FLODEJ
Open bankruptcyA bankruptcy procedure is open for FLODEJ according to publications in the Belgian State Gazette; curator: BRAM WALSCHAP.
Summary
The file additionally contains 2 judicial reorganisation notices and 1 administrative flag. The 2022 annual accounts show equity of €117,999 and a net result of -€87,988.
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
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 14 November 2024
- Supervising judge
- Paul Lambrecht
- Official Gazette
- 20-11-2024 (pdf) ↗search the document for 2024/144784
Curator
- Bram WalschapZandtiende 23, 8310 02 Brugge (Assebroek)bram@advocaatwalschap.be
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 ↗
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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
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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 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
31 d late
2020
27 d late
2019
160 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 62 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
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 Is the registered address a letterbox address or a business centre?Address check 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
Equity
€117,999▼ 42.7%
2021 · €205,987
Total assets
€597,644▼ 10.3%
2021 · €666,289
Net result
-€87,988
2021 · €65,428
Working capital
-€103,551
2021 · €20,775
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
Operating result€56,241-€39,989▼ 28.9%-€38,746€104,679-€76,425
Net result€4,461-€197,524▲ 4,328%-€75,285€65,428-€87,988
Equity€18,320-€215,844▲ 1,078%€140,559▼ 34.9%€205,987▲ 46.5%€117,999▼ 42.7%
Total assets€1.1m-€1.0m▼ 9.8%€657,940▼ 35.2%€666,289▲ 1.3%€597,644▼ 10.3%
Debt€1.1m-€798,969▼ 27.8%€517,381▼ 35.2%€460,302▼ 11.0%€479,645▲ 4.2%
Working capital-€138,308--€117,918▲ 14.7%-€59,109▲ 49.9%€20,775-€103,551
Staff (FTE)5.9-5.1▼ 13.6%4.4▼ 13.7%6.5▲ 47.7%8.8▲ 35.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2019 Net result +4,328%, Equity +1,078% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €76,425 after €104,679 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €597,644
Fixed assets
€567,497 ▲ 1.4%
Current assets
€30,148 ▼ 71.7%
Equity and liabilities €597,644
Equity
€117,999 ▼ 42.7%
Debt
€479,645 ▲ 4.2%
Debt's share of the balance-sheet total rises from 69.1% to 80.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€51,096▼
2021 · €126,830
Cash flow
-€62,659▼
2021 · €87,579
Current ratio
0.23▼
2021 · 1.24
Quick ratio
0.06▼
2021 · 1.02
Debt to equity
4.06▲
2021 · 2.23
ROE
-74.6%▼
2021 · 31.8%
ROA
-14.7%▼
2021 · 9.8%
Interest coverage
-4.46▼
2021 · 3.11
Debt ≤ 1 year
€133,699▲
2021 · €85,844
Debt > 1 year
€345,946▼
2021 · €374,458
Income taxes
€132▲
2021 · €120
Staff costs
€181,297▲
2021 · €79,063
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €79,063 | €181,297 | ▲ 129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,999 | €29,594 | €21,606 | €22,151 | €25,329 | ▲ 14.3% |
| Other operating charges640/8 | - | - | - | €10,666 | €6,831 | ▼ 36.0% |
| Gross operating margin9900 | €243,081 | €227,783 | €99,700 | €216,559 | €137,032 | ▼ 36.7% |
| Operating profit (loss)9901 | €56,241 | €39,989 | -€38,746 | €104,679 | -€76,425 | ▼ 173% |
| Financial income75/76B | - | - | - | €1,639 | €38 | ▼ 97.7% |
| Recurring financial income75 | €1,250 | €34 | €1,440 | €1,639 | €38 | ▼ 97.7% |
| Financial charges65/66B | - | - | - | €40,770 | €11,469 | ▼ 71.9% |
| Recurring financial charges65 | €52,981 | €33,824 | €37,917 | €40,770 | €11,469 | ▼ 71.9% |
| Profit (loss) for the period before taxes9903 | €4,509 | €199,890 | -€75,223 | €65,547 | -€87,856 | ▼ 234% |
| Income taxes67/77 | €49 | €2,365 | €62 | €120 | €132 | ▲ 10.0% |
| Profit (loss) for the period9904 | €4,461 | €197,524 | -€75,285 | €65,428 | -€87,988 | ▼ 234% |
| Profit (loss) for the period to be appropriated9905 | €4,461 | €3,833 | -€75,285 | €65,428 | -€87,988 | ▼ 234% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €657,940 | €666,289 | €597,644 | ▼ 10.3% |
| Fixed assets21/28 | €984,797 | €955,203 | €573,102 | €559,670 | €567,497 | ▲ 1.4% |
| Tangible fixed assets22/27 | €984,797 | €955,203 | €573,102 | €559,670 | €567,497 | ▲ 1.4% |
| Land and buildings22 | - | - | - | €540,811 | €524,127 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | - | - | €18,255 | €39,730 | ▲ 118% |
| Furniture and vehicles24 | - | - | - | €605 | €1,236 | ▲ 104% |
| Other tangible fixed assets26 | - | - | - | - | €2,403 | - |
