Skip to content

STEDA

Active
Private limited companyfounded 198639 yrs activeOude-Bruglaan 112B, 9160 Lokeren, BelgiumKBO/BCE: BE 0429.676.742
Summary

STEDA has been active since 1986 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €107,656 and a net result of €850. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 15375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability39▲+20
Solvency100=
Growth38▲+16
Track record84
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
short-term debt: 0.1% and cash: 40.5% of total assets, and 3.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
55 d late
2022
3 d early
2021
68 d late
2020
28 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-compliance×2

History

STEDA was incorporated on 4 November 1986.1 Revenue fell from EUR 7,775 in 2018 to EUR 4,899 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€4,899▼ 37.0%
2018 · €7,775
EBIT margin
-122.8%▼ 35.6pp
2018 · -87.1%
Net result
€850
2023 · -€8,370
Working capital
€111,832▲ 2.2%
2022 · €109,434
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€4,899
Operating result-€6,013▲ 43.3%-€9,784▼ 62.7%-€6,973▲ 28.7%-€8,175▼ 17.2%-€2,663▲ 67.4%
Net result-€1,344below the sector's middle half▲ 87.3%-€5,923below the sector's middle half▼ 341%-€3,184below the sector's middle half▲ 46.2%-€8,370below the sector's middle half▼ 163%€850below the sector's middle half
EBIT margin-122.8%
Equity€114,367within the sector's middle half▼ 1.2%€108,443within the sector's middle half▼ 5.2%€105,259within the sector's middle half▼ 2.9%€106,805within the sector's middle half▲ 1.5%€107,656within the sector's middle half▲ 0.8%
Total assets€119,719within the sector's middle half▼ 19.3%€114,836within the sector's middle half▼ 4.1%€110,259within the sector's middle half▼ 4.0%€110,982within the sector's middle half▲ 0.7%€111,951within the sector's middle half▲ 0.9%
Debt€1,176▼ 95.9%€2,216▲ 88.4%€825▼ 62.8%€119
Working capital€118,542within the sector's middle half▼ 1.1%€112,620within the sector's middle half▼ 5.0%€109,434within the sector's middle half▼ 2.8%€111,832within the sector's middle half
Solvency95.5%above the sector's middle half▲ 17.6pp94.4%above the sector's middle half▼ 1.1pp95.5%above the sector's middle half▲ 1.0pp96.2%above the sector's middle half▲ 0.8pp96.2%above the sector's middle half▼ 0.1pp
Current ratio51.82above the sector's middle half
Return on assets (ROA)-1.1%below the sector's middle half▲ 6.0pp-5.2%below the sector's middle half▼ 4.0pp-2.9%below the sector's middle half▲ 2.3pp-7.5%below the sector's middle half▼ 4.7pp0.8%below the sector's middle half▲ 8.3pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0Operating result 2020: -€6,013-€6,013Net result 2020: -€1,344-€1,344Operating result 2021: -€9,784-€9,784Net result 2021: -€5,923-€5,923Operating result 2022: -€6,973-€6,973Net result 2022: -€3,184-€3,184Operating result 2023: -€8,175-€8,175Net result 2023: -€8,370-€8,370Operating result 2024: -€2,663-€2,663Net result 2024: €850€85020202021202220232024-€10,000-€7,500-€5,000-€2,500€0Operating result 2022: -€6,973-€6,970Net result 2022: -€3,184-€3,180Operating result 2023: -€8,175-€8,180Net result 2023: -€8,370-€8,370Operating result 2024: -€2,663-€2,660Net result 2024: €850€850202220232024
The operating result stays negative: a loss of €2,663 in 2024 against €8,175 in 2023; the loss shrinks.
Balance-sheet composition
Equity and liabilities €111,951
Equity €107,656
Provisions €4,176
Debt €119
Debt finances 0.1% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00
ROE
0.8%▲
2023 · -7.8%
Debt ≤ 1 year
€119
Income taxes
€451▼
2023 · €747
A ratio outside any meaningful range has been withheld (balance sheet total €111,951, equity €107,656).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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 · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€110,982€111,951▲
Current assets29/58€110,982€111,951▲
Amounts receivable within one year40/41€4,345€66,602▲
Trade receivables40€154-
Other amounts receivable41€4,191€66,602▲
Cash at bank and in hand54/58€106,637€45,349▼
Equity and liabilities
Total equity and liabilities10/49€110,982€111,951▲
Equity10/15€106,805€107,656▲
Contributions10/11€18,592€18,592=
Reserves13€6,948€6,948=
Non-distributable reserves130/1€6,948€6,948=
Reserves not available under the articles1311€6,948€6,948=
Profit (loss) carried forward14€81,265€82,116▲
Provisions and deferred taxes16€4,177€4,176=
Provisions for liabilities and charges160/5€4,177€4,176=
Other liabilities and charges164/5€4,177€4,176=
Amounts payable17/49-€119
Amounts payable within one year42/48-€119
