LYO'S

Open bankruptcy

Private limited companyfounded 2020Schavelarestraat 53, 8820 Torhout, BelgiumKBO/BCE: BE 0749.726.163

A bankruptcy procedure is open for LYO'S according to publications in the Belgian State Gazette; curator: CHRIS VANDIERENDONCK. The 2020 annual accounts show equity of €14k and a net result of €-6k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

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

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 23-07-2021, 8 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2020

8 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity

€14k

Total assets

€241k

Net result

€-6k

Working capital

€32k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €239k

73.9%

26.1%

Fixed assets €177k

Current assets €62k

Equity and liabilities €241k

94.1%

Equity €14k

Debt €227k

Debt finances 94.1% of the balance-sheet total.

Key figures and ratios

2020 value

EBITDA

€-3k

Cash flow

€-3k

Solvency

5.9%

Current ratio

2.04

Quick ratio

2.04

Debt / equity

13.82

ROE

-40.9%

ROA

-2.4%

Debt

€227k

Debt ≤ 1 year

€31k

Debt > 1 year

€196k

Filed annual accounts

As filed with the NBB · 2020

Balance sheet Code2020

Assets

Total assets20/58€241k

Formation expenses20€2k

Fixed assets21/28€177k

Tangible fixed assets22/27€177k

Current assets29/58€62k

Amounts receivable within one year40/41€58k

Cash at bank and in hand54/58€32

Equity and liabilities

Total equity and liabilities10/49€241k

Equity10/15€14k

Profit (loss) carried forward14€-6k

Amounts payable17/49€227k

Amounts payable after more than one year17€196k

Amounts payable within one year42/48€31k

Trade debts44€12k

Income statement Code2020

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k

Gross operating margin9900€-2k

Operating profit (loss)9901€-5k

Recurring financial income75€29

Recurring financial charges65€383

Profit (loss) for the period before taxes9903€-6k

Profit (loss) for the period9904€-6k

Profit (loss) for the period to be appropriated9905€-6k

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Timeline · acts, filings and financial milestones

All 2Signals 1Filings 1

2021

09-12

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Brugge · LYO’S BV SCHAVELARE- STRAAT 53, 8820 TORHOUT · event 02-12-2021

23-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

SignalNBB filing

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

Registered office, Torhout · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Schavelarestraat 538820 Torhout

Ground area

1,211 m²

Building footprint

336 m²

Volume, LiDAR

2,068 m³

Parcel 31523E0231/00Y000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

LYO'S

Schavelarestraat 53, 8820 TorhoutFood and beverage service activities

since 20202.305.055.441

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31523E0231/00Y000	Flanders	1,211 m²	1 · 336 m²	9.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

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

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	CHRIS VANDIERENDONCK KON. ALBERTSTRAAT 190, 8210 ZEDELGEM ↔ Also on 10 other cases	02-12-2021 → present

Similar companies · same sector, comparable size

Chaudfontaine · Eq €14k

Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 7,517 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-07-2020

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

56210Event catering

56220Contract catering and other food service activities

56290Food and beverage service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.