Active BE 0675.875.709Private limited company (pre-2019)Open bankruptcy

STRETCH

Gentseweg(BEV) 309A ·9120 Beveren-Kruibeke-Zwijndrecht, Belgium· 9 yrs active

Sector: Wholesale trade (46130)

Conclusion Checked

A bankruptcy procedure is open for STRETCH according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €64k and a net result of €-8k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€64k
Net result	€-8k
Staff (FTE)	2.2
Active	9 yrs

Snowflake analysis 5 axes · computed by Checked

15 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 0

Solvency 22

Growth 52

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 2024 · computed

0 / 100 Critical

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

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

Financial overview8 NBB filings

Annual accounts filed on 20-02-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

EBITDA

€53k

+20.6% +105% vs sector

Net profit

€-8k

— -146% vs sector

Cash flow

€40k

+45.5% +82% vs sector

Total assets

€1.02M

+456.5% +680% vs sector

Equity

€64k

+58.1% +73% vs sector

Working capital

€124k

+286.8% +2251% vs sector

Employees (FTE)

2

— -74% vs sector

Staff costs

€169k

— +2660% vs sector

Income taxes

€10k

— +45% vs sector

Debt

€961k

+568.9% +864% vs sector

Debt ≤ 1y

€429k

+270.2% +368% vs sector

Debt > 1y

€532k

+1821.4% +1372% vs sector

Current ratio

1.29

+1.0% +39% vs sector

Quick ratio

0.54

-37.4% -35% vs sector

Solvency

6.3%

-71.6% -76% vs sector

Debt / equity

15.00

+2096.6% +1075% vs sector

ROE

-12.2%

— -122% vs sector

ROA

-0.8%

— -106% vs sector

Interest coverage

1.36

— -95% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€53k
Net profit	€-8k
Cash flow	€40k
Staff costs	€169k
Income taxes	€10k
Dividends	—
Total assets	€1.02M
Equity	€64k
Debt	€961k
of which ≤ 1y	€429k
of which > 1y	€532k
Working capital	€124k
Employees (FTE)	2.2

Ratios (computed)

	2024
Current ratio	1.29
Quick ratio	0.54
Working capital ratio	12.1%
Solvency	6.3%
Debt / equity	15.00
Long-term debt ratio	8.30
Interest coverage	1.36
Gross margin	—
Net margin	—
ROA	-0.8%
ROE	-12.2%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €471k · 46.0% Current assets €554k · 54.0%

Equity & liabilities

Equity €64k · 6.3% Debt €961k · 93.8%

Full annual accounts

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

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€1.02M
Fixed assets	21/28	€471k
Tangible fixed assets	22/27	€199k
Financial fixed assets	28	€273k
Current assets	29/58	€554k
Stocks & contracts in progress	3	€320k
Amounts receivable within one year	40/41	€188k
Cash & bank	54/58	€35k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.02M
Equity	10/15	€64k
Contributions / capital	10/11	€12k
Reserves	13	€16k
Accumulated profits (losses)	14	€36k
Amounts payable	17/49	€961k
Amounts payable after one year	17	€532k
Amounts payable within one year	42/48	€429k
Trade debts payable within one year	44	€115k
Income statement
Gross operating margin	9900	€253k
Operating result	9901	€5k
Financial income	75	€36k
Financial charges	65	€39k
Result before taxes	9903	€2k
Income taxes	67/77	€10k
Net result for the period	9904	€-8k
Result to be appropriated	9905	€-8k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JOHAN COLPAERT HULSTBAAN 233A, 9112 SINAAI- WAAS	16-02-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46130)
Legal form	Private limited company (pre-2019)(015)
Incorporation	19-05-2017
Status	Active
Postal code	9120
First BS signal	20-02-2026
Latest BS signal	20-02-2026

Company structure — linked entities1 linked entities

Mandates

Establishment units 1 location

STRETCH

Gentseweg(BEV) 309A, 9120 Beveren-Kruibeke-ZwijndrechtVervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding

since 20172.264.574.866

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.
46009B0028/00X000	Flanders	1.7 ha	1 · 5,757 m²	41.3 m · 2 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 9 events

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

2026

20-02-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · STRETCH BV GENTSEWEG- (BEV) 309A/3, 9120 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 16-02-2026

20-02-2026