ETS. STEPHANE ROBERT
ActiveSummary
ETS. STEPHANE ROBERT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €188,593 and a net result of €10,362. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▲+13
Solvency84▼-5
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.65 in 2023; short-term debt: 36.8% and cash: 4.7% of total assets), and 40.6% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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 filingsDeviation from the deadline
2025
37 d early
2024
5 d late
2023
23 d late
2022
2 d late
2021
34 d early
2020
18 d late
2019
5 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 2 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Turnover
€375,618▲ 1.0%
2023 · €371,982
EBIT margin
4.3%▲ 2.1pp
2023 · 2.2%
Net result
€10,362▲ 67.0%
2023 · €6,203
Working capital
-€45,337▼ 93.1%
2023 · -€23,482
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€465,436▲ 6.3%€469,805▲ 0.9%€437,785▼ 6.8%€371,982▼ 15.0%€375,618▲ 1.0%
Operating result€33,093▲ 318%€19,621▼ 40.7%€11,697▼ 40.4%€8,015▼ 31.5%€16,057▲ 100%
Net result€26,232above the sector's middle half€17,235within the sector's middle half▼ 34.3%€10,567within the sector's middle half▼ 38.7%€6,203within the sector's middle half▼ 41.3%€10,362within the sector's middle half▲ 67.0%
EBIT margin7.1%▲ 5.3pp4.2%▼ 2.9pp2.7%▼ 1.5pp2.2%▼ 0.5pp4.3%▲ 2.1pp
Equity€167,879above the sector's middle half▲ 13.2%€178,418above the sector's middle half▲ 6.3%€182,289above the sector's middle half▲ 2.2%€181,796above the sector's middle half▼ 0.3%€188,593above the sector's middle half▲ 3.7%
Total assets€360,096above the sector's middle half▼ 20.7%€341,727above the sector's middle half▼ 5.1%€336,157above the sector's middle half▼ 1.6%€286,191within the sector's middle half▼ 14.9%€317,571above the sector's middle half▲ 11.0%
Debt€192,217▼ 37.2%€163,309▼ 15.0%€153,868▼ 5.8%€104,395▼ 32.2%€128,978▲ 23.5%
Working capital€1,476below the sector's middle half-€21,917below the sector's middle half-€36,220below the sector's middle half▼ 65.3%-€23,482below the sector's middle half▲ 35.2%-€45,337below the sector's middle half▼ 93.1%
Solvency46.6%within the sector's middle half▲ 14.0pp52.2%within the sector's middle half▲ 5.6pp54.2%within the sector's middle half▲ 2.0pp63.5%within the sector's middle half▲ 9.3pp59.4%within the sector's middle half▼ 4.1pp
Current ratio1.02below the sector's middle half▲ 0.040.75below the sector's middle half▼ 0.270.68below the sector's middle half▼ 0.070.65below the sector's middle half▼ 0.030.61below the sector's middle half▼ 0.04
Return on assets (ROA)7.3%within the sector's middle half▲ 7.5pp5.0%within the sector's middle half▼ 2.2pp3.1%within the sector's middle half▼ 1.9pp2.2%within the sector's middle half▼ 1.0pp3.3%within the sector's middle half▲ 1.1pp
Staff (FTE)1within the sector's middle half▼ 9.1%1=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 100% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317,571
Fixed assets
€246,157 ▲ 1.4%
Current assets
€71,414 ▲ 64.1%
Equity and liabilities €317,571
Equity
€188,593 ▲ 3.7%
Debt
€128,978 ▲ 23.5%
Debt's share of the balance-sheet total rises from 36.5% to 40.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44,305▲
2023 · €30,882
Cash flow
€38,610▲
2023 · €29,070
Quick ratio
0.43▲
2023 · 0.21
Debt to equity
0.68▲
2023 · 0.57
ROE
5.5%▲
2023 · 3.4%
Interest coverage
5.30▲
2023 · 3.87
Debt ≤ 1 year
€116,751▲
2023 · €67,010
Debt > 1 year
€12,227▼
2023 · €37,385
Income taxes
€1,036▲
2023 · €620
Staff costs
€51,704▲
2023 · €49,298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,039 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €465,436 | €469,805 | €437,785 | €371,982 | €375,618 | ▲ 1.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €374,507 | €347,993 | €286,758 | €273,102 | ▼ 4.8% |
| Remuneration, social security and pensions62 | - | €50,383 | €52,469 | €49,298 | €51,704 | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,958 | €23,253 | €22,274 | €22,867 | €28,248 | ▲ 23.5% |
| Other operating charges640/8 | - | €5,731 | €5,177 | €8,088 | €6,507 | ▼ 19.5% |
| Gross operating margin9900 | €114,866 | €98,988 | €91,617 | €88,268 | €102,516 | ▲ 16.1% |
| Operating profit (loss)9901 | €33,093 | €19,621 | €11,697 | €8,015 | €16,057 | ▲ 100% |
| Financial income75/76B | - | €7,080 | €7,169 | €6,788 | €3,703 | ▼ 45.4% |
| Recurring financial income75 | €7,375 | €7,080 | €7,169 | €6,788 | €3,703 | ▼ 45.4% |
| Financial charges65/66B | - | €9,466 | €7,243 | €7,980 | €8,362 | ▲ 4.8% |
| Recurring financial charges65 | €14,236 | €9,466 | €7,243 | €7,980 | €8,362 | ▲ 4.8% |
