DE KRATER
Open bankruptcySummary
A bankruptcy procedure is open for DE KRATER according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-58k) and a net result of €-65k.
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 30-09-2019 was due by 30-04-2020 and was filed on 23-07-2020, 84 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 · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Turnover
€425k▼ 51.4%
2018 · €875k
2018: €875k
2018 → 2019
EBIT margin
-14.3%▼ 9.1pp
2018 · -5.2%
2018: -5.2%
2018 → 2019
Net result
€-65k▼ 92.4%
2018 · €-34k
2018: €-34k
2018 → 2019
Working capital
€-25k▲ 6.2%
2018 · €-26k
2018: €-26k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€875k-€425k▼ 51.4%
Equity€8k-€-58k
Operating result€-46k-€-61k▼ 33.2%
Net result€-34k-€-65k▼ 92.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €61k in 2019 against €46k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €69k
Fixed assets
€27k ▼ 19.9%
Current assets
€42k ▼ 61.9%
Key figures and ratios
EBITDA
€-48k▼
2018 · €-32k
Cash flow
€-52k▼
2018 · €-21k
Solvency
-83.9%▼
2018 · 5.3%
Current ratio
0.63▼
2018 · 0.81
Quick ratio
0.53▼
2018 · 0.75
Debt to equity
-1.04
ROA
-95.0%▼
2018 · -23.7%
Debt
€127k▼
2018 · €136k
Debt ≤ 1 year
€66k▼
2018 · €136k
Debt > 1 year
€60k
Income taxes
€10k▲
2018 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 27 lines
Balance sheet
Code20182019
Assets
Total assets20/58€143k€69k▼
Fixed assets21/28€34k€27k▼
Tangible fixed assets22/27€31k€21k▼
Financial fixed assets28€3k€6k▲
Current assets29/58€110k€42k▼
Stocks and contracts in progress3€8k€7k▼
Amounts receivable within one year40/41€58k€28k▼
Cash at bank and in hand54/58€44k€7k▼
Equity and liabilities
Total equity and liabilities10/49€143k€69k▼
Equity10/15€8k€-58k▼
Contributions10/11€25k€25k=
Reserves13€13k€13k=
Profit (loss) carried forward14€-30k€-95k▼
Amounts payable17/49€136k€127k▼
Amounts payable after more than one year17-€60k
Amounts payable within one year42/48€136k€66k▼
Trade debts44€86k€41k▼
Income statement
Code20182019
Turnover70€875k€425k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Gross operating margin9900€326k€107k▼
Operating profit (loss)9901€-46k€-61k▼
Recurring financial income75€30k€13k▼
Recurring financial charges65€8k€16k▲
Profit (loss) for the period before taxes9903€-27k€-55k▼
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€-34k€-65k▼
Profit (loss) for the period to be appropriated9905€-44k€-65k▼
Timeline · acts, filings and financial milestones
2021
09-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · DE KRATER BV WEG NAAR AS 10/31, 3600 GENK · event 05-07-2021
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
17-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
17-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 109 days late
SignalNBB filing
Directors · office · real estate
Directors
7 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
1 establishment unit since 2010
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.
Ground area
1,419 m²
Building footprint
917 m²
Volume, LiDAR
13,652 m³
2 parcels, Flanders · tallest building 27.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
DE KRATER
since 20102.188.209.538
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303C0819/00K003 | Flanders | 848 m² | 1 · 407 m² | 8.8 m · 3 fl. |
| 71016I1410/00N047 | Flanders | 570 m² | 1 · 510 m² | 27.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | PHILIPPE NOELMANS MOERENSTRAAT 33,
3700 TONGEREN |
05-07-2021 → present |
| Curator | CECILE NOEL-
MANS MOERENSTRAAT 33, 3700 TONGEREN- |
05-07-2021 → present |
| Curator | CATHERINE NOELMANS MOEREN-
STRAAT 33, 3700 TONGEREN |
05-07-2021 → present |
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 6,256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-04-2010
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.