STMM
Open bankruptcyA bankruptcy procedure is open for STMM according to publications in the Belgian State Gazette; curator: ROMAN AYDOGDU.
Summary
The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show equity of €11,390 and a net result of -€21,974.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 3 November 2025
- Supervising judge
- Florence Vanderthommen
- Official Gazette
- 10-11-2025 (pdf) ↗search the document for 2025/146228
Curator
- Roman AydogduCantersteen 47, 1000 Bruxellesr.aydogdu@mosal.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-10-2024, 90 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
90 d late
2022
167 d late
2021
92 d late
2020
87 d late
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 111 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€11,390▼ 65.9%
2022 · €33,364
Total assets
€82,227▼ 39.9%
2022 · €136,834
Net result
-€21,974▼ 17.8%
2022 · -€18,648
Working capital
-€156
2022 · €11,079
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
Line20192020202120222023
Operating result€7,270▼ 63.4%€38,065▲ 424%€4,210▼ 88.9%-€19,287-€19,919▼ 3.3%
Net result€3,083▼ 74.4%€32,445▲ 952%-€1,771-€18,648▼ 953%-€21,974▼ 17.8%
Equity€21,338▲ 16.9%€53,783▲ 152%€52,011▼ 3.3%€33,364▼ 35.9%€11,390▼ 65.9%
Total assets€205,058▲ 172%€177,171▼ 13.6%€122,842▼ 30.7%€136,834▲ 11.4%€82,227▼ 39.9%
Debt€183,720▲ 222%€123,388▼ 32.8%€70,831▼ 42.6%€103,471▲ 46.1%€70,837▼ 31.5%
Working capital-€25,558▼ 10.9%€10,084€18,241▲ 80.9%€11,079▼ 39.3%-€156
Staff (FTE)3.2▲ 77.8%3.9▲ 21.9%2.6▼ 33.3%2.9▲ 11.5%2.3▼ 20.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2019 Total assets +172% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19,919 in 2023 against €19,287 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €82,227
Fixed assets
€11,546 ▼ 48.2%
Current assets
€70,680 ▼ 38.3%
Equity and liabilities €82,227
Equity
€11,390 ▼ 65.9%
Debt
€70,837 ▼ 31.5%
Debt's share of the balance-sheet total rises from 75.6% to 86.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€9,180▼
2022 · -€7,801
Cash flow
-€11,235▼
2022 · -€7,162
Current ratio
1.00▼
2022 · 1.11
Quick ratio
0.89▼
2022 · 1.03
Debt to equity
6.22▲
2022 · 3.10
ROE
-192.9%▼
2022 · -55.9%
ROA
-26.7%▼
2022 · -13.6%
Interest coverage
-4.73▼
2022 · -3.09
Debt ≤ 1 year
€70,837▼
2022 · €103,471
Income taxes
€116▲
2022 · -€3,132
Staff costs
€60,135▲
2022 · €50,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €64,698 | €50,893 | €60,135 | ▲ 18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,555 | €11,740 | €9,928 | €11,486 | €10,739 | ▼ 6.5% |
| Other operating charges640/8 | - | - | €714 | €989 | €4,726 | ▲ 378% |
| Gross operating margin9900 | €105,187 | €131,298 | €79,550 | €44,081 | €55,680 | ▲ 26.3% |
| Operating profit (loss)9901 | €7,270 | €38,065 | €4,210 | -€19,287 | -€19,919 | ▼ 3.3% |
| Financial income75/76B | - | - | €13 | €31 | €0 | ▼ 99.0% |
| Recurring financial income75 | €13 | €214 | €13 | €31 | €0 | ▼ 99.0% |
| Financial charges65/66B | - | - | €1,970 | €2,525 | €1,939 | ▼ 23.2% |
| Recurring financial charges65 | €2,203 | €1,815 | €1,970 | €2,525 | €1,939 | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | €5,079 | €36,463 | €2,253 | -€21,780 | -€21,858 | ▼ 0.4% |
| Income taxes67/77 | €1,996 | €4,019 | €4,024 | -€3,132 | €116 | ▲ 104% |
| Profit (loss) for the period9904 | €3,083 | €32,445 | -€1,771 | -€18,648 | -€21,974 | ▼ 17.8% |
| Profit (loss) for the period to be appropriated9905 | €3,083 | €32,445 | -€1,771 | -€18,648 | -€21,974 | ▼ 17.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205,058 | €177,171 | €122,842 | €136,834 | €82,227 | ▼ 39.9% |
| Fixed assets21/28 | €49,259 | €43,699 | €33,771 | €22,285 | €11,546 | ▼ 48.2% |
| Intangible fixed assets21 | €37,646 | €29,135 | €20,919 | €12,704 | €4,490 | ▼ 64.7% |
| Tangible fixed assets22/27 | €11,250 | €14,201 | €12,489 | €9,218 | €6,693 | ▼ 27.4% |
