Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KARTAL from Gent, company number BE0453496576, closed financial year 2025 with a result of € 3,805 after tax. For that financial year KARTAL recorded revenue of € 189,738 and equity of € 12,244. Compared with financial year 2024, the result moved from € 3,675 to € 3,805. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.
€ 12,244
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,805
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 3,093
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6,348.
People and assets in 2025
€ 12,236
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30,413
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,157
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 166,422 | € 186,380 | € 182,972 | € 189,738 | ▲ 4% |
| Gross margin | € 285 | € 18,563 | € 21,292 | € 22,175 | ▲ 4% |
| Profit after taxes | € -2,363 | € 11,735 | € 3,675 | € 3,805 | ▲ 4% |
| Equity | € -6,972 | € 4,764 | € 8,439 | € 12,244 | ▲ 45% |
| Total debts | € 92,865 | € 68,561 | € 57,313 | € 55,630 | ▼ 3% |
| Cash | € 3,852 | € 2,127 | € 3,051 | € 3,093 | ▲ 1% |
| Retained profit | € -25,564 | € -13,828 | € -10,153 | € -6,348 | ▲ € 3,805 |
| Balance sheet total | € 85,894 | € 73,324 | € 65,752 | € 67,874 | ▲ 3% |
Key figures of KARTAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KARTAL?
What happened at KARTAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,805 (▲ 4% vs 2024). filed late Source: NBB ↗
- Yasin CALINALTI became a director. NBB
- Hasan CALINALTI became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,363 loss in 2022 to € 3,805 profit in 2025.
Paid € 6,887 in corporate taxes since 2022.
Best year ever: 2023, with € 11,735 profit.
Management
Behind KARTAL are Yasin CALINALTI, Altin CALINALTI and Hasan CALINALTI.
Directors
According to the 2025 annual accounts
Yasin CALINALTI
Director
since 2018
Altin CALINALTI
Director
Hasan CALINALTI
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Bevrijdingslaan 38
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.496.576
- VAT number
- BE 0453.496.576
- Registered office
- Bevrijdingslaan 38, 9000 Gent
- Names & denominations
- KARTAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1994
- Peppol
- Active · Active since 6 Aug 2025
- Activities · NACE
Detailhandel in verlichtingsartikelen
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
Groothandel in niet-elektrische huishoudelijke artikelen
Detailhandel in huismeubilair
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Detailhandel in huismeubilair in gespecialiseerde winkels