Equity
€43,242 from €339,952 in 2024
Equity fell by 87% in 1 year.
STEDCON
Lifetime
10 annual accounts with figures on one time axispeak €434,261 (2023)
€237,161▼ 43.0%
lowest -€2,316 (2016)
€103,290▼ 58.3%
peak €339,952 (2024)
€43,242▼ 87.3%
€1.8m▲ 27.4%
Board2 names since 2015
2 directorsVERVLOET Edwin Jozef Celine and 1 other
Documentsfilings and deeds
04-05-20264 days late
2025abbreviated format
Gross margin from €416,415 to €237,161Result from €247,830 to €103,290Dividend €400,000Equity from €339,952 to €43,242Debts from €1.4m to €1.8mInvestments €279,055
Key points
from the 2025 annual accountsTurnover
≈ €840,000 estimated
The accounts state no turnover.
Debts
€1.8m 98% of the balance sheet
Financial debts 52%Suppliers 1%Taxes and wages 7%Other 40%
Of this, €1.1m falls due within a year.
Investments
€300,055 7.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 39.6% higher than in 2024.
Liquidity
0.84 was 1.58 in 2024
Short-term debts rose from €686,894 to €1.1m.
Position in the sector
2.4%
Lower solvency than 87% of companies in construction of buildings. Sector median 38.6% · 2,816 companies.
2025 accounts filed 4 days after the deadline
Checked score
79
Excellent
Financially stronger than 23% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%▼ -0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.3%▼ -0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 0.5%▼ -0.2 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €43,242 (2.4% of total assets)
lowers risk
Size: total assets €1.8m
Figures for financial year 2025 (filed on 04-05-2026)
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 41, micro). It does better than 13% of them on solvency, 21% on liquidity, 53% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
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, 536 companies had the same profile as STEDCON has now. Each dot stands for 2 companies, two years later.
95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of STEDCON itself: 0.5% within 12 months.
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 536 companies, not a prediction for STEDCON. 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 €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (1.58 in 2024), below 1. Short-term debt is 61% and cash 5.8% of total assets. 97.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 2816 sector peers (2025).
NBB · sector comparisonPosition among 2816 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 days late
2024
1 day early
2023
32 days early
2022
39 days early
2021
11 days early
2020
78 days early
2019
38 days early
← 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 28 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 April (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
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0627912573
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Kontich
Environmental permit refused
Verwijderen van vrijstaande gebouwen · Kontich
Change of role: VERVLOET Edwin Jozef Celine, from statutory manager and director to director
Appointment: MOLKENS Steven (director) · Director discharge: VERVLOET Edwin Jozef Celine · General meeting of 30-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STEDCON Kontich | €1.8m | €237,161 | 2.4% | - |
| ZAFIR TOTAAL PROJECTEN Antwerp | €1.8m | €245,551 | 25.4% | 2 |
| B2B Business Mechelen | €2.2m | €266,472 | 7.0% | - |
| KAIVERS.S Andenne | €1.7m | €231,016 | -3.5% | 2.1 |
| PLAN 21 Dilsen-Stokkem | €1.7m | €228,953 | 24.5% | 2 |
| ENGIGAS Pajottegem | €1.7m | €202,694 | 33.7% | - |
| 3B Constructions et Toitures Lens (Hainaut) | €2.1m | €262,308 | -3.6% | - |
These companies have the same main activity as STEDCON: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.7m and €2.2m, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 03-04-2015Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.241.246.7622550 Kontich, since 03-04-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 17-10-2025
Insights on STEDCON
STEDCON files the abbreviated format. That format states no turnover. The gross margin rose from €27,147 in 2016 to €237,161 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 STEDCON
- What is the company number of STEDCON?
- The company number of STEDCON is 0627.912.573. The VAT number is the same number with BE in front: BE 0627.912.573.
- Where is STEDCON based?
- The registered office is at Reepkenslei 88, 2550 Kontich.Company details
- What does STEDCON do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of STEDCON?
- STEDCON is a private limited company (BV).
- When was STEDCON founded?
- STEDCON was founded on 03-04-2015.
- Is STEDCON still active?
- Yes, STEDCON is an active enterprise in the KBO register.
- What is the turnover of STEDCON?
- The turnover in financial year 2025 is ≈ €840,000. This figure is estimated from the gross margin of €237,161 and 126 comparable companies (NACE 41001). It probably lies between €570,000 and €1.3m.Financials
- Is STEDCON profitable?
- In financial year 2025, STEDCON made a profit of €103,290.
- Where can I find the annual accounts of STEDCON?
- STEDCON filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEDCON due?
- STEDCON must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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