STEDUCA
ActiveSummary
STEDUCA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €21k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+5
Solvency93▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 3.2 in 2024; short-term debt: 20.8% and cash: 38.9% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
68.1%
Return on assets
6.3%
Age of the figures
12 mo
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 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
44 d early
2023
on the day
2022
3 d early
2021
47 d early
2020
23 d early
2019
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▼ 2.3%
2024 · €229k
2018: €101klowest in 8 years
2019: €120k▲ +19.3% vs 2018
2020: €131k▲ +9.3% vs 2019
2021: €160k▲ +22.1% vs 2020
2022: €192k▲ +20.2% vs 2021
2023: €220k▲ +14.4% vs 2022
2024: €229k▲ +4.0% vs 2023highest in 8 years
2025: €224k▼ -2.3% vs 2024
2018 → 2025
Total assets
€329k▼ 5.6%
2024 · €348k
2018: €301klowest in 8 years
2019: €322k▲ +7.3% vs 2018
2020: €324k▲ +0.6% vs 2019
2021: €334k▲ +2.8% vs 2020
2022: €355k▲ +6.4% vs 2021
2023: €410k▲ +15.5% vs 2022highest in 8 years
2024: €348k▼ -15.1% vs 2023
2025: €329k▼ -5.6% vs 2024
2018 → 2025
Net result
€21k▲ 131%
2024 · €9k
2018: €-184klowest in 8 years
2019: €34k▲ +118% vs 2018
2020: €25k▼ -24.4% vs 2019
2021: €36k▲ +42.0% vs 2020highest in 8 years
2022: €32k▼ -10.7% vs 2021
2023: €28k▼ -14.2% vs 2022
2024: €9k▼ -67.8% vs 2023
2025: €21k▲ +131% vs 2024
2018 → 2025
Working capital
€115k▼ 8.0%
2024 · €126k
2018: €59k
2019: €70k▲ +18.5% vs 2018
2020: €72k▲ +3.7% vs 2019
2021: €46k▼ -36.6% vs 2020lowest in 8 years
2022: €84k▲ +83.7% vs 2021
2023: €131k▲ +55.9% vs 2022highest in 8 years
2024: €126k▼ -4.3% vs 2023
2025: €115k▼ -8.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€192k▲ 20.2%€220k▲ 14.4%€229k▲ 4.0%€224k▼ 2.3%
2021: €160klowest in 5 years
2022: €192k▲ +20.2% vs 2021
2023: €220k▲ +14.4% vs 2022
2024: €229k▲ +4.0% vs 2023highest in 5 years
2025: €224k▼ -2.3% vs 2024
Operating result€52k-€57k▲ 10.3%€44k▼ 24.0%€21k▼ 52.5%€36k▲ 73.0%
2021: €52k
2022: €57k▲ +10.3% vs 2021highest in 5 years
2023: €44k▼ -24.0% vs 2022
2024: €21k▼ -52.5% vs 2023lowest in 5 years
2025: €36k▲ +73.0% vs 2024
Net result€36k-€32k▼ 10.7%€28k▼ 14.2%€9k▼ 67.8%€21k▲ 131%
2021: €36khighest in 5 years
2022: €32k▼ -10.7% vs 2021
2023: €28k▼ -14.2% vs 2022
2024: €9k▼ -67.8% vs 2023lowest in 5 years
2025: €21k▲ +131% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 73% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€145k ▼ 12.6%
Current assets
€184k ▲ 0.8%
Equity and liabilities €329k
Equity
€224k ▼ 2.3%
Debt
€105k ▼ 11.9%
Debt's share of the balance-sheet total falls from 34.2% to 31.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €41k
Cash flow
€43k▲
2024 · €29k
Current ratio
2.69▼
2024 · 3.20
Debt to equity
0.47▼
2024 · 0.52
ROE
9.2%▲
2024 · 3.9%
ROA
6.3%▲
2024 · 2.6%
Interest coverage
17.38▲
2024 · 9.28
Debt ≤ 1 year
€68k▲
2024 · €57k
Debt > 1 year
€35k▼
2024 · €62k
Income taxes
€12k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€348k€329k▼
Fixed assets21/28€166k€145k▼
Tangible fixed assets22/27€166k€145k▼
Land and buildings22€58k€51k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€8k€7k▼
Leasing and similar rights25€97k€85k▼
Current assets29/58€183k€184k▲
Amounts receivable within one year40/41€48k€44k▼
Trade receivables40€48k€44k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€113k€128k▲
Deferred charges and accrued income490/1€22k€12k▼
Equity and liabilities
Total equity and liabilities10/49€348k€329k▼
Equity10/15€229k€224k▼
Contributions10/11€19k€19k=
Reserves13€211k€205k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€193k€188k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€119k€105k▼
Amounts payable after more than one year17€62k€35k▼
Financial debts170/4€55k€35k▼
Other amounts payable178/9€7k€519▼
Amounts payable within one year42/48€57k€68k▲
Current portion of amounts payable after more than one year42€27k€30k▲
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€17k€20k▲
Taxes450/3€15k€20k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€3k€13k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€44k€60k▲
Operating profit (loss)9901€21k€36k▲
Financial income75/76B€204€395▲
Recurring financial income75€204€395▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€16k€33k▲
Income taxes67/77€8k€12k▲
Profit (loss) for the period9904€9k€21k▲
Profit (loss) for the period to be appropriated9905€9k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€21k▲
Transfer from equity791/2-€26k
Transfer to equity691/2€9k€21k▲
To other reserves6921€9k€21k▲
Profit to be distributed694/7-€26k
Return on contributions (dividend)694-€26k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €28k | €20k | €20k | €22k | ▲ 9.3% |