| Current assets29/58 | €140,880 | €59,611 | €84,838 | €106,619 | €30,148 | ▼ 71.7% |
| Stocks and contracts in progress3 | €14,852 | €13,587 | €13,587 | €19,023 | €21,877 | ▲ 15.0% |
| Stocks30/36 | - | - | - | €19,023 | €21,877 | ▲ 15.0% |
| Amounts receivable within one year40/41 | €30,048 | €2,240 | €29,709 | €34,717 | €3,370 | ▼ 90.3% |
| Other amounts receivable41 | - | - | - | €34,717 | €3,370 | ▼ 90.3% |
| Cash at bank and in hand54/58 | €95,981 | €42,910 | €38,745 | €52,747 | €3,320 | ▼ 93.7% |
| Deferred charges and accrued income490/1 | - | - | - | €132 | €1,580 | ▲ 1,099% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €657,940 | €666,289 | €597,644 | ▼ 10.3% |
| Equity10/15 | €18,320 | €215,844 | €140,559 | €205,987 | €117,999 | ▼ 42.7% |
| Contributions10/11 | €56,600 | €56,600 | - | €56,600 | €56,600 | = |
| Reserves13 | €2,644 | €196,336 | €196,336 | €196,336 | €196,336 | = |
| Non-distributable reserves130/1 | - | - | - | €2,644 | €2,644 | = |
| Reserves not available under the articles1311 | - | - | - | €2,644 | €2,644 | = |
| Tax-exempt reserves132 | - | - | - | €193,692 | €193,692 | = |
| Profit (loss) carried forward14 | -€40,924 | -€37,092 | -€112,377 | -€46,949 | -€134,937 | ▼ 187% |
| Amounts payable17/49 | €1.1m | €798,969 | €517,381 | €460,302 | €479,645 | ▲ 4.2% |
| Amounts payable after more than one year17 | €828,170 | €621,441 | €373,434 | €374,458 | €345,946 | ▼ 7.6% |
| Financial debts170/4 | - | - | - | €374,458 | €345,946 | ▼ 7.6% |
| Amounts payable within one year42/48 | €279,188 | €177,529 | €143,946 | €85,844 | €133,699 | ▲ 55.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €803 | €0 | ▼ 100% |
| Trade debts44 | €148,206 | €54,386 | €121,386 | €72,845 | €37,294 | ▼ 48.8% |
| Suppliers440/4 | - | - | - | €72,845 | €37,294 | ▼ 48.8% |
| Taxes, remuneration and social security45 | - | - | - | €12,196 | €25,316 | ▲ 108% |
| Taxes450/3 | - | - | - | €5,744 | €5,671 | ▼ 1.3% |
| Remuneration and social security454/9 | - | - | - | €6,453 | €19,645 | ▲ 204% |
| Other amounts payable47/48 | - | - | - | - | €71,088 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,461 | €197,524 | -€75,285 | €65,428 | -€87,988 | ▼ 234% |
| + Depreciation and write-downs630 | €32,999 | €29,594 | €21,606 | €22,151 | €25,329 | ▲ 14.3% |
| Operating cash flow (approximation) | €37,459 | €227,119 | -€53,679 | €87,579 | -€62,659 | ▼ 172% |
| Investment in fixed assets (approximation) | - | €0 | €360,495 | -€8,719 | -€33,156 | ▼ 280% |
| Change in cash | - | -€53,071 | -€4,165 | €14,002 | -€49,427 | ▼ 453% |
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
2025
16-05
KBO administration
Address struck
Zeedijk 137 8370 Die Sitzadresse Zeedijk 137 8370 Blanken-
kenberge · event 18-03-2025
2024
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 14-11-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€87,988
Net result drops to -€87,988, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €65,428
Net result €65,428 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.59 to 1.24; short-term debt falls from €143,946 to €85,844.
31-12
Financial
Equity above €200,000Eq €205,987 ▲46.5%
Equity rises from €140,559 to €205,987.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 160 days late
2019
31-12
Financial
Highest result since 2018net €197,524 ▲4,328%
Net result €197,524, the highest in the series.
31-12
Financial
Equity above €200,000Eq €215,844 ▲1,078%
2 profitable years in a row build equity to €215,844.
Show earlier events
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 84 days late
13-03
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 08-03-2019
2018
28-11
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 23-11-2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 43 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
11-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 11 days late
2014
10-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Blankenberge · 1 establishment unit since 2006
Ground area
989 m²
Building footprint
1,099 m²
Volume, LiDAR
23,117 m³
Parcel 31004A0405/00F003, Flanders · tallest building 34.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Dante
since 20062.152.674.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0405/00F003 | Flanders | 989 m² | 1 · 1,099 m² | 34.3 m · 10 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRAM WALSCHAP ZANDTIENDE 23, 8310 02 BRUGGE
(ASSEBROEK) |
14-11-2024 → present |
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879592733
Also
9925:BE0879592733
Registered
18-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.