Avalon
Open bankruptcyA bankruptcy procedure is open for Avalon according to publications in the Belgian State Gazette; curator: BJÖRN GOESSENS.
Summary
The 2024 annual accounts show equity of €7,014 and a net result of -€10,254.
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 Ghent, Dendermonde division
- Declared bankrupt
- 1 September 2025
- Supervising judge
- Patrick Beeckmans
- Official Gazette
- 05-09-2025 (pdf) ↗search the document for 2025/135559
Curator
- Björn GoessensCentrumlaan 175, 9400 Ninovebjorn.goessens@telenet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 06-05-2025, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 6 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€7,014
Total assets
€73,227
Net result
-€10,254
Working capital
-€9,130
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €73,227
Fixed assets
€16,298
Current assets
€56,929
Equity and liabilities €73,227
Equity
€7,014
Debt
€66,213
Debt finances 90.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,186
Cash flow
€2,122
Current ratio
0.86
Quick ratio
0.81
Debt to equity
9.44
ROE
-146.2%
ROA
-14.0%
Interest coverage
34.07
Debt ≤ 1 year
€66,059
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,377 |
| Other operating charges640/8 | €5,325 |
| Gross operating margin9900 | €7,511 |
| Operating profit (loss)9901 | -€10,191 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €64 |
| Recurring financial charges65 | €64 |
| Profit (loss) for the period before taxes9903 | -€10,254 |
| Profit (loss) for the period9904 | -€10,254 |
| Profit (loss) for the period to be appropriated9905 | -€10,254 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €73,227 | |
| Fixed assets21/28 | €16,298 | |
| Intangible fixed assets21 | €780 | |
| Tangible fixed assets22/27 | €13,918 | |
| Plant, machinery and equipment23 | €4,685 | |
| Furniture and vehicles24 | €6,780 | |
| Leasing and similar rights25 | €2,452 | |
| Financial fixed assets28 | €1,600 | |
| Current assets29/58 | €56,929 | |
| Stocks and contracts in progress3 | €3,749 | |
| Stocks30/36 | €3,749 | |
| Amounts receivable within one year40/41 | €45,123 | |
| Trade receivables40 | €45,123 | |
| Cash at bank and in hand54/58 | €6,632 | |
| Deferred charges and accrued income490/1 | €1,425 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €73,227 | |
| Equity10/15 | €7,014 | |
| Contributions10/11 | €2,000 | |
| Capital10 | €2,000 | |
| Issued capital100 | €2,000 | |
| Reserves13 | €23,224 | |
| Distributable reserves133 | €23,224 | |
| Profit (loss) carried forward14 | -€18,210 | |
| Amounts payable17/49 | €66,213 | |
| Amounts payable within one year42/48 | €66,059 | |
| Financial debts43 | €4,000 | |
| Other loans439 | €4,000 | |
| Trade debts44 | €50,595 | |
| Suppliers440/4 | €50,595 | |
| Taxes, remuneration and social security45 | €2,028 | |
| Taxes450/3 | €2,028 | |
| Other amounts payable47/48 | €9,436 | |
| Accrued charges and deferred income492/3 | €154 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€10,254 |
| + Depreciation and write-downs630 | €12,377 |
| Operating cash flow (approximation) | €2,122 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 01-09-2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ninove · 1 establishment unit since 2019
Ground area
214 m²
Building footprint
178 m²
Volume, LiDAR
1,205 m³
Parcel 41049A0070/00N000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Legends Cafe
since 20192.294.511.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0070/00N000 | Flanders | 214 m² | 1 · 178 m² | 10.3 m · 2 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 | BJÖRN GOESSENS CENTRUMLAAN 175, 9400 NINOVE- |
01-09-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.294.511.343
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,889. 3,157 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
Founded08-10-2019
Fiscal year end30-09
Activities, NACEBEL 2025
56301Cafés and bars
11010Manufacture of beverages
11020Manufacture of beverages
47120Other non-specialised retail sale
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
47279Other retail sale of food
56309Food and beverage service activities
Contact
E-mail
stefaanengels84@gmail.comNinove
Phone
0474/161298Ninove
Scores and ratios are computed by Checked and are not a credit decision.