| Other operating charges640/8 | - | €2k | €10k | €3k | €2k | ▼ 43.7% |
| Gross operating margin9900 | €76k | €87k | €73k | €44k | €60k | ▲ 35.3% |
| Operating profit (loss)9901 | €52k | €57k | €44k | €21k | €36k | ▲ 73.0% |
| Financial income75/76B | - | €128 | €13 | €204 | €395 | ▲ 94.1% |
| Recurring financial income75 | €389 | €128 | €13 | €204 | €395 | ▲ 94.1% |
| Financial charges65/66B | - | €12k | €3k | €4k | €3k | ▼ 24.5% |
| Recurring financial charges65 | €2k | €12k | €3k | €4k | €3k | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €51k | €46k | €40k | €16k | €33k | ▲ 99.5% |
| Income taxes67/77 | €15k | €14k | €13k | €8k | €12k | ▲ 61.9% |
| Profit (loss) for the period9904 | €36k | €32k | €28k | €9k | €21k | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €36k | €32k | €28k | €9k | €21k | ▲ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334k | €355k | €410k | €348k | €329k | ▼ 5.6% |
| Fixed assets21/28 | €226k | €221k | €177k | €166k | €145k | ▼ 12.6% |
| Tangible fixed assets22/27 | €226k | €221k | €177k | €166k | €145k | ▼ 12.6% |
| Land and buildings22 | - | €61k | €65k | €58k | €51k | ▼ 11.7% |
| Plant, machinery and equipment23 | - | €9 | €9 | €3k | €2k | ▼ 33.2% |
| Furniture and vehicles24 | - | €39k | €3k | €8k | €7k | ▼ 13.4% |
| Leasing and similar rights25 | - | €121k | €109k | €97k | €85k | ▼ 12.5% |
| Current assets29/58 | €107k | €134k | €233k | €183k | €184k | ▲ 0.8% |
| Amounts receivable within one year40/41 | €23k | €21k | €72k | €48k | €44k | ▼ 9.1% |
| Trade receivables40 | - | €20k | €71k | €48k | €44k | ▼ 9.1% |
| Other amounts receivable41 | - | €331 | €331 | €0 | - | - |
| Cash at bank and in hand54/58 | €81k | €110k | €135k | €113k | €128k | ▲ 13.4% |
| Deferred charges and accrued income490/1 | - | €4k | €27k | €22k | €12k | ▼ 42.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334k | €355k | €410k | €348k | €329k | ▼ 5.6% |
| Equity10/15 | €160k | €192k | €220k | €229k | €224k | ▼ 2.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €142k | €174k | €202k | €211k | €205k | ▼ 2.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €16k | €16k | €16k | €16k | = |
| Distributable reserves133 | - | €156k | €184k | €193k | €188k | ▼ 2.7% |
| Profit (loss) carried forward14 | - | €0 | - | - | €0 | - |
| Amounts payable17/49 | €173k | €163k | €190k | €119k | €105k | ▼ 11.9% |
| Amounts payable after more than one year17 | €112k | €113k | €88k | €62k | €35k | ▼ 43.3% |
| Financial debts170/4 | - | €94k | €75k | €55k | €35k | ▼ 37.3% |
| Other amounts payable178/9 | - | €19k | €13k | €7k | €519 | ▼ 92.2% |
| Amounts payable within one year42/48 | €61k | €50k | €102k | €57k | €68k | ▲ 20.1% |
| Current portion of amounts payable after more than one year42 | - | €24k | €25k | €27k | €30k | ▲ 9.6% |
| Trade debts44 | €18k | €508 | €41k | €10k | €5k | ▼ 47.8% |
| Suppliers440/4 | - | €508 | €41k | €10k | €5k | ▼ 47.8% |
| Taxes, remuneration and social security45 | - | €18k | €31k | €17k | €20k | ▲ 18.7% |
| Taxes450/3 | - | €18k | €30k | €15k | €20k | ▲ 36.7% |
| Remuneration and social security454/9 | - | €0 | €1k | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €8k | €4k | €3k | €13k | ▲ 363% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €32k | €28k | €9k | €21k | ▲ 131% |
| + Depreciation and write-downs630 | €22k | €28k | €20k | €20k | €22k | ▲ 9.3% |
| Operating cash flow (approximation) | €58k | €61k | €48k | €29k | €43k | ▲ 46.4% |
| Investment in fixed assets (approximation) | - | €-23k | €24k | €-9k | €-1k | ▲ 84.2% |
| Change in cash | - | €28k | €25k | €-22k | €15k | ▲ 168% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200kEq €220k ▲14.4%
5 profitable years in a row build equity to €220k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €36k ▲42%
Net result €36k, the highest in the series.
30-09
Financial
Equity above €150kEq €160k ▲22.1%
3 profitable years in a row build equity to €160k.
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2005
Ground area
182 m²
Building footprint
92 m²
Volume, LiDAR
815 m³
Parcel 11303C0174/00C004, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEDUCA
since 20052.151.208.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0174/00C004 | Flanders | 182 m² | 1 · 92 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 227 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 227 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,372 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-2005
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
85510Sports and recreation education
Contact
E-mail
frank.stevens@steduca.be
Phone
0476/300365Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.