SULTAN EEKLO
ActiveSummary
The computed 12-month bankruptcy probability of SULTAN EEKLO is 3.0% (moderate). The 2026 annual accounts show negative equity (-€6,258) and a net result of €217. Equity has been shrinking by about 23% per year since 2024. Its solvency ranks better than 7% of 650 sector peers (NACE 47, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-05-2023 Normal situation
- Activity
- Other non-specialised retail sale NACE 47120and 1 other
- Establishment unit
- 2.347.630.127 9900 Eeklo, since 23-05-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 21-08-2026
Board and ownership
- Enes Muhammed A PalitDirector · since 23-05-2023
- Sandra TempereDirector · since 23-05-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- €1,088
- Turnover
- ≈ €11,000
- estimated
- Profit
- €217
- Equity
- -€6,258
- ▲ 3.4%
- Total assets
- €4,648
- ▲ 145%
- Negative equity on 31-03-2026
Score breakdownraises riskEx-officio strike-off in the KBO1 change of registered office in 24 monthsFounded in 2023lowers riskLiquidity: current ratio 0.43, cash €4,540Show the evidence
Checked score
About 3 in 100 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 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 36% on profitability and 48% on growth.
The bankruptcy probability was computed on 01-11-2026 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 3 accounts on average 51 days before 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 (1)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 08-09-2026 at the NBB all 3 filings
2024 to 2026, 3 financial years
The operating result for 2026 is a profit of €264, after a loss of €2,956 in 2025. It is the highest result since 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.
Investments
| Item | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|
| Financial fixed assets | - | - | €0 |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €1,084 | €825 | ▼ 23.9% |
| Gross operating margin9900 | -€4,330 | -€1,872 | €1,088 | - |
| Operating profit (loss)9901 | -€4,330 | -€2,956 | €264 | - |
| Financial income75/76B | - | €2 | €0 | ▼ 100% |
| Recurring financial income75 | - | €2 | €0 | ▼ 100% |
| Financial charges65/66B | €40 | €152 | €47 | ▼ 69.4% |
| Recurring financial charges65 | €40 | €152 | €47 | ▼ 69.4% |
| Profit (loss) for the period before taxes9903 | -€4,370 | -€3,105 | €217 | - |
| Profit (loss) for the period9904 | -€4,370 | -€3,105 | €217 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,370 | -€3,105 | €217 | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Current assets29/58 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Amounts receivable within one year40/41 | €1,353 | €1,603 | €108 | ▼ 93.2% |
| Other amounts receivable41 | €1,353 | €1,603 | €108 | ▼ 93.2% |
| Cash at bank and in hand54/58 | €206 | €292 | €4,540 | ▲ 16× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,559 | €1,894 | €4,648 | ▲ 145% |
| Equity10/15 | -€3,370 | -€6,475 | -€6,258 | ▲ 3.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€4,370 | -€7,475 | -€7,258 | ▲ 2.9% |
| Amounts payable17/49 | €4,929 | €8,370 | €10,907 | ▲ 30.3% |
| Amounts payable within one year42/48 | €4,929 | €8,370 | €10,907 | ▲ 30.3% |
| Trade debts44 | €3,575 | €12 | €1,728 | ▲ 150× |
| Suppliers440/4 | €3,575 | €12 | €1,728 | ▲ 150× |
| Taxes, remuneration and social security45 | - | - | €221 | - |
| Taxes450/3 | - | - | €221 | - |
| Other amounts payable47/48 | €1,354 | €8,358 | €8,958 | ▲ 7.2% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,370 | -€3,105 | €217 | - |
| Operating cash flow (approximation) | -€4,370 | -€3,105 | €217 | - |
| Change in cash | - | €85 | €4,248 | ▲ 50× |
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, 516 companies had the same profile as SULTAN EEKLO has now. Two years later, 4.5% had gone bankrupt and 91.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit under 5% of the balance sheet
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SULTAN EEKLO itself: 3.0% 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 516 companies, not a prediction for SULTAN EEKLO. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- TEMPERE Sandra Monique Marcella founder
- PALIT Enes Muhammed Asim founder
Capital transactions
- 25-05-2023 Incorporation · €1,000 · 100 shares
The directors' other companies
1 other company of this director was struck off by the FPS Economy (2026).
- WITTELACH struck off on 31-05-2026Official Gazetteappointed in 2023, still in office
1 other company of this director was struck off by the FPS Economy (2026).
- WITTELACH struck off on 31-05-2026Official Gazetteappointed in 2023, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Enes Muhammed A Palit |
|
| Sandra Tempere |
|
Network & group
Companies at the same address
1 other companyConnections & network
3 connected companiesTimeline
Acts, filings and financial milestones
15-06
Gazette deed
Registered office moved within Eeklo3 points ▸
- General meeting, 15-04-2026
- Registered-office move, Stationsstraat 92, 9900 Eeklo
- Other provision, “naam en hoedanigheid, formuliervoorschrift” (deed in Dutch)
25-05
Gazette deed
IncorporationStarting capital €1,000 · Appointments: TEMPERE Sandra Monique Marcella (director) and PALIT Enes Muhammed Asim (director) · Founder8 points ▸
- Incorporation, 22-05-2023
- Founder, TEMPERE Sandra Monique Marcella
- Founder, PALIT Enes Muhammed Asim
- Founding capital, €1,000
- Registered office clause, “9900 Eeklo,Oostveldstraat 34” (deed in Dutch)
- Board rule, 2
- Director appointment, TEMPERE Sandra Monique Marcella (director (not named in the articles))
- Director appointment, PALIT Enes Muhammed Asim (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
SULTAN EEKLO was incorporated on 23 May 2023 as a private limited company by two natural persons, with a starting capital of €1,000.12 The registered office was moved to Eeklo in 2026.3 The board currently has 2 members, 2 of whom have served since 2023.4 Total assets rose from €1,559 in 2024 to €4,648 in 2026.5
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 NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43352E0838/00T004 | Flanders | 134 m² | 1 · 134 m² | 13.8 m · 3 |