Stefferson
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 7 days after the deadline Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00387103.
Annual accounts 2025 filed on 07-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €15,450, smaller than the loss of €41,080 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €8,991 | - |
| Intangible fixed assets | €2,900 | - |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €1,813 | €2,358 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,813 | €2,358 | ▲ 30.1% |
| Other operating charges640/8 | €3,575 | €4,286 | ▲ 19.9% |
| Gross operating margin9900 | -€35,692 | -€8,807 | ▲ 75.3% |
| Operating profit (loss)9901 | -€41,080 | -€15,450 | ▲ 62.4% |
| Financial income75/76B | €100 | €87 | ▼ 13.3% |
| Recurring financial income75 | €100 | €87 | ▼ 13.3% |
| Financial charges65/66B | €2,710 | €3,858 | ▲ 42.4% |
| Recurring financial charges65 | €2,710 | €3,858 | ▲ 42.4% |
| Profit (loss) for the period before taxes9903 | -€43,690 | -€19,222 | ▲ 56.0% |
| Profit (loss) for the period9904 | -€43,690 | -€19,222 | ▲ 56.0% |
| Profit (loss) for the period to be appropriated9905 | -€43,690 | -€19,222 | ▲ 56.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €48,012 | €67,498 | ▲ 40.6% |
| Fixed assets21/28 | €10,079 | €7,721 | ▼ 23.4% |
| Intangible fixed assets21 | €2,334 | €1,754 | ▼ 24.8% |
| Tangible fixed assets22/27 | €7,744 | €5,967 | ▼ 23.0% |
| Furniture and vehicles24 | €5,731 | €4,411 | ▼ 23.0% |
| Other tangible fixed assets26 | €2,013 | €1,556 | ▼ 22.7% |
| Current assets29/58 | €37,933 | €59,777 | ▲ 57.6% |
| Stocks and contracts in progress3 | €33,344 | €47,009 | ▲ 41.0% |
| Stocks30/36 | €33,344 | €47,009 | ▲ 41.0% |
| Amounts receivable within one year40/41 | €942 | €6,745 | ▲ 616% |
| Trade receivables40 | €2 | €6,011 | ▲ 3,643× |
| Other amounts receivable41 | €940 | €733 | ▼ 22.0% |
| Cash at bank and in hand54/58 | €3,624 | €5,770 | ▲ 59.2% |
| Deferred charges and accrued income490/1 | €24 | €253 | ▲ 965% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €48,012 | €67,498 | ▲ 40.6% |
| Equity10/15 | -€38,690 | -€57,911 | ▼ 49.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€43,690 | -€62,911 | ▼ 44.0% |
| Amounts payable17/49 | €86,702 | €125,409 | ▲ 44.6% |
| Amounts payable after more than one year17 | €55,518 | €66,124 | ▲ 19.1% |
| Financial debts170/4 | €55,518 | €66,124 | ▲ 19.1% |
| Amounts payable within one year42/48 | €31,184 | €59,285 | ▲ 90.1% |
| Current portion of amounts payable after more than one year42 | €10,334 | €10,893 | ▲ 5.4% |
| Financial debts43 | €431 | €421 | ▼ 2.2% |
| Credit institutions430/8 | €431 | €421 | ▼ 2.2% |
| Trade debts44 | €3,676 | €16,845 | ▲ 358% |
| Suppliers440/4 | €3,676 | €16,845 | ▲ 358% |
| Taxes, remuneration and social security45 | €2,615 | €9,403 | ▲ 260% |
| Taxes450/3 | €2,615 | €9,403 | ▲ 260% |
| Other amounts payable47/48 | €14,128 | €21,722 | ▲ 53.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€43,690 | -€19,222 | ▲ 56.0% |
| + Depreciation and write-downs630 | €1,813 | €2,358 | ▲ 30.1% |
| Operating cash flow (approximation) | -€41,877 | -€16,864 | ▲ 59.7% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €2,146 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Stefferson has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Stefferson itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for Stefferson. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.