Skip to content
Checked.be
Complete company report
Generated 28-06-2026
Active BE 0807.255.972Private limited companyOpen bankruptcy

KARABUDAK HASAN

Terboekt 78 ·3600 Genk, Belgium· 17 yrs active
Sector: Construction of buildings (41001)
Conclusion Checked

A bankruptcy procedure is open for KARABUDAK HASAN according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €57k and a net result of €-44k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €57k
Net result €-44k
Better than sector 39%
Active 17 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency63Growth52Stability0
23 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 0
Solvency 63
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
0 / 100 Critical
050100

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

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 27-11-2024 with the NBB · fiscal year 2023 · micro
€-60k€-40k€-20k€0€20kOperating result 2018: €3k€3kNet result 2018: €4k€4kOperating result 2019: €12k€12kNet result 2019: €10k€10kOperating result 2021: €5k€5kNet result 2021: €4k€4kOperating result 2023: €-42k€-42kNet result 2023: €-44k€-44k2018201920212023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 41 — Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 26.5% 33.9%
better than 39% of 720 sector peers
Net result €-44k €11k
better than 5% of 721 sector peers
Equity €57k €18k
better than 83% of 723 sector peers
Gross operating margin €-35k €25k
better than 5% of 720 sector peers
Total assets €213k €61k
better than 86% of 720 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-42k
— 18–23
Net profit
€-44k
— 18–23
Cash flow
€-44k
— 18–23
Total assets
€213k
+26.5% 18–23
Equity
€57k
-31.4% 18–23
Working capital
€125k
-1.8% 18–23
Income taxes
€2k
-38.0% 18–23
Debt
€157k
+81.8% 18–23
Debt ≤ 1y
€86k
+146.8% 18–23
Debt > 1y
€51k
-17.8% 18–23
Current ratio
2.45
-47.2% 18–23
Quick ratio
2.45
-47.2% 18–23
Solvency
26.5%
-45.7% 18–23
Debt / equity
2.77
+164.9% 18–23
ROE
-77.6%
— 18–23
ROA
-20.6%
— 18–23
Interest coverage
-17.17
— 18–23
Figures by fiscal year
Fiscal year2023
Revenue—
EBITDA€-42k
Net profit€-44k
Cash flow€-44k
Staff costs—
Income taxes€2k
Dividends—
Total assets€213k
Equity€57k
Debt€157k
of which ≤ 1y€86k
of which > 1y—
Working capital€125k
Employees (FTE)—
Ratios (computed)
2023
Current ratio2.45
Quick ratio2.45
Working capital ratio58.5%
Solvency26.5%
Debt / equity2.77
Long-term debt ratio—
Interest coverage-17.17
Gross margin—
Net margin—
ROA-20.6%
ROE-77.6%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€213k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€170
Financial fixed assets 28€2k
Current assets 29/58€211k
Amounts receivable within one year 40/41€209k
Cash & bank 54/58€13
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€213k
Equity 10/15€57k
Contributions / capital 10/11€8k
Reserves 13€74k
Accumulated profits (losses) 14€-26k
Amounts payable 17/49€157k
Amounts payable within one year 42/48€86k
Trade debts payable within one year 44€28k
Income statement
Gross operating margin 9900€-35k
Operating result 9901€-42k
Financial income 75€2k
Financial charges 65€2k
Result before taxes 9903€-42k
Income taxes 67/77€2k
Net result for the period 9904€-44k
Result to be appropriated 9905€-44k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates3 persons
Role Name Tenure Source
Curator FELIX RUYSSCHAERT
PIEPELPOEL 13, 3700 TONGEREN
 17-10-2024 → present Belgian State Gazette
Curator MARK BERNA- ERTS
PIEPELPOEL 13, 3700 TONGEREN-
 17-10-2024 → present Belgian State Gazette
Curator STEFANIE GROSEMANS
PIEPEL- POEL 13, 3700 TONGEREN
 17-10-2024 → present Belgian State Gazette
Legal Structure
NACE primary Construction of buildings(41001)
Legal form Private limited company(610)
Incorporation21-10-2008
StatusActive
Postal code3600
First BS signal 11-12-2024
Latest BS signal 11-12-2024
Company structure — linked entities3 linked entities
KARABUDAK HASANBE 0807.255.972FELIX RUYSSCHAERTReceiver ↔ 114SKYMALeo TechnicsDS INFRAMARK BERNA- ERTSReceiverSTEFANIE GROSEMANSReceiver
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
Karabudak Hasan
Terboekt 78, 3600 GenkOptrekken van de ruwbouw van individuele huizen
since 20082.175.321.010
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.
71304D0700/00M000 Flanders 1,962 m² 1 · 137 m² 8.7 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 15 events

