OPENING OF BANKRUPTCY

LUNCH GARDEN

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-7,4 M €-19,0 %over 1 year
Revenue91,7 M €+17,0 %over 1 year
Equity-43,7 M €-20,4 %over 1 year
Workforce740,2 ETP+0,2 %over 1 year

Identity

Source · BCE/KBO

LUNCH GARDEN is a General partnership incorporated in 1992. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Evere. It employs on average 740,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0447.668.559
Incorporation
26/06/1992
Legal form
General partnership
Registered office
Avenue des Olympiades 2
1140 Evere · BruxellesSee on map
Contributed capital
20 454 596,45 €
Latest accounts
31/12/2023
Average workforce
740,2 ETP
Joint committees (2)
  • 218
  • 302
Signals
Positive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

20232022202120202019
Income statement
Revenue91,7 M €78,4 M €42,1 M €37,6 M €103,3 M €
EBITDA448 k €1,1 M €-6,3 M €-14,7 M €16,9 M €
Operating result-11,3 M €-3,2 M €-10,9 M €-22,6 M €8 M €
Net result-7,4 M €-6,2 M €-13 M €-24,5 M €5 M €
Balance sheet
Equity-43,7 M €-36,3 M €-30,1 M €-17,1 M €7,4 M €
Total assets34,6 M €41 M €39 M €34,8 M €52 M €
Cash2,6 M €2,6 M €3,9 M €969,6 k €4,7 M €
Debts72 M €67,1 M €61,8 M €43,5 M €39,7 M €
Other
Workforce740,2 ETP738,6 ETP692,7 ETP743,0 ETP847,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 55 ended

Active mandates

CBJS Advisory

Director · since 01 juillet 2024 · until 27 mai 2026 · 0774.850.450

Represented by Caroline Breuer

Active
Lunch Garden Holding

Director · since 01 juin 2024 · until 30 juin 2024 · 0813.234.934

Represented by Peter Lockhead

Active
Stephan Brouwers

Director · since 01 février 2021 · until 27 mai 2026 · 0759.614.027

Represented by Stephan Brouwers

Active
Business for Growth

Director · since 25 mai 2020 · until 31 mai 2024 · 0727.594.426

Represented by Ann Biebuyck

Active

Ended mandates

Lunch Garden Holding

Director · since 01 décembre 2020 · until 31 janvier 2021 · 0813.234.934

Represented by Irmo Holslag

Ended
Zantman Financial Services

Director · since 16 septembre 2020 · until 01 décembre 2020

Represented by Jacob Peter Zantman

Ended
Business for Growth

Director · since 25 mai 2020 · until 27 mai 2026 · 0727.594.426

Represented by Ann Biebuyck

Ended
LNF CONSULT

Director · since 07 janvier 2016 · until 16 septembre 2020 · 0823.000.161

Represented by Frank Gysbrechts

Ended

Other companies at this address

Avenue des Olympiades 2 1140 Evere
CompanyCBE no.
ARC EUROPE● Active
0445.919.391
ARC EUROPE GROUP INSURANCE BROKERAGE● Active
0628.954.136
BELGIAN BUSINESS EXCELLENCE AND SUCCES TRANFER● Active
0426.169.302
BISTRO GARDEN● Bankrupt
0841.084.327
Compagnie Internationale de Participations● Active
0442.623.569
EUROPE - NET● Active
0459.979.542
EXPRA EUROPE● Active
1033.070.982
EXTENDED PRODUCER RESPONSIBILITY ALLIANCE● Active
0524.725.854
FOST PLUS● Active
0447.550.872
GARMIN BELUX● Active
0444.694.421
INGEVITY HOLDINGS● Active
0402.720.145
Lunch Garden Holding● Bankrupt
0813.234.934
SITA P2● Active
1012.061.277
Société Internationale de Télécommunications Aéronautiques● Active
0403.150.410

