CTRWOLUWE
Open bankruptcyA bankruptcy procedure is open for CTRWOLUWE according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS. The 2024 annual accounts show negative equity (€-43k) and a net result of €10k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 18942 sector peers (2024).
NBB · sector comparisonPosition among 18942 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
38 d early
2022
38 d early
2021
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-43k▲ 18.8%
2023 · €-53k
2021: €-85k
2022: €-73k
2023: €-53k
2021 → 2024
Total assets
€136k▲ 2.3%
2023 · €133k
2021: €132k
2022: €101k
2023: €133k
2021 → 2024
Net result
€10k▼ 36.5%
2023 · €16k
2021: €-85k
2022: €12k
2023: €16k
2021 → 2024
Working capital
€-82k▲ 31.2%
2023 · €-120k
2021: €-165k
2022: €-143k
2023: €-120k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-85k-€-73k▲ 14.2%€-53k▲ 27.1%€-43k▲ 18.8%
Operating result€-80k-€17k€18k▲ 4.6%€13k▼ 25.4%
Net result€-85k-€12k€16k▲ 30.6%€10k▼ 36.5%
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 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €136k
Fixed assets
€64k▼ 34.4%
Current assets
€73k▲ 100%
Key figures and ratios
EBITDA
€26k▼
2023 · €32k
Cash flow
€23k▼
2023 · €30k
Solvency
-31.7%▲
2023 · -39.9%
Current ratio
0.47▲
2023 · 0.23
Quick ratio
0.43▲
2023 · 0.20
Debt / equity
-4.16▼
2023 · -3.51
ROA
7.3%▼
2023 · 11.8%
Interest coverage
9.45▼
2023 · 18.30
Debt
€179k▼
2023 · €186k
Debt ≤ 1 year
€155k▼
2023 · €156k
Debt > 1 year
€18k▼
2023 · €24k
Income taxes
€290▲
2023 · €132
Staff costs
€143k▼
2023 · €169k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€133k€136k▲
Fixed assets21/28€97k€64k▼
Intangible fixed assets21€42k€36k▼
Tangible fixed assets22/27€55k€27k▼
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€37k€13k▼
Current assets29/58€36k€73k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€9k€47k▲
Trade receivables40-€12k
Other amounts receivable41€9k€35k▲
Cash at bank and in hand54/58€19k€18k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€133k€136k▲
Equity10/15€-53k€-43k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-57k€-47k▲
Amounts payable17/49€186k€179k▼
Amounts payable after more than one year17€24k€18k▼
Financial debts170/4€24k€18k▼
Amounts payable within one year42/48€156k€155k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€15k€26k▲
Suppliers440/4€15k€26k▲
Taxes, remuneration and social security45€29k€50k▲
Taxes450/3€16k€18k▲
Remuneration and social security454/9€13k€32k▲
Other amounts payable47/48€107k€72k▼
Accrued charges and deferred income492/3€6k€6k=
Income statement
Code20232024
Remuneration, social security and pensions62€169k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€6k€17k▲
Gross operating margin9900€207k€186k▼
Operating profit (loss)9901€18k€13k▼
Financial income75/76B€94€0▼
Recurring financial income75€94€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€16k€10k▼
Income taxes67/77€132€290▲
Profit (loss) for the period9904€16k€10k▼
Profit (loss) for the period to be appropriated9905€16k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-47k▲
Profit (loss) brought forward from the previous period14P€-73k€-57k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CTRWOLUWE BV ST-LAMBRECHTS-WOLUWELAAN 70/86, 1200 SINT- LAMBRECHTS-WOLUWE · event 18-11-2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €16k ▲30.6%
Operating result €18k, net result €16k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2020
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.
St-Lambrechts-Woluwelaan 701200 Sint-Lambrechts-WoluweGround area
183 m²
Building footprint
85 m²
Volume, LiDAR
1,156 m³
Parcel 21673D0141/00A016, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CHITIR CHICKEN
since 20202.305.020.403
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0141/00A016 | Brussels | 183 m² | 1 · 85 m² | 18.2 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 | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
18-11-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.305.020.403
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,896 companies in sector 56112 we hold annual accounts for 9,785.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2020
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.