STEEN ELEKTRICITEIT

Active

Public limited companyfounded 2000active for 25 yearsDe Arend 5, 8210 Zedelgem, BelgiumKBO/BCE: BE 0473.582.209

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

STEEN ELEKTRICITEIT has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €871,184. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 26% of 9,865 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

STEEN ELEKTRICITEITActiveChecked score 83/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 21-12-2000 Normal situation
Legal form: Public limited company
Registered office: De Arend 5, 8210 Zedelgem
Activity: General electrical installation work NACE 43211and 6 others
Establishment unit: 2.101.206.080 8210 Zedelgem, since 12-02-2001
Financial year end: 31 December
Peppol: Reachable since 20-11-2020

Company details

Who decides

Board

FRINGLOOSManaging director · permanent representative STEEN,Laurens Daniel Roger
Geert SteenManaging director
Ria DegrauweManaging director
STEEN,Geert Leo AlfonsManaging director

and 3 other directors

Shareholders

STEEN & VDK TECHNIEKEN100%annual accounts 2025

Board & ownership

How it is doing

83 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Annual accounts 2025

Gross margin: €2.7m; ▲ 2.7%
Turnover: ≈ €7.4m; estimated
Profit: €871,184; ▲ 8.3%
Equity: €3.3m; ▲ 20.6%
Total assets: €13.4m; ▼ 13.4%
Staff: 17 FTE; ▼ 8.6%

2025 accounts 175 days early

Filed on 06-02-2026PDF

Financials

Why 83raises riskLiquidity: current ratio 1.55, cash €567,8821 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 2000Show the evidence

Checked score

Score 2025

83 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 47% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 50+7

equity 24.9% of total assets

Liquidity 26+5

short-term debt 56.2% · cash 4.2%

Profitability 77+2

return on assets 6.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.7%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.9%● unchanged vs 08-2025highest value 10-2025: 0.9%● unchanged vs 09-2025highest value 11-2025: 0.9%● unchanged vs 10-2025highest value 12-2025: 0.9%● unchanged vs 11-2025highest value 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.4%▼ -0.5 percentage points vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €270,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.55, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 56.2% and cash: 4.2% of total assets), but 75.1% 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 43, small): better than 29% on solvency, 19% on liquidity, 63% on profitability and 77% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskneutral

Liquidity: current ratio 1.55, cash €567,882

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2000

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-02-2026, 175 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

175 days early

2024

23 days early

2023

91 days late

2022

52 days early

2021

78 days late

2020

1 day early

2019

53 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 8 July (4 of the last 5 filed years within 115 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Largest company by total assets in Zedelgem, Construction sectorin the Checked rankings No. 1 View
Positive: 8 profitable years in a rowprofit 2025: €871,184 8 years View
Flemish supportawarded from 2023 to 2025 €290,566 View

Documents

Key facts about STEEN ELEKTRICITEIT

What is the company number of STEEN ELEKTRICITEIT?: 0473.582.209. In Belgium the VAT number is the company number with BE in front: BE 0473.582.209.
Where is STEEN ELEKTRICITEIT based?: The registered office is at De Arend 5, 8210 Zedelgem.Company details
What does STEEN ELEKTRICITEIT do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of STEEN ELEKTRICITEIT?: Public limited company (NV).
When was STEEN ELEKTRICITEIT founded?: On 21-12-2000.
Is STEEN ELEKTRICITEIT still active?: Yes, STEEN ELEKTRICITEIT is an active enterprise in the KBO register.
How many employees does STEEN ELEKTRICITEIT have?: On average 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STEEN ELEKTRICITEIT?: ≈ €7.4m in financial year 2025. Estimated from the gross margin of €2.7m: probably between €5.8m and €9.2m, based on 31 comparable companies, NACE 432.
Is STEEN ELEKTRICITEIT profitable?: In financial year 2025, STEEN ELEKTRICITEIT made a profit of €871,184.
Where can I find the annual accounts of STEEN ELEKTRICITEIT?: STEEN ELEKTRICITEIT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of STEEN ELEKTRICITEIT due?: By 31-07-2027, for financial year 2026.Timeline