STEDO
ActiveSTEDO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €3k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 44% of 1983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+6
Solvency67▲+5
Growth60=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.35 in 2024; short-term debt: 19.9% and cash: 0% of total assets), and 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 90
Relative position
BE, all sectors
reference
Sector 90
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
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
42.1%
Return on assets
1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
41 d late
2022
31 d late
2021
30 d late
2020
52 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€59k▼ 2.2%
2019 · €60k
2018: €62k
2019: €60k
2018 → 2020
EBIT margin
22.9%▼ 17.8pp
2019 · 40.7%
2018: -5.6%
2019: 40.7%
2018 → 2020
Net result
€3k
2024 · €-2k
2018: €-11k
2019: €17k
2020: €12k
2021: €2k
2022: €-22k
2023: €7k
2024: €-2k
2018 → 2025
Working capital
€247▼ 98.1%
2024 · €13k
2018: €17k
2019: €32k
2020: €34k
2021: €27k
2022: €3k
2023: €9k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€76k▼ 22.3%€83k▲ 9.3%€81k▼ 2.3%€84k▲ 3.5%
Operating result€10k-€-17k€13k€5k▼ 60.0%€9k▲ 66.5%
Net result€2k-€-22k€7k€-2k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 67% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€159k▼ 4.6%
Current assets
€40k▼ 19.1%
Equity and liabilities €199k
Equity
€84k▲ 3.5%
Debt
€115k▼ 14.7%
The debt ratio falls from 62.5% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €19k
Cash flow
€11k▼
2024 · €12k
Solvency
42.1%▲
2024 · 37.5%
Current ratio
1.01▼
2024 · 1.35
Quick ratio
1.01▼
2024 · 1.35
Debt / equity
1.37▼
2024 · 1.67
ROE
3.4%▲
2024 · -2.4%
ROA
1.4%▲
2024 · -0.9%
Interest coverage
2.70▲
2024 · 2.34
Debt
€115k▼
2024 · €135k
Debt ≤ 1 year
€40k▲
2024 · €37k
Debt > 1 year
€76k▼
2024 · €99k
Income taxes
€2k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€216k€199k▼
Fixed assets21/28€167k€159k▼
Tangible fixed assets22/27€167k€159k▼
Land and buildings22€167k€159k▼
Current assets29/58€49k€40k▼
Amounts receivable within one year40/41€48k€40k▼
Trade receivables40€9k€2k▼
Other amounts receivable41€39k€38k▼
Cash at bank and in hand54/58€14€48▲
Deferred charges and accrued income490/1€934-
Equity and liabilities
Total equity and liabilities10/49€216k€199k▼
Equity10/15€81k€84k▲
Contributions10/11€6k€6k=
Reserves13€16k€16k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€59k€62k▲
Amounts payable17/49€135k€115k▼
Amounts payable after more than one year17€99k€76k▼
Financial debts170/4€99k€76k▼
Amounts payable within one year42/48€37k€40k▲
Current portion of amounts payable after more than one year42€23k€25k▲
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€8k▼
Other operating charges640/8€451€937▲
Gross operating margin9900€20k€18k▼
Operating profit (loss)9901€5k€9k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€-582€5k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-2k€3k▲
Profit (loss) for the period to be appropriated9905€-2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€62k▲
Profit (loss) brought forward from the previous period14P€61k€59k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-22k ▼1231%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Paliseul · 1 establishment unit since 2006
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.
Rue du Lavis, Fays 96856 PaliseulGround area
1,300 m²
Building footprint
268 m²
Volume, LiDAR
1,654 m³
Parcel 84019C0583/00C000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stedo sprl
since 20062.158.532.387
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84019C0583/00C000 | Wallonia | 1,300 m² | 1 · 268 m² | 9.1 m · 2 fl. |
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.
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Of 8,303 companies in sector 90201 we hold annual accounts for 601. 481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-11-2006
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
92311
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.