RIVERKWAI
Open bankruptcyA bankruptcy procedure is open for RIVERKWAI according to publications in the Belgian State Gazette; curator: MARK BRUURS.
Summary
The 2022 annual accounts show equity of €37,044 and a net result of €52,702.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Turnhout division
- Declared bankrupt
- 12 December 2023
- Supervising judge
- Hans Geerts
- Official Gazette
- 19-12-2023 (pdf) ↗search the document for 2023/148426
Deadlines
- Provisional date payments stopped
- 12 December 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 3 January 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 11 January 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 30 January 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 12 December 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mark BruursAlphenseweg 12, 2387 Baarle- Hertogmarkbruurs@skynet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 28-12-2022, 34 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
34 d early
2021
5 d early
2020
19 d early
2019
110 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Full-service restaurants sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€37,044
2021 · -€15,658
Total assets
€129,640▲ 249%
2021 · €37,196
Net result
€52,702▲ 163%
2021 · €20,065
Working capital
€4,228
2021 · -€22,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€23,633--€840▲ 96.4%€20,404€54,055▲ 165%
Net result-€23,898--€1,667within the sector's middle half▲ 93.0%€20,065within the sector's middle half€52,702above the sector's middle half▲ 163%
Equity-€34,056--€35,723below the sector's middle half▼ 4.9%-€15,658below the sector's middle half▲ 56.2%€37,044within the sector's middle half
Total assets€30,267-€19,516below the sector's middle half▼ 35.5%€37,196below the sector's middle half▲ 90.6%€129,640within the sector's middle half▲ 249%
Debt€64,323-€55,239▼ 14.1%€52,853▼ 4.3%€92,596▲ 75.2%
Working capital-€33,003--€33,592below the sector's middle half▼ 1.8%-€22,187within the sector's middle half▲ 34.0%€4,228within the sector's middle half
Solvency-112.5%--183.0%below the sector's middle half▼ 70.5pp-42.1%below the sector's middle half▲ 140.9pp28.6%within the sector's middle half▲ 70.7pp
Current ratio0.31-0.13below the sector's middle half▼ 0.180.39below the sector's middle half▲ 0.261.06within the sector's middle half▲ 0.67
Return on assets (ROA)-79.0%--8.5%within the sector's middle half▲ 70.4pp53.9%above the sector's middle half▲ 62.5pp40.7%above the sector's middle half▼ 13.3pp
Staff (FTE)1.6-1within the sector's middle half▼ 37.5%0.6
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2022 is 165% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €129,640
Fixed assets
€49,664 ▲ 116%
Current assets
€79,977 ▲ 465%
Equity and liabilities €129,640
Equity
€37,044
Debt
€92,596
Debt finances 71.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€63,589▲
2021 · €25,559
Cash flow
€62,236▲
2021 · €25,220
Debt to equity
2.50▲
2021 · -1.05
ROE
142.3%
Interest coverage
48.51
Debt ≤ 1 year
€75,748▲
2021 · €36,353
Debt > 1 year
€16,500=
2021 · €16,500
Income taxes
€42
Staff costs
€22,182
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €22,182 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,580 | €4,078 | €5,155 | €9,534 | ▲ 85.0% |
| Other operating charges640/8 | - | - | - | €1,680 | - |
| Gross operating margin9900 | €15,193 | €23,746 | €30,025 | €87,451 | ▲ 191% |
| Operating profit (loss)9901 | -€23,633 | -€840 | €20,404 | €54,055 | ▲ 165% |
| Recurring financial income75 | €371 | €84 | €2 | - | - |
| Financial charges65/66B | - | - | - | €1,311 | - |
| Recurring financial charges65 | €636 | €911 | €340 | €1,311 | ▲ 285% |
| Profit (loss) for the period before taxes9903 | -€23,898 | -€1,667 | €20,065 | €52,744 | ▲ 163% |
| Income taxes67/77 | - | - | - | €42 | - |
| Profit (loss) for the period9904 | -€23,898 | -€1,667 | €20,065 | €52,702 | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | -€23,898 | -€1,667 | €20,065 | €52,702 | ▲ 163% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €30,267 | €19,516 | €37,196 | €129,640 | ▲ 249% |
| Fixed assets21/28 | €15,447 | €14,369 | €23,029 | €49,664 | ▲ 116% |
| Tangible fixed assets22/27 | €15,447 | €14,369 | €20,479 | €47,114 | ▲ 130% |
| Plant, machinery and equipment23 | - | - | - | €9,455 | - |
| Furniture and vehicles24 | - | - | - | €10,857 | - |
| Other tangible fixed assets26 | - | - | - | €26,802 | - |
| Financial fixed assets28 | - | - | €2,550 | €2,550 | = |
| Current assets29/58 | €14,820 | €5,147 | €14,167 | €79,977 | ▲ 465% |
| Stocks and contracts in progress3 | €6,930 | - | - | - | - |
| Amounts receivable within one year40/41 | €6,185 | €2,322 | €6,982 | €70,219 | ▲ 906% |
| Trade receivables40 | - | - | - | €10,244 | - |
| Other amounts receivable41 | - | - | - | €59,975 | - |
| Cash at bank and in hand54/58 | €997 | €2,400 | €5,961 | €8,303 | ▲ 39.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,455 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €30,267 | €19,516 | €37,196 | €129,640 | ▲ 249% |
| Equity10/15 | -€34,056 | -€35,723 | -€15,658 | €37,044 | ▲ 337% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€59,056 | -€60,723 | -€40,658 | €12,044 | ▲ 130% |
| Amounts payable17/49 | €64,323 | €55,239 | €52,853 | €92,596 | ▲ 75.2% |
| Amounts payable after more than one year17 | €16,500 | €16,500 | €16,500 | €16,500 | = |
| Other amounts payable178/9 | - | - | - | €16,500 | - |
| Amounts payable within one year42/48 | €47,823 | €38,739 | €36,353 | €75,748 | ▲ 108% |
| Trade debts44 | €30,623 | €28,681 | €25,787 | €56,277 | ▲ 118% |
| Suppliers440/4 | - | - | - | €56,277 | - |
| Taxes, remuneration and social security45 | - | - | - | €13,489 | - |
| Taxes450/3 | - | - | - | €1,568 | - |
| Remuneration and social security454/9 | - | - | - | €11,921 | - |
| Other amounts payable47/48 | - | - | - | €5,982 | - |
| Accrued charges and deferred income492/3 | - | - | - | €348 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,898 | -€1,667 | €20,065 | €52,702 | ▲ 163% |
| + Depreciation and write-downs630 | €3,580 | €4,078 | €5,155 | €9,534 | ▲ 85.0% |
| Operating cash flow (approximation) | -€20,318 | €2,411 | €25,220 | €62,236 | ▲ 147% |
| Investment in fixed assets (approximation) | - | -€3,000 | -€13,815 | -€36,169 | ▼ 162% |
| Change in cash | - | €1,403 | €3,561 | €2,341 | ▼ 34.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
19-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 12-12-2023
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €52,702 ▲163%
Operating result €54,055, net result €52,702, both a record.
30-06
Financial
Liquidity triplescurrent ratio 1.06
Current ratio from 0.39 to 1.06.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €20,065
Net result €20,065 after 2 loss-making years.
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Registered office, Hoogstraten · 1 establishment unit since 2016
Ground area
413 m²
Building footprint
412 m²
Volume, LiDAR
3,096 m³
Parcel 13014E0165/00V000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Riverkwai BVBA
since 20162.254.822.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014E0165/00V000 | Flanders | 413 m² | 1 · 412 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
12-12-2023 → present |
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,653 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-2016
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.