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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2026; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2026.
Financials
Financial year 2026
CATALHAN from Lievegem, company number BE0473114530, closed financial year 2026 with a result of € -4,600 after tax. For that financial year CATALHAN recorded a gross margin of € 14,175 and equity of € -13,462. Compared with financial year 2025, the result moved from € -609 to € -4,600. 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 September 25, 2026.
€ -13,462
▼ € 4,600 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,600
▼ 655 % more loss than in 2025
Profit after tax over the fiscal year.
€ 1,501
▼ 37% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -151,462.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
€ 126,989
▼ 7% vs 2025
€ 10,192 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 21
▼ 67% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 21,747 | € 18,981 | € 18,825 | € 14,175 | ▼ 25% |
| Profit after taxes | € 3,270 | € 312 | € -609 | € -4,600 | ▼ € 3,991 |
| Equity | € -8,565 | € -8,253 | € -8,862 | € -13,462 | ▼ € 4,600 |
| Total debts | € 345,775 | € 333,510 | € 323,249 | € 314,853 | ▼ 3% |
| Cash | € 745 | € 1,024 | € 2,386 | € 1,501 | ▼ 37% |
| Land & buildings | € 336,465 | € 324,233 | € 312,001 | € 299,769 | ▼ 4% |
| Retained profit | € -146,565 | € -146,253 | € -146,862 | € -151,462 | ▼ € 4,600 |
| Bank debt | € 159,423 | € 146,595 | € 136,920 | € 126,989 | ▼ 7% |
| Balance sheet total | € 337,210 | € 325,257 | € 314,387 | € 301,391 | ▼ 4% |
Key figures of CATALHAN, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CATALHAN?
What happened at CATALHAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Linda Verdonck stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 4,600. Source: NBB ↗
- Ozan Catal became a director. NBB
- Linda Verdonck became a director. NBB
- Karine Verdonck stepped down as director. NBB
- Karine Verdonck became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,270 profit in 2023 to € 4,600 loss in 2026.
Paid € 960 in corporate taxes since 2023.
Best year ever: 2023, with € 3,270 profit.
Management
Behind CATALHAN is Ozan Catal. Ozan Catal is also behind Ozan Catal.
Directors
According to the 2026 annual accounts
since 2025
since 2025 · until 2031
Karine Verdonck
Director
since 2009 · until 2025
Establishments
Establishment units
Physical locations of this company
Meirestraat 17
9921 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.114.530
- VAT number
- BE 0473.114.530
- Registered office
- Meirestraat 17, 9921 Lievegem
- Names & denominations
- CATALHAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2000
- Peppol
- Active · Active since 15 Aug 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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