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SANCAK Holding

Active
Public limited companyfounded 2016active for 10 yearsAntwerpsesteenweg 667, 9040 Gent, BelgiumKBO/BCE: BE 0656.866.380
Summary

The annual accounts of SANCAK Holding for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €7,695 and a net result of -€12,344. Equity has been shrinking by about 21% per year since 2018. If that trend continues, it turns negative around financial year 2026. The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 22-06-2016 Normal situation
Activity
“Alle activiteiten van een holding-vennootschap;” (deed in Dutch)From the articles, 19 activitiesNo NACE code in the KBO yet
Establishment unit
2.254.670.077 9040 Gent, since 22-06-2016
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
-€1,205
▲ 85.9%
Loss
€12,344
▼ 36.8%
Equity
€7,695
▼ 61.6%
Total assets
€901,003
=
  • 2025 accounts filed 27 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.00, cash €909Last filed accounts filed 27 days late; 1 of the last 3 accounts latelowers riskSize: total assets €901,003No main activity registeredShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies without a NACE code
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-1
equity 0.9% of total assets
Liquidity 41=
short-term debt 24.9% · cash 0.1%
Profitability 34+2
return on assets -1.4%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 8.1%highest value 01-2025: 8.1%● unchanged vs 12-2024highest value 02-2025: 3.5%▼ -4.6 percentage points vs 01-2025 03-2025: 3.5%● unchanged vs 02-2025 04-2025: 3.3%▼ -0.2 percentage points vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.2%▼ -0.1 percentage points vs 06-2025 08-2025: 1.2%▼ -2.0 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.1%▼ -0.1 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.0 (0.0 in 2024), below 1. Short-term debt is 24.9% and cash 0.1% of total assets. 99.1% 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 (no NACE code, micro). It does better than 16% of them on solvency, 23% on liquidity, 24% on profitability and 8% 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €901,003
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €909
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Last filed accounts filed 27 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
18192021232425
2018 to 2025 · latest year -€12,344
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
27 days late
2024
24 days early
2023
162 days late
2021
176 days late
2020
72 days late
2019
59 days early
2018
36 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 56 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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. The company usually files around 11 October (4 of the last 5 accounts filed within 96 days either side of that date).
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 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€12,344 View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigning, 3 reappointedReappointments: HS Meat Belgium, SANCAK Sehami and SANCAK Kenan · Permanent representative: Sinan SANCAK · Resignation: Inter Work Group (director)
  2. · Gazette deed 1 director appointed, 1 director resigningResignation: Sancak Hasan (director) · Appointment: HS Meat Belgium (director) · Permanent representative: Sancak Sinan
  3. · Gazette deed Incorporation
All 13 events

Key facts about SANCAK Holding

What is the company number of SANCAK Holding?
The company number of SANCAK Holding is 0656.866.380. The VAT number is the same number with BE in front: BE 0656.866.380.
Where is SANCAK Holding based?
The registered office is at Antwerpsesteenweg 667, 9040 Gent.Company details
What is the legal form of SANCAK Holding?
The legal form of SANCAK Holding is Public limited company (NV).
When was SANCAK Holding founded?
SANCAK Holding was founded on 22-06-2016.
Is SANCAK Holding still active?
Yes, SANCAK Holding is an active enterprise in the KBO register.
What is the turnover of SANCAK Holding?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is SANCAK Holding profitable?
In financial year 2025, SANCAK Holding made a loss of €12,344.
Where can I find the annual accounts of SANCAK Holding?
SANCAK Holding filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SANCAK Holding due?
SANCAK Holding must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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