Active BE 0525.701.891Public limited companyOpen bankruptcy

STANZA DIE MAKING

Penemolenstraat 7 ·8800 Roeselare, Belgium· 13 yrs active

Sector: Bewerken van metaal en poedermetallurgie (25402)

Conclusion Checked

A bankruptcy procedure is open for STANZA DIE MAKING according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €40k and a net result of €241.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€40k
Net result	€241
Staff (FTE)	25.6
Better than sector	14%

Snowflake analysis 5 of 5 axes measured · computed by Checked

14 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 3

Solvency 10

Growth 58

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 5 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 overview8 NBB filings

Annual accounts filed on 07-10-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 25 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	4.0%	28.0%	better than 14% of 91 sector peers
Net result	€241	€27k	better than 28% of 91 sector peers
Equity	€40k	€385k	better than 20% of 91 sector peers
Gross operating margin	€1.44M	€454k	better than 83% of 91 sector peers
Staff costs	€1.34M	€332k	higher than 88% of 56 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€86k

- 18-21

Net profit

€241

- 18-21

Cash flow

€53k

- 18-21

Total assets

€1.00M

+0.6% 18-21

Equity

€40k

+0.6% 18-21

Working capital

€-165k

+24.4% 18-21

Employees (FTE)

26

0.0% 18-21

Staff costs

€1.34M

- 18-21

Income taxes

€196

- 18-21

Debt

€963k

+0.6% 18-21

Debt ≤ 1y

€958k

+0.4% 18-21

Debt > 1y

€2k

-92.4% 18-21

Current ratio

0.83

+7.3% 18-21

Quick ratio

0.20

-46.1% 18-21

Solvency

4.0%

0.0% 18-21

Debt / equity

23.85

+269860.8% 18-21

ROE

0.6%

- 18-21

ROA

0.0%

- 18-21

Interest coverage

2.61

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	€86k
Net profit	€241
Cash flow	€53k
Staff costs	€1.34M
Income taxes	€196
Dividends	-
Total assets	€1.00M
Equity	€40k
Debt	€963k
of which ≤ 1y	€958k
of which > 1y	-
Working capital	€-165k
Employees (FTE)	25.6

Ratios (computed)

	2021
Current ratio	0.83
Quick ratio	0.20
Working capital ratio	-16.5%
Solvency	4.0%
Debt / equity	23.85
Long-term debt ratio	-
Interest coverage	2.61
Gross margin	-
Net margin	-
ROA	0.0%
ROE	0.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €74k · 8.6% Current assets €793k · 91.4%

Equity & liabilities

Equity €40k · 4.0% Debt €963k · 96.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.00M
Fixed assets	21/28	€74k
Formation expenses	20	€136k
Intangible fixed assets	21	€22k
Tangible fixed assets	22/27	€53k
Financial fixed assets	28	€0
Current assets	29/58	€793k
Stocks & contracts in progress	3	€606k
Amounts receivable within one year	40/41	€176k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.00M
Equity	10/15	€40k
Contributions / capital	10/11	€63k
Reserves	13	€161k
Accumulated profits (losses)	14	€-183k
Amounts payable	17/49	€963k
Amounts payable within one year	42/48	€958k
Trade debts payable within one year	44	€229k
Income statement
Gross operating margin	9900	€1.44M
Operating result	9901	€33k
Financial income	75	€240
Financial charges	65	€33k
Result before taxes	9903	€438
Income taxes	67/77	€196
Net result for the period	9904	€241
Result to be appropriated	9905	€241

You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MAARTEN VINCKIER HOOGLEEDSESTEENWEG 7, 8800 ROESELARE ↔ Also on 55 other cases	28-11-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Bewerken van metaal en poedermetallurgie(25402)
Legal form	Public limited company(014)
Incorporation	25-03-2013
Status	Active
Postal code	8800
First BS signal	07-12-2023
Latest BS signal	07-12-2023

Establishment units 1 location

Stanza Die Making

Penemolenstraat 7, 8800 RoeselareVervaardiging van andere artikelen van hout

since 20132.218.237.372

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 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36013B0225/00Y000	Flanders	857 m²	1 · 235 m²	5.3 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

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

2023

07-12-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · STANZA DIE MAKING NV PENEMOLENSTRAAT7, 8800 ROESELARE · event 28-11-2023

2022

07-10-2022