STEDEM
ActiveSTEDEM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126k and a net result of €10k. Equity is shrinking by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +29 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▲+39
Solvency99▲+2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 4.62 in 2023), and 39.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
31 d early
2021
31 d early
2020
89 d late
2019
80 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€126k▲ 8.4%
2023 · €116k
2018: €426k
2019: €362k
2020: €262k
2021: €142k
2022: €132k
2023: €116k
2018 → 2024
Total assets
€209k▼ 0.5%
2023 · €210k
2018: €430k
2019: €363k
2020: €264k
2021: €208k
2022: €186k
2023: €210k
2018 → 2024
Net result
€10k
2023 · €-16k
2018: €-50k
2019: €-64k
2020: €-40k
2021: €26k
2022: €18k
2023: €-16k
2018 → 2024
Working capital
€99k▲ 6.2%
2023 · €93k
2018: €279k
2019: €251k
2020: €182k
2021: €77k
2022: €97k
2023: €93k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€262k-€142k▼ 45.9%€132k▼ 6.9%€116k▼ 11.8%€126k▲ 8.4%
Operating result€-50k-€15k€21k▲ 36.9%€-14k€13k
Net result€-40k-€26k€18k▼ 29.0%€-16k€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €14k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209k
Fixed assets
€72k▼ 21.3%
Current assets
€137k▲ 15.5%
Equity and liabilities €209k
Equity
€126k▲ 8.4%
Debt
€83k▼ 11.5%
The debt ratio falls from 44.5% to 39.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€38k▲
2023 · €2k
Cash flow
€35k▲
2023 · €900
Solvency
60.4%▲
2023 · 55.5%
Current ratio
3.57▼
2023 · 4.62
Quick ratio
3.57▼
2023 · 4.62
Debt / equity
0.66▼
2023 · 0.80
ROE
7.7%▲
2023 · -13.4%
ROA
4.7%▲
2023 · -7.4%
Interest coverage
15.55▲
2023 · 1.91
Debt
€83k▼
2023 · €93k
Debt ≤ 1 year
€38k▲
2023 · €26k
Debt > 1 year
€44k▼
2023 · €68k
Income taxes
€1k▲
2023 · €368
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€210k€209k▼
Fixed assets21/28€91k€72k▼
Tangible fixed assets22/27€91k€72k▼
Land and buildings22€2k-
Furniture and vehicles24€87k€68k▼
Other tangible fixed assets26€3k€4k▲
Current assets29/58€119k€137k▲
Amounts receivable within one year40/41€35k€36k▲
Trade receivables40€33k€36k▲
Other amounts receivable41€2k-
Current investments50/53€61k€78k▲
Cash at bank and in hand54/58€19k€19k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€210k€209k▼
Equity10/15€116k€126k▲
Contributions10/11€12k€12k=
Reserves13€103k€112k▲
Distributable reserves133€103k€112k▲
Profit (loss) carried forward14€947€2k▲
Amounts payable17/49€93k€83k▼
Amounts payable after more than one year17€68k€44k▼
Financial debts170/4€68k€44k▼
Amounts payable within one year42/48€26k€38k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€348€6k▲
Taxes450/3€348€6k▲
Other amounts payable47/48€42€4k▲
Accrued charges and deferred income492/3€0€0=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€25k▲
Other operating charges640/8€2k€943▼
Gross operating margin9900€4k€39k▲
Operating profit (loss)9901€-14k€13k▲
Financial income75/76B€317€254▼
Recurring financial income75€317€254▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-15k€11k▲
Income taxes67/77€368€1k▲
Profit (loss) for the period9904€-16k€10k▲
Profit (loss) for the period to be appropriated9905€-16k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€11k▲
Profit (loss) brought forward from the previous period14P€5k€947▼
Transfer from equity791/2€12k-
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €26k
Net result €26k after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 188.55
Current ratio from 69.19 to 188.55; short-term debt falls from €4k to €1k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Eghezée · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin de Merdorp,Branchon 175310 EghezéeGround area
1,416 m²
Building footprint
118 m²
Parcel 92023A0080/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
STEDEM
since 20042.135.364.235
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92023A0080/00H000 | Wallonia | 1,416 m² | 1 · 118 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
RAINBOW
BE 1000.754.344
Liège · Eq €126k
Duggan Associates
BE 0545.950.840
Leuven · Eq €126k
MKB-ADVISEURS
BE 0438.516.412
Hasselt · Eq €126k
ADF Management
BE 0749.497.422
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VEDA
BE 0682.464.086
Tessenderlo-Ham · Eq €126k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.