| Profit (loss) for the period before taxes9903 | €26,232 | €17,235 | €11,623 | €6,823 | €11,398 | ▲ 67.1% |
| Income taxes67/77 | - | - | €1,056 | €620 | €1,036 | ▲ 67.1% |
| Profit (loss) for the period9904 | €26,232 | €17,235 | €10,567 | €6,203 | €10,362 | ▲ 67.0% |
| Profit (loss) for the period to be appropriated9905 | €26,232 | €17,235 | €10,567 | €6,203 | €10,362 | ▲ 67.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €360,096 | €341,727 | €336,157 | €286,191 | €317,571 | ▲ 11.0% |
| Fixed assets21/28 | €282,263 | €277,362 | €260,548 | €242,663 | €246,157 | ▲ 1.4% |
| Tangible fixed assets22/27 | €280,537 | €275,636 | €258,822 | €240,937 | €244,431 | ▲ 1.5% |
| Land and buildings22 | - | €274,045 | €252,876 | €233,646 | €212,382 | ▼ 9.1% |
| Plant, machinery and equipment23 | - | €1,529 | €4,733 | €6,234 | €4,666 | ▼ 25.2% |
| Furniture and vehicles24 | - | €62 | €1,213 | €1,057 | €27,383 | ▲ 2,491% |
| Financial fixed assets28 | €1,726 | €1,726 | €1,726 | €1,726 | €1,726 | = |
| Current assets29/58 | €77,833 | €64,365 | €75,609 | €43,528 | €71,414 | ▲ 64.1% |
| Stocks and contracts in progress3 | €34,928 | €31,647 | €28,645 | €29,295 | €21,735 | ▼ 25.8% |
| Stocks30/36 | - | €31,647 | €28,645 | €29,295 | €21,735 | ▼ 25.8% |
| Amounts receivable within one year40/41 | €36,290 | €16,826 | €21,894 | €14,164 | €34,644 | ▲ 145% |
| Trade receivables40 | - | €16,826 | €20,003 | €14,164 | €20,206 | ▲ 42.7% |
| Other amounts receivable41 | - | - | €1,891 | - | €14,438 | - |
| Cash at bank and in hand54/58 | €6,615 | €15,892 | €25,070 | €69 | €15,035 | ▲ 21,690% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €360,096 | €341,727 | €336,157 | €286,191 | €317,571 | ▲ 11.0% |
| Equity10/15 | €167,879 | €178,418 | €182,289 | €181,796 | €188,593 | ▲ 3.7% |
| Contributions10/11 | €9,300 | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Capital10 | - | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Reserves13 | €55,512 | €55,512 | €66,072 | €72,272 | €82,632 | ▲ 14.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €53,652 | €64,212 | €70,412 | €80,772 | ▲ 14.7% |
| Profit (loss) carried forward14 | €44,682 | €61,917 | €61,924 | €61,927 | €61,929 | = |
| Investment grants15 | - | €51,689 | €44,993 | €38,297 | €34,732 | ▼ 9.3% |
| Amounts payable17/49 | €192,217 | €163,309 | €153,868 | €104,395 | €128,978 | ▲ 23.5% |
| Amounts payable after more than one year17 | €115,860 | €77,027 | €42,039 | €37,385 | €12,227 | ▼ 67.3% |
| Financial debts170/4 | - | €77,027 | €42,039 | €37,385 | €12,227 | ▼ 67.3% |
| Amounts payable within one year42/48 | €76,357 | €86,282 | €111,829 | €67,010 | €116,751 | ▲ 74.2% |
| Current portion of amounts payable after more than one year42 | - | €39,711 | €35,975 | €25,288 | €29,395 | ▲ 16.2% |
| Financial debts43 | - | €20,000 | €60,605 | €6,071 | €50,071 | ▲ 725% |
| Credit institutions430/8 | - | €20,000 | €60,605 | €6,071 | €50,071 | ▲ 725% |
| Trade debts44 | €5,561 | €9,622 | €2,056 | €1,318 | €1,086 | ▼ 17.6% |
| Suppliers440/4 | - | €9,622 | €2,056 | €1,318 | €1,086 | ▼ 17.6% |
| Taxes, remuneration and social security45 | - | €3,611 | €1,208 | €1,367 | €3,448 | ▲ 152% |
| Taxes450/3 | - | €3,611 | €1,056 | €1,367 | €3,448 | ▲ 152% |
| Remuneration and social security454/9 | - | - | €152 | - | - | - |
| Other amounts payable47/48 | - | €13,338 | €11,985 | €32,966 | €32,751 | ▼ 0.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,232 | €17,235 | €10,567 | €6,203 | €10,362 | ▲ 67.0% |
| + Depreciation and write-downs630 | €21,958 | €23,253 | €22,274 | €22,867 | €28,248 | ▲ 23.5% |
| Operating cash flow (approximation) | €48,190 | €40,488 | €32,841 | €29,070 | €38,610 | ▲ 32.8% |
| Investment in fixed assets (approximation) | - | -€18,352 | -€5,460 | -€4,982 | -€31,742 | ▼ 537% |
| Change in cash | - | €9,277 | €9,178 | -€25,001 | €14,966 | ▲ 160% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €26,232
Net result €26,232 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €167,879 ▲13.2%
Equity rises from €148,344 to €167,879.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Verviers · 1 establishment unit since 2002
Ground area
1.9 ha
Building footprint
1,374 m²
Volume, LiDAR
7,325 m³
Parcel 63074B0247/00C000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Slar 124, 4801 Verviers
since 20022.093.395.206
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63074B0247/00C000 | Wallonia | 1.9 ha | 1 · 1,374 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,465 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476372740
Also
9925:BE0476372740
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.