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S.T.V.

Active
Public limited companyfounded 198936 yrs activeHuttegem 12, 8570 Anzegem, BelgiumKBO/BCE: BE 0439.600.634

S.T.V. has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229k and a net result of €24k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
56 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-16
Solvency54▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.39 in 2024), and 57.4% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.6%
Return on assets
4.5%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
25 d early
2023
5 d early
2022
50 d early
2021
40 d early
2020
39 d early
2019
2 d early
← 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 months
Position in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€229k▲ 2.8%
2024 · €223k
2019: €180k 2020: €185k 2021: €194k 2022: €202k 2023: €216k 2024: €223k
2019 → 2025
Total assets
€538k▲ 0.1%
2024 · €537k
2019: €315k 2020: €280k 2021: €267k 2022: €257k 2023: €540k 2024: €537k
2019 → 2025
Net result
€24k▼ 21.6%
2024 · €31k
2019: €68k 2020: €10k 2021: €9k 2022: €8k 2023: €14k 2024: €31k
2019 → 2025
Working capital
€-38k▼ 15.8%
2024 · €-33k
2019: €12k 2020: €10k 2021: €11k 2022: €2k 2023: €-17k 2024: €-33k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€194k-€202k▲ 4.2%€216k▲ 6.8%€223k▲ 3.2%€229k▲ 2.8%
Operating result€17k-€15k▼ 14.2%€20k▲ 35.8%€35k▲ 76.1%€37k▲ 4.3%
Net result€9k-€8k▼ 13.3%€14k▲ 69.6%€31k▲ 124%€24k▼ 21.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2021: €17k€17kNet result 2021: €9k€9kOperating result 2022: €15k€15kNet result 2022: €8k€8kOperating result 2023: €20k€20kNet result 2023: €14k€14kOperating result 2024: €35k€35kNet result 2024: €31k€31kOperating result 2025: €37k€37kNet result 2025: €24k€24k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets €503k▼ 2.6%
Current assets €35k▲ 64.9%
Equity and liabilities €538k
Equity €229k▲ 2.8%
Debt €309k▼ 1.9%
The debt ratio falls from 58.6% to 57.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50k
2024 · €49k
Cash flow
€38k
2024 · €44k
Solvency
42.6%
2024 · 41.4%
Current ratio
0.48
2024 · 0.39
Quick ratio
0.48
2024 · 0.39
Debt / equity
1.35
2024 · 1.41
ROE
10.6%
2024 · 13.8%
ROA
4.5%
2024 · 5.7%
Interest coverage
4.80
2024 · 11.30
Debt
€309k
2024 · €315k
Debt ≤ 1 year
€73k
2024 · €54k
Debt > 1 year
€236k
2024 · €261k
Income taxes
€2k
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€537k€538k
Fixed assets21/28€516k€503k
Tangible fixed assets22/27€516k€503k
Land and buildings22€516k€503k
Current assets29/58€21k€35k
Amounts receivable within one year40/41€2k€6k
Trade receivables40-€4k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€19k€28k
Deferred charges and accrued income490/1€685€709
Equity and liabilities
Total equity and liabilities10/49€537k€538k
Equity10/15€223k€229k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€161k€167k
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€148k€154k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€315k€309k
Amounts payable after more than one year17€261k€236k
Financial debts170/4€179k€157k
Other amounts payable178/9€82k€79k
Amounts payable within one year42/48€54k€73k
Current portion of amounts payable after more than one year42€22k€24k
Trade debts44€8k€1k
Suppliers440/4€8k€1k
Taxes, remuneration and social security45€930€3k
Taxes450/3€930€3k
Other amounts payable47/48€24k€45k
Accrued charges and deferred income492/3€0€301
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k
Other operating charges640/8€2k€2k
Gross operating margin9900€50k€52k
Operating profit (loss)9901€35k€37k
Financial charges65/66B€4k€10k
Recurring financial charges65€4k€10k
Profit (loss) for the period before taxes9903€31k€26k
Income taxes67/77-€2k
Profit (loss) for the period9904€31k€24k
Profit (loss) for the period to be appropriated9905€31k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€31k€24k
Transfer to equity691/2€7k€6k
To other reserves6921€7k€6k
Profit to be distributed694/7€24k€18k
Directors or managers695€24k€18k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial Weakest financial yearnet €8k ▼13.3%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-06
Financial Equity above €200kEq €202k ▲4.2%
4 profitable years in a row build equity to €202k.
2021
22-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
29-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
05-12
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.

Directors · office · real estate

Directors
4 directors, no change since 2023
BV TENANTE
Director · since 19-10-2023 · Legal entity
Current
Carl Dejager
Wettelijk vertegenwoordiger · since 19-10-2023
Current
19-10-2023 BV TENANTE: Appointed as Director
19-10-2023 BV TENANTE: Appointed as Daily management
19-10-2023 Carl Dejager: Appointed as Wettelijk vertegenwoordiger
19-10-2023 BV VERHAEGHE - SOENENS: Resigned as Director
19-10-2023 Vincent Verhaeghe: Resigned as Director
19-10-2023 Vincent Verhaeghe: Resigned as Managing director
19-10-2023 Tenante BV: Appointed as Permanent representative
19-10-2023 Verhaeghe-Soenens BV: Resigned as Permanent representative
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 1990
establishment The establishment unit on the map
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.

Huttegem 128570 Anzegem
Ground area
2,747 m²
Building footprint
949 m²
Volume, LiDAR
6,524 m³
Parcel 34018A0163/00T000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Huttegem 12, 8570 Anzegem
NACE 70120
since 19902.185.196.006
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34018A0163/00T000 Flanders 2,747 m² 1 · 949 m² 8.2 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

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,282 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-12-1989
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.