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STBB

Open bankruptcy
Private limited company (pre-2019)founded 2014Sint-Lutgardisstraat 26, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0561.901.796
Summary

A bankruptcy procedure is open for STBB according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisation notices. The 2023 annual accounts show negative equity (-€598,910).

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, Hasselt division
Declared bankrupt
27 March 2025
Supervising judge
Hilde Claes
Official Gazette
08-04-2025 (pdf) ↗search the document for 2025/114785

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

Signals

Two signals.
+raises risk
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
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

On 12 September 2014, STBB was incorporated.1 Total assets went from EUR 733,991 in 2019 to EUR 482,946 in 2023.2 The company was declared bankrupt on 27 March 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 08-04-2025

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
-€598,910=
2022 · -€598,910
Total assets
€482,946▲ 7.0%
2022 · €451,313
Net result
-€677,735▼ 27,475%
2021 · -€2,458
Working capital
-€342,021▼ 7.2%
2022 · -€318,922
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
Line2019202120222023
Operating result€26,047-€21,221--€504,120
Net result€3,607--€2,458--€677,735▼ 27,475%
Equity€80,096-€78,826--€598,910-€598,910=
Total assets€733,991-€956,363-€451,313▼ 52.8%€482,946▲ 7.0%
Debt€653,894-€782,537-€955,223▲ 22.1%€986,856▲ 3.3%
Working capital€382,721-€388,269--€318,922-€342,021▼ 7.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0Operating result 2019: €26,047€26,047Net result 2019: €3,607€3,607Operating result 2021: €21,221€21,221Net result 2021: -€2,458-€2,458Operating result 2022: -€504,120-€504,120Net result 2022: -€677,735-€677,7352019202120222023-€800,000-€600,000-€400,000-€200,000€0Operating result 2021: €21,221€21,200Net result 2021: -€2,458-€2,460Operating result 2022: -€504,120-€504,000Net result 2022: -€677,735-€678,000202120222023
The operating result turns negative in 2022: a loss of €504,120 after €21,221 in 2021, the lowest result in the available series.
Key figures and ratios
2023 value · change against 2022
Solvency
-124.0%▲
2022 · -132.7%
Current ratio
0.59▲
2022 · 0.58
Quick ratio
0.11▲
2022 · 0.07
Debt to equity
-1.65▼
2022 · -1.59
Debt ≤ 1 year
€824,967▲
2022 · €766,289
Debt > 1 year
€161,888▼
2022 · €188,934
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 · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€451,313€482,946▲
Fixed assets21/28€3,946-
Tangible fixed assets22/27€3,946-
Plant, machinery and equipment23€3,946-
Current assets29/58€447,367€482,946▲
Stocks and contracts in progress3€392,689€392,689=
Stocks30/36€392,689€392,689=
Amounts receivable within one year40/41€54,494€90,257▲
Trade receivables40€15,257€15,257=
Other amounts receivable41€39,237€75,000▲
Current investments50/53€184-
Equity and liabilities
Total equity and liabilities10/49€451,313€482,946▲
Equity10/15-€598,910-€598,910=
Contributions10/11€58,600€58,600=
Reserves13€2,200€2,200=
Non-distributable reserves130/1€2,200€2,200=
Reserves not available under the articles1311€2,200€2,200=
Profit (loss) carried forward14-€659,710-€659,710=
Provisions and deferred taxes16€95,000€95,000=
Provisions for liabilities and charges160/5€95,000€95,000=
Other liabilities and charges164/5€95,000€95,000=
Amounts payable17/49€955,223€986,856▲
Amounts payable after more than one year17€188,934€161,888▼
Financial debts170/4€188,934€161,888▼
Amounts payable within one year42/48€766,289€824,967▲
Trade debts44€27,045€27,045=
Suppliers440/4€27,045€27,045=
Taxes, remuneration and social security45€399,066€399,066=
Taxes450/3€399,066€399,066=
Other amounts payable47/48€340,178€398,856▲
Income statement Code20222023
Other operating charges640/8€223,297-
Non-recurring operating charges66A€14,563-
Gross operating margin9900-€266,259-
Operating profit (loss)9901-€504,120-
Financial charges65/66B€854-
Recurring financial charges65€854-
Profit (loss) for the period before taxes9903-€504,973-
Income taxes67/77€172,762-
Profit (loss) for the period9904-€677,735-
Profit (loss) for the period to be appropriated9905-€677,735-
Appropriation of the result
Profit (loss) to be appropriated9906-€659,710-€659,710=
