Equity
€255,738 ▲ 64.2%
Equity rose in 2025 from €155,757 to €255,738.
STCS
Overview
Lifetime
3 annual accounts with figures on one time axispeak €134,675 (2025)
€134,675▲ 14.7%
peak €99,981 (2025)
€99,981▲ 16.7%
peak €255,738 (2025)
€255,738▲ 64.2%
€46,903▼ 54.0%
Board2 names since 2023
2 directorsPhilippe Scherpenseel and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €117,430 to €134,675Equity from €155,757 to €255,738Debts from €102,008 to €46,903
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Investments
€1,372 5.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
6.43 was 2.53 in 2024
Short-term debts fell from €102,008 to €46,903.
Filings
3 annual accounts 1 late
The 2023 accounts came 23 days late. The other two were filed on time.
Position in the sector
€99,981
Higher net result than 85% of companies in head offices and management consultancy. Sector median €27,168 · 39,358 companies.
Checked score
98
Excellent
Financially stronger than 86% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 6.43, cash €117,446
Equity €255,738 (84.5% of total assets)
Figures for financial year 2025 (filed on 29-06-2026)
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 70, micro). It does better than 86% of them on solvency, 89% on liquidity, 84% on profitability and 84% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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 STCS 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
The bankruptcy probability of STCS itself is lower: < 0.1% within 12 months. It rests on far more data about STCS than the profile alone.
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 STCS. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.43 (2.53 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 38.8% of total assets. 15.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 days early
2024
9 days early
2023
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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. The company usually files around 22 July (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797449074
Incorporation
Founding capital of €2,000, 1,000 shares · Founder: SCHERPENSEEL, Julie Sabine Nelly · Appointments: SCHERPENSEEL, Julie Sabine Nelly (director) and Philippe Scherpenseel (director) · published on 24-01-2023 · Gazette deed
First establishment
Charles de Kerchovelaan 17, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STCS Ghent | €302,641 | €134,675 | 84.5% | - |
| Virginie De Brabandt Ghent | €329,785 | €135,575 | 72.2% | - |
| ZEDZED Ghent | €332,599 | €167,843 | 75.1% | - |
| MAZE Ghent | €275,141 | €125,081 | 84.8% | - |
| WK Financial Management Ghent | €330,798 | €164,385 | 68.4% | - |
| HOUSE OF EXPERT Lokeren | €315,416 | €131,216 | 72.3% | - |
| FABILEUX Berlare | €291,425 | €128,660 | 80.7% | - |
These companies have the same main activity as STCS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €275,000 and €333,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 20-01-2023Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.342.462.6019000 Ghent, since 20-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €134,675▲ 14.7%
- €99,981▲ 16.7%
- €255,738▲ 64.2%
- €302,641▲ 17.4%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on STCS
STCS files the micro format. That format states no turnover. The gross margin rose from €95,082 in 2023 to €134,675 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€134,675
▲ 14.7%
€134,007
▲ 14.4%
€99,981
▲ 16.7%
€254,640
▲ 63.5%
84.5%
▲ 24.1 percentage points
6.43
▲ 3.90
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €190,000 and €270,000.
Balance sheet
balance sheet total €302,641 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
84.5%
Higher than 83% of 39,342 companies in 2025.
6.43
Higher than 83% of 38,027 companies in 2025.
33.0%
Higher than 74% of 38,499 companies in 2025.
STCS
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
302,641 | 257,765 | 109,751 | |
21/28 |
1,098 | - | - | |
22/27 |
1,098 | - | - | |
24 |
1,098 | - | - | |
29/58 |
301,543 | 257,765 | 109,751 | |
40/41 |
184,097 | 130,893 | 42,532 | |
40 |
24,449 | 21,219 | 14,653 | |
41 |
159,648 | 109,674 | 27,879 | |
54/58 |
117,446 | 125,905 | 62,768 | |
490/1 |
- | 967 | 4,451 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
302,641 | 257,765 | 109,751 | |
10/15 |
255,738 | 155,757 | 70,101 | |
10/11 |
2,000 | 2,000 | 2,000 | |
13 |
253,738 | 153,757 | 68,101 | |
133 |
253,738 | 153,757 | 68,101 | |
17/49 |
46,903 | 102,008 | 39,650 | |
42/48 |
46,903 | 102,008 | 39,650 | |
44 |
1,408 | 1,620 | 323 | |
440/4 |
1,408 | 1,620 | 323 | |
45 |
45,495 | 100,388 | 39,328 | |
450/3 |
45,495 | 100,313 | 39,328 | |
454/9 |
- | 75 | - | |
| Income statement | ||||
9900 |
134,675 | 117,430 | 95,082 | |
630 |
274 | - | - | |
640/8 |
394 | 271 | 1,599 | |
9901 |
134,007 | 117,159 | 93,482 | |
75/76B |
7,196 | 2,486 | 481 | |
75 |
7,196 | 2,486 | 481 | |
65/66B |
228 | 35 | - | |
65 |
228 | 35 | - | |
9903 |
140,976 | 119,610 | 93,963 | |
67/77 |
40,995 | 33,954 | 25,862 | |
