Active BE 0881.705.155Private limited company (pre-2019)Open bankruptcy

STANGE

Chaussée de Bruxelles 526 ·1410 Waterloo, Belgium· 20 yrs active

Sector: Activiteiten van eetgelegenheden met volledige bediening (56111)

Conclusion Checked

A bankruptcy procedure is open for STANGE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-107k) and a net result of €-80k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-107k
Net result	€-80k
Staff (FTE)	4.4
Better than sector	5%

Financial profile 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

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

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-07-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-236.7%	16.6%	better than 5% of 3685 sector peers
Net result	€-80k	€660	better than 5% of 3666 sector peers
Equity	€-107k	€10k	better than 5% of 3691 sector peers
Gross operating margin	€109k	€34k	better than 77% of 3651 sector peers
Staff costs	€172k	€40k	higher than 89% of 2579 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-71k

-2151.7% 18-22

Net profit

€-80k

-648.7% 18-22

Cash flow

€-78k

-765.4% 18-22

Total assets

€45k

-35.7% 18-22

Equity

€-107k

-300.1% 18-22

Working capital

€-103k

-357.4% 18-22

Employees (FTE)

4

-10.2% 18-22

Staff costs

€172k

+12.5% 18-22

Show 10 other metrics

Income taxes

€408

-2.7% 18-22

Debt

€152k

+56.8% 18-22

Debt ≤ 1y

€146k

+65.1% 18-22

Current ratio

0.29

-61.1% 18-22

Quick ratio

0.25

-62.5% 18-22

Solvency

-236.7%

-522.6% 18-22

Debt / equity

-1.42

+60.8% 18-22

ROE

75.0%

+87.1% 18-22

ROA

-177.6%

-1064.8% 18-22

Interest coverage

-7.57

-1320.4% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€-71k
Net profit	€-80k
Cash flow	€-78k
Staff costs	€172k
Income taxes	€408
Dividends	-
Total assets	€45k
Equity	€-107k
Debt	€152k
of which ≤ 1y	€146k
of which > 1y	-
Working capital	€-103k
Employees (FTE)	4.4

Ratios (computed)

	2022
Current ratio	0.29
Quick ratio	0.25
Working capital ratio	-229.7%
Solvency	-236.7%
Debt / equity	-1.42
Long-term debt ratio	-
Interest coverage	-7.57
Gross margin	-
Net margin	-
ROA	-177.6%
ROE	75.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €3k · 6.4% Current assets €42k · 93.6%

Full annual accounts (23 line items)

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

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€45k
Fixed assets	21/28	€3k
Tangible fixed assets	22/27	€3k
Financial fixed assets	28	€269
Current assets	29/58	€42k
Stocks & contracts in progress	3	€6k
Amounts receivable within one year	40/41	€20k
Cash & bank	54/58	€16k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€45k
Equity	10/15	€-107k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-125k
Amounts payable	17/49	€152k
Amounts payable within one year	42/48	€146k
Trade debts payable within one year	44	€97k
Income statement
Gross operating margin	9900	€109k
Operating result	9901	€-73k
Financial income	75	€3k
Financial charges	65	€9k
Result before taxes	9903	€-80k
Income taxes	67/77	€408
Net result for the period	9904	€-80k
Result to be appropriated	9905	€-80k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	PHILIPPE MOENS RUE DE CLAIRVAUX 40, 1348 LOUVAIN-LA-NEUVE	11-03-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met volledige bediening(56111)
Legal form	Private limited company (pre-2019)(015)
Incorporation	07-06-2006
Status	Active
Postal code	1410
First BS signal	15-03-2024
Latest BS signal	15-03-2024

Establishment units 2 locations

La Pate et ose

Chaussée de Bruxelles 526, 1410 WaterlooRestaurants van het traditionele type

since 20062.155.280.117

Royal Club de l'Etrier

Groenejagersveld 19, 1000 BrusselRestaurant van het traditionele type

since 20182.273.698.806

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.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21822R0287/00Y004 ProtectedMonumentManege Le Royal Etrier belge	Brussels	6,907 m²	1 · 1,771 m²	15.9 m · 4 fl.
25110A0583/00_000	Wallonia	360 m²	1 · 80 m²	12.8 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 11 events

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

2024

15-03-2024

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · STANGE SRL CHAUSSEE DE BRUXELLES 526, 1410 WATERLOO · event 11-03-2024

2023

27-07-2023