Skip to content
Checked.be
Complete company report
Generated 04-08-2026
Active BE 0772.395.558Private limited company

STEDEC M

Wateringstraat 1 ·8433 Middelkerke, Belgium· 4 yrs active
Sector: Financial services (64210)
Conclusion Checked

STEDEC M is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €26k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 1209 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €26k
Net result €17k
Better than sector 55%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency96Growth78Stability94
74 / 100

Strong profile, led by profitability.

Health 0
Profitability 100
Solvency 96
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview5 NBB filings
Annual accounts filed on 13-05-2026 with the NBB · fiscal year 2025 · micro
€0€10k€20k€30kOperating result 2021: €19k€19kNet result 2021: €15k€15kOperating result 2022: €35k€35kNet result 2022: €25k€25kOperating result 2023: €19k€19kNet result 2023: €14k€14kOperating result 2024: €29k€29kNet result 2024: €21k€21kOperating result 2025: €26k€26kNet result 2025: €17k€17k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~55% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€20k€40k€60k2021: €20k2022: €45k2023: €60k2024: €9k2025: €26k20212022202320242025
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 64, Financial services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 52.8% 47.4%
better than 55% of 1209 sector peers
Net result €17k €43k
better than 29% of 1208 sector peers
Equity €26k €85k
better than 26% of 1209 sector peers
Gross operating margin €27k €70k
better than 24% of 1205 sector peers
Total assets €49k €211k
better than 10% of 1209 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€17k
-18.9% far above sector median
Total assets
€49k
-22.3% -86% vs sector
Equity
€26k
+195.8% -89% vs sector
Income taxes
€7k
-6.6% far above sector median
Dividends
€0
-100.0% -100% vs sector
Debt
€23k
-57.4% -4% vs sector
Debt ≤ 1y
€23k
-57.4% -4% vs sector
Solvency
52.8%
+280.4% -40% vs sector
ROE
66.2%
-72.6% far above sector median
ROA
34.9%
+4.3% far above sector median
Figures by fiscal year
Fiscal year2025
Revenuen/a
EBITDAn/a
Net profit€17k
Cash flown/a
Staff costs-
Income taxes€7k
Dividends€0
Total assets€49k
Equity€26k
Debt€23k
of which ≤ 1y€23k
of which > 1y-
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2025
Current ration/a
Quick ration/a
Working capital ration/a
Solvency52.8%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA34.9%
ROE66.2%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€49k
Fixed assets 21/28€858
Tangible fixed assets 22/27€858
Current assets 29/58€48k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€49k
Equity 10/15€26k
Contributions / capital 10/11€5k
Reserves 13€21k
Accumulated profits (losses) 14€0
Amounts payable 17/49€23k
Amounts payable within one year 42/48€23k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€27k
Operating result 9901€26k
Financial income 75€848
Financial charges 65€3k
Result before taxes 9903€24k
Income taxes 67/77€7k
Net result for the period 9904€17k
Result to be appropriated 9905€17k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Private limited company(610)
Incorporation09-08-2021
StatusActive
Postal code8433
Establishment units 1 location
STEDEC M
Wateringstraat 1, 8433 MiddelkerkeHoldings
since 20212.320.478.342
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35018A0457/00L000 Flanders 1,573 m² 1 · 195 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
31-07-2026
State Gazette act Verified v1
Act object · General meeting · Officer appointment · Permanent representative
13-05-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
14-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
29-03-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
10-03-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
30-05-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 days ago
2026
31-07-2026 Act object · General meeting · Officer appointment · Permanent representative Open-capture extraction
  • Act object: Benoeming (gedelegeerd) bestuurders - machten · DIEMA'S BOERENBROOD
