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Steelandt Bouw

Active
Private limited companyfounded 20223 years activeProvincieweg 121, 8470 Gistel, BelgiumKBO/BCE: BE 0792.391.515
Summary

Steelandt Bouw has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,681 and a net result of -€2,866. Equity is shrinking by ~109.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 22% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Floor and wall tiling
NACE 43331
1 site
Size
€48,946total assets 2025
Equity
€9,681
Loss
-€2,866
Turnover not published (abridged schema)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 18 days early0 of 1 deed read
Why 67- Founded in 2022- Equity €9,681 (19.8% of total assets)+ Liquidity: current ratio 0.90, cash €25,461+ Figures for FY 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 45+10
equity 19.8% of total assets
Liquidity 56+22
short-term debt 80.2% · cash 52.0%
Profitability 25+25
return on assets -5.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 1.9%▼ -0.1 percentage points vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.0%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 1.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.5%▲ +0.6 percentage points vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.6%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 2.3%▼ -0.4 percentage points vs 05-2026 07-2026: 2.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▼ -1.6 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.7 in 2024; short-term debt: 80.2% and cash: 52% of total assets), and 80.2% of the assets are financed with debt.
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 43, micro): better than 21% on solvency, 53% on liquidity, 15% on profitability and 17% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 0.90, cash €25,461
NBB · annual accounts
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Equity €9,681 (19.8% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 13-07-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€2,866
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
18 days early
2024
19 days early
2023
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€24,543

Key points

  • Caution: Among the weakest 17% on equitysector median €57,612 · 34,006 companies €9,681 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€2,866 View
  • Total assets 20253 fiscal years filed €48,946 View

By topic

Financials

Fiscal year
2025
Total assets
€48,946
Loss
-€2,866
Solvency
19.8%
Total assets▼ 59.1%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 01-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Floor and wall tilingNACE 43331
Founded
12-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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