03-12-2025 ICKIN ORKUN appointed as director Director changes
  • ICKIN ORKUN, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "ICKIN ORKUN",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-05",
      "evidence_quote": "De heer ICKIN ORKUN, woonachtig te Schildersstraat 21 bus 0301 - 9040 Gent, wordt vanaf heden benoemd tot bestuurder."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1001.191.933",
    "name_full": "KARAARSLAN",
    "legal_form": "BV"
  }
}
13-08-2025 1 director appointed, 1 resigning Director changes
  • KARAARSLAN HASAN, Bestuurder
  • AKBULUT HÜSEYIN, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "AKBULUT H\u00DCSEYIN",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-06-30",
      "evidence_quote": "De heer AKBULUT H\u00DCSEYIN wordt vanaf heden ontslagen als bestuurder. Er wordt hem kwijting verleend.",
      "discharge_granted": true
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "KARAARSLAN HASAN",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-06-30",
      "evidence_quote": "33 aandelen van de heer AKBULUT H\u00DCSEYIN worden overgedragen aan de heer KARAARSLAN HASAN. ... KARAARSLAN HASAN Bestuurder"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1001.191.933",
    "name_full": "KARAARSLAN",
    "legal_form": "BV"
  }
}
2023
17-10-2023 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "Tolpoortstraat 23, 9800 Deinze",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1985-08-10",
        "name": "KARAARSLAN Hasan",
        "niss": null,
        "address": "Amanda Foketstraat 30, 9000 Gent"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 5000,
      "holder_person_name": "KARAARSLAN Hasan",
      "is_subscriber_only": true,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 5000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1989-10-01",
        "name": "AKBULUT H\u00FCseyin",
        "niss": null,
        "address": "Sparrestraat 16, 9920 Lievegem"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 5000,
      "holder_person_name": "AKBULUT H\u00FCseyin",
      "is_subscriber_only": true,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 5000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 10000,
  "subject_company": {
    "kbo": "1001.191.933",
    "name_full": "KARAARSLAN",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2023-10-13",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Detailhandel in brood en banketbakkerswerk in gespecialiseerde winkels (koude bakkers)47241Detailhandel in brood en banketbakkerswerk (koude bakkers)47241Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL KARAARSLAN
Registered office
Tolpoortstraat 23
9800 Deinze, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
MONSIF BE 0442.282.881 · Anderlecht
AU MOULIN GOURMAND BE 0475.352.359 · Aubange
SIBEL BE 0436.702.710 · Namur
MDG N.V S.A. BE 0435.085.778 · Brussel
HILAL BE 0472.166.801 · Gent
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative