BAZAAR RESTAURANT
Open bankruptcyA bankruptcy procedure is open for BAZAAR RESTAURANT according to publications in the Belgian State Gazette; curator: ANTHONY VAN DER HAUWAERT.
Summary
The 2024 annual accounts show negative equity (€-70k) and a net result of €-50k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-70k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-70k▼ 258%
2023 · €-20k
2023: €-20k
2024: €-70k▼ -258% vs 2023
2023 → 2024
Total assets
€18k▲ 82.9%
2023 · €10k
2023: €10k
2024: €18k▲ +82.9% vs 2023
2023 → 2024
Net result
€-50k▼ 105%
2023 · €-25k
2023: €-25k
2024: €-50k▼ -105% vs 2023
2023 → 2024
Working capital
€-73k▼ 214%
2023 · €-23k
2023: €-23k
2024: €-73k▼ -214% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€-20k-€-70k▼ 258%
2023: €-20k
2024: €-70k▼ -258% vs 2023
Operating result€-24k-€-49k▼ 106%
2023: €-24k
2024: €-49k▼ -106% vs 2023
Net result€-25k-€-50k▼ 105%
2023: €-25k
2024: €-50k▼ -105% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €49k in 2024 against €24k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €18k
Fixed assets
€3k ▼ 25.0%
Current assets
€16k ▲ 143%
Key figures and ratios
EBITDA
€-48k▼
2023 · €-23k
Cash flow
€-50k▼
2023 · €-24k
Solvency
-380.7%▼
2023 · -194.6%
Current ratio
0.18▼
2023 · 0.22
Debt to equity
-1.26▲
2023 · -1.51
ROA
-274.3%▼
2023 · -244.3%
Interest coverage
-25.42▼
2023 · -22.05
Debt
€88k▲
2023 · €30k
Debt ≤ 1 year
€88k▲
2023 · €30k
Staff costs
€60k▲
2023 · €42k
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10k€18k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€979€734▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€6k€16k▲
Amounts receivable within one year40/41€815-
Trade receivables40€815-
Cash at bank and in hand54/58€6k€16k▲
Equity and liabilities
Total equity and liabilities10/49€10k€18k▲
Equity10/15€-20k€-70k▼
Contributions10/11€5k€5k=
Capital10€5k-
Issued capital100€5k-
Profit (loss) carried forward14€-25k€-75k▼
Amounts payable17/49€30k€88k▲
Amounts payable within one year42/48€30k€88k▲
Trade debts44€13k€9k▼
Suppliers440/4€13k€9k▼
Taxes, remuneration and social security45€6k€33k▲
Taxes450/3€6k€28k▲
Remuneration and social security454/9€521€5k▲
Other amounts payable47/48€10k€46k▲
Income statement
Code20232024
Remuneration, social security and pensions62€42k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€900€900=
Other operating charges640/8€1k€308▼
Gross operating margin9900€20k€13k▼
Operating profit (loss)9901€-24k€-49k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-25k€-50k▼
Profit (loss) for the period9904€-25k€-50k▼
Profit (loss) for the period to be appropriated9905€-25k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-75k▼
Profit (loss) brought forward from the previous period14P-€-25k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €42k | €60k | ▲ 44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €900 | €900 | = |
| Other operating charges640/8 | €1k | €308 | ▼ 77.0% |
| Gross operating margin9900 | €20k | €13k | ▼ 36.7% |
| Operating profit (loss)9901 | €-24k | €-49k | ▼ 106% |
| Financial charges65/66B | €1k | €2k | ▲ 82.7% |
| Recurring financial charges65 | €1k | €2k | ▲ 82.7% |
| Profit (loss) for the period before taxes9903 | €-25k | €-50k | ▼ 105% |
| Profit (loss) for the period9904 | €-25k | €-50k | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €-25k | €-50k | ▼ 105% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €10k | €18k | ▲ 82.9% |
| Fixed assets21/28 | €4k | €3k | ▼ 25.0% |
| Tangible fixed assets22/27 | €4k | €3k | ▼ 25.0% |
| Plant, machinery and equipment23 | €979 | €734 | ▼ 25.0% |
| Furniture and vehicles24 | €3k | €2k | ▼ 25.0% |
| Current assets29/58 | €6k | €16k | ▲ 143% |
| Amounts receivable within one year40/41 | €815 | - | - |
| Trade receivables40 | €815 | - | - |
| Cash at bank and in hand54/58 | €6k | €16k | ▲ 178% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €10k | €18k | ▲ 82.9% |
| Equity10/15 | €-20k | €-70k | ▼ 258% |
| Contributions10/11 | €5k | €5k | = |
| Capital10 | €5k | - | - |
| Issued capital100 | €5k | - | - |
| Profit (loss) carried forward14 | €-25k | €-75k | ▼ 205% |
| Amounts payable17/49 | €30k | €88k | ▲ 198% |
| Amounts payable within one year42/48 | €30k | €88k | ▲ 198% |
| Trade debts44 | €13k | €9k | ▼ 32.7% |
| Suppliers440/4 | €13k | €9k | ▼ 32.7% |
| Taxes, remuneration and social security45 | €6k | €33k | ▲ 436% |
| Taxes450/3 | €6k | €28k | ▲ 399% |
| Remuneration and social security454/9 | €521 | €5k | ▲ 840% |
| Other amounts payable47/48 | €10k | €46k | ▲ 349% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-25k | €-50k | ▼ 105% |
| + Depreciation and write-downs630 | €900 | €900 | = |
| Operating cash flow (approximation) | €-24k | €-50k | ▼ 109% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €10k | - |
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
01-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 25-11-2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 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.
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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, Asse · 1 establishment unit since 2022
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
876 m³
Parcel 23322E0103/00N000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
BAZAAR RESTAURANT
since 20222.338.003.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 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 | ANTHONY VAN DER HAUWAERT KEIZER KAREL-
LAAN 586 BUS 9, 1082 SINT-AGATHA-BERCHEM- |
25-11-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.