Skip to content

CHARLES STERNOTTE

Active
Public limited companyfounded 1981active for 45 yearsZeilstraat 2, 3500 Hasselt, BelgiumKBO/BCE: BE 0421.502.810

From the official registers: KBO 52 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CHARLES STERNOTTE has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.2m and a net result of €128,323, of which €65,185 non-recurring income. Equity has been growing by about 10% per year since 2019. Its solvency ranks better than 87% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 11-04-1981 Normal situation
Activity
Wholesale trade NACE 46820
Establishment unit
2.021.195.928 3500 Hasselt, since 11-04-1981
Financial year end
31 December
Peppol
Reachable since 12-11-2025

Board and ownership

Board
  • BV I.C. GROUPDirector · since 03-11-2020 · permanent representative Lizette CLAES
  • BV Oosterhove HoldingDirector · since 03-11-2020 · permanent representative Daniel STERNOTTE
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€98.4m
▲ 12.6%
Profit
€128,323
▲ 44.1%
Equity
€19.2m
▲ 0.7%
Total assets
€23.4m
▼ 0.1%
Staff
29.5 FTE
▼ 4.2%
Filed on 24-06-2026, 37 days before the deadlineat the National Bank
Score breakdownraises riskSize: turnover €98.4m, 29.5 FTE, total assets €23.4mlowers riskFounded in 1981Liquidity: current ratio 5.56, cash €3.0mEquity €19.2m (82.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 82.3% of total assets
Liquidity 61+11
short-term debt 17.3% · cash 12.7%
Profitability 47+1
return on assets 0.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 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%▲ +0.1 percentage points 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: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.56 (5.68 in 2024), above the usual 1.5. Short-term debt is 17.3% and cash 12.7% of total assets. 17.7% of the assets are financed with debt and provisions.
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 46, small). It does better than 92% of them on solvency, 80% on liquidity, 31% on profitability and 60% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1981
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 5.56, cash €3.0m
NBB · annual accounts
lowers risk · Equity €19.2m (82.3% of total assets)
NBB · annual accounts
raises risk · Size: turnover €98.4m, 29.5 FTE, total assets €23.4m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
14 days early
2023
12 days early
2022
19 days early
2021
10 days early
2020
51 days early
2019
71 days early
← 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 31 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 15 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 91% of companies in wholesale tradesector median €1.6m · 6,099 companies €19.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €128,323, mostly one-off 7 years View
  • New directorslatest change 19-06-2026 · 2 in office 2 joined View

Comparable companies

These companies have the same main activity as CHARLES STERNOTTE: wholesale trade (NACE 46820). They are comparable in size and age: total assets between €24m and €52m, founded between 1961 and 1993.

CompanyTotal assetsTurnover
CHARLES STERNOTTE Hasselt€23.4m€98.4m
MCB BELGIQUE - MCB BELGIE Awans€29.8m€105.1m
DUBAERE Aalter€35.3m€88.2m
ROBA METALS Genk€50.0m€59.1m
ECORE BELGIUM Aubange€51.7m€90.9m
Plaatbedrijf Holvoet Gent€24.0m€41.7m
SADEL Nazareth-De Pinte€24.8m€36.4m
Full comparison

Documents

Annual accounts at the NBB

All 52 annual accounts

Articles and registers

Key facts about CHARLES STERNOTTE

What is the company number of CHARLES STERNOTTE?
The company number of CHARLES STERNOTTE is 0421.502.810. The VAT number is the same number with BE in front: BE 0421.502.810.
Where is CHARLES STERNOTTE based?
The registered office is at Zeilstraat 2, 3500 Hasselt.Company details
What does CHARLES STERNOTTE do?
According to the KBO register, the main activity is wholesale trade (NACE 46820).
What is the legal form of CHARLES STERNOTTE?
The legal form of CHARLES STERNOTTE is Public limited company (NV).
When was CHARLES STERNOTTE founded?
CHARLES STERNOTTE was founded on 11-04-1981.
Is CHARLES STERNOTTE still active?
Yes, CHARLES STERNOTTE is an active enterprise in the KBO register.
How many employees does CHARLES STERNOTTE have?
CHARLES STERNOTTE had an average of 29.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CHARLES STERNOTTE?
The turnover of CHARLES STERNOTTE was €98.4m in financial year 2025, according to the filed annual accounts.
Is CHARLES STERNOTTE profitable?
In financial year 2025, CHARLES STERNOTTE made a profit of €128,323.
Where can I find the annual accounts of CHARLES STERNOTTE?
CHARLES STERNOTTE filed 52 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CHARLES STERNOTTE due?
CHARLES STERNOTTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.