| Plant, machinery and equipment23 | - | - | €4,088 | €2,288 | €1,077 | ▼ 52.9% |
| Furniture and vehicles24 | - | - | €268 | €55 | - | - |
| Other tangible fixed assets26 | - | - | €8,133 | €6,875 | €5,616 | ▼ 18.3% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €155,799 | €133,472 | €89,072 | €114,550 | €70,680 | ▼ 38.3% |
| Stocks and contracts in progress3 | €7,039 | €9,175 | €9,175 | €8,343 | €7,955 | ▼ 4.7% |
| Stocks30/36 | - | - | €9,175 | €8,343 | €7,955 | ▼ 4.7% |
| Amounts receivable within one year40/41 | €134,243 | €99,756 | €73,400 | €101,763 | €52,125 | ▼ 48.8% |
| Trade receivables40 | - | - | €49,391 | €89,008 | €38,100 | ▼ 57.2% |
| Other amounts receivable41 | - | - | €24,009 | €12,755 | €14,025 | ▲ 10.0% |
| Cash at bank and in hand54/58 | €13,648 | €24,540 | €5,890 | €4,444 | €10,417 | ▲ 134% |
| Deferred charges and accrued income490/1 | - | - | €606 | - | €183 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205,058 | €177,171 | €122,842 | €136,834 | €82,227 | ▼ 39.9% |
| Equity10/15 | €21,338 | €53,783 | €52,011 | €33,364 | €11,390 | ▼ 65.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | - | - | - |
| Reserves13 | €13,256 | €13,256 | €13,256 | €13,256 | €13,256 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €11,396 | €11,396 | €11,396 | = |
| Profit (loss) carried forward14 | €1,883 | €34,327 | €32,556 | €13,908 | -€8,066 | ▼ 158% |
| Amounts payable17/49 | €183,720 | €123,388 | €70,831 | €103,471 | €70,837 | ▼ 31.5% |
| Amounts payable after more than one year17 | €2,363 | - | - | - | - | - |
| Amounts payable within one year42/48 | €181,357 | €123,388 | €70,831 | €103,471 | €70,837 | ▼ 31.5% |
| Financial debts43 | - | - | - | - | €1,617 | - |
| Credit institutions430/8 | - | - | - | - | €1,617 | - |
| Trade debts44 | €149,929 | €106,572 | - | €68,720 | €49,235 | ▼ 28.4% |
| Suppliers440/4 | - | - | - | €68,720 | €49,235 | ▼ 28.4% |
| Taxes, remuneration and social security45 | - | - | €43,963 | €20,127 | €16,274 | ▼ 19.1% |
| Taxes450/3 | - | - | €11,946 | €5,188 | - | - |
| Remuneration and social security454/9 | - | - | €32,017 | €14,939 | €16,274 | ▲ 8.9% |
| Other amounts payable47/48 | - | - | €26,867 | €14,624 | €3,711 | ▼ 74.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,083 | €32,445 | -€1,771 | -€18,648 | -€21,974 | ▼ 17.8% |
| + Depreciation and write-downs630 | €10,555 | €11,740 | €9,928 | €11,486 | €10,739 | ▼ 6.5% |
| Operating cash flow (approximation) | €13,637 | €44,184 | €8,157 | -€7,162 | -€11,235 | ▼ 56.9% |
| Investment in fixed assets (approximation) | - | -€6,180 | €0 | €0 | €0 | - |
| Change in cash | - | €10,892 | -€18,650 | -€1,447 | €5,974 | ▲ 513% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-11-2025
20-03
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 12-03-2025
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 167 days late
2023
31-12
Financial
Weakest financial yearnet -€21,974
Net result drops to -€21,974, the lowest in the series.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Highest result since 2018net €32,445 ▲952%
Operating result €38,065, net result €32,445, both a record.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2017
Ground area
675 m²
Building footprint
529 m²
Volume, LiDAR
8,015 m³
2 parcels, Brussels · tallest building 23.6 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
STMM
since 20172.266.812.004
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0199/00M006 | Brussels | 597 m² | 1 · 452 m² | 23.6 m · 6 fl. |
| 21618B0335/00Z013 | Brussels | 78 m² | 1 · 77 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ROMAN AYDOGDU CANTERSTEEN 47,
1000 BRUXELLES |
03-11-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.266.812.004
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,219 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)
Founded20-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.