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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 has been growing by about 21% per year since 2018. Its solvency ranks better than 26% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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STEEN ELEKTRICITEITActiveChecked score 83/100
Risk analysis ReportCompare

Overview

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

Board and ownership

Board
and 3 other directors
Shareholders
Board & ownership

Financial position

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 filed 175 days before the deadline
Filed on 06-02-2026PDF
Financials
Score breakdownraises riskLiquidity: current ratio 1.55, cash €567,8821 of the last 3 accounts 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 stronger than 47% of small companies in specialised construction (NACE 43)
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 within 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 is ample, with a current ratio of 1.55 (1.37 in 2024), above the usual 1.5. Short-term debt is 56.2% and cash 4.2% of total assets. However, 75.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 29% of them 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.55, cash €567,882
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 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

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

Searched, nothing found (2)
neutral · 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
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

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

Annual accounts at the NBB

All 25 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about STEEN ELEKTRICITEIT

What is the company number of STEEN ELEKTRICITEIT?
The company number of STEEN ELEKTRICITEIT is 0473.582.209. The VAT number is the same 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?
The legal form of STEEN ELEKTRICITEIT is Public limited company (NV).
When was STEEN ELEKTRICITEIT founded?
STEEN ELEKTRICITEIT was 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?
STEEN ELEKTRICITEIT had an average of 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STEEN ELEKTRICITEIT?
The turnover in financial year 2025 is ≈ €7.4m. This figure is estimated from the gross margin of €2.7m and 31 comparable companies (NACE 432). It probably lies between €5.8m and €9.2m.
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?
STEEN ELEKTRICITEIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to STEEN ELEKTRICITEIT

Comparable companies

These companies have the same main activity as STEEN ELEKTRICITEIT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €6.9m and €13m, founded between 1987 and 2004.

CompanyTotal assetsGross margin
STEEN ELEKTRICITEIT Zedelgem€13.4m€2.7m
FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS Herentals€13.1m€2.9m
ETS GOFFLOT JANNY Neufchâteau€9.0m€2.3m
ELECTRO TAELMAN Kortrijk€9.0m€1.7m
ALARMES COQUELET Colfontaine€8.0m€2.9m
AL TECNO La Louvière€9.3m€2.0m
VAN DRIESSCHE ALGEMENE ELEKTRICITEITSWERKEN Aalter€6.9m€2.2m
Full comparison

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check

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