  • Publication: 31/07/2026 · DIEMA'S BOERENBROOD
  • Filing: 23/07/2026 · DIEMA'S BOERENBROOD
  • General meeting: 30/04/2026 · DIEMA'S BOERENBROOD
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · STEDEC M
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · DESEM
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · PAIN D'ALUCÉ
  • Officer appointment: role: gedelegeerd bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · STEDEC M
  • Officer appointment: role: gedelegeerd bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · DESEM
  • Officer appointment: role: gedelegeerd bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · DIEMAS INVEST
  • Officer appointment: role: gedelegeerd bestuurder, term: onbepaalde duur, start_date: 2026-05-01 · PAIN D'ALUCÉ
  • Permanent representative · Emmanuel DECLERCQ
  • Permanent representative · Olivier DECLERCQ
  • Permanent representative · Aline DECLERCQ
  • Permanent representative · Celine DECLERCQ
Summary: Act object · General meeting · Officer appointment · Permanent representative
Technical details 
{
  "facts": [
    {
      "type": "act_object",
      "quote": "Onderwerp akte: Benoeming (gedelegeerd) bestuurders - machten",
      "value": "Benoeming (gedelegeerd) bestuurders - machten",
      "object": null,
      "subject": "e1"
    },
    {
      "date": "2026-07-31",
      "type": "publication",
      "quote": "Bijlagen bij het Belgisch Staatsblad - 31/07/2026",
      "value": "31/07/2026",
      "object": null,
      "subject": "e1"
    },
    {
      "date": "2026-07-23",
      "type": "filing",
      "quote": "NEERLEGGING TER GRIHFIa VAN DE ONDERNEMINGSRECHTBANK GENT afdeling VEURNE 23 JULI 2026",
      "value": "23/07/2026",
      "object": null,
      "subject": "e1"
    },
    {
      "date": "2026-04-30",
      "type": "general_meeting",
      "quote": "Uit het uittreksel uit de notulen van de bijzondere algemene vergadering en het college van bestuurders de dato 30 april 2026",
      "value": "30/04/2026",
      "object": null,
      "subject": "e1"
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot bijkomende bestuurder binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026, van: -De besloten vennootschap \u0022STEDEC M\u0022",
      "value": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e2",
      "_value_raw": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot bijkomende bestuurder binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026, van: -De besloten vennootschap \u0022DESEM\u0022",
      "value": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e4",
      "_value_raw": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot bijkomende bestuurder binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026, van: -De besloten vennootschap \u0022PAIN D\u0027ALUC\u00C9\u0022",
      "value": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e6",
      "_value_raw": {
        "role": "bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot gedelegeerd bestuurder (i.e. het gelasten met dagelijks bestuur) binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026: -De besloten vennootschap \u0022STEDEC M\u0022",
      "value": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e2",
      "_value_raw": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot gedelegeerd bestuurder (i.e. het gelasten met dagelijks bestuur) binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026: -De besloten vennootschap \u0022DESEM\u0022",
      "value": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e4",
      "_value_raw": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot gedelegeerd bestuurder (i.e. het gelasten met dagelijks bestuur) binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026: -De besloten vennootschap \u0022DIEMAS INVEST\u0022",
      "value": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e8",
      "_value_raw": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "date": "2026-05-01",
      "type": "officer_appointment",
