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Stellar Projects

Active Private limited company (pre-2019)founded 2018active for 8 yearsJules Destréelaan 21, 9050 GhentKBO/BCE: BE 0701.648.510

Overview

Lifetime

8 annual accounts with figures on one time axis
peak €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
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 accounts

Equity

€20,405 from €184,747 in 2020

Equity fell by 89% in 5 years.

Debts

€156,861 88% of the balance sheet
Suppliers 1%Taxes and wages 26%Other 73%

Of this, €156,649 falls due within a year.

Filings

8 annual accounts 3 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 69 days after the end of the period.

Checked 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 strength
Strong

37-4equity 11.5% of total assets
51+16short-term debt 88.4% · cash 62.1%
100=return on assets 35.3%

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
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 0.96, cash €110,046
NBB · annual accounts
raises risk · Equity €20,405 (11.5% of total assets)
NBB · annual accounts
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 comparison
Position 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 filings
Deviation 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 months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • SCHERPEREEL Andy Oscar Anna founderdeed of 24-08-2018
Board & ownership

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
All 15 events

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
Company details

Annual accounts 2025

€89,199▲ 0.3%
≈ €210,000estimated
€62,601▲ 2.4%
€20,405=
€177,266▲ 37.4%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 15-07-2026, 16 days before the deadline
€89,199
▲ 0.3%
€80,931
▼ 0.2%
€62,601
▲ 2.4%
-€6,834
▼ €2,522
11.5%
▼ 4.3 percentage points
0.96
▼ 0.00

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €170,000 and €270,000.

Balance sheet

balance sheet total €177,266 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

11.5%

Higher than 16% of 21,208 companies in 2025.

0.96

Higher than 15% of 20,571 companies in 2025.

35.3%

Higher than 73% of 20,746 companies in 2025.

Stellar Projects Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 177,266128,980151,507126,096158,333251,189161,24664,996
21/28 27,45124,9247,7444,0597,28814,05517,25222,396
22/27 27,45124,9247,7444,0597,28814,05517,25222,396
23 5,4153,5011,5521,9524,0925,3793,0972,762
24 7,1864,8646,1922,1073,1968,67614,15519,634
26 14,84916,559------
29/58 149,815104,056143,763122,037151,045237,134143,99442,600
40/41 39,76947,07037,15850,93337,23927,23346,72426,266
40 32,08934,61524,70342,16337,22327,23345,15326,266
41 7,68012,45512,4558,77016-1,571-
54/58 110,04631,986106,20570,723113,397209,55696,92715,377
490/1 -25,000401381409344343957
Balance sheet: equity and liabilities
10/49 177,266128,980151,507126,096158,333251,189161,24664,996
10/15 20,40520,40520,40534,849116,064184,747110,46028,699
10/11 18,55018,55018,55018,55018,55018,55018,55012,400
100 ------18,55018,550
101 -------6,150
13 1,8551,8551,85516,29916,29916,29916,29916,299
130/1 1,8551,8551,8551,8551,8551,855--
130 ------1,8551,855
1311 1,8551,8551,8551,8551,8551,855--
133 ---14,44414,44414,44414,44414,444
14 ----81,215149,89875,611-
17/49 156,861108,575131,10291,24742,26966,44250,78636,297
17 -----4,2379,79415,246
170/4 -----4,2379,79415,246
42/48 156,649108,368131,10291,24740,18359,13539,16919,337
42 ----4,2375,5575,4525,349
44 1,6179,4888,8802,2041,8471,7962,300503
440/4 1,6179,4888,8802,2041,8471,7962,300503
45 40,10133,1928,28325,49030,32049,31028,26711,849
450/3 40,10133,1927,93322,15030,32049,31028,26711,849
454/9 --3503,339----
47/48 114,93165,688113,94063,5533,7782,4723,1511,635
492/3 212207--2,0863,0701,8231,714
Income statement
9900 89,19988,96263,03482,587112,238103,386107,28427,465
630 5,7593,4002,4595,7948,4847,9007,2512,729
640/8 2,5094,4951,4691,2961,1531,2331,934647
66A --2,107-----
9901 80,93181,06656,99975,497102,60194,25498,09924,089
75/76B 000-1,414900-
75 000-1,414900-
65/66B 784416381488494505497264
65 784416381488494505497264
9903 80,14880,65156,61875,009103,52193,83997,60123,825
67/77 17,54619,53612,55316,30722,30619,55321,1906,726
9904 62,60161,11544,06658,70281,21574,28676,41117,099
9905 62,60161,11544,06658,70281,21574,28676,41117,099
Appropriation of the result
9906 62,60161,11544,066139,917231,113149,89876,41117,099
14P ---81,215149,898---
791/2 --14,444-----
691/2 -------16,299
6920 -------1,855
6921 -------14,444
694/7 62,60161,11558,509139,917149,898-800800
694 62,60161,11558,509139,917149,898-800800
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 15-07-2026 2026-00295582 PDF
31-12-2024 micro format 29-09-2025 2025-00512649 PDF
31-12-2023 micro format 30-08-2024 2024-00414483 PDF
31-12-2022 micro format 19-07-2023 2023-00250710 PDF
31-12-2021 micro format 31-05-2022 2022-20039461 PDF
31-12-2020 micro format 28-06-2021 2021-25500478 PDF
31-12-2019 micro format 08-10-2020 2020-59900446 PDF
31-12-2018 micro format 03-06-2019 2019-15600024 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
86,69084,46759,45881,291111,085102,153105,34926,818
68,36064,51546,52564,49689,69982,18683,66219,827
8,28520,5818,2502,5651,7174,7022,10725,125
78,060-74,21935,481-42,673-96,160112,63081,550-
-6,834-4,31212,66130,790110,862177,999104,82523,264
11.5%15.8%13.5%27.6%73.3%73.5%68.5%44.2%
0.960.961.101.343.764.013.682.20
7.695.326.422.620.360.360.461.26
306.8%299.5%216.0%168.4%70.0%40.2%69.2%59.6%
35.3%47.4%29.1%46.6%51.3%29.6%47.4%26.3%
over 100over 100over 100over 100over 100---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€8,285€20,581€8,250€2,565€1,717
€5,759€3,400€2,459€5,794€8,484

