Financials
- Financial year
- 2024
- Total assets
- €91,067
- Profit
- €238
- Solvency
- -37.3%
Total assets▲ 63.8%
Net result
20182024
BAR DU CANAL
Open bankruptcyA bankruptcy procedure is open for BAR DU CANAL according to publications in the Belgian Official Gazette; trustee: Eyal Stern.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2024 annual accounts show negative equity (-€33,989) and a net result of €238, of which €60,000 non-recurring income.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 6 June 2025
- Supervising judge
- Vincent Lantonnois Van Rode
- Official Gazette
- 13-06-2025 (pdf) ↗search the document for 2025/125430
Deadlines
- Appeal or third-party opposition until
- passed on 28 June 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 6 July 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 16 July 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 6 June 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Eyal SternAvenue Louise 54, 1050 Ixellesstern@victor.law
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
≈ €410,000turnover 2024, estimated
- Staff
- ≈ 3.2 FTE, estimated
- Equity
- -€33,989
- Profit
- €238
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
- Parent
- VEDECA · 100%
- Société Civile DonationDirector · permanent representative CASTELAIN Christian
- VEDECADirector · permanent representative DELHAYE Olivier
3 of 5 deeds summarised
Signalsraises riskOpen bankruptcyWeak solvency vs sector2024 accounts filed 31 days lateShow the evidence
Signals
Three signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 18735 sector peers (2024).
NBB · sector comparisonPosition among 18735 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2024
31 days late
2023
30 days late
2022
30 days late
2021
61 days late
2020
193 days late
2019
272 days late
2018
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 92 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- VEDECA · 100%
- Société Civile DonationDirector
- VEDECADirector
Network & group
- Connected companies
- 2
Timeline
- Events
- 16
- Since
- 2019
- 31-12-2023Back to profit
- 10-11-2023Resignations: CASTELAIN Christian (director) and RUTTEN Caroline…
- 13-10-2023Plan homologation
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 30-01-2018
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 38
- Annual meeting
- 30 June at 16:00
- Purpose
- “La prise de participation directe ou indirecte dans toutes sociétés ou entreprises…” (deed in French)
Key facts about BAR DU CANAL
- What is the company number of BAR DU CANAL?
- 0689.539.148. In Belgium the VAT number is the company number with BE in front: BE 0689.539.148.
- Where was BAR DU CANAL based?
- The last known address of the registered office is Washingtonstraat 63, 1050 Elsene.Company details
- What does BAR DU CANAL do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of BAR DU CANAL?
- Public limited company (NV).
- When was BAR DU CANAL founded?
- On 30-01-2018.
- Is BAR DU CANAL still active?
- A bankruptcy is running: a bankruptcy trustee manages the company.
- How many employees did BAR DU CANAL have?
- On average 10.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of BAR DU CANAL?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is BAR DU CANAL profitable?
- In financial year 2024, BAR DU CANAL made a profit of €238.
- Where can I find the annual accounts of BAR DU CANAL?
- BAR DU CANAL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to BAR DU CANAL
Parent and group
- VEDECA100%
Comparable companies
- AFIPORTElsene
- AMERICAN LIFEElsene
- BASTOCHE 2000Elsene
- BEER MANIAElsene
- BLAKAElsene
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?Company as of a date How is this company connected to another party?Network investigator Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the cafés and bars sector doing?Sector figures
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