PELLENS STEFAN
ActivePELLENS STEFAN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €151k and a net result of €48k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+15
Solvency77▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.28 against 3.52 in 2023; short-term debt: 34.8% and cash: 3.7% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
28 d late
2022
53 d late
2021
106 d late
2020
109 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€151k▲ 46.2%
2023 · €104k
2018: €82k
2019: €83k
2020: €81k
2021: €94k
2022: €108k
2023: €104k
2018 → 2024
Total assets
€289k▲ 55.7%
2023 · €185k
2018: €141k
2019: €164k
2020: €142k
2021: €155k
2022: €180k
2023: €185k
2018 → 2024
Net result
€48k▲ 477%
2023 · €8k
2018: €2k
2019: €2k
2020: €-2k
2021: €13k
2022: €14k
2023: €8k
2018 → 2024
Working capital
€129k▲ 18.2%
2023 · €109k
2018: €77k
2019: €89k
2020: €81k
2021: €94k
2022: €105k
2023: €109k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€94k▲ 16.0%€108k▲ 14.5%€104k▼ 4.2%€151k▲ 46.2%
Operating result€424-€20k▲ 4,651%€20k▲ 1.3%€15k▼ 26.7%€76k▲ 408%
Net result€-2k-€13k€14k▲ 5.4%€8k▼ 39.5%€48k▲ 477%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 408% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €289k
Fixed assets
€60k▲ 77.9%
Current assets
€229k▲ 50.8%
Equity and liabilities €289k
Equity
€151k▲ 46.2%
Debt
€137k▲ 67.7%
The debt ratio rises from 44.2% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▲
2023 · €26k
Cash flow
€61k▲
2023 · €20k
Solvency
52.4%▼
2023 · 55.8%
Current ratio
2.28▼
2023 · 3.52
Quick ratio
2.24▼
2023 · 3.38
Debt / equity
0.91▲
2023 · 0.79
ROE
31.6%▲
2023 · 8.0%
ROA
16.6%▲
2023 · 4.5%
Interest coverage
23.22▲
2023 · 9.36
Debt
€137k▲
2023 · €82k
Debt ≤ 1 year
€100k▲
2023 · €43k
Debt > 1 year
€37k▼
2023 · €39k
Income taxes
€25k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€185k€289k▲
Fixed assets21/28€34k€60k▲
Tangible fixed assets22/27€34k€60k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€26k€53k▲
Current assets29/58€152k€229k▲
Amounts receivable after more than one year29€48k€52k▲
Other amounts receivable291€48k€52k▲
Stocks and contracts in progress3€6k€4k▼
Stocks30/36€2k€1k▼
Contracts in progress37€4k€3k▼
Amounts receivable within one year40/41€64k€149k▲
Trade receivables40€32k€116k▲
Other amounts receivable41€32k€33k▲
Cash at bank and in hand54/58€18k€11k▼
Deferred charges and accrued income490/1€16k€14k▼
Equity and liabilities
Total equity and liabilities10/49€185k€289k▲
Equity10/15€104k€151k▲
Contributions10/11€6k€6k=
Reserves13€55k€102k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€697€697=
Distributable reserves133€52k€100k▲
Profit (loss) carried forward14€43k€43k=
Amounts payable17/49€82k€137k▲
Amounts payable after more than one year17€39k€37k▼
Financial debts170/4€39k€37k▼
Amounts payable within one year42/48€43k€100k▲
Current portion of amounts payable after more than one year42€9k€12k▲
Trade debts44€29k€59k▲
Suppliers440/4€29k€59k▲
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€2k€22k▲
Taxes450/3€2k€22k▲
Other amounts payable47/48-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€29k€93k▲
Operating profit (loss)9901€15k€76k▲
Financial income75/76B€711€765▲
Recurring financial income75€711€765▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€13k€73k▲
Income taxes67/77€5k€25k▲
Profit (loss) for the period9904€8k€48k▲
Profit (loss) for the period to be appropriated9905€8k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€91k▲
Profit (loss) brought forward from the previous period14P€43k€43k=
Transfer from equity791/2€13k-
Transfer to equity691/2€8k€48k▲
To other reserves6921€8k€48k▲
Profit to be distributed694/7€13k-
Return on contributions (dividend)694€13k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €48k ▲477%
Operating result €76k, net result €48k, both a record.
31-12
Financial
Equity above €150kEq €151k ▲46.2%
4 profitable years in a row build equity to €151k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Equity above €100kEq €108k ▲14.5%
2 profitable years in a row build equity to €108k.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼214%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 34 days late
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 63 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 114 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, Maasmechelen · 1 establishment unit since 2001
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.
Uikhoverstraat(U) 31A3631 MaasmechelenGround area
1,905 m²
Building footprint
163 m²
Volume, LiDAR
1,015 m³
Parcel 73084B0298/00B000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Uikhoverstraat(U) 31A, 3631 Maasmechelen
since 20012.094.539.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73084B0298/00B000 | Flanders | 1,905 m² | 1 · 163 m² | 9.3 m · 2 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
PANO PROJECTS
BE 0798.080.069
Puurs-Sint-Amands · Eq €151k
HJC Construction
BE 0683.917.702
Anderlecht · Eq €151k
NISSON
BE 0458.549.682
Sint-Pieters-Leeuw · Eq €151k
RP TOIT - CONCEPT
BE 0456.357.383
Jette · Eq €151k
RENOVATIE LAUWERS
BE 0646.684.647
Waregem · Eq €151k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 6,062 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2001
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.