STEFDEC
ActiveSummary
STEFDEC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €132,605. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 2028 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-23
Solvency76▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 4.95 against 12.26 in 2024; short-term debt: 10.2% and cash: 1.3% of total assets), and 49.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
50.6%
Return on assets
2.9%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
33 d early
2023
42 d early
2022
44 d early
2021
38 d early
2020
64 d early
2018
47 d 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 40 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 employer in Temse, Professional and technical services sector
Equity
€2.3m▲ 6.1%
2024 · €2.2m
Total assets
€4.6m▲ 93.2%
2024 · €2.4m
Net result
€132,605▼ 73.4%
2024 · €498,737
Working capital
€1.8m▼ 9.0%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€521,920▲ 499%€825,381▲ 58.1%€705,691▼ 14.5%€695,856▼ 1.4%€250,584▼ 64.0%
Net result€377,984▲ 420%€572,554▲ 51.5%€466,563▼ 18.5%€498,737▲ 6.9%€132,605▼ 73.4%
Equity€941,893▲ 67.0%€1.4m▲ 44.1%€1.7m▲ 23.8%€2.2m▲ 29.7%€2.3m▲ 6.1%
Total assets€1.4m▼ 17.1%€1.7m▲ 22.7%€2.2m▲ 28.2%€2.4m▲ 6.5%€4.6m▲ 93.2%
Debt€469,498▼ 58.8%€374,790▼ 20.2%€539,072▲ 43.8%€183,956▼ 65.9%€2.2m▲ 1,097%
Working capital€750,717▲ 115%€1.2m▲ 63.0%€1.6m▲ 34.7%€2.0m▲ 22.7%€1.8m▼ 9.0%
Staff (FTE)8.3▲ 124%6.7▼ 19.3%7▲ 4.5%7.4▲ 5.7%8▲ 8.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result -73%, Total assets +93% on 2024. Cause not known from the registers.
- 2022 Net result +51% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
- 2021 Net result +420% on 2020. The previous fiscal year ran 21 months, this one 12.
- 2021 Equity +67% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 64% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€2.3m ▲ 1,306%
Current assets
€2.3m ▲ 4.8%
Equity and liabilities €4.6m
Equity
€2.3m ▲ 6.1%
Provisions
€50,683
Debt
€2.2m ▲ 1,097%
Debt's share of the balance-sheet total rises from 7.8% to 48.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€558,377▼
2024 · €763,773
Cash flow
€440,398▼
2024 · €566,654
Current ratio
4.95▼
2024 · 12.26
Quick ratio
4.91▼
2024 · 12.17
Debt to equity
0.95▲
2024 · 0.08
ROE
5.7%▼
2024 · 22.9%
ROA
2.9%▼
2024 · 21.1%
Interest coverage
10.58▼
2024 · 375.65
Debt ≤ 1 year
€466,772▲
2024 · €179,668
Debt > 1 year
€1.7m▲
2024 · €4,288
Income taxes
€74,449▼
2024 · €226,061
Staff costs
€529,915▲
2024 · €522,190
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 16,986 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €32,099 | €0 | €21,700 | - |
| Remuneration, social security and pensions62 | - | €415,283 | €438,619 | €522,190 | €529,915 | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,645 | €69,313 | €79,472 | €67,917 | €307,793 | ▲ 353% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €50,683 | - |
| Other operating charges640/8 | - | €4,524 | €9,428 | €7,801 | €18,176 | ▲ 133% |
| Non-recurring operating charges66A | - | €54 | €0 | - | €17,673 | - |
| Gross operating margin9900 | €1.1m | €1.3m | €1.2m | €1.3m | €1.2m | ▼ 9.2% |
| Operating profit (loss)9901 | €521,920 | €825,381 | €705,691 | €695,856 | €250,584 | ▼ 64.0% |
| Financial income75/76B | - | €40,103 | €6,130 | €30,975 | €9,255 | ▼ 70.1% |
| Recurring financial income75 | €40,169 | €40,103 | €5,248 | €12,724 | €9,255 | ▼ 27.3% |
| Non-recurring financial income76B | - | - | €882 | €18,251 | €0 | ▼ 100% |
| Financial charges65/66B | - | €19,421 | €30,137 | €2,033 | €52,785 | ▲ 2,496% |
| Recurring financial charges65 | €5,107 | €19,421 | €4,015 | €2,033 | €52,785 | ▲ 2,496% |
| Non-recurring financial charges66B | - | - | €26,123 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €556,982 | €846,064 | €681,683 | €724,798 | €207,054 | ▼ 71.4% |
| Income taxes67/77 | €178,998 | €273,510 | €215,120 | €226,061 | €74,449 | ▼ 67.1% |
| Profit (loss) for the period9904 | €377,984 | €572,554 | €466,563 | €498,737 | €132,605 | ▼ 73.4% |
| Profit (loss) for the period to be appropriated9905 | €377,984 | €572,554 | €466,563 | €498,737 | €132,605 | ▼ 73.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.7m | €2.2m | €2.4m | €4.6m | ▲ 93.2% |
| Fixed assets21/28 | €209,310 | €147,374 | €205,808 | €160,460 | €2.3m | ▲ 1,306% |
| Intangible fixed assets21 | - | - | - | - | €2,535 | - |
| Tangible fixed assets22/27 | €204,034 | €142,658 | €201,044 | €155,696 | €2.2m | ▲ 1,345% |
| Land and buildings22 | - | €53,018 | €35,345 | €17,673 | €2.1m | ▲ 11,940% |
| Plant, machinery and equipment23 | - | €44,350 | €15,779 | €14,358 | €25,318 | ▲ 76.3% |
| Furniture and vehicles24 | - | €23,815 | €121,146 | €101,938 | €81,538 | ▼ 20.0% |
| Leasing and similar rights25 | - | €21,476 | €15,746 | €10,016 | €4,286 | ▼ 57.2% |
| Other tangible fixed assets26 | - | - | €13,029 | €11,712 | €10,395 | ▼ 11.2% |
| Financial fixed assets28 | €5,276 | €4,716 | €4,764 | €4,764 | €4,802 | ▲ 0.8% |
