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ARTICHOKE

Open bankruptcy
Private limited companyfounded 2017KBO/BCE: BE 0685.897.193

A bankruptcy procedure is open for ARTICHOKE according to publications in the Belgian State Gazette; curator: LOUIS WOUTERS.

Summary

The file additionally contains 1 judicial reorganisation and 1 administrative flag. The 2022 annual accounts show equity of €5,658 and a net result of -€24,572.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
2 November 2023
Supervising judge
Joris De Fre
Official Gazette
08-11-2023 (pdf) ↗search the document for 2023/142265

Deadlines

Provisional date payments stopped
2 November 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 23 November 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 2 December 2023art. XX.104 and XX.155 CEL
First verification report
passed on 29 December 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 2 November 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Louis WoutersJan Van Rijswijcklaan 1-3, 2018 Antwerpen 1adv.louis.wouters@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2022 was due by 31-05-2023 and was filed on 13-05-2023, 18 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
18 d early
2021
17 d late
2020
33 d late
2019
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 13 December 2017, ARTICHOKE was incorporated.1 Revenue went from EUR 700,235 in 2019 to EUR 269,250 in 2021 and headcount from 2 full-time equivalents in 2020 to 4.4 in 2022.2 The company was declared bankrupt on 2 November 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2020, 2021 and 2022
  3. 3Belgian State Gazette, 08-11-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Turnover
€269,250▼ 20.7%
2020 · €339,379
EBIT margin
21.0%▲ 18.3pp
2020 · 2.7%
Net result
-€24,572
2021 · €46,456
Working capital
-€28,727▼ 568%
2021 · -€4,301
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Turnover€700,235-€339,379▼ 51.5%€269,250▼ 20.7%
Operating result€24,689-€9,176▼ 62.8%€56,450▲ 515%-€20,388
Net result€13,647-€2,928within the sector's middle half▼ 78.5%€46,456above the sector's middle half▲ 1,486%-€24,572below the sector's middle half
EBIT margin3.5%-2.7%▼ 0.8pp21.0%▲ 18.3pp
Equity€19,847-€22,775within the sector's middle half▲ 14.8%€30,231within the sector's middle half▲ 32.7%€5,658within the sector's middle half▼ 81.3%
Total assets€96,010-€115,062within the sector's middle half▲ 19.8%€146,554within the sector's middle half▲ 27.4%€102,874within the sector's middle half▼ 29.8%
Debt€76,163-€92,287▲ 21.2%€116,323▲ 26.0%€97,216▼ 16.4%
Working capital-€1,944--€19,059within the sector's middle half▼ 880%-€4,301within the sector's middle half▲ 77.4%-€28,727within the sector's middle half▼ 568%
Solvency20.7%-19.8%within the sector's middle half▼ 0.9pp20.6%within the sector's middle half▲ 0.8pp5.5%within the sector's middle half▼ 15.1pp
Current ratio0.96-0.75within the sector's middle half▼ 0.210.96within the sector's middle half▲ 0.210.69within the sector's middle half▼ 0.27
Return on assets (ROA)14.2%-2.5%within the sector's middle half▼ 11.7pp31.7%above the sector's middle half▲ 29.2pp-23.9%below the sector's middle half▼ 55.6pp
Staff (FTE)2within the sector's middle half2.2▲ 10.0%4.4▲ 100%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000Operating result 2019: €24,689€24,689Net result 2019: €13,647€13,647Operating result 2020: €9,176€9,176Net result 2020: €2,928€2,928Operating result 2021: €56,450€56,450Net result 2021: €46,456€46,456Operating result 2022: -€20,388-€20,388Net result 2022: -€24,572-€24,5722019202020212022-€25,000€0€25,000€50,000Operating result 2020: €9,176€9,180Net result 2020: €2,928€2,930Operating result 2021: €56,450€56,400Net result 2021: €46,456€46,500Operating result 2022: -€20,388-€20,400Net result 2022: -€24,572-€24,600202020212022
The operating result turns negative in 2022: a loss of €20,388 after €56,450 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €102,874
