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Complete company report
Generated 23-06-2026
Active BE 0774.652.787Private limited companyOpen bankruptcy

TheStuff

Rusatiralaan 10 ·1083 Ganshoren, Belgium· 4 yrs active
Sector: Wholesale trade (46160)
Conclusion Checked

A bankruptcy procedure is open for TheStuff according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2024 annual accounts show negative equity (€-462k) and a net result of €-14k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-462k
Net result €-14k
Staff (FTE) 5.4
Better than sector 5%
Snowflake analysis 5 axes · computed by Checked
Health0Profitability15Solvency33Growth32Stability0
16 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 15
Solvency 33
Growth 32
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
60 / 100
High risk
Components
· 1 judicial reorganisation (+10)
· 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 overview4 NBB filings
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · verkort
€-150k€-100k€-50k€0€50kOperating result 2021: €43k€43kNet result 2021: €32k€32kOperating result 2024: €-117k€-117kNet result 2024: €-14k€-14k20212024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -119.2% 15.8%
better than 5% of 129 sector peers
Net result €-14k €19k
better than 25% of 129 sector peers
Equity €-462k €64k
better than 5% of 129 sector peers
Gross operating margin €184k €139k
better than 56% of 128 sector peers
Staff costs €275k €153k
higher than 69% of 74 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-95k
— 21–24
Net profit
€-14k
— 21–24
Cash flow
€8k
-76.2% 21–24
Total assets
€387k
-66.7% 21–24
Equity
€-462k
— 21–24
Working capital
€-444k
-331.2% 21–24
Employees (FTE)
5
+285.7% 21–24
Staff costs
€275k
+145.0% 21–24
Income taxes
€433
-96.0% 21–24
Debt
€849k
-24.5% 21–24
Debt ≤ 1y
€525k
-53.3% 21–24
Debt > 1y
€324k
— 21–24
Current ratio
0.15
-83.0% 21–24
Quick ratio
0.15
-83.5% 21–24
Solvency
-119.2%
— 21–24
Debt / equity
-1.84
— 21–24
ROE
3.0%
-96.3% 21–24
ROA
-3.6%
— 21–24
Interest coverage
-6.91
— 21–24
Figures by fiscal year
Fiscal year2024
Revenue—
EBITDA€-95k
Net profit€-14k
Cash flow€8k
Staff costs€275k
Income taxes€433
Dividends—
Total assets€387k
Equity€-462k
Debt€849k
of which ≤ 1y€525k
of which > 1y€324k
Working capital€-444k
Employees (FTE)5.4
Ratios (computed)
2024
Current ratio0.15
Quick ratio0.15
Working capital ratio-114.5%
Solvency-119.2%
Debt / equity-1.84
Long-term debt ratio-0.70
Interest coverage-6.91
Gross margin—
Net margin—
ROA-3.6%
ROE3.0%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€387k
Fixed assets 21/28€306k
Intangible fixed assets 21€131k
Tangible fixed assets 22/27€8k
Financial fixed assets 28€167k
Current assets 29/58€81k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€72k
Cash & bank 54/58€2k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€387k
Equity 10/15€-462k
Contributions / capital 10/11€148
Reserves 13€176k
Accumulated profits (losses) 14€-637k
Amounts payable 17/49€849k
Amounts payable after one year 17€324k
Amounts payable within one year 42/48€525k
Trade debts payable within one year 44€219k
Income statement
Gross operating margin 9900€184k
Operating result 9901€-117k
Financial income 75€118k
Financial charges 65€14k
Result before taxes 9903€-13k
Income taxes 67/77€433
Net result for the period 9904€-14k
Result to be appropriated 9905€-14k
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 MICHIEL VERRAES
EDMOND TOLLENAERE- STRAAT 56-79 B23, 1020 BRUSSEL 2
 05-08-2025 → present Belgian State Gazette
Legal Structure
NACE primary Wholesale trade(46160)
Legal form Private limited company(610)
Incorporation28-09-2021
StatusActive
Postal code1083
First BS signal 26-09-2023
Latest BS signal 12-08-2025
Company structure — linked entities1 linked entities
TheStuffBE 0774.652.787MICHIEL VERRAESReceiver ↔ 145IRIDMDRIVE US UPPFR INVEST
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
Rusatiralaan 10, 1083 Ganshoren
Textielveredeling
since 20212.322.167.825
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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21392A0008/00L005 Brussels 3,334 m² 1 · 1,244 m² 8.4 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 10 events

