Active · per the CBE, 30 September 2026

BALSIS

BE0773465132

Rechtspersoon Private limited company 1 establishment

BALSIS is a hospitality business in Genk. Private Limited, started on 2 September 2021, 1 establishment.

Grotestraat 192 box 23, 3600 Genk

Behind the company: Muhammet CINAR.

Active for

5 year

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.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BALSIS from Genk, company number BE0773465132, closed financial year 2025 with a result of € -112,768 after tax. For that financial year BALSIS recorded a gross margin of € -70,614 and equity of € -115,495. Compared with financial year 2024, the result moved from € -8,263 to € -112,768. 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.

What it is worth Caution

€ -115,495

▼ € 112,768 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -112,768

▼ 1265 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,562

▲ € 2,536 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -118,495.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 27,167

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

Bank debt ≈ 2 years to go

€ 22,919

€ 9,870 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 41,204

▲ € 41,139 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 3,978

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 12,952 € -844 € -6,012 € -70,614 ▼ € 64,602
Profit after taxes € 5,721 € -3,185 € -8,263 € -112,768 ▼ € 104,505
Equity € 8,721 € 5,535 € -2,727 € -115,495 ▼ € 112,768
Total debts € 2,988 € 4,574 € 2,836 € 243,885 ▲ € 241,049
Cash € 5,465 € 4,231 € 25 € 2,562 ▲ € 2,536
Retained profit € 5,721 € 2,535 € -5,727 € -118,495 ▼ € 112,768
Bank debt € 0 € 0 € 0 € 22,919
Balance sheet total € 11,709 € 10,110 € 108 € 128,390 ▲ € 128,282

Key figures of BALSIS, 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 BALSIS?

What happened at BALSIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 112,768. filed late Source: NBB ↗
  • Muhammet CINAR became a director. NBB
  • Ayoub CHARRAT stepped down as director. NBB
  • Ayoub CHARRAT became a director. NBB
  • New establishment in Genk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 5,721 profit in 2022 to € 112,768 loss in 2025.

Paid € 1,437 in corporate taxes since 2022.

Best year ever: 2022, with € 5,721 profit.

Management

Muhammet CINAR
BALSIS

Behind BALSIS is Muhammet CINAR. Muhammet CINAR is also behind BALNAR.

See the full network in the app

Directors

According to the 2025 annual accounts

Muhammet CINAR

Director

Also active at: BALNAR

since 2025

Ayoub CHARRAT

Director

since 2024 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Grotestraat 192 box 23

3600 Genk

2.322.097.054

Vennestraat 54

3600 Genk

Active since 2 September 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0773.465.132
VAT number
BE 0773.465.132
Registered office
Grotestraat 192 bus 23, 3600 Genk
Names & denominations
BALSIS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
2 September 2021
Peppol
Active · Active since 26 Mar 2026
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

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Frequently asked questions

What does BALSIS do?
BALSIS is a hospitality business in Genk. Private Limited, started on 2 September 2021, 1 establishment.
What is the address of BALSIS?
The registered office of BALSIS is located at Grotestraat 192 box 23, 3600 Genk.
Is BALSIS still active?
Yes. According to the CBE (30 September 2026) BALSIS is active, legal situation “Normale toestand”, started on 2 September 2021.
Is BALSIS registered on Peppol?
Yes, BALSIS is registered on the Peppol network with ID 0208:0773465132.
What is the enterprise number of BALSIS?
The enterprise number of BALSIS is BE0773465132.
When was BALSIS founded?
BALSIS was founded on 2 September 2021.