Equity
-€1.3m
Debts exceed assets in financial year 2025.
STESSENS RENOVATIE
Lifetime
7 annual accounts with figures on one time axispeak €345,858 (2021)
-€27,584▲ €17,323
lowest -€837,302 (2020)
-€25,454▲ €92,367
peak €7,905 (2019)
-€1.3m▼ €25,454
€2.5m▼ 28.0%
peak 0.4 FTE (2020)
0 FTE
Board9 names since 2020
1 directorCastelmore Group
Owners3 names in the annual accounts
100%CASTELMORE and 1 other
Documentsfilings and deeds
30-07-20261 days before the deadline
2025abbreviated format
Gross margin from -€44,907 to -€27,584Loss of €25,454Debts from €3.5m to €2.5m
Key points
from the 2025 annual accountsLosses
-€773,678 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€2.5m 201% of the balance sheet
Turnover not published (abbreviated format)
Checked score
50
Fair
Financially stronger than 12% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%
01-2025: 3.0%● unchanged vs 12-2024
02-2025: 3.1%▲ +0.1 percentage points vs 01-2025
03-2025: 3.2%▲ +0.1 percentage points vs 02-2025
04-2025: 3.2%● unchanged vs 03-2025
05-2025: 3.2%● unchanged vs 04-2025highest value
06-2025: 3.1%▼ -0.1 percentage points vs 05-2025
07-2025: 3.1%● unchanged vs 06-2025
08-2025: 2.0%▼ -1.1 percentage points vs 07-2025lowest value
09-2025: 2.0%● unchanged vs 08-2025lowest value
10-2025: 2.0%● unchanged vs 09-2025lowest value
11-2025: 2.0%● unchanged vs 10-2025lowest value
12-2025: 2.0%● unchanged vs 11-2025lowest value
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 2.0%● unchanged vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.5 percentage points vs 07-2026
09-2026: 2.5%● unchanged vs 08-2026
10-2026: 2.4%▼ -0.1 percentage points vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.50, cash €165
Negative equity -€1.3m
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €1.3m
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 43, micro). It does better than 3% of them on solvency, 1% on liquidity, 14% on profitability and 31% on growth.
The bankruptcy probability was computed on 05-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 1,167 companies had the same profile as STESSENS RENOVATIE has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STESSENS RENOVATIE itself: 2.4% 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 1,167 companies, not a prediction for STESSENS RENOVATIE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.5 (0.64 in 2024), below 1. Short-term debt is 201.4% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€1.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 day early
2024
6 days early
2023
6 days early
2022
4 days early
2021
20 days early
2020
20 days late
2019
42 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 4 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
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 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0723791036
1 director resigning, 1 statutory auditor reappointed
Permanent representatives: Jelle Geerits and Tim Nagels · Resignation: Castelmore · Reappointment: Mazars Bedrijísrevisoren BV (statutory auditor) · General meeting of 20-12-2023 · Gazette deed
Company renamed from At one place to STESSENS RENOVATIE
Resignations: Castelmore (director) and Castelmore Group (director) · Appointments: GEERITS Jelle (director) and Castelmore Group (director) · Permanent representatives: GEERITS Jelle and NAGELS Tim · General meeting of 27-10-2023 · Gazette deed
Resignation: Stessens Beheer NV (director)
Permanent representative: Geert Paepen · General meeting of 26-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STESSENS RENOVATIE Geel | €1.3m | -€27,584 | -101.4% | 0 |
| KUBRIEK Jabbeke | €1.0m | -€28,498 | 2.1% | 0 |
| First Estate Group Antwerp | €0.8m | -€28,948 | -15.5% | 0 |
| City Build Ghent | €2.2m | -€28,472 | 1.8% | 0 |
| KELLER FUNDERINGSTECHNIEKEN BELGIË Brecht | €0.6m | -€953 | 38.0% | 0 |
| QUALITY BUILDING INVESTMENTS Dilsen-Stokkem | €0.7m | -€87,719 | 44.1% | 1 |
| RENIMO Antwerp | €1.4m | -€29,026 | 2.2% | - |
These companies have the same main activity as STESSENS RENOVATIE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €619,000 and €2.2m, founded between 2014 and 2022.
Official details
Source: KBO- Status
- Active since 29-03-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.288.262.8602440 Geel, since 29-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €1.3m▼ 44.5%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on STESSENS RENOVATIE
STESSENS RENOVATIE files the abbreviated format. That format states no turnover. The gross margin fell from €774 in 2019 to -€27,584 in 2025.
CASTELMORE holds all the shares.
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 STESSENS RENOVATIE
- What is the company number of STESSENS RENOVATIE?
- The company number of STESSENS RENOVATIE is 0723.791.036. The VAT number is the same number with BE in front: BE 0723.791.036.
- Where is STESSENS RENOVATIE based?
- The registered office is at Winkelomseheide 221, 2440 Geel.Company details
- What does STESSENS RENOVATIE do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of STESSENS RENOVATIE?
- STESSENS RENOVATIE is a private limited company (BV).
- When was STESSENS RENOVATIE founded?
- STESSENS RENOVATIE was founded on 29-03-2019.
- Is STESSENS RENOVATIE still active?
- Yes, STESSENS RENOVATIE is an active enterprise in the KBO register.
- How many employees does STESSENS RENOVATIE have?
- STESSENS RENOVATIE had an average of 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of STESSENS RENOVATIE?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is STESSENS RENOVATIE profitable?
- In financial year 2025, STESSENS RENOVATIE made a loss of €25,454.
- Where can I find the annual accounts of STESSENS RENOVATIE?
- STESSENS RENOVATIE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STESSENS RENOVATIE due?
- STESSENS RENOVATIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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