Trade debts44-€119
Suppliers440/4-€119
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61-€2,557
Other operating charges640/8€214€106▼
Gross operating margin9900-€7,961-€2,557▲
Operating profit (loss)9901-€8,175-€2,663▲
Financial income75/76B€552€3,964▲
Recurring financial income75€552€3,964▲
Profit (loss) for the period before taxes9903-€7,623€1,301▲
Income taxes67/77€747€451▼
Profit (loss) for the period9904-€8,370€850▲
Profit (loss) for the period to be appropriated9905-€8,370€850▲
Appropriation of the result
Profit (loss) to be appropriated9906€81,265€82,116▲
Profit (loss) brought forward from the previous period14P€89,635€81,266▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€4,899-----
Goods, raw materials, services and sundry goods60/61----€2,557-
Other operating charges640/8-€392€533€214€106▼ 50.5%
Gross operating margin9900-€5,747-€9,392-€6,440-€7,961-€2,557▲ 67.9%
Operating profit (loss)9901-€6,013-€9,784-€6,973-€8,175-€2,663▲ 67.4%
Financial income75/76B-€4,209€4,137€552€3,964▲ 618%
Recurring financial income75-€4,209€4,137€552€3,964▲ 618%
Non-recurring financial income76B-€4,209€4,137---
Profit (loss) for the period before taxes9903-€997-€5,575-€2,836-€7,623€1,301▲ 117%
Income taxes67/77€348€348€348€747€451▼ 39.6%
Profit (loss) for the period9904-€1,344-€5,923-€3,184-€8,370€850▲ 110%
Profit (loss) for the period to be appropriated9905-€1,344-€5,923-€3,184-€8,370€850▲ 110%
Line20202021202220232024Change
Assets
Total assets20/58€119,719€114,836€110,259€110,982€111,951▲ 0.9%
Current assets29/58€119,719€114,836€110,259€110,982€111,951▲ 0.9%
Amounts receivable after more than one year29--€69,933---
Trade receivables290--€178---
Other amounts receivable291--€69,755---
Amounts receivable within one year40/41€72,738€70,711-€4,345€66,602▲ 1,433%
Trade receivables40-€978-€154--
Other amounts receivable41-€69,733-€4,191€66,602▲ 1,489%
Cash at bank and in hand54/58€46,885€44,125€40,326€106,637€45,349▼ 57.5%
Equity and liabilities
Total equity and liabilities10/49€119,719€114,836€110,259€110,982€111,951▲ 0.9%
Equity10/15€114,367€108,443€105,259€106,805€107,656▲ 0.8%
Contributions10/11€8,676€8,676€8,676€18,592€18,592=
Capital10-€8,676€8,676---
Issued capital100-€18,592€18,592---
Uncalled capital101-€9,916€9,916---
Reserves13€6,948€6,948€6,948€6,948€6,948=
Non-distributable reserves130/1-€6,948€6,948€6,948€6,948=
Legal reserve130-€6,948€6,948---
Reserves not available under the articles1311---€6,948€6,948=
Profit (loss) carried forward14€98,742€92,819€89,635€81,265€82,116▲ 1.0%
Provisions and deferred taxes16€4,176€4,177€4,175€4,177€4,176=
Provisions for liabilities and charges160/5-€4,177€4,175€4,177€4,176=
Other liabilities and charges164/5-€4,177€4,175€4,177€4,176=
Amounts payable17/49€1,176€2,216€825-€119-
Amounts payable within one year42/48€1,176€2,216€825-€119-
Trade debts44€1,176€2,216€825-€119-
Suppliers440/4-€2,216€825-€119-
Line20202021202220232024Change
Profit (loss) for the period9904-€1,344-€5,923-€3,184-€8,370€850▲ 110%
Operating cash flow (approximation)-€1,344-€5,923-€3,184-€8,370€850▲ 110%
Change in cash--€2,760-€3,799€66,311-€61,288▼ 192%

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

Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
20-06
KBO administration UBO non-compliance
event 09-06-2025
11-04
KBO administration UBO non-compliance
event 31-03-2025
2024
31-12
Financial Back to profitnet €850
Net result €850 after 6 loss-making years.
24-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 133.65
Current ratio from 51.82 to 133.65; short-term debt falls from €2,216 to €825.
07-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
28-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial Liquidity times 20current ratio 101.78
Current ratio from 5.21 to 101.78; short-term debt falls from €28,509 to €1,176.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial Weakest financial yearnet -€10,603
Net result drops to -€10,603, the lowest in the series; recovery starts the following year.
Show earlier events
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
306 m²
Building footprint
129 m²
Volume, LiDAR
1,295 m³
Parcel 46014A1263/00F003, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEDA
Oude-Bruglaan 112, 9160 LokerenNACE 7230001
since 19912.034.383.275
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A1263/00F003 Flanders 306 m² 1 · 129 m² 13.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 2,264 companies in sector 69209 we hold annual accounts for 1,101. 849 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-11-1986
Fiscal year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.