Checked.be
Active
BE 0687.881.933Private limited company (pre-2019)Open bankruptcy
NAZARIAN
Zeedijk(Kok) 473 ·8670 Koksijde, Belgium· 8 yrs active
Sector: Activiteiten van eetgelegenheden met volledige bediening
(56111)
Conclusion
A bankruptcy procedure is open for NAZARIAN according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €22k and a net result of €22k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €22k |
| Net result | €22k |
| Staff (FTE) | 2.6 |
| Better than sector | 47% |
Financial profile
40
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
20
Growth
78
Stability
0
Bankruptcy probability (12 mo)
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.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2022 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.5% | 22.3% | |
| Net result | €22k | €3k | |
| Equity | €22k | €13k | |
| Gross operating margin | €99k | €30k | |
| Staff costs | €68k | €27k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€31k
-31.2%
18-21
€22k
-
18-21
€30k
-
18-21
€120k
+3.9%
18-21
€22k
+5359.9%
18-21
€-16k
+66.9%
18-21
3
+44.4%
18-21
€68k
-
18-21
Show 10 other metrics
€2k
+20.0%
18-21
€98k
-15.0%
18-21
€94k
-18.5%
18-21
0.83
+44.0%
18-21
0.83
+44.0%
18-21
18.5%
+5153.0%
18-21
4.40
-
18-21
98.2%
-
18-21
18.2%
-
18-21
27.45
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €31k |
| Net profit | €22k |
| Cash flow | €30k |
| Staff costs | €68k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €120k |
| Equity | €22k |
| Debt | €98k |
| of which ≤ 1y | €94k |
| of which > 1y | - |
| Working capital | €-16k |
| Employees (FTE) | 2.6 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.83 |
| Working capital ratio | -13.5% |
| Solvency | 18.5% |
| Debt / equity | 4.40 |
| Long-term debt ratio | - |
| Interest coverage | 27.45 |
| Gross margin | - |
| Net margin | - |
| ROA | 18.2% |
| ROE | 98.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €120k |
| Fixed assets | 21/28 | €43k |
| Tangible fixed assets | 22/27 | €41k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €78k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €73k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €120k |
| Equity | 10/15 | €22k |
| Contributions / capital | 10/11 | €11k |
| Reserves | 13 | €33k |
| Accumulated profits (losses) | 14 | €-22k |
| Amounts payable | 17/49 | €98k |
| Amounts payable within one year | 42/48 | €94k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €99k |
| Operating result | 9901 | €23k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €22k |
| Result to be appropriated | 9905 | €22k |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LUTGART GODDERIS ALBERT I LAAN 8, 8630 VEURNE- |
18-10-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met volledige bediening(56111) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 12-01-2018 |
| Status | Active |
| Postal code | 8670 |
| First BS signal | 24-10-2023 |
| Latest BS signal | 24-10-2023 |
Establishment units
NAZARIAN
since 20182.275.128.664
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502G0043/00_000 | Flanders | 742 m² | 1 · 581 m² | 27.1 m · 8 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
24-10-2023
Bankruptcy
Opening
2022
30-09-2022
NBB filing
Annual accounts filed
2021
22-11-2021
NBB filing
Annual accounts filed
2020
28-10-2020
NBB filing
Annual accounts filed
2019
26-09-2019
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
24-10-2023
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111
Primary activity highlighted.
Names & trade names
| Legal nameNL | NAZARIAN |
Registered office
Zeedijk(Kok) 473 bus GV01
8670 Koksijde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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