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KARASALIH

Active
Private limited companyfounded 2013active for 13 yearsVandeweyerstraat 8, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0539.952.181
Summary

KARASALIH has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,429 and a net result of €11,221. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 90% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-10-2013 Normal situation
Activity
Retail sale of bread and pastry (bakery outlets) NACE 47241and 1 other
Establishment unit
2.223.599.294 1030 Schaarbeek, since 12-11-2013
Financial year end
30 June
Peppol
Reachable since 20-11-2025

Board and ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€71,263
▼ 8.3%
Turnover
≈ €550,000
estimated
Profit
€11,221
▲ 427%
Equity
€14,429
▲ 350%
Total assets
€17,504
▼ 4.2%
Staff
≈ 1.4 FTE
estimated
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €17,504lowers riskLiquidity: current ratio 5.69, cash €12,444Founded in 2013Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 95% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100+57
equity 82.4% of total assets
Liquidity 95+40
short-term debt 17.6% · cash 71.1%
Profitability 100+17
return on assets 64.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.8%highest value 01-2025: 0.3%▼ -0.5 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.69 (1.21 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 71.1% of total assets. 17.6% 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 47, micro). It does better than 92% of them on solvency, 95% on liquidity, 96% on profitability and 98% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 5.69, cash €12,444
NBB · annual accounts
raises risk · Size: total assets €17,504
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
192122232425
2019 to 2025 · latest year €14,429
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-12-2025, 61 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
61 days early
2024
58 days early
2023
21 days early
2022
64 days early
2021
35 days early
2019
395 days late
2018
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 89% of companies in retail tradesector median 33.2% · 22,774 companies 82.4% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Registered office moved within SchaerbeekNew seat: Rue Vandeweyer 8-1030 Schaerbeek · Previous seat: Rue Gallait 6 - 1030 Schaerbeek
  2. · Gazette deed Change of role: KARAYALÇIN Selattin, from manager to director
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as KARASALIH: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €13,700 and €31,300, founded between 2006 and 2016.

CompanyTotal assetsGross margin
KARASALIH Schaarbeek€17,504€71,263
AZRAMI Antwerpen€20,569€66,214
LINGUA RR Antwerpen€19,070€52,889
VETTERS HEIDI Maasmechelen€18,985€61,470
't BROODATELIER Keerbergen€21,776€62,720
NAHALI Liège€31,259€63,482
PANYMAS Brussel€13,656€35,958
Full comparison

Key facts about KARASALIH

What is the company number of KARASALIH?
The company number of KARASALIH is 0539.952.181. The VAT number is the same number with BE in front: BE 0539.952.181.
Where is KARASALIH based?
The registered office is at Vandeweyerstraat 8, 1030 Schaarbeek.Company details
What does KARASALIH do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of KARASALIH?
The legal form of KARASALIH is Private limited company (BV).
When was KARASALIH founded?
KARASALIH was founded on 03-10-2013.
Is KARASALIH still active?
Yes, KARASALIH is an active enterprise in the KBO register.
What is the turnover of KARASALIH?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €71,263 and 45 comparable companies (NACE 472). It probably lies between €300,000 and €730,000. In financial year 2019 turnover was €69,930.Financials
Is KARASALIH profitable?
In financial year 2025, KARASALIH made a profit of €11,221.
Where can I find the annual accounts of KARASALIH?
KARASALIH filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KARASALIH due?
KARASALIH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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