DBBE
Open bankruptcyA bankruptcy procedure is open for DBBE according to publications in the Belgian State Gazette; curator: YANNICK ALSTEENS.
Summary
The 2022 annual accounts show negative equity (-€200,114) and a net result of €3,525.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 4 December 2023
- Supervising judge
- Kim Lauwers
- Official Gazette
- 11-12-2023 (pdf) ↗search the document for 2023/147443
Curator
- Yannick AlsteensRue Du Panier Vert 70, 1400 Nivellesyannick.alsteens@novalis.law
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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 18-07-2023, 13 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
13 d early
2021
39 d late
2020
60 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 36 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 Are there other customers at risk in your own list?Debtor check 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 2022, micro schema
Turnover
€633,468
EBIT margin
1.6%
Net result
€3,525
2021 · -€65,308
Working capital
-€296,860▲ 3.2%
2021 · -€306,579
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
Line20182019202020212022
Turnover€633,468
Operating result-€104,751-€10,209€2,326▼ 77.2%-€64,995€4,879
Net result-€104,865-€7,214€2,167▼ 70.0%-€65,308€3,525
EBIT margin1.6%
Equity-€147,713--€140,499▲ 4.9%-€138,331▲ 1.5%-€203,639▼ 47.2%-€200,114▲ 1.7%
Total assets€205,016-€140,139▼ 31.6%€155,938▲ 11.3%€120,764▼ 22.6%€117,743▼ 2.5%
Debt€352,729-€280,638▼ 20.4%€294,269▲ 4.9%€324,402▲ 10.2%€317,857▼ 2.0%
Working capital-€286,403--€267,905▲ 6.5%-€244,357▲ 8.8%-€306,579▼ 25.5%-€296,860▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €4,879 after a loss of €64,995 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €117,743
Fixed assets
€96,746 ▼ 10.3%
Current assets
€20,997 ▲ 63.3%
Key figures and ratios
EBITDA
€16,037▲
2021 · -€53,837
Cash flow
€14,683▲
2021 · -€54,149
Solvency
-170.0%▼
2021 · -168.6%
Current ratio
0.07▲
2021 · 0.04
Quick ratio
0.03▲
2021 · 0.02
Debt to equity
-1.59▲
2021 · -1.59
ROA
3.0%▲
2021 · -54.1%
Interest coverage
66.70▲
2021 · -172.06
Debt ≤ 1 year
€317,857▼
2021 · €319,438
Income taxes
€1,113
Staff costs
€78,006▲
2021 · €63,533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €633,468 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €192,674 | €185,329 | ▼ 3.8% |
| Remuneration, social security and pensions62 | - | - | - | €63,533 | €78,006 | ▲ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,555 | €18,245 | €13,034 | €11,158 | €11,158 | = |
| Other operating charges640/8 | - | - | - | €75 | €133 | ▲ 78.0% |
| Gross operating margin9900 | €149,907 | €250,857 | €95,845 | €9,771 | €94,176 | ▲ 864% |
| Operating profit (loss)9901 | -€104,751 | €10,209 | €2,326 | -€64,995 | €4,879 | ▲ 108% |
| Financial charges65/66B | - | - | - | €313 | €240 | ▼ 23.2% |
| Recurring financial charges65 | €114 | €119 | €193 | €313 | €240 | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | -€104,865 | €10,090 | €2,133 | -€65,308 | €4,639 | ▲ 107% |
| Income taxes67/77 | - | €2,876 | -€34 | - | €1,113 | - |
| Profit (loss) for the period9904 | -€104,865 | €7,214 | €2,167 | -€65,308 | €3,525 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | -€104,865 | €7,214 | €2,167 | -€65,308 | €3,525 | ▲ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205,016 | €140,139 | €155,938 | €120,764 | €117,743 | ▼ 2.5% |
| Fixed assets21/28 | €166,308 | €132,097 | €119,062 | €107,904 | €96,746 | ▼ 10.3% |
| Tangible fixed assets22/27 | €115,183 | €80,972 | €67,937 | €56,779 | €45,621 | ▼ 19.7% |
