Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SULTAN HOLIDAYS from Genk, company number BE0467711036, closed financial year 2025 with a result of € -10,666 after tax. For that financial year SULTAN HOLIDAYS recorded a gross margin of € -3,336 and equity of € -14,388. Compared with financial year 2024, the result moved from € -7,736 to € -10,666. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -14,388
▼ € 10,666 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,666
▼ 38 % more loss than in 2024
Profit after tax over the fiscal year.
€ 736
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,375.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 56
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,428 | € -3,649 | € -3,887 | € -3,336 | ▲ € 551 |
| Profit after taxes | € 2,709 | € -9,901 | € -7,736 | € -10,666 | ▼ € 2,930 |
| Equity | € 13,915 | € 4,014 | € -3,722 | € -14,388 | ▼ € 10,666 |
| Total debts | € 117 | € 5,952 | € 11,226 | € 18,684 | ▲ 66% |
| Cash | € 283 | € 183 | € 833 | € 736 | ▼ 12% |
| Land & buildings | € 9,334 | € 6,223 | € 3,111 | - | |
| Retained profit | € -17,072 | € -26,973 | € -34,709 | € -45,375 | ▼ € 10,666 |
| Balance sheet total | € 14,032 | € 9,966 | € 7,504 | € 4,296 | ▼ 43% |
Key figures of SULTAN HOLIDAYS, 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 SULTAN HOLIDAYS?
What happened at SULTAN HOLIDAYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,666. filed late Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,709 profit in 2022 to € 10,666 loss in 2025.
Best year ever: 2022, with € 2,709 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SULTAN HOLIDAYS is Mehmet Hasançebi.
Directors
According to the 2025 annual accounts
Mehmet Hasançebi
Director
Establishments
Establishment units
Physical locations of this company
Sint-Martinusplein 28
3600 Genk
Sint-Martinusplein 11 box 28
3600 Genk
Active since 26 November 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.711.036
- VAT number
- BE 0467.711.036
- Registered office
- Sint-Martinusplein 28, 3600 Genk
- Names & denominations
- SULTAN HOLIDAYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1999
- Peppol
- Active · Active since 15 Dec 2025