Steenacker
ActiveSummary
Steenacker has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €105,202. Equity is growing by about 5.8% per year across the filed financial years. Its solvency ranks better than 58% of 2,436 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 2 FTE
- Equity
- €1.8m
- Profit
- €105,202
- Board
- 4 members
- William SteenackerChair
- Magdalena MollaertManaging director
Why 89raises riskLiquidity: current ratio 0.53, cash €63,409Sector: Specialised construction activities (NACE 43)lowers riskSize: 2 FTE, total assets €3.8mFounded in 1993Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 52% on solvency, 25% on liquidity, 40% on profitability and 49% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 7 accounts on average 25 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)
- Reappointments: William Emiel Steenacker (director and…Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 21% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2025 Staff (FTE) -74% on 2024. The accounts now follow the full format, last year the abbreviated format.
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,500 | €2,697 | - | - | €2,621 | - |
| Remuneration, social security and pensions62 | - | - | - | €394,626 | €379,556 | €437,882 | €464,554 | €516,731 | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,211 | €85,131 | €84,634 | €104,522 | €126,269 | €163,520 | €145,230 | €152,418 | ▲ 4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €4,073 | €2,037 | ▼ 50.0% |
| Other operating charges640/8 | - | - | - | €19,462 | €28,088 | €26,563 | €42,419 | €31,475 | ▼ 25.8% |
| Non-recurring operating charges66A | - | - | - | €3,084 | €831 | - | - | - | - |
| Gross operating margin9900 | €579,613 | €607,098 | €573,720 | €609,268 | €728,055 | €799,415 | €896,215 | €892,088 | ▼ 0.5% |
| Operating profit (loss)9901 | €125,598 | €150,710 | €103,861 | €87,574 | €193,310 | €171,449 | €239,937 | €189,427 | ▼ 21.1% |
| Financial income75/76B | - | - | - | €1,362 | €1 | €1,005 | €7,989 | €4,421 | ▼ 44.7% |
| Recurring financial income75 | €6,421 | €6,305 | €2,102 | €1,362 | €1 | €1,005 | €7,989 | €4,421 | ▼ 44.7% |
| Financial charges65/66B | - | - | - | €48,097 | €47,830 | €63,179 | €63,932 | €58,310 | ▼ 8.8% |
| Recurring financial charges65 | €46,556 | €47,627 | €51,877 | €48,097 | €47,830 | €63,179 | €63,932 | €58,310 | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €85,464 | €106,088 | €54,085 | €40,839 | €145,482 | €109,276 | €183,994 | €135,539 | ▼ 26.3% |
| Income taxes67/77 | €753 | €367 | €631 | €577 | €36,760 | €29,640 | €49,213 | €30,337 | ▼ 38.4% |
| Profit (loss) for the period9904 | €84,711 | €105,720 | €53,454 | €40,262 | €108,722 | €79,636 | €134,781 | €105,202 | ▼ 21.9% |
| Profit (loss) for the period to be appropriated9905 | €84,711 | €105,720 | €53,454 | €40,262 | €108,722 | €79,636 | €134,781 | €105,202 | ▼ 21.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.9m | €3.2m | €3.1m | €3.4m | €3.6m | €3.9m | €3.6m | €3.8m | ▲ 4.8% |
| Fixed assets21/28 | €2.5m | €2.7m | €2.6m | €2.8m | €3.0m | €3.1m | €3.0m | €3.1m | ▲ 1.7% |
| Tangible fixed assets22/27 | €2.5m | €2.7m | €2.6m | €2.8m | €3.0m | €3.1m | €3.0m | €3.1m | ▲ 1.7% |
| Land and buildings22 | - | - | - | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.008m | €0.006m | €0.005m | €0.004m | ▼ 13.7% |
| Furniture and vehicles24 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 6.6% |
| Leasing and similar rights25 | - | - | - | €0.2m | €0.4m | €0.5m | €0.4m | €0.5m | ▲ 22.0% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.01m | €0.01m | €0.008m | €0.006m | ▼ 28.7% |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.3m | €0.5m | €0.4m | €0.6m | €0.7m | €0.8m | €0.6m | €0.7m | ▲ 20.8% |
| Stocks and contracts in progress3 | €0.05m | €0.05m | €0.09m | €0.09m | €0.06m | €0.05m | €0.04m | €0.05m | ▲ 16.7% |
| Stocks30/36 | - | - | - | €0.09m | €0.05m | €0.05m | €0.04m | €0.05m | ▲ 16.7% |
| Contracts in progress37 | - | - | - | - | €0.007m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.3m | €0.4m | €0.5m | €0.6m | €0.4m | €0.6m | ▲ 26.7% |
