Skip to content

STEFF DECANCQ

Active
Hadewijchplein 15 ·8560 Wevelgem, Belgium
Open bankruptcy
KBO/BCE: BE 0824.317.975
Watch Print / PDF
Age16 yrs
Real estate1 parcel · 480 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for STEFF DECANCQ according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-32k) and a net result of €-50k.

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

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
14-11-2023
Bankruptcy Opening
Date: 07-11-2023 · Ondernemingsrechtbank Gent, afdeling Kortrijk · STEFF DECANCQ BV HADE- WIJCHPLEIN 15, 8560 WEVELGEM · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 30-08-2023 30 d late 2023-00419880
31-12-2021 31-07-2022 26-06-2022 35 d early 2022-20100495
31-12-2020 31-07-2021 26-06-2021 35 d early 2021-27100264
31-12-2019 31-07-2020 31-08-2020 31 d late 2020-49600305
31-12-2018 31-07-2019 25-06-2019 36 d early 2019-23300434
31-12-2017 31-07-2018 27-07-2018 4 d early 2018-40500183
31-12-2016 31-07-2017 26-06-2017 35 d early 2017-22200306
31-12-2015 31-07-2016 28-06-2016 33 d early 2016-24500399
31-12-2014 31-07-2015 24-08-2015 24 d late 2015-46900048

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

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 Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-50k
Working capital€42k-26.2%
Directors1

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 30-08-2023 with the NBB · fiscal year 2022 · micro
€-75k€-50k€-25k€0€25k€50kOperating result 2018: €-14k€-14kNet result 2018: €-8k€-8kOperating result 2019: €38k€38kNet result 2019: €18k€18kOperating result 2020: €-42k€-42kNet result 2020: €-33k€-33kOperating result 2021: €21k€21kNet result 2021: €20k€20kOperating result 2022: €-53k€-53kNet result 2022: €-50k€-50k20182019202020212022
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 -55.3% 16.6%
better than 15% of 3685 sector peers
Net result €-50k €660
better than 7% of 3666 sector peers
Equity €-32k €10k
better than 12% of 3691 sector peers
Gross operating margin €-2k €34k
better than 15% of 3651 sector peers
Total assets €57k €73k
better than 41% of 3686 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P15
2020: P36 · n=14352021: P50 · n=22402022: P15 · n=36852020 2022
Weakening position over 2020-2022 · n=1435-3685
Net result P7
2020: P8 · n=14272021: P75 · n=22352022: P7 · n=36662020 2022
Stable position over 2020-2022 · n=1427-3666
Equity P12
2020: P35 · n=14392021: P56 · n=22472022: P12 · n=36912020 2022
Weakening position over 2020-2022 · n=1439-3691
Gross operating margin P15
2020: P5 · n=14212021: P47 · n=22222022: P15 · n=36512020 2022
Stable position over 2020-2022 · n=1421-3651
Describes the position versus peers, not a forecast.
EBITDA
€25k
- 18-22
Net profit
€-50k
- 18-22
Cash flow
€24k
- 18-22
Total assets
€57k
-32.1% 18-22
Equity
€-32k
- 18-22
Working capital
€42k
-26.2% 18-22
Employees (FTE)
1
-37.5% 18-22
Income taxes
€-12
- 18-22
Debt
€39k
-40.6% 18-22
Debt ≤ 1y
€15k
-26.2% 18-22
Debt > 1y
€24k
-47.0% 18-22
Current ratio
3.85
0.0% 18-22
Quick ratio
3.85
0.0% 18-22
Solvency
-55.3%
- 18-22
Debt / equity
-1.22
- 18-22
ROE
159.0%
+47.1% 18-22
ROA
-87.9%
- 18-22
Interest coverage
19.90
- 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€-50k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€57k
Equity€-32k
Debt€39k
of which ≤ 1y€15k
of which > 1y€24k
Working capital€42k
Employees (FTE)-
Ratios (computed)
2022
Current ratio3.85
Quick ratio3.85
Working capital ratio74.1%
Solvency-55.3%
Debt / equity-1.22
Long-term debt ratio-0.75
Interest coverage-
Gross margin-
Net margin-
ROA-87.9%
ROE159.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€57k
Current assets 29/58€57k
Amounts receivable within one year 40/41€56k
Cash & bank 54/58€889
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€57k
Equity 10/15€-32k
Contributions / capital 10/11€12k
Reserves 13€16k
Accumulated profits (losses) 14€-60k
Provisions & deferred taxes 16€50k
Amounts payable 17/49€39k
Amounts payable after one year 17€24k
Amounts payable within one year 42/48€15k
Trade debts payable within one year 44€348
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-53k
Financial income 75€4k
Financial charges 65€1k
Result before taxes 9903€-51k
Net result for the period 9904€-50k
Result to be appropriated 9905€-49k
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.

Health barometer

FY 2022 · computed
0 / 100 Critical
050100
Computed from 4 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.

Directors

Directors & mandates

Not yet read from the acts

8 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator VALERIE STRAGIER
ENGELSE WANDELING 74, 8510 06 KORTRIJK
 07-11-2023 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Private limited company (pre-2019)(015)
Incorporation23-03-2010
StatusActive
Postal code8560
First BS signal 14-11-2023
Latest BS signal 14-11-2023

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Hadewijchplein 158560 Wevelgem
Parcels1
Ground area480 m²
Buildings1
Building footprint115 m²
Volume (LiDAR)1 m³
Tallest building1.0 m

Real-estate footprint

Source: CBE × cadastre · address linking

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.
34012C0750/00H000 Flanders 480 m² 1 · 115 m² 1.0 m
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
14-11-2023
Bankruptcy Opening
Date: 07-11-2023 · Ondernemingsrechtbank Gent, afdeling Kortrijk · STEFF DECANCQ BV HADE- WIJCHPLEIN 15, 8560 WEVELGEM · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-11-14 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency67Growth32Stability0
40 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 67
Growth 32
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 2,996 of the 21,771 companies in this sector. 2,619 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
Legal nameNL STEFF DECANCQ
Registered office
Hadewijchplein 15
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.