STEDEBA
ActiveSummary
STEDEBA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,853 and a net result of €34,273. Equity is growing by ~47.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-2
Solvency75▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.01 in 2024; short-term debt: 45.1% and cash: 41% of total assets), and 49.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
11.6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
27 d late
2022
on the day
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€148,853▲ 28.8%
2024 · €115,580
Total assets
€295,187▲ 19.3%
2024 · €247,445
Net result
€34,273▲ 8.7%
2024 · €31,529
Working capital
€15,390▲ 1,622%
2024 · €894
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,099€45,013▲ 104%€43,816▼ 2.7%€47,233▲ 7.8%€50,576▲ 7.1%
Net result€17,435€30,662▲ 75.9%€30,964▲ 1.0%€31,529▲ 1.8%€34,273▲ 8.7%
Equity€22,424▲ 0.6%€53,086▲ 137%€84,051▲ 58.3%€115,580▲ 37.5%€148,853▲ 28.8%
Total assets€79,463▲ 121%€91,198▲ 14.8%€201,280▲ 121%€247,445▲ 22.9%€295,187▲ 19.3%
Debt€57,038▲ 319%€38,112▼ 33.2%€117,230▲ 208%€131,865▲ 12.5%€146,334▲ 11.0%
Working capital€8,036▼ 65.2%€52,476▲ 553%-€54,738€894€15,390▲ 1,622%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295,187
Fixed assets
€146,692 ▲ 22.1%
Current assets
€148,495 ▲ 16.7%
Equity and liabilities €295,187
Equity
€148,853 ▲ 28.8%
Debt
€146,334 ▲ 11.0%
Debt's share of the balance-sheet total falls from 53.3% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93,293▲
2024 · €76,710
Cash flow
€76,990▲
2024 · €61,006
Current ratio
1.12▲
2024 · 1.01
Quick ratio
1.08▲
2024 · 0.97
Debt to equity
0.98▼
2024 · 1.14
ROE
23.0%▼
2024 · 27.3%
ROA
11.6%▼
2024 · 12.7%
Interest coverage
55.13▲
2024 · 26.46
Debt ≤ 1 year
€133,105▲
2024 · €126,365
Debt > 1 year
€13,229
Income taxes
€14,890▲
2024 · €12,902
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 34,672 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,533 | €842 | €17,787 | €29,476 | €42,717 | ▲ 44.9% |
| Other operating charges640/8 | - | €559 | €956 | €2,060 | €2,972 | ▲ 44.3% |
| Gross operating margin9900 | €24,514 | €46,415 | €62,559 | €78,770 | €96,265 | ▲ 22.2% |
| Operating profit (loss)9901 | €22,099 | €45,013 | €43,816 | €47,233 | €50,576 | ▲ 7.1% |
| Financial income75/76B | - | - | €9 | €98 | €279 | ▲ 186% |
| Recurring financial income75 | €103 | - | €9 | €98 | €279 | ▲ 186% |
| Financial charges65/66B | - | €1,698 | €225 | €2,899 | €1,692 | ▼ 41.6% |
| Recurring financial charges65 | €110 | €192 | €225 | €2,899 | €1,692 | ▼ 41.6% |
| Non-recurring financial charges66B | - | €1,506 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €22,092 | €43,315 | €43,599 | €44,432 | €49,163 | ▲ 10.6% |
| Income taxes67/77 | €4,657 | €12,653 | €12,635 | €12,902 | €14,890 | ▲ 15.4% |
| Profit (loss) for the period9904 | €17,435 | €30,662 | €30,964 | €31,529 | €34,273 | ▲ 8.7% |
| Profit (loss) for the period to be appropriated9905 | €17,435 | €30,662 | €30,964 | €31,529 | €34,273 | ▲ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,463 | €91,198 | €201,280 | €247,445 | €295,187 | ▲ 19.3% |
| Fixed assets21/28 | €15,388 | €1,610 | €141,789 | €120,186 | €146,692 | ▲ 22.1% |
| Intangible fixed assets21 | - | - | €38,005 | €31,982 | €28,207 | ▼ 11.8% |
| Tangible fixed assets22/27 | €15,388 | €1,610 | €103,783 | €83,404 | €113,685 | ▲ 36.3% |
| Plant, machinery and equipment23 | - | - | €32,416 | €25,550 | €18,684 | ▼ 26.9% |
| Furniture and vehicles24 | - | €1,610 | €64,710 | €50,998 | €89,859 | ▲ 76.2% |
| Other tangible fixed assets26 | - | - | €6,657 | €6,856 | €5,142 | ▼ 25.0% |
| Financial fixed assets28 | - | - | - | €4,800 | €4,800 | = |
| Current assets29/58 | €64,074 | €89,588 | €59,491 | €127,259 | €148,495 | ▲ 16.7% |
