STEK-GROND

Active

Private limited companyfounded 20197 yrs activeGitsbergstraat 39, 8830 Hooglede, BelgiumKBO/BCE: BE 0727.714.982

STEK-GROND has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-859. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 3099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

28 / 100

Weak▲ +8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency8=

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity short (current ratio 0.22 against 0.24 in 2024), and 87.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 01

Relative position

BE, all sectors

reference

Sector 01

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

12.3%

Return on assets

-0.3%

Age of the figures

8 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

202122232425

2020 to 2025 · latest year -€859

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 6 filings

Deviation from the deadline

2025

31 d late

2024

13 d early

2023

34 d early

2022

30 d late

2021

11 d early

2020

31 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€36k▼ 11.2%

2024 · €41k

2020: €219 2021: €-7k 2022: €-9k 2023: €55k 2024: €41k

2020 → 2025

Total assets

€296k▼ 12.4%

2024 · €338k

2020: €12k 2021: €23k 2022: €215k 2023: €270k 2024: €338k

2020 → 2025

Net result

€-859▲ 94.0%

2024 · €-14k

2020: €-5k 2021: €-7k 2022: €-12k 2023: €22k 2024: €-14k

2020 → 2025

Working capital

€-123k▲ 8.7%

2024 · €-135k

2020: €-7k 2021: €-23k 2022: €39k 2023: €-39k 2024: €-135k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-7k-€-9k▼ 30.2%€55k€41k▼ 25.8%€36k▼ 11.2%

Operating result€-7k-€-4k▲ 36.6%€27k€-17k€-884▲ 94.7%

Net result€-7k-€-12k▼ 66.7%€22k€-14k€-859▲ 94.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €884 in 2025 against €17k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €296k

88.3%

12%

Fixed assets €262k▼ 11.5%

Current assets €35k▼ 18.2%

Equity and liabilities €296k

12.3%

87.7%

Equity €36k▼ 11.2%

Debt €260k▼ 12.5%

The debt ratio falls from 87.9% to 87.7%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€34k▲

2024 · €12k

Cash flow

€34k▲

2024 · €15k

Solvency

12.3%▲

2024 · 12.1%

Current ratio

0.22▼

2024 · 0.24

Quick ratio

0.22▼

2024 · 0.24

Debt / equity

7.13▼

2024 · 7.24

ROE

-2.4%▲

2024 · -34.8%

ROA

-0.3%▲

2024 · -4.2%

Interest coverage

9.16▲

2024 · 3.05

Debt

€260k▼

2024 · €297k

Debt ≤ 1 year

€158k▼

2024 · €178k

Debt > 1 year

€102k▼

2024 · €119k

Staff costs

€15k▼

2024 · €46k

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€338k€296k▼

Fixed assets21/28€296k€262k▼

Intangible fixed assets21€2k€1k▼

Tangible fixed assets22/27€294k€260k▼

Land and buildings22€259k€232k▼

Plant, machinery and equipment23€27k€22k▼

Furniture and vehicles24€8k€6k▼

Current assets29/58€42k€35k▼

Amounts receivable within one year40/41€30k€2k▼

Trade receivables40€28k€1k▼

Other amounts receivable41€1k€666▼

Cash at bank and in hand54/58€13k€33k▲

Equity and liabilities

Total equity and liabilities10/49€338k€296k▼

Equity10/15€41k€36k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€-16k€-16k▼

Investment grants15€52k€48k▼

Amounts payable17/49€297k€260k▼

Amounts payable after more than one year17€119k€102k▼

Financial debts170/4€119k€102k▼

Amounts payable within one year42/48€178k€158k▼

Current portion of amounts payable after more than one year42€17k€18k▲

Trade debts44€24k€8k▼

Suppliers440/4€24k€8k▼

Advances received on contracts in progress46-€7

Taxes, remuneration and social security45€5k€368▼

Taxes450/3€3k€313▼

Remuneration and social security454/9€2k€55▼

Other amounts payable47/48€131k€132k▲

Accrued charges and deferred income492/3€97€0▼

Income statement Code20242025

Remuneration, social security and pensions62€46k€15k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€35k▲

Other operating charges640/8€100€254▲

Gross operating margin9900€58k€49k▼

Operating profit (loss)9901€-17k€-884▲

Financial income75/76B€6k€4k▼

Recurring financial income75€6k€4k▼

Financial charges65/66B€4k€4k▼

Recurring financial charges65€4k€4k▼

Profit (loss) for the period before taxes9903€-14k€-859▲

Profit (loss) for the period9904€-14k€-859▲

Profit (loss) for the period to be appropriated9905€-14k€-859▲

Appropriation of the result

Profit (loss) to be appropriated9906€-16k€-16k▼

Profit (loss) brought forward from the previous period14P€-1k€-16k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

18-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-14k ▼165%

Net result drops to €-14k, the lowest in the series; recovery starts the following year.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €22k

Net result €22k after 3 loss-making years.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Liquidity times 7current ratio 1.56

Current ratio from 0.23 to 1.56.

20-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

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, Hooglede · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Gitsbergstraat 398830 Hooglede

Ground area

249 m²

Building footprint

439 m²

Volume, LiDAR

2,215 m³

Parcel 36005C0700/00L000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

STEK-GROND

Gitsbergstraat 39, 8830 HoogledeMixed farming

since 20192.292.157.609

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36005C0700/00L000	Flanders	249 m²	1 · 439 m²	8.4 m · 2 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.

Similar companies · same sector, comparable size

VANDE GINSTE - BEERNAERT

BE 0847.277.083

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Société Agricole FERME WERNER

Of 20,586 companies in sector 01500 we hold annual accounts for 1,144. 621 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-06-2019

Fiscal year end31-12

Activities, NACEBEL

01500Mixed farming

55204Guest rooms (bed and breakfast)

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.