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Blinora

Judicial reorganisation
Private limited companyfounded 201412 yrs activeGrote Markt 15, 2300 Turnhout, BelgiumKBO/BCE: BE 0544.756.552
Summary

The file of Blinora contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€247,894) and a net result of €17,131. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 16078 sector peers (fiscal year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Antwerp
Opened
29 September 2020
Track
Reorganisation by collective agreement
Docket number
20200007
Moratorium until
29 January 2021 (passed; an extension would be in a later judgment)
Creditors' vote
19 January 2021
Delegated judge
Guido Gilis
Official Gazette
05-10-2020 (pdf) ↗search the document for 2020/134775

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€49,535total assets 2025
Equity
-€247,894
Profit
€17,131
Turnover not published (abridged schema)
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 2 d early0 of 3 deeds read
Why 24- Weak solvency vs sector- In judicial reorganisationLatest accounts filed on timeShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian State Gazette caps the score at 24. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -500.4% of total assets
Liquidity 50=
short-term debt 405.6% · cash 68.3%
Profitability 98-2
return on assets 34.6%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.21 against 0.14 in 2024; short-term debt: 405.6% and cash: 68.3% of total assets), and equity is negative.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16078 sector peers (2025).
NBB · sector comparison
Position among 16078 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
2 d early
2023
1 d early
2022
36 d late
2021
3 d early
2020
23 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €17,131 ▲93.4%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: In judicial reorganisationcreditors: see the procedure below 29-09-2020 View
  • Risk: Negative equityfiscal year 2025: debts exceed assets -€247,894 View
  • Caution: Among the weakest 5% on solvencysector median 30.2% · 16,078 companies -500.4% View

By topic

Financials

Fiscal year
2025
Total assets
€49,535
Profit
€17,131
Solvency
-500.4%
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-07-2027
  1. 29-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 29-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
24-01-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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