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Complete company report
Generated 23-08-2026
Active BE 0699.920.128Private limited company (pre-2019)Open bankruptcy

BASED ON A TRUE STORY

Terbeeksestraat 2 ·2321 Hoogstraten, Belgium· 8 yrs active
Conclusion Checked

A bankruptcy procedure is open for BASED ON A TRUE STORY according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-4k) and a net result of €-579.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-4k
Net result €-579
Active 8 yrs
Board 1
Financial profile 4 of 5 axes measured · computed by Checked
Health0Profitability69Solvency33Growth-Stability0
26 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 69
Solvency 33
Growth -
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2021 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 02-02-2023 with the NBB · fiscal year 2021 · micro
Fiscal year2021
Depositmicro
Revenue-
EBITDA€-226
Net profit€-579
Cash flow€-333
Staff costs-
Income taxes-
Dividends-
Total assets€270
Equity€-4k
Debt€4k
of which ≤ 1y€4k
of which > 1y-
Working capital€-4k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.06
Quick ratio0.06
Working capital ratio-1554.5%
Solvency-1554.5%
Debt / equity-1.06
Long-term debt ratio-
Interest coverage-2.10
Gross margin-
Net margin-
ROA-214.7%
ROE13.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (15 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€270
Current assets 29/58€270
Amounts receivable within one year 40/41€270
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€270
Equity 10/15€-4k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-14k
Amounts payable 17/49€4k
Amounts payable within one year 42/48€4k
Income statement
Gross operating margin 9900€-125
Operating result 9901€-472
Financial charges 65€107
Result before taxes 9903€-579
Net result for the period 9904€-579
Result to be appropriated 9905€-579
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • STOK ARIE
    Director
    State Gazette act 22102594 (26-08-2022)
    Current
    26-08-2022 → present
Former directors (1)
  • VAN GULIK NADINE
    Director
    State Gazette act 22102594 (26-08-2022)
    Former
    - → 26-08-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator MICHIEL ROETS
RUBENSSTRAAT 165 BUS 2, 2300 TURNHOUT
 30-07-2024 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation13-07-2018
StatusActive
Postal code2321
First BS signal 05-08-2024
Latest BS signal 05-08-2024
Establishment units 1 location
BASED ON A TRUE STORY
Minderbroedersrui 13, 2000 AntwerpenDetailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels
since 20182.280.395.962
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13020C0539/00Y000 Flanders 1,016 m² 1 · 190 m² 9.0 m · 2 fl.
11002A0659/00K000 Flanders 784 m² 1 · 245 m² 19.3 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
05-08-2024
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · BASED ON A TRUE STORY BV TERBEEKSESTRAAT 2 A, 2321 MEER · event 30-07-2024
2023
02-02-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
2022
26-08-2022
State Gazette act Director changes
correction
Lifecycle & Insolvency Signals1 events
05-08-2024
Bankruptcy Opening
Date: 30-07-2024 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · BASED ON A TRUE STORY BV TERBEEKSESTRAAT 2 A, 2321 MEER · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-08-05 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2022
26-08-2022 1 director appointed, 1 resigning Director changescorrection
  • STOK ARIE, Bestuurder
  • VAN GULIK NADINE, Bestuurder
Technical details 
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  "notary": {
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  },
  "act_meta": {
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    "pub_date": null,
    "filing_date": "2022-08-17",
    "act_kind_objet": "Onderwerp akte:"
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  "decisions": [
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      "body": "bijzondere_algemene_vergadering",
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  "is_correction": true,
  "subject_company": {
    "kbo": "0699.920.128",
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    "legal_form": "BV"
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  "co_filed_documents": [],
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL BASED ON A TRUE STORY
AbbreviationNL B.O.A.T.S.
Registered office
Terbeeksestraat 2 bus A
2321 Hoogstraten, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative