LUNCH GARDEN
BankruptcySummary
The KBO register records for LUNCH GARDEN the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-43.72M) and a net result of €-7.42M.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
1 d early
2022
41 d early
2021
54 d early
2020
65 d early
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€91.71M▲ 17.0%
2022 · €78.39M
2018: €100.16M
2019: €103.33M
2020: €37.60M
2021: €42.11M
2022: €78.39M
2018 → 2023
EBIT margin
-12.3%▼ 8.2pp
2022 · -4.1%
2018: 5.8%
2019: 7.7%
2020: -60.1%
2021: -25.9%
2022: -4.1%
2018 → 2023
Net result
€-7.42M▼ 19.0%
2022 · €-6.23M
2018: €3.72M
2019: €5.02M
2020: €-24.49M
2021: €-13.00M
2022: €-6.23M
2018 → 2023
Working capital
€-18.65M▼ 85.0%
2022 · €-10.08M
2018: €1.72M
2019: €5.36M
2020: €-8.93M
2021: €-10.27M
2022: €-10.08M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€103.33M-€37.60M▼ 63.6%€42.11M▲ 12.0%€78.39M▲ 86.2%€91.71M▲ 17.0%
Equity€7.42M-€-17.07M€-30.07M▼ 76.2%€-36.30M▼ 20.7%€-43.72M▼ 20.4%
Operating result€8.00M-€-22.58M€-10.89M▲ 51.8%€-3.19M▲ 70.7%€-11.27M▼ 254%
Net result€5.02M-€-24.49M€-13.00M▲ 46.9%€-6.23M▲ 52.1%€-7.42M▼ 19.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11.27M in 2023 against €3.19M in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €34.60M
Fixed assets
€20.80M ▼ 0.4%
Current assets
€13.80M ▼ 31.5%
Key figures and ratios
EBITDA
€-7.29M▼
2022 · €980k
Cash flow
€-3.44M▼
2022 · €-2.07M
Solvency
-126.4%▼
2022 · -88.5%
Current ratio
0.43▼
2022 · 0.67
Quick ratio
0.39▼
2022 · 0.63
Debt to equity
-1.74▲
2022 · -2.04
ROA
-21.4%▼
2022 · -15.2%
Interest coverage
-10193.22▼
2022 · 0.37
Debt
€76.12M▲
2022 · €74.17M
Debt ≤ 1 year
€32.45M▲
2022 · €30.23M
Debt > 1 year
€39.56M▲
2022 · €36.91M
Income taxes
€15k▲
2022 · €15k
Staff costs
€35.83M▲
2022 · €30.90M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 89 lines
Balance sheet
Code20222023
Assets
Total assets20/58€41.03M€34.60M▼
Fixed assets21/28€20.87M€20.80M▼
Intangible fixed assets21€605k€726k▲
Tangible fixed assets22/27€10.21M€9.93M▼
Plant, machinery and equipment23€553k€983k▲
Furniture and vehicles24€2.55M€3.23M▲
Other tangible fixed assets26€7.11M€5.72M▼
Assets under construction and advance payments27€0€0=
Financial fixed assets28€10.05M€10.14M▲
Affiliated companies280/1€10.03M€10.03M=
Amounts receivable281€10.03M€10.03M=
Other financial fixed assets284/8€29k€113k▲
Amounts receivable and cash guarantees285/8€29k€113k▲
Current assets29/58€20.15M€13.80M▼
Stocks and contracts in progress3€974k€1.08M▲
Stocks30/36€974k€1.08M▲
Raw materials and consumables30/31€974k€1.08M▲
Amounts receivable within one year40/41€12.20M€5.33M▼
Trade receivables40€4.73M€5.33M▲
Other amounts receivable41€7.47M€8k▼
Current investments50/53€12k€12k▲
Other investments51/53€12k€12k▲
Cash at bank and in hand54/58€2.58M€2.63M▲
Deferred charges and accrued income490/1€4.38M€4.74M▲
Equity and liabilities
Total equity and liabilities10/49€41.03M€34.60M▼
Equity10/15€-36.30M€-43.72M▼
Contributions10/11€20.45M€20.45M=
Capital10€20.45M€20.45M=
