Bankrupt · Opening faillissement (CBE)

Rust Roest

BE0693667982

Rechtspersoon Private limited company 1 establishment

Rust Roest is a hospitality business in Poperinge. Private Limited, started on 28 March 2018, 1 establishment.

Lindestraat 2, 8972 Poperinge

Behind the company: Klaas TIMPERMAN, Stephanie DELCROIX.

Start date

28 March 2018

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 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 3 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Rust Roest from Poperinge, company number BE0693667982, closed financial year 2022 with a result of € -29,025 after tax. For that financial year Rust Roest recorded a gross margin of € 73,705 and equity of € -53,592. Compared with financial year 2021, the result moved from € -242 to € -29,025. 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 September 1, 2023.

What it is worth Caution

€ -53,592

▼ € 29,025 vs 2021

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

Loss Caution

€ -29,025

▼ 11917 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 3,656

▲ € 3,340 vs 2021

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 € -72,192.

People and assets in 2022

Wage cost

€ 43,683

▲ 241% vs 2021

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

€ 15,592

▲ 110% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 10 years to go

€ 453,957

▲ 101% vs 2021

€ 45,415 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 9,666

▼ 77% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,365

▲ € 22,236 vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 47,442 € 73,705 ▲ 55%
Profit after taxes € -242 € -29,025 ▼ € 28,783
Equity € -24,568 € -53,592 ▼ € 29,025
Total debts € 288,563 € 589,536 ▲ 104%
Cash € 316 € 3,656 ▲ € 3,340
Land & buildings € 193,925 € 423,155 ▲ 118%
Retained profit € -43,168 € -72,192 ▼ € 29,025
Bank debt € 225,682 € 453,957 ▲ 101%
Balance sheet total € 263,995 € 535,943 ▲ 103%

Key figures of Rust Roest, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Rust Roest?

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

Rust Roest is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 29,025. filed late Source: NBB ↗
  • Stephanie DELCROIX became a director. NBB
  • New establishment in Poperinge. KBO
  • Klaas TIMPERMAN became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 242 loss in 2021 to € 29,025 loss in 2022.

Management

Klaas TIMPERMAN Stephanie DELCROIX
Rust Roest

Behind Rust Roest are Klaas TIMPERMAN and Stephanie DELCROIX.

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Directors

According to the 2022 annual accounts

Klaas TIMPERMAN

Director

since 2018

Stephanie DELCROIX

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Lindestraat 2

8972 Poperinge

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

Details

Company number
0693.667.982
VAT number
BE 0693.667.982
Registered office
Lindestraat 2, 8972 Poperinge
Names & denominations
Rust Roest
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
28 March 2018
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does Rust Roest do?
Rust Roest is a hospitality business in Poperinge. Private Limited, started on 28 March 2018, 1 establishment.
What is the address of Rust Roest?
The registered office of Rust Roest is located at Lindestraat 2, 8972 Poperinge.
Is Rust Roest still active?
No. The CBE lists Rust Roest 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 Rust Roest registered on Peppol?
No, Rust Roest is currently not registered on the Peppol network.
What is the enterprise number of Rust Roest?
The enterprise number of Rust Roest is BE0693667982.
When was Rust Roest founded?
Rust Roest was founded on 28 March 2018.