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STELCO

Active
Private limited company (pre-2019)founded 199531 yrs activeItegembaan 42, 2590 Berlaar, BelgiumKBO/BCE: BE 0455.052.536
Summary

STELCO has been active since 1995 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€3,744) and a net result of -€112. Equity is shrinking by ~8.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record92
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3,744
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 14-06-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
47 d early
2024
45 d early
2023
14 d early
2022
59 d late
2021
23 d late
2020
on the day
2019
81 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Checked, nothing found (1)
neutral · 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. Usually files around 18 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline

History

STELCO was incorporated on 19 April 1995.1 The company has filed 26 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€3,744▼ 3.1%
2024 · -€3,633
Total assets
€0=
2024 · €0
Net result
-€112▲ 79.8%
2024 · -€553
Working capital
-€3,255▼ 14.2%
2024 · -€2,850
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€177▼ 2.3%-€307▼ 73.4%-€194▲ 36.7%-€553▼ 185%-€112▲ 79.8%
Net result-€177▼ 2.3%-€307▼ 73.4%-€194▲ 36.7%-€553▼ 185%-€112▲ 79.8%
Equity-€2,578▼ 7.4%-€2,885▼ 11.9%-€3,079▼ 6.7%-€3,633▼ 18.0%-€3,744▼ 3.1%
Total assets€1=€1=€1=€0▼ 99.0%€0=
Debt€2,579▲ 7.4%€2,886▲ 11.9%€3,080▲ 6.7%€3,633▲ 17.9%€3,744▲ 3.1%
Working capital-€2,054▼ 9.2%-€2,333▼ 13.6%-€2,646▼ 13.4%-€2,850▼ 7.7%-€3,255▼ 14.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600-€400-€200€0Operating result 2021: -€177-€177Net result 2021: -€177-€177Operating result 2022: -€307-€307Net result 2022: -€307-€307Operating result 2023: -€194-€194Net result 2023: -€194-€194Operating result 2024: -€553-€553Net result 2024: -€553-€553Operating result 2025: -€112-€112Net result 2025: -€112-€11220212022202320242025-€600-€400-€200€0Operating result 2023: -€194-€194Net result 2023: -€194-€194Operating result 2024: -€553-€553Net result 2024: -€553-€553Operating result 2025: -€112-€112Net result 2025: -€112-€112202320242025
The operating result stays negative: a loss of €112 in 2025 against €553 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€3,255▲
2024 · €2,850
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 6,622 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 against 2024 · 22 lines
Balance sheet Code20242025
Assets
Total assets20/58€0€0=
Current assets29/58€0€0=
Amounts receivable within one year40/41€0€0=
Other amounts receivable41€0€0=
Equity and liabilities
Total equity and liabilities10/49€0€0=
Equity10/15-€3,633-€3,744▼
Contributions10/11€18,964€18,964=
Reserves13€2,962€2,962=
Non-distributable reserves130/1€2,962€2,962=
Reserves not available under the articles1311€2,962€2,962=
Profit (loss) carried forward14-€25,559-€25,670▼
Amounts payable17/49€3,633€3,744▲
Amounts payable within one year42/48€2,850€3,255▲
Other amounts payable47/48€2,850€3,255▲
Accrued charges and deferred income492/3€783€489▼
Income statement Code20242025
Other operating charges640/8€553€112▼
Operating profit (loss)9901-€553-€112▲
Profit (loss) for the period before taxes9903-€553-€112▲
Profit (loss) for the period9904-€553-€112▲
Profit (loss) for the period to be appropriated9905-€553-€112▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,559-€25,670▼
Profit (loss) brought forward from the previous period14P-€25,005-€25,559▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€177€307€194€553€112▼ 79.8%
Operating profit (loss)9901-€177-€307-€194-€553-€112▲ 79.8%
Profit (loss) for the period before taxes9903-€177-€307-€194-€553-€112▲ 79.8%
Profit (loss) for the period9904-€177-€307-€194-€553-€112▲ 79.8%
Profit (loss) for the period to be appropriated9905-€177-€307-€194-€553-€112▲ 79.8%
Line20212022202320242025Change
Assets
Total assets20/58€1€1€1€0€0=
Current assets29/58€1€1€1€0€0=
Amounts receivable within one year40/41€1€1€1€0€0=
Other amounts receivable41€1€1€1€0€0=
Equity and liabilities
Total equity and liabilities10/49€1€1€1€0€0=
Equity10/15-€2,578-€2,885-€3,079-€3,633-€3,744▼ 3.1%
Contributions10/11€18,964€18,964€18,964€18,964€18,964=
Reserves13€2,962€2,962€2,962€2,962€2,962=
Non-distributable reserves130/1€2,962€2,962€2,962€2,962€2,962=
Reserves not available under the articles1311€2,962€2,962€2,962€2,962€2,962=
Profit (loss) carried forward14-€24,505-€24,811-€25,005-€25,559-€25,670▼ 0.4%
Amounts payable17/49€2,579€2,886€3,080€3,633€3,744▲ 3.1%
Amounts payable within one year42/48€2,055€2,334€2,647€2,850€3,255▲ 14.2%
Other amounts payable47/48€2,055€2,334€2,647€2,850€3,255▲ 14.2%
Accrued charges and deferred income492/3€524€552€434€783€489▼ 37.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€177-€307-€194-€553-€112▲ 79.8%
Operating cash flow (approximation)-€177-€307-€194-€553-€112▲ 79.8%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€553
Net result drops to -€553, the lowest in the series; recovery starts the following year.
07-08
KBO administration UBO non-compliance
event 22-07-2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 81 days late
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Berlaar
exact location from the address register On OpenStreetMap
Ground area
980 m²
Building footprint
241 m²
Volume, LiDAR
3 m³
Parcel 12002B0253/00B002, Flanders · tallest building 2.3 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12002B0253/00B002 Flanders 980 m² 1 · 241 m² 2.3 m
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-04-1995
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0455052536
Also 9925:BE0455052536
Registered 26-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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