STEDICOM
STEDICOM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €209k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 387 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €1.08M |
| Net result | €209k |
| Staff (FTE) | 5.1 |
| Better than sector | 68% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.0% | 39.7% | |
| Net result | €209k | €53k | |
| Equity | €1.08M | €396k | |
| Gross operating margin | €687k | €417k | |
| Staff costs | €237k | €374k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €442k | €567k | €342k | €363k |
| Net profit | €209k | €216k | €218k | €225k |
| Cash flow | €370k | €453k | €285k | €296k |
| Staff costs | €237k | €287k | €136k | - |
| Income taxes | €52k | €85k | €53k | €54k |
| Dividends | - | - | - | - |
| Total assets | €1.99M | €1.82M | €1.11M | €990k |
| Equity | €1.08M | €868k | €652k | €480k |
| Debt | €916k | €956k | €456k | €511k |
| of which ≤ 1y | €380k | €348k | €278k | €345k |
| of which > 1y | €536k | €608k | €173k | €161k |
| Working capital | €479k | €234k | €444k | €353k |
| Employees (FTE) | 5.1 | 4.4 | 3.1 | 1.9 |
| 2025 | 2024 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 2.26 | 1.67 | 2.60 | 2.03 |
| Quick ratio | 1.58 | 0.95 | 1.66 | 1.79 |
| Working capital ratio | 24.0% | 12.8% | 40.0% | 35.7% |
| Solvency | 54.0% | 47.6% | 58.9% | 48.4% |
| Debt / equity | 0.85 | 1.10 | 0.70 | 0.34 |
| Long-term debt ratio | 0.50 | 0.70 | 0.26 | 0.34 |
| Interest coverage | 21.08 | 17.72 | 48.49 | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 10.5% | 11.8% | 19.6% | 22.7% |
| ROE | 19.4% | 24.9% | 33.4% | 46.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.99M | €1.82M | €1.11M | €990k |
| Fixed assets | 21/28 | €1.13M | €1.24M | €387k | €292k |
| Tangible fixed assets | 22/27 | €1.13M | €1.24M | €387k | €292k |
| Current assets | 29/58 | €859k | €582k | €721k | €698k |
| Stocks & contracts in progress | 3 | €259k | €251k | €259k | €80k |
| Amounts receivable within one year | 40/41 | €297k | €169k | €233k | €260k |
| Cash & bank | 54/58 | €304k | €162k | €229k | €358k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.99M | €1.82M | €1.11M | €990k |
| Equity | 10/15 | €1.08M | €868k | €652k | €480k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | - |
| Reserves | 13 | €1.07M | €862k | €646k | €473k |
| Amounts payable | 17/49 | €916k | €956k | €456k | €511k |
| Amounts payable after one year | 17 | €536k | €608k | €173k | €161k |
| Amounts payable within one year | 42/48 | €380k | €348k | €278k | €345k |
| Trade debts payable within one year | 44 | €122k | €126k | €88k | €183k |
| Income statement | |||||
| Gross operating margin | 9900 | €687k | €860k | €480k | €449k |
| Operating result | 9901 | €280k | €329k | €274k | €292k |
| Financial income | 75 | €1k | €3k | €3k | €2k |
| Financial charges | 65 | €21k | €32k | €7k | €16k |
| Result before taxes | 9903 | €261k | €300k | €270k | €278k |
| Income taxes | 67/77 | €52k | €85k | €53k | €54k |
| Net result for the period | 9904 | €209k | €216k | €218k | €225k |
| Result to be appropriated | 9905 | €209k | €216k | €218k | €225k |
| NACE primary | Construction of utility projects for electricity and telecommunications(42220) |
| Legal form | Private limited company(610) |
| Incorporation | 30-01-2003 |
| Status | Active |
| Postal code | 9790 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025A0071/00F000 | Flanders | 1,529 m² | 1 · 212 m² | 8.2 m · 2 fl. |
| 45055B0003/00B004 | Flanders | 518 m² | 1 · 122 m² | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-01-2004 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Anzegem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2004-01-27",
"filing_date": "2003-09-01",
"act_kind_objet": "BENOEMING ZAAKVOERDER"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2003-09-01",
"unanimous": true
},
"agm_change": null,
"detected_kind": "officer_designation",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "zaakvoerder",
"period_start": "2003-09-01",
"remuneration_eur": null,
"remuneration_kind": "fixed",
"person_or_entity_kbo": null,
"person_or_entity_name": "Marc Claeys"
},
"subject_company": {
"kbo": "0479.417.847",
"name_full": "STEDICOM",
"legal_form": "BVBA"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Claeys Steven",
"org_rep_person_name": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad -27/01/2004- Annexes du Moniteur belge"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "zaakvoerder",
"organ": "raad_van_bestuur",
"person_name": "Marc Claeys"
},
"special_procuration": null,
"is_volet_a_only_stub": true,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | STEDICOM |