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STADSPARK

Open bankruptcy
Public limited companyfounded 1993Parklaan 56, 2300 Turnhout, BelgiumKBO/BCE: BE 0450.249.551
Summary

A bankruptcy procedure is open for STADSPARK according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure and 1 judicial reorganisation. The 2024 annual accounts show equity of €13,587 and a net result of €247,462.

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, Turnhout division
Declared bankrupt
2 December 2025
Supervising judge
Kurt Bomhals
Official Gazette
08-12-2025 (pdf) ↗search the document for 2025/150707

Deadlines

Provisional date payments stopped
2 December 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 23 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 1 January 2026art. XX.104 and XX.155 CEL
First verification report
passed on 13 January 2026Goods 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
2 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

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

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2937 sector peers (2024).
NBB · sector comparison
Position among 2937 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
22 d late
2023
29 d late
2022
71 d late
2021
30 d late
2020
796 d late
2019
1167 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 353 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed 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

STADSPARK was incorporated on 4 June 1993.1 Total assets rose from EUR 1.6 million in 2018 to EUR 2 million in 2024 and headcount from 21.8 to 20.9 full-time equivalents.2 On 2 December 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 08-12-2025

Go further with this company

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

Financials · fiscal year 2024, abbreviated schema

Equity
€13,587
2023 · -€233,874
Total assets
€2.0m▲ 7.4%
2023 · €1.9m
Net result
€247,462
2023 · -€91,784
Working capital
€192,255
2023 · -€8,091
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€52,050▼ 844%€123,244€8,519▼ 93.1%€184▼ 97.8%€125,196▲ 68,049%
Net result-€51,599below the sector's middle half▲ 42.4%€68,127within the sector's middle half-€57,538below the sector's middle half-€91,784below the sector's middle half▼ 59.5%€247,462above the sector's middle half
Equity-€152,679below the sector's middle half▼ 64.3%-€84,552below the sector's middle half▲ 44.6%-€142,090below the sector's middle half▼ 68.1%-€233,874below the sector's middle half▼ 64.6%€13,587below the sector's middle half
Total assets€1.6mabove the sector's middle half▼ 1.8%€1.6mabove the sector's middle half▲ 1.3%€1.7mabove the sector's middle half▲ 8.1%€1.9mabove the sector's middle half▲ 10.2%€2.0mabove the sector's middle half▲ 7.4%
Debt€1.4m▲ 2.2%€1.4m▼ 3.4%€1.5m▲ 13.6%€1.8m▲ 17.2%€1.7m▼ 6.0%
Working capital€124,567▼ 36.8%€134,498▲ 8.0%€150,582▲ 12.0%-€8,091€192,255
Solvency-9.8%below the sector's middle half▼ 4.0pp-5.4%below the sector's middle half▲ 4.5pp-8.4%below the sector's middle half▼ 3.0pp-12.5%below the sector's middle half▼ 4.1pp0.7%below the sector's middle half▲ 13.2pp
Staff (FTE)20.7above the sector's middle half▼ 2.4%19.8above the sector's middle half▼ 4.3%19.2above the sector's middle half▼ 3.0%20above the sector's middle half▲ 4.2%20.9above the sector's middle half▲ 4.5%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: -€52,050-€52,050Net result 2020: -€51,599-€51,599Operating result 2021: €123,244€123,244Net result 2021: €68,127€68,127Operating result 2022: €8,519€8,519Net result 2022: -€57,538-€57,538Operating result 2023: €184€184Net result 2023: -€91,784-€91,784Operating result 2024: €125,196€125,196Net result 2024: €247,462€247,46220202021202220232024-€100,000€0€100,000€200,000Operating result 2022: €8,519€8,520Net result 2022: -€57,538-€57,500Operating result 2023: €184€184Net result 2023: -€91,784-€91,800Operating result 2024: €125,196€125,000Net result 2024: €247,462€247,000202220232024
The operating result recovers in 2024; 2024 is 68,049% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets €123,007 ▼ 5.1%
Current assets €1.9m ▲ 8.4%
Equity and liabilities €2.0m
Equity €13,587
Provisions €297,585
Debt €1.7m
Debt finances 84.5% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€145,282▲
2023 · €22,422
Cash flow
€267,547▲
2023 · -€69,546
Current ratio
1.11▲
2023 · 1.00
Quick ratio
1.10▲
2023 · 0.98
ROA
12.3%▲
2023 · -4.9%
Interest coverage
3.02▲
2023 · 0.20
Debt ≤ 1 year
€1.7m▼
2023 · €1.8m
Income taxes
€14,303▲
2023 · €301
Staff costs
€1.1m▲
2023 · €1.1m
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity €13,587).
