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Pizza Ararat

Open bankruptcy
Private limited companyfounded 1993Luikersteenweg 31, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0450.747.320

A bankruptcy procedure is open for Pizza Ararat according to publications in the Belgian State Gazette; curator: PATRICK BUSSERS.

Summary

The 2021 annual accounts show negative equity (€-65k) and a net result of €-9k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€-65k▼ 15.3%
2020 · €-57k
2018: €-71k 2019: €-71k 2020: €-57k
2018 → 2021
Total assets
€2k=
2020 · €2k
2018: €4k 2019: €4k 2020: €2k
2018 → 2021
Net result
€-9k
2020 · €14k
2018: €-3k 2020: €14k
2018 → 2021
Working capital
€-65k▼ 15.3%
2020 · €-57k
2018: €-8k 2019: €-8k 2020: €-57k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-71k-€-71k=€-57k▲ 19.8%€-65k▼ 15.3%
Operating result€-3k-€14k€-9k
Net result€-3k-€14k€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10kOperating result 2018: €-3k€-3kNet result 2018: €-3k€-3kOperating result 2020: €14k€14kNet result 2020: €14k€14kOperating result 2021: €-9k€-9kNet result 2021: €-9k€-9k2018201920202021€-10k€0€10kOperating result 2020: €14k€14kNet result 2020: €14k€14kOperating result 2021: €-9k€-8.7kNet result 2021: €-9k€-8.7k201920202021
The operating result turns negative in 2021: a loss of €9k after €14k in 2020, the lowest result in the available series.
Key figures and ratios
2021 value · change against 2020
Debt
€68k
2020 · €59k
Debt ≤ 1 year
€68k
2020 · €59k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2021 against 2020 · 25 lines
Balance sheet Code20202021
Assets
Total assets20/58€2k€2k=
Current assets29/58€2k€2k=
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€2k€2k=
Equity10/15€-57k€-65k
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€-133k€-142k
Amounts payable17/49€59k€68k
Amounts payable within one year42/48€59k€68k
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€58k€68k
Income statement Code20202021
Other operating charges640/8€990-
Gross operating margin9900€15k€-9k
Operating profit (loss)9901€14k€-9k
Profit (loss) for the period before taxes9903€14k€-9k
Profit (loss) for the period9904€14k€-9k
Profit (loss) for the period to be appropriated9905€14k€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-133k€-142k
Profit (loss) brought forward from the previous period14P€-147k€-133k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
11-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · PIZZA ARARAT BV LUIKER- STEENWEG 31, 3800 SINT-TRUIDEN · event 05-02-2026
2022
18-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 140 days late
26-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 422 days late
2021
31-12
Financial Weakest financial yearnet €-9k ▼162%
Net result drops to €-9k, the lowest in the series.
2020
31-12
Financial Highest result since 2018net €14k
Operating result €14k, net result €14k, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 69 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
28-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
2015
30-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 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, Sint-Truiden · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Luikersteenweg 313800 Sint-Truiden
Ground area
370 m²
Building footprint
91 m²
Volume, LiDAR
692 m³
Parcel 71353E0352/00K000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pizza Ararat
Luikersteenweg 31, 3800 Sint-TruidenLimited-service restaurants
since 19932.064.038.254
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71353E0352/00K000 Flanders 370 m² 1 · 91 m² 10.7 m · 3 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 PATRICK BUSSERS
VISSERIJSTRAAT 4, 3590 DIEPEN- BEEK
05-02-2026present

Similar companies · same sector, comparable size

Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,551 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
Founded20-08-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.