STELIE
ActiveSTELIE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.18M and a net result of €75k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 94% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 2.13 in 2024; short-term debt: 5% and cash: 2.1% of total assets), and 5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
95%
Return on assets
3.3%
Age of the figures
12 mo
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.18M
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
51 d early
2023
43 d early
2022
29 d early
2021
52 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.18M▲ 3.5%
2024 · €2.11M
2018: €1.81M
2019: €1.81M
2020: €1.82M
2021: €1.85M
2022: €1.89M
2023: €1.93M
2024: €2.11M
2018 → 2025
Total assets
€2.30M▼ 1.3%
2024 · €2.33M
2018: €2.30M
2019: €2.44M
2020: €2.44M
2021: €2.48M
2022: €2.64M
2023: €4.08M
2024: €2.33M
2018 → 2025
Net result
€75k▼ 59.2%
2024 · €183k
2018: €9k
2019: €2k
2020: €6k
2021: €30k
2022: €40k
2023: €40k
2024: €183k
2018 → 2025
Working capital
€344k▲ 38.5%
2024 · €249k
2018: €-429k
2019: €-358k
2020: €-265k
2021: €-156k
2022: €-38k
2023: €735k
2024: €249k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.85M-€1.89M▲ 2.2%€1.93M▲ 2.1%€2.11M▲ 9.5%€2.18M▲ 3.5%
Operating result€73k-€89k▲ 22.9%€95k▲ 6.8%€285k▲ 199%€128k▼ 55.2%
Net result€30k-€40k▲ 32.6%€40k▲ 0.4%€183k▲ 359%€75k▼ 59.2%
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 falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€1.84M▼ 1.1%
Current assets
€459k▼ 2.2%
Equity and liabilities €2.30M
Equity
€2.18M▲ 3.5%
Debt
€115k▼ 47.9%
The debt ratio falls from 9.5% to 5.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€227k▼
2024 · €377k
Cash flow
€174k▼
2024 · €275k
Solvency
95.0%▲
2024 · 90.5%
Current ratio
3.99▲
2024 · 2.13
Quick ratio
3.99▲
2024 · 2.13
Debt / equity
0.05▼
2024 · 0.10
ROE
3.4%▼
2024 · 8.7%
ROA
3.3%▼
2024 · 7.9%
Interest coverage
23.39▲
2024 · 22.82
Debt
€115k▼
2024 · €221k
Debt ≤ 1 year
€115k▼
2024 · €221k
Income taxes
€43k▼
2024 · €93k
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€2.33M€2.30M▼
Fixed assets21/28€1.86M€1.84M▼
Tangible fixed assets22/27€1.86M€1.84M▼
Land and buildings22€1.77M€1.70M▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€87k€137k▲
Financial fixed assets28€750€750=
Current assets29/58€469k€459k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€23k€10k▼
Trade receivables40€23k€10k▼
Current investments50/53€0€400k▲
Cash at bank and in hand54/58€447k€49k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.33M€2.30M▼
Equity10/15€2.11M€2.18M▲
Contributions10/11€1.62M€1.62M=
Capital10€1.62M€1.62M=
Issued capital100€1.65M€1.65M=
Uncalled capital101€34k€34k=
Reserves13€493k€568k▲
Non-distributable reserves130/1€165k€165k=
Legal reserve130€165k€165k=
Distributable reserves133€328k€403k▲
Amounts payable17/49€221k€115k▼
Amounts payable within one year42/48€221k€115k▼
Current portion of amounts payable after more than one year42€29k€0▼
Trade debts44€12k€13k▲
Suppliers440/4€12k€13k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€45k€11k▼
Taxes450/3€45k€11k▼
Other amounts payable47/48€135k€91k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€99k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€384k€232k▼
Operating profit (loss)9901€285k€128k▼
Financial income75/76B€8k€1▼
Recurring financial income75€8k€1▼
Financial charges65/66B€17k€10k▼
Recurring financial charges65€17k€10k▼
Profit (loss) for the period before taxes9903€277k€118k▼
Income taxes67/77€93k€43k▼
Profit (loss) for the period9904€183k€75k▼
Profit (loss) for the period to be appropriated9905€183k€75k▼
Appropriation of the result
Profit (loss) to be appropriated9906€183k€75k▼
Transfer to equity691/2€183k€75k▼
To other reserves6921€183k€75k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €183k ▲359%
Operating result €285k, net result €183k, both a record.
30-09
Financial
Equity above €2MEq €2.11M ▲9.5%
7 profitable years in a row build equity to €2.11M.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €2k ▼73.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gistel · 1 establishment unit since 2013
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.
Steenbakkerstraat 98470 GistelGround area
1,235 m²
Building footprint
357 m²
Volume, LiDAR
1,859 m³
Parcel 35005A0526/00C000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STELIE
since 20132.221.466.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005A0526/00C000 | Flanders | 1,235 m² | 1 · 357 m² | 9.4 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500W6NENYPOKJ9N88
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 2,574 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-06-2013
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.