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 (31 October 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.

Who are the directors of BALKAYA GROUP?

According to the 2025 annual accounts, the directors of BALKAYA GROUP are: JEREMY KESTELYN, SELMA ISIK, IZZET DEDECI.

Is BALKAYA GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 October 2011; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did BALKAYA GROUP make in 2025?

BALKAYA GROUP recorded a loss after taxes of € 31,002 in financial year 2025.

What is the revenue of BALKAYA GROUP?

As a small company, BALKAYA GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 153,190.

How many employees does BALKAYA GROUP have?

According to the 2025 annual accounts, BALKAYA GROUP has 0.4 full-time equivalents (FTE).

BALKAYA GROUP (Private Limited) - Schaarbeek

Dossier BALKAYA GROUP, printed on 1 November 2026 from databakkes.be/en/0840449669/balkaya-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 19 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

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

Financials

Financial year 2025

BALKAYA GROUP from Schaarbeek, company number BE0840449669, closed financial year 2025 with a result of € -31,002 after tax. For that financial year BALKAYA GROUP recorded a gross margin of € 153,190 and equity of € 50,763. Compared with financial year 2024, the result moved from € 7,390 to € -31,002. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.

What it is worth Healthy

€ 50,763

▼ 38% vs 2024

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

Loss Caution

€ -31,002

▼ still € 7,390 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,454

▼ 67% 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 € 32,163.

People and assets in 2025

Full-time equivalents

0.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 18,955

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 55,411

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.4 million

▲ € 1.2 million vs 2024

€ 205,816 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 10,029

▲ 5% vs 2024

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

Taxes and wages

€ 12,465

▼ 26% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 37,412 Gross margin 2022: € 37,412 First fiscal year in the series	€ 57,687 Gross margin 2023: € 57,687 ▲ 54% vs 2022 (€ 37,412) Favourable step	€ 55,877 Gross margin 2024: € 55,877 ▼ 3% vs 2023 (€ 57,687) Unfavourable step	€ 153,190 Gross margin 2025: € 153,190 ▲ 174% vs 2024 (€ 55,877) Favourable step	▲ 174%
Profit after taxes	€ 4,572 Profit after taxes 2022: € 4,572 First fiscal year in the series	€ 19,418 Profit after taxes 2023: € 19,418 ▲ € 14,846 vs 2022 (€ 4,572) Favourable step	€ 7,390 Profit after taxes 2024: € 7,390 ▼ 62% vs 2023 (€ 19,418) Unfavourable step	€ -31,002 Profit after taxes 2025: € -31,002 ▼ € 38,392 vs 2024 (€ 7,390) Unfavourable step	▼ € 38,392
Equity	€ 54,957 Equity 2022: € 54,957 First fiscal year in the series	€ 74,375 Equity 2023: € 74,375 ▲ 35% vs 2022 (€ 54,957) Favourable step	€ 81,765 Equity 2024: € 81,765 ▲ 10% vs 2023 (€ 74,375) Favourable step	€ 50,763 Equity 2025: € 50,763 ▼ 38% vs 2024 (€ 81,765) Unfavourable step	▼ 38%
Total debts	€ 261,279 Total debts 2022: € 261,279 First fiscal year in the series	€ 246,242 Total debts 2023: € 246,242 ▼ 6% vs 2022 (€ 261,279) Favourable step	€ 274,915 Total debts 2024: € 274,915 ▲ 12% vs 2023 (€ 246,242) Unfavourable step	€ 1,499,717 Total debts 2025: € 1,499,717 ▲ € 1.2 million vs 2024 (€ 274,915) Unfavourable step	▲ € 1.2 million
Cash	€ 2,166 Cash 2022: € 2,166 First fiscal year in the series	€ 14,435 Cash 2023: € 14,435 ▲ € 12,269 vs 2022 (€ 2,166) Favourable step	€ 7,485 Cash 2024: € 7,485 ▼ 48% vs 2023 (€ 14,435) Unfavourable step	€ 2,454 Cash 2025: € 2,454 ▼ 67% vs 2024 (€ 7,485) Unfavourable step	▼ 67%
Land & buildings	€ 258,586 Land & buildings 2022: € 258,586 First fiscal year in the series	€ 251,679 Land & buildings 2023: € 251,679 ▼ 3% vs 2022 (€ 258,586) Unchanged	€ 244,772 Land & buildings 2024: € 244,772 ▼ 3% vs 2023 (€ 251,679) Unchanged	€ 237,864 Land & buildings 2025: € 237,864 ▼ 3% vs 2024 (€ 244,772) Unchanged	▼ 3%
Retained profit	€ 36,357 Retained profit 2022: € 36,357 First fiscal year in the series	€ 55,775 Retained profit 2023: € 55,775 ▲ 53% vs 2022 (€ 36,357) Favourable step	€ 63,165 Retained profit 2024: € 63,165 ▲ 13% vs 2023 (€ 55,775) Favourable step	€ 32,163 Retained profit 2025: € 32,163 ▼ 49% vs 2024 (€ 63,165) Unfavourable step	▼ 49%
Bank debt	€ 234,558 Bank debt 2022: € 234,558 First fiscal year in the series	€ 212,907 Bank debt 2023: € 212,907 ▼ 9% vs 2022 (€ 234,558) Favourable step	€ 244,903 Bank debt 2024: € 244,903 ▲ 15% vs 2023 (€ 212,907) Unfavourable step	€ 1,415,662 Bank debt 2025: € 1,415,662 ▲ € 1.2 million vs 2024 (€ 244,903) Unfavourable step	▲ € 1.2 million
Balance sheet total	€ 316,236 Balance sheet total 2022: € 316,236 First fiscal year in the series	€ 320,617 Balance sheet total 2023: € 320,617 ▲ 1% vs 2022 (€ 316,236) Unchanged	€ 356,680 Balance sheet total 2024: € 356,680 ▲ 11% vs 2023 (€ 320,617) Unchanged	€ 1,550,480 Balance sheet total 2025: € 1,550,480 ▲ € 1.2 million vs 2024 (€ 356,680) Unchanged	▲ € 1.2 million
Employees (FTE)	0.2 Employees (FTE) 2022: 0.2 First fiscal year in the series	0.2 Employees (FTE) 2023: 0.2 Unchanged (0.2) Unchanged	-	0.4 Employees (FTE) 2025: 0.4 First fiscal year in the series

Key figures of BALKAYA GROUP, 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 BALKAYA GROUP?

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

Oct 29, 2026 New annual accounts for financial year 2025: loss of € 31,002 (▼ € 38,392 vs 2024). filed late Source: NBB ↗
Jan 14, 2026 New establishment in Anderlecht. KBO
Aug 1, 2012 New establishment in Schaarbeek. KBO
Oct 17, 2011 Start of the company according to the CBE. KBO

In short

From € 4,572 profit in 2022 to € 31,002 loss in 2025.

Paid € 20,175 in corporate taxes since 2022.

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

Original PDFs at the National Bank ↗

Management

JEREMY KESTELYN SELMA ISIK IZZET DEDECI

BALKAYA GROUP

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

Directors

According to the 2025 annual accounts

JEREMY KESTELYN

Director

SELMA ISIK

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

View on CBE Public ↗ Annual accounts (NBB) ↗

BALKAYA GROUP

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Financials

What happened to BALKAYA GROUP?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions