Bitter bankruptcy of a well-known 3-hat restaurant

About the assets of the Ratschens Restaurant & Wohnthek GmbH based at Am Ratschen 5 in 7474 Deutsch-Schützen, bankruptcy proceedings were opened at the Graz regional court. This is what they report KSV1870 and Credit reform. A 3-awarded restaurant including accommodation is operated. An employee is affected by the bankruptcy.

“The debtor is a 100 percent subsidiary of Domaines Kilger GmbH & Co KG, over whose assets bankruptcy proceedings were opened at the LGZ Graz on February 23, 2026.

The background

“According to the debtor, the insufficient provision and allocation of funds by the shareholder led to serious restrictions in operational business operations. Urgently required maintenance and repair work on the company building could not be carried out. The financing of marketing measures has come to a complete standstill, which had an immediate negative impact on the earnings situation,” says KSV1870.

Debts and assets

The liabilities are valued at 621,000 euros and the assets at 312,000 euros.

No future

“Operating operations were already closed for seasonal reasons in November 2025, the resumption was planned for the end of March or beginning of April 2026,” it goes on to say. “According to the debtor, it is no longer possible to continue the debtor company due to a lack of financial resources and the operation should be closed.”