Age5 yrs
Real estate3 parcels · 1,330 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for Real Connected according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-2k) and a net result of €-3k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
2 events10-12-2025
Bankruptcy
Opening
29-09-2025
KBO administration
Address struck
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsRegister: 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 Flags
1 eventAddress struck
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-3k-4508.6%
Working capital€-2k
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 01-04-2025 with the NBB · fiscal year 2023 · micro
€-3k
-4508.6%
21-23
€5k
+469.0%
21-23
€-2k
-
21-23
€-2k
-
21-23
€7k
-
21-23
€7k
-
21-23
0.74
-
21-23
0.74
-
21-23
-36.0%
-
21-23
-3.78
-
21-23
148.9%
-
21-23
-53.5%
-710.0%
21-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-3k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5k |
| Equity | €-2k |
| Debt | €7k |
| of which ≤ 1y | €7k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.74 |
| Quick ratio | 0.74 |
| Working capital ratio | -36.0% |
| Solvency | -36.0% |
| Debt / equity | -3.78 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -53.5% |
| ROE | 148.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5k |
| Equity | 10/15 | €-2k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-6k |
| Amounts payable | 17/49 | €7k |
| Amounts payable within one year | 42/48 | €7k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-3k |
| Result before taxes | 9903 | €-3k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
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.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GREGORY WILKIN LANGE LOZANASTRAAT 262,
2018 ANTWERPEN 1 |
04-12-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 25-11-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 10-12-2025 |
| Latest BS signal | 10-12-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Establishment units
2 locationsGolden Roast Frituur
since 20202.310.481.008
Golden Roast
since 20242.363.245.543
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area1,330 m²
Buildings3
Building footprint792 m²
Volume (LiDAR)13,499 m³
Tallest building25.7 m · ±8 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0134/00Z002 | Flanders | 620 m² | 1 · 115 m² | 6.3 m · 2 fl. |
| 11312A0767/00E000 | Flanders | 589 m² | 1 · 594 m² | 25.7 m · 8 fl. |
| 11345B0200/00X014 | Flanders | 122 m² | 1 · 82 m² | 11.8 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette10-12-2025
Bankruptcy
Opening
29-09-2025
KBO administration
Address struck
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
4 acts Capital history · 2
24-07-2025
Capital change
10-10-2023
Capital change
All acts · 4
updated 1 year ago
2025
24-07-2025 Transaction in capital or shares
2024
26-06-2024 Abdelkarim Tarrahi resigns as director
- Abdelkarim Tarrahi, Bestuurder
2023
14-12-2023 Adil Nacer resigns as director
- Adil Nacer, Bestuurder
10-10-2023 Transaction in capital or shares
Notary:
hetzy van de persctoщen · Antwerpen
Analysis
Snowflake analysis
financial profile on 5 axes39
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
39
Growth
58
Stability
0
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | Real Connected |
Registration history
- 28-07-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.