Financials
- Financial year
- 2025
- Total assets
- €34,598
- Profit
- €3,106
- Solvency
- 17.6%
Total assets▲ 797%
Net result
20242025
STEEL DESIGN
ActiveSummary
The computed 12-month bankruptcy probability of STEEL DESIGN is 2.3% (moderate). The 2025 annual accounts show equity of €6,106 and a net result of €3,106. Its solvency ranks better than 22% of 2,303 sector peers (NACE 25, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€34,598total assets 2025
- Equity
- €6,106
- Profit
- €3,106
Turnover not published (micro format)
Structure
Accounts filed 30 days late
Why 54raises riskFounded in 2024Size: total assets €34,598Latest accounts 30 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 0.83, cash €6,615Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Average
Solvency
43-57
equity 17.6% of total assets
Liquidity
51-41
short-term debt 46.2% · cash 19.1%
Profitability
80+43
return on assets 9.0%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.8%
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026lowest value
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.5 percentage points vs 07-2026
09-2026: 2.3%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 2.3%● unchanged vs 09-2026
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 20% on solvency, 47% on liquidity, 63% on profitability and 93% on growth.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2303 sector peers (2025).
NBB · sector comparisonPosition among 2303 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
30 days late
2024
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 45 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €3,106
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-07-2027
- 24-12-2024Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Founded
- 20-12-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 23
- Who signs
- Each director alone
- Purpose
- “La ferronnerie sous toutes ses formes; Installations de portes électriques et autres…” (deed in French)
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