PLANET BUSINESS

Bankruptcy

Private limited companyfounded 2022Grote Markt 35, 8870 Izegem, BelgiumKBO/BCE: BE 0780.432.504

The KBO register records for PLANET BUSINESS the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-32k) and a net result of €-63k.

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Signals

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

+raises risk○neutral

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year -€32k

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

78 d late

2023

36 d late

2022

59 d late

← 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 2024, micro schema

Equity

€-32k

2023 · €31k

2022: €21k 2023: €31k

2022 → 2024

Total assets

€52k▼ 48.9%

2023 · €101k

2022: €79k 2023: €101k

2022 → 2024

Net result

€-63k

2023 · €10k

2022: €1k 2023: €10k

2022 → 2024

Working capital

€-29k

2023 · €41k

2022: €21k 2023: €41k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€21k-€31k▲ 48.3%€-32k

Operating result€2k-€13k▲ 496%€-58k

Net result€1k-€10k▲ 851%€-63k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €58k after €13k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €52k

56.6%

43.4%

Fixed assets €29k▼ 16.5%

Current assets €22k▼ 66.1%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-51k▼

2023 · €20k

Cash flow

€-56k▼

2023 · €17k

Solvency

-61.5%▼

2023 · 30.8%

Current ratio

0.44▼

2023 · 2.60

Quick ratio

0.44▼

2023 · 2.60

Debt / equity

-2.63▼

2023 · 2.24

ROE

198.2%▲

2023 · 32.6%

ROA

-121.9%▼

2023 · 10.1%

Interest coverage

-9.87▼

2023 · 7.14

Debt

€84k▲

2023 · €70k

Debt ≤ 1 year

€51k▲

2023 · €25k

Debt > 1 year

€32k▼

2023 · €45k

Staff costs

€72k▲

2023 · €33k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€101k€52k▼

Fixed assets21/28€35k€29k▼

Tangible fixed assets22/27€35k€29k▼

Plant, machinery and equipment23€34k€27k▼

Furniture and vehicles24€996€2k▲

Current assets29/58€66k€22k▼

Amounts receivable within one year40/41€62k€20k▼

Trade receivables40€42k-

Other amounts receivable41€20k€20k▲

Cash at bank and in hand54/58€4k€2k▼

Equity and liabilities

Total equity and liabilities10/49€101k€52k▼

Equity10/15€31k€-32k▼

Contributions10/11€20k€20k=

Profit (loss) carried forward14€11k€-52k▼

Amounts payable17/49€70k€84k▲

Amounts payable after more than one year17€45k€32k▼

Financial debts170/4€45k€32k▼

Amounts payable within one year42/48€25k€51k▲

Current portion of amounts payable after more than one year42€5k€5k▲

Financial debts43€9k€8k▼

Credit institutions430/8€9k€8k▼

Trade debts44€3k€6k▲

Suppliers440/4€3k€6k▲

Taxes, remuneration and social security45€9k€14k▲

Taxes450/3€7k€9k▲

Remuneration and social security454/9€2k€5k▲

Other amounts payable47/48-€17k

Income statement Code20232024

Remuneration, social security and pensions62€33k€72k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲

Other operating charges640/8€2k€106▼

Gross operating margin9900€55k€21k▼

Operating profit (loss)9901€13k€-58k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€3k€5k▲

Recurring financial charges65€3k€5k▲

Profit (loss) for the period before taxes9903€10k€-63k▼

Income taxes67/77€113-

Profit (loss) for the period9904€10k€-63k▼

Profit (loss) for the period to be appropriated9905€10k€-63k▼

Appropriation of the result

Profit (loss) to be appropriated9906€11k€-52k▼

Profit (loss) brought forward from the previous period14P€1k€11k▲

The notes to these accounts (6 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

All 5Financial 2Filings 3

2025

17-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 78 days late

2024

31-12

Financial Weakest financial yearnet €-63k ▼719%

Net result drops to €-63k, the lowest in the series.

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 36 days late

2023

31-12

Financial Highest result since 2022net €10k ▲851%

Operating result €13k, net result €10k, both a record.

28-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 59 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

30-06-2025 Miya Mohammad: Resigned as Director

30-06-2024 Miya Mohammad Nishar: Resigned as Director

26-06-2024 Miya Rajina Khatun: Resigned as Director

Location & real-estate footprint

Registered office, Izegem · 2 establishment units since 2022

establishment All 2 establishment units 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.

Grote Markt 358870 Izegem

Ground area

785 m²

Building footprint

488 m²

Volume, LiDAR

1,413 m³

2 parcels, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

PLANET BUSINESS

Grote Markt 35, 8870 IzegemFood and beverage service activities

since 20222.327.096.019

nara sushi Dendermonde

Franz Courtensstraat (DEN) 31a, 9200 DendermondeFood and beverage service activities

since 20232.351.672.552

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42006C0491/00A000	Flanders	513 m²	1 · 329 m²	-
36008A0870/00D000 ProtectedMonumentBurgerhuis met apotheek WyffelsSource ↗	Flanders	272 m²	1 · 159 m²	15.9 m · 3 fl.