STELLA MAY
ActiveSTELLA MAY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-2k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+28
Solvency54▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.18 in 2024; short-term debt: 70.6% and cash: 6.9% of total assets), and 70.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
29.4%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-2k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
12 d late
2023
26 d late
2022
21 d late
2021
18 d late
2020
31 d late
2019
10 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 5.7%
2024 · €28k
2018: €13k
2019: €35k
2020: €57k
2021: €61k
2022: €71k
2023: €71k
2024: €28k
2018 → 2025
Total assets
€89k▼ 3.3%
2024 · €92k
2018: €108k
2019: €103k
2020: €133k
2021: €116k
2022: €98k
2023: €98k
2024: €92k
2018 → 2025
Net result
€-2k▲ 96.3%
2024 · €-43k
2018: €752
2019: €28k
2020: €22k
2021: €3k
2022: €10k
2023: €538
2024: €-43k
2018 → 2025
Working capital
€13k▲ 13.2%
2024 · €12k
2018: €22k
2019: €40k
2020: €57k
2021: €47k
2022: €51k
2023: €53k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€71k▲ 16.4%€71k▲ 0.8%€28k▼ 60.8%€26k▼ 5.7%
Operating result€7k-€20k▲ 161%€7k▼ 66.3%€-38k€4k
Net result€3k-€10k▲ 187%€538▼ 94.6%€-43k€-2k▲ 96.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€13k▼ 19.2%
Current assets
€76k▲ 0.1%
Equity and liabilities €89k
Equity
€26k▼ 5.7%
Debt
€63k▼ 2.2%
The debt ratio rises from 69.8% to 70.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-34k
Cash flow
€2k▲
2024 · €-39k
Solvency
29.4%▼
2024 · 30.2%
Current ratio
1.21▲
2024 · 1.18
Quick ratio
0.16▲
2024 · 0.12
Debt / equity
2.40▲
2024 · 2.31
ROE
-6.0%▲
2024 · -155.2%
ROA
-1.8%▲
2024 · -46.8%
Interest coverage
1.33▲
2024 · -6.97
Debt
€63k▼
2024 · €64k
Debt ≤ 1 year
€63k▼
2024 · €64k
Income taxes
€132▲
2024 · €128
Staff costs
€43k▼
2024 · €54k
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€92k€89k▼
Fixed assets21/28€16k€13k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€197-
Financial fixed assets28€4k€4k=
Current assets29/58€76k€76k▲
Stocks and contracts in progress3€68k€66k▼
Stocks30/36€68k€66k▼
Amounts receivable within one year40/41€3k€4k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€92k€89k▼
Equity10/15€28k€26k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€14k€12k▼
Amounts payable17/49€64k€63k▼
Amounts payable within one year42/48€64k€63k▼
Financial debts43€718-
Credit institutions430/8€718-
Trade debts44€9k€1k▼
Suppliers440/4€9k€1k▼
Taxes, remuneration and social security45€26k€15k▼
Taxes450/3€17k€12k▼
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48€29k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€54k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-23k-
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€244-
Gross operating margin9900€1k€54k▲
Operating profit (loss)9901€-38k€4k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-43k€-1k▲
Income taxes67/77€128€132▲
Profit (loss) for the period9904€-43k€-2k▲
Profit (loss) for the period to be appropriated9905€-43k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€12k▼
Profit (loss) brought forward from the previous period14P€57k€14k▼
The notes to these accounts (8 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-43k ▼8141%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial
Highest result since 2018net €28k ▲3557%
Operating result €40k, net result €28k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro 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, Habay · 1 establishment unit since 2017
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.
Rue de Rimbiery,H.-la-V. 646723 HabayGround area
1,784 m²
Building footprint
275 m²
Volume, LiDAR
876 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stella May
since 20172.269.851.963
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85015A0516/00F000 | Wallonia | 1,549 m² | 1 · 173 m² | - |
| 85014A0963/00K003 | Wallonia | 235 m² | 1 · 103 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,211 companies in sector 47711 we hold annual accounts for 889. 650 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2017
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47559Retail sale of other household articles
47599Retail trade
47715Retail trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:063/38.75.00