STEEL TECHNICS
ActiveSTEEL TECHNICS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356k and a net result of €136k. Equity is growing by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+9
Solvency58▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.22 in 2024; short-term debt: 51.1% and cash: 13.3% of total assets), but 67.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
32.5%
Return on assets
12.5%
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 29-01-2026, 91 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
91 d early
2024
167 d early
2023
155 d early
2021
31 d late
2020
36 d early
2019
2 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
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€566k
EBIT margin
1.5%
Net result
€136k▲ 209%
2024 · €44k
2019: €4k
2020: €20k
2021: €20k
2023: €119k
2024: €44k
2019 → 2025
Working capital
€477k▲ 209%
2024 · €154k
2019: €65k
2020: €52k
2021: €41k
2023: €110k
2024: €154k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€36k-€56k▲ 55.4%€175k▲ 211%€219k▲ 25.3%€356k▲ 62.3%
Operating result€24k-€29k▲ 20.1%€173k▲ 498%€79k▼ 54.4%€215k▲ 172%
Net result€20k-€20k▲ 1.2%€119k▲ 491%€44k▼ 62.7%€136k▲ 209%
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 172% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€58k▼ 9.9%
Current assets
€1.03M▲ 22.5%
Equity and liabilities €1.09M
Equity
€356k▲ 62.3%
Debt
€737k▲ 6.9%
The debt ratio falls from 75.9% to 67.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€236k▲
2024 · €101k
Cash flow
€158k▲
2024 · €66k
Solvency
32.5%▲
2024 · 24.1%
Current ratio
1.85▲
2024 · 1.22
Quick ratio
0.67▲
2024 · 0.31
Debt / equity
2.07▼
2024 · 3.15
ROE
38.4%▲
2024 · 20.2%
ROA
12.5%▲
2024 · 4.9%
Interest coverage
38.28▲
2024 · 6.00
Debt
€737k▲
2024 · €690k
Debt ≤ 1 year
€558k▼
2024 · €690k
Debt > 1 year
€179k
Income taxes
€72k▲
2024 · €18k
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€909k€1.09M▲
Fixed assets21/28€65k€58k▼
Tangible fixed assets22/27€65k€58k▼
Plant, machinery and equipment23€22k€19k▼
Furniture and vehicles24€24k€23k▼
Other tangible fixed assets26€18k€16k▼
Financial fixed assets28€30€30=
Current assets29/58€844k€1.03M▲
Stocks and contracts in progress3€634k€662k▲
Stocks30/36€634k€662k▲
Amounts receivable within one year40/41€157k€226k▲
Trade receivables40€157k€226k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€53k€146k▲
Equity and liabilities
Total equity and liabilities10/49€909k€1.09M▲
Equity10/15€219k€356k▲
Contributions10/11€12k€12k=
Reserves13€206k€342k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€204k€340k▲
Profit (loss) carried forward14€697€942▲
Amounts payable17/49€690k€737k▲
Amounts payable after more than one year17-€179k
Financial debts170/4-€179k
Amounts payable within one year42/48€690k€558k▼
Current portion of amounts payable after more than one year42€50k€32k▼
Trade debts44€608k€398k▼
Suppliers440/4€608k€398k▼
Taxes, remuneration and social security45€29k€122k▲
Taxes450/3€29k€122k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k€8k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€123k€245k▲
Operating profit (loss)9901€79k€215k▲
Financial income75/76B€38€205▲
Recurring financial income75€38€205▲
Financial charges65/66B€17k€6k▼
Recurring financial charges65€17k€6k▼
Profit (loss) for the period before taxes9903€62k€209k▲
Income taxes67/77€18k€72k▲
Profit (loss) for the period9904€44k€136k▲
Profit (loss) for the period to be appropriated9905€44k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€137k▲
Profit (loss) brought forward from the previous period14P€600€697▲
Transfer to equity691/2€44k€136k▲
To other reserves6921€44k€136k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2019net €136k ▲209%
Operating result €215k, net result €136k, both a record.
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Equity above €200kEq €219k ▲25.3%
5 profitable years in a row build equity to €219k.
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-09
Financial
Equity above €150kEq €175k ▲211%
4 profitable years in a row build equity to €175k.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waasmunster · 1 establishment unit since 2018
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.
Malpertuus 79250 WaasmunsterGround area
513 m²
Building footprint
116 m²
Volume, LiDAR
2 m³
Parcel 42023B0734/00P000, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
1 establishment unit
STEEL TECHNICS
since 20182.281.968.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0734/00P000 | Flanders | 513 m² | 1 · 116 m² | 1.0 m |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 864 EUR awarded · 864 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 864 EUR | 864 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SD-Staal
BE 0712.744.023
Malle · Eq €355k
MEDIXBEL
BE 0466.049.564
Liège · Eq €355k
PEGARD PRODUCTICS
BE 0452.816.091
Andenne · Eq €356k
L en D Jet Techniek
BE 0452.651.389
Diest · Eq €357k
HOMET
BE 0872.376.230
Izegem · Eq €354k
Of 3,463 companies in sector 25530 we hold annual accounts for 1,658. 1,335 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2018
Fiscal year end30-09
Activities, NACEBEL
25530Machining of metals
47120Other non-specialised retail sale
47521Retail sale of hardware, building materials, paint and glass (general range)
47910Retail trade
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.