| Current assets29/58 | €1.2m | €1.6m | €2.0m | €2.2m | €2.3m | ▲ 4.8% |
| Stocks and contracts in progress3 | - | - | - | €15,941 | €15,941 | = |
| Stocks30/36 | - | - | - | €15,941 | €15,941 | = |
| Amounts receivable within one year40/41 | €333,059 | €420,702 | €376,387 | €368,788 | €762,065 | ▲ 107% |
| Trade receivables40 | - | €277,237 | €280,607 | €280,715 | €694,553 | ▲ 147% |
| Other amounts receivable41 | - | €143,465 | €95,780 | €88,073 | €67,512 | ▼ 23.3% |
| Current investments50/53 | - | €183,754 | €485,716 | €514,313 | €1.4m | ▲ 170% |
| Cash at bank and in hand54/58 | €739,546 | €910,634 | €1.1m | €1.2m | €58,413 | ▼ 95.3% |
| Deferred charges and accrued income490/1 | - | €69,629 | €52,026 | €54,764 | €83,232 | ▲ 52.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.7m | €2.2m | €2.4m | €4.6m | ▲ 93.2% |
| Equity10/15 | €941,893 | €1.4m | €1.7m | €2.2m | €2.3m | ▲ 6.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €929,493 | €1.3m | €1.7m | €2.2m | €2.3m | ▲ 6.1% |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | €1.3m | €1.7m | €2.2m | €2.3m | ▲ 6.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €50,683 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €50,683 | - |
| Other liabilities and charges164/5 | - | - | - | - | €50,683 | - |
| Amounts payable17/49 | €469,498 | €374,790 | €539,072 | €183,956 | €2.2m | ▲ 1,097% |
| Amounts payable after more than one year17 | €18,087 | €13,548 | €8,949 | €4,288 | €1.7m | ▲ 40,338% |
| Financial debts170/4 | - | €13,548 | €8,949 | €4,288 | €1.7m | ▲ 40,338% |
| Amounts payable within one year42/48 | €451,364 | €360,990 | €365,589 | €179,668 | €466,772 | ▲ 160% |
| Current portion of amounts payable after more than one year42 | - | €4,539 | €4,599 | €4,661 | €106,983 | ▲ 2,195% |
| Financial debts43 | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - | - |
| Trade debts44 | €295,946 | €277,354 | €213,753 | €112,178 | €290,988 | ▲ 159% |
| Suppliers440/4 | - | €277,354 | €213,753 | €112,178 | €290,988 | ▲ 159% |
| Taxes, remuneration and social security45 | - | €47,946 | €78,594 | €56,722 | €67,774 | ▲ 19.5% |
| Taxes450/3 | - | €2,904 | €28,305 | €2,196 | €2,299 | ▲ 4.7% |
| Remuneration and social security454/9 | - | €45,042 | €50,289 | €54,526 | €65,475 | ▲ 20.1% |
| Other amounts payable47/48 | - | €31,151 | €68,643 | €6,107 | €1,027 | ▼ 83.2% |
| Accrued charges and deferred income492/3 | - | €252 | €164,535 | €0 | €1,954 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €377,984 | €572,554 | €466,563 | €498,737 | €132,605 | ▼ 73.4% |
| + Depreciation and write-downs630 | €74,645 | €69,313 | €79,472 | €67,917 | €307,793 | ▲ 353% |
| Operating cash flow (approximation) | €452,629 | €641,866 | €546,034 | €566,654 | €440,398 | ▼ 22.3% |
| Investment in fixed assets (approximation) | - | -€7,377 | -€137,906 | -€22,569 | -€2.4m | ▼ 10,552% |
| Change in cash | - | €171,088 | €189,511 | €149,292 | -€1.2m | ▼ 898% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 12.26
Current ratio from 5.51 to 12.26; short-term debt falls from €365,589 to €179,668.
30-09
Financial
Equity above €2mEq €2.2m ▲29.7%
5 profitable years in a row build equity to €2.2m.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €572,554 ▲51.5%
Operating result €825,381, net result €572,554, both a record.
30-09
Financial
Equity above €1mEq €1.4m ▲44.1%
3 profitable years in a row build equity to €1.4m.
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity doublescurrent ratio 2.66
Current ratio from 1.31 to 2.66; short-term debt falls from €1.1m to €451,364.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €72,688
Net result €72,688 after one loss-making year.
Show earlier events
30-09
Financial
Equity above €500,000Eq €563,909 ▲14.8%
Equity rises from €491,221 to €563,909.
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2020
Ground area
3,526 m²
Building footprint
2,004 m²
Volume, LiDAR
14,935 m³
Parcel 46025B1190/00R013, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Frank Van Dyckelaan 12, 9140 Temse
since 20202.313.932.426
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B1190/00R013 | Flanders | 3,526 m² | 1 · 2,004 m² | 8.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,026 EUR awarded · 3,737 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,311 EUR | 1,099 EUR |
| 2024 | 1 | 129 EUR | 129 EUR |
| 2023 | 1 | 1,494 EUR | 1,558 EUR |
| 2022 | 1 | 1,092 EUR | 951 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
254900BHU62U9XS4QE79
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 2,151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-01-2005
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
25110Manufacture of metal structures and parts of structures
25210Manufacture of fabricated metal products, except machinery and equipment
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0871264292
Also
9925:BE0871264292
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.