Stey
Open bankruptcyA bankruptcy procedure is open for Stey according to publications in the Belgian State Gazette; curator: WERENFRIED SCHWAGTEN.
Summary
The 2023 annual accounts show equity of €25k and a net result of €51k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€5k
EBIT margin
-81.4%
Net result
€51k
2022 · €-14k
2020: €-3k
2021: €-4k▼ -28.8% vs 2020
2022: €-14k▼ -227% vs 2021lowest in 4 years
2023: €51k▲ +472% vs 2022highest in 4 years
2020 → 2023
Working capital
€24k
2022 · €-2k
2020: €-3k
2021: €-7k▼ -129% vs 2020lowest in 4 years
2022: €-2k▲ +78.2% vs 2021
2023: €24k▲ +1595% vs 2022highest in 4 years
2020 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€5k
Equity€-3k-€-7k▼ 129%€-1k▲ 84.9%€25k
2020: €-3k
2021: €-7k▼ -129% vs 2020lowest in 4 years
2022: €-1k▲ +84.9% vs 2021
2023: €25k▲ +2305% vs 2022highest in 4 years
Operating result€-3k-€-4k▼ 28.3%€-12k▼ 185%€56k
2020: €-3k
2021: €-4k▼ -28.3% vs 2020
2022: €-12k▼ -185% vs 2021lowest in 4 years
2023: €56k▲ +571% vs 2022highest in 4 years
Net result€-3k-€-4k▼ 28.8%€-14k▼ 227%€51k
2020: €-3k
2021: €-4k▼ -28.8% vs 2020
2022: €-14k▼ -227% vs 2021lowest in 4 years
2023: €51k▲ +472% vs 2022highest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €56k after a loss of €12k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €84k
Fixed assets
€500 =
Current assets
€83k ▲ 370%
Equity and liabilities €84k
Equity
€25k
Debt
€59k
Debt finances 70.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.41▲
2022 · 0.92
Debt to equity
2.37▲
2022 · -17.19
ROE
205.5%
ROA
60.9%▲
2022 · -75.2%
Debt ≤ 1 year
€59k▲
2022 · €19k
Income taxes
€6k
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 · 2023 against 2022 · 37 lines
Balance sheet
Code20222023
Assets
Total assets20/58€18k€84k▲
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€18k€83k▲
Amounts receivable within one year40/41€13k€82k▲
Trade receivables40€5k€4k▼
Other amounts receivable41€8k€78k▲
Deferred charges and accrued income490/1€5k€959▼
Equity and liabilities
Total equity and liabilities10/49€18k€84k▲
Equity10/15€-1k€25k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-21k€5k▲
Amounts payable17/49€19k€59k▲
Amounts payable within one year42/48€19k€59k▲
Trade debts44€4k€19k▲
Suppliers440/4€4k€19k▲
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45-€14k
Taxes450/3-€14k
Other amounts payable47/48€10k€26k▲
Income statement
Code20222023
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€992-
Other operating charges640/8€6k€1k▼
Gross operating margin9900€-2k€57k▲
Operating profit (loss)9901€-12k€56k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€2k€135▼
Recurring financial charges65€2k€135▼
Profit (loss) for the period before taxes9903€-14k€57k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€-14k€51k▲
Profit (loss) for the period to be appropriated9905€-14k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€30k▲
Profit (loss) brought forward from the previous period14P€-7k€-21k▼
Profit to be distributed694/7-€25k
Directors or managers695-€25k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €5k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €7k | - | - | - |
| Remuneration, social security and pensions62 | - | €2k | €3k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | €992 | - | - |
| Other operating charges640/8 | - | - | €6k | €1k | ▼ 79.8% |
| Gross operating margin9900 | €-2k | €-2k | €-2k | €57k | ▲ 3,469% |
| Operating profit (loss)9901 | €-3k | €-4k | €-12k | €56k | ▲ 571% |
| Financial income75/76B | - | - | €0 | €2k | ▲ 8,276,400% |
| Recurring financial income75 | €0 | - | €0 | €2k | ▲ 8,276,400% |
| Financial charges65/66B | - | €16 | €2k | €135 | ▼ 92.6% |
| Recurring financial charges65 | €0 | €16 | €2k | €135 | ▼ 92.6% |
| Profit (loss) for the period before taxes9903 | €-3k | €-4k | €-14k | €57k | ▲ 519% |
| Income taxes67/77 | €0 | - | - | €6k | - |
| Profit (loss) for the period9904 | €-3k | €-4k | €-14k | €51k | ▲ 472% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-4k | €-14k | €51k | ▲ 472% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €274 | €2k | €18k | €84k | ▲ 359% |
| Formation expenses20 | €0 | - | - | - | - |
| Fixed assets21/28 | - | - | €500 | €500 | = |
| Intangible fixed assets21 | €0 | - | - | - | - |
| Financial fixed assets28 | €0 | - | €500 | €500 | = |
| Current assets29/58 | €274 | €2k | €18k | €83k | ▲ 370% |
| Stocks and contracts in progress3 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €274 | €2k | €13k | €82k | ▲ 548% |
| Trade receivables40 | - | €1k | €5k | €4k | ▼ 16.8% |
| Other amounts receivable41 | - | €357 | €8k | €78k | ▲ 862% |
| Current investments50/53 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €0 | €20 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €5k | €959 | ▼ 80.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €274 | €2k | €18k | €84k | ▲ 359% |
| Equity10/15 | €-3k | €-7k | €-1k | €25k | ▲ 2,305% |
| Contributions10/11 | - | - | €20k | €20k | = |
| Profit (loss) carried forward14 | €-3k | €-7k | €-21k | €5k | ▲ 123% |
| Amounts payable17/49 | €4k | €9k | €19k | €59k | ▲ 205% |
| Amounts payable within one year42/48 | €4k | €9k | €19k | €59k | ▲ 205% |
| Trade debts44 | €4k | €539 | €4k | €19k | ▲ 348% |
| Suppliers440/4 | - | €539 | €4k | €19k | ▲ 348% |
| Advances received on contracts in progress46 | - | - | €5k | - | - |
| Taxes, remuneration and social security45 | - | - | - | €14k | - |
| Taxes450/3 | - | - | - | €14k | - |
| Other amounts payable47/48 | - | €9k | €10k | €26k | ▲ 159% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-4k | €-14k | €51k | ▲ 472% |
| + Depreciation and write-downs630 | €1k | - | €992 | - | - |
| Operating cash flow (approximation) | €-2k | €-4k | €-13k | €51k | ▲ 501% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €20 | - | - | - |
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
15-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-10-2025
2024
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 150 days late
2023
31-12
Financial
Back to profitnet €51k
Net result €51k after 3 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Antwerpen · 1 establishment unit since 2020
Ground area
449 m²
Building footprint
438 m²
Volume, LiDAR
4,844 m³
Parcel 11811L3958/00T000, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
108
companies at this address
See who is registered here
1 establishment unit
Stey
since 20202.307.654.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3958/00T000 | Flanders | 449 m² | 1 · 438 m² | 20.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WERENFRIED SCHWAGTEN PRINS BOUDEWIJN-
LAAN 177-179, 2610 WILRIJK (ANTWERPEN)- |
09-10-2025 → present |
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Of 295 companies in sector 42211 we hold annual accounts for 132. 88 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
Founded21-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42211Civil engineering
42212Civil engineering
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
Scores and ratios are computed by Checked and are not a credit decision.