IMMO STELO
The computed 12-month bankruptcy probability of IMMO STELO is 1.9% (moderate). The 2025 annual accounts show equity of €131k and a net result of €-2k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 854 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €131k |
| Net result | €-2k |
| Better than sector | 19% |
| Active | 6 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.8% | 56.9% | |
| Net result | €-2k | €27k | |
| Equity | €131k | €53k | |
| Gross operating margin | €107k | €50k | |
| Staff costs | €0 | €35k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | €0 | €0 | - |
| EBITDA | €99k | €95k | €101k | €85k |
| Net profit | €-2k | €14k | €9k | €8k |
| Cash flow | €29k | €43k | €38k | €74k |
| Staff costs | €0 | €246 | €0 | - |
| Income taxes | €3k | €2k | €1k | €345 |
| Dividends | - | - | - | - |
| Total assets | €1.02M | €1.03M | €1.05M | €1.05M |
| Equity | €131k | €132k | €118k | €109k |
| Debt | €891k | €896k | €929k | €943k |
| of which ≤ 1y | €290k | €232k | €204k | €159k |
| of which > 1y | €601k | €663k | €724k | €785k |
| Working capital | €-192k | €-158k | €-121k | €-97k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.34 | 0.32 | 0.41 | 0.39 |
| Quick ratio | 0.34 | 0.32 | 0.41 | 0.39 |
| Working capital ratio | -18.8% | -15.4% | -11.6% | -9.2% |
| Solvency | 12.8% | 12.8% | 11.3% | 10.4% |
| Debt / equity | 6.82 | 6.78 | 7.86 | 8.64 |
| Long-term debt ratio | 4.60 | 5.02 | 6.13 | 7.19 |
| Interest coverage | 1.47 | 1.92 | 1.65 | 7.91 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.1% | 1.4% | 0.9% | 0.8% |
| ROE | -1.2% | 10.5% | 7.6% | 7.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.02M | €1.03M | €1.05M | €1.05M |
| Fixed assets | 21/28 | €924k | €954k | €963k | €991k |
| Formation expenses | 20 | €0 | €0 | €0 | - |
| Tangible fixed assets | 22/27 | €924k | €954k | €963k | €991k |
| Current assets | 29/58 | €98k | €74k | €83k | €61k |
| Amounts receivable within one year | 40/41 | €29k | €25k | €19k | €18k |
| Cash & bank | 54/58 | €65k | €45k | €61k | €40k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.02M | €1.03M | €1.05M | €1.05M |
| Equity | 10/15 | €131k | €132k | €118k | €109k |
| Contributions / capital | 10/11 | €135k | €135k | €135k | €135k |
| Accumulated profits (losses) | 14 | €-4k | €-3k | €-17k | €-26k |
| Amounts payable | 17/49 | €891k | €896k | €929k | €943k |
| Amounts payable after one year | 17 | €601k | €663k | €724k | €785k |
| Amounts payable within one year | 42/48 | €290k | €232k | €204k | €159k |
| Trade debts payable within one year | 44 | €20k | €12k | €10k | €7k |
| Income statement | |||||
| Turnover | 70 | - | €0 | €0 | - |
| Gross operating margin | 9900 | €107k | €104k | €110k | €92k |
| Operating result | 9901 | €69k | €66k | €72k | €19k |
| Financial income | 75 | €3 | €1 | €2 | - |
| Financial charges | 65 | €68k | €49k | €61k | €11k |
| Result before taxes | 9903 | €2k | €16k | €10k | €8k |
| Income taxes | 67/77 | €3k | €2k | €1k | €345 |
| Net result for the period | 9904 | €-2k | €14k | €9k | €8k |
| Result to be appropriated | 9905 | €-2k | €14k | €9k | €8k |
-
Isabelle SANDERMANSManaging directorState Gazette act 23022468 (15-02-2023)Current15-02-2023 → present
Former directors (1)
-
Stefano CoppolaDirectorState Gazette act 23022468 (15-02-2023)Former- → 15-02-2023
| NACE primary | Public relations and communication consultancy(73300) |
| Legal form | Public limited company(014) |
| Incorporation | 10-07-2020 |
| Status | Active |
| Postal code | 1200 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0100/00L000 | Brussels | 4,222 m² | 1 · 1,067 m² | 21.9 m · 5 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-02-2023 1 director appointed, 1 resigning
- Isabelle SANDERMANS, Gedelegeerd bestuurder
- Stefano Coppola, Bestuurder
Technical details
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},
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"evidence_quote": "Monsieur Stefano Coppola souhaite d\u00E9missionner de son poste d\u0027administrateur et d\u0027administrateur d\u00E9l\u00E9gu\u00E9, avec effet imm\u00E9diat.",
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{
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"name": "CLW Associates",
"address": "1200 Bruxelles avenue Jacques Brel 38",
"country": "BE",
"legal_form": "SRL"
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],
"notary": {
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"firm_name": null,
"office_city": "Pexelles",
"is_associated": false
},
"act_meta": {
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},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-06-16",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0750.480.387",
"name_full": "IMMO STELLO SA",
"legal_form": "SA"
},
"publication_proxy": {
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"person_name": "Georges Latran",
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"person_role_at_subject": "Mandataire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | IMMO STELO |