BUDDY'S
Open bankruptcyAre 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, Bruges division
- Declared bankrupt
- 9 February 2023
- Supervising judge
- Elisabeth Vander Stichele
- Official Gazette
- 15-02-2023 (pdf) ↗search the document for 2023/105856
Deadlines
- Provisional date payments stopped
- 9 February 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 March 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 11 March 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 March 2023Goods 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 9 February 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Dave PardoKalvekeetdijk 179 /08, 8300 Knokke- Heistd.pardo@fellows.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 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 · 2 filingsDeviation from the deadline
2021
57 d late
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 16 days after the deadline; the sector median for financial year 2021 is 16 days after the deadline, and 58% of the sector filed late.
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
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€34,746▼ 113%
2020 · -€16,338
Total assets
€88,921▲ 9.0%
2020 · €81,553
Net result
-€18,408▲ 17.6%
2020 · -€22,338
Working capital
€924
2020 · -€87,645
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021
Operating result-€22,586--€18,275▲ 19.1%
Net result-€22,338below the sector's middle half--€18,408below the sector's middle half▲ 17.6%
Equity-€16,338below the sector's middle half--€34,746below the sector's middle half▼ 113%
Total assets€81,553within the sector's middle half-€88,921within the sector's middle half▲ 9.0%
Debt€97,891-€123,667▲ 26.3%
Working capital-€87,645below the sector's middle half-€924within the sector's middle half
Solvency-20.0%below the sector's middle half--39.1%below the sector's middle half▼ 19.0pp
Current ratio0.10below the sector's middle half-1.03within the sector's middle half▲ 0.93
Return on assets (ROA)-27.4%below the sector's middle half--20.7%below the sector's middle half▲ 6.7pp
Staff (FTE)0.5below the sector's middle half-0.8▲ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,275 in 2021 against €22,586 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €88,921
Fixed assets
€61,331 ▼ 14.0%
Current assets
€27,591 ▲ 169%
Equity and liabilities
Equity-€34,746
Debt€123,667
Equity is negative: debt (€123,667) exceeds the balance-sheet total (€88,921).
Key figures and ratios
EBITDA
-€8,238▲
2020 · -€15,321
Cash flow
-€8,371▲
2020 · -€15,073
Quick ratio
0.91▲
2020 · 0.05
Interest coverage
-39.59
Debt ≤ 1 year
€26,667▼
2020 · €97,891
Debt > 1 year
€97,000
Staff costs
€32,312
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €32,312 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,265 | €10,037 | ▲ 38.2% |
| Other operating charges640/8 | - | €525 | - |
| Gross operating margin9900 | €987 | €24,599 | ▲ 2,393% |
| Operating profit (loss)9901 | -€22,586 | -€18,275 | ▲ 19.1% |
| Financial income75/76B | - | €75 | - |
| Recurring financial income75 | €509 | €75 | ▼ 85.2% |
| Financial charges65/66B | - | €208 | - |
| Recurring financial charges65 | €261 | €208 | ▼ 20.3% |
| Profit (loss) for the period before taxes9903 | -€22,338 | -€18,408 | ▲ 17.6% |
| Profit (loss) for the period9904 | -€22,338 | -€18,408 | ▲ 17.6% |
| Profit (loss) for the period to be appropriated9905 | -€22,338 | -€18,408 | ▲ 17.6% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €81,553 | €88,921 | ▲ 9.0% |
| Fixed assets21/28 | €71,307 | €61,331 | ▼ 14.0% |
| Tangible fixed assets22/27 | €70,507 | €60,471 | ▼ 14.2% |
| Land and buildings22 | - | €54,368 | - |
| Plant, machinery and equipment23 | - | €6,102 | - |
| Financial fixed assets28 | €800 | €860 | ▲ 7.5% |
| Current assets29/58 | €10,246 | €27,591 | ▲ 169% |
| Stocks and contracts in progress3 | €5,435 | €3,226 | ▼ 40.6% |
| Stocks30/36 | - | €3,226 | - |
| Amounts receivable within one year40/41 | €3,607 | €8,947 | ▲ 148% |
| Trade receivables40 | - | €6,987 | - |
| Other amounts receivable41 | - | €1,959 | - |
| Cash at bank and in hand54/58 | €1,203 | €15,418 | ▲ 1,181% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €81,553 | €88,921 | ▲ 9.0% |
| Equity10/15 | -€16,338 | -€34,746 | ▼ 113% |
| Contributions10/11 | - | €6,000 | - |
| Profit (loss) carried forward14 | -€22,338 | -€40,746 | ▼ 82.4% |
| Amounts payable17/49 | €97,891 | €123,667 | ▲ 26.3% |
| Amounts payable after more than one year17 | - | €97,000 | - |
| Other amounts payable178/9 | - | €97,000 | - |
| Amounts payable within one year42/48 | €97,891 | €26,667 | ▼ 72.8% |
| Trade debts44 | €6,414 | €16,200 | ▲ 153% |
| Suppliers440/4 | - | €16,200 | - |
| Taxes, remuneration and social security45 | - | €2,660 | - |
| Taxes450/3 | - | €2,135 | - |
| Remuneration and social security454/9 | - | €524 | - |
| Other amounts payable47/48 | - | €7,808 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€22,338 | -€18,408 | ▲ 17.6% |
| + Depreciation and write-downs630 | €7,265 | €10,037 | ▲ 38.2% |
| Operating cash flow (approximation) | -€15,073 | -€8,371 | ▲ 44.5% |
| Investment in fixed assets (approximation) | - | -€60 | - |
| Change in cash | - | €14,215 | - |
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
2024
26-04
KBO administration
Address struck
event 07-03-2024
2023
15-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 09-02-2023
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Liquidity times 10current ratio 1.03
Current ratio from 0.10 to 1.03; short-term debt falls from €97,891 to €26,667.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2020
Ground area
168 m²
Building footprint
167 m²
Volume, LiDAR
3,382 m³
Parcel 31013A0317/00_000, Flanders · tallest building 28.1 m, ±8 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BUDDY'S
since 20202.298.706.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0317/00_000 | Flanders | 168 m² | 1 · 167 m² | 28.1 m · 8 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 | DAVE PARDO Kalvekeetdijk 179 /08, 8300 Knokke- Heist |
09-02-2023 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 13,991 companies in this sector we hold annual accounts for 4,899. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded29-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
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 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.