Fixed assets €39,467 ▼ 8.4%
Current assets €63,407 ▼ 38.7%
Equity and liabilities €102,874
Equity €5,658 ▼ 81.3%
Debt €97,216 ▼ 16.4%
Debt's share of the balance-sheet total rises from 79.4% to 94.5%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€13,881▼
2021 · €71,520
Cash flow
-€18,066▼
2021 · €61,525
Quick ratio
0.61▼
2021 · 0.96
Debt to equity
17.18▲
2021 · 3.85
ROE
-434.3%▼
2021 · 153.7%
Interest coverage
-1.58▼
2021 · 11.47
Debt ≤ 1 year
€92,134▼
2021 · €107,751
Debt > 1 year
€5,082▼
2021 · €8,572
Income taxes
€358▼
2021 · €3,820
Staff costs
€122,550▲
2021 · €22,669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 55 lines
Balance sheet Code20212022
Assets
Total assets20/58€146,554€102,874▼
Fixed assets21/28€43,104€39,467▼
Tangible fixed assets22/27€11,838€3,701▼
Plant, machinery and equipment23€463€1,805▲
Furniture and vehicles24€11,375€1,897▼
Financial fixed assets28€31,266€35,766▲
Current assets29/58€103,450€63,407▼
Stocks and contracts in progress3-€7,413
Stocks30/36-€7,413
Amounts receivable within one year40/41€97,595€52,397▼
Trade receivables40€8,759-
Other amounts receivable41€88,836€52,397▼
Cash at bank and in hand54/58€2,550-
Deferred charges and accrued income490/1€3,306€3,597▲
Equity and liabilities
Total equity and liabilities10/49€146,554€102,874▼
Equity10/15€30,231€5,658▼
Contributions10/11€6,200€6,200=
Reserves13€11,000€11,000=
Non-distributable reserves130/1€1,000€1,000=
Reserves not available under the articles1311€1,000€1,000=
Distributable reserves133€10,000€10,000=
Profit (loss) carried forward14€13,031-€11,542▼
Amounts payable17/49€116,323€97,216▼
Amounts payable after more than one year17€8,572€5,082▼
Financial debts170/4€8,572€5,082▼
Amounts payable within one year42/48€107,751€92,134▼
Current portion of amounts payable after more than one year42€7,321€3,490▼
Financial debts43€14,550€13,265▼
Credit institutions430/8€14,550€13,265▼
Trade debts44€24,121€1,694▼
Suppliers440/4€18,182€1,694▼
Bills of exchange payable441€5,938-
Taxes, remuneration and social security45€31,759€73,685▲
Taxes450/3€27,594€50,114▲
Remuneration and social security454/9€4,165€23,571▲
Other amounts payable47/48€30,000-
Income statement Code20212022
Turnover70€269,250-
Goods, raw materials, services and sundry goods60/61€215,760-
Remuneration, social security and pensions62€22,669€122,550▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,070€6,506▼
Other operating charges640/8€3,309€7,373▲
Gross operating margin9900€97,498€116,042▲
Operating profit (loss)9901€56,450-€20,388▼
Financial income75/76B€60€4,960▲
Recurring financial income75€60€4,960▲
Financial charges65/66B€6,235€8,787▲
Recurring financial charges65€6,235€8,787▲
Profit (loss) for the period before taxes9903€50,275-€24,214▼
Income taxes67/77€3,820€358▼
Profit (loss) for the period9904€46,456-€24,572▼
Profit (loss) for the period to be appropriated9905€46,456-€24,572▼
Appropriation of the result
Profit (loss) to be appropriated9906€52,031-€11,542▼
Profit (loss) brought forward from the previous period14P€5,575€13,031▲
Profit to be distributed694/7€39,000-
Return on contributions (dividend)694€39,000-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Turnover70€700,235€339,379€269,250--
Goods, raw materials, services and sundry goods60/61--€215,760--
Remuneration, social security and pensions62--€22,669€122,550▲ 441%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,289€18,005€15,070€6,506▼ 56.8%
Other operating charges640/8--€3,309€7,373▲ 123%
Gross operating margin9900€42,897€74,493€97,498€116,042▲ 19.0%
Operating profit (loss)9901€24,689€9,176€56,450-€20,388▼ 136%
Financial income75/76B--€60€4,960▲ 8,185%
Recurring financial income75--€60€4,960▲ 8,185%
Financial charges65/66B--€6,235€8,787▲ 40.9%
Recurring financial charges65€2,299€2,608€6,235€8,787▲ 40.9%
Profit (loss) for the period before taxes9903€22,390€6,568€50,275-€24,214▼ 148%