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

2024
11-12-2024
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KARABUDAK HASAN BV TERBOEKT 78, 3600 GENK · event 17-10-2024
27-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
30-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
25-07-2023
State Gazette act Director changes
v3.2
25-07-2023
State Gazette act Registered-office change
Véronique Delille
25-07-2023
State Gazette act Statutes amendment
v3.2
25-07-2023
State Gazette act Registered-office change
Véronique Delille
2022
19-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
03-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
28-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
28-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
30-05-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
10-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
02-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 1 events
11-12-2024
Bankruptcy Opening
Date: 17-10-2024 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KARABUDAK HASAN BV TERBOEKT 78, 3600 GENK · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-12-11 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 4 acts
Address history · 2
25-07-2023
Registered-office move
25-07-2023
Registered-office move
All acts · 4 updated 2 years ago
2023
25-07-2023 2 directors appointed Director changes
  • KARABUDAK Hasan — Bestuurder
  • HERDEM Aynur — Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "KARABUDAK Hasan",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HERDEM Aynur",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0807.255.972",
    "name_full": "KARABUDAK HASAN"
  }
}
25-07-2023 Registered office moved Registered-office change·Véronique Delille
Notary: Véronique Delille · Lanaken
Technical details 
{
  "events": [
    {
      "kind": "zetel_clause_amendment_no_move",
      "seat_type": "siege_administratif",
      "new_address": null,
      "old_address": {
        "raw": "Boshoekstraat 146 : 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Boshoekstraat",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "146",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "V\u00E9ronique Delille",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Lanaken",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-07-25",
    "filing_date": "2023-07-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-07-17",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0807.255.972",
    "name_full": "KARABUDAK HASAN",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0641.972.823",
    "org_name": "Huysmans-Ruette Boekhouding en Fiscaliteit BV",
    "person_name": null,
    "org_rep_person_name": "Jan Rosier",
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "eenzsluidend afschrift van de akte met onderhandse volmacht",
    "geco\u00F6rdineerde statuten"
  ]
}
25-07-2023 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "name_change": {
    "new": "",
    "old": "",
    "changed": false
  },
  "seat_change": {
    "changed": true
  },
  "object_change": {
    "changed": false
  },
  "subject_company": {
    "kbo": "0807.255.972",
    "name_full": "KARABUDAK HASAN"
  },
  "legal_form_change": {
    "new": "Besloten vennootschap",
    "old": "Besloten vennootschap met beperkte aansprakelijkheid",
    "changed": false
  }
}
25-07-2023 Registered office moved within Genk Registered-office change·Véronique Delille
  • Boshoekstraat 146, 3600 Genk → Terboekt 78, 3600 Genk
Notary: Véronique Delille · Lanaken
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Terboekt 78, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Terboekt",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "78",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Boshoekstraat 146, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Boshoekstraat",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "146",
        "locality_suffix": null
      },
      "effective_date": "2023-07-17",
      "evidence_quote": "De algemene vergadering besluit de huidige zaakvoerders, hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurders voor een onbepaalde duur: 1) de heer KARABUDAK Hasan, wonende te 3600 Genk, Terboekt 78, 2) mevrouw HERDEM Aynur, wo",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": "De zetel is gevestigd in het Vlaams gewest.",
      "statute_article_number": "2",
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    },
    {
      "kind": "zetel_clause_amendment_no_move",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Terboekt 78, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Terboekt",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "78",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Boshoekstraat 146, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Boshoekstraat",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "146",
        "locality_suffix": null
      },
      "effective_date": "2023-07-17",
      "evidence_quote": "De algemene vergadering besluit de huidige zaakvoerders, hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurders voor een onbepaalde duur: 1) de heer KARABUDAK Hasan, wonende te 3600 Genk, Terboekt 78, 2) mevrouw HERDEM Aynur, wo",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": "De zetel is gevestigd in het Vlaams gewest.",
      "statute_article_number": "2",
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "V\u00E9ronique Delille",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Lanaken",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-07-25",
    "filing_date": "2023-07-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2023-07-17",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0807.255.972",
    "name_full": "KARABUDAK HASAN",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0641.972.823",
    "org_name": "Huysmans-Ruette Boekhouding en Fiscaliteit BV",
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "co\u00F6rdineerde statuten",
    "afschrift van de akte met onderhandse volmacht"
  ]
}
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
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
Legal nameNL KARABUDAK HASAN
Registered office
Terboekt 78
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
AANNEMERSBEDRIJF J. DE RAEYMAECKER BE 0412.047.882 · Leuven
ALGEMEEN AANNEMINGSBEDRIJF DE CONINCK - ENTREPRISES DE CONSTRUCTION DE CONINCK BE 0417.860.756 · Herent
ALGEMENE BOUWONDERNEMING MARCOEN BE 0417.769.003 · Kortenaken
Algemene Bouwonderneming VAESSEN BE 0412.589.104 · Dilsen-Stokkem
ALGEMENE BOUWONDERNEMING VERSTRAETEN BE 0416.031.119 · Tielt-Winge
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative