NAVEEDA
Open bankruptcyA bankruptcy procedure is open for NAVEEDA according to publications in the Belgian State Gazette; curator: ADRIAAN DAUWE.
Summary
The 2024 annual accounts show negative equity (-€48,406) and a net result of -€5,322.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 8 December 2025
- Supervising judge
- Miguel Uytterhaegen
- Official Gazette
- 12-12-2025 (pdf) ↗search the document for 2025/151859
Curator
- Adriaan DauweGrote Markt 19, 9200 Dender- Mondeadriaan@dauweadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€48,406
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
22 d early
2022
38 d early
2021
27 d early
2020
11 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€48,406▼ 12.4%
2023 · -€43,084
Total assets
€44,183▲ 2.8%
2023 · €42,974
Net result
-€5,322▲ 78.4%
2023 · -€24,610
Working capital
-€66,322▼ 1.6%
2023 · -€65,254
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€9,254€11,096▲ 19.9%-€36,394-€24,160▲ 33.6%-€3,866▲ 84.0%
Net result€9,201€10,818▲ 17.6%-€36,554-€24,610▲ 32.7%-€5,322▲ 78.4%
Equity€7,263€18,080▲ 149%-€18,474-€43,084▼ 133%-€48,406▼ 12.4%
Total assets€28,178▼ 54.2%€41,137▲ 46.0%€25,357▼ 38.4%€42,974▲ 69.5%€44,183▲ 2.8%
Debt€20,915▼ 67.0%€23,057▲ 10.2%€43,831▲ 90.1%€86,058▲ 96.3%€92,588▲ 7.6%
Working capital-€6,550▲ 58.7%€5,779-€22,555-€65,254▼ 189%-€66,322▼ 1.6%
Staff (FTE)3.4▲ 41.7%2.7▼ 20.6%4.8▲ 77.8%3.9▼ 18.8%1.5▼ 61.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,866 in 2024 against €24,160 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44,183
Fixed assets
€22,436 ▲ 1.2%
Current assets
€21,746 ▲ 4.5%
Key figures and ratios
EBITDA
-€3,307▲
2023 · -€23,671
Cash flow
-€4,763▲
2023 · -€24,121
Solvency
-109.6%▼
2023 · -100.3%
Current ratio
0.25▲
2023 · 0.24
Quick ratio
0.20▲
2023 · 0.20
Debt to equity
-1.91▲
2023 · -2.00
ROA
-12.0%▲
2023 · -57.3%
Interest coverage
-2.22▲
2023 · -51.83
Debt ≤ 1 year
€88,068▲
2023 · €86,058
Staff costs
€44,356▼
2023 · €54,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €22,676 | €31,777 | €54,283 | €44,356 | ▼ 18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,910 | €3,076 | €1,961 | €489 | €559 | ▲ 14.2% |
| Other operating charges640/8 | - | €468 | €623 | €1,580 | €2,217 | ▲ 40.4% |
| Gross operating margin9900 | €51,122 | €37,316 | -€2,032 | €32,192 | €43,267 | ▲ 34.4% |
| Operating profit (loss)9901 | €9,254 | €11,096 | -€36,394 | -€24,160 | -€3,866 | ▲ 84.0% |
| Financial income75/76B | - | €0 | €16 | €7 | €31 | ▲ 376% |
| Recurring financial income75 | €322 | €0 | €16 | €7 | €31 | ▲ 376% |
| Financial charges65/66B | - | €278 | €177 | €457 | €1,487 | ▲ 226% |
| Recurring financial charges65 | €625 | €278 | €177 | €457 | €1,487 | ▲ 226% |
| Profit (loss) for the period before taxes9903 | €8,951 | €10,818 | -€36,554 | -€24,610 | -€5,322 | ▲ 78.4% |
| Income taxes67/77 | -€250 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €9,201 | €10,818 | -€36,554 | -€24,610 | -€5,322 | ▲ 78.4% |
| Profit (loss) for the period to be appropriated9905 | €9,201 | €10,818 | -€36,554 | -€24,610 | -€5,322 | ▲ 78.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,178 | €41,137 | €25,357 | €42,974 | €44,183 | ▲ 2.8% |
| Fixed assets21/28 | €14,874 | €12,469 | €10,508 | €22,170 | €22,436 | ▲ 1.2% |
| Tangible fixed assets22/27 | €5,762 | €3,357 | €1,396 | €907 | €1,173 | ▲ 29.4% |
| Plant, machinery and equipment23 | - | €3,357 | €1,396 | €907 | €417 | ▼ 54.0% |
| Furniture and vehicles24 | - | - | - | - | €756 | - |
| Financial fixed assets28 | €9,112 | €9,112 | €9,112 | €21,263 | €21,263 | = |
| Current assets29/58 | €13,304 | €28,668 | €14,850 | €20,803 | €21,746 | ▲ 4.5% |
| Stocks and contracts in progress3 | €5,649 | €5,847 | €4,909 | €3,973 | €4,418 | ▲ 11.2% |
| Stocks30/36 | - | €5,847 | €4,909 | €3,973 | €4,418 | ▲ 11.2% |
| Amounts receivable within one year40/41 | €821 | €0 | - | €140 | €227 | ▲ 62.0% |
| Trade receivables40 | - | €0 | - | €140 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €0 | - | - | €227 | - |
| Cash at bank and in hand54/58 | €6,835 | €22,053 | €8,400 | €13,586 | €16,314 | ▲ 20.1% |
| Deferred charges and accrued income490/1 | - | €768 | €1,540 | €3,104 | €788 | ▼ 74.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,178 | €41,137 | €25,357 | €42,974 | €44,183 | ▲ 2.8% |
| Equity10/15 | €7,263 | €18,080 | -€18,474 | -€43,084 | -€48,406 | ▼ 12.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€13,197 | -€2,380 | -€38,934 | -€63,544 | -€68,866 | ▼ 8.4% |
| Amounts payable17/49 | €20,915 | €23,057 | €43,831 | €86,058 | €92,588 | ▲ 7.6% |
| Amounts payable within one year42/48 | €19,855 | €22,889 | €37,405 | €86,058 | €88,068 | ▲ 2.3% |
| Trade debts44 | €4,402 | €2,404 | €9,019 | €27,859 | €19,014 | ▼ 31.7% |
| Suppliers440/4 | - | €2,404 | €9,019 | €27,859 | €19,014 | ▼ 31.7% |
| Taxes, remuneration and social security45 | - | €10,165 | €17,985 | €23,347 | €19,713 | ▼ 15.6% |
| Taxes450/3 | - | €3,482 | €3,589 | €10,752 | €6,720 | ▼ 37.5% |
| Remuneration and social security454/9 | - | €6,683 | €14,396 | €12,595 | €12,993 | ▲ 3.2% |
| Other amounts payable47/48 | - | €10,320 | €10,400 | €34,852 | €49,341 | ▲ 41.6% |
| Accrued charges and deferred income492/3 | - | €168 | €6,427 | €0 | €4,521 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,201 | €10,818 | -€36,554 | -€24,610 | -€5,322 | ▲ 78.4% |
| + Depreciation and write-downs630 | €7,910 | €3,076 | €1,961 | €489 | €559 | ▲ 14.2% |
| Operating cash flow (approximation) | €17,111 | €13,894 | -€34,593 | -€24,121 | -€4,763 | ▲ 80.3% |
| Investment in fixed assets (approximation) | - | -€672 | €0 | -€12,152 | -€825 | ▲ 93.2% |
| Change in cash | - | €15,219 | -€13,653 | €5,186 | €2,728 | ▼ 47.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 08-12-2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9,201
Net result €9,201 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€38,565
Net result drops to -€38,565, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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Directors · office · real estate
Directors
7 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, Aalst · 1 establishment unit since 2005
Ground area
143 m²
Building footprint
144 m²
Volume, LiDAR
1,424 m³
Parcel 41002A0865/00A000, Flanders · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRASSERIE PLAZA
since 20052.147.003.146
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0865/00A000 | Flanders | 143 m² | 1 · 144 m² | 14.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 | ADRIAAN DAUWE GROTE MARKT 19, 9200 DENDER-
MONDE |
08-12-2025 → present |
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,951 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.