STEICON PLUS
ActiveSummary
STEICON PLUS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €345k and a net result of €163k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-4
Solvency72▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 0.72 in 2023; short-term debt: 41% and cash: 7% of total assets), and 53.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
22 d early
2022
38 d early
2021
31 d late
2020
30 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€345k▲ 89.4%
2023 · €182k
2018: €77k
2019: €79k
2020: €97k
2021: €159k
2022: €214k
2023: €182k
2018 → 2024
Total assets
€735k▲ 31.5%
2023 · €559k
2018: €269k
2019: €435k
2020: €445k
2021: €423k
2022: €517k
2023: €559k
2018 → 2024
Net result
€163k▲ 7.9%
2023 · €151k
2018: €27k
2019: €2k
2020: €18k
2021: €62k
2022: €120k
2023: €151k
2018 → 2024
Working capital
€73k
2023 · €-75k
2018: €-28k
2019: €-145k
2020: €-125k
2021: €-37k
2022: €19k
2023: €-75k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€97k-€159k▲ 63.8%€214k▲ 34.6%€182k▼ 15.0%€345k▲ 89.4%
Operating result€24k-€87k▲ 261%€150k▲ 72.8%€208k▲ 38.3%€229k▲ 10.2%
Net result€18k-€62k▲ 251%€120k▲ 93.9%€151k▲ 25.7%€163k▲ 7.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 10% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €735k
Fixed assets
€361k ▼ 2.4%
Current assets
€374k ▲ 97.8%
Equity and liabilities €735k
Equity
€345k ▲ 89.4%
Debt
€390k ▲ 3.5%
Debt's share of the balance-sheet total falls from 67.4% to 53.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€303k▲
2023 · €287k
Cash flow
€237k▲
2023 · €230k
Current ratio
1.24▲
2023 · 0.72
Debt to equity
1.13▼
2023 · 2.07
ROE
47.2%▼
2023 · 82.9%
ROA
22.1%▼
2023 · 27.0%
Interest coverage
40.14▲
2023 · 34.59
Debt ≤ 1 year
€301k▲
2023 · €264k
Debt > 1 year
€89k▼
2023 · €112k
Income taxes
€60k▲
2023 · €50k
Staff costs
€58k▼
2023 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€559k€735k▲
Fixed assets21/28€370k€361k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€370k€361k▼
Plant, machinery and equipment23€277k€239k▼
Furniture and vehicles24€93k€122k▲
Current assets29/58€189k€374k▲
Amounts receivable within one year40/41€137k€191k▲
Trade receivables40€134k€191k▲
Other amounts receivable41€3k€116▼
Current investments50/53-€75k
Cash at bank and in hand54/58€52k€51k▼
Deferred charges and accrued income490/1-€56k
Equity and liabilities
Total equity and liabilities10/49€559k€735k▲
Equity10/15€182k€345k▲
Contributions10/11€19k€19k=
Reserves13€163k€326k▲
Distributable reserves133€163k€326k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€377k€390k▲
Amounts payable after more than one year17€112k€89k▼
Financial debts170/4€112k€88k▼
Other amounts payable178/9€720€720=
Amounts payable within one year42/48€264k€301k▲
Current portion of amounts payable after more than one year42€49k€57k▲
Financial debts43€202€353▲
Credit institutions430/8€202€353▲
Trade debts44€71k€91k▲
Suppliers440/4€71k€91k▲
Taxes, remuneration and social security45€26k€79k▲
Taxes450/3€20k€69k▲
Remuneration and social security454/9€6k€10k▲
Other amounts payable47/48€119k€74k▼
Income statement
Code20232024
Non-recurring operating income76A€12k€2k▼
Remuneration, social security and pensions62€70k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€74k▼
Other operating charges640/8€7k€9k▲
Gross operating margin9900€364k€370k▲
Operating profit (loss)9901€208k€229k▲
Financial income75/76B€2k€829▼
Recurring financial income75€2k€829▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€201k€222k▲
Income taxes67/77€50k€60k▲
Profit (loss) for the period9904€151k€163k▲
Profit (loss) for the period to be appropriated9905€151k€163k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€163k▲
Transfer from equity791/2€65k€0▼
Transfer to equity691/2€33k€163k▲
To the legal reserve6920€33k€163k▲
Profit to be distributed694/7€183k€0▼
Return on contributions (dividend)694€183k€0▼
Social balance
Average headcount (FTE)90871.41.0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €163k ▲7.9%
Operating result €229k, net result €163k, both a record.
31-12
Financial
Equity above €200kEq €345k ▲89.4%
7 profitable years in a row build equity to €345k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €214k ▲34.6%
5 profitable years in a row build equity to €214k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150kEq €159k ▲63.8%
4 profitable years in a row build equity to €159k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼92.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
13-06
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.
Directors · office · real estate
Directors
3 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, Eeklo · 1 establishment unit since 2015
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.
Nieuwendorpe 419900 EekloGround area
9,901 m²
Building footprint
1,847 m²
Volume, LiDAR
14,639 m³
Parcel 43352F0461/00E000, Flanders · tallest building 28.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwendorpe 41, 9900 Eeklo
since 20152.239.427.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0461/00E000 | Flanders | 9,900 m² | 1 · 1,847 m² | 28.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 1,314 EUR awarded · 2,357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 174 EUR | 894 EUR |
| 2024 | 1 | 1,050 EUR | 330 EUR |
| 2023 | 1 | 45 EUR | 1,088 EUR |
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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LIQNUM
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Of 194 companies in sector 42919 we hold annual accounts for 81. 52 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
42919Civil engineering
43990Other specialised construction activities
43342Specialised construction activities
43350Other building finishing work
46630Wholesale trade
68110Buying and selling of own real estate
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.