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 · 2024 against 2023 · 62 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.9m€2.0m▲
Fixed assets21/28€129,680€123,007▼
Tangible fixed assets22/27€121,471€114,799▼
Land and buildings22€90,105€93,399▲
Plant, machinery and equipment23€31,366€21,399▼
Financial fixed assets28€8,209€8,209=
Current assets29/58€1.7m€1.9m▲
Stocks and contracts in progress3€20,600€20,300▼
Stocks30/36€20,600€20,300▼
Amounts receivable within one year40/41€967,550€1.1m▲
Trade receivables40€16,617€26,366▲
Other amounts receivable41€950,933€1.1m▲
Cash at bank and in hand54/58€753,799€782,259▲
Deferred charges and accrued income490/1€872€855▼
Equity and liabilities
Total equity and liabilities10/49€1.9m€2.0m▲
Equity10/15-€233,874€13,587▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€44,566€78,292▲
Non-distributable reserves130/1€3,331€3,331=
Legal reserve130€3,331€3,331=
Tax-exempt reserves132-€33,727
Distributable reserves133€41,235€41,235=
Profit (loss) carried forward14-€340,440-€126,705▲
Provisions and deferred taxes16€297,585€297,585=
Provisions for liabilities and charges160/5€297,585€297,585=
Pensions and similar obligations160€14,000€14,000=
Major repairs and maintenance162€283,585€283,585=
Amounts payable17/49€1.8m€1.7m▼
Amounts payable after more than one year17€5,308-
Financial debts170/4€5,308-
Amounts payable within one year42/48€1.8m€1.7m▼
Current portion of amounts payable after more than one year42€59,625€4,720▼
Trade debts44€115,031€150,007▲
Suppliers440/4€115,031€150,007▲
Taxes, remuneration and social security45€1.6m€1.5m▼
Taxes450/3€452,810€517,878▲
Remuneration and social security454/9€1.1m€998,468▼
Other amounts payable47/48€25,383€25,340▼
Accrued charges and deferred income492/3€52,570€4,090▼
Income statement Code20232024
Non-recurring operating income76A€4,520-
Remuneration, social security and pensions62€1.1m€1.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,238€20,086▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8,741
Other operating charges640/8€58,905€21,846▼
Non-recurring operating charges66A€508-
Gross operating margin9900€1.2m€1.3m▲
Operating profit (loss)9901€184€125,196▲
Financial income75/76B€19,100€184,681▲
Recurring financial income75€7,096€20,254▲
Non-recurring financial income76B€12,004€164,427▲
Financial charges65/66B€110,766€48,112▼
Recurring financial charges65€110,766€48,112▼
Profit (loss) for the period before taxes9903-€91,483€261,765▲
Income taxes67/77€301€14,303▲
Profit (loss) for the period9904-€91,784€247,462▲
Transfer to tax-exempt reserves689-€33,727
Profit (loss) for the period to be appropriated9905-€91,784€213,735▲
Appropriation of the result
Profit (loss) to be appropriated9906-€340,440-€126,705▲
Profit (loss) brought forward from the previous period14P-€248,656-€340,440▼
Social balance
Average headcount (FTE)908720.020.9▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€924-€4,520--
Remuneration, social security and pensions62€469,945€628,295€1.0m€1.1m€1.1m▲ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,779€38,337€31,409€22,238€20,086▼ 9.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,538--€8,741-
Other operating charges640/8€14,663€33,677€66,116€58,905€21,846▼ 62.9%
Non-recurring operating charges66A€2,851--€508--
Gross operating margin9900€492,188€825,091€1.1m€1.2m€1.3m▲ 11.3%
Operating profit (loss)9901-€52,050€123,244€8,519€184€125,196▲ 68,049%
Financial income75/76B€60,649€5,192€7,431€19,100€184,681▲ 867%
Recurring financial income75€9,708€4,074€7,256€7,096€20,254▲ 185%
Non-recurring financial income76B€50,940€1,118€175€12,004€164,427▲ 1,270%
Financial charges65/66B€60,082€60,191€73,361€110,766€48,112▼ 56.6%
Recurring financial charges65€60,082€60,191€73,361€110,766€48,112▼ 56.6%
Profit (loss) for the period before taxes9903-€51,483€68,244-€57,411-€91,483€261,765▲ 386%
Income taxes67/77€116€117€127€301€14,303▲ 4,644%
Profit (loss) for the period9904-€51,599€68,127-€57,538-€91,784€247,462▲ 370%
Transfer to tax-exempt reserves689----€33,727-
Profit (loss) for the period to be appropriated9905-€51,599€68,127-€57,538-€91,784€213,735▲ 333%
Line20202021202220232024Change
Assets
Total assets20/58€1.6m€1.6m€1.7m€1.9m€2.0m▲ 7.4%
Fixed assets21/28€189,880€166,656€153,575€129,680€123,007▼ 5.1%
Tangible fixed assets22/27€181,672€158,448€145,367€121,471€114,799▼ 5.5%
Land and buildings22€94,112€89,012€95,532€90,105€93,399▲ 3.7%
Plant, machinery and equipment23€73,405€59,604€44,326€31,366€21,399▼ 31.8%
Furniture and vehicles24€14,155€9,832€5,509---
Financial fixed assets28€8,209€8,209€8,209€8,209€8,209=
Current assets29/58€1.4m€1.4m€1.5m€1.7m€1.9m▲ 8.4%
Stocks and contracts in progress3€19,322€20,557€22,860€20,600€20,300▼ 1.5%
