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FIRMA STEPMAN

Active
Private limited companyfounded 2012active for 14 yearsPiers de Raveschootlaan 91, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0844.110.133
Summary

FIRMA STEPMAN has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,195 and a net result of €17,374. Equity has been stable since 2018 (±0.5% per year). Its solvency ranks better than 17% of 1,257 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 02-03-2012 Normal situation
Activity
Construction of utility projects for electricity and telecommunications NACE 42220and 6 others
Establishment units
2.208.366.831 8300 Knokke-Heist, since 11-04-2012
2.262.131.060 8300 Knokke-Heist, since 02-03-2017
Financial year end
31 December
Peppol
Reachable since 23-05-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€307,967
▲ 4.1%
Turnover
≈ €610,000
estimated
Profit
€17,374
▲ 63.1%
Equity
€64,195
▲ 37.1%
Total assets
€445,414
▼ 11.2%
Employees on 31-12-2025
3
▼ 25.0%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateLiquidity: current ratio 2.01, cash €3,512lowers riskSize: total assets €445,414Founded in 2012Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 41% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Average
Solvency 39+5
equity 14.4% of total assets
Liquidity 47+1
short-term debt 15.9% · cash 0.8%
Profitability 55+7
return on assets 3.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 0.8%▼ -0.3 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.8 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.01 (2.11 in 2024), above the usual 1.5. Short-term debt is 15.9% and cash 0.8% of total assets. However, 85.6% 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 42, micro). It does better than 18% of them on solvency, 43% on liquidity, 28% on profitability and 75% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €445,414
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.01, cash €3,512
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1257 sector peers (2025).
NBB · sector comparison
Position among 1257 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
44 days early
2022
31 days early
2021
44 days early
2020
26 days late
2019
62 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 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 30 June (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Caution: Lower solvency than 82% of companies in civil engineeringsector median 45.1% · 1,257 companies 14.4% View
  • Positive: 5 profitable years in a rowprofit 2025: €17,374 5 years View

Recent changes

  1. · Gazette deed Changes of role: Stepman Davy (director) and Stepman Indes (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as FIRMA STEPMAN: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €343,000 and €773,000, founded between 2011 and 2016.

CompanyTotal assetsGross margin
FIRMA STEPMAN Knokke-Heist€445,414€307,967
ELECTROSERVICE LAACHIR Sint-Niklaas€646,414€299,285
SR TELECOM Lokeren€372,532€439,392
Mo Construction Sint-Niklaas€391,801€220,959
AFSAM Waasmunster€522,722€496,123
TOPATAN Beringen€343,146€289,059
CEMG Nazareth-De Pinte€772,601€280,184
Full comparison

Key facts about FIRMA STEPMAN

What is the company number of FIRMA STEPMAN?
The company number of FIRMA STEPMAN is 0844.110.133. The VAT number is the same number with BE in front: BE 0844.110.133.
Where is FIRMA STEPMAN based?
The registered office is at Piers de Raveschootlaan 91, 8300 Knokke-Heist.Company details
What does FIRMA STEPMAN do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of FIRMA STEPMAN?
The legal form of FIRMA STEPMAN is Private limited company (BV).
When was FIRMA STEPMAN founded?
FIRMA STEPMAN was founded on 02-03-2012.
Is FIRMA STEPMAN still active?
Yes, FIRMA STEPMAN is an active enterprise in the KBO register.
How many employees does FIRMA STEPMAN have?
FIRMA STEPMAN had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FIRMA STEPMAN?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €307,967 and 882 comparable companies of the same size. It probably lies between €430,000 and €890,000. It is a rough estimate.
Is FIRMA STEPMAN profitable?
In financial year 2025, FIRMA STEPMAN made a profit of €17,374.
Where can I find the annual accounts of FIRMA STEPMAN?
FIRMA STEPMAN filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRMA STEPMAN due?
FIRMA STEPMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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