STELL
ActiveSTELL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €18k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 1512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.78 against 10.91 in 2024; short-term debt: 20.6% and cash: 15.5% of total assets), and 21.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 59
Relative position
BE, all sectors
reference
Sector 59
lower
← 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
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
78.8%
Return on assets
5.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d early
2023
26 d early
2022
25 d early
2021
25 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€243k▼ 16.4%
2024 · €290k
2019: €214k
2020: €220k
2021: €211k
2022: €242k
2023: €283k
2024: €290k
2019 → 2025
Total assets
€308k▼ 3.9%
2024 · €321k
2019: €239k
2020: €242k
2021: €234k
2022: €270k
2023: €315k
2024: €321k
2019 → 2025
Net result
€18k▲ 161%
2024 · €7k
2019: €34k
2020: €6k
2021: €-8k
2022: €31k
2023: €41k
2024: €7k
2019 → 2025
Working capital
€239k▼ 15.9%
2024 · €285k
2019: €184k
2020: €197k
2021: €191k
2022: €229k
2023: €275k
2024: €285k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€211k-€242k▲ 14.9%€283k▲ 16.9%€290k▲ 2.4%€243k▼ 16.4%
Operating result€-7k-€40k€58k▲ 44.5%€10k▼ 81.9%€21k▲ 101%
Net result€-8k-€31k€41k▲ 31.1%€7k▼ 83.3%€18k▲ 161%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 101% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €308k
Fixed assets
€5k▼ 26.3%
Current assets
€303k▼ 3.3%
Equity and liabilities €308k
Equity
€243k▼ 16.4%
Debt
€65k▲ 116%
The debt ratio rises from 9.4% to 21.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€23k▲
2024 · €12k
Cash flow
€20k▲
2024 · €9k
Solvency
78.8%▼
2024 · 90.6%
Current ratio
4.78▼
2024 · 10.91
Quick ratio
4.77▼
2024 · 10.89
Debt / equity
0.27▲
2024 · 0.10
ROE
7.4%▲
2024 · 2.4%
ROA
5.8%▲
2024 · 2.1%
Interest coverage
13.46▲
2024 · 8.85
Debt
€65k▲
2024 · €30k
Debt ≤ 1 year
€63k▲
2024 · €29k
Income taxes
€7k▲
2024 · €3k
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€321k€308k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€218€0▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€313k€303k▼
Stocks and contracts in progress3€701€344▼
Stocks30/36€701€344▼
Amounts receivable within one year40/41€12k€60▼
Trade receivables40€7k€60▼
Other amounts receivable41€4k€0▼
Current investments50/53-€250k
Cash at bank and in hand54/58€298k€48k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€321k€308k▼
Equity10/15€290k€243k▼
Contributions10/11€6k€6k=
Reserves13€284k€237k▼
Distributable reserves133€284k€237k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€30k€65k▲
Amounts payable within one year42/48€29k€63k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€20k€53k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€370€686▲
Gross operating margin9900€13k€24k▲
Operating profit (loss)9901€10k€21k▲
Financial income75/76B€798€6k▲
Recurring financial income75€798€6k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€10k€25k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€7k€18k▲
Profit (loss) for the period to be appropriated9905€7k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€18k▲
Transfer from equity791/2-€65k
Transfer to equity691/2€7k€18k▲
To other reserves6921€7k€18k▲
Profit to be distributed694/7-€65k
Return on contributions (dividend)694-€65k
The notes to these accounts (4 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
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €41k ▲31.1%
Operating result €58k, net result €41k, both a record.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-8k ▼238%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
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, Ardooie · 1 establishment unit since 2006
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.
Cauwestraat 158850 ArdooieGround area
348 m²
Building footprint
138 m²
Parcel 36001A0999/00Y002, Flanders. Linked by address, not a title deed.
1 establishment unit
LAURA LYNN
since 20062.156.190.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0999/00Y002 | Flanders | 348 m² | 1 · 138 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,271 EUR awarded · 1,271 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,271 EUR | 1,271 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
UNDERDOG MEDIA
BE 0784.995.462
Brussel · Eq €251k
Les Editions Limitées
BE 0686.632.514
Brussel · Eq €254k
ATZEO
BE 0829.922.892
Sambreville · Eq €255k
E.H.S. PRODUCTIES
BE 0863.628.711
De Haan · Eq €269k
Team For Action
BE 0435.433.691
Ukkel · Eq €271k
Of 594 companies in sector 59203 we hold annual accounts for 195. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2006
Fiscal year end30-06
Activities, NACEBEL
22140
59203Motion picture, video and television programme production, sound recording and music publishing activities
58110Book publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.