Profit (loss) brought forward from the previous period14P€18,026-€659,710▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,514----
Other operating charges640/8-€36,720€223,297--
Non-recurring operating charges66A--€14,563--
Gross operating margin9900€47,432€57,940-€266,259--
Operating profit (loss)9901€26,047€21,221-€504,120--
Financial charges65/66B-€23,678€854--
Recurring financial charges65€19,846€23,678€854--
Profit (loss) for the period before taxes9903€6,201-€2,458-€504,973--
Income taxes67/77€2,594-€172,762--
Profit (loss) for the period9904€3,607-€2,458-€677,735--
Profit (loss) for the period to be appropriated9905€3,607-€2,458-€677,735--
Line2019202120222023Change
Assets
Total assets20/58€733,991€956,363€451,313€482,946▲ 7.0%
Fixed assets21/28€229,514€3,946€3,946--
Tangible fixed assets22/27€229,514€3,946€3,946--
Plant, machinery and equipment23-€3,946€3,946--
Current assets29/58€504,477€952,416€447,367€482,946▲ 8.0%
Stocks and contracts in progress3€235,876€392,689€392,689€392,689=
Stocks30/36-€392,689€392,689€392,689=
Amounts receivable within one year40/41€230,752€556,170€54,494€90,257▲ 65.6%
Trade receivables40-€530,325€15,257€15,257=
Other amounts receivable41-€25,845€39,237€75,000▲ 91.1%
Current investments50/53-€3,557€184--
Cash at bank and in hand54/58€37,849----
Equity and liabilities
Total equity and liabilities10/49€733,991€956,363€451,313€482,946▲ 7.0%
Equity10/15€80,096€78,826-€598,910-€598,910=
Contributions10/11€58,600€58,600€58,600€58,600=
Reserves13€1,013€2,200€2,200€2,200=
Non-distributable reserves130/1-€2,200€2,200€2,200=
Reserves not available under the articles1311-€2,200€2,200€2,200=
Profit (loss) carried forward14€20,483€18,026-€659,710-€659,710=
Provisions and deferred taxes16-€95,000€95,000€95,000=
Provisions for liabilities and charges160/5-€95,000€95,000€95,000=
Other liabilities and charges164/5-€95,000€95,000€95,000=
Amounts payable17/49€653,894€782,537€955,223€986,856▲ 3.3%
Amounts payable after more than one year17€532,138€206,813€188,934€161,888▼ 14.3%
Financial debts170/4-€206,813€188,934€161,888▼ 14.3%
Amounts payable within one year42/48€121,756€564,147€766,289€824,967▲ 7.7%
Trade debts44€32,029€394,755€27,045€27,045=
Suppliers440/4-€394,755€27,045€27,045=
Taxes, remuneration and social security45-€80,977€399,066€399,066=
Taxes450/3-€80,977€399,066€399,066=
Other amounts payable47/48-€88,415€340,178€398,856▲ 17.2%
Accrued charges and deferred income492/3-€11,577---
Line2019202120222023Change
Profit (loss) for the period9904€3,607-€2,458-€677,735--
+ Depreciation and write-downs630€14,514----
Operating cash flow (approximation)€18,122-€2,458-€677,735--
Investment in fixed assets (approximation)--€0--

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
08-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-03-2025
2024
30-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
2023
05-10
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 29-09-2023
17-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 229 days late
05-07
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 30-06-2023
2022
30-06
Financial Weakest financial yearnet -€677,735
Net result drops to -€677,735, the lowest in the series.
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 146 days late
2018
28-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
25-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 115 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Sint-Truiden · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
193 m²
Building footprint
193 m²
Volume, LiDAR
1,203 m³
Parcel 71053G0205/00T039, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STBB
Sint-Lutgardisstraat 26, 3800 Sint-TruidenReal estate activities
since 20142.247.876.812
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71053G0205/00T039 Flanders 193 m² 1 · 193 m² 9.2 m · 2 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

3 mandates
Role Name Tenure
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
27-03-2025 → present
Curator FREDERICK VAN COPPE- NOLLE
GENKERSTEENWEG 302, 3500 HASSELT- frederick@van- coppenolle.be
27-03-2025 → present
Curator SOFIE REPRIELS
GENKERSTEENWEG 302, 3500 HASSELT
27-03-2025 → present

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,578 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-09-2014
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate

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