Financials
- Fiscal year
- 2024
- Total assets
- €3.4m
- Loss
- -€212,403
- Solvency
- -17.3%
Total assets▼ 9.7%
Net result
20182024
STELIEFORM
ActiveSummary
STELIEFORM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€590,966) and a net result of -€212,403. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 304 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004NACE 31091
#5 company by staff growth in West Flanders, Furniture sector1 site
How big
€3.4mtotal assets 2024
- Staff
- 26.2 FTE
- Equity
- -€590,966
- Loss
- -€212,403
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue1 of 9 deeds read
Why 33- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability24▲+10
Solvency8▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.65 in 2023; short-term debt: 55.8% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-17.3%
Return on assets
-6.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€590,966
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 19-07-2025, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
12 d early
2023
10 d early
2022
75 d early
2021
9 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
- Capital & shares · Statutes amendmentAuditor report · Declaration ·…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€590,966 View
- Caution: Among the weakest 5% on net resultsector median €18,899 · 304 companies -€212,403 View
- Caution: Equity fell in 2024from -€378,563 to -€590,966 ▼ 56.1% View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€212,403 View
By topic
Timeline
- Events
- 13
- Since
- 2016
- 13-05-2026Capital & shares · Statutes amendment
- 19-07-2025Annual accounts filed
- 21-07-2024Annual accounts filed
Support & recognitions
- Funding sources
- 1
- Recognitions
- 1 register
- Flemish government
- €30,501awarded · 2022 - 2023
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of dining room, living room, bedroom and…NACE 31004
- Founded
- 09-06-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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