POLLO ROJO
Open bankruptcyA bankruptcy procedure is open for POLLO ROJO according to publications in the Belgian State Gazette; curator: BRANDAAN MOMBAERS. The 2022 annual accounts show equity of €340k and a net result of €84k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-10-2023, 80 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
80 d late
2021
52 d late
2020
73 d late
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€84k▼ 54.7%
2021 · €185k
2018: €-9k
2019: €17k
2020: €51k
2021: €185k
2018 → 2022
Working capital
€328k▲ 41.0%
2021 · €232k
2018: €-25k
2019: €-5k
2020: €46k
2021: €232k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€4k-€20k▲ 454%€72k▲ 250%€256k▲ 258%€340k▲ 32.6%
Operating result€-9k-€19k€77k▲ 306%€310k▲ 300%€179k▼ 42.1%
Net result€-9k-€17k€51k▲ 205%€185k▲ 261%€84k▼ 54.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 42% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.55M
Fixed assets
€37k▼ 10.1%
Current assets
€1.51M▲ 89.2%
Equity and liabilities €1.55M
Equity
€340k▲ 32.6%
Debt
€1.21M▲ 107%
The debt ratio rises from 69.4% to 78.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€188k▼
2021 · €316k
Cash flow
€93k▼
2021 · €190k
Solvency
22.0%▼
2021 · 30.6%
Current ratio
1.28▼
2021 · 1.41
Quick ratio
0.79▲
2021 · 0.31
Debt / equity
3.55▲
2021 · 2.27
ROE
24.6%▼
2021 · 72.1%
ROA
5.4%▼
2021 · 22.0%
Interest coverage
2.59▼
2021 · 4.63
Debt
€1.21M▲
2021 · €583k
Debt ≤ 1 year
€1.18M▲
2021 · €565k
Debt > 1 year
€25k▲
2021 · €17k
Income taxes
€23k▼
2021 · €57k
Staff costs
€126k▲
2021 · €81k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€839k€1.55M▲
Fixed assets21/28€41k€37k▼
Tangible fixed assets22/27€41k€37k▼
Plant, machinery and equipment23€20k€18k▼
Furniture and vehicles24€21k€20k▼
Current assets29/58€798k€1.51M▲
Stocks and contracts in progress3€621k€578k▼
Stocks30/36€621k€578k▼
Amounts receivable within one year40/41€100k€843k▲
Trade receivables40€85k€781k▲
Other amounts receivable41€15k€62k▲
Cash at bank and in hand54/58€76k€89k▲
Deferred charges and accrued income490/1-€135
Equity and liabilities
Total equity and liabilities10/49€839k€1.55M▲
Equity10/15€256k€340k▲
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€242k€325k▲
Amounts payable17/49€583k€1.21M▲
Amounts payable after more than one year17€17k€25k▲
Financial debts170/4€17k€25k▲
Amounts payable within one year42/48€565k€1.18M▲
Current portion of amounts payable after more than one year42€4k€19k▲
Financial debts43€48k-
Credit institutions430/8€48k-
Trade debts44€441k€1.05M▲
Suppliers440/4€441k€1.05M▲
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€72k€101k▲
Taxes450/3€70k€99k▲
Remuneration and social security454/9€2k€2k=
Income statement
Code20212022
Non-recurring operating income76A€784-
Remuneration, social security and pensions62€81k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€401k€316k▼
Operating profit (loss)9901€310k€179k▼
Financial income75/76B€110€135▲
Recurring financial income75€110€135▲
Financial charges65/66B€68k€73k▲
Recurring financial charges65€68k€73k▲
Profit (loss) for the period before taxes9903€242k€107k▼
Income taxes67/77€57k€23k▼
Profit (loss) for the period9904€185k€84k▼
Profit (loss) for the period to be appropriated9905€185k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€242k€325k▲
Profit (loss) brought forward from the previous period14P€57k€242k▲
Social balance
Average headcount (FTE)9087-3.9
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · POLLO ROJO BV STALINGRAD- LAAN 52, 1000 LAKEN · event 03-06-2025
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 80 days late
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 52 days late
2021
31-12
Financial
Highest result since 2018net €185k ▲261%
Operating result €310k, net result €185k, both a record.
31-12
Financial
Equity above €200kEq €256k ▲258%
3 profitable years in a row build equity to €256k.
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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
1 establishment unit since 2020
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.
Ground area
439 m²
Building footprint
62 m²
Volume, LiDAR
608 m³
2 parcels, Brussels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
POLLO ROJO
since 20202.306.474.710
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0191/00F015 | Brussels | 305 m² | - | - |
| 62815C0217/00R000 | Wallonia | 134 m² | 1 · 62 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | BRANDAAN MOMBAERS LAKENSESTRAAT 154/11,
1000 BRUSSEL 1 |
03-06-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.