Active BE 0546.550.953Private limited company (pre-2019)Open bankruptcy

B.G.N.N.

· 12 yrs active

Sector: Cafés en bars (56301)

Conclusion Checked

A bankruptcy procedure is open for B.G.N.N. according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €7k and a net result of €-11k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€7k
Net result	€-11k
Better than sector	53%
Active	12 yrs

Financial profile 5 of 5 axes measured · computed by Checked

16 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 47

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 31-05-2021 with the NBB · fiscal year 2020 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2020 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	21.3%	17.6%	better than 53% of 1437 sector peers
Net result	€-8k	€847	better than 31% of 1429 sector peers
Equity	€7k	€10k	better than 46% of 1441 sector peers
Gross operating margin	€32k	€23k	better than 58% of 1423 sector peers
Total assets	€35k	€67k	better than 30% of 1437 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€27k

- 18-20

Net profit

€-11k

-277.2% 18-20

Total assets

€35k

+100.6% 18-20

Equity

€7k

-21.1% 18-20

Working capital

€7k

-21.1% 18-20

Debt

€28k

+244.2% 18-20

Debt ≤ 1y

€28k

+244.2% 18-20

Current ratio

1.27

-41.7% 18-20

Show 5 other metrics

Quick ratio

1.27

-41.7% 18-20

Solvency

21.3%

-60.7% 18-20

ROE

-149.7%

-378.3% 18-20

ROA

-31.9%

-88.1% 18-20

Net margin

-41.4%

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	€27k
EBITDA	-
Net profit	€-11k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€35k
Equity	€7k
Debt	€28k
of which ≤ 1y	€28k
of which > 1y	-
Working capital	€7k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	1.27
Quick ratio	1.27
Working capital ratio	21.3%
Solvency	21.3%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-41.4%
ROA	-31.9%
ROE	-149.7%
EBITDA margin	-
Days sales outstanding	380d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Equity & liabilities

Equity €7k · 21.3% Debt €28k · 78.7%

Full annual accounts (17 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€35k
Current assets	29/58	€35k
Amounts receivable within one year	40/41	€28k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€35k
Equity	10/15	€7k
Accumulated profits (losses)	14	€-11k
Amounts payable	17/49	€28k
Amounts payable within one year	42/48	€28k
Trade debts payable within one year	44	€2k
Income statement
Turnover	70	€27k
Gross operating margin	9900	€32k
Operating result	9901	€-8k
Financial charges	65	€50
Result before taxes	9903	€-8k
Net result for the period	9904	€-8k
Result to be appropriated	9905	€-8k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CARL SCHREURS PASTOOR RAEYMAEKERS- STRAAT 25, 3600 GENK	21-09-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Cafés en bars(56301)
Legal form	Private limited company (pre-2019)(015)
Incorporation	12-02-2014
Status	Active
Postal code	-
First BS signal	27-09-2023
Latest BS signal	27-09-2023

Establishment units 1 location

cohibar

Heilig-Hartplein 8, 3800 Sint-TruidenCafé-restaurants (tavernen)

since 20212.324.077.636

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71352D0401/00A000 ProtectedCultural-historical landscape · MonumentBegijnhofSource ↗	Flanders	222 m²	1 · 181 m²	6.5 m · 2 fl.
71053H1058/00D000	Flanders	201 m²	1 · 100 m²	15.8 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

27-09-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · B.G.N.N. BV BEGIJNHOF 62, 3800 SINT-TRUIDEN · event 21-09-2023

2021

31-05-2021