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.
Financials
Financial year 2025
Ramazan Avsar from Gent, company number BE0818678119, closed financial year 2025 with a result of € 6,508 after tax. For that financial year Ramazan Avsar recorded a gross margin of € 9,479 and equity of € -22,578. Compared with financial year 2024, the result moved from € 7,349 to € 6,508. 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 August 31, 2026.
€ -22,578
▲ € 6,508 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,508
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 21,981
▲ 5% 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 € -41,178.
Debts at end 2025
€ 67,937
▼ 3% vs 2024
€ 7,997 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,785
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 297
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 166,943 | - | - | - | |
| Gross margin | € 36,367 | € 19,224 | € 10,036 | € 9,479 | ▼ 6% |
| Profit after taxes | € 34,642 | € 1,915 | € 7,349 | € 6,508 | ▼ 11% |
| Equity | € -38,350 | € -36,435 | € -29,086 | € -22,578 | ▲ € 6,508 |
| Total debts | € 113,438 | € 95,168 | € 82,334 | € 79,242 | ▼ 4% |
| Cash | € 26,960 | € 19,900 | € 20,943 | € 21,981 | ▲ 5% |
| Retained profit | € -56,950 | € -55,035 | € -47,686 | € -41,178 | ▲ € 6,508 |
| Bank debt | € 82,544 | € 79,363 | € 69,926 | € 67,937 | ▼ 3% |
| Balance sheet total | € 75,089 | € 58,733 | € 53,248 | € 56,664 | ▲ 6% |
Key figures of Ramazan Avsar, 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 Ramazan Avsar?
What happened at Ramazan Avsar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,508 (▼ 11% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 34,642 profit in 2022 to € 6,508 profit in 2025.
Best year ever: 2022, with € 34,642 profit.
Establishments
Establishment units
Physical locations of this company
Watervlietstraat 45
9000 Gent
Frans van Ryhovelaan 13
9000 Gent
Active since 25 November 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Avsar, Ramazan(oprichter, vennoot) 97.3%
- Nalli, Yusuf(oprichter, vennoot) 2.7%
Details
- Company number
- 0818.678.119
- VAT number
- BE 0818.678.119
- Registered office
- Watervlietstraat 45, 9000 Gent
- Names & denominations
- Ramazan Avsar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2009
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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