STEELTECH SERVICES
ActiveSTEELTECH SERVICES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273k and a net result of €40k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 9384 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency100▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 4.35 against 2.44 in 2024), and 23% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
77%
Return on assets
11.2%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
5 d early
2021
1 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€434k
EBIT margin
6.3%
Net result
€40k▼ 62.3%
2024 · €105k
2019: €15k
2020: €13k
2021: €-32k
2022: €-2k
2023: €102k
2024: €105k
2019 → 2025
Working capital
€272k▲ 17.0%
2024 · €233k
2019: €48k
2020: €46k
2021: €23k
2022: €28k
2023: €136k
2024: €233k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€35k▼ 5.3%€136k▲ 295%€233k▲ 71.2%€273k▲ 17.0%
Operating result€-30k-€518€137k▲ 26,327%€142k▲ 3.5%€55k▼ 61.2%
Net result€-32k-€-2k▲ 94.1%€102k€105k▲ 3.3%€40k▼ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €354k
Fixed assets
€870=
Current assets
€354k▼ 10.3%
Equity and liabilities €354k
Equity
€273k▲ 17.0%
Debt
€82k▼ 49.6%
The debt ratio falls from 41.0% to 23.0%: equity grows while debt is paid down.
Key figures and ratios
Solvency
77.0%▲
2024 · 59.0%
Current ratio
4.35▲
2024 · 2.44
Quick ratio
4.35▲
2024 · 2.44
Debt / equity
0.30▼
2024 · 0.69
ROE
14.5%▼
2024 · 45.1%
ROA
11.2%▼
2024 · 26.6%
Debt
€82k▼
2024 · €162k
Debt ≤ 1 year
€81k▼
2024 · €162k
Income taxes
€17k▼
2024 · €40k
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€395k€354k▼
Fixed assets21/28€870€870=
Financial fixed assets28€870€870=
Current assets29/58€394k€354k▼
Amounts receivable within one year40/41€339k€236k▼
Trade receivables40€207k€182k▼
Other amounts receivable41€132k€54k▼
Cash at bank and in hand54/58€55k€118k▲
Deferred charges and accrued income490/1€81€84▲
Equity and liabilities
Total equity and liabilities10/49€395k€354k▼
Equity10/15€233k€273k▲
Contributions10/11€0-
Reserves13€233k€273k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€233k€273k▲
Amounts payable17/49€162k€82k▼
Amounts payable within one year42/48€162k€81k▼
Trade debts44€116k€25k▼
Suppliers440/4€116k€25k▼
Taxes, remuneration and social security45€40k€57k▲
Taxes450/3€40k€57k▲
Remuneration and social security454/9€78€0▼
Other amounts payable47/48€6k€0▼
Accrued charges and deferred income492/3€384€384=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€6k€616▼
Gross operating margin9900€148k€56k▼
Operating profit (loss)9901€142k€55k▼
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€925€2k▲
Recurring financial charges65€925€2k▲
Profit (loss) for the period before taxes9903€145k€56k▼
Income taxes67/77€40k€17k▼
Profit (loss) for the period9904€105k€40k▼
Profit (loss) for the period to be appropriated9905€105k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€40k▼
Transfer to equity691/2€105k€40k▼
To other reserves6921€105k€40k▼
The notes to these accounts (10 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €105k ▲3.3%
Operating result €142k, net result €105k, both a record.
30-06
Financial
Equity above €200kEq €233k ▲71.2%
2 profitable years in a row build equity to €233k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €102k
Net result €102k after 2 loss-making years.
30-06
Financial
Equity above €100kEq €136k ▲295%
Equity rises from €35k to €136k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-06
Financial
Weakest financial yearnet €-32k ▼351%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-07-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Spa · 1 establishment unit since 1990
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.
Balmoral 29/14900 SpaGround area
7,087 m²
Building footprint
874 m²
Volume, LiDAR
15,874 m³
Parcel 63072L0819/00R003, Wallonia · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Balmoral 29/1, 4900 Spa
since 19902.050.726.389
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072L0819/00R003 | Wallonia | 7,087 m² | 1 · 874 m² | 21.0 m · 6 fl. |
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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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ARPES
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Of 11,505 companies in sector 71121 we hold annual accounts for 6,525. 4,906 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-1990
Fiscal year end30-06
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.