Bankrupt · Opening faillissement (CBE)

ABBD

BE0736558810

Rechtspersoon Private limited company 2 establishments

ABBD is a hospitality business in Kortemark. Private Limited, started on 18 October 2019, 2 establishments.

Gitsstraat 35, 8610 Kortemark

Behind the company: BRECHT DECEUNINCK, ALEXANDER BERTREM.

Start date

18 October 2019

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 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 51 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ABBD from Kortemark, company number BE0736558810, closed financial year 2022 with a result of € -101,851 after tax. For that financial year ABBD recorded a gross margin of € 175,515 and equity of € -28,142. Compared with financial year 2021, the result moved from € 476 to € -101,851. 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 May 3, 2023.

What it is worth Caution

€ -28,142

▼ € 101,851 vs 2021

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

Loss Caution

€ -101,851

▼ still € 476 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 24,849

▼ 64% 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 € -48,142.

People and assets in 2022

Wage cost

€ 232,681

▲ 30% 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

€ 40,398

▲ € 33,481 vs 2021

Of which on lease € 36,000.

Debts at end 2022

Bank debt ≈ 3 years to go

€ 64,726

▲ 44% vs 2021

€ 20,362 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 155,464

▲ 52% vs 2021

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

Taxes and wages

€ 42,775

▼ 24% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 210,370 € 175,515 ▼ 17%
Profit after taxes € 476 € -101,851 ▼ € 102,327
Equity € 73,709 € -28,142 ▼ € 101,851
Total debts € 226,438 € 306,842 ▲ 36%
Cash € 68,586 € 24,849 ▼ 64%
Retained profit € 53,709 € -48,142 ▼ € 101,851
Bank debt € 44,911 € 64,726 ▲ 44%
Balance sheet total € 300,147 € 278,701 ▼ 7%

Key figures of ABBD, 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 30 April 2024.

What happened to ABBD?

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

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

  • New annual accounts for financial year 2022: loss of € 101,851 (▼ € 102,327 vs 2021). filed late Source: NBB ↗
  • New establishment in Kortemark. KBO
  • New establishment in Kortemark. KBO
  • BRECHT DECEUNINCK became a director. NBB
  • ALEXANDER BERTREM became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 476 profit in 2021 to € 101,851 loss in 2022.

Best year ever: 2021, with € 476 profit.

Management

BRECHT DECEUNINCK ALEXANDER BERTREM

Behind ABBD are BRECHT DECEUNINCK and ALEXANDER BERTREM. ALEXANDER BERTREM is also behind Brasserie 't Haantje.

Directors

According to the 2022 annual accounts

BRECHT DECEUNINCK

Director

since 2019

ALEXANDER BERTREM

Director

Also active at: Brasserie 't Haantje

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Gitsstraat 35

8610 Kortemark

2.294.762.553

Markt 16

8610 Kortemark

Active since 18 October 2019

2.312.984.992

Markt 10

8610 Kortemark

Active since 8 February 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0736.558.810
VAT number
BE 0736.558.810
Registered office
Gitsstraat 35, 8610 Kortemark
Names & denominations
ABBD
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
18 October 2019
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does ABBD do?
ABBD is a hospitality business in Kortemark. Private Limited, started on 18 October 2019, 2 establishments.
What is the address of ABBD?
The registered office of ABBD is located at Gitsstraat 35, 8610 Kortemark.
Is ABBD still active?
No. The CBE lists ABBD 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 ABBD registered on Peppol?
No, ABBD is currently not registered on the Peppol network.
What is the enterprise number of ABBD?
The enterprise number of ABBD is BE0736558810.
When was ABBD founded?
ABBD was founded on 18 October 2019.