Sirmacek
ActiveSummary
Sirmacek has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,598 and a net result of €10,973. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 91% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-11-2008 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Establishment unit
- 2.174.515.118 2660 Antwerpen, since 06-11-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €48,821
- ▲ 115%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €10,973
- ▼ 1.2%
- Equity
- €75,598
- ▲ 17.0%
- Total assets
- €94,984
- ▲ 32.7%
- Staff
- ≈ 0.9 FTE
- estimated
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)1 of the last 3 accounts lateSize: total assets €94,984lowers riskLiquidity: current ratio 4.77, cash €52,895Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 94% of them on solvency, 94% on liquidity, 70% on profitability and 63% 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
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-06-2026 PDF all 16 filings
Every figure per financial year
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €3,058 | €2,181 | - |
| Depreciation and write-downs of the year | - | - | €427 | €1,166 | €1,187 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €2,961 | €6,773 | €29,987 | ▲ 343% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | €427 | €1,166 | €1,187 | ▲ 1.8% |
| Other operating charges640/8 | - | - | - | €652 | €1,450 | €493 | €755 | €1,250 | ▲ 65.5% |
| Gross operating margin9900 | €5,539 | €4,295 | €7,033 | €1,258 | -€550 | €24,910 | €22,692 | €48,821 | ▲ 115% |
| Operating profit (loss)9901 | €4,845 | -€84 | €6,523 | €606 | -€1,999 | €21,029 | €13,997 | €16,398 | ▲ 17.2% |
| Financial income75/76B | - | - | - | - | €2,113 | €1,900 | €288 | €616 | ▲ 114% |
| Recurring financial income75 | - | €2,600 | €3,570 | - | €2,113 | €1,900 | €288 | €616 | ▲ 114% |
| Financial charges65/66B | - | - | - | €49 | €69 | €224 | €162 | €359 | ▲ 123% |
| Recurring financial charges65 | €180 | €141 | €73 | €49 | €69 | €224 | €162 | €359 | ▲ 123% |
| Profit (loss) for the period before taxes9903 | €4,665 | €2,374 | €10,019 | €557 | €45 | €22,705 | €14,123 | €16,654 | ▲ 17.9% |
| Income taxes67/77 | €511 | €500 | - | €123 | €8 | €5,130 | €3,014 | €5,681 | ▲ 88.5% |
| Profit (loss) for the period9904 | €4,154 | €1,874 | €10,019 | €434 | €36 | €17,575 | €11,109 | €10,973 | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €4,154 | €1,874 | €10,019 | €434 | €36 | €17,575 | €11,109 | €10,973 | ▼ 1.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €42,243 | €44,319 | €51,544 | €51,600 | €51,961 | €78,015 | €71,553 | €94,984 | ▲ 32.7% |
| Fixed assets21/28 | - | - | - | - | - | €2,631 | €3,646 | €2,459 | ▼ 32.6% |
| Tangible fixed assets22/27 | - | - | - | - | - | €2,631 | €3,646 | €2,459 | ▼ 32.6% |
| Plant, machinery and equipment23 | - | - | - | - | - | €2,631 | €2,841 | €1,850 | ▼ 34.9% |
| Furniture and vehicles24 | - | - | - | - | - | - | €805 | €609 | ▼ 24.4% |
| Current assets29/58 | €42,243 | €44,319 | €51,544 | €51,600 | €51,961 | €75,383 | €67,907 | €92,526 | ▲ 36.3% |
| Stocks and contracts in progress3 | €3,980 | €4,025 | €4,025 | €2,775 | €8,475 | €10,925 | €12,797 | €12,172 | ▼ 4.9% |
| Stocks30/36 | - | - | - | €2,775 | €8,475 | €10,925 | €12,797 | €12,172 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €27,075 | €36,122 | €37,540 | €39,110 | €29,007 | €30,644 | €4,316 | €27,459 | ▲ 536% |
| Trade receivables40 | - | - | - | - | €184 | €3,765 | €1,160 | €7,503 | ▲ 547% |
| Other amounts receivable41 | - | - | - | €39,110 | €28,823 | €26,879 | €3,156 | €19,956 | ▲ 532% |
| Cash at bank and in hand54/58 | €11,188 | €4,171 | €9,978 | €9,716 | €14,479 | €33,815 | €50,795 | €52,895 | ▲ 4.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €42,243 | €44,319 | €51,544 | €51,600 | €51,961 | €78,015 | €71,553 | €94,984 | ▲ 32.7% |
