Financials
- Financial year
- 2025
- Total assets
- €175,327
- Profit
- €63,626
- Solvency
- 49.6%
Total assets▼ 30.7%
Net result
20192025
STE
ActiveSummary
STE has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,968 and a net result of €63,626. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 53% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Insulation installation
NACE 43230
1 site
Size
€175,327total assets 2025
- Equity
- €86,968
- Profit
- €63,626
Turnover not published (micro format)
Structure
2025 accounts 45 days early1 of 8 deeds summarised
Why 85raises riskSector: Specialised construction activities (NACE 43)Size: total assets €175,327Profit of €63,626 (financial year 2025)lowers riskFounded in 2014Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
75+25
equity 49.6% of total assets
Liquidity
36-8
short-term debt 50.4% · cash 8.7%
Profitability
100=
return on assets 36.3%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.3%▼ -0.2 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 0.3%▼ -0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 0.5%● unchanged vs 01-2026highest value
03-2026: 0.5%● unchanged vs 02-2026highest value
04-2026: 0.4%▼ -0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.79, compared with 1.21 in 2024, above the usual 1.5; short-term debt: 50.4% and cash: 8.7% of total assets), but 50.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 54% on solvency, 24% on liquidity, 92% on profitability and 78% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
45 days early
2023
11 days early
2022
50 days early
2021
33 days early
2020
23 days early
2019
12 days 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 31 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 17 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €95,065 ▲182%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- Next accounts
- by 31-01-2027
- 20-01-2024Annual accounts filed
- 29-09-2023Appointment: Erol Akkus (director)
- 12-12-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Insulation installationNACE 43230
- Founded
- 10-07-2014
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Annual meeting
- Second Thursday of December at 19:00
- Purpose
- “Goederenvervoer langs de weg: vervoer van boomstammen, zwaar internationaal vervoer…” (deed in Dutch)
Key facts about STE
- What is the company number of STE?
- 0555.895.221. In Belgium the VAT number is the company number with BE in front: BE 0555.895.221.
- Where is STE based?
- The registered office is at Neerstraat 5, 9220 Hamme (Vl.).Company details
- What does STE do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of STE?
- Private limited company (BV).
- When was STE founded?
- On 10-07-2014.
- Is STE still active?
- Yes, STE is an active enterprise in the KBO register.
- How many employees does STE have?
- On average 1.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of STE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is STE profitable?
- In financial year 2025, STE made a profit of €63,626.
- Where can I find the annual accounts of STE?
- STE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STE due?
- By 31-01-2027, for financial year 2026.Timeline
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