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DE PLAATS

Open bankruptcy
Private limited company (pre-2019)founded 1995Wapenmakersstraat 5, 8000 Brugge, BelgiumKBO/BCE: BE 0454.238.528

A bankruptcy procedure is open for DE PLAATS according to publications in the Belgian State Gazette; curator: SABINE DE WISPELAERE. The 2021 annual accounts show negative equity (€-71k) and a net result of €-14k.

Signals

Three signals.
+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 · 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
€-71k▼ 24.0%
2020 · €-57k
2018: €-38k 2019: €-33k 2020: €-57k
2018 → 2021
Total assets
€85k▼ 15.3%
2020 · €100k
2018: €149k 2019: €126k 2020: €100k
2018 → 2021
Net result
€-14k▲ 44.0%
2020 · €-24k
2018: €-9k 2019: €5k 2020: €-24k
2018 → 2021
Working capital
€-135k▼ 2.7%
2020 · €-132k
2018: €-134k 2019: €-124k 2020: €-132k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-38k-€-33k▲ 13.2%€-57k▼ 74.9%€-71k▼ 24.0%
Operating result€-9k-€8k€-22k€-12k▲ 46.5%
Net result€-9k-€5k€-24k€-14k▲ 44.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2018: €-9k€-9kNet result 2018: €-9k€-9kOperating result 2019: €8k€8kNet result 2019: €5k€5kOperating result 2020: €-22k€-22kNet result 2020: €-24k€-24kOperating result 2021: €-12k€-12kNet result 2021: €-14k€-14k2018201920202021
The operating result stays negative: a loss of €12k in 2021 against €22k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €85k
Fixed assets €79k▼ 13.8%
Current assets €6k▼ 31.6%
Key figures and ratios
2021 value · change against 2020
EBITDA
€4k
2020 · €-3k
Cash flow
€3k
2020 · €-6k
Solvency
-83.4%
2020 · -57.0%
Current ratio
0.04
2020 · 0.06
Quick ratio
0.04
2020 · 0.06
Debt / equity
-2.20
2020 · -0.30
ROA
-16.1%
2020 · -24.4%
Interest coverage
2.49
Debt
€155k
2020 · €157k
Debt ≤ 1 year
€141k
2020 · €140k
Debt > 1 year
€15k
2020 · €17k
Income taxes
€165
2020 · €115
Staff costs
€11k
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
Balance sheet Code20202021
Assets
Total assets20/58€100k€85k
Fixed assets21/28€92k€79k
Intangible fixed assets21€70k€60k
Tangible fixed assets22/27€22k€19k
Land and buildings22-€9k
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€2k
Leasing and similar rights25-€2k
Current assets29/58€8k€6k
Amounts receivable within one year40/41€2k€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€6k€4k
Equity and liabilities
Total equity and liabilities10/49€100k€85k
Equity10/15€-57k€-71k
Contributions10/11-€14k
Reserves13€4k€4k=
Tax-exempt reserves132-€4k
Profit (loss) carried forward14€-75k€-89k
Amounts payable17/49€157k€155k
Amounts payable after more than one year17€17k€15k
Financial debts170/4-€15k
Amounts payable within one year42/48€140k€141k
Current portion of amounts payable after more than one year42-€4k
Trade debts44€5k€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Remuneration and social security454/9-€317
Other amounts payable47/48-€130k
Income statement Code20202021
Remuneration, social security and pensions62-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€16k
Other operating charges640/8-€2k
Gross operating margin9900€9k€17k
Operating profit (loss)9901€-22k€-12k
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-24k€-14k
Income taxes67/77€115€165
Profit (loss) for the period9904€-24k€-14k
Profit (loss) for the period to be appropriated9905€-24k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906-€-89k
Profit (loss) brought forward from the previous period14P-€-75k

The notes to these accounts (10 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
09-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · DE PLAATS BV WAPENMA- KERSSTRAAT 5, 8000 BRUGGE · event 02-05-2023
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial Weakest financial yearnet €-24k ▼593%
Net result drops to €-24k, the lowest in the series.
11-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
2019
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
29-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 121 days late
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
31-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 31 days late
2012
31-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
2011
30-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Brugge · 1 establishment unit since 1995
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.

Wapenmakersstraat 58000 Brugge
Ground area
118 m²
Building footprint
123 m²
Volume, LiDAR
1,064 m³
Parcel 31005A0867/00G000, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE PLAATS
Wapenmakersstraat 5, 8000 BruggeNACE 7440101
since 19952.070.100.655
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31005A0867/00G000 Flanders 118 m² 1 · 122 m² 13.5 m · 3 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 SABINE DE WISPELAERE
ZEEPZIEDERIJSTRAAT 8, 8200 BRUGGE
02-05-2023 → present

Similar companies · same sector, comparable size

Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 5,654 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-1995
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
74401
73110Advertising agencies
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.