| Trade receivables40 | - | - | - | €0.4m | €0.5m | €0.6m | €0.4m | €0.5m | ▲ 18.6% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.04m | €0.09m | €0.05m | €0.1m | ▲ 85.9% |
| Cash at bank and in hand54/58 | €0.03m | €0.02m | €0.05m | €0.1m | €0.07m | €0.06m | €0.06m | €0.06m | ▲ 5.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.04m | €0.02m | €0.04m | €0.03m | ▼ 18.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.9m | €3.2m | €3.1m | €3.4m | €3.6m | €3.9m | €3.6m | €3.8m | ▲ 4.8% |
| Equity10/15 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | €1.6m | €1.7m | €1.8m | ▲ 6.1% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | ▲ 12.0% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | ▲ 12.0% |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | ▲ 12.0% |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | ▲ 14.9% |
| Amounts payable17/49 | €1.6m | €1.8m | €1.7m | €2.0m | €2.1m | €2.3m | €1.9m | €1.9m | ▲ 3.6% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | €1.0m | €0.8m | €0.6m | ▼ 17.9% |
| Financial debts170/4 | - | - | - | €0.9m | €0.9m | €1.0m | €0.8m | €0.6m | ▼ 17.9% |
| Trade debts175 | - | - | - | €0.02m | €0.007m | - | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €0.8m | €0.7m | €1.1m | €1.2m | €1.3m | €1.1m | €1.3m | ▲ 18.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 18.9% |
| Financial debts43 | - | - | - | €0.02m | €0.07m | €0.08m | €0.07m | €0.08m | ▲ 6.5% |
| Credit institutions430/8 | - | - | - | €0.004m | €0.05m | €0.06m | €0.05m | €0.05m | ▲ 1.2% |
| Other loans439 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 15.9% |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.5m | €0.5m | €0.7m | €0.5m | €0.6m | ▲ 30.0% |
| Suppliers440/4 | - | - | - | €0.5m | €0.5m | €0.7m | €0.5m | €0.6m | ▲ 30.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.03m | €0.05m | €0.05m | ▼ 7.4% |
| Taxes450/3 | - | - | - | €0.002m | - | €0.003m | €0.02m | €0.02m | ▼ 34.0% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 15.7% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.09m | €0.06m | €0.07m | €0.05m | ▼ 37.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | €0.006m | €0.003m | €0.004m | ▲ 71.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,711 | €105,720 | €53,454 | €40,262 | €108,722 | €79,636 | €134,781 | €105,202 | ▼ 21.9% |
| + Depreciation and write-downs630 | €66,211 | €85,131 | €84,634 | €104,522 | €126,269 | €163,520 | €145,230 | €152,418 | ▲ 4.9% |
| Operating cash flow (approximation) | €150,922 | €190,851 | €138,088 | €144,784 | €234,991 | €243,156 | €280,011 | €257,620 | ▼ 8.0% |
| Investment in fixed assets (approximation) | - | -€262,547 | -€36,829 | -€249,738 | -€289,351 | -€328,911 | -€29,160 | -€204,686 | ▼ 602% |
| Change in cash | - | -€3,946 | €24,427 | €55,843 | -€30,909 | -€15,485 | €3,292 | €3,030 | ▼ 8.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 08-07-2026 | 2026-00268302 |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00181610 |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00193306 |
| 31-12-2022 | abbreviated format | 18-07-2023 | 2023-00246141 |
| 31-12-2021 | abbreviated format | 15-07-2022 | 2022-20190652 |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-27900271 |
| 31-12-2019 | abbreviated format | 06-07-2020 | 2020-26400498 |
| 31-12-2018 | abbreviated format | 21-06-2019 | 2019-21300113 |
| 31-12-2017 | abbreviated format | 26-04-2018 | 2018-10700545 |
| 31-12-2016 | abbreviated format | 10-06-2017 | 2017-16300200 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 · 1 entry · €20,292 awarded · €20,292 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 3
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Magdalena Mollaert |
|
| William Steenacker |
|
| Magdalena Jozef Irina Mollaert |
|
| William Emiel Steenacker |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-09
Gazette deed
Reappointments: William Emiel Steenacker (director and managing director) and Magdalena Jozef Irina Mollaert (director)3 facts ▸
- General meeting, 30-06-2026
- Director reappointment, William Emiel Steenacker (director and managing director)
- Director reappointment, Magdalena Jozef Irina Mollaert (director)
04-04
Gazette deed