9904 |
99,981 | 85,656 | 68,101 | |
9905 |
99,981 | 85,656 | 68,101 | |
| Appropriation of the result | ||||
9906 |
99,981 | 85,656 | 68,101 | |
691/2 |
99,981 | 85,656 | 68,101 | |
6921 |
99,981 | 85,656 | 68,101 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 134,282 | - | - | ||
| 100,255 | - | - | ||
| 1,372 | - | - | ||
| -8,459 | 63,137 | - | ||
| 254,640 | 155,757 | 70,101 | ||
| 84.5% | 60.4% | 63.9% | ||
| 6.43 | 2.53 | 2.77 | ||
| 0.18 | 0.65 | 0.57 | ||
| 39.1% | 55.0% | 97.1% | ||
| 33.0% | 33.2% | 62.1% | ||
| over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,372 | - | - |
| €274 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on STCS
The operating result for 2025 is 14% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 39.6% to 15.5%. Equity is higher and debt is lower.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 24-01-2023
term without a fixed end
Director (not named in the articles)
appointed by deed of 24-01-2023
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Vertegenwoordiging: Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de…”deed of 24-01-2023
Mandates through the years
2 names, the dashed line is todayPhilippe Scherpenseel
Director (not named in the articles)
Director (not named in the articles)
SCHERPENSEEL,Julie Sabine Nelly
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Philippe Scherpenseel
- Director (not named in the articles), appointed by deed of 24-01-2023, still in office
- SCHERPENSEEL,Julie Sabine Nelly
- Director (not named in the articles), appointed by deed of 24-01-2023, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 1,000
- Contribution per share
- €2
- Equity per share
- €256 in 2025
- Source
- deed of 24-01-2023
Articles of association
deed of 24-01-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure-en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers;zelfde bij weigering…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of March at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-01-2023 ↗
- SCHERPENSEEL,Julie Sabine Nelly 1,000 shares (100%) · €2,000 in cash
Network & group
No group
STCS has no parent and no holdings in its annual accounts. STCS shares no director with another company.
At the same address
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Timeline
Timeline
10 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Highest result from 2023 to 2025 net €99,981 ▲16.7% The operating result of €134,007 and the net result of €99,981 are both a record.
Liquidity more than doubled current ratio 6.43 The current ratio rises from 2.53 to 6.43. Short-term debt falls from €102,008 to €46,903.
Equity above €200,000 equity €255,738 ▲64.2% With a profit in every financial year since 2023, equity grows to €255,738.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797449074
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
2024
Equity above €150,000 equity €155,757 ▲122% With a profit in every financial year since 2023, equity grows to €155,757.
Annual accounts 2023 filed PDFmicro format · 23 days late
2023
IncorporationFounding capital of €2,000, 1,000 shares · Founder: SCHERPENSEEL, Julie Sabine Nelly · Appointments: SCHERPENSEEL, Julie Sabine Nelly (director) and Philippe Scherpenseel (director) · published on 24-01-20237 points ▸
- Founder, SCHERPENSEEL, Julie Sabine Nelly
- Founding capital, €2,000, 1,000 shares
- SCHERPENSEEL, Julie Sabine Nelly holds all the shares
- Registered office clause, Charles de Kerchovelaan 17 bus A, 9000 Gent
- Director appointment, SCHERPENSEEL, Julie Sabine Nelly (director (not named in the articles))
- Director appointment, Philippe Scherpenseel (director (not named in the articles))
- Power of attorney, Pierre Verschaffel
- The deed holds 2 more points.
First establishment Charles de Kerchovelaan 17, Ghent
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0797.449.074
- VAT number
- BE 0797.449.074
- Peppol ID
- 0208:0797449074
- Other Peppol ID
- 9925:BE0797449074
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of March at 18:00deed of 24-01-2023 (in Dutch)
- Peppol
- Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- STCS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-01-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 24-01-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen onroerend vermogen;alle verrichtingen met betrekking tot onroerende…”deed of 24-01-2023 (in Dutch)
2 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,binnenhuisinrichting en decoratie,verhuren en huren van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen of die betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan en verkoop,de huur-en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Charles de Kerchovelaan 17 registered office 9000 Ghent | 20-01-2023 | 2.342.462.601 |
Buildings and parcels at the address
- Ground area
- 737 m²
- Buildings
- 249 m²
- Volume, LiDAR
- 2,796 m³
- Tallest building
- 26.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44805E0865/00A005 | 737 m² | 1 · 249 m² | 26.9 m · 5 |