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STELIMO

Active
Public limited companyfounded 200620 yrs activeGrijpenlaan 19, 3300 Tienen, BelgiumKBO/BCE: BE 0882.120.671
Summary

STELIMO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.6m) and a net result of -€631. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 5% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.9% 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 · 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
Age of the figures
Age of the figures
13 mo
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 20 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192122232425
2019 to 2025 · latest year -€1.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
6 d early
2023
2 d early
2022
58 d early
2021
56 d early
2020
75 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-08-2026 close27-09-2026 today31-03-2027 deadline
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

STELIMO was incorporated on 16 June 2006.1 Revenue fell from EUR 4.8 million in 2019 to EUR 1,336 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2025, abbreviated schema

Turnover
€1,336▼ 100.0%
2022 · €3.4m
EBIT margin
452.5%▲ 448.6pp
2022 · 3.9%
Net result
-€631
2024 · €1,248
Working capital
-€326,399▼ 0.2%
2024 · -€325,768
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
Turnover€423,400-€3.4m▲ 701%€1,336▼ 100.0%
Operating result-€388,439-€131,458€6,045▼ 95.4%-€4,822-€307▲ 93.6%
Net result-€496,414-€86,513-€41,162€1,248-€631
EBIT margin-91.7%-3.9%▲ 95.6pp452.5%▲ 448.6pp
Equity-€1.7m--€1.6m▲ 5.2%-€1.6m▼ 2.6%-€1.6m▲ 0.1%-€1.6m=
Total assets€143,344-€187,852▲ 31.0%€6,365▼ 96.6%€988▼ 84.5%€3,803▲ 285%
Debt€1.8m-€1.8m▼ 2.3%€1.6m▼ 7.9%€1.6m▼ 0.4%€1.6m▲ 0.2%
Working capital-€320,890--€160,855▲ 49.9%-€327,016▼ 103%-€325,768▲ 0.4%-€326,399▼ 0.2%
Staff (FTE)0-0
Why a figure moved sharply
  • 2023 Turnover -100%, Total assets -97% on 2022. Cause not known from the registers.
  • 2022 Turnover +701% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2021: -€388,439-€388,439Net result 2021: -€496,414-€496,414Operating result 2022: €131,458€131,458Net result 2022: €86,513€86,513Operating result 2023: €6,045€6,045Net result 2023: -€41,162-€41,162Operating result 2024: -€4,822-€4,822Net result 2024: €1,248€1,248Operating result 2025: -€307-€307Net result 2025: -€631-€63120212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: €6,045€6,050Net result 2023: -€41,162-€41,200Operating result 2024: -€4,822-€4,820Net result 2024: €1,248€1,250Operating result 2025: -€307-€307Net result 2025: -€631-€631202320242025
The operating result stays negative: a loss of €307 in 2025 against €4,822 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€330,202▲
2024 · €326,756
Debt > 1 year
€1.3m=
2024 · €1.3m
Ratios withheld: a balance sheet total of €3,803 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 6,640 companies that looked in July 2024 the way this one looks now, 4.1% 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
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,058 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 6,640 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 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€988€3,803▲
Current assets29/58€988€3,803▲
Amounts receivable within one year40/41€0€3,629▲
Trade receivables40-€3,594
Other amounts receivable41€0€35▲
Cash at bank and in hand54/58€988€174▼
Equity and liabilities
Total equity and liabilities10/49€988€3,803▲
Equity10/15-€1.6m-€1.6m=
Contributions10/11€465,000€465,000=
Capital10€465,000€465,000=
Issued capital100€465,000€465,000=
Reserves13€6,500€6,500=
Non-distributable reserves130/1€6,500€6,500=
Legal reserve130€6,500€6,500=
Profit (loss) carried forward14-€2.1m-€2.1m=
Amounts payable17/49€1.6m€1.6m▲
Amounts payable after more than one year17€1.3m€1.3m=
Financial debts170/4€1.3m€1.3m=
Amounts payable within one year42/48€326,756€330,202▲
Trade debts44€1,756€3,852▲
Suppliers440/4€1,756€3,852▲
Other amounts payable47/48€325,000€326,350▲
Income statement Code20242025
Non-recurring operating income76A€0-
Other operating charges640/8€384€389▲
Gross operating margin9900-€4,437€82▲
Operating profit (loss)9901-€4,822-€307▲
Financial charges65/66B-€6,070€324▲
Recurring financial charges65-€6,070€324▲
Profit (loss) for the period before taxes9903€1,248-€631▼
Profit (loss) for the period9904€1,248-€631▼
Profit (loss) for the period to be appropriated9905€1,248-€631▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2.1m-€2.1m=
Profit (loss) brought forward from the previous period14P-€2.1m-€2.1m▲
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€3.6m€12,459---
Turnover70€423,400€3.4m€1,336---
Other operating income74-€50,429€0---
Non-recurring operating income76A-€131,004€11,123€0--
Operating charges60/66A-€3.4m€6,413---
Goods for resale, raw materials and consumables60-€3.4m€0---
Purchases600/8-€3.4m€0---
Change in stocks: decrease (increase)609-€0----
Services and other goods61-€32,204€4,562---
Remuneration, social security and pensions62-€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,113€0----
Other operating charges640/8-€26,788€1,852€384€389▲ 1.2%
Non-recurring operating charges66A-€22,283€0---
Gross operating margin9900----€4,437€82▲ 102%
Operating profit (loss)9901-€388,439€131,458€6,045-€4,822-€307▲ 93.6%
