KSTD
BankruptcySummary
The KBO register records for KSTD the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €413k and a net result of €463k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 28-02-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
28 d late
2023
on the day
2022
2 d early
2021
18 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€413k
2023 · €-50k
2021: €648
2022: €-25k▼ -3965% vs 2021
2023: €-50k▼ -99.6% vs 2022lowest in 4 years
2024: €413k▲ +927% vs 2023highest in 4 years
2021 → 2024
Total assets
€639k▲ 115%
2023 · €298k
2021: €298k
2022: €269k▼ -9.8% vs 2021lowest in 4 years
2023: €298k▲ +10.8% vs 2022
2024: €639k▲ +115% vs 2023highest in 4 years
2021 → 2024
Net result
€463k
2023 · €-25k
2021: €-40klowest in 4 years
2022: €-26k▲ +36.4% vs 2021
2023: €-25k▲ +2.9% vs 2022
2024: €463k▲ +1958% vs 2023highest in 4 years
2021 → 2024
Working capital
€449k
2023 · €-102k
2021: €-46k
2022: €-70k▼ -54.0% vs 2021
2023: €-102k▼ -45.0% vs 2022lowest in 4 years
2024: €449k▲ +539% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€648-€-25k€-50k▼ 99.6%€413k
2021: €648
2022: €-25k▼ -3965% vs 2021
2023: €-50k▼ -99.6% vs 2022lowest in 4 years
2024: €413k▲ +927% vs 2023highest in 4 years
Operating result€-14k-€-18k▼ 26.6%€561€471k▲ 83,863%
2021: €-14k
2022: €-18k▼ -26.6% vs 2021lowest in 4 years
2023: €561▲ +103% vs 2022
2024: €471k▲ +83863% vs 2023highest in 4 years
Net result€-40k-€-26k▲ 36.4%€-25k▲ 2.9%€463k
2021: €-40klowest in 4 years
2022: €-26k▲ +36.4% vs 2021
2023: €-25k▲ +2.9% vs 2022
2024: €463k▲ +1958% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 83,863% above 2023 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €639k
Equity
€413k
Debt
€226k
Debt finances 35.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€502k▲
2023 · €31k
Cash flow
€494k▲
2023 · €6k
Current ratio
3.36▲
2023 · 0.64
Debt to equity
0.55▲
2023 · -6.96
ROE
112.1%
ROA
72.5%▲
2023 · -8.4%
Interest coverage
65.45▲
2023 · 1.23
Debt ≤ 1 year
€190k▼
2023 · €286k
Debt > 1 year
€36k▼
2023 · €62k
Staff costs
€103k▲
2023 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€298k€639k▲
Fixed assets21/28€114k-
Tangible fixed assets22/27€114k-
Plant, machinery and equipment23€101k-
Furniture and vehicles24€13k-
Other tangible fixed assets26€388-
Current assets29/58€184k€639k▲
Amounts receivable after more than one year29€112k€112k=
Other amounts receivable291€112k€112k=
Stocks and contracts in progress3€58k-
Stocks30/36€58k-
Amounts receivable within one year40/41€1k€338k▲
Trade receivables40-€269
Other amounts receivable41€1k€338k▲
Cash at bank and in hand54/58€12k€188k▲
Deferred charges and accrued income490/1€74€939▲
Equity and liabilities
Total equity and liabilities10/49€298k€639k▲
Equity10/15€-50k€413k▲
Contributions10/11€41k€41k=
Profit (loss) carried forward14€-91k€372k▲
Amounts payable17/49€348k€226k▼
Amounts payable after more than one year17€62k€36k▼
Financial debts170/4€62k€36k▼
Amounts payable within one year42/48€286k€190k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€238k€140k▼
Suppliers440/4€238k€140k▼
Taxes, remuneration and social security45€23k€24k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€20k€20k▼
Income statement
Code20232024
Remuneration, social security and pensions62€86k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€84k
Gross operating margin9900€121k€694k▲
Operating profit (loss)9901€561€471k▲
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€25k€8k▼
Recurring financial charges65€25k€8k▼
Profit (loss) for the period before taxes9903€-25k€463k▲
Profit (loss) for the period9904€-25k€463k▲
Profit (loss) for the period to be appropriated9905€-25k€463k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€372k▲
Profit (loss) brought forward from the previous period14P€-66k€-91k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €61k | €86k | €103k | ▲ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €30k | €31k | €31k | ▲ 1.3% |
| Other operating charges640/8 | - | €440 | €4k | €5k | ▲ 39.5% |
| Non-recurring operating charges66A | - | - | - | €84k | - |
| Gross operating margin9900 | €127k | €73k | €121k | €694k | ▲ 472% |
| Operating profit (loss)9901 | €-14k | €-18k | €561 | €471k | ▲ 83,863% |
| Financial income75/76B | - | €2k | - | €19 | - |
| Recurring financial income75 | €11 | €2k | - | €19 | - |
| Financial charges65/66B | - | €9k | €25k | €8k | ▼ 69.9% |
| Recurring financial charges65 | €26k | €9k | €25k | €8k | ▼ 69.9% |
| Profit (loss) for the period before taxes9903 | €-40k | €-26k | €-25k | €463k | ▲ 1,958% |
| Profit (loss) for the period9904 | €-40k | €-26k | €-25k | €463k | ▲ 1,958% |
| Profit (loss) for the period to be appropriated9905 | €-40k | €-26k | €-25k | €463k | ▲ 1,958% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €298k | €269k | €298k | €639k | ▲ 115% |
| Fixed assets21/28 | €162k | €132k | €114k | - | - |
| Intangible fixed assets21 | €3k | €841 | - | - | - |
| Tangible fixed assets22/27 | €159k | €131k | €114k | - | - |
| Plant, machinery and equipment23 | - | €120k | €101k | - | - |
| Furniture and vehicles24 | - | €11k | €13k | - | - |
| Other tangible fixed assets26 | - | €545 | €388 | - | - |
| Current assets29/58 | €136k | €136k | €184k | €639k | ▲ 247% |
| Amounts receivable after more than one year29 | - | - | €112k | €112k | = |
| Other amounts receivable291 | - | - | €112k | €112k | = |
| Stocks and contracts in progress3 | €45k | €40k | €58k | - | - |
| Stocks30/36 | - | €40k | €58k | - | - |
| Amounts receivable within one year40/41 | €21k | €63k | €1k | €338k | ▲ 27,520% |
| Trade receivables40 | - | €1k | - | €269 | - |
| Other amounts receivable41 | - | €62k | €1k | €338k | ▲ 27,498% |
| Cash at bank and in hand54/58 | €67k | €33k | €12k | €188k | ▲ 1,411% |
| Deferred charges and accrued income490/1 | - | - | €74 | €939 | ▲ 1,174% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €298k | €269k | €298k | €639k | ▲ 115% |
| Equity10/15 | €648 | €-25k | €-50k | €413k | ▲ 927% |
| Contributions10/11 | €41k | €41k | €41k | €41k | = |
| Capital10 | - | €41k | - | - | - |
| Issued capital100 | - | €41k | - | - | - |
| Profit (loss) carried forward14 | €-40k | €-66k | €-91k | €372k | ▲ 509% |
| Amounts payable17/49 | €297k | €294k | €348k | €226k | ▼ 35.0% |
| Amounts payable after more than one year17 | €112k | €87k | €62k | €36k | ▼ 42.2% |
| Financial debts170/4 | - | €87k | €62k | €36k | ▼ 42.2% |
| Amounts payable within one year42/48 | €182k | €207k | €286k | €190k | ▼ 33.5% |
| Current portion of amounts payable after more than one year42 | - | €25k | €25k | €26k | ▲ 2.4% |
| Trade debts44 | €138k | €169k | €238k | €140k | ▼ 41.2% |
| Suppliers440/4 | - | €169k | €238k | €140k | ▼ 41.2% |
| Taxes, remuneration and social security45 | - | €13k | €23k | €24k | ▲ 6.7% |
| Taxes450/3 | - | €557 | €2k | €4k | ▲ 70.7% |
| Remuneration and social security454/9 | - | €12k | €20k | €20k | ▼ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-40k | €-26k | €-25k | €463k | ▲ 1,958% |
| + Depreciation and write-downs630 | €36k | €30k | €31k | €31k | ▲ 1.3% |
| Operating cash flow (approximation) | €-4k | €5k | €6k | €494k | ▲ 8,360% |
| Investment in fixed assets (approximation) | - | €-545 | €-12k | - | - |
| Change in cash | - | €-33k | €-21k | €176k | ▲ 936% |
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
08-12
KBO administration
Address struck
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Back to profitnet €463k
Net result €463k after 3 loss-making years.
30-06
Financial
Liquidity times 5current ratio 3.36
Current ratio from 0.64 to 3.36; short-term debt falls from €286k to €190k.
30-06
Financial
Equity above €200kEq €413k
Equity rises from €-50k to €413k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Evergem · 1 establishment unit since 2019
Ground area
1.2 ha
Building footprint
2,859 m²
Volume, LiDAR
21,372 m³
2 parcels, Flanders · tallest building 8.4 m, ±3 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
KSTD
since 20192.292.391.201
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0477/00E002 | Flanders | 9,207 m² | 1 · 2,859 m² | 8.4 m · 3 fl. |
| 24014A0309/00H002 | Flanders | 2,450 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBoortmeerbeek2.292.391.201
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-08-2019
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.