Active BE 0544.702.807Private limited company (pre-2019)

AU RIAD

Plantin en Moretuslei 457 ·2140 Antwerpen, Belgium· 12 yrs active

Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)

Conclusion Checked

The KBO register records legal situation 050 for AU RIAD (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show equity of €6k and a net result of €47.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€6k
Net result	€47
Active	12 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

40 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 27

Solvency 96

Growth 52

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

0 / 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.

Trust signals 1 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.

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 2019 · computed

24 / 100 Critical

050100

Computed from 5 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 2019 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 30-11-2020 with the NBB · fiscal year 2019 · micro

RevenueOperating resultNet result

Revenue

€34k

-16.1% 18-19

EBITDA

€3k

+992.4% 18-19

Net profit

€47

- 18-19

Cash flow

€968

- 18-19

Total assets

€9k

-24.8% 18-19

Equity

€6k

+64.3% 18-19

Working capital

€2k

- 18-19

Income taxes

€74

- 18-19

Show 9 other metrics

Debt

€3k

-66.0% 18-19

Debt ≤ 1y

€3k

-66.0% 18-19

Current ratio

1.87

+113.6% 18-19

Quick ratio

1.50

+283.1% 18-19

Solvency

69.0%

+118.6% 18-19

ROE

0.8%

- 18-19

ROA

0.5%

- 18-19

Net margin

0.1%

- 18-19

EBITDA margin

10.1%

+1201.4% 18-19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	micro
Revenue	€34k
EBITDA	€3k
Net profit	€47
Cash flow	€968
Staff costs	-
Income taxes	€74
Dividends	-
Total assets	€9k
Equity	€6k
Debt	€3k
of which ≤ 1y	€3k
of which > 1y	-
Working capital	€2k
Employees (FTE)	-

Ratios (computed)

	2019
Current ratio	1.87
Quick ratio	1.50
Working capital ratio	27.0%
Solvency	69.0%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	0.1%
ROA	0.5%
ROE	0.8%
EBITDA margin	10.1%
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €4k · 42.0% Current assets €5k · 58.0%

Equity & liabilities

Equity €6k · 69.1% Debt €3k · 31.0%

Full annual accounts (19 line items)

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

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€9k
Fixed assets	21/28	€4k
Tangible fixed assets	22/27	€4k
Current assets	29/58	€5k
Stocks & contracts in progress	3	€1k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€9k
Equity	10/15	€6k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€47
Amounts payable	17/49	€3k
Amounts payable within one year	42/48	€3k
Income statement
Turnover	70	€34k
Gross operating margin	9900	€4k
Operating result	9901	€3k
Result before taxes	9903	€3k
Income taxes	67/77	€74
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company (pre-2019)(015)
Incorporation	22-01-2014
Status	Active
Postal code	2140

Establishment units 1 location

Riad Tetouan

Verkoop aan de toog of via telefoon, fax, internet van eetwaren en dranken : frietkramen, hotdogstalletjes, enz.

since 20142.226.197.015

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11006A0326/00F008	Flanders	9,291 m²	1 · 2,425 m²	34.5 m · 9 fl.
11006A0560/00C000	Flanders	139 m²	1 · 90 m²	13.1 m · 3 fl.

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.

Updates 6 events

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

2020

30-11-2020