ACTIVE

CIRAK

Financial year 2024 · closed on 31/12/2024
Net result
19,9 k €
-12.0% YoY
Gross margin
639,8 k €
-66.4% YoY
Equity
64,2 k €
+44.7% YoY
Workforce
8,2 ETP
-52.3% YoY

What does CIRAK do?

CIRAK is a Private limited company incorporated in 2009. Its main activity is: Gambling and betting activities. Its registered office is in Antwerpen. It employs on average 8,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.047.925
Incorporation
13/07/2009
Legal form
Private limited company
Registered office
Ruggeveldlaan 728
2100 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
8,2 ETP
Joint committees (3)
  • 100
  • 200
  • 314
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20242023202220212020201920182017201620142013201220112010
Income statement
Gross margin639,8 k €1,9 M €1,7 M €957,2 k €878,9 k €1,1 M €663,3 k €569,4 k €193,1 k €18,1 k €-162,7 €861,5 €-475,2 €4,8 k €
EBITDA44,1 k €73,2 k €151,3 k €319,8 k €145,5 k €180,9 k €248,7 k €136,8 k €42 k €17,6 k €-162,7 €-1,4 k €-1,8 k €4 k €
Operating result33,7 k €38,6 k €115,6 k €282,3 k €107,4 k €141,4 k €210,8 k €103 k €12,6 k €14,2 k €-162,7 €-1,5 k €-2 k €2,8 k €
Net result19,9 k €22,6 k €88,1 k €224,7 k €81,7 k €81,5 k €149,4 k €62,5 k €8,2 k €11,1 k €229,5 €-1,1 k €-1,4 k €3,9 k €
Balance sheet
Equity64,2 k €44,4 k €21,8 k €233,7 k €439 k €357,3 k €275,8 k €126,4 k €63,9 k €28,4 k €4,8 k €4,6 k €5,7 k €7,1 k €
Total assets136 k €1,5 M €1,2 M €1 M €691,4 k €651,3 k €538,1 k €241,3 k €211,1 k €88,6 k €4,8 k €4,8 k €9,1 k €11,7 k €
Cash36,9 k €440,4 k €519,4 k €320,9 k €384 k €149,6 k €286,9 k €39,2 k €6,4 k €48,4 k €7,1 €904,1 €198,1 €
Debts71,8 k €1,5 M €1,2 M €776,2 k €252,4 k €293,9 k €262,3 k €114,9 k €147,3 k €60,2 k €147 €3,4 k €4,5 k €
Other
Workforce8,2 ETP17,2 ETP20,6 ETP19,8 ETP17,4 ETP15,0 ETP0,3 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 10 ended

Active mandates

ERGUL DAG

Director

Active

Ended mandates

ERGUL DAG

Director · since 31 mars 2023

Ended
SARI BAYKAN

Manager · since 16 septembre 2014

Ended
YUSUF YILDIRIM

Manager · since 17 décembre 2013

Ended
BAYKAN SARI

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
0851.495.395
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202526/08/202426/06/202331/08/202231/08/202114/07/2020
General meeting31/05/202531/05/202431/05/202331/05/202231/05/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202431/05/202526/08/2025DutchPDF
Abridged model31/12/202331/05/202426/08/2024DutchPDF
Abridged model31/12/202231/05/202326/06/2023DutchPDF
Abridged model31/12/202131/05/202231/08/2022DutchPDF
Abridged model31/12/202031/05/202131/08/2021DutchPDF
Abridged model31/12/201902/06/202014/07/2020DutchPDF
Micro model31/12/201831/05/201927/08/2019DutchPDF
Micro model31/12/201731/05/201829/08/2018DutchPDF
Micro model31/12/201630/06/201729/01/2018DutchPDF
Abridged model31/12/201531/05/201601/06/2017DutchPDF
Abridged model31/12/201401/06/201516/07/2015DutchPDF
Abridged model31/12/201331/05/201426/08/2014DutchPDF
Abridged model31/12/201231/05/201329/08/2013DutchPDF
Abridged model31/12/201131/05/201231/08/2012DutchPDF
Abridged model31/12/201031/05/201130/08/2011DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 10 ended

Active mandates

ERGUL DAG

Director

Active

Ended mandates

ERGUL DAG

Director · since 31 mars 2023

Ended
SARI BAYKAN

Manager · since 16 septembre 2014

Ended
YUSUF YILDIRIM

Manager · since 17 décembre 2013

Ended
BAYKAN SARI

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates10/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/05/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2014
    MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202419,9 k €
  2. 2023
    Annual accounts 202322,6 k €
  3. 2022
    Annual accounts 202288,1 k €
  4. 2021
    Annual accounts 2021224,7 k €
  5. 2020
    Annual accounts 202081,7 k €
  6. 2019
    Annual accounts 201981,5 k €
  7. 2018
    Annual accounts 2018149,4 k €
  8. 2017
    Annual accounts 201762,5 k €
  9. 2016
    Annual accounts 20168,2 k €
  10. 2014
    Annual accounts 201411,1 k €
  11. 2013
    Annual accounts 2013229,5 €
  12. 2012
    Annual accounts 2012-1,1 k €
  13. 2011
    Annual accounts 2011-1,4 k €
  14. 2010
    Annual accounts 20103,9 k €
  15. 13/07/2009
    IncorporationPrivate limited company