General Constructor Stefan
ActiveThe file of General Constructor Stefan contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 1.5% (low). The 2024 annual accounts show equity of €20,911 and a net result of -€6,679. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 20% of 36380 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-53
Solvency42▼-10
Growth32▼-20
Track record85
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.21 in 2023; short-term debt: 82.6% and cash: 6.7% of total assets), and 82.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.4%
Return on assets
-5.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,679
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36380 sector peers (2024).
NBB · sector comparisonPosition among 36380 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
31 d late
2022
34 d early
2021
13 d early
2020
2 d late
2019
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 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 (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€338,668
EBIT margin
1.4%
Net result
-€6,679▼ 121%
2023 · -€3,015
Working capital
€13,101▼ 17.9%
2023 · €15,960
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€338,668
Operating result€18,174▲ 311%€4,667▼ 74.3%€6,967▲ 49.3%€454▼ 93.5%-€4,652
Net result€9,717within the sector's middle half-€1,944below the sector's middle half€1,680within the sector's middle half-€3,015below the sector's middle half-€6,679below the sector's middle half▼ 121%
EBIT margin1.4%
Equity€30,869within the sector's middle half▲ 45.9%€28,925within the sector's middle half▼ 6.3%€30,605within the sector's middle half▲ 5.8%€27,589within the sector's middle half▼ 9.9%€20,911within the sector's middle half▼ 24.2%
Total assets€196,509within the sector's middle half▲ 32.6%€207,157within the sector's middle half▲ 5.4%€89,096within the sector's middle half▼ 57.0%€103,140within the sector's middle half▲ 15.8%€119,895within the sector's middle half▲ 16.2%
Debt€165,640▲ 30.4%€178,232▲ 7.6%€58,492▼ 67.2%€75,550▲ 29.2%€98,984▲ 31.0%
Working capital€24,629▲ 95.8%€20,396▼ 17.2%€24,475▲ 20.0%€15,960▼ 34.8%€13,101▼ 17.9%
Solvency15.7%below the sector's middle half▲ 1.4pp14.0%below the sector's middle half▼ 1.7pp34.4%within the sector's middle half▲ 20.4pp26.7%within the sector's middle half▼ 7.6pp17.4%below the sector's middle half▼ 9.3pp
Staff (FTE)2.42▼ 16.7%1.4▼ 30.0%
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 turns negative in 2024: a loss of €4,652 after €454 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119,895
Fixed assets
€7,810 ▼ 32.8%
Current assets
€112,085 ▲ 22.5%
Equity and liabilities €119,895
Equity
€20,911 ▼ 24.2%
Debt
€98,984 ▲ 31.0%
Debt's share of the balance-sheet total rises from 73.3% to 82.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€832▼
2023 · €4,236
Cash flow
-€2,859▼
2023 · €767
Current ratio
1.13▼
2023 · 1.21
Debt to equity
4.73▲
2023 · 2.74
ROE
-31.9%▼
2023 · -10.9%
ROA
-5.6%▼
2023 · -2.9%
Interest coverage
-0.75▼
2023 · 8.42
Debt ≤ 1 year
€98,984▲
2023 · €75,550
Income taxes
€912▼
2023 · €2,966
Staff costs
€22,843▼
2023 · €87,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,164 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.2%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,164 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 | - | €338,668 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €298,046 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €35,182 | €84,339 | €87,186 | €22,843 | ▼ 73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,755 | €5,785 | €2,398 | €3,782 | €3,820 | ▲ 1.0% |
| Other operating charges640/8 | - | €11,777 | €4,371 | €3,462 | €1,783 | ▼ 48.5% |
| Gross operating margin9900 | €26,495 | €57,410 | €98,076 | €94,885 | €23,794 | ▼ 74.9% |
| Operating profit (loss)9901 | €18,174 | €4,667 | €6,967 | €454 | -€4,652 | ▼ 1,124% |
| Financial income75/76B | - | €30 | €0 | - | - | - |
| Recurring financial income75 | €1,915 | €30 | €0 | - | - | - |
| Financial charges65/66B | - | €1,989 | €239 | €503 | €1,115 | ▲ 121% |
| Recurring financial charges65 | €1,801 | €1,989 | €239 | €503 | €1,115 | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €18,288 | €2,708 | €6,728 | -€49 | -€5,767 | ▼ 11,710% |
| Income taxes67/77 | €8,571 | €4,651 | €5,049 | €2,966 | €912 | ▼ 69.3% |
| Profit (loss) for the period9904 | €9,717 | -€1,944 | €1,680 | -€3,015 | -€6,679 | ▼ 121% |
| Profit (loss) for the period to be appropriated9905 | €9,717 | -€1,944 | €1,680 | -€3,015 | -€6,679 | ▼ 121% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €196,509 | €207,157 | €89,096 | €103,140 | €119,895 | ▲ 16.2% |
| Fixed assets21/28 | €6,240 | €8,529 | €6,130 | €11,630 | €7,810 | ▼ 32.8% |
| Tangible fixed assets22/27 | €6,240 | €8,529 | €6,130 | €11,630 | €7,810 | ▼ 32.8% |
| Plant, machinery and equipment23 | - | €1,280 | €931 | €582 | €233 | ▼ 60.0% |
| Furniture and vehicles24 | - | €7,249 | €5,199 | €11,048 | €7,577 | ▼ 31.4% |
| Current assets29/58 | €190,269 | €198,629 | €82,966 | €91,510 | €112,085 | ▲ 22.5% |
| Amounts receivable within one year40/41 | €71,579 | €156,873 | €77,307 | €78,972 | €103,032 | ▲ 30.5% |
| Trade receivables40 | - | €144,759 | €69,173 | €75,662 | €103,032 | ▲ 36.2% |
| Other amounts receivable41 | - | €12,115 | €8,135 | €3,310 | - | - |
| Cash at bank and in hand54/58 | €90,584 | €38,944 | €5,659 | €11,888 | €8,086 | ▼ 32.0% |
| Deferred charges and accrued income490/1 | - | €2,812 | - | €650 | €967 | ▲ 48.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €196,509 | €207,157 | €89,096 | €103,140 | €119,895 | ▲ 16.2% |
| Equity10/15 | €30,869 | €28,925 | €30,605 | €27,589 | €20,911 | ▼ 24.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €10,409 | €8,465 | €10,145 | €7,129 | €451 | ▼ 93.7% |
| Amounts payable17/49 | €165,640 | €178,232 | €58,492 | €75,550 | €98,984 | ▲ 31.0% |
| Amounts payable within one year42/48 | €165,640 | €178,232 | €58,492 | €75,550 | €98,984 | ▲ 31.0% |
| Trade debts44 | €144,639 | €155,049 | €35,088 | €12,273 | €36,727 | ▲ 199% |
| Suppliers440/4 | - | €155,049 | €35,088 | €12,273 | €36,727 | ▲ 199% |
| Taxes, remuneration and social security45 | - | €23,183 | €15,024 | €63,277 | €43,737 | ▼ 30.9% |
| Taxes450/3 | - | €14,519 | €11,341 | €8,049 | €4,040 | ▼ 49.8% |
| Remuneration and social security454/9 | - | €8,664 | €3,683 | €55,228 | €39,697 | ▼ 28.1% |
| Other amounts payable47/48 | - | - | €8,380 | - | €18,521 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,717 | -€1,944 | €1,680 | -€3,015 | -€6,679 | ▼ 121% |
| + Depreciation and write-downs630 | €4,755 | €5,785 | €2,398 | €3,782 | €3,820 | ▲ 1.0% |
| Operating cash flow (approximation) | €14,472 | €3,841 | €4,078 | €767 | -€2,859 | ▼ 473% |
| Investment in fixed assets (approximation) | - | -€8,073 | €0 | -€9,281 | €0 | ▲ 100% |
| Change in cash | - | -€51,640 | -€33,285 | €6,230 | -€3,802 | ▼ 161% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,679
Net result drops to -€6,679, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
21-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 13-06-2024
12-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 04-04-2024
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,680
Net result €1,680 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Back to profitnet €9,717
Net result €9,717 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Antwerpen · 1 establishment unit since 2015
Ground area
172 m²
Building footprint
119 m²
Volume, LiDAR
1,404 m³
Parcel 11805E0704/00D003, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
General Constructor Stefan
since 20152.245.591.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0704/00D003 | Flanders | 172 m² | 1 · 119 m² | 15.7 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
04-04-2024 → 13-06-2024 |
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 5,255 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
Founded07-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
43230Insulation installation
43350Other building finishing work
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0636820341
Also
9925:BE0636820341
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.