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BASTE

Open bankruptcy
Private limited companyfounded 2011Waalsekaai 38 GLV, 2000 Antwerpen, BelgiumKBO/BCE: BE 0840.531.922

A bankruptcy procedure is open for BASTE according to publications in the Belgian State Gazette; curator: STEFFI VANHULLE.

Summary

The 2023 annual accounts show negative equity (-€55,637) and a net result of -€20,614.

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
18 February 2025
Supervising judge
Joris De Fre
Official Gazette
27-02-2025 (pdf) ↗search the document for 2025/108534

Deadlines

Provisional date payments stopped
18 February 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 14 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 18 April 2025Goods 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 18 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Steffi VanhulleGrote Baan 68, 9120 Beveren- Kruibeke-Zwijndrechtsvh@reyns-advocaten.com

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

Three 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 31-12-2023 was due by 31-07-2024 and was filed on 26-07-2024, 5 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
5 d early
2022
32 d early
2021
23 d early
2020
17 d early
2019
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 October 2011, BASTE was incorporated.1 Total assets went from EUR 60,285 in 2019 to EUR 29,557 in 2023.2 The company was declared bankrupt on 18 February 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 27-02-2025

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
-€55,637▼ 58.9%
2022 · -€35,023
Total assets
€29,557▼ 18.0%
2022 · €36,025
Net result
-€20,614▲ 3.5%
2022 · -€21,369
Working capital
-€83,861▼ 21.2%
2022 · -€69,210
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
Line20192020202120222023
Operating result€1,457-€785-€11,404▼ 1,353%-€20,289▼ 77.9%-€19,215▲ 5.3%
Net result€957-€2,387within the sector's middle half-€12,793below the sector's middle half▼ 436%-€21,369below the sector's middle half▼ 67.0%-€20,614below the sector's middle half▲ 3.5%
Equity€1,525▲ 168%-€861within the sector's middle half-€13,654below the sector's middle half▼ 1,486%-€35,023below the sector's middle half▼ 156%-€55,637below the sector's middle half▼ 58.9%
Total assets€60,285▲ 10,503%€53,157within the sector's middle half▼ 11.8%€47,253within the sector's middle half▼ 11.1%€36,025below the sector's middle half▼ 23.8%€29,557below the sector's middle half▼ 18.0%
Debt€58,760€54,018▼ 8.1%€60,907▲ 12.8%€71,048▲ 16.6%€85,194▲ 19.9%
Working capital-€52,816-€48,450below the sector's middle half▲ 8.3%-€54,450below the sector's middle half▼ 12.4%-€69,210below the sector's middle half▼ 27.1%-€83,861below the sector's middle half▼ 21.2%
Solvency2.5%-1.6%within the sector's middle half▼ 4.2pp-28.9%below the sector's middle half▼ 27.3pp-97.2%below the sector's middle half▼ 68.3pp-188.2%below the sector's middle half▼ 91.0pp
Current ratio0.100.10below the sector's middle half=0.11below the sector's middle half=0.03below the sector's middle half▼ 0.080.02below the sector's middle half▼ 0.01
Return on assets (ROA)1.6%-4.5%within the sector's middle half▼ 6.1pp-27.1%below the sector's middle half▼ 22.6pp-59.3%below the sector's middle half▼ 32.2pp-69.7%below the sector's middle half▼ 10.4pp
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
-€30,000-€20,000-€10,000€0Operating result 2019: €1,457€1,457Net result 2019: €957€957Operating result 2020: -€785-€785Net result 2020: -€2,387-€2,387Operating result 2021: -€11,404-€11,404Net result 2021: -€12,793-€12,793Operating result 2022: -€20,289-€20,289Net result 2022: -€21,369-€21,369Operating result 2023: -€19,215-€19,215Net result 2023: -€20,614-€20,61420192020202120222023-€30,000-€20,000-€10,000€0Operating result 2021: -€11,404-€11,400Net result 2021: -€12,793-€12,800Operating result 2022: -€20,289-€20,300Net result 2022: -€21,369-€21,400Operating result 2023: -€19,215-€19,200Net result 2023: -€20,614-€20,600202120222023
