Bankrupt · Opening faillissement (CBE)

PLANET BUSINESS

BE0780432504

Rechtspersoon Private limited company 2 establishments

PLANET BUSINESS is a hospitality business in Izegem. Private Limited, started on 13 January 2022, 2 establishments.

Grote Markt 35, 8870 Izegem

Behind the company: Mohammad Miya.

Start date

13 January 2022

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 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

PLANET BUSINESS from Izegem, company number BE0780432504, closed financial year 2024 with a result of € -63,067 after tax. For that financial year PLANET BUSINESS recorded a gross margin of € 21,247 and equity of € -31,812. Compared with financial year 2023, the result moved from € 10,184 to € -63,067. 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 October 17, 2025.

What it is worth Caution

€ -31,812

▼ € 63,067 vs 2023

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

Loss Caution

€ -63,067

▼ still € 10,184 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 2,253

▼ 40% vs 2023

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 € -51,812.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 71,757

▲ 117% vs 2023

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

€ 1,956

▲ 96% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 8 years to go

€ 45,326

▼ 22% vs 2023

€ 4,693 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 6,445

▲ 150% vs 2023

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

Taxes and wages

€ 14,450

▲ 57% vs 2023

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 21,868 € 54,770 € 21,247 ▼ 61%
Profit after taxes € 1,071 € 10,184 € -63,067 ▼ € 73,251
Equity € 21,071 € 31,255 € -31,812 ▼ € 63,067
Total debts € 57,959 € 70,068 € 83,549 ▲ 19%
Cash - € 3,768 € 2,253 ▼ 40%
Retained profit € 1,071 € 11,255 € -51,812 ▼ € 63,067
Bank debt € 47,168 € 58,279 € 45,326 ▼ 22%
Balance sheet total € 79,029 € 101,322 € 51,736 ▼ 49%

Key figures of PLANET BUSINESS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to PLANET BUSINESS?

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

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

  • New annual accounts for financial year 2024: loss of € 63,067 (▼ € 73,251 vs 2023). filed late Source: NBB ↗
  • New establishment in Dendermonde. KBO
  • New establishment in Izegem. KBO
  • Mohammad Miya became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 1,071 profit in 2022 to € 63,067 loss in 2024.

Paid € 113 in corporate taxes since 2022.

Best year ever: 2023, with € 10,184 profit.

Management

Mohammad Miya
PLANET BUSINESS

Behind PLANET BUSINESS is Mohammad Miya. Mohammad Miya is also behind Fishtail and Faits Divers Belgium.

See the full network in the app

Directors

According to the 2024 annual accounts

Mohammad Miya

Administrator-manager

Also active at: Fishtail, Faits Divers Belgium

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Markt 35

8870 Izegem

2.351.672.552

Franz Courtensstraat (DEN) 31a

9200 Dendermonde

Active since 1 November 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0780.432.504
VAT number
BE 0780.432.504
Registered office
Grote Markt 35, 8870 Izegem
Names & denominations
PLANET BUSINESS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
13 January 2022
Peppol
Active · Active since 4 Feb 2026
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does PLANET BUSINESS do?
PLANET BUSINESS is a hospitality business in Izegem. Private Limited, started on 13 January 2022, 2 establishments.
What is the address of PLANET BUSINESS?
The registered office of PLANET BUSINESS is located at Grote Markt 35, 8870 Izegem.
Is PLANET BUSINESS still active?
No. The CBE lists PLANET BUSINESS 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 PLANET BUSINESS registered on Peppol?
Yes, PLANET BUSINESS is registered on the Peppol network with ID 0208:0780432504.
What is the enterprise number of PLANET BUSINESS?
The enterprise number of PLANET BUSINESS is BE0780432504.
When was PLANET BUSINESS founded?
PLANET BUSINESS was founded on 13 January 2022.