LES PAPILLES HOT
InactiveLES PAPILLES HOT was declared bankrupt on 30-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 03-06-2025, published in the Belgian State Gazette on 12-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2021
6 d early
2020
3 d late
2019
52 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
€247k
EBIT margin
-22.0%
Net result
€-55k
2021 · €10k
2018: €25k
2019: €-5k
2020: €489
2021: €10k
2018 → 2022
Working capital
€-28k
2021 · €47k
2018: €53k
2019: €51k
2020: €54k
2021: €47k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€247k
Equity€58k-€52k▼ 9.0%€53k▲ 0.9%€48k▼ 9.8%€-7k
Operating result€27k-€-5k€1k€10k▲ 865%€-54k
Net result€25k-€-5k€489€10k▲ 1,902%€-55k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €54k after €10k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €68k
Fixed assets
€22k▲ 785%
Current assets
€46k▼ 37.0%
Key figures and ratios
EBITDA
€-52k▼
2021 · €10k
Cash flow
€-53k▼
2021 · €10k
Solvency
-11.0%▼
2021 · 63.5%
Current ratio
0.62▼
2021 · 2.79
Quick ratio
0.62▼
2021 · 2.79
Debt / equity
-10.10▼
2021 · 0.57
ROA
-81.7%▼
2021 · 13.0%
Interest coverage
-29.78▼
2021 · 7.31
Debt
€75k▲
2021 · €27k
Debt ≤ 1 year
€74k▲
2021 · €26k
Income taxes
€426▼
2021 · €503
Staff costs
€79k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€75k€68k▼
Fixed assets21/28€2k€22k▲
Tangible fixed assets22/27€2k€22k▲
Plant, machinery and equipment23€1k-
Furniture and vehicles24€1k€22k▲
Other tangible fixed assets26€263-
Financial fixed assets28-€220
Current assets29/58€73k€46k▼
Amounts receivable within one year40/41€48k€44k▼
Trade receivables40€5k€36k▲
Other amounts receivable41€43k€8k▼
Cash at bank and in hand54/58€23k€1k▼
Deferred charges and accrued income490/1€3k€774▼
Equity and liabilities
Total equity and liabilities10/49€75k€68k▼
Equity10/15€48k€-7k▼
Contributions10/11€17k€17k=
Capital10€17k-
Issued capital100€50k-
Uncalled capital101€32k-
Outside capital11-€17k
Other1109/19-€17k
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k▲
Legal reserve130€2k€2k▲
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€19k€-37k▼
Amounts payable17/49€27k€75k▲
Amounts payable within one year42/48€26k€74k▲
Trade debts44€186€41k▲
Suppliers440/4€186€41k▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€5k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48€15k€21k▲
Accrued charges and deferred income492/3€1k€999▼
Income statement
Code20212022
Turnover70-€247k
Goods, raw materials, services and sundry goods60/61-€218k
Remuneration, social security and pensions62-€79k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€572€2k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€12k€30k▲
Operating profit (loss)9901€10k€-54k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€10k€-55k▼
Income taxes67/77€503€426▼
Profit (loss) for the period9904€10k€-55k▼
Profit (loss) for the period to be appropriated9905€10k€-55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-37k▼
Profit (loss) brought forward from the previous period14P€24k€19k▼
Profit to be distributed694/7€15k-
Directors or managers695€15k-
Social balance
Average headcount (FTE)9087-1.6
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
2025
12-06
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · LES PAPILLES HOT SRL AVENUE DE BEERSEL 80, 1180 UCCLE. déclarée le 30 octobre 2023 · event 03-06-2025
2023
07-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · LES PAPILLES HOT SRL AVENUE DE BEERSEL 80, 1180 UCCLE · event 30-10-2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-55k ▼664%
Net result drops to €-55k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 3 days late
2020
31-12
Financial
Back to profitnet €489
Net result €489 after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 24.10
Current ratio from 3.50 to 24.10; short-term debt falls from €20k to €2k.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 12 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTHONY BOCHON AVENUE LOUISE 522 BOITE 1,
1050 IXELLES |
30-10-2023 → present |