Active BE 0898.907.314Private limited company (pre-2019)Open bankruptcy

KATDESC

Visserskaai 11GV ·2000 Antwerpen, Belgium· 18 yrs active

Sector: Andere drinkgelegenheden (56309)

Conclusion Checked

A bankruptcy procedure is open for KATDESC according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-3k) and a net result of €-22k.

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

Key figures

Equity	€-3k
Net result	€-22k
Staff (FTE)	0.3
Active	18 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

28 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 10

Growth 32

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 2019 · 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 2019 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 19-08-2020 with the NBB · fiscal year 2019 · micro

Operating resultNet result

EBITDA

€-9k

-1322.8% 18-19

Net profit

€-22k

-104.0% 18-19

Cash flow

€-21k

-110.8% 18-19

Total assets

€27k

-3.2% 18-19

Equity

€-3k

- 18-19

Working capital

€-6k

- 18-19

Employees (FTE)

0

- 18-19

Debt

€30k

+50.8% 18-19

Show 6 other metrics

Debt ≤ 1y

€30k

+50.8% 18-19

Current ratio

0.80

-35.0% 18-19

Quick ratio

0.66

-27.7% 18-19

Solvency

-10.0%

- 18-19

ROE

791.2%

- 18-19

ROA

-79.3%

-110.8% 18-19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	micro
Revenue	-
EBITDA	€-9k
Net profit	€-22k
Cash flow	€-21k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€27k
Equity	€-3k
Debt	€30k
of which ≤ 1y	€30k
of which > 1y	-
Working capital	€-6k
Employees (FTE)	0.3

Ratios (computed)

	2019
Current ratio	0.80
Quick ratio	0.66
Working capital ratio	-22.3%
Solvency	-10.0%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-79.3%
ROE	791.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €3k · 12.3% Current assets €24k · 87.7%

Full annual accounts (23 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	€27k
Fixed assets	21/28	€3k
Tangible fixed assets	22/27	€1k
Financial fixed assets	28	€2k
Current assets	29/58	€24k
Stocks & contracts in progress	3	€4k
Amounts receivable within one year	40/41	€13k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€27k
Equity	10/15	€-3k
Contributions / capital	10/11	€19k
Reserves	13	€200
Accumulated profits (losses)	14	€-22k
Amounts payable	17/49	€30k
Amounts payable within one year	42/48	€30k
Trade debts payable within one year	44	€10k
Income statement
Gross operating margin	9900	€3k
Operating result	9901	€-10k
Financial income	75	€56
Financial charges	65	€1k
Result before taxes	9903	€-11k
Net result for the period	9904	€-11k
Result to be appropriated	9905	€-11k

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.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	SILVY STERCKX ANDRE HERMANSLAAN 16, 2100 DEURNE (ANTWERPEN)	15-07-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Andere drinkgelegenheden(56309)
Legal form	Private limited company (pre-2019)(015)
Incorporation	27-06-2008
Status	Active
Postal code	2000
First BS signal	22-07-2021
Latest BS signal	22-07-2021

Establishment units 1 location

Pig's Café

Visserskaai 11, 2000 AntwerpenCafés en bars

since 20082.172.547.305

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.
11811L3956/00A000	Flanders	53 m²	-	-

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 11 events

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

2021

22-07-2021

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KATDESC BVBA VISSERS- KAAI 11/GV, 2000 ANTWERPEN 1 · event 15-07-2021

2020

19-08-2020