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BE 0824.108.337Private limited company (pre-2019)Open bankruptcy
FRABANJA
Zeedijk-Heist 160 ·8301 Knokke-Heist, Belgium· 16 yrs active
Sector: Cafés
(56301)
Conclusion
A bankruptcy procedure is open for FRABANJA according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €161k and a net result of €88k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €161k |
| Net result | €88k |
| Staff (FTE) | 5.9 |
| Better than sector | 80% |
Snowflake analysis
56
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
31
Profitability
100
Solvency
73
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
31
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 28-10-2022 with the NBB · fiscal year 2022 · verkort
Sector comparison
Fiscal year 2022 · NACE 56 — Food & beverage service · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.3% | 10.4% | |
| Net result | €88k | €2k | |
| Equity | €161k | €19k | |
| Gross operating margin | €380k | €199k | |
| Staff costs | €243k | €170k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€137k
+62.4%
21–22
€88k
+3308.5%
21–22
€134k
+186.3%
21–22
€497k
+26.4%
21–22
€161k
+122.7%
21–22
€156k
+40.9%
21–22
6
+31.1%
21–22
€243k
—
21–22
€336k
+4.8%
21–22
€112k
+101.1%
21–22
€225k
-15.4%
21–22
2.40
-19.9%
21–22
2.32
-19.4%
21–22
32.3%
+76.2%
21–22
2.09
-43.1%
21–22
55.1%
+1430.3%
21–22
17.8%
+2596.8%
21–22
17.23
—
21–22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €137k |
| Net profit | €88k |
| Cash flow | €134k |
| Staff costs | €243k |
| Income taxes | — |
| Dividends | — |
| Total assets | €497k |
| Equity | €161k |
| Debt | €336k |
| of which ≤ 1y | €112k |
| of which > 1y | €225k |
| Working capital | €156k |
| Employees (FTE) | 5.9 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 2.40 |
| Quick ratio | 2.32 |
| Working capital ratio | 31.4% |
| Solvency | 32.3% |
| Debt / equity | 2.09 |
| Long-term debt ratio | 1.40 |
| Interest coverage | 17.23 |
| Gross margin | — |
| Net margin | — |
| ROA | 17.8% |
| ROE | 55.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €497k |
| Fixed assets | 21/28 | €229k |
| Tangible fixed assets | 22/27 | €229k |
| Current assets | 29/58 | €268k |
| Stocks & contracts in progress | 3 | €9k |
| Amounts receivable within one year | 40/41 | €51k |
| Investments | 50/53 | €35k |
| Cash & bank | 54/58 | €166k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €497k |
| Equity | 10/15 | €161k |
| Contributions / capital | 10/11 | €45k |
| Reserves | 13 | €105k |
| Accumulated profits (losses) | 14 | €11k |
| Amounts payable | 17/49 | €336k |
| Amounts payable after one year | 17 | €225k |
| Amounts payable within one year | 42/48 | €112k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Gross operating margin | 9900 | €380k |
| Operating result | 9901 | €91k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €88k |
| Net result for the period | 9904 | €88k |
| Result to be appropriated | 9905 | €88k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FRANCIS VOLCKAERT Elisabethlaan 25/1 25,
8400 OOSTENDE |
21-09-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Cafés(56301) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-03-2010 |
| Status | Active |
| Postal code | 8301 |
| First BS signal | 27-09-2023 |
| Latest BS signal | 27-09-2023 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
PAOLA
since 20102.186.177.090
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0094/00_000indicative | Flanders | 326 m² | 1 · 407 m² | 28.2 m · 7 fl. |
Methodology
via registered seat: 1
0 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
27-09-2023
Bankruptcy
Opening
2022
28-10-2022
NBB filing
Annual accounts filed
2021
15-10-2021
NBB filing
Annual accounts filed
2020
23-10-2020
NBB filing
Annual accounts filed
2019
23-09-2019
NBB filing
Annual accounts filed
2018
15-10-2018
NBB filing
Annual accounts filed
2017
21-09-2017
NBB filing
Annual accounts filed
2016
29-09-2016
NBB filing
Annual accounts filed
2015
21-09-2015
NBB filing
Annual accounts filed
2014
23-09-2014
NBB filing
Annual accounts filed
2013
23-10-2013
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
27-09-2023
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Cafés en bars56301Cafés en bars56301Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameNL | FRABANJA |
Registered office
Zeedijk-Heist 160
8301 Knokke-Heist, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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