| Equity10/15 | €38,620 | €40,495 | €50,514 | €50,948 | €50,984 | €68,559 | €64,625 | €75,598 | ▲ 17.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | - | - | - | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €18,160 | €20,035 | €30,054 | €30,488 | €30,524 | €48,099 | €44,165 | €55,138 | ▲ 24.8% |
| Amounts payable17/49 | €3,623 | €3,824 | €1,030 | €652 | €977 | €9,455 | €6,928 | €19,386 | ▲ 180% |
| Amounts payable within one year42/48 | €3,623 | €3,824 | €1,030 | €652 | €977 | €9,455 | €6,928 | €19,386 | ▲ 180% |
| Trade debts44 | €54 | €116 | €227 | €362 | €760 | €1,908 | €1,192 | €9,258 | ▲ 677% |
| Suppliers440/4 | - | - | - | €362 | €760 | €1,908 | €1,192 | €9,258 | ▲ 677% |
| Advances received on contracts in progress46 | - | - | - | - | - | €1,581 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €291 | €217 | €5,966 | €5,736 | €10,128 | ▲ 76.6% |
| Taxes450/3 | - | - | - | €291 | €217 | €5,571 | €4,369 | €6,110 | ▲ 39.8% |
| Remuneration and social security454/9 | - | - | - | - | - | €395 | €1,366 | €4,018 | ▲ 194% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,154 | €1,874 | €10,019 | €434 | €36 | €17,575 | €11,109 | €10,973 | ▼ 1.2% |
| + Depreciation and write-downs630 | - | - | - | - | - | €427 | €1,166 | €1,187 | ▲ 1.8% |
| Operating cash flow (approximation) | €4,154 | €1,874 | €10,019 | €434 | €36 | €18,002 | €12,275 | €12,160 | ▼ 0.9% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | -€2,181 | €0 | - |
| Change in cash | - | -€7,017 | €5,807 | -€263 | €4,763 | - | €16,980 | €2,100 | ▼ 87.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as Sirmacek has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Sirmacek itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Sirmacek. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00134895 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00215065 | |
| 31-12-2023 | micro format | 02-09-2024 | 2024-00429404 | |
| 31-03-2023 | micro format | 30-08-2023 | 2023-00395209 | |
| 31-03-2022 | abbreviated format | 08-09-2022 | 2022-20429661 | |
| 31-03-2021 | abbreviated format | 25-08-2021 | 2021-55800313 | |
| 31-03-2020 | abbreviated format | 25-09-2020 | 2020-55800093 | |
| 31-03-2019 | abbreviated format | 09-10-2019 | 2019-69100420 | |
| 31-03-2018 | abbreviated format | 08-09-2018 | 2018-62400410 | |
| 31-03-2017 | abbreviated format | 31-08-2017 | 2017-56300538 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 20-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AKBAS Özgür |
|
| Akbulut Abdurrahman |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 20-12-2023 (in Dutch)
Network & group
Sirmacek shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Sirmacek. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-12
Gazette deed
Company renamed from AYSEGUL to SirmacekResignation: AKBAS Özgür (director) · Appointment: AKBAS Özgür (director) · Amendment of the articles16 points ▸
- General meeting, 06-12-2023
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Name change, Sirmacek
- Registered office clause, “Kioskplaats 66,2660 Hoboken (Antwerpen)” (deed in Dutch)
- Other provision, “verkorting lopend boekjaar”, 31-12-2023 (deed in Dutch)
- Other provision, “volstorting inbreng, volledig volgestort” (deed in Dutch)
- Capital
- Power of attorney
- Other provision, “coördinatie statuten, coördinatie door ondergetekende notaris en neerlegging in vennootschapsdossier” (deed in Dutch)
- Director resignation, AKBAS Özgür (director)
- The act holds 4 more points.
10-11
Gazette deed
Resignation: Akbulut Abdurrahman (director)Appointment: Akbas Ozgur (director) · Director discharge4 points ▸
- General meeting, 30-09-2022
- Director resignation, Akbulut Abdurrahman (director)
- Director discharge, Akbulut Abdurrahman (director)
- Director appointment, Akbas Ozgur (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11383B0322/00N000 | Flanders | 70 m² | 1 · 70 m² | 14.6 m · 3 |