ACTIVE

FIRAT

Financial year 2025 · Closed on 31/12/2025

Net result11,4 k €-85,6 %over 1 year

Gross margin44,9 k €-54,3 %over 1 year

Equity17,8 k €+176,8 %over 1 year

Identity

Source · BCE/KBO

FIRAT is a Private limited company incorporated in 1997. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Seraing.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0460.578.863
Incorporation: 29/04/1997
Legal form: Private limited company
Registered office: Rue du Pairay 65
4100 Seraing · WallonieSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025

Activities (NACE)

10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10712Manufacture of bread; manufacture of fresh pastry goods and cakes 15812Manufacture of leather and related products 47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	44,9 k €	-54.3%	98,3 k €	+40.8%	69,8 k €	+220%	21,8 k €	+10.9%	19,7 k €
EBITDA	39,1 k €	-58.9%	95,2 k €	+39.4%	68,3 k €	+238%	20,2 k €	+35.5%	14,9 k €
Operating result	39,1 k €	-57.0%	91,1 k €	+44.9%	62,9 k €	+368%	13,4 k €	+86.6%	7,2 k €
Net result	11,4 k €	-85.6%	79,1 k €	+42.4%	55,5 k €	+681%	7,1 k €	+19.6%	5,9 k €
Balance sheet
Equity	17,8 k €	+177%	6,4 k €	-7.8%	7 k €	-82.9%	40,8 k €	+1.9%	40 k €
Total assets	132,8 k €	+83.7%	72,3 k €	-3.9%	75,2 k €	+8.6%	69,2 k €	-26.9%	94,7 k €
Cash	0 €	-100%	10,9 k €	+199%	3,6 k €		–		11,7 k €
Debts	96,5 k €	+46.5%	65,9 k €	-3.5%	68,2 k €	+140%	28,5 k €	-47.9%	54,7 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
MEHMET AKSAHIN	Administrator - managersince 30/09/1997Manager30/09/1997 → 2023 accountsended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	09/09/2025	31/08/2024	13/12/2023	31/08/2022	29/10/2021
General meeting	27/06/2026	28/06/2025	22/06/2024	23/05/2023	24/05/2022	25/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	09/09/2025	French	PDF
Abridged model	31/12/2023	22/06/2024	31/08/2024	French	PDF
Abridged modelCorrection	31/12/2022	23/05/2023	13/12/2023	French	PDF
Abridged model	31/12/2022	23/05/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	24/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	25/05/2021	29/10/2021	French	PDF
Abridged model	31/12/2019	26/05/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	28/05/2019	31/10/2019	French	PDF
Abridged model	31/12/2017	22/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	24/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	29/08/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	31/10/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	05/10/2011	French	PDF
Abridged model	31/12/2009	10/11/2010	29/11/2010	French	PDF
Abridged model	31/12/2007	27/09/2008	30/09/2008	French	PDF
Abridged model	31/12/2006	22/05/2007	31/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
MEHMET AKSAHIN	Administrator - managersince 30/09/1997Manager30/09/1997 → 2023 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates09/03/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates27/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates18/12/2013
DEMISSION DE GERANT
PDF
Other25/04/2013
H
PDF
Mandates17/12/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates18/09/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2004
‘ NOMINATION DE MONSIEUR AKSAHIN MEHMET EN TANT QUE GERANT
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

MEHMET AKSAHIN

199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FIRAT

Rue du Pairay 65, 4100 Seraing

Administrator - managerManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Pairay 65, 4100 SeraingCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00502940

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FIRATCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00502940

Events

2025
Annual accounts 202511,4 k €↓
2024
Annual accounts 202479,1 k €↑
2023
Annual accounts 202355,5 k €↑
2022
Annual accounts 20227,1 k €↑
2021
Annual accounts 20215,9 k €↑
2020
Annual accounts 20204,3 k €↑
2019
Annual accounts 2019-373,4 €↑
2018
Annual accounts 2018-22,3 k €↓
2017
Annual accounts 20173,6 k €↓
2016
Annual accounts 201615,2 k €↓
2015
Annual accounts 201521,5 k €↓
2014
Annual accounts 201440,1 k €↑
2013
Annual accounts 20139,4 k €↑
2012
Annual accounts 2012-8 k €↑
2011
Annual accounts 2011-11,5 k €↓
2010
Annual accounts 20103,5 k €↑
2009
Annual accounts 2009-9,8 k €↓
2007
Annual accounts 20072,9 k €↑
2006
Annual accounts 2006-590,6 €
29/04/1997
IncorporationPrivate limited company

FIRAT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events