Stocks30/36€19,322€20,557€22,860€20,600€20,300▼ 1.5%
Amounts receivable within one year40/41€650,631€693,813€811,317€967,550€1.1m▲ 12.2%
Trade receivables40€14,788€15,474€15,008€16,617€26,366▲ 58.7%
Other amounts receivable41€635,843€678,339€796,308€950,933€1.1m▲ 11.4%
Cash at bank and in hand54/58€691,305€690,133€711,088€753,799€782,259▲ 3.8%
Deferred charges and accrued income490/1€477€582€605€872€855▼ 2.0%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m€1.7m€1.9m€2.0m▲ 7.4%
Equity10/15-€152,679-€84,552-€142,090-€233,874€13,587▲ 106%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€44,566€44,566€44,566€44,566€78,292▲ 75.7%
Non-distributable reserves130/1€3,331€3,331€3,331€3,331€3,331=
Legal reserve130€3,331€3,331€3,331€3,331€3,331=
Tax-exempt reserves132----€33,727-
Distributable reserves133€41,235€41,235€41,235€41,235€41,235=
Profit (loss) carried forward14-€259,245-€191,118-€248,656-€340,440-€126,705▲ 62.8%
Provisions and deferred taxes16€297,585€297,585€297,585€297,585€297,585=
Provisions for liabilities and charges160/5€297,585€297,585€297,585€297,585€297,585=
Pensions and similar obligations160€14,000€14,000€14,000€14,000€14,000=
Major repairs and maintenance162€283,585€283,585€283,585€283,585€283,585=
Amounts payable17/49€1.4m€1.4m€1.5m€1.8m€1.7m▼ 6.0%
Amounts payable after more than one year17€128,405€42,914€91,038€5,308--
Financial debts170/4€128,405€42,914€91,038€5,308--
Amounts payable within one year42/48€1.2m€1.3m€1.4m€1.8m€1.7m▼ 3.1%
Current portion of amounts payable after more than one year42€93,265€98,065€104,692€59,625€4,720▼ 92.1%
Financial debts43-€127----
Credit institutions430/8-€127----
Trade debts44€239,799€212,024€170,701€115,031€150,007▲ 30.4%
Suppliers440/4€239,799€212,024€170,701€115,031€150,007▲ 30.4%
Taxes, remuneration and social security45€904,104€960,371€1.1m€1.6m€1.5m▼ 2.2%
Taxes450/3€209,969€214,223€337,116€452,810€517,878▲ 14.4%
Remuneration and social security454/9€694,135€746,148€751,239€1.1m€998,468▼ 9.1%
Other amounts payable47/48--€31,540€25,383€25,340▼ 0.2%
Accrued charges and deferred income492/3€41,136€45,208€57,625€52,570€4,090▼ 92.2%
Line20202021202220232024Change
Profit (loss) for the period9904-€51,599€68,127-€57,538-€91,784€247,462▲ 370%
+ Depreciation and write-downs630€56,779€38,337€31,409€22,238€20,086▼ 9.7%
Operating cash flow (approximation)€5,179€106,464-€26,129-€69,546€267,547▲ 485%
Investment in fixed assets (approximation)--€15,113-€18,328€1,657-€13,413▼ 909%
Change in cash--€1,172€20,955€42,711€28,459▼ 33.4%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
08-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-12-2025
17-11
Interim measure Provisional administrator
Ondernemingsrechtbank Antwerpen
22-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial Back to profitnet €247,462
Net result €247,462 after 2 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
02-02
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 30-01-2024
2023
31-12
Financial Weakest financial yearnet -€91,784
Net result drops to -€91,784, the lowest in the series.
11-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 1167 days late
10-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
05-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 796 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial Back to profitnet €68,127
Net result €68,127 after 3 loss-making years.
Show earlier events
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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
Registered office, Turnhout · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
491 m²
Building footprint
51 m²
Volume, LiDAR
221 m³
Parcel 13453O0764/00F000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Parklaan 56, 2300 Turnhout
Full-service restaurants
since 19932.062.490.313
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13453O0764/00F000 Flanders 491 m² 1 · 51 m² 5.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator LUC PLESSERS
DE MERODELEI 37, 2300 TURNHOUT-
02-12-2025 → present
Curator CAROLINE DE LEPELEIRE
DE MERODELEI 37, 2300 TURNHOUT
02-12-2025 → present

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 12,482 EUR awarded · 12,482 EUR paid
Year Entries awardedpaid
2025 1 9,860 EUR9,860 EUR
2024 1 2,622 EUR2,622 EUR
Schemes
2 entries · 12,482 EUR · 12,482 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Turnhout2.062.490.313
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

Similar companies · same sector, comparable size

Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded04-06-1993
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0450249551
Registered 25-09-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.