OPENING OF BANKRUPTCY

CIWAN

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Company — Opening of bankruptcy.

Financial year 2026 · Closed on 31/03/2026

Net result1,6 k €+321,1 %over 1 year
Gross margin39,1 k €-38,0 %over 1 year
Equity23,7 k €+7,3 %over 1 year

Identity

Source · BCE/KBO

CIWAN is a Private company with limited liability incorporated in 2011. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Mechelen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0833.430.334
Incorporation
03/02/2011
Legal form
Private company with limited liability
Registered office
Hoogstraat 55
2800 Mechelen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2026
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20262025202320222021
Income statement
Gross margin39,1 k €63,2 k €12,8 k €10,8 k €7 k €
EBITDA25,9 k €55,7 k €12,8 k €10,8 k €5,7 k €
Operating result1,9 k €14,7 k €4,3 k €1,5 k €5,7 k €
Net result1,6 k €382,4 €4,3 k €1,5 k €5,7 k €
Balance sheet
Equity23,7 k €22,1 k €21,7 k €17,4 k €15,9 k €
Total assets41,7 k €57,2 k €28,1 k €36,9 k €44,7 k €
Cash296 €2,4 k €1,1 k €2,4 k €1,8 k €
Debts18 k €35,1 k €6,4 k €19,4 k €28,8 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/03/2026

1 active

Active mandates

DirectorMandates in this companyPeriod
Emin Akay
MandateManager2019 accountsended

Other companies at this address

Hoogstraat 55 2800 Mechelen
CompanyCBE no.
MANAL● Active
0534.510.085

Full financial information

Source · NBB
202620252023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202501/04/202401/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202631/03/202531/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/09/202615/09/202605/02/202403/03/202403/03/202403/04/2024
General meeting01/09/202601/09/202501/09/202301/09/202201/09/202101/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202601/09/202615/09/2026DutchPDF
Micro model31/03/202501/09/202515/09/2026DutchPDF
Micro model31/03/202301/09/202305/02/2024DutchPDF
Micro model31/03/202201/09/202203/03/2024DutchPDF
Micro model31/03/202101/09/202103/03/2024DutchPDF
Micro model31/03/202001/09/202003/04/2024DutchPDF
Micro model31/03/201928/08/201928/08/2019DutchPDF
Micro model31/03/201801/09/201809/07/2019DutchPDF
Micro model31/03/201701/09/201709/07/2019DutchPDF
Abridged model31/03/201525/09/201529/09/2015DutchPDF
Abridged model31/03/201426/09/201424/10/2014DutchPDF
Abridged model31/03/201327/09/201330/10/2013DutchPDF
Abridged model31/03/201228/09/201214/03/2013DutchPDF

Indicative valuation

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.

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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 31/03/2026

1 active

Active mandates

DirectorMandates in this companyPeriod
Emin Akay
MandateManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2024
    ONTSLAG ZAAKVOERDER EN AANDELENVERHOUDING
    PDF
  • Mandates12/04/2024
    AANSTELLING BESTUURDER EN AANDELENVERHOUDING :
    PDF
  • Mandates17/06/2019
    ONTSLAG ZAAKVOERDER - AANDELENVERHOUDING
    PDF
  • Mandates15/06/2017
    AANSTELLING ZAAKVOERDER - AANDELENVERHOUDING
    PDF
  • Capital / shares15/06/2012
    Overdracht van aandelen
    PDF
  • Mandates14/12/2011
    Ontslag en benoemingen
    PDF
  • Mandates16/09/2011
    Benoeming zaakvoerder
    PDF
  • Other07/02/2011
    Oprichting
    PDF

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

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
EMIN AKAY
2011201220132014201520162017201820192020202120222023202420252026
CIWAN
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hoogstraat 55, 2800 MechelenCurrent
accounts 2020 → 2026 · CBE since 24/10/2026
Accounts 2026 · 2026-00512861
Hoogstraat 55, 2800 Mechelen
CBE until 24/10/2026
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CIWANCurrent
accounts 2012 → 2026
Accounts 2026 · 2026-00512861

Events

  1. 2026
    Annual accounts 20261,6 k €↑
  2. 2025
    Annual accounts 2025382,4 €↓
  3. 2023
    Annual accounts 20234,3 k €↑
  4. 2022
    Annual accounts 20221,5 k €↓
  5. 2021
    Annual accounts 20215,7 k €↑
  6. 2020
    Annual accounts 2020-3,9 k €↓
  7. 2019
    Annual accounts 20198,3 k €↑
  8. 2018
    Annual accounts 20184,3 k €↓
  9. 2017
    Annual accounts 20176,5 k €↑
  10. 2015
    Annual accounts 2015-39,4 k €↓
  11. 2014
    Annual accounts 2014-26,5 k €↓
  12. 2013
    Annual accounts 2013-7,6 k €↓
  13. 2012
    Annual accounts 20125,5 k €
  14. 03/02/2011
    IncorporationPrivate company with limited liability