Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
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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.
€ -43.7 million
▼ € 7.4 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.4 million
▼ 19 % more loss than in 2022
Profit after tax over the fiscal year.
€ 2.6 million
▲ 2% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64.2 million.
People and assets in 2023
740.2
▲ 1.6 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 3.2 million
▲ 26% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 39.6 million
▲ 7% vs 2022
€ 37,128 is repaid this year. At this pace the long-term loan is gone in ≈ 1066 years.
€ 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.
€ 19.7 million
▲ 2% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 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 GARDENThe shares are held by Lunch Garden Holding (100%).
Directors
According to the 2023 annual accounts
Director · represented by Ann Biebuyck
Also active at: VANDER ZIJPEN, Q-group, Lunch Garden Holding, BISTRO GARDEN
since 2020 · until 2024
Director · represented by Peter Lockhead
since 2024 · until 2024
Director · represented by Stephan Brouwers
Also active at: Lunch Garden Holding, BISTRO GARDEN
since 2021 · until 2026
Director · represented by Caroline Breuer
Also active at: Lunch Garden Holding, BISTRO GARDEN
since 2024 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Olympiadenlaan 2
1140 Evere
Nieuwstraat 111
1000 Brussel
Active since 11 August 1992
Vorstlaan 240
1160 Oudergem
Active since 11 August 1992
Paul Gilsonlaan 455 box 3
1620 Drogenbos
Active since 11 August 1992
Wezembeeklaan 114
1950 Kraainem
Active since 11 August 1992
Chaussée de Mons 20
1400 Nivelles
Active since 4 May 2004
Boulevard Walter de Marvis(TOU) 22
7500 Tournai
Active since 4 May 2004
Chaussée de Charleroi 579
1410 Waterloo
Active since 4 May 2004
Turnhoutsebaan 5
2110 Wijnegem
Active since 4 May 2004
Kuringersteenweg 491A
3511 Hasselt
Active since 4 May 2004
Ringlaan(Kor) 34
8500 Kortrijk
Active since 4 May 2004
Rue Jean Jaurès 33
4430 Ans
Active since 4 May 2004
Chaussée de Ghlin --
7000 Mons
Active since 4 May 2004
Avenue Prince de Liège(JB) 57
5100 Namur
Active since 4 May 2004
Lintsesteenweg 4
2500 Lier
Active since 4 May 2004
Albertlaan 80
9400 Ninove
Active since 4 May 2004
Rue de Liège 16
4100 Seraing
Active since 4 May 2004
Kortrijksesteenweg 1133 box C
9051 Gent
Active since 5 May 2004
Bredabaan 967 box 1
2900 Schoten
Active since 5 May 2004
Leuvensesteenweg 110
3290 Diest
Active since 5 May 2004
Parklaan 80
2300 Turnhout
Active since 5 May 2004
Rue des Naiveux -
4040 Herstal
Active since 5 May 2004
Antwerpsesteenweg 745
9040 Gent
Active since 5 May 2004
Avenue Wilson 510
7012 Mons
Active since 5 May 2004
Rue de la Station -
6110 Montigny-le-Tilleul
Active since 5 May 2004
Zemstbaan 240
2800 Mechelen
Active since 5 May 2004
Vlinderlaan 1
3360 Bierbeek
Active since 5 May 2004
Rue de Maire(FRY) 6
7503 Tournai
Active since 5 May 2004
Marche, Chaussée de Liège 41
6900 Marche-en-Famenne
Active since 5 May 2004
Terbekehofdreef 1
2610 Antwerpen
Active since 5 May 2004
Chaussée de Redemont(PIE) 21
7100 La Louvière
Active since 5 May 2004
Maalse Steenweg 342
8310 Brugge
Active since 4 May 2004
Rue Tahon 10
6041 Charleroi
Active since 5 May 2004
Boulevard de l'Europe 47
1300 Wavre
Active since 5 May 2004
Rue de la Clef 34
4621 Fléron
Active since 5 May 2004
Blankenbergse Steenweg 420 box 0103
8000 Brugge
Active since 22 October 2008
Lammerdries-Winkelstraat 4 box D1
2250 Olen
Active since 15 October 2011
Rue d'Arlon 220
6780 Messancy
Active since 1 December 2011
Chaussée de Tongres 269-271
4000 Liège
Active since 25 October 2013
Imeldalaan 9
2820 Bonheiden
Active since 1 March 2018
Liersesteenweg 435
2800 Mechelen
Active since 1 April 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
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+9 more
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