TRAITOREL
Open bankruptcyA bankruptcy procedure is open for TRAITOREL according to publications in the Belgian State Gazette; curator: GUY KELDER. The file additionally contains 3 judicial reorganisations. The 2024 annual accounts show negative equity (€-538k) and a net result of €-124k.
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 30-06-2024 was due by 31-01-2025 and was filed on 22-02-2025, 22 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
22 d late
2023
12 d early
2022
on the day
2021
35 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€700k▼ 25.5%
2023 · €939k
2019: €660k
2020: €372k
2021: €210k
2022: €1.04M
2023: €939k
2019 → 2024
EBIT margin
-16.8%▼ 8.7pp
2023 · -8.2%
2019: -6.1%
2020: -9.2%
2021: -25.5%
2022: -4.7%
2023: -8.2%
2019 → 2024
Net result
€-124k▼ 45.2%
2023 · €-86k
2019: €-56k
2020: €-42k
2021: €-66k
2022: €-61k
2023: €-86k
2019 → 2024
Working capital
€-449k▼ 27.1%
2023 · €-353k
2019: €-153k
2020: €-171k
2021: €-224k
2022: €-290k
2023: €-353k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€372k-€210k▼ 43.4%€1.04M▲ 393%€939k▼ 9.5%€700k▼ 25.5%
Equity€-201k-€-267k▼ 32.7%€-328k▼ 22.8%€-414k▼ 26.1%€-538k▼ 30.1%
Operating result€-34k-€-54k▼ 56.5%€-48k▲ 9.6%€-77k▼ 58.6%€-118k▼ 53.5%
Net result€-42k-€-66k▼ 58.6%€-61k▲ 7.4%€-86k▼ 40.6%€-124k▼ 45.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €118k in 2024 against €77k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91k
Fixed assets
€25k▼ 16.1%
Current assets
€66k▲ 55.5%
Key figures and ratios
EBITDA
€-110k▼
2023 · €-65k
Cash flow
€-117k▼
2023 · €-74k
Solvency
-590.2%▼
2023 · -570.7%
Current ratio
0.13▲
2023 · 0.11
Quick ratio
0.10▲
2023 · 0.06
Debt / equity
-1.17▲
2023 · -1.18
ROA
-136.4%▼
2023 · -118.2%
Interest coverage
-16.67▼
2023 · -7.24
Debt
€630k▲
2023 · €486k
Debt ≤ 1 year
€515k▲
2023 · €396k
Debt > 1 year
€101k▲
2023 · €91k
Staff costs
€274k▼
2023 · €385k
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€73k€91k▲
Fixed assets21/28€30k€25k▼
Tangible fixed assets22/27€27k€22k▼
Plant, machinery and equipment23€14k€11k▼
Furniture and vehicles24€13k€11k▼
Financial fixed assets28€3k€3k=
Current assets29/58€42k€66k▲
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€16k€27k▲
Trade receivables40€16k€26k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€10k€23k▲
Equity and liabilities
Total equity and liabilities10/49€73k€91k▲
Equity10/15€-414k€-538k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€-433k€-557k▼
Amounts payable17/49€486k€630k▲
Amounts payable after more than one year17€91k€101k▲
Other amounts payable178/9€91k€101k▲
Amounts payable within one year42/48€396k€515k▲
Trade debts44€68k€66k▼
Suppliers440/4€68k€66k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€153k€278k▲
Taxes450/3€76k€139k▲
Remuneration and social security454/9€77k€139k▲
Other amounts payable47/48€172k€169k▼
Accrued charges and deferred income492/3-€14k
Income statement
Code20232024
Turnover70€939k€700k▼
Non-recurring operating income76A€135k-
Goods, raw materials, services and sundry goods60/61€765k€559k▼
Remuneration, social security and pensions62€385k€274k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€7k▼
Other operating charges640/8€8k€3k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€330k€167k▼
Operating profit (loss)9901€-77k€-118k▼
Financial income75/76B-€70
Recurring financial income75-€70
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€-86k€-124k▼
Profit (loss) for the period9904€-86k€-124k▼
Profit (loss) for the period to be appropriated9905€-86k€-124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-433k€-557k▼
Profit (loss) brought forward from the previous period14P€-347k€-433k▼
Social balance
Average headcount (FTE)908712.712.7=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL TRAITOREL SQUARE DU VIEUX TILLEUL 12, 1050 IXELLES · event 18-04-2025
22-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
24-01
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · 20240181 · event 08-01-2025
2024
30-06
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-10
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20220045 · event 12-10-2022
06-07
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 29-06-2022
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 281 days late
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
2016
05-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 2 establishment units since 2010
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.
Oude-Lindesquare 121050 ElseneGround area
1,652 m²
Building footprint
1,133 m²
Volume, LiDAR
7,302 m³
2 parcels, Brussels · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
L'AUBERGE DE BOENDAEL
since 20102.185.726.635
Le Crabe Fantôme
since 20212.316.624.274
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0153/00G000 | Brussels | 1,185 m² | 1 · 670 m² | 15.9 m · 2 fl. |
| 21017D0055/00B009 | Brussels | 467 m² | 1 · 462 m² | 13.6 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
18-04-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.185.726.635
Similar companies · same sector, comparable size
DE TITAANTJES
BE 0442.086.408
Antwerpen · FTE 12.7
LIRE
BE 0453.726.804
Mechelen · FTE 12.7
LA FORET
BE 0476.317.510
Overijse · FTE 12.7
The Lodge Theater
BE 0663.743.185
Leuven · FTE 12.7
BARNABA
BE 0679.577.446
Beringen · FTE 12.7
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 2,521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-06-2009
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.