DE BROUWER STEFAN
ActiveDE BROUWER STEFAN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €1k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+11
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.01 against 6.73 in 2024; short-term debt: 12% and cash: 0.3% of total assets), and 23.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.7%
Return on assets
0.9%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
74 d early
2023
62 d early
2022
77 d early
2021
76 d early
2020
82 d early
2019
81 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 1.2%
2024 · €107k
2018: €74k
2019: €91k
2020: €92k
2021: €96k
2022: €108k
2023: €105k
2024: €107k
2018 → 2025
Total assets
€141k▲ 14.3%
2024 · €123k
2018: €109k
2019: €137k
2020: €144k
2021: €129k
2022: €140k
2023: €125k
2024: €123k
2018 → 2025
Net result
€1k▼ 38.3%
2024 · €2k
2018: €10k
2019: €17k
2020: €624
2021: €4k
2022: €12k
2023: €-3k
2024: €2k
2018 → 2025
Working capital
€85k▼ 10.4%
2024 · €94k
2018: €64k
2019: €88k
2020: €62k
2021: €71k
2022: €92k
2023: €86k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€108k▲ 12.6%€105k▼ 3.0%€107k▲ 2.0%€108k▲ 1.2%
Operating result€7k-€19k▲ 181%€-1k€6k€4k▼ 24.7%
Net result€4k-€12k▲ 215%€-3k€2k€1k▼ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€39k▲ 217%
Current assets
€101k▼ 8.5%
Equity and liabilities €141k
Equity
€108k▲ 1.2%
Debt
€33k▲ 99.0%
The debt ratio rises from 13.4% to 23.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €15k
Cash flow
€13k▲
2024 · €12k
Solvency
76.7%▼
2024 · 86.6%
Current ratio
6.01▼
2024 · 6.73
Quick ratio
2.75▼
2024 · 3.82
Debt / equity
0.30▲
2024 · 0.15
ROE
1.2%▼
2024 · 2.0%
ROA
0.9%▼
2024 · 1.7%
Interest coverage
6.89▲
2024 · 4.56
Debt
€33k▲
2024 · €16k
Debt ≤ 1 year
€17k▲
2024 · €16k
Debt > 1 year
€16k
Income taxes
€572▲
2024 · €126
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€123k€141k▲
Fixed assets21/28€12k€39k▲
Tangible fixed assets22/27€12k€39k▲
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€8k€35k▲
Current assets29/58€111k€101k▼
Stocks and contracts in progress3€48k€55k▲
Stocks30/36€42k€48k▲
Contracts in progress37€6k€7k▲
Amounts receivable within one year40/41€33k€46k▲
Trade receivables40€33k€36k▲
Other amounts receivable41-€10k
Cash at bank and in hand54/58€30k€463▼
Deferred charges and accrued income490/1-€63
Equity and liabilities
Total equity and liabilities10/49€123k€141k▲
Equity10/15€107k€108k▲
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€74k€75k▲
Amounts payable17/49€16k€33k▲
Amounts payable after more than one year17-€16k
Financial debts170/4-€16k
Amounts payable within one year42/48€16k€17k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€2k€548▼
Taxes450/3€2k€548▼
Other amounts payable47/48€416€4k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€2k€926▼
Gross operating margin9900€17k€17k▲
Operating profit (loss)9901€6k€4k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€2k€2k▼
Income taxes67/77€126€572▲
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€75k▲
Profit (loss) brought forward from the previous period14P€72k€74k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-3k ▼127%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €108k ▲12.6%
5 profitable years in a row build equity to €108k.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €17k ▲75.8%
Operating result €24k, net result €17k, both a record.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haagstraat 149930 LievegemGround area
1,380 m²
Building footprint
100 m²
Volume, LiDAR
372 m³
Parcel 44080E0006/00E000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Haagstraat 14, 9930 Lievegem
since 20012.100.431.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080E0006/00E000 | Flanders | 1,380 m² | 1 · 100 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RK DECOR
BE 0539.921.202
Ganshoren · Eq €108k
MP Montage
BE 0818.176.390
Oudsbergen · Eq €108k
YVSA
BE 0457.344.805
Merelbeke · Eq €108k
SANISTEEL
BE 0535.888.079
Lummen · Eq €108k
CRAWLER
BE 0849.262.714
Sint-Jans-Molenbeek · Eq €108k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2001
Fiscal year end31-12
Legal name
DE BROUWER STEFAAN
Activities, NACEBEL
28110
43990Other specialised construction activities
43999Specialised construction activities
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.