BelAFro Project
Open bankruptcyA bankruptcy procedure is open for BelAFro Project according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.
Summary
The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show negative equity (€-28k) and a net result of €-34k.
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 31-12-2023 was due by 31-07-2024 and was filed on 29-09-2024, 60 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
2023
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-34k
Working capital
€-40k
Balance-sheet composition
Assets €87k
Fixed assets
€12k
Current assets
€75k
Key figures and ratios
EBITDA
€-27k
Cash flow
€-31k
Solvency
-31.8%
Current ratio
0.65
Quick ratio
0.61
Debt to equity
-4.15
ROA
-38.9%
Interest coverage
-6.20
Debt
€115k
Debt ≤ 1 year
€115k
Staff costs
€189k
Filed annual accounts As filed with the NBB · 2023 · 36 lines
Balance sheet
Code2023
Assets
Total assets20/58€87k
Fixed assets21/28€12k
Tangible fixed assets22/27€7k
Plant, machinery and equipment23€4k
Furniture and vehicles24€3k
Financial fixed assets28€5k
Current assets29/58€75k
Stocks and contracts in progress3€5k
Stocks30/36€5k
Amounts receivable within one year40/41€31k
Trade receivables40€31k
Cash at bank and in hand54/58€38k
Equity and liabilities
Total equity and liabilities10/49€87k
Equity10/15€-28k
Contributions10/11€6k
Profit (loss) carried forward14€-34k
Amounts payable17/49€115k
Amounts payable within one year42/48€115k
Trade debts44€73k
Suppliers440/4€73k
Taxes, remuneration and social security45€35k
Taxes450/3€35k
Other amounts payable47/48€7k
Income statement
Code2023
Remuneration, social security and pensions62€189k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€1k
Gross operating margin9900€163k
Operating profit (loss)9901€-30k
Financial income75/76B€173
Recurring financial income75€173
Financial charges65/66B€4k
Recurring financial charges65€4k
Profit (loss) for the period before taxes9903€-34k
Profit (loss) for the period9904€-34k
Profit (loss) for the period to be appropriated9905€-34k
Appropriation of the result
Profit (loss) to be appropriated9906€-34k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL BELAFRO PROJECT AVENUE CHARLES-QUINT 43, 1083 GANSHOREN · event 08-06-2026
2025
23-10
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · amiable · event 15-10-2025
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 60 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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, Ganshoren · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keizer Karellaan 431083 GanshorenGround area
122 m²
Building footprint
122 m²
Volume, LiDAR
1,326 m³
Parcel 21392B0093/00M006, Brussels · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BelAFro Project
since 20222.337.844.015
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392B0093/00M006 | Brussels | 122 m² | 1 · 122 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
08-06-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGanshoren2.337.844.015
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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 21,888 companies in sector 56112 we hold annual accounts for 9,780. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:Belafro.belgium@gmail.com
Phone:0485600858