Reappointments: William Steenacker (director) and Magdalena Mollaert (director)Appointments: William Steenacker (afgevaardigd bestuurder) and Magdalena Mollaert (afgevaardigd bestuurder) · Amendment of the articles · Capital10 facts ▸
- General meeting, 27-03-2023
- Amendment of the articles (2 times)
- Capital, €1,000,000
- Director reappointment, William Steenacker (director)
- Director reappointment, Magdalena Mollaert (director)
- Director appointment, William Steenacker (afgevaardigd bestuurder)
- Director appointment, Magdalena Mollaert (afgevaardigd bestuurder)
- Director appointment, William Steenacker (chair of the board)
- Registered office clause, “Wezembeek-Oppem, Louis Marcelisstraat 49” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0449.364.970
Recognitions · licences · registrations
Recognised contractor
12 categories- C General road works contractsclass 1, up to €162,000
- C1 Ordinary sewer worksclass 1, up to €162,000
- C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
- C5 Bituminous paving and surface dressingclass 1, up to €162,000
- C6 Laying power and telecom cables in trenchesclass 1, up to €162,000
- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
- D10 Tilingclass 1, up to €162,000
Show all 12 categories
- F1 Assembly and dismantling (without supplies)class 1, up to €162,000
- G General earthworks contractsclass 1, up to €162,000
- G2 Drainage worksclass 1, up to €162,000
- G5 Demolitionclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22006B0055/00D002 | Flanders | 406 m² | 1 · 628 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aankoop en verkoop van onroerende goederen voor eigen rekening of voor rekening van derden; Zij mag ook alle verrichtingen uitvoeren die…” (deed in Dutch)
18 activities (deed in Dutch)
- Aankoop en verkoop van onroerende goederen voor eigen rekening of voor rekening van derden.
- Zij mag ook alle verrichtingen uitvoeren die leiden tot de verwezenlijking van het hierboven omschreven voorwerp zoals het verhuren van haar eigendommen of eigendommen van derden,het beheer van onroerende goederen en dergelijke.
- Het vervoer,zowel nationaal als internationaal,per spoor,te water,langs de weg en de lucht;
- De verhuur en de bediening van alle roerende en onroerende goederen,en meer in het bijzonder van vrachtwagens,kraanwagens,heftrucks,containers en dergelijke meer;
- De op- en overslag,alsmede het stockbeheer voor rekening van derden.
- Groot- en kleinhandel in,aan- en verkoop van motorvoertuigen,zowel nieuwe als tweede-handse,alsmede de onderdelen ervan.
- Het herstellen van motorvoertuigen.
- Het herstellen van koetswerken van motorvoertuigen.
- Uitbating van garage.
- Groot- en kleinhandel in brandstoffen en smeermiddelen.
- Onderneming voor het bouwen,herstellen en onderhouden van wegen en rioleringen.
- Onderneming voor het leggen van kabels en diverse leidingen.
- Onderneming voor het aanleggen van speelpleinen,sportvelden,parken en tuinen.
- Onderneming voor grond- en draineerwerken.
- Onderneming voor het plaatsen van afsluitingen.
- Onderneming voor slopingswerken van gebouwen en kunstwerken.
- Groot- en kleinhandel in,aan- en verkoop van alle bouwmaterialen.
- De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen,overdragen of ruilen,en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten,die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben,zowel in België als in het buitenland.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Steenacker
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, oprichting of opheffing administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Overblijvende bestuurders mogen coöpteren bij openval voor einde mandaat,eerstvolgende AV moet bevestigen,bij bevestiging volbrengt mandaat…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onder levenden of bij overlijden, eventuele beperkingen in afzonderlijke aandeelhoudersovereenkomst” (deed in Dutch)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “In een of meerdere malen, kapitaal verhogen” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, één of meer vereffenaars door algemene vergadering” (deed in Dutch)1 more provision on this in the deed