Le Stift
ActiveSummary
Le Stift has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€12,702) and a net result of -€45,427. Equity is growing by ~47% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Advertising agencies
NACE 73110
1 site
How big
€74,917total assets 2024
- Equity
- -€12,702
- Loss
- -€45,427
Turnover not published (abridged schema)
Who decides
Accounts 39 d early0 of 2 deeds read
Why 37- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-71
Solvency8▼-43
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 1.49 in 2023; short-term debt: 64% and cash: 25.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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%
Return on assets
-60.6%
Age of the figures
21 mo
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
46 d late
2023
36 d early
2022
on the day
2021
20 d early
2020
9 d early
2019
32 d early
← 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 13 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€45,427
Financials
Fiscal year 2024Total assets €74,917Loss -€45,427Solvency -17.0%Liquidity 0.68
Total assets
€74,917▼ 40.7%
2018 - 2024
Net result
-€45,427
2018 - 2024
Equity
-€12,702
2018 - 2024
Solvency
-17.0%▼ 42.9pp
2018 - 2024
Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€14,196▼ 44.9%€7,237▼ 49.0%€21,430▲ 196%€5,886▼ 72.5%-€43,641
Net result€8,684within the sector's middle half▼ 53.1%€3,335within the sector's middle half▼ 61.6%€13,044within the sector's middle half▲ 291%€1,974within the sector's middle half▼ 84.9%-€45,427below the sector's middle half
Equity€14,372below the sector's middle half▲ 153%€17,707below the sector's middle half▲ 23.2%€30,752below the sector's middle half▲ 73.7%€32,725below the sector's middle half▲ 6.4%-€12,702below the sector's middle half
Total assets€160,696below the sector's middle half▲ 5.2%€134,468below the sector's middle half▼ 16.3%€159,392below the sector's middle half▲ 18.5%€126,340below the sector's middle half▼ 20.7%€74,917below the sector's middle half▼ 40.7%
Debt€146,324▼ 0.5%€116,761▼ 20.2%€128,640▲ 10.2%€93,615▼ 27.2%€87,619▼ 6.4%
Working capital€7,441within the sector's middle half€9,212within the sector's middle half▲ 23.8%€24,748within the sector's middle half▲ 169%€24,811within the sector's middle half▲ 0.3%-€15,361within the sector's middle half
Solvency8.9%below the sector's middle half▲ 5.2pp13.2%below the sector's middle half▲ 4.2pp19.3%within the sector's middle half▲ 6.1pp25.9%within the sector's middle half▲ 6.6pp-17.0%below the sector's middle half▼ 42.9pp
Current ratio1.10within the sector's middle half▲ 0.121.17within the sector's middle half▲ 0.071.32within the sector's middle half▲ 0.161.49within the sector's middle half▲ 0.170.68below the sector's middle half▼ 0.81
Return on assets (ROA)5.4%within the sector's middle half▼ 6.7pp2.5%within the sector's middle half▼ 2.9pp8.2%within the sector's middle half▲ 5.7pp1.6%within the sector's middle half▼ 6.6pp-60.6%below the sector's middle half▼ 62.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €43,641 after €5,886 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,917
Fixed assets
€42,336 ▼ 17.5%
Current assets
€32,581 ▼ 56.6%
Equity and liabilities
Equity-€12,702
Debt€87,619
Equity is negative: debt (€87,619) exceeds the balance-sheet total (€74,917).
Key figures and ratios
Key figures and ratios
EBITDA
-€31,291▼
2023 · €17,619
Cash flow
-€33,077▼
2023 · €13,707
Quick ratio
0.67▼
2023 · 1.49
Interest coverage
-21.10▼
2023 · 10.25
Debt ≤ 1 year
€47,942▼
2023 · €50,190
Debt > 1 year
€38,123▼
2023 · €42,854
Income taxes
€303▼
2023 · €2,193
Staff costs
€497▲
2023 · €384
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% 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 497,341 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% | 1.8% |
| 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 6,906 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,777 | - |
| Remuneration, social security and pensions62 | - | €582 | €348 | €384 | €497 | ▲ 29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,960 | €10,868 | €11,322 | €11,733 | €12,351 | ▲ 5.3% |
| Other operating charges640/8 | - | €1,040 | €1,557 | €1,312 | €947 | ▼ 27.8% |
| Gross operating margin9900 | €25,852 | €19,727 | €34,656 | €19,315 | -€29,846 | ▼ 255% |
| Operating profit (loss)9901 | €14,196 | €7,237 | €21,430 | €5,886 | -€43,641 | ▼ 841% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | €3 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €1,869 | €1,904 | €1,719 | €1,483 | ▼ 13.7% |
| Recurring financial charges65 | €2,021 | €1,869 | €1,904 | €1,719 | €1,483 | ▼ 13.7% |
| Profit (loss) for the period before taxes9903 | €12,178 | €5,368 | €19,527 | €4,167 | -€45,124 | ▼ 1,183% |
| Income taxes67/77 | €3,494 | €2,033 | €6,482 | €2,193 | €303 | ▼ 86.2% |
