Reorganisation by transfer under court supervision
Docket number
20230061
Moratorium until
17 May 2024 (passed, unless a later judgment extended it)
Delegated judge
Caroline Gaillard
Official Gazette
04-04-2024search the document for 2024/113881
Steps for a creditor
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
A court officer sells the business or part of it. Creditors are paid from the proceeds, according to their ranking.
What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
FollowFollow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
Embed in an article
Embed the STRATTON SYSTEM company card in your article about this reorganisation: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Lifetime
2 annual accounts with figures on one time axis
peak €1.0m (2021)
€696,605▼ 31.7%
lowest -€95,792 (2022)
-€95,792▼ €92,359
peak €16,567 (2021)
-€79,225▼ €95,792
€601,768▲ 76.6%
peak 16 FTE (2021)
14.5 FTE▼ 9.4%
Board3 names since 2020
2 directorsName after signing inVisible after signing in and 1 other
Documentsfilings and deeds
03-07-202328 days before the deadline
2022financial year
Gross margin from €1.0m to €696,605Loss of €95,792Staff from 16 FTE to 14.5 FTEEquity from €16,567 to -€79,225Debts from €340,811 to €601,768Cash from €48,928 to €14,145
Key points
from the 2022 annual accounts, the last ones filed
Registered office moved from Marchienne Au Pont to Charleroi
New registered office: Rue Tumelaire 23 Bte 31 à 6000 CHARLEROI · Previous registered office: Rue Max Lambert 37 à 6030 MARCHIENNE AU PONT · Gazette deed
Appointment: Name hiddenVisible after signing in (liquidator)
Gazette deed
The KBO lists the legal status of STRATTON SYSTEM as dissolution or liquidation, with no start date. The liquidator is Name after signing inVisible after signing in. The 2022 annual accounts show negative equity (-€79,225) and a net result of -€95,792.
full format, filed on 03-07-2023, 28 days before the deadline
€696,605
▼ 31.7%
-€87,789
▼ €93,054
-€95,792
▼ €92,359
-€16,092
▼ €35,344
-15.2%
▼ 19.8 percentage points
0.97
▼ 0.09
The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.0m. Estimated: probably between €1.5m and €2.6m.
Balance sheet
balance sheet total €522,542 on 31-12-2022
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2022
2021
-72,685
22,753
-80,688
14,055
0
54,149
-34,782
-
-16,092
19,251
-15.2%
4.6%
0.97
1.06
0.48
0.56
-
20.57
-
-20.7%
-18.3%
-1.0%
-4.90
5.17
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
Social balance sheet
The social balance sheet is the part of the annual accounts about staff: how many people work there, on which contract, who joined and who left, and what they cost. It shows whether an employer is growing or shrinking.
Item
31-12-2022
31-12-2021
Employees at the balance-sheet date
15
16
full-time
14
16
part-time
1
-
in full-time equivalents
14.5
16
14.5
16
On a permanent contract
14
16
Joined
1
16
Left
2
0
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2022
2021
Tangible fixed assets
-
€53,843
Financial fixed assets
-
€306
€15,104
€17,488
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on STRATTON SYSTEM
The operating result for 2022 is a loss of €87,789, after a profit of €5,265 in 2021.
Equity is negative. Debt (€601,768) exceeds the balance-sheet total (€522,542).
Board & ownership
Last board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
2 directors, no change since 2024
Name hiddenVisible after signing in
Director (not named in the articles)
appointed by deed of 22-06-2020term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
3 names, the dashed line is today
202020212022202320242025202620272028
Name hiddenVisible after signing in Director (not named in the articles)
Hidden nameVisible after signing in Director (not named in the articles)
Name after signing inVisible after signing in Liquidator
BoardOther function
Mandates as a list
Name hiddenVisible after signing in
Director (not named in the articles), appointed by deed of 22-06-2020, still in office
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 22-06-2020, still in office
Name after signing inVisible after signing in
Liquidator, appointed by deed of 15-01-2025, still in office
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 17:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
1 last director with another company that went bankrupt, was dissolved or struck off
Name after signing inVisible after signing in
1 other company of this director went bankrupt (2025).
Name hiddenVisible after signing inbankruptcy on 28-04-2025appointed in 2018, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
STRATTON SYSTEM has no parent and no holdings in its annual accounts.
At the same address
At the same address
These companies are registered at the seat of STRATTON SYSTEM today. That says who is based there, not who owns the building.
Registered office moved from Marchienne Au Pont to CharleroiNew registered office: Rue Tumelaire 23 Bte 31 à 6000 CHARLEROI · Previous registered office: Rue Max Lambert 37 à 6030 MARCHIENNE AU PONT2 points ▸
Court decision, 03-02-2025
Registered-office move, Rue Tumelaire 23 Bte 31 à 6000 CHARLEROI
Annual accounts 2022 filedPDFfull format · 28 days before the deadline
2022
Annual accounts 2021 filedPDFfull format · 3 days before the deadline
2020
IncorporationFounding capital of €20,000, 100 shares · Founders: Hidden nameVisible after signing in (founder and shareholder) and Name after signing inVisible after signing in (founder and shareholder) · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 22-06-20207 points ▸
Founder, Name after signing inVisible after signing in (and shareholder)
Founder, Name hiddenVisible after signing in (and shareholder)
Founding capital, €20,000, 100 shares
Registered office clause, Rue Max Lambert n°37, 6030 Marchienne-au-Pont
Board rule, 2
Director appointment, Hidden nameVisible after signing in (director (not named in the articles))
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 18 June 2020, STRATTON SYSTEM was incorporated as a private limited company by two natural persons, with a starting capital of €20,000.12In 2025 the registered office moved to Charleroi.3Today the board has 2 members.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
JC 200Auxiliary committee for white-collar workers
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’achat,la vente,l’échange,la gestion,la valorisation de toutes valeurs mobilières ou immobilières,actions,parts sociales,obligations,fonds…”
24 activities
L’achat,la vente,l’échange,la gestion,la valorisation de toutes valeurs mobilières ou immobilières,actions,parts sociales,obligations,fonds d’Etat,et de tous biens meubles et droits mobiliers ou immobiliers.