Full financial information

Source · NBB
202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202420/06/202309/09/202227/05/202122/09/202024/06/2019
General meeting29/07/202431/05/202324/05/202226/05/202125/08/202029/05/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202329/07/202430/07/2024DutchPDF
Full model31/12/202231/05/202320/06/2023DutchPDF
Full modelCorrection31/12/202124/05/202209/09/2022DutchPDF
Full model31/12/202124/05/202207/06/2022DutchPDF
Full model31/12/202026/05/202127/05/2021DutchPDF
Full model31/12/201925/08/202022/09/2020DutchPDF
Full model31/12/201829/05/201924/06/2019DutchPDF
Full model31/12/201730/05/201818/06/2018DutchPDF
Full model31/12/201631/05/201723/06/2017DutchPDF
Full model31/12/201525/05/201602/06/2016DutchPDF
Full model31/12/201427/05/201523/06/2015DutchPDF
Full model31/12/201328/05/201426/06/2014DutchPDF
Full modelCorrection31/12/201229/05/201302/10/2013DutchPDF
Full model31/12/201229/05/201321/08/2013DutchPDF
Full model31/12/201130/05/201218/07/2012DutchPDF
Full model31/12/201025/05/201127/06/2011DutchPDF
Full model31/12/200922/06/201026/07/2010DutchPDF
Full model30/06/200911/12/200911/01/2010DutchPDF
Full model30/06/200911/12/200911/01/2010FrenchPDF
Full model30/06/200826/11/200829/12/2008FrenchPDF
Full model30/06/200728/11/200719/12/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 55 ended

Active mandates

CBJS Advisory

Director · since 01 juillet 2024 · until 27 mai 2026 · 0774.850.450

Represented by Caroline Breuer

Active
Lunch Garden Holding

Director · since 01 juin 2024 · until 30 juin 2024 · 0813.234.934

Represented by Peter Lockhead

Active
Stephan Brouwers

Director · since 01 février 2021 · until 27 mai 2026 · 0759.614.027

Represented by Stephan Brouwers

Active
Business for Growth

Director · since 25 mai 2020 · until 31 mai 2024 · 0727.594.426

Represented by Ann Biebuyck

Active

Ended mandates

Lunch Garden Holding

Director · since 01 décembre 2020 · until 31 janvier 2021 · 0813.234.934

Represented by Irmo Holslag

Ended
Zantman Financial Services

Director · since 16 septembre 2020 · until 01 décembre 2020

Represented by Jacob Peter Zantman

Ended
Business for Growth

Director · since 25 mai 2020 · until 27 mai 2026 · 0727.594.426

Represented by Ann Biebuyck

Ended
LNF CONSULT

Director · since 07 janvier 2016 · until 16 septembre 2020 · 0823.000.161

Represented by Frank Gysbrechts

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/01/2023
    KAPITAAL - AANDELEN
    PDF
  • Other28/11/2022
    DIVERSEN
    PDF
  • Mandates24/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/04/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates05/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 01/07/2024
    nominationCaroline Breuer BV — zaakvoerder
  2. 01/06/2024
    nominationLunch Garden Holding NV — zaakvoerder
  3. 01/06/2024
    nominationStephan Brouwers BV — gedelegeerd zaakvoerder
  4. 2023
    Annual accounts 2023-7,4 M €↓
  5. 2022
    Annual accounts 2022-6,2 M €↑
  6. 08/06/2022
    revocationNathalie Borean — bijzondere lasthebber
  7. 24/05/2022
    nominationPwC Bedrijfsrevisoren BV — commissaris
  8. 2021
    Annual accounts 2021-13 M €↑
  9. 2020
    Annual accounts 2020-24,5 M €↓
  10. 2019
    Annual accounts 20195 M €↑
  11. 2018
    Annual accounts 20183,7 M €↑
  12. 2017
    Annual accounts 20172,6 M €↑
  13. 2016
    Annual accounts 20161,3 M €↓
  14. 2015
    Annual accounts 20152,8 M €↑
  15. 2014
    Annual accounts 2014-1 M €↑
  16. 2013
    Annual accounts 2013-1,2 M €↓
  17. 2012
    Annual accounts 20121,4 M €↓
  18. 2011
    Annual accounts 20112,1 M €↓
  19. 2010
    Annual accounts 20102,6 M €↑
  20. 2009
    Annual accounts 2009-4,8 M €↑
  21. 2009
    Annual accounts 2009-29,1 M €↓
  22. 2008
    Annual accounts 2008-256 k €
  23. 26/06/1992
    IncorporationGeneral partnership