BELGIAN KITCHEN
InactiveBELGIAN KITCHEN was declared bankrupt on 20-12-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 16-03-2023, published in the Belgian State Gazette on 22-03-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-07-2021, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-31k
2019 · €12k
2018: €34k
2019: €12k
2018 → 2020
Total assets
€28k▼ 61.7%
2019 · €72k
2018: €83k
2019: €72k
2018 → 2020
Net result
€-43k▼ 90.9%
2019 · €-22k
2018: €8k
2019: €-22k
2018 → 2020
Working capital
€-29k
2019 · €14k
2018: €41k
2019: €14k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€34k-€12k▼ 65.0%€-31k
Operating result€10k-€-11k€-37k▼ 234%
Net result€8k-€-22k€-43k▼ 90.9%
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 €37k in 2020 against €11k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €28k
Fixed assets
€14k▼ 22.2%
Current assets
€14k▼ 74.7%
Key figures and ratios
EBITDA
€-33k▼
2019 · €-7k
Cash flow
€-39k▼
2019 · €-18k
Solvency
-111.0%▼
2019 · 16.7%
Current ratio
0.32▼
2019 · 1.36
Quick ratio
0.32▼
2019 · 1.24
Debt / equity
-0.51▼
2019 · 1.68
ROA
-154.6%▼
2019 · -31.0%
Debt
€58k▼
2019 · €60k
Debt ≤ 1 year
€43k▲
2019 · €40k
Debt > 1 year
€16k▼
2019 · €20k
Income taxes
€3k▼
2019 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€72k€28k▼
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€5k€622▼
Financial fixed assets28€13k€13k=
Current assets29/58€54k€14k▼
Stocks and contracts in progress3€5k-
Cash at bank and in hand54/58€47k€13k▼
Equity and liabilities
Total equity and liabilities10/49€72k€28k▼
Equity10/15€12k€-31k▼
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-8k€-51k▼
Amounts payable17/49€60k€58k▼
Amounts payable after more than one year17€20k€16k▼
Amounts payable within one year42/48€40k€43k▲
Trade debts44€10k€14k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Gross operating margin9900€86k€-7k▼
Operating profit (loss)9901€-11k€-37k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-15k€-40k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€-22k€-43k▼
Profit (loss) for the period to be appropriated9905€-22k€-43k▼
Timeline · acts, filings and financial milestones
2023
22-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BELGIAN KITCHEN SRL RUE DU PROGRES 5, 1210 SAINT-JOSSE-TEN- NOODE. déclarée le 20 décembre 2021 · event 16-03-2023
2021
27-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BELGIAN KITCHEN SRL RUE DU PROGRES 5, 1210 SAINT-JOSSE-TEN-NOODE · event 20-12-2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Catherine HERINCKX AVENUE DU CONGO 1,
1050 BRUXELLES 5 |
20-12-2021 → present |