Active BE 0870.732.673Private limited companyOpen bankruptcy

STOL

· 21 yrs active

Sector: Financial services (64210)

Conclusion Checked

A bankruptcy procedure is open for STOL according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2021 annual accounts show equity of €538k and a net result of €357k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€538k
Net result	€357k
Active	21 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

43 / 100

Fragile profile — watch stability in particular.

Health 1

Profitability 100

Solvency 38

Growth 78

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

70 / 100

Severe risk

Components

· 2 judicial reorganisations (+20)

· 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 2021 · computed

1 / 100 Critical

050100

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

Financial overview10 NBB filings

Annual accounts filed on 27-07-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

EBITDA

€499k

— 19–21

Net profit

€357k

— 19–21

Cash flow

€359k

— 19–21

Total assets

€1.71M

+37.8% 19–21

Equity

€538k

+198.4% 19–21

Working capital

€-1.02M

— 19–21

Income taxes

€131k

+1612.5% 19–21

Debt

€1.17M

+10.5% 19–21

Debt ≤ 1y

€1.17M

+288.1% 19–21

Debt > 1y

€757k

— 19–21

Current ratio

0.12

-92.3% 19–21

Quick ratio

0.12

-92.3% 19–21

Solvency

31.5%

+116.5% 19–21

Debt / equity

2.18

-48.2% 19–21

ROE

66.5%

— 19–21

ROA

20.9%

— 19–21

Interest coverage

28.36

— 19–21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	—
EBITDA	€499k
Net profit	€357k
Cash flow	€359k
Staff costs	—
Income taxes	€131k
Dividends	—
Total assets	€1.71M
Equity	€538k
Debt	€1.17M
of which ≤ 1y	€1.17M
of which > 1y	—
Working capital	€-1.02M
Employees (FTE)	—

Ratios (computed)

	2021
Current ratio	0.12
Quick ratio	0.12
Working capital ratio	-60.0%
Solvency	31.5%
Debt / equity	2.18
Long-term debt ratio	—
Interest coverage	28.36
Gross margin	—
Net margin	—
ROA	20.9%
ROE	66.5%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2021

Assets

Fixed assets €1.56M · 91.5% Current assets €145k · 8.5%

Equity & liabilities

Equity €538k · 31.5% Debt €1.17M · 68.5%

Full annual accounts

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

Line item	Code	2021
Balance sheet — Assets
TOTAL ASSETS	20/58	€1.71M
Fixed assets	21/28	€1.56M
Tangible fixed assets	22/27	€47k
Financial fixed assets	28	€1.52M
Current assets	29/58	€145k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€143k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.71M
Equity	10/15	€538k
Contributions / capital	10/11	€107k
Reserves	13	€75k
Accumulated profits (losses)	14	€356k
Amounts payable	17/49	€1.17M
Amounts payable within one year	42/48	€1.17M
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€897k
Operating result	9901	€498k
Financial income	75	€8k
Financial charges	65	€18k
Result before taxes	9903	€488k
Income taxes	67/77	€131k
Net result for the period	9904	€357k
Result to be appropriated	9905	€357k

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Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	MICHAEL WARSON KUNSTLAAN 18 BUS 6, 3500 HASSELT ↔ Also on 113 other cases	23-01-2025 → present	Belgian State Gazette
Curator	TOM RENCKENS KUNST- LAAN 18 BUS 6, 3500 HASSELT	23-01-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Financial services(64210)
Legal form	Private limited company(610)
Incorporation	22-12-2004
Status	Active
Postal code	—
First BS signal	29-09-2023
Latest BS signal	29-01-2025

Company structure — linked entities2 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

STOL

het ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media

since 20052.144.797.187

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71328D0376/00F000	Flanders	1,389 m²	1 · 471 m²	18.2 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

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

Updates 13 events

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

2025

29-01-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · STOL BV ILGATLAAN 9, 3500 HASSELT · event 23-01-2025

2024

10-01-2024

Judicial reorganisation Plan homologation

Ondernemingsrechtbank Antwerpen · 20230025 · event 22-12-2023

2023

29-09-2023

Judicial reorganisation Opening

Ondernemingsrechtbank Antwerpen · collectif · event 22-09-2023

27-07-2023