Equity
€606,552 from €1.9m in 2023
Equity fell by 68% in 2 years.
STEENGOED
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €979,519 (2022)
€192,088▲ 18.0%
lowest -€167,895 (2006)
-€65,938▼ €34,474
peak €1.9m (2023)
€606,552▼ 9.8%
€1.1m▲ 88.1%
Board4 names since 2021
2 directorsDrappier Anja and 1 other
Documentsfilings and deeds
21-09-202652 days late
2025abbreviated format
Gross margin from €162,832 to €192,088Loss of €65,938Debts from €589,353 to €1.1mInvestments €524,101Cash from €6,402 to €30,196
Key points
from the 2025 annual accountsLosses
-€97,401 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€1.1m ▲ 88.1%
Debts rose by €519,257 in 2025.
Investments
€528,841 5.6 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 30.4% higher than in 2024.
Filings
27 annual accounts since 1999
Six of the last ten came late. The 2016 accounts came latest: 1,570 days after the end of the period.
Position in the sector
-€65,938
Lower net result than 85% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
82
Excellent
Financially stronger than 39% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.4%▼ -0.2 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 52 days late; 1 of the last 3 accounts late
No registered site in the KBO
Liquidity: current ratio 0.10, cash €30,196
lowers risk
Size: total assets €1.7m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 53% of them on solvency, 31% on liquidity, 43% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as STEENGOED has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STEENGOED itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for STEENGOED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.1 (0.06 in 2024), below 1. Short-term debt is 31.7% and cash 1.8% of total assets. 64.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€65,938
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
22 days early
2023
22 days early
2022
70 days early
2021
39 days early
2020
110 days late
2019
475 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 69 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464381362
Capital decrease of €1,200,000
General meeting of 06-09-2024 · Gazette deed
Merger: STEENGOED takes over V.M.E. LAMBRECHTS
Dissolution of the company · Dissolved without liquidation · Resignation: Jos Lambrechts (director) · Gazette deed
Merger proposal: STEENGOED takes over V.M.E. LAMBRECHTS
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STEENGOED Leuven | €1.7m | €192,088 | 35.4% | - |
| VERBLINT Pelt | €2.0m | €177,654 | 62.3% | - |
| LBS CENTER Herve | €1.4m | €202,388 | 74.8% | - |
| M.I.S. Braine-l'Alleud | €1.8m | €244,511 | -79.8% | - |
| GEPROMA Sint-Genesius-Rode | €2.6m | €191,563 | 51.3% | 1 |
| L&J CONSULTING SPRL Beersel | €1.1m | €219,331 | 28.1% | - |
| DECUYPERE INVEST Hoegaarden | €2.2m | €217,513 | 17.7% | 2 |
These companies have the same main activity as STEENGOED: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €1.1m and €2.6m, founded between 1992 and 2006.
Official details
Source: KBO- Status
- Active since 16-10-1998Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 14-04-2025
Insights on STEENGOED
STEENGOED files the abbreviated format. That format states no turnover. The gross margin rose from €78,427 in 2006 to €192,088 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STEENGOED
- What is the company number of STEENGOED?
- The company number of STEENGOED is 0464.381.362. The VAT number is the same number with BE in front: BE 0464.381.362.
- Where is STEENGOED based?
- The registered office is at Diestsevest 54, 3000 Leuven.Company details
- What does STEENGOED do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of STEENGOED?
- STEENGOED is a public limited company (NV).
- When was STEENGOED founded?
- STEENGOED was founded on 16-10-1998.
- Is STEENGOED still active?
- Yes, STEENGOED is an active enterprise in the KBO register.
- How many employees does STEENGOED have?
- STEENGOED had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of STEENGOED?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €192,088 and 38 comparable companies (NACE 683). It probably lies between €270,000 and €490,000.
- Is STEENGOED profitable?
- In financial year 2025, STEENGOED made a loss of €65,938.
- Where can I find the annual accounts of STEENGOED?
- STEENGOED filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEENGOED due?
- STEENGOED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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