CAMELIA MODE

Open bankruptcy

Private limited companyfounded 2017Steenwagenstraat 91, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0682.967.595

A bankruptcy procedure is open for CAMELIA MODE according to publications in the Belgian State Gazette; curator: MAARTEN BENTEIN. The 2023 annual accounts show negative equity (€-2k) and a net result of €8k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

30 d late

2022

23 d late

2021

12 d late

2020

30 d late

2019

307 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2023, micro schema

Turnover

€12k▲ 140%

2019 · €5k

2018: €22k 2019: €5k

2018 → 2020

EBIT margin

-420.5%▼ 215.1pp

2019 · -205.4%

2018: 17.9% 2019: -205.4%

2018 → 2020

Net result

€8k▼ 62.1%

2022 · €21k

2018: €4k 2019: €-10k 2020: €-51k 2021: €7k 2022: €21k

2018 → 2023

Working capital

€-5k▲ 68.2%

2022 · €-16k

2018: €22k 2019: €12k 2020: €-39k 2021: €-32k 2022: €-16k

2018 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202120222023Trend

Turnover€5k-€12k▲ 140%

Equity€12k-€-39k€-32k▲ 18.1%€-10k▲ 67.1%€-2k▲ 77.2%

Operating result€-10k-€-51k▼ 391%€7k€21k▲ 206%€8k▼ 62.1%

Net result€-10k-€-51k▼ 389%€7k€21k▲ 204%€8k▼ 62.1%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2023; 2023 is 62% below 2022.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €62k

95.8%

Fixed assets €3k▼ 50.0%

Current assets €60k▲ 84.0%

Key figures and ratios

2023 value · change against 2022

EBITDA

€11k▼

2022 · €24k

Cash flow

€11k▼

2022 · €24k

Solvency

-3.8%▲

2022 · -27.6%

Current ratio

0.92▲

2022 · 0.68

Quick ratio

0.89▲

2022 · 0.62

Debt / equity

-27.31▼

2022 · -4.62

ROA

12.9%▼

2022 · 56.4%

Interest coverage

118312.11▲

2022 · 1413.30

Debt

€65k▲

2022 · €48k

Debt ≤ 1 year

€65k▲

2022 · €48k

Staff costs

€-836▼

2022 · €10k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€38k€62k▲

Fixed assets21/28€5k€3k▼

Tangible fixed assets22/27€5k€3k▼

Furniture and vehicles24€5k€3k▼

Current assets29/58€32k€60k▲

Stocks and contracts in progress3€3k€2k▼

Stocks30/36€3k€2k▼

Amounts receivable within one year40/41€0€55k▲

Trade receivables40€0€45k▲

Other amounts receivable41-€10k

Cash at bank and in hand54/58€17k€3k▼

Deferred charges and accrued income490/1€12k€188▼

Equity and liabilities

Total equity and liabilities10/49€38k€62k▲

Equity10/15€-10k€-2k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-29k€-21k▲

Amounts payable17/49€48k€65k▲

Amounts payable within one year42/48€48k€65k▲

Trade debts44€23k€19k▼

Suppliers440/4€23k€19k▼

Advances received on contracts in progress46-€45k

Taxes, remuneration and social security45€4k€953▼

Taxes450/3€2k€953▼

Remuneration and social security454/9€2k€0▼

Other amounts payable47/48€21k€0▼

Income statement Code20222023

Remuneration, social security and pensions62€10k€-836▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=

Other operating charges640/8€3k€5k▲

Gross operating margin9900€36k€15k▼

Operating profit (loss)9901€21k€8k▼

Financial income75/76B€10€0▼

Recurring financial income75€10€0▼

Financial charges65/66B€17€0▼

Recurring financial charges65€17€0▼

Profit (loss) for the period before taxes9903€21k€8k▼

Profit (loss) for the period9904€21k€8k▼

Profit (loss) for the period to be appropriated9905€21k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-29k€-21k▲

Profit (loss) brought forward from the previous period14P€-50k€-29k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Signals 2Financial 3Filings 6

2026

19-01

Bankruptcy Opening

Ondernemingsrechtbank Brussel · CAMELIA MODE BV STEEN- WAGENSTRAAT 91, 1820 STEENOKKERZEEL · event 13-01-2026

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

23-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 23 days late

2022

31-12

Financial Highest result since 2018net €21k ▲204%

Operating result €21k, net result €21k, both a record.

12-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 12 days late

2021

31-12

Financial Back to profitnet €7k

Net result €7k after 2 loss-making years.

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

15-06

Bankruptcy Judicial dissolution

Ondernemingsrechtbank Brussel · van: CAMELIA MODE BV- KONINKLIJKE SINTE-MARIASTRAAT 22, 1030 Schaar- beek

03-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 307 days late

03-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 673 days late

2020

31-12

Financial Weakest financial yearnet €-51k

Net result drops to €-51k, the lowest in the series.

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Steenokkerzeel · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenwagenstraat 911820 Steenokkerzeel

Ground area

706 m²

Building footprint

125 m²

Volume, LiDAR

1,374 m³

2 parcels, Brussels, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

CAMELIA MODE

Koninklijke Sinte-Mariastraat 22, 1030 SchaarbeekLimited-service restaurants

since 20172.270.290.641

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23051A0031/00F002	Flanders	620 m²	1 · 39 m²	2.4 m · 1 fl.
21908E0259/00N000 ProtectedMonument · Site or landscapeHuis der Kunsten - voormalig kasteel Eenens-Terlinden - en tuinSource ↗	Brussels	86 m²	1 · 86 m²	19.2 m · 5 fl.