Active BE 0526.990.310Private limited company (pre-2019)Open bankruptcy

Vanderleen Joren

Cyriel De Grootelaan 15 ·8430 Middelkerke, Belgium· 13 yrs active

Sector: Activiteiten van eetgelegenheden met volledige bediening (56111)

Conclusion Checked

A bankruptcy procedure is open for Vanderleen Joren according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-51k) and a net result of €35k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-51k
Net result	€35k
Staff (FTE)	1
Better than sector	13%

Financial profile 5 of 5 axes measured · computed by Checked

25 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 67

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

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 2021 · computed

0 / 100 Critical

050100

Computed from 4 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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 18-04-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-76.8%	22.3%	better than 13% of 2241 sector peers
Net result	€35k	€3k	better than 85% of 2236 sector peers
Equity	€-51k	€13k	better than 10% of 2248 sector peers
Gross operating margin	€55k	€30k	better than 64% of 2223 sector peers
Staff costs	€19k	€27k	higher than 42% of 1402 sector peers

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

EBITDA

€25k

- 18-21

Net profit

€35k

- 18-21

Cash flow

€-116k

-4.3% 18-21

Total assets

€66k

+28.2% 18-21

Equity

€-51k

+40.5% 18-21

Working capital

€50k

+1398.1% 18-21

Employees (FTE)

1

-28.6% 18-21

Staff costs

€19k

- 18-21

Show 10 other metrics

Income taxes

€338

- 18-21

Debt

€117k

-14.6% 18-21

Debt ≤ 1y

€17k

-36.4% 18-21

Debt > 1y

€101k

-9.5% 18-21

Current ratio

4.02

+256.0% 18-21

Quick ratio

4.02

+328.6% 18-21

Solvency

-76.8%

+53.6% 18-21

Debt / equity

-2.30

-77.0% 18-21

ROE

-68.1%

- 18-21

ROA

52.3%

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€35k
Cash flow	-
Staff costs	€19k
Income taxes	-
Dividends	-
Total assets	€66k
Equity	€-51k
Debt	€117k
of which ≤ 1y	€17k
of which > 1y	€101k
Working capital	€50k
Employees (FTE)	1.0

Ratios (computed)

	2021
Current ratio	4.02
Quick ratio	4.02
Working capital ratio	75.1%
Solvency	-76.8%
Debt / equity	-2.30
Long-term debt ratio	-1.98
Interest coverage	-
Gross margin	-
Net margin	-
ROA	52.3%
ROE	-68.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts (19 line items)

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

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€66k
Current assets	29/58	€66k
Amounts receivable within one year	40/41	€56k
Cash & bank	54/58	€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€66k
Equity	10/15	€-51k
Contributions / capital	10/11	€49k
Accumulated profits (losses)	14	€-99k
Amounts payable	17/49	€117k
Amounts payable after one year	17	€101k
Amounts payable within one year	42/48	€17k
Trade debts payable within one year	44	€12k
Income statement
Gross operating margin	9900	€55k
Operating result	9901	€35k
Financial income	75	€41
Financial charges	65	€561
Result before taxes	9903	€35k
Net result for the period	9904	€35k
Result to be appropriated	9905	€35k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	LIESBETH TOMMELEIN RIETSTRAAT 11, 8400 OOSTENDE	17-11-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met volledige bediening(56111)
Legal form	Private limited company (pre-2019)(015)
Incorporation	23-04-2013
Status	Active
Postal code	8430
First BS signal	25-11-2022
Latest BS signal	25-11-2022

Establishment units 1 location

De Molen

Cyriel De Grootelaan 15, 8430 MiddelkerkeVerkoop van maaltijden aan boord van schepen en restauratiewagens

since 20132.218.530.352

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35011B0001/00M019	Flanders	513 m²	1 · 259 m²	15.4 m · 4 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 8 events

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

2022

25-11-2022

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oostende · VANDERLEEN JOREN BV CYRIEL DE GROOTELAAN 15/0401, 8430 MIDDELKERKE · event 17-11-2022

18-04-2022