BK BRUSSELS
BankruptcyThe KBO register records for BK BRUSSELS the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €328k and a net result of €18k.
Signals
Three 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 30-06-2022 was due by 31-01-2023 and was filed on 24-02-2023, 24 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
24 d late
2021
46 d early
2020
10 d late
2019
228 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 96.3%
2021 · €9k
2019: €46k
2020: €155k
2021: €9k
2019 → 2022
Working capital
€-724k▲ 38.9%
2021 · €-1.18M
2019: €-362k
2020: €146k
2021: €-1.18M
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€146k-€301k▲ 106%€310k▲ 3.0%€328k▲ 5.8%
Operating result€-90k-€212k€52k▼ 75.5%€14k▼ 73.3%
Net result€46k-€155k▲ 234%€9k▼ 94.1%€18k▲ 96.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 73% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.74M
Fixed assets
€1.47M▼ 6.9%
Current assets
€268k▼ 12.3%
Equity and liabilities €1.77M
Equity
€328k▲ 5.8%
Debt
€1.44M▼ 10.5%
The debt ratio falls from 83.8% to 81.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€54k▼
2021 · €87k
Cash flow
€58k▲
2021 · €44k
Solvency
18.6%▲
2021 · 16.2%
Current ratio
0.27▲
2021 · 0.20
Quick ratio
0.24▲
2021 · 0.19
Debt / equity
4.38▲
2021 · 0.05
ROE
5.4%▲
2021 · 2.9%
ROA
1.0%▲
2021 · 0.5%
Interest coverage
1.63
Debt
€1.44M▼
2021 · €1.61M
Debt ≤ 1 year
€991k▼
2021 · €1.49M
Debt > 1 year
€386k▲
2021 · €16k
Staff costs
€881k
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€1.92M€1.77M▼
Formation expenses20€29k€25k▼
Fixed assets21/28€1.58M€1.47M▼
Tangible fixed assets22/27€180k€149k▼
Land and buildings22-€87k
Plant, machinery and equipment23-€52k
Furniture and vehicles24-€10k
Financial fixed assets28€1.40M€1.32M▼
Current assets29/58€305k€268k▼
Stocks and contracts in progress3€19k€32k▲
Stocks30/36-€32k
Amounts receivable within one year40/41€108k€104k▼
Trade receivables40-€24k
Other amounts receivable41-€81k
Cash at bank and in hand54/58€130k€89k▼
Deferred charges and accrued income490/1-€42k
Equity and liabilities
Total equity and liabilities10/49€1.92M€1.77M▼
Equity10/15€310k€328k▲
Contributions10/11-€100k
Reserves13€10k€10k=
Non-distributable reserves130/1-€10k
Reserves not available under the articles1311-€10k
Profit (loss) carried forward14€200k€218k▲
Amounts payable17/49€1.61M€1.44M▼
Amounts payable after more than one year17€16k€386k▲
Financial debts170/4-€386k
Amounts payable within one year42/48€1.49M€991k▼
Current portion of amounts payable after more than one year42-€132k
Trade debts44€1.02M€775k▼
Suppliers440/4-€775k
Taxes, remuneration and social security45-€84k
Remuneration and social security454/9-€84k
Accrued charges and deferred income492/3-€61k
Income statement
Code20212022
Remuneration, social security and pensions62-€881k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€40k▲
Other operating charges640/8-€20k
Gross operating margin9900€925k€955k▲
Operating profit (loss)9901€52k€14k▼
Financial income75/76B-€37k
Recurring financial income75€458€2k▲
Non-recurring financial income76B-€35k
Financial charges65/66B-€33k
Recurring financial charges65€43k€33k▼
Profit (loss) for the period before taxes9903€10k€18k▲
Income taxes67/77€416-
Profit (loss) for the period9904€9k€18k▲
Profit (loss) for the period to be appropriated9905€9k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€218k
Profit (loss) brought forward from the previous period14P-€200k
Social balance
Average headcount (FTE)9087-24.9
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €9k ▼94.1%
Net result drops to €9k, the lowest in the series.
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 228 days late
30-06
Financial
Highest result since 2019net €155k ▲234%
Operating result €212k, net result €155k, both a record.
30-06
Financial
Equity above €200kEq €301k ▲106%
2 profitable years in a row build equity to €301k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2018
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.
Herdersstraat 41050 ElseneGround area
355 m²
Building footprint
344 m²
Volume, LiDAR
4,654 m³
Parcel 21009A0525/00K000, Brussels · tallest building 18.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BURGER KING
since 20182.278.547.915
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0525/00K000 | Brussels | 355 m² | 1 · 344 m² | 18.6 m · 4 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.
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 5,455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-2017
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.