Age4 yrs
Real estate1 parcel · 98 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for BIOLAND according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-42k) and a net result of €-29k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events08-09-2025
Bankruptcy
Opening
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-29k
Working capital€-42k
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 28-09-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -468.1% | 16.8% | |
| Net result | €-29k | €2k | |
| Equity | €-42k | €11k | |
| Gross operating margin | €-28k | €42k | |
| Total assets | €9k | €82k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-29k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €9k |
| Equity | €-42k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €-42k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -468.1% |
| Solvency | -468.1% |
| Debt / equity | -1.21 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -324.5% |
| ROE | 69.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9k |
| Current assets | 29/58 | €9k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9k |
| Equity | 10/15 | €-42k |
| Contributions / capital | 10/11 | €500 |
| Accumulated profits (losses) | 14 | €-42k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €-28k |
| Operating result | 9901 | €-29k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €419 |
| Result before taxes | 9903 | €-29k |
| Net result for the period | 9904 | €-29k |
| Result to be appropriated | 9905 | €-29k |
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ANTHONY BOCHON AVENUE LOUISE 480 BOITE 11,
1050 IXELLES |
29-08-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Catering van evenementen(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 20-10-2021 |
| Status | Active |
| Postal code | 1040 |
| First BS signal | 08-09-2025 |
| Latest BS signal | 08-09-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Parcels1
Ground area98 m²
Buildings1
Building footprint74 m²
Volume (LiDAR)960 m³
Tallest building16.2 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0030/00P006 | Brussels | 98 m² | 1 · 74 m² | 16.2 m · 5 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.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette08-09-2025
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Analysis
Snowflake analysis
financial profile on 5 axes37
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
33
Growth
50
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Catering56210Catering van evenementen56210Cateringdiensten op contractbasis en overige diensten in verband met maaltijden56220Overige eetgelegenheden56290
Primary activity highlighted.
Names & trade names
| Legal nameFR | BIOLAND |
Registered office
Oudergemlaan 282 bus 1
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.