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Stellar Projects

The operating result for 2025 is 0% lower than in 2024.

Debt's share of the balance-sheet total rises from 84.2% to 88.5%. Debt is higher.

Board & ownership

Board

1 director, no change since 2024
Manager
appointed by deed of 24-08-2018 term for the life of the company
listed in the 2025 annual accounts, filed on 15-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De vennootschap wordt bestuurd door één of meer bezoldigde of onbezoldigde lasthebbers, al dan niet vennoten, die zaakvoerders ge-noemd…”
deed of 24-08-2018

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Joris De Saedeleer
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • SCHERPEREEL Andy Oscar Anna
    • Manager, appointed by deed of 24-08-2018, still in office
  • Joris De Saedeleer
    • Director, from before 14-11-2024, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

This company
Stellar Projects
Equity €20,405
Profit €62,601 in 2025

Capital

Contribution
€18,550
Source
2025 annual accounts

Articles of association

deed of 24-08-2018 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de maatschappelijke zetel of op elke andere plaats aangeduid…”

Founder

At incorporation deed of 24-08-2018 ↗
  • SCHERPEREEL Andy Oscar Anna sole founder · 100% at incorporation

Network & group

No group

Stellar Projects has no parent and no holdings in its annual accounts. SCHERPEREEL Andy Oscar Anna is the only director. Stellar Projects shares no director with another company.

Timeline

Timeline

15 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 16 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 60 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0701648510
2024
Registered office moved to GentbruggeNew registered office: Jules Destréelaan 21, 9050 Gentbrugge · Board meeting of 15-10-20242 points ▸
  • Board meeting, 15-10-2024
  • Registered-office move, Jules Destréelaan 21, 9050 Gentbrugge

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Annual accounts 2022 filed PDFmicro format · 12 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 61 days before the deadline
2021
Highest result from 2018 to 2025 net €81,215 ▲9.3% The operating result of €102,601 and the net result of €81,215 are both a record.
Annual accounts 2020 filed PDFmicro format · 33 days before the deadline
2020
Equity above €150,000 equity €184,747 ▲67.3% With a profit in every financial year since 2018, equity grows to €184,747.
Annual accounts 2019 filed PDFmicro format · 69 days late
2019
Equity above €100,000 equity €110,460 ▲285% With a profit in every financial year since 2018, equity grows to €110,460.
Annual accounts 2018 filed PDFmicro format · 58 days before the deadline
2018
IncorporationFounder: SCHERPEREEL Andy Oscar Anna · Founding capital of €18,550, 1,000 shares, €12,400 paid up · Appointment: SCHERPEREEL Andy Oscar Anna (manager) · published on 24-08-20183 points ▸

Open the deed in the Belgian Official Gazette

First establishment Jules Destréelaan 21, Ghent

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 August 2018, Stellar Projects was incorporated.1 In 2024 the registered office moved to Gentbrugge.2 SCHERPEREEL Andy Oscar Anna is manager of the company, appointed by deed of 24-08-2018.3 Total assets went from €64,996 in 2018 to €177,266 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-11-2024
  3. 3Belgian Official Gazette, 24-08-2018
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0701.648.510
VAT number
BE 0701.648.510
Peppol ID
0208:0701648510
Other Peppol ID
9925:BE0701648510
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
22-08-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de maatschappelijke zetel of op elke andere plaats aangeduid…”
deed of 24-08-2018 (in Dutch)
Peppol
Reachable since 02-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Stellar Projects in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-08-2018 (in Dutch)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
47410 Retail trade
62020 IT consultancy
63110 Computing infrastructure, data processing, hosting and other information service activities
70220 Business consulting
85599 Other education
95110 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het geven van opleidingen, trainingen en advies in de meest ruime zin van het woord; Dit omvat onder meer het verstrekken van adviezen en…”
2 activities
  1. Het geven van opleidingen, trainingen en advies in de meest ruime zin van het woord.
  2. Dit omvat onder meer het verstrekken van adviezen en hulp aan bedrijven, overheden, particulieren en organisaties op het gebied van personeelsbeleid, human resources, coaching, planning, organisatie, verkoop, efficiëntie, toezicht, het verschaffen van informatie aan de bedrijfsleiding, alsook de organisatie van lezingen, seminars en evenementen.
deed of 24-08-2018 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Jules Destréelaan 21 registered office 9050 Ghent 22-08-2018 2.280.058.739

Buildings and parcels at the address

Ground area
1,077 m²
Buildings
155 m²
Volume, LiDAR
648 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
155 m², 8.1 m 155 m², 8.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44362B0183/00Z0031,077 m² 1 · 155 m² 8.1 m · 1