El Fuego Grill
Open bankruptcyA bankruptcy procedure is open for El Fuego Grill according to publications in the Belgian State Gazette; curator: VALèRE VEREECKE. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-77k) and a net result of €4k.
Signals
Four 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€-77k▲ 5.2%
2022 · €-81k
2018: €6k
2019: €-2k
2020: €-10k
2021: €-91k
2022: €-81k
2018 → 2023
Total assets
€68k▲ 84.1%
2022 · €37k
2018: €31k
2019: €28k
2020: €24k
2021: €60k
2022: €37k
2018 → 2023
Net result
€4k▼ 54.3%
2022 · €9k
2018: €-7k
2019: €-8k
2020: €-14k
2021: €-81k
2022: €9k
2018 → 2023
Working capital
€-100k▲ 8.6%
2022 · €-109k
2018: €-5k
2019: €-13k
2020: €-21k
2021: €-114k
2022: €-109k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-2k-€-10k▼ 408%€-91k▼ 818%€-81k▲ 10.3%€-77k▲ 5.2%
Operating result€-8k-€-14k▼ 81.5%€-81k▼ 473%€9k€5k▼ 49.6%
Net result€-8k-€-14k▼ 81.2%€-81k▼ 471%€9k€4k▼ 54.3%
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 2023; 2023 is 50% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €68k
Fixed assets
€23k▼ 18.3%
Current assets
€45k▲ 411%
Key figures and ratios
EBITDA
€10k▼
2022 · €14k
Cash flow
€9k▼
2022 · €14k
Solvency
-113.6%▲
2022 · -220.8%
Current ratio
0.31▲
2022 · 0.07
Quick ratio
0.31▲
2022 · 0.07
Debt / equity
-1.88▼
2022 · -1.45
ROA
6.3%▼
2022 · 25.3%
Interest coverage
19.17▼
2022 · 85.09
Debt
€145k▲
2022 · €118k
Debt ≤ 1 year
€145k▲
2022 · €118k
Staff costs
€105k▲
2022 · €10k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€37k€68k▲
Fixed assets21/28€28k€23k▼
Intangible fixed assets21€700€130▼
Tangible fixed assets22/27€17k€12k▼
Plant, machinery and equipment23€9k€7k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€11k€11k=
Current assets29/58€9k€45k▲
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€2k€2k=
Other amounts receivable41€4k-
Cash at bank and in hand54/58€3k€42k▲
Equity and liabilities
Total equity and liabilities10/49€37k€68k▲
Equity10/15€-81k€-77k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Profit (loss) carried forward14€-100k€-96k▲
Amounts payable17/49€118k€145k▲
Amounts payable within one year42/48€118k€145k▲
Trade debts44€5k€13k▲
Suppliers440/4€5k€13k▲
Taxes, remuneration and social security45€2k€15k▲
Taxes450/3€327€11k▲
Remuneration and social security454/9€1k€4k▲
Other amounts payable47/48€112k€117k▲
Income statement
Code20222023
Remuneration, social security and pensions62€10k€105k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€658▼
Gross operating margin9900€25k€116k▲
Operating profit (loss)9901€9k€5k▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€166€517▲
Recurring financial charges65€166€517▲
Profit (loss) for the period before taxes9903€9k€4k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-100k€-96k▲
Profit (loss) brought forward from the previous period14P€-109k€-100k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · EL FUEGO GRILL BV ABDIJ- STRAAT 22, 2020 ANTWERPEN 2 · event 22-01-2026
2025
24-11
KBO administration
Address struck
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-81k
Net result drops to €-81k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 2018
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
263 m²
Building footprint
97 m²
Volume, LiDAR
584 m³
Parcel 11809I2444/00W005, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BURGER PARADISE
since 20182.275.950.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2444/00W005 | Flanders | 263 m² | 1 · 97 m² | 7.6 m · 2 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 | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
22-01-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.275.950.689
Similar companies · same sector, comparable size
Frituur Grillhousje Nr 1
BE 0743.497.377
Antwerpen · Eq €6k
TO MEROS
BE 0798.778.370
Chapelle-lez-Herlaimont · Eq €6k
GOKS
BE 0891.911.436
Etterbeek · Eq €6k
PIZZA CUT
BE 1028.009.067
Ganshoren · Eq €6k
BAIG'S & CO
BE 0791.554.345
Dinant · Eq €6k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 5,621 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2018
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.