STEENSTAD
Open bankruptcyA bankruptcy procedure is open for STEENSTAD according to publications in the Belgian State Gazette; curator: STEVEN HEYLEN. The 2023 annual accounts show negative equity (€-34k) and a net result of €-38k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2023Equity per financial year
1920212223
2019 to 2023 · latest year -€34k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-07-2024, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
7 d early
2022
38 d late
2021
386 d late
2020
4 d late
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-34k
2022 · €4k
2019: €52k
2020: €54k
2021: €39k
2022: €4k
2019 → 2023
Total assets
€403▼ 98.5%
2022 · €27k
2019: €81k
2020: €109k
2021: €52k
2022: €27k
2019 → 2023
Net result
€-38k▼ 7.6%
2022 · €-35k
2019: €38k
2020: €38k
2021: €-15k
2022: €-35k
2019 → 2023
Working capital
€-34k▼ 802%
2022 · €-4k
2019: €34k
2020: €32k
2021: €24k
2022: €-4k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€52k-€54k▲ 3.3%€39k▼ 28.5%€4k▼ 90.6%€-34k
Operating result€49k-€49k=€-16k€-35k▼ 122%€-20k▲ 42.2%
Net result€38k-€38k=€-15k€-35k▼ 128%€-38k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2023 against €35k in 2022; the loss shrinks.
Key figures and ratios
EBITDA
€-13k▲
2022 · €-27k
Cash flow
€-30k▼
2022 · €-28k
Interest coverage
-57.86▲
2022 · -130.04
Debt
€35k▲
2022 · €23k
Debt ≤ 1 year
€35k▲
2022 · €23k
Income taxes
€17k▲
2022 · €62
Ratios withheld: a balance sheet total of €403 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€27k€403▼
Fixed assets21/28€7k-
Tangible fixed assets22/27€7k-
Plant, machinery and equipment23€127-
Furniture and vehicles24€7k-
Current assets29/58€19k€403▼
Amounts receivable within one year40/41€2k€403▼
Other amounts receivable41€2k€403▼
Cash at bank and in hand54/58€17k-
Equity and liabilities
Total equity and liabilities10/49€27k€403▼
Equity10/15€4k€-34k▼
Contributions10/11€15k€15k=
Capital10€15k€15k=
Issued capital100€19k€19k=
Uncalled capital101€4k€4k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-13k€-51k▼
Amounts payable17/49€23k€35k▲
Amounts payable within one year42/48€23k€35k▲
Trade debts44€5k-
Suppliers440/4€5k-
Taxes, remuneration and social security45€9k€22k▲
Taxes450/3€3k€22k▲
Remuneration and social security454/9€6k-
Other amounts payable47/48€10k€12k▲
Income statement
Code20222023
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8-€2k
Gross operating margin9900€-26k€-11k▲
Operating profit (loss)9901€-35k€-20k▲
Financial charges65/66B€210€220▲
Recurring financial charges65€210€220▲
Profit (loss) for the period before taxes9903€-35k€-20k▲
Income taxes67/77€62€17k▲
Profit (loss) for the period9904€-35k€-38k▼
Profit (loss) for the period to be appropriated9905€-35k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-51k▼
Profit (loss) brought forward from the previous period14P€22k€-13k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · STEENSTAD BV LIERSE STEENWEG 121, 2288 BOUWEL · event 06-05-2025
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 386 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grobbendonk
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lierse steenweg 1212288 GrobbendonkGround area
5,433 m²
Building footprint
318 m²
Volume, LiDAR
1,586 m³
Parcel 13005A0056/00E002, Flanders · tallest building 20.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13005A0056/00E002 | Flanders | 5,433 m² | 1 · 318 m² | 20.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN HEYLEN VLAKKE VELDEN 1, 2270 HERENT-
HOUT |
06-05-2025 → present |
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Of 2,316 companies in sector 42110 we hold annual accounts for 1,086. 173 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-04-2018
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.