L’entreposage,le gardiennage,la manutention et la gestion de stocks de marchandises,de produits et véhicules divers.
La prise de participation et détention,sous quelque forme que ce soit,dans toutes sociétés ou entreprises industrielles,commerciales,financières agricoles et immobilières,existantes ou à créer,belges ou étrangères.
La société peut s’intéresser par toutes voies dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue ou connexe,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits,et/ou l’extension de son activité.
L’importation ou exportation de toutes matières,produits,dérivés,tant en à titre principal que partiel avec ou sans l’usage de soustraitants.
L’industrialisation du bois,pvc,aluminium et de différentes matières premières et de leurs dérivés et en particulier la fabrication et le placement de châssis,portes,vérandas,volets de bois,PVC,aluminium ou autres matières en ce compris l’ébénisterie,le vitrage,le transport et la quincaillerie,ainsi que tous travaux de finition dans le cadre de la transformation,rénovation,l’isolation,la sécurisation ou toute autre opération en rapport avec la fermeture de bâtiments y compris la toiture.
La rénovation,entretien,construction de biens immobiliers,d’ellemême ou en sous-traitance.
L’exercice de mandats d’administrateur pour d’autres activités,entreprises,sociétés,filiales ou non.
Servir d’intermédiaire à toute opération se rapportant à l’objet social et percevoir des commissions.
Prêter à toutes sociétés et se porter caution pour elles,même hypothécairement.
La société a pour objet la constitution et la valorisation d’un patrimoine immobilier.Dans ce cadre,elle peut accomplir toutes opérations mobilières,immobilières ou financières se rattachant directement ou indirectement à son objet social.
L’achat,l’échange,la vente,la prise en location et en souslocation,ainsi que la cession en location et en sous-location,le tout avec ou sans option d’achat,de même que l’exploitation,la gestion et l’entretien de:maisons,appartements,bureaux,magasins,fonds de commerce,parkings,garages,stations-service,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement;
Toutes activités d’étude et de conseils en matière immobilière,l’activité de gestion de tout patrimoine immobilier ou de tous biens immobiliers,le commerce de tous matériaux,et la signature de tous contrats d’entreprise en lien avec l’objet social immobilier.
L’achat,la vente,le lotissement,la démolition,la construction,la reconstruction,la rénovation,la transformation,la promotion,l’aménagement,la mise en valeur,la conception de tous projets immobiliers,la mise ou la prise en location,la souslocation,la constitution de baux emphytéotiques,contrat de superficie,l’exploitation,l’administration,la gestion et l’entretien de tous biens immeubles bâtis ou non et de tous droits immobiliers,la négociation de tous accords et contrats,se rapportant a des droits immobiliers ou mobiliers en découlant directement ou tous services s'y rapportant et de manière général,l'exécution de toutes opérations immobilières quelle qu’en soit son affection en ce compris,le cas échéant,l’activité de marchand de biens.
De même que toutes autres activités et transactions immobilières ne nécessitant pas un accès a la profession,a titre exemplatif mais non limitatif:
La société dispose,d’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet social ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet.
Elle pourra réaliser toutes opérations immobilières mais également toutes opérations commerciales,industrielles,financières et mobilières,pouvant permettre ou favoriser l’exercice et le développement de ses activités et se rattachant directement ou indirectement à son objet social.
Elle pourra en outre exercer des mandats d’administrateur ou de liquidateur dans d’autres sociétés.
La prise de participation directe ou indirecte dans toute société ou entreprise commerciale,industrielle,financière,mobilière ou immobilière;
Le contrôle de leur gestion ou la participation a celleci par la prise de tous mandats au sein desdites sociétés et entreprises;
D’une façon générale,la société peut réaliser toutes opérations mobilières et immobilières,commerciales,industrielles ou financières,se rattachant directement ou indirectement a son objet social ou qui sont de nature a faciliter l’extension ou le développement,tant en Belgique qu’a l’étranger notamment sans que la désignation soit limitative;emprunter avec ou sans garantie,hypothéquer ou gager ses biens,ou se porter caution personnelle et/ou réelle,au profit d’autres entreprises,sociétés ou tiers,sous réserve des dispositions légales afférentes;S’intéresser par voie d'association,d'apport ou de fusion,de souscription,de participation,d'intervention financière ou autrement,dans toutes sociétés,entreprises ou associations,existantes ou à créer dont l’objet est identique,analogue,similaire ou connexe a tout ou partie de celui de la présente société,et conférer toutes suretés pour compte de tiers;exercer la gérance d’autres sociétés.
Elle pourra s'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
La société pourra exercer la ou les fonctions d’administrateur ou liquidateur.
Elle pourra se porter caution et donner toute sûreté personnelle ou réelle,en faveur de toute personne ou de toute société liée ou non.