The operating result stays negative: a loss of €19,215 in 2023 against €20,289 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €29,375
Fixed assets €28,042 ▼ 16.6%
Current assets €1,333 ▼ 27.4%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€12,559▲
2022 · -€13,639
Cash flow
-€13,958▲
2022 · -€14,719
Quick ratio
0.01▼
2022 · 0.02
Debt to equity
-1.53▲
2022 · -2.03
Interest coverage
-10.33▲
2022 · -11.21
Debt ≤ 1 year
€85,194▲
2022 · €71,048
Income taxes
€183▲
2022 · €181
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 · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€36,025€29,557▼
Formation expenses20€545€182▼
Fixed assets21/28€33,643€28,042▼
Intangible fixed assets21€29,250€24,750▼
Tangible fixed assets22/27€2,393€1,292▼
Plant, machinery and equipment23€2,161€734▼
Furniture and vehicles24€232€558▲
Financial fixed assets28€2,000€2,000=
Current assets29/58€1,837€1,333▼
Stocks and contracts in progress3€508€491▼
Stocks30/36€508€491▼
Cash at bank and in hand54/58€612€158▼
Deferred charges and accrued income490/1€718€684▼
Equity and liabilities
Total equity and liabilities10/49€36,025€29,557▼
Equity10/15-€35,023-€55,637▼
Contributions10/11€20,000€20,000=
Reserves13€6,207€6,207=
Non-distributable reserves130/1€310€310=
Reserves not available under the articles1311€310€310=
Distributable reserves133€5,897€5,897=
Profit (loss) carried forward14-€61,230-€81,844▼
Amounts payable17/49€71,048€85,194▲
Amounts payable within one year42/48€71,048€85,194▲
Trade debts44€4,987€10,561▲
Suppliers440/4€4,987€10,561▲
Taxes, remuneration and social security45€500€1,696▲
Taxes450/3€500€1,696▲
Other amounts payable47/48€65,560€72,937▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,650€6,656▲
Other operating charges640/8€714€109▼
Gross operating margin9900-€12,925-€12,450▲
Operating profit (loss)9901-€20,289-€19,215▲
Financial income75/76B€317€0▼
Recurring financial income75€317€0▼
Financial charges65/66B€1,216€1,216=
Recurring financial charges65€1,216€1,216=
Profit (loss) for the period before taxes9903-€21,188-€20,431▲
Income taxes67/77€181€183▲
Profit (loss) for the period9904-€21,369-€20,614▲
Profit (loss) for the period to be appropriated9905-€21,369-€20,614▲
Appropriation of the result
Profit (loss) to be appropriated9906-€61,230-€81,844▼
Profit (loss) brought forward from the previous period14P-€39,862-€61,230▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,304€6,752€6,752€6,650€6,656▲ 0.1%
Other operating charges640/8--€163€714€109▼ 84.7%
Gross operating margin9900€5,394€6,358-€4,488-€12,925-€12,450▲ 3.7%
Operating profit (loss)9901€1,457-€785-€11,404-€20,289-€19,215▲ 5.3%
Financial income75/76B---€317€0▼ 100.0%
Recurring financial income75€0€0-€317€0▼ 100.0%
Financial charges65/66B--€1,217€1,216€1,216=
Recurring financial charges65€452€1,460€1,217€1,216€1,216=
Profit (loss) for the period before taxes9903€1,006-€2,244-€12,621-€21,188-€20,431▲ 3.6%
Income taxes67/77€49€142€172€181€183▲ 1.4%
Profit (loss) for the period9904€957-€2,387-€12,793-€21,369-€20,614▲ 3.5%
Profit (loss) for the period to be appropriated9905€957-€2,387-€12,793-€21,369-€20,614▲ 3.5%
Line20192020202120222023Change
Assets
Total assets20/58€60,285€53,157€47,253€36,025€29,557▼ 18.0%
Formation expenses20€1,635€1,271€908€545€182▼ 66.7%
Fixed assets21/28€52,707€46,318€39,929€33,643€28,042▼ 16.6%