Financial income75/76B-€5,206€0---
Recurring financial income75€4,520€4,093€0---
Income from financial fixed assets750-€4,093€0---
Other financial income752/9-€0€0---
Non-recurring financial income76B-€1,113€0---
Financial charges65/66B-€50,150€47,207-€6,070€324▲ 105%
Recurring financial charges65€112,495€50,150€47,207-€6,070€324▲ 105%
Debt charges650€107,313€49,900€46,931---
Other financial charges652/9-€251€276---
Profit (loss) for the period before taxes9903-€496,414€86,513-€41,162€1,248-€631▼ 151%
Income taxes67/77€0-----
Profit (loss) for the period9904-€496,414€86,513-€41,162€1,248-€631▼ 151%
Profit (loss) for the period to be appropriated9905-€496,414€86,513-€41,162€1,248-€631▼ 151%
Line20212022202320242025Change
Assets
Total assets20/58€143,344€187,852€6,365€988€3,803▲ 285%
Fixed assets21/28€75,402€0----
Tangible fixed assets22/27€22,283€0----
Plant, machinery and equipment23-€0----
Other tangible fixed assets26-€0----
Financial fixed assets28€53,119€0----
Affiliated companies280/1-€0----
Participating interests280-€0----
Other financial fixed assets284/8-€0----
Amounts receivable and cash guarantees285/8-€0----
Current assets29/58€67,942€187,852€6,365€988€3,803▲ 285%
Stocks and contracts in progress3€0€0€0---
Amounts receivable within one year40/41€19,775€14,849€216€0€3,629-
Trade receivables40-€14,842€0-€3,594-
Other amounts receivable41-€7€216€0€35-
Cash at bank and in hand54/58€46,112€172,973€6,148€988€174▼ 82.4%
Deferred charges and accrued income490/1-€30€0---
Equity and liabilities
Total equity and liabilities10/49€143,344€187,852€6,365€988€3,803▲ 285%
Equity10/15-€1.7m-€1.6m-€1.6m-€1.6m-€1.6m=
Contributions10/11€465,000€465,000€465,000€465,000€465,000=
Capital10-€465,000€465,000€465,000€465,000=
Issued capital100-€465,000€465,000€465,000€465,000=
Reserves13€6,500€6,500€6,500€6,500€6,500=
Non-distributable reserves130/1-€6,500€6,500€6,500€6,500=
Legal reserve130-€6,500€6,500€6,500€6,500=
Profit (loss) carried forward14-€2.1m-€2.1m-€2.1m-€2.1m-€2.1m=
Amounts payable17/49€1.8m€1.8m€1.6m€1.6m€1.6m▲ 0.2%
Amounts payable after more than one year17€1.4m€1.4m€1.3m€1.3m€1.3m=
Financial debts170/4-€1.4m€1.3m€1.3m€1.3m=
Subordinated loans170-€1.4m€1.3m---
Amounts payable within one year42/48€388,832€348,707€333,381€326,756€330,202▲ 1.1%
Trade debts44€56,986€23,707€8,381€1,756€3,852▲ 119%
Suppliers440/4-€23,707€8,381€1,756€3,852▲ 119%
Taxes, remuneration and social security45-€0----
Taxes450/3-€0----
Other amounts payable47/48-€325,000€325,000€325,000€326,350▲ 0.4%
Accrued charges and deferred income492/3-€0----
Line20212022202320242025Change
Profit (loss) for the period9904-€496,414€86,513-€41,162€1,248-€631▼ 151%
+ Depreciation and write-downs630€24,113€0----
Operating cash flow (approximation)-€472,301€86,513-€41,162€1,248-€631▼ 151%
Investment in fixed assets (approximation)-€75,402----
Change in cash-€126,861-€166,825-€5,160-€814▲ 84.2%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-03-2027
2026
31-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
Financial Back to profitnet €1,248
Net result €1,248 after one loss-making year.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
01-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
Financial Back to profitnet €86,513
Net result €86,513 after 2 loss-making years.
03-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial Weakest financial yearnet -€496,414
Net result drops to -€496,414, the lowest in the series; recovery starts the following year.
15-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
27-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
27-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
19-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2013
05-06
State Gazette act Incorporation · Founding capital
Share issue · Director appointment · Isabelle MOSTAERT
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts

We know of 16 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
16 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, Tienen · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
3.3 ha
Building footprint
1.1 ha
Volume, LiDAR
132,268 m³
Parcel 24592F0056/00A002, Flanders · tallest building 18.4 m, ±4 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
STELIMO NV
Grijpenlaan 19, 3300 TienenNACE 50101
since 20062.154.918.544
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24592F0056/00A002 Flanders 3.3 ha 1 · 1.1 ha 18.4 m · 4 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

Part of the group JVMS 8 companies Group, risk and exposure

Owners and holdings

2 owners

Chain of control

  1. JVMS 86.25%
  2. CAFIMO 99.5%
  3. STELIMO

Highest known parent: JVMS. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-08-2025 list no holdings, and no other source names one.

According to the annual accounts to 31-08-2025 of STELIMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

8755007IN4U93K90JW47
no longer live in the LEI register

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,129 companies in sector 46711 we hold annual accounts for 1,128. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-06-2006
Fiscal year end31-08
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0882120671
Registered 31-12-2025

Register as of 27 September 2026 · Peppol Directory

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