      "quote": "De benoeming tot gedelegeerd bestuurder (i.e. het gelasten met dagelijks bestuur) binnen de vennootschap, voor een periode van onbepaalde duur, met ingang van 1 mei 2026: -De besloten vennootschap \u0022PAIN D\u0027ALUC\u00C9\u0022",
      "value": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "2026-05-01"
      },
      "object": "e1",
      "subject": "e6",
      "_value_raw": {
        "role": "gedelegeerd bestuurder",
        "term": "onbepaalde duur",
        "start_date": "01/05/2026"
      }
    },
    {
      "type": "permanent_representative",
      "quote": "vertegenwoordigd door haar vaste vertegenwoordiger, de heer Emmanuel DECLERCQ",
      "value": null,
      "object": "e2",
      "subject": "e3"
    },
    {
      "type": "permanent_representative",
      "quote": "vertegenwoordigd door haar vaste vertegenwoordiger, de heer Olivier DECLERCQ",
      "value": null,
      "object": "e4",
      "subject": "e5"
    },
    {
      "type": "permanent_representative",
      "quote": "met als vaste vertegenwoordiger, mevrouw Aline DECLERCQ",
      "value": null,
      "object": "e6",
      "subject": "e7"
    },
    {
      "type": "permanent_representative",
      "quote": "vertegenwoordigd door haar vaste vertegenwoordiger, mevrouw Celine DECLERCQ",
      "value": null,
      "object": "e8",
      "subject": "e9"
    }
  ],
  "act_meta": {
    "outcome": "clean",
    "model_id": 50,
    "verified": true,
    "extractor": "verified-v1",
    "ocr_chars": 5308,
    "truncated": false
  },
  "entities": [
    {
      "id": "e1",
      "kbo": "0453.538.346",
      "kind": "company",
      "name": "DIEMA\u0027S BOERENBROOD",
      "attrs": {
        "seat": "8620 Nieuwpoort, Toevluchtweg 2A",
        "legal_form": "Besloten vennootschap"
      }
    },
    {
      "id": "e2",
      "kbo": "0772.395.558",
      "kind": "company",
      "name": "STEDEC M",
      "attrs": {
        "seat": "8433 Middelkerke, Wateringstraat 1",
        "legal_form": "Besloten vennootschap"
      }
    },
    {
      "id": "e3",
      "kbo": null,
      "kind": "person",
      "name": "Emmanuel DECLERCQ",
      "attrs": {
        "address": "8433 Middelkerke, Wateringstraat 1"
      }
    },
    {
      "id": "e4",
      "kbo": "0772.394.568",
      "kind": "company",
      "name": "DESEM",
      "attrs": {
        "seat": "8430 Middelkerke, Westendelaan 160",
        "legal_form": "Besloten vennootschap"
      }
    },
    {
      "id": "e5",
      "kbo": null,
      "kind": "person",
      "name": "Olivier DECLERCQ",
      "attrs": {
        "address": "8430 Middelkerke, Westendelaan 160"
      }
    },
    {
      "id": "e6",
      "kbo": "1037.382.534",
      "kind": "company",
      "name": "PAIN D\u0027ALUC\u00C9",
      "attrs": {
        "seat": "8570 Anzegem, Bosstraat 10",
        "legal_form": "Besloten vennootschap"
      }
    },
    {
      "id": "e7",
      "kbo": null,
      "kind": "person",
      "name": "Aline DECLERCQ",
      "attrs": {
        "address": "8570 Anzegem, Bosstraat 10"
      }
    },
    {
      "id": "e8",
      "kbo": "0774.434.736",
      "kind": "company",
      "name": "DIEMAS INVEST",
      "attrs": {
        "seat": "8620 Nieuwpoort, Toevluchtweg 2A",
        "legal_form": "Besloten vennootschap"
      }
    },
    {
      "id": "e9",
      "kbo": null,
      "kind": "person",
      "name": "Celine DECLERCQ",
      "attrs": {
        "address": "8620 Nieuwpoort, Oude Veurnevaart 17"
      }
    },
    {
      "id": "e10",
      "kbo": null,
      "kind": "person",
      "name": "Paul DECLERCQ",
      "attrs": {}
    },
    {
      "id": "e11",
      "kbo": null,
      "kind": "person",
      "name": "Evelyne DIERINCK",
      "attrs": {}
    }
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100
Primary activity highlighted.
Names & trade names
Legal nameNL STEDEC M
Registered office
Wateringstraat 1
8433 Middelkerke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
Lim Toe Invest & Co BE 0408.246.472 · Brussel
INTERNATIONAL BUSINESS CONSULTANTS BE 0423.709.658 · Herentals
IMMO HANSSENS BE 0429.672.287 · Oostende
T.P.J. BE 0428.750.688 · Genk
IMMO MOERMAN BE 0428.945.480 · Gent
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative