STELLAR BRAINS
ActiveSummary
For STELLAR BRAINS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €10,629 and a net result of €537. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 3391 sector peers (fiscal year 2022). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability43▼-27
Solvency68▲+4
Growth55▼-3
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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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 2022Solvency, return and age of the figures
Solvency
42.8%
Return on assets
2.2%
Age of the figures
48 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 30-05-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
30 d late
2021
25 d late
2020
31 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€90,650▲ 4.7%
2021 · €86,619
EBIT margin
1.1%▼ 3.3pp
2021 · 4.4%
Net result
€537▼ 80.9%
2021 · €2,809
Working capital
€18,898▲ 87.2%
2021 · €10,093
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Turnover€86,619€90,650▲ 4.7%
Operating result-€6,446-€2,550€3,785▲ 48.4%€1,009▼ 73.3%
Net result-€7,609--€9,085below the sector's middle half▼ 19.4%€2,809within the sector's middle half€537within the sector's middle half▼ 80.9%
EBIT margin4.4%1.1%▼ 3.3pp
Equity€16,368-€7,283below the sector's middle half▼ 55.5%€10,093below the sector's middle half▲ 38.6%€10,629within the sector's middle half▲ 5.3%
Total assets€23,568-€20,895below the sector's middle half▼ 11.3%€25,903below the sector's middle half▲ 24.0%€24,814below the sector's middle half▼ 4.2%
Debt€7,200-€13,612▲ 89.1%€15,810▲ 16.2%€14,185▼ 10.3%
Working capital€13,031-€5,546within the sector's middle half▼ 57.4%€10,093within the sector's middle half▲ 82.0%€18,898within the sector's middle half▲ 87.2%
Solvency69.5%-34.9%within the sector's middle half▼ 34.6pp39.0%within the sector's middle half▲ 4.1pp42.8%within the sector's middle half▲ 3.9pp
Current ratio2.81-1.41within the sector's middle half▼ 1.401.64within the sector's middle half▲ 0.234.19above the sector's middle half▲ 2.56
Return on assets (ROA)-32.3%--43.5%below the sector's middle half▼ 11.2pp10.8%within the sector's middle half▲ 54.3pp2.2%within the sector's middle half▼ 8.7pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 73% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €24,814
Equity
€10,629 ▲ 5.3%
Debt
€14,185 ▼ 10.3%
Debt's share of the balance-sheet total falls from 61.0% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.33▼
2021 · 1.57
ROE
5.0%▼
2021 · 27.8%
Debt ≤ 1 year
€5,916▼
2021 · €15,810
Debt > 1 year
€8,269
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €86,619 | €90,650 | ▲ 4.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €91,204 | €109,676 | ▲ 20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,034 | €1,600 | €1,737 | - | - |
| Other operating charges640/8 | - | - | €1,880 | €1,161 | ▼ 38.3% |
| Gross operating margin9900 | €2,796 | €9,472 | €7,403 | €2,170 | ▼ 70.7% |
| Operating profit (loss)9901 | -€6,446 | €2,550 | €3,785 | €1,009 | ▼ 73.3% |
| Financial income75/76B | - | - | €75 | €33 | ▼ 56.8% |
| Recurring financial income75 | - | €157 | €75 | €33 | ▼ 56.8% |
| Financial charges65/66B | - | - | €398 | €506 | ▲ 27.1% |
| Recurring financial charges65 | €1,163 | €1,888 | €398 | €506 | ▲ 27.1% |
| Profit (loss) for the period before taxes9903 | -€7,609 | €820 | €3,463 | €537 | ▼ 84.5% |
| Income taxes67/77 | - | €9,905 | €653 | - | - |
| Profit (loss) for the period9904 | -€7,609 | -€9,085 | €2,809 | €537 | ▼ 80.9% |
| Profit (loss) for the period to be appropriated9905 | -€7,609 | -€9,085 | €2,809 | €537 | ▼ 80.9% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,568 | €20,895 | €25,903 | €24,814 | ▼ 4.2% |
| Formation expenses20 | €194 | - | €0 | €0 | - |
| Fixed assets21/28 | €3,144 | €1,737 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3,144 | €1,737 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €0 | €0 | - |
| Current assets29/58 | €20,231 | €19,158 | €25,903 | €24,814 | ▼ 4.2% |
| Amounts receivable within one year40/41 | €18,192 | €16,987 | €8,800 | €17,826 | ▲ 103% |
| Trade receivables40 | - | - | €0 | €7,513 | - |
| Other amounts receivable41 | - | - | €8,800 | €10,313 | ▲ 17.2% |
| Cash at bank and in hand54/58 | €2,039 | €1,578 | €17,103 | €6,989 | ▼ 59.1% |
| Deferred charges and accrued income490/1 | - | - | €0 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,568 | €20,895 | €25,903 | €24,814 | ▼ 4.2% |
| Equity10/15 | €16,368 | €7,283 | €10,093 | €10,629 | ▲ 5.3% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,308 | -€777 | €2,033 | €2,569 | ▲ 26.4% |
| Amounts payable17/49 | €7,200 | €13,612 | €15,810 | €14,185 | ▼ 10.3% |
| Amounts payable after more than one year17 | - | - | - | €8,269 | - |
| Financial debts170/4 | - | - | - | €8,269 | - |
| Amounts payable within one year42/48 | €7,200 | €13,612 | €15,810 | €5,916 | ▼ 62.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,918 | - |
| Trade debts44 | €3,803 | €5,622 | €13,338 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €1,238 | - | - |
| Bills of exchange payable441 | - | - | €12,100 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €2,472 | €3,998 | ▲ 61.8% |
| Taxes450/3 | - | - | €2,472 | €3,998 | ▲ 61.8% |
| Remuneration and social security454/9 | - | - | €0 | €0 | - |
| Other amounts payable47/48 | - | - | €0 | €0 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,609 | -€9,085 | €2,809 | €537 | ▼ 80.9% |
| + Depreciation and write-downs630 | €7,034 | €1,600 | €1,737 | - | - |
| Operating cash flow (approximation) | -€575 | -€7,485 | €4,547 | €537 | ▼ 88.2% |
| Investment in fixed assets (approximation) | - | -€194 | €0 | €0 | - |
| Change in cash | - | -€461 | €15,525 | -€10,114 | ▼ 165% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
Financial
Liquidity triplescurrent ratio 4.19
Current ratio from 1.64 to 4.19; short-term debt falls from €15,810 to €5,916.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-09
Financial
Back to profitnet €2,809
Net result €2,809 after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Weakest financial yearnet -€9,085
Net result drops to -€9,085, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Hannut · 1 establishment unit since 2015
Ground area
2,898 m²
Building footprint
243 m²
Volume, LiDAR
963 m³
2 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STELLAR BRAINS
since 20152.246.280.270
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25089B0283/00K000 | Wallonia | 2,030 m² | 1 · 135 m² | 9.5 m · 2 fl. |
| 64432A0286/00G000 | Wallonia | 868 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Good to know
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 6,288 companies in sector 74120 we hold annual accounts for 1,010. 738 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2015
Fiscal year end30-09
Activities, NACEBEL 2025
74120Graphic design and visual communication
63910Web portal activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0639845355
Registered
22-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.