STEINS
Open bankruptcyA bankruptcy procedure is open for STEINS according to publications in the Belgian State Gazette; curator: ELODIE THUNUS.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
29 d late
2021
29 d late
2020
30 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€111k▼ 7.1%
2022 · €120k
2018: €110k
2019: €101k
2020: €96k
2021: €72k
2022: €120k
2018 → 2023
Total assets
€209k▼ 12.6%
2022 · €239k
2018: €325k
2019: €245k
2020: €111k
2021: €164k
2022: €239k
2018 → 2023
Net result
€36k▼ 53.8%
2022 · €79k
2018: €-3k
2019: €13k
2020: €49k
2021: €31k
2022: €79k
2018 → 2023
Working capital
€94k▼ 10.7%
2022 · €105k
2018: €39k
2019: €90k
2020: €57k
2021: €36k
2022: €105k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€101k-€96k▼ 4.3%€72k▼ 25.3%€120k▲ 66.8%€111k▼ 7.1%
Operating result€6k-€49k▲ 728%€-13k€40k€2k▼ 95.9%
Net result€13k-€49k▲ 267%€31k▼ 36.6%€79k▲ 153%€36k▼ 53.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 96% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €208k
Fixed assets
€72k ▼ 22.0%
Current assets
€136k ▼ 7.5%
Equity and liabilities €209k
Equity
€111k ▼ 7.1%
Provisions
€14k ▼ 17.0%
Debt
€84k ▼ 18.4%
Debt's share of the balance-sheet total falls from 42.8% to 40.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28k▼
2022 · €60k
Cash flow
€63k▼
2022 · €99k
Current ratio
3.26▼
2022 · 3.55
Quick ratio
3.02▲
2022 · 2.95
Debt to equity
0.75▼
2022 · 0.86
ROE
32.8%▼
2022 · 65.9%
ROA
17.4%▼
2022 · 33.0%
Interest coverage
9.17▼
2022 · 12.78
Debt ≤ 1 year
€42k▲
2022 · €41k
Debt > 1 year
€42k▼
2022 · €61k
Income taxes
€4k▼
2022 · €15k
Staff costs
€13k▼
2022 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 60 lines
Balance sheet
Code20222023
Assets
Total assets20/58€239k€209k▼
Formation expenses20-€1k
Fixed assets21/28€93k€72k▼
Tangible fixed assets22/27€92k€72k▼
Plant, machinery and equipment23€43k€38k▼
Furniture and vehicles24€15k€9k▼
Leasing and similar rights25€34k€25k▼
Other tangible fixed assets26€758€379▼
Financial fixed assets28€620€620=
Current assets29/58€146k€136k▼
Stocks and contracts in progress3€25k€10k▼
Stocks30/36€25k€10k▼
Amounts receivable within one year40/41€90k€107k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€88k€102k▲
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€25k€14k▼
Equity and liabilities
Total equity and liabilities10/49€239k€209k▼
Equity10/15€120k€111k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€57k€49k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€51k€43k▼
Profit (loss) carried forward14€376€571▲
Provisions and deferred taxes16€17k€14k▼
Deferred taxes168€17k€14k▼
Amounts payable17/49€102k€84k▼
Amounts payable after more than one year17€61k€42k▼
Financial debts170/4€61k€42k▼
Amounts payable within one year42/48€41k€42k▲
Current portion of amounts payable after more than one year42€21k€24k▲
Trade debts44€14k€16k▲
Suppliers440/4€14k€16k▲
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3-€1k
Remuneration and social security454/9€7k-
Income statement
Code20222023
Remuneration, social security and pensions62€35k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€27k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€97k€43k▼
Operating profit (loss)9901€40k€2k▼
Financial income75/76B€75k€39k▼
Recurring financial income75€75k€39k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€111k€38k▼
Transfer from deferred taxes780€939€3k▲
Transfer to deferred taxes680€18k-
Income taxes67/77€15k€4k▼
Profit (loss) for the period9904€79k€36k▼
Transfer from tax-exempt reserves789€3k€9k▲
Transfer to tax-exempt reserves689€54k-
Profit (loss) for the period to be appropriated9905€28k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€46k▲
Profit (loss) brought forward from the previous period14P€4k€376▼
Profit to be distributed694/7€31k€45k▲
Return on contributions (dividend)694€31k€45k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · STEINS SA RUE FOXHALLES 55, 4670 BLEGNY · event 27-01-2025
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €79k ▲153%
Net result €79k, the highest in the series.
31-12
Financial
Equity above €100kEq €120k ▲66.8%
4 profitable years in a row build equity to €120k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 5.56
Current ratio from 1.95 to 5.56; short-term debt falls from €95k to €12k.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Show earlier events
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELODIE THUNUS BOULEVARD FRèRE ORBAN 10,
4000 LIEGE 1 |
27-01-2025 → present |