Active BE 0801.825.457Private limited companyOpen bankruptcy

HOREXPLOIT

Louizalaan 390 ·1050 Brussel, Belgium· 3 yrs active

Sector: Food & beverage service (56111)

Conclusion Checked

A bankruptcy procedure is open for HOREXPLOIT according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €320 and a net result of €-680.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€320
Net result	€-680
Staff (FTE)	4
Better than sector	41%

Snowflake analysis 5 axes · computed by Checked

13 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 0

Solvency 15

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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 rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 05-02-2025 with the NBB · fiscal year 2023 · volledig

Sector comparison

Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	4.2%	13.2%	better than 41% of 288 sector peers
Net result	€-680	€2k	better than 44% of 289 sector peers
Equity	€320	€17k	better than 36% of 290 sector peers
Gross operating margin	€132k	€134k	better than 50% of 277 sector peers
Staff costs	€133k	€188k	higher than 43% of 239 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	-
EBITDA	-
Net profit	€-680
Cash flow	-
Staff costs	€133k
Income taxes	-
Dividends	-
Total assets	€8k
Equity	€320
Debt	€7k
of which ≤ 1y	€7k
of which > 1y	-
Working capital	€320
Employees (FTE)	4.0

Ratios (computed)

	2023
Current ratio	1.04
Quick ratio	1.04
Working capital ratio	4.2%
Solvency	4.2%
Debt / equity	22.97
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-8.9%
ROE	-212.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Equity & liabilities

Equity €320 · 4.2% Debt €7k · 95.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€8k
Current assets	29/58	€8k
Cash & bank	54/58	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€8k
Equity	10/15	€320
Contributions / capital	10/11	€1k
Accumulated profits (losses)	14	€-680
Amounts payable	17/49	€7k
Amounts payable within one year	42/48	€7k
Trade debts payable within one year	44	€6k
Income statement
Gross operating margin	9900	€132k
Operating result	9901	€-680
Result before taxes	9903	€-680
Net result for the period	9904	€-680
Result to be appropriated	9905	€-680

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3, 1050 FR BRUXELLES 5	04-04-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Food & beverage service(56111)
Legal form	Private limited company(610)
Incorporation	16-05-2023
Status	Active
Postal code	1050
First BS signal	14-04-2025
Latest BS signal	14-04-2025

Company structure, linked entities1 linked entities

Mandates

Establishment units 3 locations

HOREXPLOIT

Predikherenstraat 1-3, 1000 BrusselEetgelegenheden met volledige bediening

since 20232.345.202.256

HOREXPLOIT

Beenhouwersstraat 28, 1000 BrusselEetgelegenheden met volledige bediening

since 20232.345.202.355

HOREXPLOIT

Beenhouwersstraat 31, 1000 BrusselEetgelegenheden met volledige bediening

since 20232.345.202.454

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Brussels 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0218/00E016	Brussels	1,228 m²	1 · 529 m²	24.9 m · 7 fl.
21802B1368/00C000	Brussels	107 m²	1 · 123 m²	16.9 m · 4 fl.
21802B1315/00D000	Brussels	106 m²	1 · 106 m²	17.6 m · 5 fl.
21802B1001/00A003indicative	Brussels	57 m²	-	-

Methodology

via registered seat: 1 · via establishment units: 3

3 of 4 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

14-04-2025

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL HOREXPLOIT AVENUE LOUISE 390, 1050 IXELLES · event 04-04-2025

25-02-2025

State Gazette act Director changes

05-02-2025

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2023

15-12-2023

State Gazette act Director changes

Lifecycle & Insolvency Signals 1 events

14-04-2025

Bankruptcy Opening

Date: 04-04-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL HOREXPLOIT AVENUE LOUISE 390, 1050 IXELLES · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2025

25-02-2025 2 resigning Director changes

Mohamed CHARIF KAMEL, Bestuurder
Mohamed CHARIF KAMEL, Gedelegeerd bestuurder

Original publication ↗

Technical details

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2023

15-12-2023 2 directors appointed, 1 resigning Director changes

Mohamed CHARIF KAMEL, Bestuurder
Mohamed CHARIF KAMEL, Gedelegeerd bestuurder
LABIDI Lotfi, Bestuurder

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Cateringdiensten op contractbasis en overige diensten in verband met maaltijden56220Overige eetgelegenheden56290Andere drinkgelegenheden56309Andere drinkgelegenheden56309

Primary activity highlighted.

Names & trade names

Legal nameFR

HOREXPLOIT

Registered office

Louizalaan 390

1050 Brussel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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