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DE STEENSCHUIT

Open bankruptcy
KBO/BCE: BE 0454.699.772

A bankruptcy procedure is open for DE STEENSCHUIT according to publications in the Belgian State Gazette; curator: MARC KIPS.

Summary

Inactive; last annual accounts for fiscal year 2021.

DE STEENSCHUITOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
22 April 2025
Supervising judge
Christiaan Govaerts
Official Gazette
28-04-2025 (pdf) ↗search the document for 2025/117755

Deadlines

Provisional date payments stopped
22 April 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 13 May 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 22 May 2025art. XX.104 and XX.155 CEL
First verification report
passed on 20 June 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 22 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Marc KipsPaleisstraat 24, 2018 Antwerpen 1marc.kips@cgkadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-06-2022, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
38 d early
2020
19 d early
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets rose from EUR 540,593 in 2018 to EUR 758,234 in 2021 and headcount from 6.9 to 2.7 full-time equivalents.1 On 22 April 2025 DE STEENSCHUIT was declared bankrupt.2

  1. 1National Bank, annual accounts 2018 and 2021
  2. 2Belgian State Gazette, 28-04-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
-€19,399
2020 · €18,141
Total assets
€758,234▲ 48.8%
2020 · €509,429
Net result
-€41,040▲ 63.0%
2020 · -€110,897
Working capital
€255,771▼ 33.4%
2020 · €383,936
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€85,733--€18,794▲ 78.1%-€102,577▼ 446%-€40,551▲ 60.5%
Net result-€91,930--€31,904▲ 65.3%-€110,897▼ 248%-€41,040▲ 63.0%
Equity€166,904-€129,539▼ 22.4%€18,141▼ 86.0%-€19,399
Total assets€540,593-€470,115▼ 13.0%€509,429▲ 8.4%€758,234▲ 48.8%
Debt€373,688-€340,576▼ 8.9%€491,288▲ 44.3%€777,633▲ 58.3%
Working capital€336,703-€368,594▲ 9.5%€383,936▲ 4.2%€255,771▼ 33.4%
Staff (FTE)6.9-5.3▼ 23.2%3.6▼ 32.1%2.7▼ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2018: -€85,733-€85,733Net result 2018: -€91,930-€91,930Operating result 2019: -€18,794-€18,794Net result 2019: -€31,904-€31,904Operating result 2020: -€102,577-€102,577Net result 2020: -€110,897-€110,897Operating result 2021: -€40,551-€40,551Net result 2021: -€41,040-€41,0402018201920202021-€150,000-€100,000-€50,000€0Operating result 2019: -€18,794-€18,800Net result 2019: -€31,904-€31,900Operating result 2020: -€102,577-€103,000Net result 2020: -€110,897-€111,000Operating result 2021: -€40,551-€40,600Net result 2021: -€41,040-€41,000201920202021
The operating result stays negative: a loss of €40,551 in 2021 against €102,577 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €758,234
Fixed assets €19,830 ▲ 157%
Current assets €738,404 ▲ 47.2%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€34,238▲
2020 · -€91,807
Cash flow
-€34,727▲
2020 · -€100,128
Solvency
-2.6%▼
2020 · 3.6%
Current ratio
1.53▼
2020 · 4.26
Quick ratio
0.38▼
2020 · 4.25
Debt to equity
-40.09▼
2020 · 19.71
ROA
-5.4%▲
2020 · -21.8%
Interest coverage
-69.99
Debt ≤ 1 year
€482,633▲
2020 · €117,788
Debt > 1 year
€271,000▼
2020 · €357,500
Staff costs
€69,124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet Code20202021
Assets
Total assets20/58€509,429€758,234▲
Fixed assets21/28€7,706€19,830▲
Tangible fixed assets22/27€7,618€19,830▲
Plant, machinery and equipment23-€19,366
Furniture and vehicles24-€464
Financial fixed assets28€88-
Current assets29/58€501,724€738,404▲
Stocks and contracts in progress3€1,000€555,966▲
Stocks30/36-€1,000
Contracts in progress37-€554,966
Amounts receivable within one year40/41€8,683€45▼
Trade receivables40-€45
Cash at bank and in hand54/58€5,326€92,289▲
Deferred charges and accrued income490/1-€90,104
Equity and liabilities
Total equity and liabilities10/49€509,429€758,234▲
Equity10/15€18,141-€19,399▼
Profit (loss) carried forward14€18,141-€19,399▼
Amounts payable17/49€491,288€777,633▲
Amounts payable after more than one year17€357,500€271,000▼
Financial debts170/4-€271,000
Amounts payable within one year42/48€117,788€482,633▲
Current portion of amounts payable after more than one year42-€200,000
Trade debts44€105,663€87,712▼
Suppliers440/4-€87,712
Taxes, remuneration and social security45-€19,198
Remuneration and social security454/9-€19,198
Accrued charges and deferred income492/3-€24,000
Income statement Code20202021
Non-recurring operating income76A-€3,060
Remuneration, social security and pensions62-€69,124
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,769€6,313▼
Other operating charges640/8-€690
Gross operating margin9900€41,199€35,576▼
Operating profit (loss)9901-€102,577-€40,551▲
Financial income75/76B-€0
Recurring financial income75€74€0▼
Financial charges65/66B-€489
Recurring financial charges65€8,395€489▼
Profit (loss) for the period before taxes9903-€110,897-€41,040▲
Profit (loss) for the period9904-€110,897-€41,040▲
Profit (loss) for the period to be appropriated9905-€110,897-€41,040▲
Appropriation of the result
Profit (loss) to be appropriated9906--€19,399
Profit (loss) brought forward from the previous period14P-€21,641
Social balance
Average headcount (FTE)9087-2.7

