CONCERN
Open bankruptcySummary
A bankruptcy procedure is open for CONCERN according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €102,067 and a net result of -€12,200.
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, Hasselt division
- Declared bankrupt
- 26 June 2025
- Supervising judge
- Willem Corstjens
- Official Gazette
- 02-07-2025 (pdf) ↗search the document for 2025/128990
Deadlines
- Provisional date payments stopped
- 26 June 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 17 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 26 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 August 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 26 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Dominic GielenVan Dijcklaan 15, 3500 Hasseltdominic.gielen@xgfvs.be
- Xavier GielenVan Dijcklaan 15, 3500 Hasseltgielen@xgfvs.be
- Frederika Van SwygenhovenVan Dijcklaan 15, 3500 Hasseltvanswygenhoven@xgfvs.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 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
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?List enrichment How is the Full-service restaurants sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€102,067▼ 10.7%
2022 · €114,266
Total assets
€152,846▼ 13.8%
2022 · €177,251
Net result
-€12,200
2022 · €61,765
Working capital
€66,877▼ 37.7%
2022 · €107,402
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€103,853-€73,969▼ 28.8%-€12,053
Net result€86,530above the sector's middle half-€61,765above the sector's middle half▼ 28.6%-€12,200below the sector's middle half
Equity€70,001within the sector's middle half-€114,266above the sector's middle half▲ 63.2%€102,067above the sector's middle half▼ 10.7%
Total assets€108,593within the sector's middle half-€177,251within the sector's middle half▲ 63.2%€152,846within the sector's middle half▼ 13.8%
Debt€38,592-€62,985▲ 63.2%€50,779▼ 19.4%
Working capital€66,928above the sector's middle half-€107,402above the sector's middle half▲ 60.5%€66,877above the sector's middle half▼ 37.7%
Solvency64.5%above the sector's middle half-64.5%above the sector's middle half=66.8%above the sector's middle half▲ 2.3pp
Current ratio2.73above the sector's middle half-2.71above the sector's middle half▼ 0.032.32above the sector's middle half▼ 0.39
Return on assets (ROA)79.7%above the sector's middle half-34.8%above the sector's middle half▼ 44.8pp-8.0%within the sector's middle half▼ 42.8pp
Staff (FTE)1.1
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 turns negative in 2023: a loss of €12,053 after €73,969 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €152,846
Fixed assets
€35,189 ▲ 441%
Current assets
€117,657 ▼ 30.9%
Equity and liabilities €152,846
Equity
€102,067 ▼ 10.7%
Debt
€50,779 ▼ 19.4%
Debt's share of the balance-sheet total falls from 35.5% to 33.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,626▼
2022 · €76,871
Cash flow
-€7,772▼
2022 · €64,667
Quick ratio
2.26▼
2022 · 2.67
Debt to equity
0.50▼
2022 · 0.55
ROE
-12.0%▼
2022 · 54.1%
Interest coverage
-2.44▼
2022 · 48.02
Debt ≤ 1 year
€50,779▼
2022 · €62,985
Income taxes
€123▼
2022 · €12,458
Staff costs
€45,020▲
2022 · €4,919
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,538 | €4,919 | €45,020 | ▲ 815% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,586 | €2,901 | €4,428 | ▲ 52.6% |
| Other operating charges640/8 | €1,856 | €2,000 | €1,019 | ▼ 49.0% |
| Gross operating margin9900 | €109,833 | €83,789 | €38,413 | ▼ 54.2% |
| Operating profit (loss)9901 | €103,853 | €73,969 | -€12,053 | ▼ 116% |
| Financial income75/76B | €952 | €1,855 | €3,097 | ▲ 67.0% |
| Recurring financial income75 | €952 | €1,855 | €3,097 | ▲ 67.0% |
| Financial charges65/66B | €1,212 | €1,601 | €3,120 | ▲ 94.9% |
| Recurring financial charges65 | €1,212 | €1,601 | €3,120 | ▲ 94.9% |
| Profit (loss) for the period before taxes9903 | €103,593 | €74,223 | -€12,076 | ▼ 116% |
