Bankrupt · Opening faillissement (CBE)

LUNCH GARDEN

BE0447668559

Rechtspersoon General partnership 41 establishments

LUNCH GARDEN is a hospitality business in Evere. General partnership, started on 26 June 1992, 41 establishments.

Olympiadenlaan 2, 1140 Evere

Start date

26 June 1992

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2021.

  • Busy address KBO

    14 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

LUNCH GARDEN from Evere, company number BE0447668559, closed financial year 2023 with a result of € -7.4 million after tax. For that financial year LUNCH GARDEN recorded revenue of € 91.7 million and equity of € -43.7 million. Compared with financial year 2022, the result moved from € -6.2 million to € -7.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2024.

What it is worth Caution

€ -43.7 million

▼ € 7.4 million vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7.4 million

▼ 19 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 2.6 million

▲ 2% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -64.2 million.

People and assets in 2023

Full-time equivalents

740.2

▲ 1.6 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 35.8 million

▲ 16% vs 2022

€ 48,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3.2 million

▲ 26% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 1066 years to go

€ 39.6 million

▲ 7% vs 2022

€ 37,128 is repaid this year. At this pace the long-term loan is gone in ≈ 1066 years.

Owed to suppliers

€ 12.7 million

▲ 17% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.

Taxes and wages

€ 19.7 million

▲ 2% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 42,108,372 € 78,391,621 € 91,712,039 ▲ 17%
Profit after taxes € -13,002,731 € -6,231,510 € -7,415,718 ▼ € 1.2 million
Equity € -30,072,568 € -36,304,077 € -43,719,796 ▼ € 7.4 million
Total debts € 65,745,217 € 74,167,173 € 76,115,773 ▲ 3%
Cash € 3,935,239 € 2,581,072 € 2,629,282 ▲ 2%
Retained profit € -50,527,164 € -56,758,674 € -64,174,392 ▼ € 7.4 million
Bank debt € 34,224,701 € 36,912,940 € 39,595,764 ▲ 7%
Balance sheet total € 39,025,628 € 41,025,101 € 34,599,950 ▼ 16%
Employees (FTE) 692.7 738.6 740.2 ▲ 1.6

Key figures of LUNCH GARDEN, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to LUNCH GARDEN?

What happened at LUNCH GARDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LUNCH GARDEN is active according to the CBE. Legal situation: Opening faillissement.

  • Stephan Brouwers BV stepped down as director. NBB
  • Caroline Breuer BV stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 7.4 million. Source: NBB ↗
  • Caroline Breuer BV became a director. NBB
  • Lunch Garden Holding NV stepped down as director. NBB
  • Lunch Garden Holding NV became a director. NBB
  • Business For Growth BV stepped down as director. NBB
  • New establishment in Evere. KBO

In short

From € 13 million loss in 2021 to € 7.4 million loss in 2023.

Paid € 45,899 in corporate taxes since 2021.

Pays suppliers within 73 days on average.

Management

The stake of Lunch Garden Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LUNCH GARDEN

The shares are held by Lunch Garden Holding (100%).

