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CAVA WORLD

Open bankruptcy
KBO/BCE: BE 0827.431.576

A bankruptcy procedure is open for CAVA WORLD according to publications in the Belgian State Gazette; curator: ANNEMIE MOENS.

Summary

Inactive; last annual accounts for fiscal year 2020.

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 Antwerp, Antwerp division
Declared bankrupt
14 October 2021
Supervising judge
Bert Verbessem
Official Gazette
20-10-2021 (pdf) ↗search the document for 2021/136127

Deadlines

Provisional date payments stopped
14 October 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 4 November 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 13 November 2021art. XX.104 and XX.155 CEL
First verification report
passed on 10 December 2021Goods 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 14 October 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Annemie MoensPrins Boudewijnlaan 177-179, 2610 Wilrijk (Antwerpen)a.moens@ardent.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

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

CAVA WORLD has filed 10 sets of annual accounts, the latest for fiscal year 2020.1 On 14 October 2021 the company was declared bankrupt.2

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 20-10-2021

Go further with this company

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

Financials · fiscal year 2020, micro schema

Equity
-€15,985▲ 23.5%
2019 · -€20,901
Total assets
€9,825▲ 1,412%
2019 · €650
Net result
-€4,259▼ 99.7%
2019 · -€2,133
Working capital
-€16,635▲ 14.3%
2018 · -€19,418
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result-€123--€550▼ 347%
Net result-€1,116--€2,133▼ 91.1%-€4,259▼ 99.7%
Equity-€18,768--€20,901▼ 11.4%-€15,985▲ 23.5%
Total assets€889-€650▼ 26.9%€9,825▲ 1,412%
Debt€19,657-€21,551▲ 9.6%€25,810▲ 19.8%
Working capital-€19,418--€16,635
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2018: -€123-€123Net result 2018: -€1,116-€1,116Operating result 2019: -€550-€550Net result 2019: -€2,133-€2,133Net result 2020: -€4,259-€4,259201820192020-€6,000-€4,000-€2,000€0Operating result 2018: -€123-€123Net result 2018: -€1,116-€1,120Operating result 2019: -€550-€550Net result 2019: -€2,133-€2,130Net result 2020: -€4,259-€4,260201820192020
The operating result stays negative: a loss of €550 in 2019 against €123 in 2018; the loss grows.
Balance-sheet composition
Assets €9,825
Fixed assets €650
Current assets €9,175
Key figures and ratios
2020 value · change against 2019
Solvency
-162.7%
Current ratio
0.36
ROA
-43.3%
Debt ≤ 1 year
€25,810▲
2019 · €21,551
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 18 lines
Balance sheet Code20192020
Assets
Total assets20/58€650€9,825▲
Fixed assets21/28€650€650=
Financial fixed assets28€650€650=
Current assets29/58-€9,175
Cash at bank and in hand54/58-€9,175
Equity and liabilities
Total equity and liabilities10/49€650€9,825▲
Equity10/15-€20,901-€15,985▲
Contributions10/11€6,200€15,375▲
Profit (loss) carried forward14-€27,101-€31,360▼
Amounts payable17/49€21,551€25,810▲
Amounts payable within one year42/48€21,551€25,810▲
Trade debts44-€1,758
Income statement Code20192020
Gross operating margin9900-€161-
Operating profit (loss)9901-€550-
Recurring financial charges65€1,344€4,259▲
Profit (loss) for the period before taxes9903-€2,133-€4,259▼
Profit (loss) for the period9904-€2,133-€4,259▼
Profit (loss) for the period to be appropriated9905-€2,133-€4,259▼
Line201820192020Change
Gross operating margin9900-€16-€161--
Operating profit (loss)9901-€123-€550--
Recurring financial charges65€993€1,344€4,259▲ 217%
Profit (loss) for the period before taxes9903-€1,116-€2,133-€4,259▼ 99.7%
Profit (loss) for the period9904-€1,116-€2,133-€4,259▼ 99.7%
Profit (loss) for the period to be appropriated9905-€1,116-€2,133-€4,259▼ 99.7%
Line201820192020Change
Assets
Total assets20/58€889€650€9,825▲ 1,412%
Fixed assets21/28€650€650€650=
Financial fixed assets28€650€650€650=
Current assets29/58€239-€9,175-
Stocks and contracts in progress3€239---
Cash at bank and in hand54/58--€9,175-
Equity and liabilities
Total equity and liabilities10/49€889€650€9,825▲ 1,412%
Equity10/15-€18,768-€20,901-€15,985▲ 23.5%
Contributions10/11€6,200€6,200€15,375▲ 148%
Profit (loss) carried forward14-€24,968-€27,101-€31,360▼ 15.7%
Amounts payable17/49€19,657€21,551€25,810▲ 19.8%
Amounts payable within one year42/48€19,657€21,551€25,810▲ 19.8%
Trade debts44€266-€1,758-
Line201820192020Change
Profit (loss) for the period9904-€1,116-€2,133-€4,259▼ 99.7%
Operating cash flow (approximation)-€1,116-€2,133-€4,259▼ 99.7%
Investment in fixed assets (approximation)-€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.

Download as CSV

Timeline · acts, filings and financial milestones

2021
20-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-10-2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet -€4,259
Net result drops to -€4,259, the lowest in the series.
23-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
27-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
2015
01-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 32 days late
2014
14-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
08-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 8 days late
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.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator ANNEMIE MOENS
PRINS BOUDEWIJNLAAN 177-179, 2610 WILRIJK (ANTWERPEN)
14-10-2021 → present