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

2025
12-08-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · THESTUFF BV RUSATIRA- LAAN 10, 1083 GANSHOREN · event 05-08-2025
28-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
24-07-2025
State Gazette act Director changes
13-03-2025
State Gazette act Director changes
2024
07-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
02-08-2024
State Gazette act Director changes
2023
26-09-2023
Judicial reorganisation Opening
ondernemingsrechtbank Brussel · amiable · event 13-09-2023
23-08-2023
State Gazette act Registered-office change
11-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
Lifecycle & Insolvency Signals 2 events
12-08-2025
Bankruptcy Opening
Date: 05-08-2025 · Ondernemingsrechtbank Brussel · THESTUFF BV RUSATIRA- LAAN 10, 1083 GANSHOREN · Publications in State Gazette ↗
26-09-2023
Judicial reorganisation Opening
Date: 13-09-2023 · ondernemingsrechtbank Brussel · amiable · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-09-26 · Judicial reorganisation · Opening2025-08-12 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 4 acts
Address history · 1
23-08-2023
Registered-office move
All acts · 4 updated 11 months ago
2025
24-07-2025 2 directors appointed, 1 resigning Director changes
  • Bram Lavens — Bestuurder
  • Lotte Van De Mierop — Vaste vertegenwoordiger
  • BV ROOTS MANĀGEMENT — Bestuurder
Technical details 
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      "reason": "de_plein_droit_dissolution",
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        "name": "BV ROOTS MAN\u0100GEMENT",
        "address": "Wijnegemsteenweg 22 bus 2, 2970 Schilde",
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      "statutory": null,
      "compensated": null,
      "effective_date": "2025-06-24",
      "evidence_quote": "Uit de notulen van de bijzondere algemene vergadering van 24 juni 2025 blijkt het ontslag als bestuurder met ingang van 24 juni 2025 van BV ROOTS MAN\u0100GEMENT",
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    {
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      "role": "vaste_vertegenwoordiger",
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  },
  "act_meta": {
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  "decisions": [
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      "date": "2025-06-24",
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  "subject_company": {
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    "name_full": "TheStuff",
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  "publication_proxy": {
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  "co_filed_documents": [],
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}
13-03-2025 2 directors appointed Director changes
  • Bram LAVENS — Vaste vertegenwoordiger
  • Jan HILLEWAERE — Gedelegeerd bestuurder
Technical details 
{
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      "kind": "director_in",
      "role": "vaste_vertegenwoordiger",
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        "rrn": null,
        "name": "Bram LAVENS",
        "address": "8000 Brugge, Kleine Hoedemakersstraat 4",
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      },
      "reason": null,
      "subkind": "successor_conditional",
      "via_org": {
        "kbo": "0725.839.419",
        "name": "BV THE PRINT COLLECTIVE",
        "address": "1083 Ganshoren, Rusatiralaan 10",
        "country": "BE",
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      },
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      "decharge_status": null,
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      "rep_rotation_old_rep": "Thijs JANSE",
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      "reason": null,
      "subkind": "additional",
      "via_org": {
        "kbo": null,
        "name": "BV DECOSTERE ACCOUNTANCY DRONGEN",
        "address": "9031 Gent, Deinsesteenweg 108",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "de bijzondere volmacht aan de heer Jan HILLEWAERE, afzonderlijk bevoegd en met de mogelijkheid van indeplaatsstelling, van BV DECOSTERE ACCOUNTANCY DRONGEN",
      "decharge_status": null,
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    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Thijs JANSE",
        "address": "9052 Gent, Maaltemeers 74, bus 101C",
        "birth_date": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-13",
    "filing_date": "2025-02-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-02-05",
      "unanimous": null
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  ],
  "is_correction": false,
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    "kbo": "0774.652.787",
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  "publication_proxy": {
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}
2024
02-08-2024 2 directors appointed, 4 resigning Director changes
  • Thijs JANSE — Bestuurder
  • Lotte VAN DE MIEROP — Bestuurder
  • BV The Print Collective — Bestuurder
  • BV Excelling — Bestuurder
  • BV SERWOLAR — Bestuurder
  • BV Liorem — Bestuurder
Technical details 
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      "kind": "director_out",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
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        "kbo": "0725.839.419",
        "name": "BV The Print Collective",
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        "kbo": "0677.868.365",
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        "kbo": "0536.370.705",
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    {
      "kind": "director_out",
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        "kbo": "0781.846.031",
        "name": "BV Liorem",
        "address": "Sint-Pietersnieuwstraat 74, 9000 Gent",
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    {
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      "reason": null,
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      "via_org": {
        "kbo": "0725.839.419",
        "name": "BV The Print Collective",
        "address": "Rusatiralaan 10, 1083 Ganshoren",
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        "name": "Lotte VAN DE MIEROP",
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      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0803.385.672",
        "name": "BV Roots Management",
        "address": "Wijnegemsteenweg 22 bus 2, 2970 Schilde",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": "niet_statutair",
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    },
    {
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      "role": "delegated_bestuurder",
      "person": {
        "rrn": null,
        "name": "Jan Hillewaere",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "Decostere Accountancy Drongen BV",
        "address": "Deinsesteenweg 108, 9031 Gent",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
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  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
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    "pub_date": "2024-08-02",
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  "decisions": [
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    "legal_form": "BV"
  },
  "publication_proxy": {
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    "person_name": "Jan HILLEWAERE",
    "org_rep_person_name": null,
    "person_role_at_subject": "Gevolmachtigde"
  },
  "co_filed_documents": [
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  "corrected_publication_numac": null
}
2023
23-08-2023 Registered office moved from Leuven to Ganshoren Registered-office change
  • 3000 Leuven - Brusselsesteenweg 52-54 → 1083 Ganshoren Rusatiralaan 10
Technical details 
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        "city": "Ganshoren",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rusatiralaan",
        "country": "BE",
        "postcode": "1083",
        "box_number": null,
        "street_number": "10",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "3000 Leuven - Brusselsesteenweg 52-54",
        "city": "Leuven",
        "region": "vlaams_gewest",
        "street": "Brusselsesteenweg",
        "country": "BE",
        "postcode": "3000",
        "box_number": null,
        "street_number": "52-54",
        "locality_suffix": null
      },
      "effective_date": "2023-07-10",
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": true,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-08-10",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-07-10",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0774.652.787",
    "name_full": "TheStuff",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0460.289.348",
    "org_name": "BV DECOSTERE ACCOUNTANCY DRONGEN",
    "person_name": null,
    "org_rep_person_name": "Jan Hillewaere",
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "nexes du Moniteur belge"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling in textiel, kleding, bont, schoeisel en lederwaren46160Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren46160Groothandel in werkkleding46421Groothandel in werkkleding46421Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)47716Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716
Primary activity highlighted.
Names & trade names
Legal nameNL TheStuff
Registered office
Rusatiralaan 10
1083 Ganshoren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative