Active BE 0876.484.971Private limited company

PATWARY

Ernest Solvaystraat 37 ·1050 Elsene, Belgium· 20 yrs active

Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)

Conclusion Checked

The file of PATWARY contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.8% (moderate). The 2024 annual accounts show equity of €5k and a net result of €7k. Equity is shrinking by ~43.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 41% of 5650 sector peers (fiscal year 2024).

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€5k
Net result	€7k
Better than sector	41%
Active	20 yrs

Financial profile 5 of 5 axes measured · computed by Checked

59 / 100

Mixed profile: strong on profitability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 61

Profitability 100

Solvency 19

Growth 32

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

3.8% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Higher-failure-rate region +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

20 / 100

Moderate risk

Components

· 2 historical bankruptcy publications (+20)

Trust signals 1 signals

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags0 events

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 FY 2024 · computed

61 / 100 Healthy

050100

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 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining At this pace, equity would indicatively turn negative around fiscal year 2025, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	10.0%	19.3%	better than 41% of 5650 sector peers
Net result	€7k	€4k	better than 56% of 5638 sector peers
Equity	€5k	€14k	better than 40% of 5662 sector peers
Gross operating margin	€15k	€52k	better than 28% of 5624 sector peers
Total assets	€52k	€87k	better than 33% of 5651 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€14k

-23.1% 19-24

Net profit

€7k

+71.9% 19-24

Cash flow

€7k

+3.4% 19-24

Total assets

€52k

-4.9% 19-24

Equity

€5k

- 19-24

Working capital

€3k

- 19-24

Income taxes

€3k

- 19-24

Debt

€47k

-16.5% 19-24

Show 8 other metrics

Debt ≤ 1y

€47k

-16.5% 19-24

Current ratio

1.06

+14.3% 19-24

Quick ratio

0.09

-24.7% 19-24

Solvency

10.0%

- 19-24

Debt / equity

9.00

- 19-24

ROE

126.9%

- 19-24

ROA

12.7%

+80.7% 19-24

Interest coverage

1.93

-7.5% 19-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€14k
Net profit	€7k
Cash flow	€7k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€52k
Equity	€5k
Debt	€47k
of which ≤ 1y	€47k
of which > 1y	-
Working capital	€3k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.06
Quick ratio	0.09
Working capital ratio	5.3%
Solvency	10.0%
Debt / equity	9.00
Long-term debt ratio	-
Interest coverage	1.93
Gross margin	-
Net margin	-
ROA	12.7%
ROE	126.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2k · 4.7% Current assets €49k · 95.3%

Equity & liabilities

Equity €5k · 10.0% Debt €47k · 90.0%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€52k
Fixed assets	21/28	€2k
Financial fixed assets	28	€2k
Current assets	29/58	€49k
Stocks & contracts in progress	3	€45k
Amounts receivable within one year	40/41	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€52k
Equity	10/15	€5k
Contributions / capital	10/11	€27k
Reserves	13	€3k
Accumulated profits (losses)	14	€-25k
Amounts payable	17/49	€47k
Amounts payable within one year	42/48	€47k
Trade debts payable within one year	44	€385
Income statement
Gross operating margin	9900	€15k
Operating result	9901	€14k
Financial charges	65	€7k
Result before taxes	9903	€7k
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

PATWARY Salim
Director
State Gazette act 24350067 (01-02-2024)

Current
01-02-2024 → present
2 events
- 01-02-2024 Appointed· Director
- 01-02-2024 Appointed· Gérant

Former directors (1)

PATWARY Repon
Director
State Gazette act 24350067 (01-02-2024)

Former
01-02-2024 → 30-05-2025
3 events
- 30-05-2025 Resigned· Director
- 01-02-2024 Appointed· Director
- 01-02-2024 Appointed· Gérant

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	liquidés à S 2.316,45 TVAC. Compense les dépens d’appel	10-02-2025 → present	Belgian State Gazette
Curator	ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369, 1932 SINT-STEVENS-WOLUWE	02-12-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company(610)
Incorporation	05-10-2005
Status	Active
Postal code	1050
First BS signal	10-12-2024
Latest BS signal	10-02-2025

Establishment units 2 locations

Tandoriland

Lang-Levenstraat 3, 1050 ElseneNiet-gespecialiseerde detailhandel in diepvriesproducten

since 20052.149.999.753

Tandoriland

Ernest Solvaystraat 37, 1050 ElseneCafé-restaurants (tavernen)

since 20122.208.126.509

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21009A0717/00D002	Brussels	210 m²	1 · 175 m²	20.9 m · 6 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 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-09-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

30-05-2025

State Gazette act Director changes

10-02-2025

Bankruptcy Bankruptcy reversal

tribunal de l’entreprise francophone de Bruxelles · la SRL PATWARY, B.C.E. 0876.484.971; partie intimée qq; qui comparait en personne. ***** La Cour : Reçoit l’appel et le dit fondé. Réforme le jugement rendu le 2 décembre 2024, par le tribunal de l’entreprise francophone de Bruxelles. Statuant à nouveau, dit la demande non fondée. Rapporte la faillite de la SRL Patwary

2024

10-12-2024

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL PATWARY CHAUSSEE DE WAVRE 54, 1050 IXELLES · event 02-12-2024

01-10-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

01-02-2024

State Gazette act Director changes

Didier Vanneste

2023

12-09-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

01-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

08-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

30-09-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2018

26-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2017

12-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

14-06-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2014

25-08-2014

NBB filing Annual accounts filed

fiscal year 2013 · volledig

Lifecycle & Insolvency Signals2 events

10-02-2025

Bankruptcy Bankruptcy reversal

· tribunal de l’entreprise francophone de Bruxelles · la SRL PATWARY, B.C.E. 0876.484.971; partie intimée qq; qui comparait en personne. ***** La Cour : Reçoit l’appel et le dit fondé. Réforme le jugement rendu le 2 décembre 2024, par le tribunal de l’entreprise francophone de Bruxelles. Statuant à nouveau, dit la demande non fondée. Rapporte la faillite de la SRL Patwary · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 02-12-2024 to 10-02-2025.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2021, 2026

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 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2025

30-05-2025 PATWARY Repon resigns as director Director changes

PATWARY Repon, Bestuurder

Original publication ↗

Technical details

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  "act_meta": {
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  "decisions": [
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2024

01-02-2024 4 directors appointed Director changes·Didier Vanneste

PATWARY Repon, Bestuurder
PATWARY Salim, Bestuurder
PATWARY Salim, Gérant
PATWARY Repon, Gérant

Notary: Didier Vanneste · SchaerbeekFirm: Didier Vanneste, Notaire

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Overige gespecialiseerde groothandel in voedingswaren51384Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389Groothandel in andere consumentenartikelen, n.e.g.46499Groothandel in andere consumentenartikelen, neg46499Overige groothandel in consumentenartikelen, n.e.g.51478Catering56210Catering van evenementen56210

Primary activity highlighted.

Names & trade names

Legal nameFR

PATWARY

Registered office

Ernest Solvaystraat 37

1050 Elsene, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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