Equity
-€74,585
Debts exceed assets in financial year 2025.
STEDA MANAGEMENT
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1996peak €42,654 (2017)
€23,844▲ 10.3%
lowest -€68,319 (2019)
€16,328▲ 12.7%
peak €4,296 (2016)
-€74,585▲ €16,328
€161,451▼ 0.3%
Board1 name since 2021
1 directorPICKMAN DANIELE
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Equity from -€90,913 to -€74,585Cash from €51,752 to €31,859
Key points
from the 2025 annual accountsTurnover
≈ €94,000 estimated
The accounts state no turnover.
Debts
€161,451 186% of the balance sheet
Financial debts 1%Suppliers 3%Taxes and wages 4%Other 93%
Filings
29 annual accounts since 1996
Ten of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.
At the same address
92 companies
Position in the sector
-85.9%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 52.4% · 10,858 companies.
Checked score
55
Fair
Financially stronger than 37% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025highest value
10-2025: 0.2%▼ -0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%▼ -0.1 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€74,585
lowers risk
Size: total assets €86,866
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.54, cash €31,859
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 3% of them on solvency, 26% on liquidity, 53% on profitability and 65% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 3,794 companies had the same profile as STEDA MANAGEMENT has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STEDA MANAGEMENT itself is lower: 0.2% within 12 months. It rests on far more data about STEDA MANAGEMENT than the profile alone.
Test of the method
The method was tested on the 497,448 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 3,794 companies, not a prediction for STEDA MANAGEMENT. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.44 in 2024), below 1. Short-term debt is 185.9% and cash 36.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 10858 sector peers (2025).
NBB · sector comparisonPosition among 10858 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
27 days late
2022
31 days late
2021
30 days late
2020
30 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days after 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 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456817342
First establishment
Krokussenlaan 11, Anderlecht
Incorporation
published on 26-01-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STEDA MANAGEMENT Ixelles | €86,866 | €23,844 | -85.9% | - |
| BELRUN Ixelles | €90,447 | €23,203 | -30.5% | - |
| ESPACE FLO Schaerbeek | €74,351 | €23,768 | 31.8% | - |
| TRAVEL AND COMMUNICATION CONSULTANCY Heusden-Zolder | €88,747 | €24,380 | 94.0% | - |
| ASSOCIATIE INDI Boechout | €87,177 | €24,979 | -146.7% | - |
| INT LIVA Huy | €96,088 | €24,793 | 41.3% | - |
| CREWS ASSOCIATES Rixensart | €88,590 | €27,058 | -23.8% | - |
These companies have the same main activity as STEDA MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €74,400 and €96,100, founded between 1993 and 1999.
Official details
Source: KBO- Status
- Active since 28-12-1995Normal situation
- Registered office
- 93 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.075.198.1051070 Anderlecht, since 14-02-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on STEDA MANAGEMENT
STEDA MANAGEMENT files the abbreviated format. That format states no turnover. The gross margin rose from -€9,958 in 2006 to €23,844 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STEDA MANAGEMENT
- What is the company number of STEDA MANAGEMENT?
- The company number of STEDA MANAGEMENT is 0456.817.342. The VAT number is the same number with BE in front: BE 0456.817.342.
- Where is STEDA MANAGEMENT based?
- The registered office is at Louizalaan 390, 1050 Ixelles.Company details
- What does STEDA MANAGEMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of STEDA MANAGEMENT?
- STEDA MANAGEMENT is a private limited company (pre-2019) (BVBA).
- When was STEDA MANAGEMENT founded?
- STEDA MANAGEMENT was founded on 28-12-1995.
- Is STEDA MANAGEMENT still active?
- Yes, STEDA MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of STEDA MANAGEMENT?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €23,844 and 140 comparable companies (NACE 70200). It probably lies between €41,000 and €240,000. It is a rough estimate.Financials
- Is STEDA MANAGEMENT profitable?
- In financial year 2025, STEDA MANAGEMENT made a profit of €16,328.
- Where can I find the annual accounts of STEDA MANAGEMENT?
- STEDA MANAGEMENT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEDA MANAGEMENT due?
- STEDA MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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