Active · per the CBE, 16 September 2026

BALKAYA GROUP

BE0840449669

Rechtspersoon Private limited company 2 establishments

BALKAYA GROUP is an insurance broker in Schaarbeek. Private Limited, started on 17 October 2011, 2 establishments.

Leuvensesteenweg 714, 1030 Schaarbeek

Behind the company: SELMA ISIK, JEREMY KESTELEYN, IZZET DEDECI.

Active for

14 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

BALKAYA GROUP from Schaarbeek, company number BE0840449669, closed financial year 2024 with a result of € 7,390 after tax. For that financial year BALKAYA GROUP recorded a gross margin of € 55,877 and equity of € 81,765. Compared with financial year 2023, the result moved from € 19,418 to € 7,390. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.

What it is worth Growing

€ 81,765

▲ 10% vs 2023

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

Profit Healthy

€ 7,390

▼ 62% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 7,485

▼ 48% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 63,165.

People and assets in 2024

Vehicles and equipment

€ 79,547

▲ 192% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 6 years to go

€ 244,903

▲ 15% vs 2023

€ 41,563 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 9,516

▲ 16% vs 2023

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

Taxes

€ 16,765

▲ 51% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 38,004 € 37,412 € 57,687 € 55,877 ▼ 3%
Profit after taxes € 13,033 € 4,572 € 19,418 € 7,390 ▼ 62%
Equity € 50,385 € 54,957 € 74,375 € 81,765 ▲ 10%
Total debts € 242,338 € 261,279 € 246,242 € 274,915 ▲ 12%
Cash € 8,533 € 2,166 € 14,435 € 7,485 ▼ 48%
Land & buildings € 265,493 € 258,586 € 251,679 € 244,772 ▼ 3%
Retained profit € 31,785 € 36,357 € 55,775 € 63,165 ▲ 13%
Bank debt € 220,222 € 234,558 € 212,907 € 244,903 ▲ 15%
Balance sheet total € 292,723 € 316,236 € 320,617 € 356,680 ▲ 11%
Employees (FTE) 0.2 0.2 0.2 -

Key figures of BALKAYA GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to BALKAYA GROUP?

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

  • New establishment in Anderlecht. KBO
  • New annual accounts for financial year 2024: profit of € 7,390 (▼ 62% vs 2023). filed late Source: NBB ↗
  • New establishment in Schaarbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 13,033 profit in 2021 to € 7,390 profit in 2024.

Paid € 23,498 in corporate taxes since 2021.

Best year ever: 2023, with € 19,418 profit.

Management

SELMA ISIK JEREMY KESTELEYN IZZET DEDECI
BALKAYA GROUP

Behind BALKAYA GROUP are SELMA ISIK, JEREMY KESTELEYN and IZZET DEDECI.

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Directors

According to the 2024 annual accounts

SELMA ISIK

Director

JEREMY KESTELEYN

Director

IZZET DEDECI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Leuvensesteenweg 714

1030 Schaarbeek

2.383.396.304

Veeweidestraat 19

1070 Anderlecht

Active since 14 January 2026

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

Details

Company number
0840.449.669
VAT number
BE 0840.449.669
Registered office
Leuvensesteenweg 714, 1030 Schaarbeek
Names & denominations
BALKAYA GROUP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
17 October 2011
Peppol
Not registered
Activities · NACE

Activiteiten van verzekeringsagenten en -makelaars

Frequently asked questions

What does BALKAYA GROUP do?
BALKAYA GROUP is an insurance broker in Schaarbeek. Private Limited, started on 17 October 2011, 2 establishments.
What is the address of BALKAYA GROUP?
The registered office of BALKAYA GROUP is located at Leuvensesteenweg 714, 1030 Schaarbeek.
Is BALKAYA GROUP still active?
Yes. According to the CBE (16 September 2026) BALKAYA GROUP is active, legal situation “Normale toestand”, started on 17 October 2011.
Is BALKAYA GROUP registered on Peppol?
No, BALKAYA GROUP is currently not registered on the Peppol network.
What is the enterprise number of BALKAYA GROUP?
The enterprise number of BALKAYA GROUP is BE0840449669.
When was BALKAYA GROUP founded?
BALKAYA GROUP was founded on 17 October 2011.