ATES FOOD
InactiveATES FOOD was declared bankrupt on 25-03-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 27-05-2025, published in the Belgian State Gazette on 04-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-06-2023, 48 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
48 d early
2021
1 d late
2019
137 d late
2018
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▲ 1,283%
2021 · €550
2018: €374
2019: €2k
2021: €550
2018 → 2022
Working capital
€-12k▲ 57.7%
2021 · €-28k
2018: €-13k
2019: €-17k
2021: €-28k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€10k-€12k▲ 17.6%€8k▼ 29.6%€16k▲ 90.0%
Operating result€374-€2k▲ 385%€707▼ 61.0%€8k▲ 1,009%
Net result€374-€2k▲ 381%€550▼ 69.4%€8k▲ 1,283%
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 1,009% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €32k
Fixed assets
€28k ▼ 23.2%
Current assets
€4k ▼ 82.3%
Equity and liabilities €32k
Equity
€16k ▲ 90.0%
Debt
€16k ▼ 68.7%
Debt's share of the balance-sheet total falls from 85.8% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2021 · €9k
Cash flow
€11k▲
2021 · €9k
Current ratio
0.25▼
2021 · 0.45
Debt to equity
0.99▼
2021 · 6.03
ROE
47.4%▲
2021 · 6.5%
ROA
23.8%▲
2021 · 0.9%
Interest coverage
51.37▼
2021 · 58.08
Debt ≤ 1 year
€16k▼
2021 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 36 lines
Balance sheet
Code20212022
Assets
Total assets20/58€59k€32k▼
Formation expenses20€544€272▼
Fixed assets21/28€36k€28k▼
Intangible fixed assets21€14k€7k▼
Tangible fixed assets22/27€23k€21k▼
Furniture and vehicles24€23k€21k▼
Current assets29/58€23k€4k▼
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€2k€2k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€15k€2k▼
Deferred charges and accrued income490/1€532€532=
Equity and liabilities
Total equity and liabilities10/49€59k€32k▼
Equity10/15€8k€16k▲
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€19k
Uncalled capital101-€12k
Profit (loss) carried forward14€2k€10k▲
Amounts payable17/49€51k€16k▼
Amounts payable within one year42/48€51k€16k▼
Trade debts44€29k€8k▼
Suppliers440/4€29k€8k▼
Other amounts payable47/48€22k€8k▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€642€550▼
Gross operating margin9900€10k€12k▲
Operating profit (loss)9901€707€8k▲
Financial charges65/66B€156€224▲
Recurring financial charges65€156€224▲
Profit (loss) for the period before taxes9903€550€8k▲
Profit (loss) for the period9904€550€8k▲
Profit (loss) for the period to be appropriated9905€550€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€10k▲
Profit (loss) brought forward from the previous period14P€2k€2k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ATES FOOD SRL RUE DE MOORTEBEEK 70, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 25 mars 2024 · event 27-05-2025
2024
29-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ATES FOOD SRL RUE DE MOORTE- BEEK 70, 1080 MOLENBEEK-SAINT-JEAN · event 25-03-2024
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €8k ▲1283%
Operating result €8k, net result €8k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 137 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX,
40/202, 1348 LOUVAIN-LA-NEUVE |
25-03-2024 → 27-05-2025 |