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STELAE

Active
Private limited companyfounded 20251 yr activeRue des Augustins 1, 4000 Liège, BelgiumKBO/BCE: BE 1027.972.445
Summary

The computed 12-month bankruptcy probability of STELAE is 3.3% (moderate). The 2025 annual accounts show equity of €4,846 and a net result of €1,846. Its solvency ranks better than 37% of 13560 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability76
Solvency40
Growth-
Track record67
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

STELAE was incorporated on 23 September 2025 as a Private limited company.1 The registered office was moved to Liege in 2026.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 26-08-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€4,846
Total assets
€31,282
Net result
€1,846
Working capital
-€11,007

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

Balance-sheet composition
Assets €31,282
Fixed assets €16,061
Current assets €15,221
Equity and liabilities €31,282
Equity €4,846
Debt €26,435
Debt finances 84.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3,265
Cash flow
€2,361
Current ratio
0.58
Quick ratio
0.51
Debt to equity
5.45
ROE
38.1%
ROA
5.9%
Interest coverage
7.36
Debt ≤ 1 year
€26,228
Income taxes
€467
Staff costs
€10,380

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,390 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€31,282
Fixed assets21/28€16,061
Intangible fixed assets21€1,436
Tangible fixed assets22/27€8,625
Other tangible fixed assets26€8,625
Financial fixed assets28€6,000
Current assets29/58€15,221
Stocks and contracts in progress3€1,883
Stocks30/36€1,883
Amounts receivable within one year40/41€969
Other amounts receivable41€969
Cash at bank and in hand54/58€12,370
Equity and liabilities
Total equity and liabilities10/49€31,282
Equity10/15€4,846
Contributions10/11€3,000
Profit (loss) carried forward14€1,846
Amounts payable17/49€26,435
Amounts payable within one year42/48€26,228
Trade debts44€3,941
Suppliers440/4€3,941
Taxes, remuneration and social security45€8,706
Taxes450/3€4,332
Remuneration and social security454/9€4,374
Other amounts payable47/48€13,581
Accrued charges and deferred income492/3€208
Income statement Code2025
Remuneration, social security and pensions62€10,380
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€515
Other operating charges640/8€1,317
Gross operating margin9900€14,962
Operating profit (loss)9901€2,751
Financial income75/76B€7
Recurring financial income75€7
Financial charges65/66B€444
Recurring financial charges65€444
Profit (loss) for the period before taxes9903€2,313
Income taxes67/77€467
Profit (loss) for the period9904€1,846
Profit (loss) for the period to be appropriated9905€1,846
Appropriation of the result
Profit (loss) to be appropriated9906€1,846

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€10,380
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€515
Other operating charges640/8€1,317
Gross operating margin9900€14,962
Operating profit (loss)9901€2,751
Financial income75/76B€7
Recurring financial income75€7
Financial charges65/66B€444
Recurring financial charges65€444
Profit (loss) for the period before taxes9903€2,313
Income taxes67/77€467
Profit (loss) for the period9904€1,846
Profit (loss) for the period to be appropriated9905€1,846
Line2025
Assets
Total assets20/58€31,282
Fixed assets21/28€16,061
Intangible fixed assets21€1,436
Tangible fixed assets22/27€8,625
Other tangible fixed assets26€8,625
Financial fixed assets28€6,000
Current assets29/58€15,221
Stocks and contracts in progress3€1,883
Stocks30/36€1,883
Amounts receivable within one year40/41€969
Other amounts receivable41€969
Cash at bank and in hand54/58€12,370
Equity and liabilities
Total equity and liabilities10/49€31,282
Equity10/15€4,846
Contributions10/11€3,000
Profit (loss) carried forward14€1,846
Amounts payable17/49€26,435
Amounts payable within one year42/48€26,228
Trade debts44€3,941
Suppliers440/4€3,941
Taxes, remuneration and social security45€8,706
Taxes450/3€4,332
Remuneration and social security454/9€4,374
Other amounts payable47/48€13,581
Accrued charges and deferred income492/3€208
Line2025
Profit (loss) for the period9904€1,846
+ Depreciation and write-downs630€515
Operating cash flow (approximation)€2,361

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
State Gazette act Registered office
Shareholding · Registered-office move4 facts ▸
  • General meeting, 10-08-2026
  • Shareholding, 10-08-2026, parts sociales
  • Shareholding, 10-08-2026, parts sociales
  • Registered-office move, Rue des Augustins 1, 4000 LIEGE
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2026
seat establishment The establishment unit on the map
Ground area
91 m²
Building footprint
91 m²
Volume, LiDAR
1,584 m³
Parcel 62803B0201/00F003, Wallonia · tallest building 23.8 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Rue des Augustins 1, 4000 Liège
Full-service restaurants
since 20262.388.355.675
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62803B0201/00F003 Wallonia 91 m² 1 · 91 m² 23.8 m · 5 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.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 26-08-2026 ↗
  • Alain GEUKENNE 50 shares
  • Stéphanie RUELLE 50 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Liège2.388.355.675
1 permission
Toelating · Eetgelegenheid · since 04-05-2026

Similar companies · same sector, comparable size

Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 2,768 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
Founded23-09-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
56120Mobile food service activities
56309Food and beverage service activities
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1027972445
Registered 02-01-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.