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Non-recurring operating income76A---€3,060-
Remuneration, social security and pensions62---€69,124-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,596€15,807€10,769€6,313▼ 41.4%
Other operating charges640/8---€690-
Gross operating margin9900€292,256€225,193€41,199€35,576▼ 13.7%
Operating profit (loss)9901-€85,733-€18,794-€102,577-€40,551▲ 60.5%
Financial income75/76B---€0-
Recurring financial income75€1,024€5€74€0▼ 99.9%
Financial charges65/66B---€489-
Recurring financial charges65€5,918€13,116€8,395€489▼ 94.2%
Profit (loss) for the period before taxes9903-€90,627-€31,904-€110,897-€41,040▲ 63.0%
Profit (loss) for the period9904-€91,930-€31,904-€110,897-€41,040▲ 63.0%
Profit (loss) for the period to be appropriated9905-€91,930-€31,904-€110,897-€41,040▲ 63.0%
Line2018201920202021Change
Assets
Total assets20/58€540,593€470,115€509,429€758,234▲ 48.8%
Fixed assets21/28€30,201€17,945€7,706€19,830▲ 157%
Tangible fixed assets22/27€30,103€17,857€7,618€19,830▲ 160%
Plant, machinery and equipment23---€19,366-
Furniture and vehicles24---€464-
Financial fixed assets28€98€88€88--
Current assets29/58€510,392€452,170€501,724€738,404▲ 47.2%
Stocks and contracts in progress3€19,625€1,000€1,000€555,966▲ 55,497%
Stocks30/36---€1,000-
Contracts in progress37---€554,966-
Amounts receivable within one year40/41€57,469€18,096€8,683€45▼ 99.5%
Trade receivables40---€45-
Cash at bank and in hand54/58€115,867€30,072€5,326€92,289▲ 1,633%
Deferred charges and accrued income490/1---€90,104-
Equity and liabilities
Total equity and liabilities10/49€540,593€470,115€509,429€758,234▲ 48.8%
Equity10/15€166,904€129,539€18,141-€19,399▼ 207%
Profit (loss) carried forward14€160,943€129,039€18,141-€19,399▼ 207%
Amounts payable17/49€373,688€340,576€491,288€777,633▲ 58.3%
Amounts payable after more than one year17€200,000€249,000€357,500€271,000▼ 24.2%
Financial debts170/4---€271,000-
Amounts payable within one year42/48€173,688€83,576€117,788€482,633▲ 310%
Current portion of amounts payable after more than one year42---€200,000-
Trade debts44€44,429€51,845€105,663€87,712▼ 17.0%
Suppliers440/4---€87,712-
Taxes, remuneration and social security45---€19,198-
Remuneration and social security454/9---€19,198-
Accrued charges and deferred income492/3---€24,000-
Line2018201920202021Change
Profit (loss) for the period9904-€91,930-€31,904-€110,897-€41,040▲ 63.0%
+ Depreciation and write-downs630€23,596€15,807€10,769€6,313▼ 41.4%
Operating cash flow (approximation)-€68,334-€16,097-€100,128-€34,727▲ 65.3%
Investment in fixed assets (approximation)--€3,551-€530-€18,437▼ 3,379%
Change in cash--€85,794-€24,746€86,963▲ 451%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 22-04-2025
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€110,897
Net result drops to -€110,897, the lowest in the series.
08-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
17-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 32 days late
2010
04-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 4 days late
2009
24-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
31-07
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts

We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
19 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator MARC KIPS
PALEISSTRAAT 24, 2018 ANTWERPEN 1-
22-04-2025 → present