BORNA
Open bankruptcyA bankruptcy procedure is open for BORNA according to publications in the Belgian State Gazette; curator: Lise HEILPORN.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €12k and a net result of €-13k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-13k
2021 · €7k
2018: €90
2019: €3k▲ +2858% vs 2018
2020: €-10k▼ -469% vs 2019
2021: €7k▲ +169% vs 2020highest in 5 years
2022: €-13k▼ -295% vs 2021lowest in 5 years
2018 → 2022
Working capital
€8k▼ 61.1%
2021 · €22k
2018: €22k
2019: €24k▲ +12.4% vs 2018highest in 5 years
2020: €15k▼ -39.7% vs 2019
2021: €22k▲ +46.0% vs 2020
2022: €8k▼ -61.1% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€26k-€28k▲ 10.3%€19k▼ 34.5%€25k▲ 36.3%€12k▼ 52.0%
2018: €26k
2019: €28k▲ +10.3% vs 2018highest in 5 years
2020: €19k▼ -34.5% vs 2019
2021: €25k▲ +36.3% vs 2020
2022: €12k▼ -52.0% vs 2021lowest in 5 years
Operating result€2k-€5k▲ 121%€-8k€8k€-12k
2018: €2k
2019: €5k▲ +121% vs 2018
2020: €-8k▼ -247% vs 2019
2021: €8k▲ +199% vs 2020highest in 5 years
2022: €-12k▼ -259% vs 2021lowest in 5 years
Net result€90-€3k▲ 2,858%€-10k€7k€-13k
2018: €90
2019: €3k▲ +2858% vs 2018
2020: €-10k▼ -469% vs 2019
2021: €7k▲ +169% vs 2020highest in 5 years
2022: €-13k▼ -295% vs 2021lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €12k after €8k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €30k
Fixed assets
€4k =
Current assets
€27k ▼ 20.6%
Equity and liabilities €30k
Equity
€12k ▼ 52.0%
Debt
€18k ▲ 52.0%
Debt's share of the balance-sheet total rises from 32.2% to 60.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.46▼
2021 · 2.80
Quick ratio
1.28▼
2021 · 2.47
Debt to equity
1.50▲
2021 · 0.47
ROE
-108.3%▼
2021 · 26.6%
ROA
-43.3%▼
2021 · 18.1%
Debt ≤ 1 year
€18k▲
2021 · €12k
Staff costs
€13k▲
2021 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet
Code20212022
Assets
Total assets20/58€37k€30k▼
Fixed assets21/28€4k€4k=
Tangible fixed assets22/27€139€139=
Other tangible fixed assets26€139€139=
Financial fixed assets28€4k€4k=
Current assets29/58€34k€27k▼
Amounts receivable after more than one year29€29k€23k▼
Trade receivables290€29k€23k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€357€222▼
Other amounts receivable41€357€222▼
Deferred charges and accrued income490/1€109-
Equity and liabilities
Total equity and liabilities10/49€37k€30k▼
Equity10/15€25k€12k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€5k€-8k▼
Amounts payable17/49€12k€18k▲
Amounts payable within one year42/48€12k€18k▲
Financial debts43€4k€5k▲
Credit institutions430/8€4k€5k▲
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€989€1k▲
Remuneration and social security454/9€276€1k▲
Income statement
Code20212022
Remuneration, social security and pensions62€1k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46-
Other operating charges640/8€4k-
Gross operating margin9900€12k€863▼
Operating profit (loss)9901€8k€-12k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€990€896▼
Recurring financial charges65€990€896▼
Profit (loss) for the period before taxes9903€7k€-13k▼
Profit (loss) for the period9904€7k€-13k▼
Profit (loss) for the period to be appropriated9905€7k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-8k▼
Profit (loss) brought forward from the previous period14P€-2k€5k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1k | €13k | ▲ 1,166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €294 | €46 | €46 | €46 | - | - |
| Other operating charges640/8 | - | - | - | €4k | - | - |
| Gross operating margin9900 | €17k | €28k | €-1k | €12k | €863 | ▼ 93.1% |
