STRATTON RED
Open bankruptcyA bankruptcy procedure is open for STRATTON RED according to publications in the Belgian State Gazette; curator: DIRK LEROUX.
Summary
The 2023 annual accounts show negative equity (-€1.1m) and a net result of -€1.3m.
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
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 16 September 2025
- Supervising judge
- Marleen Mannekens
- Official Gazette
- 22-09-2025 (pdf) ↗search the document for 2025/137805
Deadlines
- Provisional date payments stopped
- 10 September 2025Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 7 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 October 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 21 October 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 16 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Dirk LerouxKortrijksesteenweg 1166, 9051 D Sint-Denijs-Westrem(Gent)dirk.leroux@dl-law.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 27-10-2023, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
4 d early
2022
7 d early
2021
3 d early
2020
30 d late
2019
29 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 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
-€1.1m
2022 · €116,679
Total assets
€506,547▼ 60.1%
2022 · €1.3m
Net result
-€1.3m▼ 2,874%
2022 · -€42,462
Working capital
-€1.1m
2022 · €116,679
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€35,807-€19,028-€449,210-€5,390▲ 98.8%-€217,938▼ 3,943%
Net result-€48,379--€129,132below the sector's middle half▼ 167%-€442,220below the sector's middle half▼ 242%-€42,462below the sector's middle half▲ 90.4%-€1.3mbelow the sector's middle half▼ 2,874%
Equity€730,494-€601,361within the sector's middle half▼ 17.7%€159,141within the sector's middle half▼ 73.5%€116,679within the sector's middle half▼ 26.7%-€1.1mbelow the sector's middle half
Total assets€1.4m-€1.4mwithin the sector's middle half▼ 2.3%€1.3mwithin the sector's middle half▼ 6.9%€1.3mwithin the sector's middle half=€506,547below the sector's middle half▼ 60.1%
Debt€225,987-€560,607▲ 148%€1.1m▲ 97.8%€1.2m▲ 3.9%€1.7m▲ 43.5%
Working capital€1.2m-€801,361▼ 31.4%€159,141▼ 80.1%€116,679▼ 26.7%-€1.1m
Solvency52.4%-44.2%within the sector's middle half▼ 8.2pp12.6%within the sector's middle half▼ 31.6pp9.2%below the sector's middle half▼ 3.4pp-226.3%below the sector's middle half▼ 235.5pp
Staff (FTE)0below the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €217,938 in 2023 against €5,390 in 2022; the loss grows.
Key figures and ratios
Current ratio
0.31▼
2022 · 1.10
Quick ratio
0.25▼
2022 · 1.07
Debt to equity
-1.44▼
2022 · 9.87
ROA
-249.3%▼
2022 · -3.3%
Debt ≤ 1 year
€1.7m▲
2022 · €1.2m
Income taxes
€0▼
2022 · €23,815
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 |
|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - |
| Other operating charges640/8 | - | - | - | €120 | €213,040 | ▲ 177,138% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - |
| Gross operating margin9900 | €165,443 | €43,874 | -€8,718 | -€5,270 | -€4,898 | ▲ 7.1% |
| Operating profit (loss)9901 | -€35,807 | €19,028 | -€449,210 | -€5,390 | -€217,938 | ▼ 3,943% |
| Financial income75/76B | - | - | - | €574 | €583 | ▲ 1.5% |
| Recurring financial income75 | €9,551 | €10,263 | €9,628 | €574 | €583 | ▲ 1.5% |
| Financial charges65/66B | - | - | - | €13,831 | €1.0m | ▲ 7,459% |
| Recurring financial charges65 | €12,327 | €659 | €2,638 | €13,831 | €1.0m | ▲ 7,459% |
| Profit (loss) for the period before taxes9903 | -€38,583 | -€25,426 | -€442,220 | -€18,647 | -€1.3m | ▼ 6,672% |
