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Claridge

Open bankruptcy
Private limited company (pre-2019)founded 2014't Zand 5, 8000 Brugge, BelgiumKBO/BCE: BE 0506.680.983

A bankruptcy procedure is open for Claridge according to publications in the Belgian State Gazette; curator: BRECHT MAUS.

Summary

The 2021 annual accounts show negative equity (€-261k) and a net result of €2k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
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
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 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
2019
68 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2021, micro schema

Equity
€-261k▲ 0.9%
2020 · €-263k
2018: €-89k 2019: €-164k 2020: €-263k
2018 → 2021
Total assets
€140k▲ 7.1%
2020 · €131k
2018: €223k 2019: €174k 2020: €131k
2018 → 2021
Net result
€2k
2020 · €-100k
2018: €-27k 2019: €-75k 2020: €-100k
2018 → 2021
Working capital
€-337k▲ 5.5%
2020 · €-356k
2018: €-236k 2019: €-284k 2020: €-356k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-89k-€-164k▼ 84.1%€-263k▼ 61.0%€-261k▲ 0.9%
Operating result€-21k-€-42k▼ 93.9%€-104k▼ 150%€4k
Net result€-27k-€-75k▼ 172%€-100k▼ 33.6%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2018: €-21k€-21kNet result 2018: €-27k€-27kOperating result 2019: €-42k€-42kNet result 2019: €-75k€-75kOperating result 2020: €-104k€-104kNet result 2020: €-100k€-100kOperating result 2021: €4k€4kNet result 2021: €2k€2k2018201920202021
The operating result returns to profit in 2021: €4k after a loss of €104k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €140k
Fixed assets €75k ▼ 18.6%
Current assets €65k ▲ 68.9%
Key figures and ratios
2021 value · change against 2020
EBITDA
€28k
2020 · €-76k
Cash flow
€27k
2020 · €-72k
Solvency
-186.1%
2020 · -200.9%
Current ratio
0.16
2020 · 0.10
Quick ratio
0.15
2020 · 0.09
Debt / equity
-1.54
ROA
1.7%
2020 · -76.2%
Interest coverage
16.42
Debt
€401k
2020 · €395k
Debt ≤ 1 year
€401k
2020 · €395k
Income taxes
€84
2020 · €83
Staff costs
€85k
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 · 2021 against 2020 · 42 lines
Balance sheet Code20202021
Assets
Total assets20/58€131k€140k
Fixed assets21/28€93k€75k
Intangible fixed assets21€2k€1k
Tangible fixed assets22/27€91k€74k
Plant, machinery and equipment23-€64k
Furniture and vehicles24-€10k
Current assets29/58€38k€65k
Stocks and contracts in progress3€3k€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€15k€10k
Trade receivables40-€9k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€15k€47k
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€131k€140k
Equity10/15€-263k€-261k
Contributions10/11-€7k
Profit (loss) carried forward14€-270k€-268k
Amounts payable17/49€395k€401k
Amounts payable within one year42/48€395k€401k
Current portion of amounts payable after more than one year42-€13k
Trade debts44€26k€23k
Suppliers440/4-€23k
Taxes, remuneration and social security45-€33k
Taxes450/3-€1k
Remuneration and social security454/9-€32k
Other amounts payable47/48-€332k
Income statement Code20202021
Remuneration, social security and pensions62-€85k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€24k
Other operating charges640/8-€5k
Gross operating margin9900€73k€119k
Operating profit (loss)9901€-104k€4k
Financial income75/76B-€591
Recurring financial income75€6k€591
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-100k€2k
Income taxes67/77€83€84
Profit (loss) for the period9904€-100k€2k
Profit (loss) for the period to be appropriated9905€-100k€2k
Appropriation of the result
Profit (loss) to be appropriated9906-€-268k
Profit (loss) brought forward from the previous period14P-€-270k

The notes to these accounts (8 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

2023
27-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · CLARIDGE BV ’T ZAND 5, 8000 BRUGGE · event 21-09-2023
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €2k
Net result €2k after 3 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €-100k
Net result drops to €-100k, the lowest in the series.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Brugge · 1 establishment unit since 2014
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.

't Zand 58000 Brugge
Ground area
174 m²
Building footprint
158 m²
Volume, LiDAR
2,396 m³
Parcel 31804D1448/00C000, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Feniks
't Zand 5, 8000 BruggeCafés and bars
since 20142.240.015.852
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31804D1448/00C000 Flanders 174 m² 1 · 158 m² 18.8 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 BRECHT MAUS
DORPSSTRAAT 140-142, 8300 KNOKKE- HEIST
21-09-2023present

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 270 EUR awarded · 270 EUR paid
Year Entries awardedpaid
2023 1 270 EUR270 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 270 EUR · 270 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 4,706 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

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