OPENING OF BANKRUPTCY

STRATTON RED

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Financial year 2023 · closed on 31/03/2023

Net result

-1,3 M €

-2874.0% YoY

Gross margin

-4,9 k €

+7.1% YoY

Equity

-1,1 M €

-1082.3% YoY

Workforce

0,0 ETP

Company — Opening of bankruptcy.

What does STRATTON RED do?

STRATTON RED is a Public limited company incorporated in 1990. Its main activity is: Development of building projects. Its registered office is in Sint-Martens-Latem.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0440.364.261

Incorporation

13/03/1990

Legal form

Public limited company

Registered office

Kortrijksesteenweg 48 box 10
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

121 467,82 €

Latest accounts

31/03/2023

Average workforce

0,0 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate

Joint committees (2)

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-4,9 k €	+7.1%	-5,3 k €	-112%	43,9 k €	-73.5%	165,4 k €	-43.9%	294,7 k €	+537%	46,3 k €	-17.9%	56,4 k €	+1046%	-6 k €	+84.1%	-37,5 k €	-600%	7,5 k €	-81.0%	39,4 k €	+37.9%	28,6 k €	+84.6%	15,5 k €	+253%	-10,1 k €	-29.7%	-7,8 k €	-125%	31 k €
EBITDA	-217,9 k €	-3943%	-5,4 k €	-128%	19 k €	+153%	-35,8 k €	-112%	292,4 k €	+635%	39,8 k €	-14.3%	46,5 k €	+493%	-11,8 k €	+73.3%	-44,3 k €	-2793%	-1,5 k €	-105%	30,7 k €	+41.6%	21,7 k €	+155%	8,5 k €	+158%	-14,6 k €	+47.1%	-27,7 k €	+8.3%	-30,2 k €
Operating result	-217,9 k €	-3943%	-5,4 k €	-128%	19 k €	+153%	-35,8 k €	-113%	285,6 k €	+181%	-350,9 k €	-855%	46,5 k €	+493%	-11,8 k €	+73.3%	-44,3 k €	-307%	-10,9 k €	-137%	29 k €	+62.8%	17,8 k €	+193%	6,1 k €	+121%	-28,6 k €	+42.2%	-49,5 k €	+6.8%	-53,1 k €
Net result	-1,3 M €	-2874%	-42,5 k €	+67.1%	-129,1 k €	-167%	-48,4 k €	-117%	280,1 k €	+186%	-324,2 k €	-1847%	18,6 k €	-95.7%	430,4 k €	+545%	66,7 k €	+399%	13,4 k €	-77.1%	58,5 k €	+29.9%	45 k €	+90.6%	23,6 k €	+145%	-52,4 k €	-432%	-9,9 k €	+55.8%	-22,3 k €
Balance sheet
Equity	-1,1 M €	-1082%	116,7 k €	-80.6%	601,4 k €	-17.7%	730,5 k €	-6.2%	778,9 k €	+56.2%	498,7 k €	-39.4%	823 k €	+2.3%	804,4 k €	+115%	374 k €	-58.8%	907,3 k €	+1.5%	893,9 k €	+7.0%	835,4 k €	+4.5%	799,3 k €	+2.4%	780,6 k €	-6.3%	833,1 k €	-1.2%	842,9 k €
Total assets	506,5 k €	-60.1%	1,3 M €	-6.9%	1,4 M €	-2.3%	1,4 M €	-5.2%	1,5 M €	-1.1%	1,5 M €	-20.2%	1,9 M €	+9.5%	1,7 M €	+47.8%	1,2 M €	+25.0%	921,1 k €	+1.6%	906,9 k €	+6.0%	855,8 k €	+4.9%	815,5 k €	+3.9%	785 k €	-8.0%	853,4 k €	-3.9%	887,8 k €
Cash	–		–		–		–		16,6 €		–		104,1 k €	+3314%	3 k €	-94.5%	55,2 k €	+4542%	1,2 k €	-84.2%	7,5 k €	+14.7%	6,6 k €	-12.4%	7,5 k €	-35.4%	11,6 k €	+1196%	897 €	-92.6%	12,2 k €
Debts	1,7 M €	+43.5%	1,2 M €	+105%	560,6 k €	+148%	226 k €	-50.2%	454 k €	-39.5%	751 k €	-6.5%	803,5 k €	+21.7%	660,4 k €	-15.1%	777,7 k €	+7094%	10,8 k €	+88.7%	5,7 k €	-52.9%	12,2 k €	+45.6%	8,4 k €	+621%	1,2 k €	-94.1%	19,6 k €	-52.4%	41,2 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		1,5 ETP

Governance

Board of directors

Seen on filing of 31/03/2023 · 2 active · 19 ended

Active mandates

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Daelemans OLIVIER

Active

Life Tree Properties

Managing director · since 13 septembre 2019 · until 12 septembre 2025 · 0466.068.568

Represented by Danneels HENDRIK

Active

Ended mandates

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Daelemans Olivier

Ended

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Olivier Daelemans

Ended

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Olivier Daelemans

Ended

Life Tree Properties

Managing director · since 13 septembre 2019 · until 12 septembre 2025 · 0466.068.568

Represented by Hendrik Danneels

Ended

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018	01/04/2017
Closing of the financial year	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019	31/03/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/10/2023	24/10/2022	28/10/2021	30/11/2020	29/11/2019	29/10/2018
General meeting	30/09/2023	09/09/2022	30/09/2021	11/09/2020	29/10/2019	26/10/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2023	30/09/2023	27/10/2023	Dutch	PDF
Abridged model	31/03/2022	09/09/2022	24/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	28/10/2021	Dutch	PDF
Abridged model	31/03/2020	11/09/2020	30/11/2020	Dutch	PDF
Abridged model	31/03/2019	29/10/2019	29/11/2019	Dutch	PDF
Abridged model	31/03/2018	26/10/2018	29/10/2018	Dutch	PDF
Abridged model	31/03/2017	26/10/2018	29/10/2018	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	11/09/2015	08/10/2015	Dutch	PDF
Abridged model	31/03/2014	12/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	13/09/2013	11/10/2013	Dutch	PDF
Abridged model	31/03/2012	14/09/2012	05/11/2012	Dutch	PDF
Abridged model	31/03/2011	09/09/2011	30/11/2011	Dutch	PDF
Abridged model	31/03/2010	10/09/2010	03/11/2010	Dutch	PDF
Abridged model	31/03/2009	30/09/2009	03/12/2009	Dutch	PDF
Abridged model	31/03/2008	03/10/2008	18/11/2008	Dutch	PDF
Abridged model	31/03/2007	19/10/2007	16/11/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2023 · 2 active · 19 ended

Active mandates

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Daelemans OLIVIER

Active

Life Tree Properties

Managing director · since 13 septembre 2019 · until 12 septembre 2025 · 0466.068.568

Represented by Danneels HENDRIK

Active

Ended mandates

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Daelemans Olivier

Ended

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Olivier Daelemans

Ended

3d Partners

Director · since 13 septembre 2019 · until 12 septembre 2025 · 0521.704.701

Represented by Olivier Daelemans

Ended

Life Tree Properties

Managing director · since 13 septembre 2019 · until 12 septembre 2025 · 0466.068.568

Represented by Hendrik Danneels

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/08/2021
MAATSCHAPPELIJKE ZETEL
PDF
Registered office18/06/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/08/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office02/07/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/12/2014
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023-1,3 M €↓
2022
Annual accounts 2022-42,5 k €↑
2020
Annual accounts 2020-129,1 k €↓
2019
Annual accounts 2019-48,4 k €↓
2018
Annual accounts 2018280,1 k €↑
2017
Annual accounts 2017-324,2 k €↓
2016
Annual accounts 201618,6 k €↓
2015
Annual accounts 2015430,4 k €↑
2015
Name changeStratton Red
2014
Annual accounts 201466,7 k €↑
2013
Annual accounts 201313,4 k €↓
2012
Annual accounts 201258,5 k €↑
2011
Annual accounts 201145 k €↑
2010
Annual accounts 201023,6 k €↑
2009
Annual accounts 2009-52,4 k €↓
2008
Annual accounts 2008-9,9 k €↑
2007
Annual accounts 2007-22,3 k €
2007
Name changeGarage J.L. De Pauw
13/03/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STRATTON RED

Overview

What does STRATTON RED do?

Trend over 16 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline