HRUNANSKY STEPHANE
ActiveThe annual accounts of HRUNANSKY STEPHANE for fiscal year 2025 show a net loss of 50% of total assets. The 2025 annual accounts show equity of €79k and a net result of €-65k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 27711 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-77
Solvency86▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.9 against 4.35 in 2024; short-term debt: 24.4% and cash: 33.9% of total assets), and 39.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
-50.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
20 d late
2022
28 d late
2021
9 d late
2020
1 d early
2019
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€79k▼ 45.3%
2024 · €144k
2019: €100k
2020: €85k
2021: €106k
2022: €109k
2023: €131k
2024: €144k
2019 → 2025
Total assets
€130k▼ 38.9%
2024 · €212k
2019: €173k
2020: €125k
2021: €196k
2022: €159k
2023: €184k
2024: €212k
2019 → 2025
Net result
€-65k
2024 · €14k
2019: €21k
2020: €-14k
2021: €21k
2022: €3k
2023: €21k
2024: €14k
2019 → 2025
Working capital
€60k▼ 51.5%
2024 · €124k
2019: €85k
2020: €76k
2021: €144k
2022: €91k
2023: €116k
2024: €124k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€106k-€109k▲ 2.8%€131k▲ 19.4%€144k▲ 10.6%€79k▼ 45.3%
Operating result€18k-€2k▼ 88.3%€27k▲ 1,150%€21k▼ 22.1%€-64k
Net result€21k-€3k▼ 85.8%€21k▲ 612%€14k▼ 34.5%€-65k
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 2025: a loss of €64k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€38k▼ 26.3%
Current assets
€92k▼ 42.9%
Equity and liabilities €130k
Equity
€79k▼ 45.3%
Debt
€51k▼ 25.2%
The debt ratio rises from 32.0% to 39.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-47k▼
2024 · €35k
Cash flow
€-48k▼
2024 · €28k
Solvency
60.8%▼
2024 · 68.0%
Current ratio
2.90▼
2024 · 4.35
Quick ratio
2.86▼
2024 · 4.31
Debt / equity
0.65▲
2024 · 0.47
ROE
-82.9%▼
2024 · 9.6%
ROA
-50.4%▼
2024 · 6.5%
Interest coverage
-26.76▼
2024 · 31.85
Debt
€51k▼
2024 · €68k
Debt ≤ 1 year
€32k▼
2024 · €37k
Debt > 1 year
€19k▼
2024 · €31k
Income taxes
€394▼
2024 · €7k
Staff costs
€705▲
2024 · €465
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€212k€130k▼
Fixed assets21/28€52k€38k▼
Tangible fixed assets22/27€52k€38k▼
Plant, machinery and equipment23€2k€820▼
Furniture and vehicles24€46k€30k▼
Other tangible fixed assets26€4k€8k▲
Current assets29/58€161k€92k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€89k€42k▼
Trade receivables40€78k€15k▼
Other amounts receivable41€11k€27k▲
Cash at bank and in hand54/58€66k€44k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€212k€130k▼
Equity10/15€144k€79k▼
Contributions10/11€19k€19k=
Reserves13€31k€31k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€95k€30k▼
Amounts payable17/49€68k€51k▼
Amounts payable after more than one year17€31k€19k▼
Financial debts170/4€31k€19k▼
Amounts payable within one year42/48€37k€32k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€14k€17k▲
Suppliers440/4€14k€17k▲
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€9k€394▼
Remuneration and social security454/9€3k€3k=
Accrued charges and deferred income492/3€350€261▼
Income statement
Code20242025
Remuneration, social security and pensions62€465€705▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€3k€2k▼
Gross operating margin9900€39k€-42k▼
Operating profit (loss)9901€21k€-64k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€21k€-65k▼
Income taxes67/77€7k€394▼
Profit (loss) for the period9904€14k€-65k▼
Profit (loss) for the period to be appropriated9905€14k€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€30k▼
Profit (loss) brought forward from the previous period14P€95k€95k=
Transfer to equity691/2€14k-
To the legal reserve6920€14k-
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €-65k ▼572%
Net result drops to €-65k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-06
Financial
Equity above €100kEq €106k ▲24.6%
Equity rises from €85k to €106k.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1 day late
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 223 days late
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, Montigny-le-Tilleul · 1 establishment unit since 2008
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.
Rue du Faubourg 2056110 Montigny-le-TilleulGround area
1,145 m²
Building footprint
113 m²
Volume, LiDAR
912 m³
Parcel 52048C0122/00P000, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HRUNANSKY STEPHANE
since 20082.171.520.687
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048C0122/00P000 | Wallonia | 1,145 m² | 1 · 113 m² | 9.4 m · 3 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
PJS Installatietechnieken
BE 0779.849.910
Oostkamp · Eq €79k
CPE INSTAL
BE 0781.430.020
Berlare · Eq €79k
Maes
BE 0427.427.233
Gistel · Eq €79k
Planetplus
BE 0715.576.027
Sint-Niklaas · Eq €79k
R.B.T.S.
BE 0477.102.022
Seneffe · Eq €79k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,837 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-2008
Fiscal year end30-06
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.