DE KASTAARS
Open bankruptcyA bankruptcy procedure is open for DE KASTAARS according to publications in the Belgian State Gazette; curator: VALèRE VEREECKE.
Summary
The 2020 annual accounts show negative equity (€-47k) and a net result of €-2k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-47k▼ 4.4%
2019 · €-45k
2018: €12k
2019: €-45k
2018 → 2020
Total assets
€235k▲ 61.3%
2019 · €145k
2018: €116k
2019: €145k
2018 → 2020
Net result
€-2k▲ 96.5%
2019 · €-57k
2018: €6k
2019: €-57k
2018 → 2020
Working capital
€-113k▲ 4.7%
2019 · €-119k
2018: €-32k
2019: €-119k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€12k-€-45k€-47k▼ 4.4%
Operating result€13k-€-50k€14k
Net result€6k-€-57k€-2k▲ 96.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €14k after a loss of €50k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €235k
Fixed assets
€75k ▼ 15.5%
Current assets
€160k ▲ 182%
Key figures and ratios
EBITDA
€38k▲
2019 · €-28k
Cash flow
€22k▲
2019 · €-35k
Solvency
-20.1%▲
2019 · -31.1%
Current ratio
0.58▲
2019 · 0.32
Quick ratio
0.56▲
2019 · 0.29
Debt to equity
-0.19▲
2019 · -0.34
ROA
-0.9%▲
2019 · -39.2%
Debt
€282k▲
2019 · €191k
Debt ≤ 1 year
€273k▲
2019 · €175k
Debt > 1 year
€9k▼
2019 · €15k
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€145k€235k▲
Fixed assets21/28€89k€75k▼
Tangible fixed assets22/27€84k€68k▼
Financial fixed assets28€5k€7k▲
Current assets29/58€57k€160k▲
Stocks and contracts in progress3€6k€6k▼
Amounts receivable within one year40/41€706€149k▲
Cash at bank and in hand54/58€42k€5k▼
Equity and liabilities
Total equity and liabilities10/49€145k€235k▲
Equity10/15€-45k€-47k▼
Contributions10/11€6k-
Reserves13€6k€6k=
Profit (loss) carried forward14€-57k€-59k▼
Amounts payable17/49€191k€282k▲
Amounts payable after more than one year17€15k€9k▼
Amounts payable within one year42/48€175k€273k▲
Trade debts44€147k€25k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Gross operating margin9900€244k€162k▼
Operating profit (loss)9901€-50k€14k▲
Recurring financial income75€36€123▲
Recurring financial charges65€8k€16k▲
Profit (loss) for the period before taxes9903€-57k€-2k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-57k€-2k▲
Profit (loss) for the period to be appropriated9905€-57k€-2k▲
Timeline · acts, filings and financial milestones
2022
11-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 04-08-2022
03-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 187 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Schoten · 1 establishment unit since 2017
Ground area
577 m²
Building footprint
404 m²
Volume, LiDAR
1,798 m³
Parcel 11040D0204/00D004, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
De Kastaars
since 20172.270.151.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0204/00D004 | Flanders | 577 m² | 1 · 404 m² | 8.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
04-08-2022 → present |
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 7,541 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.