Turnover
≈ €210,000 estimated
The micro format states no turnover.
S & S Steel Construct
Lifetime
2 annual accounts with figures on one time axispeak €71,337 (2025)
€71,337▲ 9.6%
peak €44,362 (2024)
€41,063▼ 7.4%
peak €88,426 (2025)
€88,426▲ 86.7%
€120,962▲ 55.1%
Board2 names since 2023
2 directorsHoogwys Stef and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Equity from €47,362 to €88,426Debts from €78,007 to €120,962Investments €53,179Cash from €22,703 to €78,029
Key points
from the 2025 annual accountsInvestments
€53,179 3.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 33.1% higher than in 2024.
Starting capital
€3,000 100 shares
2025 accounts filed 31 days after the deadline
Checked score
69
Healthy
Financially stronger than 76% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%
01-2025: 2.4%▲ +0.1 percentage points vs 12-2024
02-2025: 2.7%▲ +0.3 percentage points vs 01-2025
03-2025: 2.7%● unchanged vs 02-2025
04-2025: 2.9%▲ +0.2 percentage points vs 03-2025
05-2025: 3.0%▲ +0.1 percentage points vs 04-2025
06-2025: 2.9%▼ -0.1 percentage points vs 05-2025
07-2025: 2.9%● unchanged vs 06-2025
08-2025: 3.1%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 1.3%▼ -1.8 percentage points vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.2%▼ -0.2 percentage points vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.9%▲ +0.6 percentage points vs 07-2026
09-2026: 1.0%▼ -0.9 percentage points vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Size: total assets €209,388
lowers risk
Liquidity: current ratio 1.83, cash €78,029
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 46% of them on solvency, 84% on liquidity, 84% on profitability and 91% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as S & S Steel Construct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of S & S Steel Construct itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for S & S Steel Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.83 (1.53 in 2024), above the usual 1.5. Short-term debt is 27.3% and cash 37.3% of total assets. However, 57.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 30 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805480872
Appointment: Stephan Hoogwys (director)
General meeting of 01-04-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: Hoogwys Stef · Appointment: Hoogwys Stef (director) · published on 07-09-2023 · Gazette deed
First establishment
Eksaardebaan 48, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S & S Steel Construct Lokeren | €209,388 | €71,337 | 42.2% | - |
| DVEC Sint-Niklaas | €208,057 | €74,941 | 21.7% | - |
| All Construct Verhovert Evergem | €173,278 | €80,379 | 3.5% | 0.3 |
| EK METALS Genk | €203,870 | €82,838 | 68.9% | - |
| MONTAGE & SERVICETECHNIK HANSEN Eupen | €212,886 | €84,216 | 31.4% | - |
| BUYSSE PROJECTS Staden | €231,731 | €85,569 | 31.3% | - |
| SDC POORTEN Kortemark | €175,365 | €71,702 | 55.7% | - |
These companies have the same main activity as S & S Steel Construct: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €173,000 and €232,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 05-09-2023Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 1 other
- Establishment unit
- 2.349.088.4919160 Lokeren, since 05-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-03-2025
Insights on S & S Steel Construct
S & S Steel Construct has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,426 and a net result of €41,063.
Its solvency ranks better than 48% of 2,343 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about S & S Steel Construct
- What is the company number of S & S Steel Construct?
- The company number of S & S Steel Construct is 0805.480.872. The VAT number is the same number with BE in front: BE 0805.480.872.
- Where is S & S Steel Construct based?
- The registered office is at Eksaardebaan 48, 9160 Lokeren.Company details
- What does S & S Steel Construct do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of S & S Steel Construct?
- S & S Steel Construct is a private limited company (BV).
- When was S & S Steel Construct founded?
- S & S Steel Construct was founded on 05-09-2023.
- Is S & S Steel Construct still active?
- Yes, S & S Steel Construct is an active enterprise in the KBO register.
- What is the turnover of S & S Steel Construct?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €71,337 and 2,667 comparable companies of the same size. It probably lies between €140,000 and €370,000. It is a rough estimate.Financials
- Is S & S Steel Construct profitable?
- In financial year 2025, S & S Steel Construct made a profit of €41,063.
- Where can I find the annual accounts of S & S Steel Construct?
- S & S Steel Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of S & S Steel Construct due?
- S & S Steel Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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