| Income taxes67/77 | €9,796 | €341,566 | €0 | €23,815 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€48,379 | -€129,132 | -€442,220 | -€42,462 | -€1.3m | ▼ 2,874% |
| Profit (loss) for the period to be appropriated9905 | -€48,379 | €332,596 | -€442,220 | -€42,462 | -€1.3m | ▼ 2,874% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.3m | €1.3m | €506,547 | ▼ 60.1% |
| Current assets29/58 | €1.4m | €1.4m | €1.3m | €1.3m | €506,547 | ▼ 60.1% |
| Stocks and contracts in progress3 | €61,813 | €35,152 | €35,152 | €35,152 | €90,000 | ▲ 156% |
| Stocks30/36 | - | - | - | €35,152 | €90,000 | ▲ 156% |
| Amounts receivable within one year40/41 | €1.3m | €1.3m | €1.2m | €1.2m | €416,547 | ▼ 66.2% |
| Trade receivables40 | - | - | - | €6,676 | €216,676 | ▲ 3,146% |
| Other amounts receivable41 | - | - | - | €1.2m | €199,871 | ▼ 83.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.3m | €1.3m | €506,547 | ▼ 60.1% |
| Equity10/15 | €730,494 | €601,361 | €159,141 | €116,679 | -€1.1m | ▼ 1,082% |
| Contributions10/11 | €68,344 | €68,344 | €68,344 | €121,468 | €121,468 | = |
| Capital10 | - | - | - | €68,344 | €68,344 | = |
| Issued capital100 | - | - | - | €68,344 | €68,344 | = |
| Outside capital11 | - | - | - | €53,124 | €53,124 | = |
| Share premium1100/10 | - | - | - | €53,124 | €53,124 | = |
| Reserves13 | €504,906 | €43,178 | €43,178 | €43,178 | €43,178 | = |
| Non-distributable reserves130/1 | - | - | - | €12,147 | €12,147 | = |
| Legal reserve130 | - | - | - | €12,147 | €12,147 | = |
| Tax-exempt reserves132 | - | - | - | €31,031 | €31,031 | = |
| Profit (loss) carried forward14 | €104,120 | €436,716 | -€5,504 | -€47,967 | -€1.3m | ▼ 2,633% |
| Provisions and deferred taxes16 | €437,860 | €200,000 | €0 | - | - | - |
| Amounts payable17/49 | €225,987 | €560,607 | €1.1m | €1.2m | €1.7m | ▲ 43.5% |
| Amounts payable within one year42/48 | €225,987 | €560,607 | €1.1m | €1.2m | €1.7m | ▲ 43.5% |
| Trade debts44 | €56,616 | €120,007 | €243,559 | €395,236 | €386,471 | ▼ 2.2% |
| Suppliers440/4 | - | - | - | €395,236 | €386,471 | ▼ 2.2% |
| Taxes, remuneration and social security45 | - | - | - | €62,053 | €62,053 | = |
| Taxes450/3 | - | - | - | €62,053 | €62,053 | = |
| Other amounts payable47/48 | - | - | - | €694,596 | €1.2m | ▲ 73.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€48,379 | -€129,132 | -€442,220 | -€42,462 | -€1.3m | ▼ 2,874% |
| Operating cash flow (approximation) | -€48,379 | -€129,132 | -€442,220 | -€42,462 | -€1.3m | ▼ 2,874% |
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
22-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 16-09-2025
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 363 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
08-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Sint-Martens-Latem · 1 establishment unit since 1994
Ground area
7,043 m²
Building footprint
1,509 m²
Volume, LiDAR
3,533 m³
Parcel 44064B0246/00F000, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
92
companies at this address
See who is registered here
1 establishment unit
STRATTON RED
since 19942.047.742.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 | DIRK LEROUX KORTRIJKSESTEENWEG 1166, 9051 D
SINT-DENIJS-WESTREM(GENT) |
16-09-2025 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- 3d Partners
- STRATTON RED
Highest known parent: 3d Partners. The sources do not say who stands above it.
Owners 1
- 3d Partnersparent99.78%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-03-1990
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
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.