Active BE 0801.303.142Private limited companyOpen bankruptcy

STEL GROUPE

Eloystraat 81 ·1070 Anderlecht, Belgium· 3 yrs active

Sector: Non-specialised food retail (47110)

Conclusion Checked

A bankruptcy procedure is open for STEL GROUPE according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €40k and a net result of €22k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€40k
Net result	€22k
Staff (FTE)	0.9
Better than sector	89%

Snowflake analysis 5 axes · computed by Checked

47 / 100

Mixed profile: strong on solvency, weaker on stability.

Health 35

Profitability 52

Solvency 100

Growth 50

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 risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

35 / 100 Weak

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 06-08-2024 with the NBB · fiscal year 2023 · micro

Sector comparison

Fiscal year 2023 · NACE 47 — Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	66.8%	17.0%	better than 89% of 1189 sector peers
Net result	€22k	€2k	better than 79% of 1187 sector peers
Equity	€40k	€11k	better than 80% of 1191 sector peers
Gross operating margin	€57k	€17k	better than 73% of 1177 sector peers
Staff costs	€32k	€31k	higher than 51% of 522 sector peers

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

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	€781k
EBITDA	€25k
Net profit	€22k
Cash flow	€22k
Staff costs	€32k
Income taxes	€4k
Dividends	—
Total assets	€59k
Equity	€40k
Debt	€20k
of which ≤ 1y	€20k
of which > 1y	—
Working capital	€38k
Employees (FTE)	0.9

Ratios (computed)

	2023
Current ratio	2.94
Quick ratio	1.99
Working capital ratio	64.5%
Solvency	66.8%
Debt / equity	0.50
Long-term debt ratio	—
Interest coverage	2547228.00
Gross margin	5.9%
Net margin	2.8%
ROA	36.4%
ROE	54.4%
EBITDA margin	3.3%
Days sales outstanding	7d
Days payable outstanding	0d
Inventory turnover	39.47
Days inventory (DSI)	9d

Balance-sheet composition 2023

Assets

Fixed assets €1k · 2.4% Current assets €58k · 97.6%

Equity & liabilities

Equity €40k · 66.8% Debt €20k · 33.2%

Full annual accounts

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

Line item	Code	2023
Balance sheet — Assets
TOTAL ASSETS	20/58	€59k
Fixed assets	21/28	€1k
Tangible fixed assets	22/27	€1k
Current assets	29/58	€58k
Stocks & contracts in progress	3	€19k
Amounts receivable within one year	40/41	€19k
Cash & bank	54/58	€20k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€59k
Equity	10/15	€40k
Contributions / capital	10/11	€25k
Accumulated profits (losses)	14	€15k
Amounts payable	17/49	€20k
Amounts payable within one year	42/48	€20k
Trade debts payable within one year	44	€944
Income statement
Turnover	70	€781k
Gross operating margin	9900	€57k
Operating result	9901	€25k
Financial income	75	€324
Financial charges	65	€0
Result before taxes	9903	€25k
Income taxes	67/77	€4k
Net result for the period	9904	€22k
Result to be appropriated	9905	€22k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- ↔ Also on 200 other cases	19-01-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Non-specialised food retail(47110)
Legal form	Private limited company(610)
Incorporation	28-04-2023
Status	Active
Postal code	1070
First BS signal	23-01-2026
Latest BS signal	23-01-2026

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

STEL GROUPE

Gentsesteenweg 636, 1080 Sint-Jans-MolenbeekNiet-gespecialiseerde kleinhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100m2)

since 20232.346.083.570

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.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21526D0012/00N002	Brussels	1,130 m²	1 · 357 m²	7.8 m · 1 fl.
21305C0269/00F004	Brussels	111 m²	1 · 101 m²	18.4 m · 5 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Updates 6 events

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

2026

23-01-2026

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL STEL GROUPE RUE ELOY 81/1, 1070 ANDERLECHT · event 19-01-2026

2025

02-04-2025

State Gazette act Director changes

02-04-2025

State Gazette act Registered-office change

2024

06-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

11-07-2023

State Gazette act Registered-office change

22-06-2023

State Gazette act Registered-office change

Lifecycle & Insolvency Signals 1 events

23-01-2026

Bankruptcy Opening

Date: 19-01-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL STEL GROUPE RUE ELOY 81/1, 1070 ANDERLECHT · Publications in State Gazette ↗

Time machine — BS events + macro context 2021 — 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023–2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad — acts 4 acts

Address history · 3

02-04-2025

Registered-office move

11-07-2023

Registered-office move

22-06-2023

Registered-office move

All acts · 4 updated 1 year ago

2025

02-04-2025 1 director appointed, 1 resigning Director changes

Gonçalo Bruno FIGUEIREDO VEIGA DE OLIVEIRA — Bestuurder
Estelle KARACAR — Bestuurder

