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BRADAN

Open bankruptcy
Private limited companyfounded 2018Polenlaan(Kem) 7, 8956 Heuvelland, BelgiumKBO/BCE: BE 0712.536.363

A bankruptcy procedure is open for BRADAN according to publications in the Belgian State Gazette; curator: BRUNO DE RYNCK.

Summary

The 2023 annual accounts show negative equity (-€23,850) and a net result of -€30,996.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ypres division
Declared bankrupt
13 May 2025
Supervising judge
Geert Pyck
Official Gazette
19-05-2025 (pdf) ↗search the document for 2025/120890

Deadlines

Provisional date payments stopped
13 May 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 June 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 June 2025art. XX.104 and XX.155 CEL
First verification report
passed on 27 June 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 13 May 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Bruno De RynckNijverheidstraat 2, 8900 Ieperbruno@advocaat-derouck.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 1 filing
Deviation from the deadline
2023
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 29 days after the deadline; the sector median for financial year 2023 is 14 days after the deadline, and 55% of the sector filed late.

Checked, nothing found (1)
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

History

On 24 October 2018, BRADAN was incorporated.1 The company has filed annual accounts once, for fiscal year 2023.2 The company was declared bankrupt on 13 May 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 19-05-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€23,850
Total assets
€83,669
Net result
-€30,996
Working capital
-€29,012

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €83,669
Fixed assets €66,836
Current assets €16,833
Key figures and ratios
2023 value
EBITDA
-€23,990
Cash flow
-€24,735
Solvency
-28.5%
Current ratio
0.37
Quick ratio
0.13
Debt to equity
-4.51
ROA
-37.0%
Interest coverage
-25.32
Debt
€107,520
Debt ≤ 1 year
€45,845
Debt > 1 year
€60,000
Income taxes
€0
Staff costs
€62,265
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 43 lines
Balance sheet Code2023
Assets
Total assets20/58€83,669
Fixed assets21/28€66,836
Intangible fixed assets21€56,877
Tangible fixed assets22/27€9,959
Plant, machinery and equipment23€9,959
Financial fixed assets28€0
Current assets29/58€16,833
Stocks and contracts in progress3€11,000
Stocks30/36€11,000
Amounts receivable within one year40/41€12
Other amounts receivable41€12
Cash at bank and in hand54/58€2,458
Deferred charges and accrued income490/1€3,363
Equity and liabilities
Total equity and liabilities10/49€83,669
Equity10/15-€23,850
Contributions10/11€1,000
Profit (loss) carried forward14-€24,850
Amounts payable17/49€107,520
Amounts payable after more than one year17€60,000
Other amounts payable178/9€60,000
Amounts payable within one year42/48€45,845
Trade debts44€26,027
Suppliers440/4€26,027
Taxes, remuneration and social security45€17,101
Taxes450/3€5,085
Remuneration and social security454/9€12,017
Other amounts payable47/48€2,716
Accrued charges and deferred income492/3€1,675
Income statement Code2023
Remuneration, social security and pensions62€62,265
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,261
Other operating charges640/8€1,102
Gross operating margin9900€39,377
Operating profit (loss)9901-€30,251
Financial income75/76B€202
Recurring financial income75€202
Financial charges65/66B€948
Recurring financial charges65€948
Profit (loss) for the period before taxes9903-€30,996
Income taxes67/77€0
Profit (loss) for the period9904-€30,996
Profit (loss) for the period to be appropriated9905-€30,996
Appropriation of the result
Profit (loss) to be appropriated9906-€24,850
Profit (loss) brought forward from the previous period14P€6,146

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Remuneration, social security and pensions62€62,265
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,261
Other operating charges640/8€1,102
Gross operating margin9900€39,377
Operating profit (loss)9901-€30,251
Financial income75/76B€202
Recurring financial income75€202
Financial charges65/66B€948
Recurring financial charges65€948
Profit (loss) for the period before taxes9903-€30,996
Income taxes67/77€0
Profit (loss) for the period9904-€30,996
Profit (loss) for the period to be appropriated9905-€30,996
Line2023
Assets
Total assets20/58€83,669
Fixed assets21/28€66,836
Intangible fixed assets21€56,877
Tangible fixed assets22/27€9,959
Plant, machinery and equipment23€9,959
Financial fixed assets28€0
Current assets29/58€16,833
Stocks and contracts in progress3€11,000
Stocks30/36€11,000
Amounts receivable within one year40/41€12
Other amounts receivable41€12
Cash at bank and in hand54/58€2,458
Deferred charges and accrued income490/1€3,363
Equity and liabilities
Total equity and liabilities10/49€83,669
Equity10/15-€23,850
Contributions10/11€1,000
Profit (loss) carried forward14-€24,850
Amounts payable17/49€107,520
Amounts payable after more than one year17€60,000
Other amounts payable178/9€60,000
Amounts payable within one year42/48€45,845
Trade debts44€26,027
Suppliers440/4€26,027
Taxes, remuneration and social security45€17,101
Taxes450/3€5,085
Remuneration and social security454/9€12,017
Other amounts payable47/48€2,716
Accrued charges and deferred income492/3€1,675
Line2023
Profit (loss) for the period9904-€30,996
+ Depreciation and write-downs630€6,261
Operating cash flow (approximation)-€24,735

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
19-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 13-05-2025
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Heuvelland · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
323 m²
Building footprint
234 m²
Volume, LiDAR
1,312 m³
Parcel 33012B0500/00S000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Gilde
Polenlaan(Kem) 7, 8956 HeuvellandFull-service restaurants
since 20202.299.259.690
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33012B0500/00S000 Flanders 323 m² 1 · 234 m² 10.3 m · 1 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 BRUNO DE RYNCK
NIJVERHEIDSTRAAT 2, 8900 IEPER-
13-05-2025 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.