Stedor
ActiveStedor has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-2k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-34
Solvency46▼-32
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 2.45 in 2024; short-term debt: 77% and cash: 7.6% of total assets), and 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
-0.7%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
16 d early
2023
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▼ 3.4%
2024 · €52k
2023: €36k
2024: €52k
2023 → 2025
Total assets
€243k▲ 148%
2024 · €98k
2023: €227k
2024: €98k
2023 → 2025
Net result
€-2k
2024 · €15k
2023: €-6k
2024: €15k
2023 → 2025
Working capital
€52k▼ 6.0%
2024 · €55k
2023: €32k
2024: €55k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€52k▲ 42.0%€50k▼ 3.4%
Operating result€2k-€33k▲ 1,432%€6k▼ 82.9%
Net result€-6k-€15k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€4k▼ 22.3%
Current assets
€239k▲ 158%
Equity and liabilities €243k
Equity
€50k▼ 3.4%
Debt
€193k▲ 316%
The debt ratio rises from 47.3% to 79.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €36k
Cash flow
€804▼
2024 · €18k
Solvency
20.6%▼
2024 · 52.7%
Current ratio
1.28▼
2024 · 2.45
Quick ratio
0.21▼
2024 · 2.45
Debt / equity
3.86▲
2024 · 0.90
ROE
-3.5%▼
2024 · 29.6%
ROA
-0.7%▼
2024 · 15.6%
Interest coverage
1.35▼
2024 · 2.92
Debt
€193k▲
2024 · €46k
Debt ≤ 1 year
€187k▲
2024 · €38k
Income taxes
€1k▼
2024 · €5k
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€98k€243k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€93k€239k▲
Stocks and contracts in progress3€0€200k▲
Stocks30/36-€200k
Contracts in progress37€0-
Amounts receivable within one year40/41€10k€18k▲
Trade receivables40€8k€18k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€81k€19k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€98k€243k▲
Equity10/15€52k€50k▼
Contributions10/11€5k€5k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€31k€30k▼
Amounts payable17/49€46k€193k▲
Amounts payable within one year42/48€38k€187k▲
Trade debts44€633€4k▲
Suppliers440/4€633€4k▲
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€26k€179k▲
Accrued charges and deferred income492/3€9k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€37k€10k▼
Operating profit (loss)9901€33k€6k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€12k€6k▼
Recurring financial charges65€12k€6k▼
Profit (loss) for the period before taxes9903€21k€-452▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€15k€-2k▼
Profit (loss) for the period to be appropriated9905€15k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€30k▼
Profit (loss) brought forward from the previous period14P€31k€31k=
Transfer to equity691/2€15k€0▼
To other reserves6921€15k€0▼
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.45
Current ratio from 1.17 to 2.45; short-term debt falls from €186k to €38k.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Pittem · 1 establishment unit since 2015
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.
Fonteinestraat 378740 PittemGround area
867 m²
Building footprint
248 m²
Volume, LiDAR
1,186 m³
Parcel 37011D0198/00W004, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stedor
since 20152.238.845.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011D0198/00W004 | Flanders | 867 m² | 1 · 248 m² | 7.0 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.
Similar companies · same sector, comparable size
FIBO CONSTRUCT
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ALGEMENE BOUWWERKEN JAN PAELINCKX
BE 0678.933.583
Wuustwezel · Eq €50k
VISION COULEUR
BE 0766.996.618
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ENTREPRISE MEO.F
BE 0764.434.333
La Louvière · Eq €50k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,039. 13,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2015
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43211General electrical installation work
43221Plumbing work
43320Joinery installation
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.