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Generated 16-08-2026
Active BE 0841.084.327Public limited companyOpen bankruptcy

BISTRO GARDEN

Olympiadenlaan 2 ·1140 Evere, Belgium· 14 yrs active
Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)
Conclusion Checked

A bankruptcy procedure is open for BISTRO GARDEN according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-3.44M) and a net result of €-491k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €-3.44M
Net result €-491k
Staff (FTE) 18.9
Better than sector 5%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability24Solvency33Growth55Stability0
22 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 24
Solvency 33
Growth 55
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

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 rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-07-2024 with the NBB · fiscal year 2023 · volledig
€-4.00M€-2.00M€0€2.00M€4.00MRevenue 2019: €4.21M€4.21MOperating result 2019: €-890k€-890kNet result 2019: €-1.39M€-1.39MRevenue 2020: €1.56M€1.56MOperating result 2020: €-742k€-742kNet result 2020: €-2.14M€-2.14MRevenue 2021: €1.48M€1.48MOperating result 2021: €-262k€-262kNet result 2021: €-284k€-284kRevenue 2022: €2.64M€2.64MOperating result 2022: €-557k€-557kNet result 2022: €-579k€-579kRevenue 2023: €2.77M€2.77MOperating result 2023: €-462k€-462kNet result 2023: €-491k€-491k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -685.4% 13.1%
better than 5% of 310 sector peers
Net result €-491k €2k
better than 5% of 311 sector peers
Equity €-3.44M €16k
better than 5% of 312 sector peers
Staff costs €1.11M €184k
higher than 93% of 256 sector peers
Employees (FTE) 18.9 7.3
better than 84% of 198 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2.77M
+4.7% 18-23
EBITDA
€-396k
+0.7% 18-23
Net profit
€-491k
+15.3% 18-23
Cash flow
€-424k
-0.9% 18-23
Total assets
€502k
+2.0% 18-23
Equity
€-3.44M
-16.7% 18-23
Working capital
€-3.24M
-14.9% 18-23
Employees (FTE)
19
-14.5% 18-23
Show 13 other metrics
Staff costs
€1.11M
+5.0% 18-23
Income taxes
€5k
+519.4% 18-23
Debt
€3.94M
+14.5% 18-23
Debt ≤ 1y
€3.69M
+18.6% 18-23
Current ratio
0.12
+30.2% 18-23
Quick ratio
0.12
+46.5% 18-23
Solvency
-685.4%
-14.4% 18-23
Debt / equity
-1.15
+1.8% 18-23
ROE
14.3%
-27.4% 18-23
ROA
-97.8%
+16.9% 18-23
Net margin
-17.7%
+19.1% 18-23
EBITDA margin
-14.3%
+5.2% 18-23
Interest coverage
-16.86
+11.3% 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue€2.77M
EBITDA€-396k
Net profit€-491k
Cash flow€-424k
Staff costs€1.11M
Income taxes€5k
Dividends-
Total assets€502k
Equity€-3.44M
Debt€3.94M
of which ≤ 1y€3.69M
of which > 1y-
Working capital€-3.24M
Employees (FTE)18.9
Ratios (computed)
2023
Current ratio0.12
Quick ratio0.12
Working capital ratio-645.4%
Solvency-685.4%
Debt / equity-1.15
Long-term debt ratio-
Interest coverage-16.86
Gross margin70.2%
Net margin-17.7%
ROA-97.8%
ROE14.3%
EBITDA margin-14.3%
Days sales outstanding40d
Days payable outstanding207d
Inventory turnover70.11
Days inventory (DSI)5d
Balance-sheet composition 2023
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€502k
Fixed assets 21/28€49k
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€47k
Financial fixed assets 28€138
Current assets 29/58€453k
Stocks & contracts in progress 3€12k
Amounts receivable within one year 40/41€300k
Cash & bank 54/58€135k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€502k
Equity 10/15€-3.44M
Contributions / capital 10/11€62k
Accumulated profits (losses) 14€-3.50M
Amounts payable 17/49€3.94M
Amounts payable within one year 42/48€3.69M
Trade debts payable within one year 44€468k
Income statement
Turnover 70€2.77M
Operating result 9901€-462k
Financial income 75€1
Financial charges 65€23k
Result before taxes 9903€-486k
Income taxes 67/77€5k
Net result for the period 9904€-491k
Result to be appropriated 9905€-491k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Caroline Breuer BVLegal entity
    Director· perm. rep.: Caroline Breuer
    State Gazette act 24119855 (09-08-2024)
    Current
    01-07-2024 → present
    2 events
    • 09-08-2024 Appointed· Director
    • 01-07-2024 Appointed· Director
  • Stephan Brouwers BVLegal entity
    Director· perm. rep.: Stephan Brouwers
    State Gazette act 24119855 (09-08-2024)
    Current
    01-06-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator ALAIN HENDERICKX
RUE DE STASSART 48 BL C/6, 1050 IXELLES
 03-02-2025 → present Belgian State Gazette
Curator Stijn VANSCHOUBROEK
AVENUE CHARLES-QUINT 586/9, 1082 BERCHEM-SAINTE- AGATHE
 03-02-2025 → present Belgian State Gazette
Legal Structure
NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Public limited company(014)
Incorporation16-11-2011
StatusActive
Postal code1140
First BS signal 27-02-2025
Latest BS signal 27-02-2025
Establishment units 2 locations
LUNCH GARDEN PROSPECTION
Olympiadenlaan 2, 1140 EvereEetgelegenheden met volledige bediening
since 20112.274.418.881
Tembo
Leuvensesteenweg 13, 3080 TervurenEetgelegenheden met volledige bediening
since 20182.275.194.485
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24104C0055/00B000
ProtectedCultural-historical landscape · MonumentPark van TervurenSource ↗
 Flanders 1.4 ha 1 · 7,485 m² 29.0 m · 5 fl.
21372D0039/00K000 Brussels 3,470 m² 1 · 1,705 m² 35.5 m · 10 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-02-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SA BISTRO GARDEN AVENUE DES OLYMPIADES 2, 1140 EVERE · event 03-02-2025
2024
09-08-2024
State Gazette act Director changes
30-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
20-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
18-01-2023
State Gazette act Director changes
2022
07-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
27-05-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
22-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
24-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
27-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
23-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
30-05-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
23-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals1 events
27-02-2025
Bankruptcy Opening
Date: 03-02-2025 · Tribunal de l’entreprise francophone de Bruxelles · SA BISTRO GARDEN AVENUE DES OLYMPIADES 2, 1140 EVERE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-02-27 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 19 acts read

We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 2 years ago
2024
09-08-2024 9 directors appointed Director changes
  • Caroline Breuer, Bestuurder
  • Caroline Wildemeersch, Vaste vertegenwoordiger
  • Femke Tordeur, Vaste vertegenwoordiger
  • Ilias D'havé, Vaste vertegenwoordiger
  • Caroline Wildemeersch, Vaste vertegenwoordiger
  • Femke Tordeur, Vaste vertegenwoordiger
  • Ilias D'havé, Vaste vertegenwoordiger
  • Stephan Brouwers, Bestuurder
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      "evidence_quote": "De aandeelhouders wensen een verduidelijking aan te brengen met betrekking tot de duurtijd van de huidige bestuurdersmandaten, zodat deze opnieuw gezamenlijk (af)lopen. De aandeelhouders beslissen dat de termijn van het huidig mandaat van Caroline Breuer BV, vast vertegenwoordigd door Caroline Breue",
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    "office_city": "Brussel",
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  "act_meta": {
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    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2024-06-27",
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      "body": "raad_van_bestuur",
      "date": "2024-06-27",
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    },
    {
      "body": "aandeelhouders",
      "date": "2024-07-29",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0841.084.327",
    "name_full": "BISTRO GARDEN",
    "legal_form": "Naamloze vennootschap"
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  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
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2023
18-01-2023 4 directors appointed Director changes
  • Griet Helsen, Commissaris
  • Caroline Wildemeersch, Dagelijks bestuur
  • Femke Tordeur, Dagelijks bestuur
  • Michiel Pieraerts, Dagelijks bestuur
Technical details 
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        "kbo": "0429.501.944",
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    "kbo": "0841.084.327",
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    "legal_form": "Naamloze vennootschap"
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL BISTRO GARDEN
Registered office
Olympiadenlaan 2
1140 Evere, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative