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BE 0673.570.968Private limited company (pre-2019)Open bankruptcy
BELFINA
Ichtegemstraat 18 ·8610 Kortemark, Belgium· 9 yrs active
Sector: Food & beverage service
(56111)
Conclusion
A bankruptcy procedure is open for BELFINA according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-32k) and a net result of €-39k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-32k |
| Net result | €-39k |
| Better than sector | 14% |
| Active | 9 yrs |
Snowflake analysis
33
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 17-02-2022 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 56 — Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -113.0% | 16.0% | |
| Net result | €-16k | €433 | |
| Equity | €-32k | €8k | |
| Gross operating margin | €-16k | €30k | |
| Total assets | €28k | €70k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-16k
+18.7%
19–21
€-39k
-69.2%
19–21
€-35k
-60.4%
19–21
€28k
+154.8%
19–21
€-32k
-103.6%
19–21
€-54k
-211.9%
19–21
€61
-93.3%
19–21
€60k
+124.8%
19–21
€56k
+147.9%
19–21
€4k
0.0%
19–21
0.03
-85.5%
19–21
0.01
-93.7%
19–21
-113.0%
+20.1%
19–21
-0.13
+50.9%
19–21
124.4%
-16.9%
19–21
-140.6%
+33.6%
19–21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Revenue | — |
| EBITDA | €-16k |
| Net profit | €-39k |
| Cash flow | €-35k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €28k |
| Equity | €-32k |
| Debt | €60k |
| of which ≤ 1y | €56k |
| of which > 1y | €4k |
| Working capital | €-54k |
| Employees (FTE) | — |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.01 |
| Working capital ratio | -191.3% |
| Solvency | -113.0% |
| Debt / equity | -0.13 |
| Long-term debt ratio | -0.13 |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -140.6% |
| ROE | 124.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €28k |
| Fixed assets | 21/28 | €26k |
| Intangible fixed assets | 21 | €23k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €2k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €152 |
| Cash & bank | 54/58 | €461 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €28k |
| Equity | 10/15 | €-32k |
| Contributions / capital | 10/11 | €8k |
| Accumulated profits (losses) | 14 | €-39k |
| Amounts payable | 17/49 | €60k |
| Amounts payable after one year | 17 | €4k |
| Amounts payable within one year | 42/48 | €56k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-16k |
| Operating result | 9901 | €-21k |
| Financial charges | 65 | €502 |
| Result before taxes | 9903 | €-16k |
| Net result for the period | 9904 | €-16k |
| Result to be appropriated | 9905 | €-16k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LIESBETH TOMMELEIN RIETSTRAAT 11,
8400 OOSTENDE |
15-12-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 28-03-2017 |
| Status | Active |
| Postal code | 8610 |
| First BS signal | 28-12-2022 |
| Latest BS signal | 28-12-2022 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Hapkin
since 20172.264.824.789
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011C0822/00M002 | Flanders | 663 m² | 1 · 201 m² | 8.8 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
28-12-2022
Bankruptcy
Opening
17-02-2022
NBB filing
Annual accounts filed
2020
28-09-2020
NBB filing
Annual accounts filed
2019
10-12-2019
NBB filing
Annual accounts filed
28-01-2019
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
28-12-2022
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111
Primary activity highlighted.
Names & trade names
| Legal nameNL | BELFINA |
Registered office
Ichtegemstraat 18
8610 Kortemark, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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