STEFLOR
ActiveThe computed 12-month bankruptcy probability of STEFLOR is 1.6% (moderate). The 2025 annual accounts show equity of €975k and a net result of €334k. Equity is growing by ~55% per year across the filed fiscal years. Its solvency ranks better than 38% of 10242 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency40▼-12
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.02 in 2024), and 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
27%
Return on assets
9.3%
Age of the figures
14 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
70 d late
2022
27 d late
2021
on the day
2020
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€975k▲ 43.1%
2024 · €682k
2020: €59k
2021: €204k
2022: €283k
2023: €489k
2024: €682k
2020 → 2025
Total assets
€3.61M▲ 74.7%
2024 · €2.06M
2020: €642k
2021: €937k
2022: €924k
2023: €1.84M
2024: €2.06M
2020 → 2025
Net result
€334k▲ 72.1%
2024 · €194k
2020: €41k
2021: €144k
2022: €80k
2023: €208k
2024: €194k
2020 → 2025
Working capital
€-89k
2024 · €10k
2020: €-108k
2021: €-185k
2022: €-193k
2023: €-224k
2024: €10k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€204k-€283k▲ 38.7%€489k▲ 73.2%€682k▲ 39.3%€975k▲ 43.1%
Operating result€189k-€116k▼ 38.6%€262k▲ 126%€285k▲ 8.9%€503k▲ 76.4%
Net result€144k-€80k▼ 44.2%€208k▲ 159%€194k▼ 6.8%€334k▲ 72.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 76% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.61M
Fixed assets
€2.62M▲ 80.2%
Current assets
€984k▲ 61.5%
Equity and liabilities €3.61M
Equity
€975k▲ 43.1%
Debt
€2.63M▲ 90.3%
The debt ratio rises from 67.0% to 73.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€955k▲
2024 · €553k
Cash flow
€786k▲
2024 · €462k
Solvency
27.0%▼
2024 · 33.0%
Current ratio
0.92▼
2024 · 1.02
Quick ratio
0.90▼
2024 · 0.99
Debt / equity
2.70▲
2024 · 2.03
ROE
34.3%▲
2024 · 28.5%
ROA
9.3%▼
2024 · 9.4%
Interest coverage
12.92▲
2024 · 10.68
Debt
€2.63M▲
2024 · €1.38M
Debt ≤ 1 year
€1.07M▲
2024 · €600k
Debt > 1 year
€1.54M▲
2024 · €782k
Income taxes
€98k▲
2024 · €52k
Staff costs
€1.12M▲
2024 · €792k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.06M€3.61M▲
Fixed assets21/28€1.46M€2.62M▲
Intangible fixed assets21€2k€720▼
Tangible fixed assets22/27€1.45M€2.62M▲
Land and buildings22€555k€1.39M▲
Plant, machinery and equipment23€662k€905k▲
Furniture and vehicles24€78k€83k▲
Leasing and similar rights25€140k€223k▲
Other tangible fixed assets26€19k€16k▼
Financial fixed assets28-€4k
Current assets29/58€610k€984k▲
Stocks and contracts in progress3€13k€13k=
Stocks30/36€13k€13k=
Amounts receivable within one year40/41€290k€355k▲
Trade receivables40€232k€290k▲
Other amounts receivable41€57k€65k▲
Cash at bank and in hand54/58€289k€589k▲
Deferred charges and accrued income490/1€18k€28k▲
Equity and liabilities
Total equity and liabilities10/49€2.06M€3.61M▲
Equity10/15€682k€975k▲
Contributions10/11€19k€19k=
Reserves13€185k€146k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€183k€144k▼
Profit (loss) carried forward14€478k€810k▲
Amounts payable17/49€1.38M€2.63M▲
Amounts payable after more than one year17€782k€1.54M▲
Financial debts170/4€645k€1.40M▲
Other amounts payable178/9€138k€138k=
Amounts payable within one year42/48€600k€1.07M▲
Current portion of amounts payable after more than one year42€167k€231k▲
Trade debts44€286k€208k▼
Suppliers440/4€286k€208k▼
Taxes, remuneration and social security45€126k€129k▲
Taxes450/3€20k€11k▼
Remuneration and social security454/9€107k€117k▲
Other amounts payable47/48€21k€506k▲
Accrued charges and deferred income492/3€1k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€792k€1.12M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€268k€452k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50k-
Other operating charges640/8€11k€34k▲
Gross operating margin9900€1.41M€2.11M▲
Operating profit (loss)9901€285k€503k▲
Financial income75/76B€12k€3k▼
Recurring financial income75€12k€3k▼
Financial charges65/66B€52k€74k▲
Recurring financial charges65€52k€74k▲
Profit (loss) for the period before taxes9903€246k€432k▲
Income taxes67/77€52k€98k▲
Profit (loss) for the period9904€194k€334k▲
Profit (loss) for the period to be appropriated9905€194k€334k▲
Appropriation of the result
Profit (loss) to be appropriated9906€480k€812k▲
Profit (loss) brought forward from the previous period14P€286k€478k▲
Transfer from equity791/2-€39k
Profit to be distributed694/7€2k€41k▲
Return on contributions (dividend)694€2k€41k▲
Social balance
Average headcount (FTE)908714.819.6▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2020net €334k ▲72.1%
Operating result €503k, net result €334k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €500kEq €682k ▲39.3%
5 profitable years in a row build equity to €682k.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 70 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €204k ▲243%
2 profitable years in a row build equity to €204k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ingelmunster · 4 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bruggestraat 798770 IngelmunsterGround area
1,742 m²
Building footprint
1,390 m²
Volume, LiDAR
7,182 m³
4 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
STEFLOR
since 20182.281.244.416
Steflor
since 20192.284.582.107
Steflor
since 20202.304.780.970
STEFLOR
since 20242.358.061.090
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A0846/00E005 | Flanders | 804 m² | 1 · 590 m² | 11.1 m · 1 fl. |
| 37009B0034/00A002 | Flanders | 389 m² | 1 · 350 m² | 11.6 m · 2 fl. |
| 36009A0282/00K000 | Flanders | 277 m² | 1 · 270 m² | 12.7 m · 3 fl. |
| 36493B0525/00V002 | Flanders | 271 m² | 1 · 179 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
2024 to 2025 · 2 entries · 5,164 EUR awarded · 5,164 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 4,988 EUR | 4,988 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
4 sitesIngelmunster2.281.244.416
Izegem2.304.780.970
Izegem2.358.061.090
Wielsbeke2.284.582.107
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NEIRYNCK
BE 0438.441.978
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BAKKERIJ CARL
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VERSAVEL
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Of 4,201 companies in sector 10712 we hold annual accounts for 1,851. 911 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-09-2018
Fiscal year end30-06
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
10711Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
10890Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47271Retail trade
47279Other retail sale of food
47291Retail trade
47299Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
47789Other retail sale of new goods
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.