Income taxes67/77€8,744€3,640€3,820€358▼ 90.6%
Profit (loss) for the period9904€13,647€2,928€46,456-€24,572▼ 153%
Profit (loss) for the period to be appropriated9905€13,647€2,928€46,456-€24,572▼ 153%
Line2019202020212022Change
Assets
Total assets20/58€96,010€115,062€146,554€102,874▼ 29.8%
Fixed assets21/28€42,529€57,248€43,104€39,467▼ 8.4%
Tangible fixed assets22/27€32,179€25,982€11,838€3,701▼ 68.7%
Plant, machinery and equipment23--€463€1,805▲ 290%
Furniture and vehicles24--€11,375€1,897▼ 83.3%
Financial fixed assets28€10,350€31,266€31,266€35,766▲ 14.4%
Current assets29/58€53,480€57,813€103,450€63,407▼ 38.7%
Stocks and contracts in progress3---€7,413-
Stocks30/36---€7,413-
Amounts receivable within one year40/41€49,085€54,815€97,595€52,397▼ 46.3%
Trade receivables40--€8,759--
Other amounts receivable41--€88,836€52,397▼ 41.0%
Cash at bank and in hand54/58€4,395€2,998€2,550--
Deferred charges and accrued income490/1--€3,306€3,597▲ 8.8%
Equity and liabilities
Total equity and liabilities10/49€96,010€115,062€146,554€102,874▼ 29.8%
Equity10/15€19,847€22,775€30,231€5,658▼ 81.3%
Contributions10/11€6,200-€6,200€6,200=
Reserves13€11,000€11,000€11,000€11,000=
Non-distributable reserves130/1--€1,000€1,000=
Reserves not available under the articles1311--€1,000€1,000=
Distributable reserves133--€10,000€10,000=
Profit (loss) carried forward14€2,647€5,575€13,031-€11,542▼ 189%
Amounts payable17/49€76,163€92,287€116,323€97,216▼ 16.4%
Amounts payable after more than one year17€20,739€15,415€8,572€5,082▼ 40.7%
Financial debts170/4--€8,572€5,082▼ 40.7%
Amounts payable within one year42/48€55,424€76,872€107,751€92,134▼ 14.5%
Current portion of amounts payable after more than one year42--€7,321€3,490▼ 52.3%
Financial debts43--€14,550€13,265▼ 8.8%
Credit institutions430/8--€14,550€13,265▼ 8.8%
Trade debts44€29,342€28,440€24,121€1,694▼ 93.0%
Suppliers440/4--€18,182€1,694▼ 90.7%
Bills of exchange payable441--€5,938--
Taxes, remuneration and social security45--€31,759€73,685▲ 132%
Taxes450/3--€27,594€50,114▲ 81.6%
Remuneration and social security454/9--€4,165€23,571▲ 466%
Other amounts payable47/48--€30,000--
Line2019202020212022Change
Profit (loss) for the period9904€13,647€2,928€46,456-€24,572▼ 153%
+ Depreciation and write-downs630€13,289€18,005€15,070€6,506▼ 56.8%
Operating cash flow (approximation)€26,936€20,933€61,525-€18,066▼ 129%
Investment in fixed assets (approximation)--€32,724-€925-€2,870▼ 210%
Change in cash--€1,397-€449--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
02-08
KBO administration Address struck
2023
08-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-11-2023
13-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
15-02
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · amicable agreement · event 08-02-2023
2022
31-10
Financial Weakest financial yearnet -€24,572
Net result drops to -€24,572, the lowest in the series.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-10
Financial Highest result since 2019net €46,456 ▲1,486%
Operating result €56,450, net result €46,456, both a record.
03-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
161 m²
Building footprint
161 m²
Volume, LiDAR
1,215 m³
Parcel 11808H1175/00B008, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ARTICHOKE
Manufacture of food products
since 20172.270.834.633
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1175/00B008 Flanders 161 m² 1 · 161 m² 13.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LOUIS WOUTERS
JAN VAN RIJSWIJCKLAAN 1-3, 2018 ANTWERPEN 1
02-11-2023 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.270.834.633
1 permission
Toelating · Eetgelegenheid · since 01-12-2019

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,467. 5,383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-12-2017
Fiscal year end31-10
Activities, NACEBEL 2025
56111Full-service restaurants
10850Manufacture of food products
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.