Issued capital100€20.45M€20.45M=
Reserves13€1.38M€789k▼
Non-distributable reserves130/1€39k€39k=
Legal reserve130€39k€39k=
Tax-exempt reserves132€587k€0▼
Distributable reserves133€750k€750k=
Profit (loss) carried forward14€-58.14M€-64.96M▼
Provisions and deferred taxes16€3.16M€2.20M▼
Provisions for liabilities and charges160/5€3.16M€2.20M▼
Pensions and similar obligations160€2.00M€1.34M▼
Other liabilities and charges164/5€1.16M€867k▼
Amounts payable17/49€74.17M€76.12M▲
Amounts payable after more than one year17€36.91M€39.56M▲
Financial debts170/4€36.91M€39.56M▲
Leasing and similar obligations172-€46k
Other loans174€36.91M€39.51M▲
Amounts payable within one year42/48€30.23M€32.45M▲
Current portion of amounts payable after more than one year42-€37k
Trade debts44€10.82M€12.68M▲
Suppliers440/4€10.82M€12.68M▲
Taxes, remuneration and social security45€19.36M€19.70M▲
Taxes450/3€5.96M€4.62M▼
Remuneration and social security454/9€13.40M€15.08M▲
Other amounts payable47/48€48k€36k▼
Accrued charges and deferred income492/3€7.02M€4.11M▼
Income statement
Code20222023
Operating income70/76A€85.19M€99.57M▲
Turnover70€78.39M€91.71M▲
Other operating income74€6.34M€7.86M▲
Non-recurring operating income76A€452k€5▼
Operating charges60/66A€88.37M€110.85M▲
Goods for resale, raw materials and consumables60€21.06M€24.35M▲
Purchases600/8€21.34M€24.46M▲
Change in stocks: decrease (increase)609€-278k€-110k▲
Services and other goods61€32.08M€38.89M▲
Remuneration, social security and pensions62€30.90M€35.83M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.17M€3.98M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8.38M
Provisions for liabilities and charges: additions (uses and reversals)635/8€80k€-644k▼
Other operating charges640/8€258k€214k▼
Non-recurring operating charges66A€-178k€-158k▲
Operating profit (loss)9901€-3.19M€-11.27M▼
Financial income75/76B€328k€4.69M▲
Recurring financial income75€328k€328k=
Income from financial fixed assets750€328k€328k=
Income from current assets751€0€43▲
Other financial income752/9€20€2▼
Non-recurring financial income76B-€4.36M
Financial charges65/66B€3.36M€819k▼
Recurring financial charges65€3.36M€819k▼
Debt charges650€2.64M€715▼
Other financial charges652/9€721k€818k▲
Profit (loss) for the period before taxes9903€-6.22M€-7.40M▼
Income taxes67/77€15k€15k▲
Taxes670/3€15k€15k▲
Tax adjustments and reversals of tax provisions77€283€0▼
Profit (loss) for the period9904€-6.23M€-7.42M▼
Transfer from tax-exempt reserves789-€587k
Profit (loss) for the period to be appropriated9905€-6.23M€-6.83M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-58.14M€-64.96M▼
Profit (loss) brought forward from the previous period14P€-51.90M€-58.14M▼
Social balance
Average headcount (FTE)9087738.6740.2▲
The notes to these accounts (88 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-24.49M
Net result drops to €-24.49M, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €5.02M ▲35.1%
Operating result €8.00M, net result €5.02M, both a record.
31-12
Financial
Equity above €5MEq €7.42M ▲210%
2 profitable years in a row build equity to €7.42M.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 28 acts read
About the unread acts
We know of 28 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
28 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, Evere · 41 establishment units since 1992
Ground area
148 ha
Building footprint
35.1 ha
Volume, LiDAR
2,221,656 m³
40 parcels, Brussels, Flanders, Wallonia · tallest building 35.5 m, ±10 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
41 establishment units
Lunch garden
since 19922.058.477.976
Lunch garden
since 19922.058.478.273
Lunch garden
since 19922.058.477.679
Lunch garden
since 19922.058.478.174
lunch garden
since 20042.136.893.568
lunch garden
since 20042.136.893.667
Show 35 more locations
lunch garden
since 20042.136.893.964
Lunch garden
since 20042.136.894.162
Lunch garden
since 20042.136.899.310
Lunch garden
since 20042.136.894.459
Lunch garden
since 20042.136.894.855
Lunch garden
since 20042.136.895.647
Lunch garden
since 20042.136.898.320
Lunch garden
since 20042.136.912.968
Lunch garden
since 20042.136.898.914
Lunch garden
since 20042.136.892.083
Lunch garden
since 20042.136.892.479
Lunch garden
since 20042.136.910.097
Lunch garden
since 20042.136.904.456
Lunch garden
since 20042.136.904.753
Lunch garden
since 20042.136.905.149
Lunch garden
since 20042.136.905.743
Lunch garden
since 20042.136.908.020
Lunch garden
since 20042.136.908.614
Lunch garden
since 20042.136.908.812
Lunch garden
since 20042.136.909.604
Lunch garden
since 20042.136.909.703
Lunch garden
since 20042.136.910.493
Lunch garden
since 20042.136.910.790
Lunch garden
since 20042.136.911.681
Lunch garden
since 20042.136.912.671
Lunch garden
since 20042.136.913.760
Lunch garden
since 20042.136.914.552
Lunch garden
since 20042.136.914.750
LUNCH GARDEN
since 20082.174.021.606
Lunch Garden
since 20112.200.556.054
Lunch Garden
since 20112.200.557.638
Lunch Garden
since 20132.222.813.792
Lambertini
since 20182.271.715.551
Lunch Garden Sint Maarten
since 20182.275.236.849
Lunch Garden
since 20232.343.657.283
40 parcels
Flanders
20
(50%)
Wallonia
17
(42.5%)
Brussels
3
(7.5%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005C0195/00L000 | Flanders | 11.8 ha | 1 · 2.3 ha | 30.2 m · 2 fl. |
| 12402E0270/00A002 | Flanders | 11.4 ha | 1 · 2.4 ha | 18.4 m |
| 31808K0350/00M000 | Flanders | 11.3 ha | 1 · 1,019 m² | 10.8 m · 3 fl. |
| 11443B0494/00T000 | Flanders | 11.2 ha | 1 · 1.7 ha | 12.6 m · 2 fl. |
| 71483D0002/00E002 | Flanders | 7.5 ha | 1 · 1.9 ha | - |
| 57031C0020/00P002 | Wallonia | 7.0 ha | 1 · 1.9 ha | 11.0 m · 2 fl. |
| 62038A0363/00K000 | Wallonia | 6.7 ha | 1 · 800 m² | 6.3 m · 2 fl. |
| 44061B0054/00E000 | Flanders | 6.6 ha | 1 · 1.7 ha | - |
| 52028C0068/00Y000 | Wallonia | 6.5 ha | 1 · 1,074 m² | 6.8 m · 2 fl. |
