Bellagio
Open bankruptcyA bankruptcy procedure is open for Bellagio according to publications in the Belgian State Gazette; curator: JOACHIM VANSPEYBROUCK. The 2022 annual accounts show equity of €2k and a net result of €-36k.
Signals
Four 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 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d late
2021
100 d late
2020
152 d late
2019
111 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€2k▼ 93.8%
2021 · €38k
2018: €-5k
2019: €-18k
2020: €-8k
2021: €38k
2018 → 2022
Total assets
€209k▼ 16.3%
2021 · €250k
2018: €225k
2019: €202k
2020: €237k
2021: €250k
2018 → 2022
Net result
€-36k
2021 · €46k
2018: €3k
2019: €-13k
2020: €10k
2021: €46k
2018 → 2022
Working capital
€-6k
2021 · €18k
2018: €-57k
2019: €-70k
2020: €-45k
2021: €18k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-5k-€-18k▼ 267%€-8k▲ 57.0%€38k€2k▼ 93.8%
Operating result€4k-€-13k€11k€47k▲ 313%€-36k
Net result€3k-€-13k€10k€46k▲ 348%€-36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €36k after €47k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €209k
Fixed assets
€100k▼ 13.6%
Current assets
€109k▼ 18.7%
Equity and liabilities €209k
Equity
€2k▼ 93.8%
Debt
€207k▼ 2.3%
The debt ratio rises from 84.7% to 98.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2021 · €67k
Cash flow
€-15k▼
2021 · €67k
Solvency
1.1%▼
2021 · 15.3%
Current ratio
0.95▼
2021 · 1.15
Quick ratio
0.94▼
2021 · 1.14
Debt / equity
87.30▲
2021 · 5.54
ROA
-17.2%▼
2021 · 18.4%
Interest coverage
-13.78▼
2021 · 113.60
Debt
€207k▼
2021 · €212k
Debt ≤ 1 year
€115k▼
2021 · €116k
Debt > 1 year
€91k▼
2021 · €96k
Income taxes
€8▼
2021 · €11
Staff costs
€79k▼
2021 · €82k
A ratio outside any meaningful range has been withheld (balance sheet total €209k, equity €2k).
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€250k€209k▼
Fixed assets21/28€116k€100k▼
Tangible fixed assets22/27€116k€100k▼
Plant, machinery and equipment23€110k€94k▼
Furniture and vehicles24€6k€6k▼
Financial fixed assets28€250€250=
Current assets29/58€134k€109k▼
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€8k€25k▲
Other amounts receivable41€8k€25k▲
Cash at bank and in hand54/58€125k€83k▼
Deferred charges and accrued income490/1-€72
Equity and liabilities
Total equity and liabilities10/49€250k€209k▼
Equity10/15€38k€2k▼
Contributions10/11€6k€6k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€26k€-10k▼
Amounts payable17/49€212k€207k▼
Amounts payable after more than one year17€96k€91k▼
Other amounts payable178/9€96k€91k▼
Amounts payable within one year42/48€116k€115k▼
Trade debts44€97k€93k▼
Suppliers440/4€97k€93k▼
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€13k€14k▲
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€77€1k▲
Income statement
Code20212022
Non-recurring operating income76A€15k€5k▼
Remuneration, social security and pensions62€82k€79k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€791€374▼
Gross operating margin9900€150k€65k▼
Operating profit (loss)9901€47k€-36k▼
Financial income75/76B€16€710▲
Recurring financial income75€16€710▲
Financial charges65/66B€593€1k▲
Recurring financial charges65€593€1k▲
Profit (loss) for the period before taxes9903€46k€-36k▼
Income taxes67/77€11€8▼
Profit (loss) for the period9904€46k€-36k▼
Profit (loss) for the period to be appropriated9905€46k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-10k▼
Profit (loss) brought forward from the previous period14P€-20k€26k▲
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
2024
27-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · BELLAGIO BV ZEEDIJK 26, 8670 KOKSIJDE · event 18-12-2024
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-36k ▼178%
Net result drops to €-36k, the lowest in the series.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial
Highest result since 2018net €46k ▲348%
Operating result €47k, net result €46k, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
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
Registered office, Koksijde · 1 establishment unit since 2015
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.
Zeedijk(Kok) 268670 KoksijdeGround area
270 m²
Building footprint
261 m²
Volume, LiDAR
4,460 m³
Parcel 38014D0002/00F000, Flanders · tallest building 24.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Bellagio
since 20152.241.221.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014D0002/00F000 | Flanders | 270 m² | 1 · 261 m² | 24.2 m · 7 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 | JOACHIM VANSPEYBROUCK KALLEBEEKWEG 1,
8691 05 BEVEREN AAN DE YZER |
18-12-2024 → present |
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Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 3,395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-02-2015
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.