Equity
€20,405 from €184,747 in 2020
Equity fell by 89% in 5 years.
Stellar Projects
Lifetime
8 annual accounts with figures on one time axispeak €112,238 (2021)
€89,199▲ 0.3%
peak €81,215 (2021)
€62,601▲ 2.4%
peak €184,747 (2020)
€20,405unchanged
€156,861▲ 44.5%
Board2 names since 2018
1 directorSCHERPEREEL Andy Oscar Anna
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Dividend €62,601Debts from €108,575 to €156,861Cash from €31,986 to €110,046
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 43% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.4%▼ -0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €20,405 (11.5% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 0.96, cash €110,046
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 17% of them on solvency, 32% on liquidity, 82% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Stellar Projects has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Stellar Projects itself is lower: 0.3% within 12 months. It rests on far more data about Stellar Projects than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for Stellar Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (0.96 in 2024), below 1. Short-term debt is 88.4% and cash 62.1% of total assets. 88.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 16%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 days early
2024
60 days late
2023
30 days late
2022
12 days early
2021
61 days early
2020
33 days early
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0701648510
Registered office moved to Gentbrugge
New registered office: Jules Destréelaan 21, 9050 Gentbrugge · Board meeting of 15-10-2024 · Gazette deed
Incorporation
Founder: SCHERPEREEL Andy Oscar Anna · Founding capital of €18,550, 1,000 shares, €12,400 paid up · Appointment: SCHERPEREEL Andy Oscar Anna (manager) · published on 24-08-2018 · Gazette deed
First establishment
Jules Destréelaan 21, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Stellar Projects Ghent | €177,266 | €89,199 | 11.5% | - |
| Cynek Haaltert | €175,048 | €79,806 | 65.6% | - |
| VANBOGBA Temse | €171,335 | €99,958 | 93.1% | - |
| AppBuilders Oudenaarde | €157,434 | €95,899 | 24.8% | - |
| Tree53 Dendermonde | €198,337 | €97,077 | 45.3% | 1.2 |
| XYNIOS Denderleeuw | €153,142 | €88,249 | 16.8% | - |
| Picoul Ixelles | €167,559 | €95,428 | 3.7% | - |
These companies have the same main activity as Stellar Projects: computer programming (NACE 62100). They are comparable in size and age: total assets between €153,000 and €198,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 22-08-2018Normal situation
- Activity
- Computer programmingNACE 62100and 6 others
- Establishment unit
- 2.280.058.7399050 Ghent, since 22-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Annual accounts 2025
- ≈ €210,000estimated
- €177,266▲ 37.4%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on Stellar Projects
Stellar Projects files the micro format. That format states no turnover. The gross margin rose from €27,465 in 2018 to €89,199 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Stellar Projects
- What is the company number of Stellar Projects?
- The company number of Stellar Projects is 0701.648.510. The VAT number is the same number with BE in front: BE 0701.648.510.
- Where is Stellar Projects based?
- The registered office is at Jules Destréelaan 21, 9050 Ghent.Company details
- What does Stellar Projects do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Stellar Projects?
- Stellar Projects is a private limited company (pre-2019) (BVBA).
- When was Stellar Projects founded?
- Stellar Projects was founded on 22-08-2018.
- Is Stellar Projects still active?
- Yes, Stellar Projects is an active enterprise in the KBO register.
- What is the turnover of Stellar Projects?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €89,199 and 41 comparable companies (NACE 62100). It probably lies between €170,000 and €270,000.Financials
- Is Stellar Projects profitable?
- In financial year 2025, Stellar Projects made a profit of €62,601.
- Where can I find the annual accounts of Stellar Projects?
- Stellar Projects filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Stellar Projects due?
- Stellar Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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