Original publication ↗

Technical details

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      "decharge_status": null,
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      "evidence_quote": "Mevrouw Estelle KARACAR draagt al zijn aandelen over aan de heer Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": "Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA",
      "rep_rotation_old_rep": "Estelle KARACAR",
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      "evidence_quote": "De heer Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA heeft nu alle aandelen in het bedrijf.",
      "decharge_status": null,
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    },
    {
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      "evidence_quote": "Mevrouw Estelle KARACAR, NN 02.03.02-090.39, neemt hierbij ontslag als bestuurder en ontvangt volledige kwijting voor de uitoefening van zijn mandaat.",
      "decharge_status": "granted",
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    },
    {
      "kind": "substantive_delegation",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Estelle KARACAR",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "compensated": null,
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      "evidence_quote": "Mevrouw Estelle KARACAR draagt al zijn aandelen over aan de heer Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA.",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    },
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
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        "rrn": null,
        "name": "Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De heer Gon\u00E7alo Bruno FIGUEIREDO VEIGA DE OLIVEIRA heeft nu alle aandelen in het bedrijf.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-02",
    "filing_date": "2025-03-26",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-08-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0801.303.142",
    "name_full": "STEL GROUPE",
    "legal_form": "BESLOTEN VENOOTSCHAP",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Estelle KARACAR",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurderr"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

02-04-2025 Registered office moved to Anderlecht Registered-office change

Rue Eloy 81 bus 1, 1070 Anderlecht

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue Eloy 81 bus 1, 1070 Anderlecht",
        "city": "Anderlecht",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rue Eloy",
        "country": "BE",
        "postcode": "1070",
        "box_number": "1",
        "street_number": "81",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2025-03-26",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "inferred",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-02",
    "filing_date": "2025-03-26",
    "act_kind_objet": "Benoemingen Bestuurders \u002B zetel"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-08-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0801.303.142",
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    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Estelle KARACAR",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurderr"
  },
  "co_filed_documents": []
}

2023

11-07-2023 Registered office moved from Molenbeek-Saint-Jean to Saint-Josse-ten-Noode Registered-office change

Chaussée de Gand, 636 - 1080 Molenbeek-Saint-Jean → Rue Joseph de Keyn 15 à 1210 Saint-Josse-ten-Noode

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue Joseph de Keyn 15 \u00E0 1210 Saint-Josse-ten-Noode",
        "city": "Saint-Josse-ten-Noode",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rue Joseph de Keyn",
        "country": "BE",
        "postcode": "1210",
        "box_number": null,
        "street_number": "15",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Chauss\u00E9e de Gand, 636 - 1080 Molenbeek-Saint-Jean",
        "city": "Molenbeek-Saint-Jean",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Chauss\u00E9e de Gand",
        "country": "BE",
        "postcode": "1080",
        "box_number": null,
        "street_number": "636",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 1 juin 2023 d\u00E9cide \u00E0 l\u0027unanimit\u00E9 des voix de transf\u00E9rer le si\u00E8ge social du Chauss\u00E9e de Gand 636 \u00E0 1080 Molenbeek-Saint-Jean vers Rue Joseph de Keyn 15 \u00E0 1210 Saint-Josse-ten-Noode et ceci d\u00E8s que maintenant.",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2023-07-11",
    "filing_date": "2023-06-01",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
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    "unanimous": true
  },
  "subject_company": {
    "kbo": "0801.303.142",
    "name_full": "STEL GROUPE",
    "legal_form": "Srl"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Estelle Karacar",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": []
}

22-06-2023 Registered office moved from Molenbeek to Saint-Josse-ten-Noode Registered-office change

Chaussée de Gand, 636 - 1080 Molenbeek-Saint-Jean → Rue Joseph de Keyn 15 à 1210 Saint-Josse-ten-Noode

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue Joseph de Keyn 15 \u00E0 1210 Saint-Josse-ten-Noode",
        "city": "Saint-Josse-ten-Noode",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rue Joseph de Keyn",
        "country": "BE",
        "postcode": "1210",
        "box_number": null,
        "street_number": "15",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Chauss\u00E9e de Gand, 636 - 1080 Molenbeek-Saint-Jean",
        "city": "Molenbeek",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Chauss\u00E9e de Gand",
        "country": "BE",
        "postcode": "1080",
        "box_number": null,
        "street_number": "636",
        "locality_suffix": "Saint-Jean"
      },
      "effective_date": null,
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 1 juin 2023 d\u00E9cide \u00E0 l\u0027unanimit\u00E9 des voix de transf\u00E9rer le si\u00E8ge social du Chauss\u00E9e de Gand 636 \u00E0 1080 Molenbeek-Saint-Jean vers Rue Joseph de Keyn 15 \u00E0 1210 Saint-Josse-ten-Noode et ceci d\u00E8s que maintenant.",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-06-14",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-06-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0801.303.142",
    "name_full": "STEL GROUPE",
    "legal_form": "Srl"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Estelle Karacar",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad",
    "Annexes du Moniteur belge"
  ]
}

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Company registry (CBE) Crossroads Bank

Activities

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Detailhandel in motorbrandstoffen in gespecialiseerde winkels47300Detailhandel in motorbrandstoffen47300

Primary activity highlighted.

Names & trade names

Legal nameFR

STEL GROUPE

Registered office

Eloystraat 81 bus 1

1070 Anderlecht, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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ECHANGES COMMERCIAUX ET INDUSTRIELS BE 0425.625.211 · Anderlecht

EFES BE 0428.613.306 · Anderlecht

FRANCESCO CANNELLA BE 0438.678.243 · Anderlecht