| Furniture and vehicles24 | - | - | - | €56,779 | €45,621 | ▼ 19.7% |
| Financial fixed assets28 | €51,125 | €51,125 | €51,125 | €51,125 | €51,125 | = |
| Current assets29/58 | €38,708 | €8,043 | €36,875 | €12,859 | €20,997 | ▲ 63.3% |
| Stocks and contracts in progress3 | €8,096 | €6,038 | €3,579 | €6,808 | €10,038 | ▲ 47.5% |
| Stocks30/36 | - | - | - | €6,808 | €10,038 | ▲ 47.5% |
| Amounts receivable within one year40/41 | €22,378 | €400 | €4,430 | €1,644 | €3,622 | ▲ 120% |
| Other amounts receivable41 | - | - | - | €1,644 | €3,622 | ▲ 120% |
| Cash at bank and in hand54/58 | €8,234 | €1,204 | €27,794 | €4,039 | €7,337 | ▲ 81.6% |
| Deferred charges and accrued income490/1 | - | - | - | €369 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205,016 | €140,139 | €155,938 | €120,764 | €117,743 | ▼ 2.5% |
| Equity10/15 | -€147,713 | -€140,499 | -€138,331 | -€203,639 | -€200,114 | ▲ 1.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | - | €505 | €613 | €613 | €1,860 | ▲ 204% |
| Non-distributable reserves130/1 | - | - | - | €613 | €1,860 | ▲ 204% |
| Legal reserve130 | - | - | - | €613 | €1,860 | ▲ 204% |
| Profit (loss) carried forward14 | -€166,313 | -€159,603 | -€157,544 | -€222,851 | -€220,574 | ▲ 1.0% |
| Amounts payable17/49 | €352,729 | €280,638 | €294,269 | €324,402 | €317,857 | ▼ 2.0% |
| Amounts payable after more than one year17 | €27,618 | €4,690 | €13,036 | €4,964 | - | - |
| Financial debts170/4 | - | - | - | €4,964 | - | - |
| Amounts payable within one year42/48 | €325,110 | €275,948 | €281,233 | €319,438 | €317,857 | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,028 | €2,978 | ▼ 40.8% |
| Financial debts43 | - | - | - | €2,084 | €1,563 | ▼ 25.0% |
| Credit institutions430/8 | - | - | - | €2,084 | €1,563 | ▼ 25.0% |
| Trade debts44 | €60,947 | €32,830 | €23,682 | €19,129 | €57,125 | ▲ 199% |
| Suppliers440/4 | - | - | - | €19,129 | €57,125 | ▲ 199% |
| Taxes, remuneration and social security45 | - | - | - | €71,263 | €89,827 | ▲ 26.0% |
| Taxes450/3 | - | - | - | €22,465 | €30,925 | ▲ 37.7% |
| Remuneration and social security454/9 | - | - | - | €48,798 | €58,902 | ▲ 20.7% |
| Other amounts payable47/48 | - | - | - | €221,933 | €166,363 | ▼ 25.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€104,865 | €7,214 | €2,167 | -€65,308 | €3,525 | ▲ 105% |
| + Depreciation and write-downs630 | €13,555 | €18,245 | €13,034 | €11,158 | €11,158 | = |
| Operating cash flow (approximation) | -€91,311 | €25,460 | €15,202 | -€54,149 | €14,683 | ▲ 127% |
| Investment in fixed assets (approximation) | - | €15,966 | €0 | €0 | €0 | - |
| Change in cash | - | -€7,030 | €26,590 | -€23,754 | €3,297 | ▲ 114% |
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
2023
11-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-12-2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,525
Net result €3,525 after one loss-making year.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Back to profitnet €7,214
Net result €7,214 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2017
Ground area
6,581 m²
Building footprint
5,789 m²
Volume, LiDAR
92,504 m³
Parcel 21804D0819/00R000, Brussels · tallest building 21.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DBBE
since 20172.270.112.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0819/00R000 | Brussels | 6,581 m² | 1 · 5,789 m² | 21.9 m · 6 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YANNICK ALSTEENS RUE DU PANIER VERT 70,
1400 NIVELLES |
04-12-2023 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.270.112.279
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.