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STEEL DYNAMICS

Active
Private limited companyfounded 2025active for 1 yearBischoffsheimlaan 39, 1000 Brussel, Belgium430 active companies are registered at this addressKBO/BCE: BE 1023.261.116
Summary

STEEL DYNAMICS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,758 and a net result of €9,758. Its solvency ranks better than 47% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€27,232total assets 2025
Equity
€11,758
Profit
€9,758
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
2025 accounts filed 29 days late
Why 69raises riskFounded in 2025Size: total assets €27,232Last filed accounts filed 29 days latelowers riskLiquidity: current ratio 1.68, cash €10,244Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 70% of its sector peers (NACE 25, micro)
Financial strength
Strong
Solvency 68
equity 43.2% of total assets
Liquidity 68
short-term debt 56.8% · cash 37.6%
Profitability 100
return on assets 35.8%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)
Last 24 months 06-2026: 1.9% 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.0%● unchanged vs 07-2026highest value 09-2026: 0.9%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.68, above the usual 1.5; short-term debt: 56.8% and cash: 37.6% of total assets), but 56.8% of the assets are financed with debt and provisions.
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 47% on solvency, 68% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €27,232
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.68, cash €10,244
NBB · annual accounts
raises risk · Last filed accounts filed 29 days late
NBB · filings
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 1 filing
Deviation from the deadline
2025
29 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: ISTRATE Marius Catalin (director)…

Key points

  • Caution: Among the weakest 8% on equitysector median €441,307 · 1,238 companies €11,758 View
  • Founded 17 months agofounded 13-05-2025 17 months View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€27,232
Profit
€9,758
Solvency
43.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
13-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about STEEL DYNAMICS

What is the company number of STEEL DYNAMICS?
1023.261.116. In Belgium the VAT number is the company number with BE in front: BE 1023.261.116.
Where is STEEL DYNAMICS based?
The registered office is at Bischoffsheimlaan 39, 1000 Brussel.Company details
What does STEEL DYNAMICS do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of STEEL DYNAMICS?
Private limited company (BV).
When was STEEL DYNAMICS founded?
On 13-05-2025.
Is STEEL DYNAMICS still active?
Yes, STEEL DYNAMICS is an active enterprise in the KBO register.
What is the turnover of STEEL DYNAMICS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is STEEL DYNAMICS profitable?
In financial year 2025, STEEL DYNAMICS made a profit of €9,758.
Where can I find the annual accounts of STEEL DYNAMICS?
STEEL DYNAMICS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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