LUNCH GARDEN
The KBO register records legal situation 050 for LUNCH GARDEN (Register: 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.
| Equity | €-43.72M |
| Net result | €-7.42M |
| Staff (FTE) | 740.2 |
| Better than sector | 9% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -126.4% | 13.1% | |
| Net result | €-7.42M | €1k | |
| Equity | €-43.72M | €15k | |
| Staff costs | €35.83M | €172k | |
| Employees (FTE) | 740.2 | 7.2 |
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €91.71M |
| EBITDA | €-7.29M |
| Net profit | €-7.42M |
| Cash flow | €-3.44M |
| Staff costs | €35.83M |
| Income taxes | €15k |
| Dividends | - |
| Total assets | €34.60M |
| Equity | €-43.72M |
| Debt | €76.12M |
| of which ≤ 1y | €32.45M |
| of which > 1y | €39.56M |
| Working capital | €-18.65M |
| Employees (FTE) | 740.2 |
| 2023 | |
|---|---|
| Current ratio | 0.43 |
| Quick ratio | 0.39 |
| Working capital ratio | -53.9% |
| Solvency | -126.4% |
| Debt / equity | -1.74 |
| Long-term debt ratio | -0.90 |
| Interest coverage | -10193.22 |
| Gross margin | 73.4% |
| Net margin | -8.1% |
| ROA | -21.4% |
| ROE | 17.0% |
| EBITDA margin | -8.0% |
| Days sales outstanding | 21d |
| Days payable outstanding | 190d |
| Inventory turnover | 22.47 |
| Days inventory (DSI) | 16d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €34.60M |
| Fixed assets | 21/28 | €20.80M |
| Intangible fixed assets | 21 | €726k |
| Tangible fixed assets | 22/27 | €9.93M |
| Financial fixed assets | 28 | €10.14M |
| Current assets | 29/58 | €13.80M |
| Stocks & contracts in progress | 3 | €1.08M |
| Amounts receivable within one year | 40/41 | €5.33M |
| Investments | 50/53 | €12k |
| Cash & bank | 54/58 | €2.63M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34.60M |
| Equity | 10/15 | €-43.72M |
| Contributions / capital | 10/11 | €20.45M |
| Reserves | 13 | €789k |
| Accumulated profits (losses) | 14 | €-64.96M |
| Provisions & deferred taxes | 16 | €2.20M |
| Amounts payable | 17/49 | €76.12M |
| Amounts payable after one year | 17 | €39.56M |
| Amounts payable within one year | 42/48 | €32.45M |
| Trade debts payable within one year | 44 | €12.68M |
| Income statement | ||
| Turnover | 70 | €91.71M |
| Operating result | 9901 | €-11.27M |
| Financial income | 75 | €328k |
| Financial charges | 65 | €819k |
| Result before taxes | 9903 | €-7.40M |
| Income taxes | 67/77 | €15k |
| Net result for the period | 9904 | €-7.42M |
| Result to be appropriated | 9905 | €-6.83M |
-
Caroline Breuer BVLegal entityManagerState Gazette act 24119852 (09-08-2024)Current09-08-2024 → present
-
Lunch Garden Holding NVLegal entityManagerState Gazette act 24119852 (09-08-2024)Current09-08-2024 → present
-
Stephan Brouwers BVLegal entityGedelegeerd zaakvoerderState Gazette act 24119852 (09-08-2024)Current09-08-2024 → present
-
Caroline WildemeerschLasthebberState Gazette act 22101751 (24-08-2022)Current24-08-2022 → present
-
Karen De ClercqLasthebberState Gazette act 22101751 (24-08-2022)Current24-08-2022 → present
-
Michiel PieraertsLasthebberState Gazette act 22101751 (24-08-2022)Current24-08-2022 → present
-
Imo HolslagDirectorState Gazette act 21016228 (05-02-2021)Current05-02-2021 → present
-
Stephan BrouwersDirectorState Gazette act 21016228 (05-02-2021)Current05-02-2021 → present
Historic, not recently confirmed (6)
-
B4G Business for Growth BVLegal entityManagerState Gazette act 20072336 (26-06-2020)Not recently confirmedlast confirmed in an act from 2020
2 events
- 26-06-2020 Appointed· Manager
- 26-06-2020 Appointed· Gedelegeerd zaakvoerder
-
GYSBRÉCHTS Frank Jan IvoGedelegeerd zaakvoerderState Gazette act 16166692 (06-12-2016)Not recently confirmedlast confirmed in an act from 2016
-
A.V.O.-Management BVBALegal entityManagerState Gazette act 16043582 (29-03-2016)Not recently confirmedlast confirmed in an act from 2016
2 events
- 29-03-2016 Appointed· Manager
- 29-03-2016 Appointed· Chief executive officer
-
LNF Consult BVBALegal entityDirectorState Gazette act 16043582 (29-03-2016)Not recently confirmedlast confirmed in an act from 2016
-
Jeroen MeelderManagerState Gazette act 10120496 (12-08-2010)Not recently confirmedlast confirmed in an act from 2010
-
Management BVBALegal entityAlgemeen directeurState Gazette act 10094071 (29-06-2010)Not recently confirmedlast confirmed in an act from 2010
Permanent representatives (1)
-
Peter D'hondtVertegenwoordiger commissarisState Gazette act 19120807 (10-09-2019)Permanent representative10-09-2019 → present
Former directors (12)
-
Business for Growth BVLegal entityManagerState Gazette act 24119852 (09-08-2024)Former- → 09-08-2024
-
Nathalie BoreanBijzondere lasthebberState Gazette act 22101751 (24-08-2022)Former- → 24-08-2022
-
Zantman Financial ServicesManagerState Gazette act 20131778 (09-11-2020)Former09-11-2020 → 05-02-2021
3 events
- 05-02-2021 Resigned· Director
- 09-11-2020 Appointed· Manager
- 09-11-2020 Appointed· Gedelegeerd zaakvoerder
-
LNF Consult BVLegal entityManagerState Gazette act 20131778 (09-11-2020)Former- → 09-11-2020
2 events
- 09-11-2020 Resigned· Manager
- 09-11-2020 Resigned· Gedelegeerd zaakvoerder
-
A.V.O. Management BVLegal entityManagerState Gazette act 20072336 (26-06-2020)Former- → 26-06-2020
2 events
- 26-06-2020 Resigned· Manager
- 26-06-2020 Resigned· Gedelegeerd zaakvoerder
-
Gerrit VAN DER HOEVENDirectorState Gazette act 16043582 (29-03-2016)Former- → 29-03-2016
-
Gert VAN HUFFELDirectorState Gazette act 16043582 (29-03-2016)Former- → 29-03-2016
-
Jeroen MEEDERDirectorState Gazette act 16043582 (29-03-2016)Former- → 29-03-2016
-
Marnix BERGERDirectorState Gazette act 16043582 (29-03-2016)Former- → 29-03-2016
-
SOLFERINO HOLDING NVLegal entityDirectorState Gazette act 16043582 (29-03-2016)Former- → 29-03-2016
-
Patrick KalverboerManagerState Gazette act 10120496 (12-08-2010)Former- → 12-08-2010
-
Demeter Invest NVLegal entityAlgemeen directeurState Gazette act 10094071 (29-06-2010)Former- → 29-06-2010
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| PWC Bedrijfsrevisoren Statutory auditor |
- | 10-09-2019 → 10-09-2019 |
| PWC Bedrijfsrevisoren CVBA Statutory auditor succeeded by PWC Bedrijfsrevisoren in 2019 |
- | 03-08-2016 → 10-09-2019 |
| RSM Interaudit Statutory auditor succeeded by PWC Bedrijfsrevisoren CVBA in 2016 |
- | 12-08-2010 → 03-08-2016 |
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | General partnership(011) |
| Incorporation | 26-06-1992 |
| Status | Active |
| Postal code | 1140 |
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.
| 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. |
29 more parcels, available from Kantoor S.
See plans →A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-08-2024 3 directors appointed, 1 resigning
- Lunch Garden Holding NV, Zaakvoerder
- Caroline Breuer BV, Zaakvoerder
- Stephan Brouwers BV, Gedelegeerd zaakvoerder
- Business for Growth BV, Zaakvoerder
Technical details
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}18-01-2023 Transaction in capital or shares
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}28-11-2022 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"patrimony_description": "Geen overdracht van patrimoine; de bevoegdheden zijn beperkt tot het opstellen, onderhandelen, ondertekenen en be\u00EBindigen van arbeidsovereenkomsten voor werknemers met een jaarlijkse bruto bezoldiging tot EUR 100.000,00, en het treden in rechte voor de arbeidsrechtbanken en gerechtelijke instanties voor alle vennootschappen van de Lunch Garden Group.",
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"summary_narrative": "De raad van bestuur van Lunch Garden heeft met eenparigheid van stemmen de heer Bj\u00F6rn Slegers, Human Resources Director, bevoegd verklaard om arbeidsovereenkomsten op te stellen, te onderhandelen, te ondertekenen en te be\u00EBindigen voor werknemers met een jaarlijkse bruto bezoldiging tot EUR 100.000,00, en om in naam en voor rekening van alle vennootschappen van de Lunch Garden Group in rechte op te treden voor de arbeidsrechtbanken en gerechtelijke instanties. Daarnaast is een bijzondere volmacht verleend aan vier advocaten om de publicatie van dit besluit in het Belgisch Staatsblad te organise",
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}24-08-2022 3 directors appointed, 1 resigning
- Caroline Wildemeersch, Lasthebber
- Karen De Clercq, Lasthebber
- Michiel Pieraerts, Lasthebber
- Nathalie Borean, Bijzondere lasthebber
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}15-04-2022 Articles of association amended
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}05-02-2021 2 directors appointed, 1 resigning
- Imo Holslag, Bestuurder
- Stephan Brouwers, Bestuurder
- Zantman Financial Services, Bestuurder
Technical details
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}09-11-2020 2 directors appointed, 2 resigning
- Zantman Financial Services, Zaakvoerder
- Zantman Financial Services, Gedelegeerd zaakvoerder
- LNF Consult BV, Zaakvoerder
- LNF Consult BV, Gedelegeerd zaakvoerder
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}26-06-2020 2 directors appointed, 2 resigning
- B4G Business for Growth BV, Zaakvoerder
- B4G Business for Growth BV, Gedelegeerd zaakvoerder
- A.V.O. Management BV, Zaakvoerder
- A.V.O. Management BV, Gedelegeerd zaakvoerder
Technical details
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}10-02-2020 Articles of association amended
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}10-09-2019 2 directors appointed
- PWC Bedrijfsrevisoren, Commissaris
- Peter D'hondt, Vertegenwoordiger commissaris
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}13-06-2018 Articles of association amended
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}06-12-2016 Articles of association amended
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}03-08-2016 PWC Bedrijfsrevisoren CVBA appointed as statutory auditor
- PWC Bedrijfsrevisoren CVBA, Commissaris
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}29-03-2016 3 directors appointed, 5 resigning
- LNF Consult BVBA, Bestuurder
- A.V.O.-Management BVBA, Zaakvoerder
- A.V.O.-Management BVBA, Chief executive officer
- Marnix BERGER, Bestuurder
- Jeroen MEEDER, Bestuurder
- Gerrit VAN DER HOEVEN, Bestuurder
- Gert VAN HUFFEL, Bestuurder
- SOLFERINO HOLDING NV, Bestuurder
Technical details
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}
}19-02-2016 Articles of association amended
Technical details
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}12-08-2010 Registered office moved within Evere
- 1140 Evere, Genèvestraat 10/1 → 1140 Evere, Olympiadenlaan 2
Technical details
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},
"co_filed_documents": [
"Uittreksel uit de notulen van het college van zaakvoerders dd. 20 mei 2010",
"Uittreksel uit de notulen van de bijzondere algemene vergadering van vennoten dd. 28 juni 2010",
"Uittreksel uit de notulen van de gewone algemene vergadering van vennoten dd. 22 juni 2010"
]
}29-06-2010 1 director appointed, 1 resigning
- Management BVBA, Algemeen directeur
- Demeter Invest NV, Algemeen directeur
Technical details
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}15-05-2006 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"notary": {
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"name": "LUNCH GARDEN",
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],
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"patrimony_description": "Aucun transfert de patrimoine n\u0027est effectu\u00E9. Il s\u0027agit d\u0027une d\u00E9cision unanime des actionnaires, prise par consentement \u00E0 la place d\u0027une assembl\u00E9e g\u00E9n\u00E9rale extraordinaire.",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | LUNCH GARDEN |
| Legal nameNL | LUNCH GARDEN |