| Operating profit (loss)9901 | €2k | €5k | €-8k | €8k | €-12k | ▼ 259% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €990 | €896 | ▼ 9.5% |
| Recurring financial charges65 | €2k | €3k | €1k | €990 | €896 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €162 | €3k | €-9k | €7k | €-13k | ▼ 295% |
| Income taxes67/77 | €72 | €63 | €791 | - | - | - |
| Profit (loss) for the period9904 | €90 | €3k | €-10k | €7k | €-13k | ▼ 295% |
| Profit (loss) for the period to be appropriated9905 | €90 | €3k | €-10k | €7k | €-13k | ▼ 295% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €36k | €39k | €37k | €30k | ▼ 18.6% |
| Fixed assets21/28 | €4k | €4k | €4k | €4k | €4k | = |
| Tangible fixed assets22/27 | €277 | €231 | €185 | €139 | €139 | = |
| Other tangible fixed assets26 | - | - | - | €139 | €139 | = |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €38k | €33k | €35k | €34k | €27k | ▼ 20.6% |
| Amounts receivable after more than one year29 | - | - | - | €29k | €23k | ▼ 20.9% |
| Trade receivables290 | - | - | - | €29k | €23k | ▼ 20.9% |
| Stocks and contracts in progress3 | €1k | €1k | €6k | €4k | €3k | ▼ 15.0% |
| Stocks30/36 | - | - | - | €4k | €3k | ▼ 15.0% |
| Amounts receivable within one year40/41 | €36k | €31k | €215 | €357 | €222 | ▼ 37.8% |
| Other amounts receivable41 | - | - | - | €357 | €222 | ▼ 37.8% |
| Deferred charges and accrued income490/1 | - | - | - | €109 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €36k | €39k | €37k | €30k | ▼ 18.6% |
| Equity10/15 | €26k | €28k | €19k | €25k | €12k | ▼ 52.0% |
| Contributions10/11 | €19k | €19k | - | €19k | €19k | = |
| Outside capital11 | - | - | - | €19k | - | - |
| Other1109/19 | - | - | - | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €5k | €8k | €-2k | €5k | €-8k | ▼ 272% |
| Amounts payable17/49 | €16k | €8k | €21k | €12k | €18k | ▲ 52.0% |
| Amounts payable within one year42/48 | €16k | €8k | €21k | €12k | €18k | ▲ 52.0% |
| Financial debts43 | - | - | - | €4k | €5k | ▲ 21.9% |
| Credit institutions430/8 | - | - | - | €4k | €5k | ▲ 21.9% |
| Trade debts44 | €6k | €1k | €10k | €7k | €11k | ▲ 66.3% |
| Suppliers440/4 | - | - | - | €7k | €11k | ▲ 66.3% |
| Taxes, remuneration and social security45 | - | - | - | €1k | €2k | ▲ 73.4% |
| Taxes450/3 | - | - | - | €989 | €1k | ▲ 10.6% |
| Remuneration and social security454/9 | - | - | - | €276 | €1k | ▲ 298% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90 | €3k | €-10k | €7k | €-13k | ▼ 295% |
| + Depreciation and write-downs630 | €294 | €46 | €46 | €46 | - | - |
| Operating cash flow (approximation) | €383 | €3k | €-10k | €7k | €-13k | ▼ 294% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-09-2025
10-06
KBO administration
Address struck
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 319 days late
2022
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
10-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 283 days late
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 649 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
15-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 46 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Etterbeek · 1 establishment unit since 2000
Ground area
75 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
Parcel 21364B0183/00H003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
INDIAN MIXED GRILL
since 20002.240.311.307
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
15-09-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeek2.240.311.307
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2000
Fiscal year end31-12
Trade name FR
INDIAN MIXED GRILL
Scores and ratios are computed by Checked and are not a credit decision.