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STEALTH CONCEPT

Active
Private limited companyfounded 2025active for 1 yearPenelopelaan 20, 1190 Vorst, BelgiumKBO/BCE: BE 1025.366.115
Summary

The computed 12-month bankruptcy probability of STEALTH CONCEPT is 1.7% (moderate). The 2025 annual accounts show equity of €3,877 and a net result of -€1,123. Its solvency ranks better than 25% of 1,823 sector peers (NACE 77, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444400.

Equity
€3,877
Total assets
€202,238
Net result
-€1,123
Working capital
-€567

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €202,238
Fixed assets €5,944
Current assets €196,294
Equity and liabilities €202,238
Equity €3,877
Debt €198,361
Debt finances 98.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€726
Cash flow
-€859
Current ratio
1.00
Debt to equity
51.16
ROE
-29.0%
ROA
-0.6%
Interest coverage
-5.40
Debt ≤ 1 year
€196,861

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 95.7% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
95.7% still going

For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€202,238
Fixed assets21/28€5,944
Tangible fixed assets22/27€5,944
Furniture and vehicles24€5,944
Current assets29/58€196,294
Amounts receivable within one year40/41€104,617
Trade receivables40€104,617
Cash at bank and in hand54/58€10,370
Deferred charges and accrued income490/1€81,307
Equity and liabilities
Total equity and liabilities10/49€202,238
Equity10/15€3,877
Contributions10/11€5,000
Profit (loss) carried forward14-€1,123
Amounts payable17/49€198,361
Amounts payable within one year42/48€196,861
Trade debts44€86,026
Suppliers440/4€86,026
Advances received on contracts in progress46€12,502
Taxes, remuneration and social security45€3,375
Taxes450/3€3,375
Other amounts payable47/48€94,959
Accrued charges and deferred income492/3€1,500
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264
Other operating charges640/8€400
Gross operating margin9900-€327
Operating profit (loss)9901-€991
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€1,123
Profit (loss) for the period9904-€1,123
Profit (loss) for the period to be appropriated9905-€1,123
Appropriation of the result
Profit (loss) to be appropriated9906-€1,123

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264
Other operating charges640/8€400
Gross operating margin9900-€327
Operating profit (loss)9901-€991
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€1,123
Profit (loss) for the period9904-€1,123
Profit (loss) for the period to be appropriated9905-€1,123
Line2025
Assets
Total assets20/58€202,238
Fixed assets21/28€5,944
Tangible fixed assets22/27€5,944
Furniture and vehicles24€5,944
Current assets29/58€196,294
Amounts receivable within one year40/41€104,617
Trade receivables40€104,617
Cash at bank and in hand54/58€10,370
Deferred charges and accrued income490/1€81,307
Equity and liabilities
Total equity and liabilities10/49€202,238
Equity10/15€3,877
Contributions10/11€5,000
Profit (loss) carried forward14-€1,123
Amounts payable17/49€198,361
Amounts payable within one year42/48€196,861
Trade debts44€86,026
Suppliers440/4€86,026
Advances received on contracts in progress46€12,502
Taxes, remuneration and social security45€3,375
Taxes450/3€3,375
Other amounts payable47/48€94,959
Accrued charges and deferred income492/3€1,500
Line2025
Profit (loss) for the period9904-€1,123
+ Depreciation and write-downs630€264
Operating cash flow (approximation)-€859

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00444400

Similar companies · same sector, comparable size

Of the 1,406 active companies whose main activity is renting and leasing of cars and light motor vehicles (NACE 77110), figures are known for 744. 227 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.