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PARIS GARDEN

Inactive
KBO/BCE: BE 0744.892.989

PARIS GARDEN was declared bankrupt on 27-12-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 21-09-2023, published in the Belgian State Gazette on 27-09-2023.

No longer registered with the KBO; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2021
30 d late
← before the deadline after the deadline →
neutral · 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 2021, micro schema

Equity
€10k
Total assets
€24k
Net result
€8k
Working capital
€-4k

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

Balance-sheet composition
Assets €24k
Fixed assets €13k
Current assets €11k
Equity and liabilities €24k
Equity €10k
Debt €15k
Debt finances 60.3% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€15k
Cash flow
€12k
Solvency
39.7%
Current ratio
0.74
Quick ratio
0.74
Debt / equity
1.52
ROE
84.3%
ROA
33.5%
Interest coverage
15.83
Debt
€15k
Debt ≤ 1 year
€15k
Income taxes
€2k
Staff costs
€3k
Filed annual accounts
As filed with the NBB · 2021
Balance sheet Code2021
Assets
Total assets20/58€24k
Formation expenses20€360
Fixed assets21/28€13k
Tangible fixed assets22/27€13k
Plant, machinery and equipment23€7k
Furniture and vehicles24€6k
Current assets29/58€11k
Amounts receivable within one year40/41€9k
Other amounts receivable41€9k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€24k
Equity10/15€10k
Contributions10/11€2k
Profit (loss) carried forward14€8k
Amounts payable17/49€15k
Amounts payable within one year42/48€15k
Financial debts43€12k
Credit institutions430/8€12k
Trade debts44€146
Suppliers440/4€146
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Income statement Code2021
Remuneration, social security and pensions62€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€3
Gross operating margin9900€18k
Operating profit (loss)9901€11k
Financial charges65/66B€971
Recurring financial charges65€971
Profit (loss) for the period before taxes9903€10k
Income taxes67/77€2k
Profit (loss) for the period9904€8k
Profit (loss) for the period to be appropriated9905€8k
Appropriation of the result
Profit (loss) to be appropriated9906€8k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
27-09
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · PARIS GARDEN BV STRAETMANSHOF 14, 3012 WILSELE · event 21-09-2023
05-01
Bankruptcy Opening
Ondernemingsrechtbank Leuven · PARIS GARDEN BV STRAET- MANSHOF 14, 3012 WILSELE · event 27-12-2022
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
SignalNBB filing

Directors · office · real estate

Directors
1 act for this company is 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
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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator KARL VANSTIPELEN
STATIONSSTRAAT 108A, 3400 LANDEN
27-12-2022 → present
Curator WINNY TIRMARCHE
STATIONSSTRAAT 108, 3400 LANDEN-
27-12-2022 → present