| 57462B0160/00Y003 | Wallonia | 6.2 ha | 1 · 3.8 ha | 15.8 m · 3 fl. |
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
| 13452N0445/00G000 | Flanders | 5.6 ha | 1 · 1.4 ha | 13.5 m · 2 fl. |
| 21332B0438/00B002 | Brussels | 5.5 ha | 1 · 2.1 ha | 21.4 m · 2 fl. |
| 25783E0349/00A002 | Wallonia | 5.3 ha | 1 · 1,164 m² | 27.9 m · 8 fl. |
| 34352B0962/00W000 | Flanders | 4.9 ha | 1 · 1.5 ha | - |
| 24120E0133/00G000 | Flanders | 4.9 ha | 1 · 800 m² | 6.0 m · 2 fl. |
| 25006D0173/00H000 | Wallonia | 4.5 ha | 1 · 1.4 ha | - |
| 24053B0149/00C002 | Flanders | 4.4 ha | 1 · 1.6 ha | 13.9 m · 2 fl. |
| 44062B0087/00V000 | Flanders | 4.2 ha | 1 · 1.5 ha | 14.8 m · 2 fl. |
| 22002B0010/00C000 | Flanders | 4.0 ha | 1 · 1.4 ha | 12.6 m · 2 fl. |
| 12403E0651/00C000 | Flanders | 3.5 ha | 1 · 567 m² | 6.1 m |
| 41362B1780/00P000 | Flanders | 2.1 ha | 1 · 9,946 m² | - |
| 62332B0069/03_000 | Wallonia | 2.0 ha | 1 · 9 m² | 12.3 m · 3 fl. |
| 21802B0581/00F000 | Brussels | 1.2 ha | 1 · 1.2 ha | 30.0 m · 8 fl. |
| 11463D0135/00H000 | Flanders | 7,521 m² | 1 · 1,367 m² | 15.6 m · 1 fl. |
| 52048C0261/00T000 | Wallonia | 5,315 m² | - | - |
| 12393F0187/00F000 | Flanders | 4,244 m² | 1 · 41 m² | 3.3 m · 1 fl. |
| 21372D0039/00K000 | Brussels | 3,470 m² | 1 · 1,705 m² | 35.5 m · 10 fl. |
| 25764P0135/00_000indicative | Wallonia | 2,833 m² | - | - |
| 83034B0253/00Y003 | Wallonia | 2,591 m² | 1 · 814 m² | - |
| 62087B0259/00M002 | Wallonia | 2,262 m² | 1 · 2,158 m² | 13.3 m · 4 fl. |
| 92067B0166/00_000 | Wallonia | 1,838 m² | 1 · 40 m² | - |
| 62312B0441/00C000indicative | Wallonia | 1,779 m² | 1 · 346 m² | 9.0 m · 3 fl. |
| 22001B0043/00M002 | Flanders | 1,350 m² | 1 · 820 m² | 8.2 m · 2 fl. |
| 53043A0400/00V000 | Wallonia | 1,238 m² | 1 · 558 m² | 7.0 m · 1 fl. |
| 81015D0120/00W002 | Wallonia | 1,183 m² | 1 · 197 m² | 5.9 m · 1 fl. |
| 31433D0117/00M000 | Flanders | 1,150 m² | 1 · 127 m² | 8.4 m · 2 fl. |
| 53402A0189/00E007 | Wallonia | 985 m² | 1 · 607 m² | 6.1 m · 2 fl. |
| 56033A0113/00R003 | Wallonia | 677 m² | 1 · 478 m² | 7.3 m · 2 fl. |
| 13029E0156/00Y002 | Flanders | 132 m² | 1 · 726 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 39
38 of 40 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 6,970 EUR awarded · 6,527 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 443 EUR | 0 EUR |
| 2024 | 1 | 618 EUR | 618 EUR |
| 2022 | 1 | 5,909 EUR | 5,909 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300PRC5S8VHIVL789
Similar companies · same sector, comparable size
HADIMA
BE 0434.530.306
Hasselt · Eq €7.54M
SABAI SABAI
BE 0478.299.872
Vorst · Eq €7.04M
LES AUBERGES DE JEUNESSE
BE 0406.568.273
Brussel · Eq €7.02M
CENTURY
BE 0432.276.243
Hasselt · Eq €7.91M
Centre d'Enseignement catholique Robert et Laure Brunner
BE 0412.732.228
Schaarbeek · Eq €6.96M
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded26-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.