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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ISTIKLAL from Antwerpen, company number BE0537898157, closed financial year 2023 with a result of € 12,164 after tax. For that financial year ISTIKLAL recorded a gross margin of € 14,013 and equity of € -59,787. Compared with financial year 2022, the result moved from € 65,736 to € 12,164. The company is profitable. 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 July 25, 2024.
€ -59,787
▲ € 12,164 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,164
▼ 81% vs 2022
Profit after tax over the fiscal year.
€ 714
▼ 97% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -84,787.
Debts at end 2023
€ 2,005
▼ 80% vs 2022
Loans from banks and other lenders, long and short.
€ 5,701
▼ 88% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1,827
▼ 41% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 100,890 | € 67,346 | € 14,013 | ▼ 79% |
| Profit after taxes | € 87,319 | € 65,736 | € 12,164 | ▼ 81% |
| Equity | € -137,686 | € -71,951 | € -59,787 | ▲ € 12,164 |
| Total debts | € 387,275 | € 235,473 | € 109,532 | ▼ 53% |
| Cash | € 86,317 | € 26,221 | € 714 | ▼ 97% |
| Retained profit | € -162,686 | € -96,951 | € -84,787 | ▲ € 12,164 |
| Bank debt | € 17,859 | € 9,996 | € 2,005 | ▼ 80% |
| Balance sheet total | € 249,589 | € 163,522 | € 49,746 | ▼ 70% |
Key figures of ISTIKLAL, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ISTIKLAL?
What happened at ISTIKLAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ISTIKLAL is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 12,164 (▼ 81% vs 2022). Source: NBB ↗
- Colak Mahmut became a director. NBB
- Ali Gun Mehmet became a director. NBB
- Coban Erdal became a director. NBB
- Kemal Soydemir stepped down as director. NBB
- New establishment in Anderlecht. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,319 profit in 2021 to € 12,164 profit in 2023.
Best year ever: 2021, with € 87,319 profit.
A new publication or filing at ISTIKLAL? We notify you, reason included.
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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 ISTIKLAL are Colak Mahmut, Ali Gun Mehmet and Coban Erdal.
Establishments
Establishment units
Physical locations of this company
Helmstraat 10
2140 Antwerpen
Helmstraat 10 box GROENSTRAA
2140 Antwerpen
Active since 1 January 2021
Birminghamstraat 112 box /
1070 Anderlecht
Active since 10 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →Cassimo
€ 276,026 gross margin · 2025
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€ 75,704 gross margin · 2025
MIDOX
€ 163,733 gross margin · 2025
CONSENSUS
€ 14,031 gross margin · 2025
SCHOOFS INVEST
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.898.157
- VAT number
- BE 0537.898.157
- Registered office
- Helmstraat 10, 2140 Antwerpen
- Names & denominations
- ISTIKLAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 August 2013
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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Detailhandel in huishoudtextiel en beddengoed
Groothandel in verlichtingsapparatuur