Active BE 0542.564.847Private limited company (pre-2019)Open bankruptcy

BOEM PATAT

Houtbriel 25 ·9100 Sint-Niklaas, Belgium· 12 yrs active

Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)

Conclusion Checked

A bankruptcy procedure is open for BOEM PATAT according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (€-235k) and a net result of €-108k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-235k
Net result	€-108k
Staff (FTE)	8.8
Better than sector	14%

Financial profile 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 32

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 2020 · computed

0 / 100 Critical

050100

Computed from 5 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 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 30-04-2022 with the NBB · fiscal year 2020 · micro

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-121.7%	17.6%	better than 14% of 1437 sector peers
Net result	€-108k	€847	better than 5% of 1429 sector peers
Equity	€-235k	€10k	better than 5% of 1441 sector peers
Gross operating margin	€216k	€23k	better than 95% of 1423 sector peers
Staff costs	€280k	€14k	higher than 95% of 59 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-79k

+30.9% 18-20

Net profit

€-108k

+19.6% 18-20

Cash flow

€-91k

+22.6% 18-20

Total assets

€193k

-14.9% 18-20

Equity

€-235k

-84.4% 18-20

Working capital

€-260k

-56.6% 18-20

Employees (FTE)

9

+44.3% 18-20

Staff costs

€280k

- 18-20

Show 12 other metrics

Income taxes

€0

-100.0% 18-20

Dividends

€0

-100.0% 18-20

Debt

€428k

+20.8% 18-20

Debt ≤ 1y

€352k

+26.6% 18-20

Debt > 1y

€76k

-0.5% 18-20

Current ratio

0.26

-35.1% 18-20

Quick ratio

0.22

-11.3% 18-20

Solvency

-121.7%

-116.7% 18-20

Debt / equity

-1.82

-202.9% 18-20

ROE

45.8%

-56.4% 18-20

ROA

-55.7%

+5.5% 18-20

Interest coverage

-5.99

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€-79k
Net profit	€-108k
Cash flow	€-91k
Staff costs	€280k
Income taxes	-
Dividends	€0
Total assets	€193k
Equity	€-235k
Debt	€428k
of which ≤ 1y	€352k
of which > 1y	€76k
Working capital	€-260k
Employees (FTE)	8.8

Ratios (computed)

	2020
Current ratio	0.26
Quick ratio	0.22
Working capital ratio	-134.5%
Solvency	-121.7%
Debt / equity	-1.82
Long-term debt ratio	-0.32
Interest coverage	-5.99
Gross margin	-
Net margin	-
ROA	-55.7%
ROE	45.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €101k · 52.3% Current assets €92k · 47.7%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€193k
Fixed assets	21/28	€101k
Tangible fixed assets	22/27	€101k
Financial fixed assets	28	€320
Current assets	29/58	€92k
Stocks & contracts in progress	3	€13k
Amounts receivable within one year	40/41	€15k
Cash & bank	54/58	€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€193k
Equity	10/15	€-235k
Contributions / capital	10/11	€6k
Reserves	13	€60
Accumulated profits (losses)	14	€-241k
Amounts payable	17/49	€428k
Amounts payable after one year	17	€76k
Amounts payable within one year	42/48	€352k
Trade debts payable within one year	44	€224k
Income statement
Gross operating margin	9900	€216k
Operating result	9901	€-96k
Financial income	75	€1k
Financial charges	65	€13k
Result before taxes	9903	€-108k
Net result for the period	9904	€-108k
Result to be appropriated	9905	€-108k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	ALAIN CLEYMAN PR. JOS. CHARLOTTELAAN 71, 9100 SINT-NIKLAAS	14-06-2022 → present	Belgian State Gazette
Curator	CATHA- RINA ORLENT PR.JOS.CHARLOTTELAAN 71, 9100 SINT-NIKLAAS-	14-06-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company (pre-2019)(015)
Incorporation	28-11-2013
Status	Active
Postal code	9100
First BS signal	20-06-2022
Latest BS signal	20-06-2022

Establishment units 2 locations

Pom De Tair

Houtbriel 25, 9100 Sint-NiklaasVerkoop aan de toog of via telefoon, fax, internet van eetwaren en dranken : frietkramen, hotdogstalletjes, enz.

since 20142.224.602.948

Brass Monkey

Apostelstraat 17, 9100 Sint-NiklaasEetgelegenheden met volledige bediening

since 20192.290.428.732

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46443E2003/00_000indicative	Flanders	146 m²	1 · 146 m²	-
46443E2068/00H000 ProtectedMonumentApotheek TuypensSource ↗	Flanders	109 m²	1 · 59 m²	14.7 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

1 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 8 events

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

2022

20-06-2022

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · BOEM PATAT BV HOUT- BRIEL 25, 9100 SINT-NIKLAAS · event 14-06-2022

30-04-2022