| Income taxes67/77 | €17,063 | €12,458 | €123 | ▼ 99.0% |
| Profit (loss) for the period9904 | €86,530 | €61,765 | -€12,200 | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | €86,530 | €61,765 | -€12,200 | ▼ 120% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €108,593 | €177,251 | €152,846 | ▼ 13.8% |
| Formation expenses20 | €1,230 | €364 | - | - |
| Fixed assets21/28 | €1,843 | €6,501 | €35,189 | ▲ 441% |
| Tangible fixed assets22/27 | €1,843 | €6,501 | €29,489 | ▲ 354% |
| Plant, machinery and equipment23 | €720 | €2,074 | €2,108 | ▲ 1.6% |
| Furniture and vehicles24 | €1,123 | €4,427 | €26,399 | ▲ 496% |
| Other tangible fixed assets26 | - | - | €982 | - |
| Financial fixed assets28 | - | - | €5,700 | - |
| Current assets29/58 | €105,520 | €170,386 | €117,657 | ▼ 30.9% |
| Stocks and contracts in progress3 | €2,500 | €2,500 | €3,061 | ▲ 22.5% |
| Stocks30/36 | €2,500 | €2,500 | €3,061 | ▲ 22.5% |
| Amounts receivable within one year40/41 | €83,392 | €144,023 | €107,117 | ▼ 25.6% |
| Trade receivables40 | €13,523 | €10,387 | €24,213 | ▲ 133% |
| Other amounts receivable41 | €69,870 | €133,636 | €82,904 | ▼ 38.0% |
| Cash at bank and in hand54/58 | €18,685 | €23,707 | €7,087 | ▼ 70.1% |
| Deferred charges and accrued income490/1 | €942 | €156 | €392 | ▲ 151% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €108,593 | €177,251 | €152,846 | ▼ 13.8% |
| Equity10/15 | €70,001 | €114,266 | €102,067 | ▼ 10.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €65,001 | €109,266 | €97,067 | ▼ 11.2% |
| Amounts payable17/49 | €38,592 | €62,985 | €50,779 | ▼ 19.4% |
| Amounts payable within one year42/48 | €38,592 | €62,985 | €50,779 | ▼ 19.4% |
| Trade debts44 | - | €10,446 | €9,619 | ▼ 7.9% |
| Suppliers440/4 | - | €10,446 | €9,619 | ▼ 7.9% |
| Taxes, remuneration and social security45 | €17,063 | €35,039 | €41,160 | ▲ 17.5% |
| Taxes450/3 | €17,063 | €34,033 | €34,803 | ▲ 2.3% |
| Remuneration and social security454/9 | - | €1,006 | €6,357 | ▲ 532% |
| Other amounts payable47/48 | €21,529 | €17,500 | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,530 | €61,765 | -€12,200 | ▼ 120% |
| + Depreciation and write-downs630 | €1,586 | €2,901 | €4,428 | ▲ 52.6% |
| Operating cash flow (approximation) | €88,116 | €64,667 | -€7,772 | ▼ 112% |
| Investment in fixed assets (approximation) | - | -€7,560 | -€33,116 | ▼ 338% |
| Change in cash | - | €5,021 | -€16,620 | ▼ 431% |
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
2025
02-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 26-06-2025
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€12,200
Net result drops to -€12,200, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100,000Eq €114,266 ▲63.2%
2 profitable years in a row build equity to €114,266.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Sign in to place this company at the front of the reading queue.
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, Diepenbeek · 1 establishment unit since 2023
Ground area
190 m²
Building footprint
164 m²
Parcel 71402D0044/00H000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
12 o'clock somewhere
since 20232.345.921.442
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D0044/00H000 | Flanders | 189 m² | 1 · 164 m² | - |
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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DOMINIC GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- |
26-06-2025 → present |
| Curator | XAVIER GIELEN Van Dijcklaan 15,
3500 HASSELT |
26-06-2025 → present |
| Curator | FREDERIKA VAN SWYGENHOVEN VAN DIJCKLAAN 15, 3500 HASSELT |
26-06-2025 → present |
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,545 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
86940Nursing and midwifery
Contact
Website
www.businesssolutions.design
E-mail
info@12oclock-diepenbeek.be
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.