SILVER PACK
ActiveSummary
The computed 12-month bankruptcy probability of SILVER PACK is 7.5% (elevated). The 2024 annual accounts show equity of €26,383 and a net result of €1,383. Its solvency ranks better than 24% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €26,383
- Profit
- €1,383
- BARIS ERDOGANDirector
- KENNAN ATESDirector
- HÜLYA ŞİMŞEKDirector
Why 32raises risk1 financial year not filed after the legal deadline; last filed accounts filed 77 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 23-10-2025)No registered site in the KBOlowers riskSize: total assets €509,713Show the evidence
Checked score
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 20% on solvency, 5% on liquidity and 31% on profitability.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its 2024 accounts 77 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Resignation: SADIK Biçel (director)Appointment: HÜLYA ŞİMŞEK (director) ·…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: SADIK Biçel, KENNAN ATES…
Financials · financial year 2024, micro format
2024 annual accounts filed late (77 days) Filed on 16 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00547387.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.8% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €200 |
| Gross operating margin9900 | €1,791 |
| Operating profit (loss)9901 | €1,591 |
| Financial income75/76B | €2 |
| Recurring financial income75 | €2 |
| Financial charges65/66B | €210 |
| Recurring financial charges65 | €210 |
| Profit (loss) for the period before taxes9903 | €1,383 |
| Profit (loss) for the period9904 | €1,383 |
| Profit (loss) for the period to be appropriated9905 | €1,383 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €509,713 | |
| Fixed assets21/28 | €363,642 | |
| Tangible fixed assets22/27 | €363,642 | |
| Land and buildings22 | €363,642 | |
| Current assets29/58 | €146,071 | |
| Amounts receivable within one year40/41 | €136,101 | |
| Trade receivables40 | €17,344 | |
| Other amounts receivable41 | €118,757 | |
| Cash at bank and in hand54/58 | €9,970 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €509,713 | |
| Equity10/15 | €26,383 | |
| Contributions10/11 | €25,000 | |
| Capital10 | €25,000 | |
| Issued capital100 | €25,000 | |
| Profit (loss) carried forward14 | €1,383 | |
| Amounts payable17/49 | €483,330 | |
| Amounts payable within one year42/48 | €483,330 | |
| Trade debts44 | €51,156 | |
| Suppliers440/4 | €51,156 | |
| Other amounts payable47/48 | €432,174 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €1,383 |
| Operating cash flow (approximation) | €1,383 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 16-10-2025 | 2025-00547387 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BARIS ERDOGAN |
|
| KENNAN ATES |
|
| HÜLYA ŞİMŞEK |
|
| SADIK Biçel |
|
Owners and capital
Capital and shareholders
- KENNAN ATES founder
- BARIS ERDOGAN founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 24-07-2023 Incorporation · €25,000 · 100 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
24-08
Gazette deed
Resignation: SADIK Biçel (director)Appointment: HÜLYA ŞİMŞEK (director) · Power of attorney8 facts ▸
- General meeting, 15-06-2026
- Board composition, SADIK Biçel (director)
- Board composition, KENAN ATEŞ (director)
- Board composition, BARIN ERDOĞAN (director)
- Director resignation, SADIK Biçel (director)
- Director appointment, HÜLYA ŞİMŞEK (director (not named in the articles))
- Board composition, HÜLYA ŞİMŞEK (director)
- Power of attorney, HÜLYA ŞİMŞEK
24-07
Gazette deed
IncorporationAppointments: SADIK Biçel, KENNAN ATES and BARIS ERDOGAN · Founder · Founding capital10 facts ▸
- Incorporation, “SILVER PACK” (deed in French)
- Founder, KENNAN ATES
- Founder, BARIS ERDOGAN
- Founding capital, €25,000
- Capital
- Other provision, “effectivité des décisions finales et transitoires, société acquerra la personnalité morale” (deed in French)
- Registered office clause, “1040 Etterbeek, Rue Abbé Cuypers 3” (deed in French)
- Director appointment, SADIK Biçel (director)
- Director appointment, KENNAN ATES (director)
- Director appointment, BARIS ERDOGAN (director)
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société sera active dans le domaine des services de conseil,du commerce international,des importations et des exportations,du commerce…” (deed in French)
19 activities (deed in French)
- La société sera active dans le domaine des services de conseil,du commerce international,des importations et des exportations,du commerce des matières premières,des produits semi-finis et finis en papier et carton,y compris tout type de produits en papier et en carton,du commerce des feuilles d'aluminium,du commerce de matériaux d'emballage,services de conseil pour transfert de savoir-faire et de conseil en investissement,développement de projets pour soutenir l’innovation et autres activités similaires ;
- Commerce de gros d'autres produits intermédiaires;
- Commerce de gros d'articles en papier ou en carton ;
- Fabrication de papier et de carton ondulés et d'emballages en papier ou en carton ;
- Commerce de détail de journaux et de papeterie en magasin spécialisé;
- Intermédiaires spécialisés dans le commerce d'autres produits spécifiques ;
- Conseil pour les affaires et autres conseils de gestion ;
- Études de marché et sondages d'opinion ;
- Activités des sociétés holding ;
- Autres activités de soutien aux entreprises;
- Conseil en relations publiques et en communication ;
- Tous formes de service,entretien et accomplir toutes opérations de consultancy.
- Accomplir toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet.
- S’intéresser par toutes voies dans toutes les affaires,entreprises ou sociétés,ayant un objet identique,analogue ou connexe ou qui sont de nature à favoriser le développement de son entreprise.
- Exercer des mandats d’administrateurs ou de liquidateur dans d’autres sociétés.
- Elle pourra dans ce cadre assurer la gestion journalière et la représentation dans les opérations relevant de cette gestion journalière conformément au code des sociétés,ceci dans des affaires au profit de tiers et pour leur compte;
- Toute prestation en relation avec des biens,immeubles,construits ou non,ainsi que sur des biens mobiliers de toute nature,comme acquérir et vendre,échanger,lotir,et réaliser tous les biens immobiliers et mobiliers lever ou céder des droits d’options pour l’achat,la gestion d’immeubles ou sociétés immobilières,d’expertise,d’agent concernant d’immeubles,ceci en nom propre ou pour compte de tiers;
- Exercer l’activité de service,en tant qu’agent,en rapport avec les activités précitées,pour compte propre et pour compte de tiers ;
- La société peut faire toutes opérations industrielles,commerciales et financières,mobilières et immobilières de nature à promouvoir ou à faciliter la réalisation de l'objet social;elle peut notamment participer à toutes entreprises ayant un objet similaire ou dont l'objet se rapporte étroitement au sien,solliciter et accorder tous crédits,se porter garante des engagements des tiers en conférant hypothèque sur ses biens,fournir caution et se porter aval,donner en gage son fonds de commerce.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SILVER PACK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alonedeed of 24-08-2026
- Board ruleHow the board is made up, meets and takes decisions.
- “1, nommés avec ou sans limitation de durée” (deed in French)deed of 24-07-2023
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)