| Stocks and contracts in progress3 | - | - | €6,616 | €5,097 | €5,239 | ▲ 2.8% |
| Stocks30/36 | - | - | €6,616 | €5,097 | €5,239 | ▲ 2.8% |
| Amounts receivable within one year40/41 | €16,757 | €18,256 | €21,179 | €49,490 | €18,234 | ▼ 63.2% |
| Trade receivables40 | - | €17,850 | €21,179 | €49,490 | €18,234 | ▼ 63.2% |
| Other amounts receivable41 | - | €405 | - | - | - | - |
| Cash at bank and in hand54/58 | €41,519 | €71,332 | €30,444 | €70,807 | €121,150 | ▲ 71.1% |
| Deferred charges and accrued income490/1 | - | - | €1,252 | €1,865 | €3,872 | ▲ 108% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,463 | €91,198 | €201,280 | €247,445 | €295,187 | ▲ 19.3% |
| Equity10/15 | €22,424 | €53,086 | €84,051 | €115,580 | €148,853 | ▲ 28.8% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €16,224 | €46,886 | €77,851 | €109,380 | €142,653 | ▲ 30.4% |
| Distributable reserves133 | - | €46,886 | €77,851 | €109,380 | €142,653 | ▲ 30.4% |
| Amounts payable17/49 | €57,038 | €38,112 | €117,230 | €131,865 | €146,334 | ▲ 11.0% |
| Amounts payable after more than one year17 | - | - | - | - | €13,229 | - |
| Financial debts170/4 | - | - | - | - | €13,229 | - |
| Amounts payable within one year42/48 | €56,038 | €37,112 | €114,230 | €126,365 | €133,105 | ▲ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €4,813 | - |
| Trade debts44 | €2,055 | €1,429 | €20,865 | €24,487 | €24,625 | ▲ 0.6% |
| Suppliers440/4 | - | €1,429 | €20,865 | €24,487 | €24,625 | ▲ 0.6% |
| Taxes, remuneration and social security45 | - | €11,618 | €21,271 | €22,346 | €21,721 | ▼ 2.8% |
| Taxes450/3 | - | €11,618 | €21,271 | €22,346 | €21,721 | ▼ 2.8% |
| Other amounts payable47/48 | - | €24,065 | €72,094 | €79,533 | €81,946 | ▲ 3.0% |
| Accrued charges and deferred income492/3 | - | €1,000 | €3,000 | €5,500 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,435 | €30,662 | €30,964 | €31,529 | €34,273 | ▲ 8.7% |
| + Depreciation and write-downs630 | €1,533 | €842 | €17,787 | €29,476 | €42,717 | ▲ 44.9% |
| Operating cash flow (approximation) | €18,968 | €31,504 | €48,751 | €61,006 | €76,990 | ▲ 26.2% |
| Investment in fixed assets (approximation) | - | €12,936 | -€157,966 | -€7,874 | -€69,223 | ▼ 779% |
| Change in cash | - | €29,814 | -€40,888 | €40,363 | €50,342 | ▲ 24.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €34,273 ▲8.7%
Operating result €50,576, net result €34,273, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Equity above €100,000Eq €115,580 ▲37.5%
4 profitable years in a row build equity to €115,580.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity doublescurrent ratio 2.41
Current ratio from 1.14 to 2.41; short-term debt falls from €56,038 to €37,112.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €17,435
Net result €17,435 after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€5,869
Net result drops to -€5,869, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Zele · 2 establishment units since 2013
Ground area
2,383 m²
Building footprint
505 m²
Volume, LiDAR
2,946 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Ringenhof 10, 9240 Zele
since 20132.225.052.910
Goesting
since 20232.344.058.547
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B1112/00P000 | Flanders | 1,493 m² | 1 · 299 m² | 10.5 m · 2 fl. |
| 42028B0702/00M000 | Flanders | 890 m² | 1 · 206 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZele2.344.058.547
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2013
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
74209Other photographic activities
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540730161
Registered
15-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.