Intangible fixed assets21€42,750€38,250€33,750€29,250€24,750▼ 15.4%
Tangible fixed assets22/27€7,957€6,068€4,179€2,393€1,292▼ 46.0%
Plant, machinery and equipment23--€3,792€2,161€734▼ 66.0%
Furniture and vehicles24--€387€232€558▲ 140%
Financial fixed assets28€2,000€2,000€2,000€2,000€2,000=
Current assets29/58€5,943€5,567€6,416€1,837€1,333▼ 27.4%
Stocks and contracts in progress3€2,529€2,453€441€508€491▼ 3.3%
Stocks30/36--€441€508€491▼ 3.3%
Amounts receivable within one year40/41-€1,081€3,528---
Trade receivables40--€922---
Other amounts receivable41--€2,606---
Cash at bank and in hand54/58€1,616€464€1,001€612€158▼ 74.1%
Deferred charges and accrued income490/1--€1,446€718€684▼ 4.7%
Equity and liabilities
Total equity and liabilities10/49€60,285€53,157€47,253€36,025€29,557▼ 18.0%
Equity10/15€1,525-€861-€13,654-€35,023-€55,637▼ 58.9%
Contributions10/11--€20,000€20,000€20,000=
Reserves13€6,207€6,207€6,207€6,207€6,207=
Non-distributable reserves130/1--€310€310€310=
Reserves not available under the articles1311--€310€310€310=
Distributable reserves133--€5,897€5,897€5,897=
Profit (loss) carried forward14-€24,682-€27,068-€39,862-€61,230-€81,844▼ 33.7%
Amounts payable17/49€58,760€54,018€60,907€71,048€85,194▲ 19.9%
Amounts payable within one year42/48€58,760€54,018€60,866€71,048€85,194▲ 19.9%
Trade debts44€986€552€1,833€4,987€10,561▲ 112%
Suppliers440/4--€1,833€4,987€10,561▲ 112%
Taxes, remuneration and social security45--€334€500€1,696▲ 239%
Taxes450/3--€334€500€1,696▲ 239%
Other amounts payable47/48--€58,698€65,560€72,937▲ 11.3%
Accrued charges and deferred income492/3--€42---
Line20192020202120222023Change
Profit (loss) for the period9904€957-€2,387-€12,793-€21,369-€20,614▲ 3.5%
+ Depreciation and write-downs630€3,304€6,752€6,752€6,650€6,656▲ 0.1%
Operating cash flow (approximation)€4,261€4,366-€6,041-€14,719-€13,958▲ 5.2%
Investment in fixed assets (approximation)--€363-€363-€363-€1,055▼ 190%
Change in cash--€1,152€537-€389-€453▼ 16.4%

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

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Timeline · acts, filings and financial milestones

2025
03-03
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 25-02-2025
27-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-02-2025
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€21,369
Net result drops to -€21,369, the lowest in the series.
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
05-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €957
Net result €957 after one loss-making year.
07-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
19-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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 2011
seat establishment The establishment unit on the map
Ground area
97 m²
Building footprint
97 m²
Volume, LiDAR
1,494 m³
Parcel 11811L3955/00C000, Flanders · tallest building 19.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MIE ZUID
Waalsekaai 38, 2000 AntwerpenArtisanal bread and fresh pastry making
since 20112.203.499.609
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3955/00C000 Flanders 97 m² 1 · 97 m² 19.1 m · 6 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 STEFFI VANHULLE
GROTE BAAN 68, 9120 BEVEREN- KRUIBEKE-ZWIJNDRECHT
18-02-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.203.499.609
1 permission
Toelating · Eetgelegenheid · since 08-08-2019

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 2,432 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
Founded10-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
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 29 September 2026 · Peppol Directory

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