Directors

According to the 2023 annual accounts

Business For Growth BV

Director · represented by Ann Biebuyck

Also active at: VANDER ZIJPEN, Q-group, Lunch Garden Holding, BISTRO GARDEN

since 2020 · until 2024

Lunch Garden Holding NV

Director · represented by Peter Lockhead

since 2024 · until 2024

Stephan Brouwers BV

Director · represented by Stephan Brouwers

Also active at: Lunch Garden Holding, BISTRO GARDEN

since 2021 · until 2026

Caroline Breuer BV

Director · represented by Caroline Breuer

Also active at: Lunch Garden Holding, BISTRO GARDEN

since 2024 · until 2026

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Olympiadenlaan 2

1140 Evere

2.058.477.679

Nieuwstraat 111

1000 Brussel

Active since 11 August 1992

2.058.477.976

Vorstlaan 240

1160 Oudergem

Active since 11 August 1992

2.058.478.174

Paul Gilsonlaan 455 box 3

1620 Drogenbos

Active since 11 August 1992

2.058.478.273

Wezembeeklaan 114

1950 Kraainem

Active since 11 August 1992

2.136.892.083

Chaussée de Mons 20

1400 Nivelles

Active since 4 May 2004

2.136.892.479

Boulevard Walter de Marvis(TOU) 22

7500 Tournai

Active since 4 May 2004

2.136.893.568

Chaussée de Charleroi 579

1410 Waterloo

Active since 4 May 2004

2.136.893.667

Turnhoutsebaan 5

2110 Wijnegem

Active since 4 May 2004

2.136.893.964

Kuringersteenweg 491A

3511 Hasselt

Active since 4 May 2004

2.136.894.162

Ringlaan(Kor) 34

8500 Kortrijk

Active since 4 May 2004

2.136.894.459

Rue Jean Jaurès 33

4430 Ans

Active since 4 May 2004

2.136.894.855

Chaussée de Ghlin --

7000 Mons

Active since 4 May 2004

2.136.895.647

Avenue Prince de Liège(JB) 57

5100 Namur

Active since 4 May 2004

2.136.898.320

Lintsesteenweg 4

2500 Lier

Active since 4 May 2004

2.136.898.914

Albertlaan 80

9400 Ninove

Active since 4 May 2004

2.136.899.310

Rue de Liège 16

4100 Seraing

Active since 4 May 2004

2.136.904.456

Kortrijksesteenweg 1133 box C

9051 Gent

Active since 5 May 2004

2.136.904.753

Bredabaan 967 box 1

2900 Schoten

Active since 5 May 2004

2.136.905.149

Leuvensesteenweg 110

3290 Diest

Active since 5 May 2004

2.136.905.743

Parklaan 80

2300 Turnhout

Active since 5 May 2004

2.136.908.020

Rue des Naiveux -

4040 Herstal

Active since 5 May 2004

2.136.908.614

Antwerpsesteenweg 745

9040 Gent

Active since 5 May 2004

2.136.908.812

Avenue Wilson 510

7012 Mons

Active since 5 May 2004

2.136.909.604

Rue de la Station -

6110 Montigny-le-Tilleul

Active since 5 May 2004

2.136.909.703

Zemstbaan 240

2800 Mechelen

Active since 5 May 2004

2.136.910.097

Vlinderlaan 1

3360 Bierbeek

Active since 5 May 2004

2.136.910.493

Rue de Maire(FRY) 6

7503 Tournai

Active since 5 May 2004

2.136.910.790

Marche, Chaussée de Liège 41

6900 Marche-en-Famenne

Active since 5 May 2004

2.136.911.681

Terbekehofdreef 1

2610 Antwerpen

Active since 5 May 2004

2.136.912.671

Chaussée de Redemont(PIE) 21

7100 La Louvière

Active since 5 May 2004

2.136.912.968

Maalse Steenweg 342

8310 Brugge

Active since 4 May 2004

2.136.913.760

Rue Tahon 10

6041 Charleroi

Active since 5 May 2004

2.136.914.552

Boulevard de l'Europe 47

1300 Wavre

Active since 5 May 2004

2.136.914.750

Rue de la Clef 34

4621 Fléron

Active since 5 May 2004

2.174.021.606

Blankenbergse Steenweg 420 box 0103

8000 Brugge

Active since 22 October 2008

2.200.556.054

Lammerdries-Winkelstraat 4 box D1

2250 Olen

Active since 15 October 2011

2.200.557.638

Rue d'Arlon 220

6780 Messancy

Active since 1 December 2011

2.222.813.792

Chaussée de Tongres 269-271

4000 Liège

Active since 25 October 2013

2.271.715.551

Imeldalaan 9

2820 Bonheiden

Active since 1 March 2018

2.275.236.849

Liersesteenweg 435

2800 Mechelen

Active since 1 April 2018

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0447.668.559
VAT number
BE 0447.668.559
Registered office
Olympiadenlaan 2, 1140 Evere
Names & denominations
LUNCH GARDEN
Enterprise type
Rechtspersoon
Legal form
General partnership
Legal situation
Opening faillissement
Start date
26 June 1992
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

Frequently asked questions

What does LUNCH GARDEN do?
LUNCH GARDEN is a hospitality business in Evere. General partnership, started on 26 June 1992, 41 establishments.
What is the address of LUNCH GARDEN?
The registered office of LUNCH GARDEN is located at Olympiadenlaan 2, 1140 Evere.
Is LUNCH GARDEN still active?
No. The CBE lists LUNCH GARDEN with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LUNCH GARDEN registered on Peppol?
Yes, LUNCH GARDEN is registered on the Peppol network with ID 0208:0447668559.
What is the enterprise number of LUNCH GARDEN?
The enterprise number of LUNCH GARDEN is BE0447668559.
When was LUNCH GARDEN founded?
LUNCH GARDEN was founded on 26 June 1992.