| Profit (loss) for the period9904 | €8,684 | €3,335 | €13,044 | €1,974 | -€45,427 | ▼ 2,401% |
| Profit (loss) for the period to be appropriated9905 | €8,684 | €3,335 | €13,044 | €1,974 | -€45,427 | ▼ 2,401% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,696 | €134,468 | €159,392 | €126,340 | €74,917 | ▼ 40.7% |
| Fixed assets21/28 | €76,215 | €69,432 | €58,110 | €51,339 | €42,336 | ▼ 17.5% |
| Intangible fixed assets21 | €21,840 | €16,380 | €10,920 | €5,460 | €1,511 | ▼ 72.3% |
| Tangible fixed assets22/27 | €54,375 | €53,052 | €47,190 | €45,879 | €40,824 | ▼ 11.0% |
| Land and buildings22 | - | €49,875 | €45,375 | €40,875 | €36,375 | ▼ 11.0% |
| Furniture and vehicles24 | - | - | - | €3,557 | €3,906 | ▲ 9.8% |
| Other tangible fixed assets26 | - | €3,177 | €1,815 | €1,448 | €544 | ▼ 62.4% |
| Current assets29/58 | €84,481 | €65,036 | €101,282 | €75,001 | €32,581 | ▼ 56.6% |
| Stocks and contracts in progress3 | - | - | - | - | €343 | - |
| Stocks30/36 | - | - | - | - | €343 | - |
| Amounts receivable within one year40/41 | €46,226 | €20,618 | €13,133 | €1,180 | €7,176 | ▲ 508% |
| Trade receivables40 | - | €20,614 | €13,128 | - | €7,172 | - |
| Other amounts receivable41 | - | €4 | €4 | €1,180 | €4 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €35,382 | €41,479 | €83,293 | €69,219 | €19,016 | ▼ 72.5% |
| Deferred charges and accrued income490/1 | - | €2,939 | €4,856 | €4,602 | €6,046 | ▲ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,696 | €134,468 | €159,392 | €126,340 | €74,917 | ▼ 40.7% |
| Equity10/15 | €14,372 | €17,707 | €30,752 | €32,725 | -€12,702 | ▼ 139% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Outside capital11 | - | - | €6,200 | - | - | - |
| Other1109/19 | - | - | €6,200 | - | - | - |
| Reserves13 | €19,227 | €22,562 | €35,606 | €37,580 | €37,580 | = |
| Non-distributable reserves130/1 | - | €716 | €716 | - | - | - |
| Legal reserve130 | - | €716 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €716 | - | - | - |
| Distributable reserves133 | - | €21,845 | €34,890 | €37,580 | €37,580 | = |
| Profit (loss) carried forward14 | -€11,055 | -€11,055 | -€11,055 | -€11,055 | -€56,482 | ▼ 411% |
| Amounts payable17/49 | €146,324 | €116,761 | €128,640 | €93,615 | €87,619 | ▼ 6.4% |
| Amounts payable after more than one year17 | €69,284 | €60,458 | €51,616 | €42,854 | €38,123 | ▼ 11.0% |
| Financial debts170/4 | - | €60,458 | €51,616 | €42,854 | €38,123 | ▼ 11.0% |
| Amounts payable within one year42/48 | €77,040 | €55,825 | €76,534 | €50,190 | €47,942 | ▼ 4.5% |
| Current portion of amounts payable after more than one year42 | - | €8,827 | €8,929 | €8,762 | €4,731 | ▼ 46.0% |
| Trade debts44 | €5,221 | €4,417 | €3,888 | €902 | €8,127 | ▲ 801% |
| Suppliers440/4 | - | €4,417 | €3,888 | €902 | €8,127 | ▲ 801% |
| Taxes, remuneration and social security45 | - | €3,703 | €11,961 | €2,505 | €1,218 | ▼ 51.4% |
| Taxes450/3 | - | €3,703 | €11,961 | €2,505 | €1,218 | ▼ 51.4% |
| Other amounts payable47/48 | - | €38,877 | €51,756 | €38,021 | €33,866 | ▼ 10.9% |
| Accrued charges and deferred income492/3 | - | €479 | €490 | €570 | €1,554 | ▲ 172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,684 | €3,335 | €13,044 | €1,974 | -€45,427 | ▼ 2,401% |
| + Depreciation and write-downs630 | €9,960 | €10,868 | €11,322 | €11,733 | €12,351 | ▲ 5.3% |
| Operating cash flow (approximation) | €18,644 | €14,203 | €24,366 | €13,707 | -€33,077 | ▼ 341% |
| Investment in fixed assets (approximation) | - | -€4,085 | €0 | -€4,961 | -€3,347 | ▲ 32.5% |
| Change in cash | - | €6,098 | €41,813 | -€14,073 | -€50,204 | ▼ 257% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,869 companies in this sector we hold annual accounts for 3,760. See the whole sector
Timeline
12 eventsLatest 22-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet -€45,427
Net result drops to -€45,427, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €18,510
Net result €18,510 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Company details
Private limited company · founded 08-02-2013Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded08-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
18130Pre-press and pre-media services
90201Performing arts by independent artists
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID
0208:0504851346
Also
9925:BE0504851346
Registered
09-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2013
Ground area
1,787 m²
Building footprint
169 m²
Volume, LiDAR
912 m³
Parcel 12392A0851/00F000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PONCHERELLO
since 2013unit no. 2.219.007.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0851/00F000 | Flanders | 1,787 m² | 1 · 169 m² | 9.8 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.
Go further with this company
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