The Domaines Kilger Gastro GmbH from Leibnitz, including the "Jaglhof" and the "Stupperhof," is insolvent. This also includes a direct sales operation and other gastronomic services. A continuation is being sought. 14 employees and about 43 creditors are affected.

An offer of a 20 percent quota within two years is being made. The cause was cited as the "challenging market environment of recent years." In particular, the gastronomy and tourism sectors have been affected by significant structural changes. Rising energy and raw material costs, as well as persistently high inflationary pressure, have led to significantly increased operating costs, which often could not be fully passed on to guests.

High balance sheet losses also in previous years

Additionally, there is a change in consumer behavior: guests have recently reacted more price-sensitively, reduced spending on upscale gastronomy, and consumed more cautiously overall. Furthermore, uncertainties in the economic environment and generally weaker predictability in tourism have led to fluctuating occupancy rates, it was further stated in the explanation.

In numbers, this means that the assets amount to around 67,500 euros, while the liabilities are at 950,000 euros, according to the credit protectors from Creditreform, AKV, and KSV1870. However, there is also about 8.8 million euros owed to affiliated companies. According to AKV, it is noteworthy that by the end of 2024, a balance sheet loss of around 11.5 million euros is already reported, and there were significant losses in the two years prior as well. The insolvency administrator will therefore have to carefully examine when the insolvency actually occurred.

(APA/Red)

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