Bankrupt · Opening faillissement (CBE)

STRATTON RED

BE0440364261

Rechtspersoon Public limited company 1 establishment

STRATTON RED is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 13 March 1990, 1 establishment.

Kortrijksesteenweg 48 box 10, 9830 Sint-Martens-Latem

Start date

13 March 1990

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 25 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    87 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

STRATTON RED from Sint-Martens-Latem, company number BE0440364261, closed financial year 2023 with a result of € -1.3 million after tax. For that financial year STRATTON RED recorded a gross margin of € -4,898 and equity of € -1.1 million. Compared with financial year 2022, the result moved from € -42,462 to € -1.3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2023.

What it is worth Caution

€ -1.1 million

▼ € 1.3 million vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.3 million

▼ 2874 % more loss than in 2022

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.3 million.

People and assets in 2023

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 386,471

▼ 2% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 62,053

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Gross margin € -5,270 € -4,898 ▲ € 372
Profit after taxes € -42,462 € -1,262,819 ▼ € 1.2 million
Equity € 116,679 € -1,146,140 ▼ € 1.3 million
Total debts € 1,151,885 € 1,652,687 ▲ 43%
Retained profit € -4,789 € -1,267,608 ▼ € 1.3 million
Balance sheet total € 1,268,564 € 506,547 ▼ 60%

Key figures of STRATTON RED, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.

What happened to STRATTON RED?

What happened at STRATTON RED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

STRATTON RED is active according to the CBE. Legal situation: Opening faillissement.

  • Life Tree Properties stepped down as director. NBB
  • 3d Partners stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 1.3 million. Source: NBB ↗
  • Life Tree Properties became a director. NBB
  • 3d Partners became a director. NBB
  • New establishment in Sint-Martens-Latem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 42,462 loss in 2022 to € 1.3 million loss in 2023.

Paid € 23,815 in corporate taxes since 2022.

Management

Directors

According to the 2023 annual accounts

Life Tree Properties

Managing director · represented by Danneels HENDRIK

Also active at: 2D, Valora

since 2019 · until 2025

3d Partners

Director · represented by Daelemans OLIVIER

since 2019 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 48 box 10

9830 Sint-Martens-Latem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0440.364.261
VAT number
BE 0440.364.261
Registered office
Kortrijksesteenweg 48 bus 10, 9830 Sint-Martens-Latem
Names & denominations
STRATTON RED
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
13 March 1990
Peppol
Not registered
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Frequently asked questions

What does STRATTON RED do?
STRATTON RED is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 13 March 1990, 1 establishment.
What is the address of STRATTON RED?
The registered office of STRATTON RED is located at Kortrijksesteenweg 48 box 10, 9830 Sint-Martens-Latem.
Is STRATTON RED still active?
No. The CBE lists STRATTON RED with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is STRATTON RED registered on Peppol?
No, STRATTON RED is currently not registered on the Peppol network.
What is the enterprise number of STRATTON RED?
The enterprise number of STRATTON RED is BE0440364261.
When was STRATTON RED founded?
STRATTON RED was founded on 13 March 1990.