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STEMA

Active Private limited companyfounded 2006active for 20 yearsSluisbaan 32, 7784 Comines-WarnetonKBO/BCE: BE 0884.209.735 subsidiary of SCOUT
STEMA
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Overview

Lifetime

18 annual accounts with figures on one time axis
peak €605,952 (2022)
€469,928▼ 6.6%
lowest -€119,493 (2024)
-€97,453▲ €22,040
peak €793,838 (2015)
-€229,789▼ €100,889
€631,877▲ 13.2%
peak 13.1 FTE (2024)
11.8 FTE▼ 9.9%
Board2 names since 2022
1 directorSCOUT
Owners
100%SCOUT
Documentsfilings and deeds
18-03-202643 days before the deadline
2025financial year
Loss of €97,453Staff from 13.1 FTE to 11.8 FTEEquity from -€128,900 to -€229,789

Key points

from the 2025 annual accounts

Equity

-€229,789
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€271,919 in three years
-54,9732023-119,4932024-97,4532025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€631,877 157% of the balance sheet
Financial debts 64%Suppliers 13%Taxes and wages 14%Other 9%

€431,544 of the debts are secured on the company's own assets. In 2023 that was €334,934.

Staff

10 employees on 30-09-2025
212022122023322024032025

In 2025, nobody joined and 3 people left.

Filings

18 annual accounts since 2008
deadline2010201520202025

The last five annual accounts were filed 18 to 116 days before the end of the period.

Position in the sector

-57.1%

Lower solvency than 95% of companies in non-metallic mineral products. Sector median 46.3% · 366 companies.

Checked score

47
Fair
Financially stronger than 3% of small companies in non-metallic mineral products (NACE 23)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 233 companies (NACE 23, small).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.2%▼ -0.1 percentage points vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 3.3%▲ +1.2 percentage points vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.3%● unchanged vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025highest value 12-2025: 3.2%▼ -0.1 percentage points vs 11-2025 01-2026: 3.3%▲ +0.1 percentage points vs 12-2025 02-2026: 3.2%▼ -0.1 percentage points vs 01-2026 03-2026: 3.1%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +0.2 percentage points vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 3.3%● unchanged vs 07-2026 09-2026: 3.3%● unchanged vs 08-2026 10-2026: 3.3%● unchanged vs 09-2026 11-2026: 3.3%● unchanged vs 10-2026

Financial strength
Weak

0=equity -57.1% of total assets
6-13short-term debt 87.3% · cash 3.3%
0=return on assets -24.2%

Score breakdown

raises risk
Negative equity -€229,789
Loss of €97,453, the second in a row (financial year 2025)
Size: 11.8 FTE, total assets €402,088
lowers risk
Sector: Manufacture of other non-metallic mineral products (NACE 23)
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 23, small). It does better than 1% of them on solvency, 4% on liquidity, 3% on profitability and 4% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 678 companies had the same profile as STEMA has now. Each dot stands for 2 companies, two years later.

84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of STEMA itself: 3.3% within 12 months.

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 678 companies, not a prediction for STEMA. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.6 (0.72 in 2024), below 1. Short-term debt is 87.3% and cash 3.3% of total assets. Equity is negative.

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 · Negative equity -€229,789
NBB · annual accounts
raises risk · Loss of €97,453, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
raises risk · Size: 11.8 FTE, total assets €402,088
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€229,789
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
37 days early
2023
18 days early
2022
111 days early
2021
116 days early
2020
107 days early
2019
119 days early
← 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 79 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 18 March (4 of the last 5 accounts filed within 68 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

S
SCOUT
Director, Loïc Honoré, since 26-08-2022
  • SCOUT 100%equity €829,082 (2025) · 2025 annual accounts of SCOUT
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0884209735
Change of role: SCOUT, from manager to sole director Permanent representatives: Loïc HONORE and QUINTIN Nicolas · General meeting of 29-04-2024 · Gazette deed
1 director appointed, 1 resignation Resignation: Stefan Bonte · Appointment: SCOUT SRL · Permanent representative: Loïc Honoré · General meeting of 26-08-2022 · Gazette deed
First establishment Sluisbaan 32, Comines-Warneton
All 28 events

Comparable companies

same main activity, similar in size and age
Company
STEMA Comines-Warneton €0.4m €469,928 -57.1% 11.8
VITAE MEMORIAM Schilde €0.6m €780,528 53.3% 10.5
Sterx Herk-de-Stad €1.0m €569,886 57.8% 6.2
Willems Perlite Ghent €1.6m €593,243 27.0% 6.2
CERALINE Villers-le-Bouillet €0.1m €122,304 -26.1% 3
UNI-MAL EN CO Hasselt €0.1m €71,405 22.9% -
Atelier Arena Lierde €0.1m €2,022 11.4% -

These companies have the same main activity as STEMA: manufacture of other non-metallic mineral products (NACE 23450). They are comparable in size and age: total assets between €95,100 and €1.6m, founded between 2000 and 2021.

Official details

Source: KBO
Status
Active since 11-10-2006Normal situation
Activity
Manufacture of other non-metallic mineral productsNACE 23450and 2 others
Joint committees
200Auxiliary committee for white-collar workers
113Ceramics industry · annual accounts 30-09-2025
Establishment unit
2.157.030.5707784 Comines-Warneton, since 20-10-2006
Financial year end
30 September
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-09-2025

€469,928▼ 6.6%
≈ €1.1mestimated
€97,453▼ 18.4%
-€229,789▼ 78.3%
€402,088▼ 6.3%
Employeeson 30-09-2025
10▼ 23.1%
Filing
Filed on 18-03-2026, 43 days before the end of the filing period
Financials

Insights on STEMA

STEMA has existed since 2006. The gross margin grew from €324,015 in 2008 to €469,928 in 2025 and staff from 5.8 to 11.8 full-time equivalents.

The gross margin has fallen every year since 2022. Solvency fell in 2025 from -30.0% to -57.1% because of the loss and higher debts to suppliers.

SCOUT holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 18-03-2026, 43 days before the deadline
€469,928
▼ 6.6%
-€79,022
▲ €27,880
-€97,453
▲ €22,040
-€138,840
▼ €59,179
-57.1%
▼ 27.1 percentage points
0.60
▼ 0.11

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.1m. Estimated: probably between €670,000 and €1.9m.

Balance sheet

balance sheet total €402,088 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-57.1%

Lower than 95% of 366 companies in 2025.

0.60

Higher than 10% of 360 companies in 2025.

-24.2%

Lower than 95% of 364 companies in 2025.

STEMA Middle half of the sector 80% of the sector Full accounts in non-metallic mineral products (NACE 23)

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

Staff

€41,555

Staff costs divided by the average number of full-time equivalents.

-3 people

people who joined people who left

In 2025, nobody joined and 3 people left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 402,088429,062473,723834,453802,041740,411780,511611,662821,605845,234981,557958,338827,262812,023885,223874,526810,655746,250
21/28 190,087227,055196,399135,632197,165214,634250,418241,367284,414305,619366,024400,648389,024388,324443,058469,602487,670498,379
21 20,91727,97420,182---------------
22/27 169,170199,081176,218135,632197,165214,634250,418241,367284,414305,619366,024400,648389,024388,324443,058469,602487,670498,379
22 110,569118,32881,37482,892102,607122,321142,035161,750181,520201,610222,265243,582265,635289,316297,799256,880265,221288,857
23 34,67342,58440,70627,70239,59644,24856,22055,09652,22049,24454,25450,68157,77356,87368,424110,989157,445180,512
24 23,92838,17054,13825,03854,96348,06552,16324,52135,67424,76544,50546,38565,61642,13576,835101,73365,00429,010
29/58 212,002202,007277,324698,821604,876525,776530,093370,295537,191539,615615,533557,690438,238423,699442,165404,924322,985247,871
29 -012,82015,43020,21525,000------------
291 -012,82015,43020,21525,000------------
3 64,07859,97614,500---------------
30/36 64,07859,97614,500---------------
40/41 89,970119,313178,437161,415153,655158,893155,723120,938107,20499,908108,288133,260141,00395,005137,425151,770194,748165,640
40 86,599101,403157,167147,893139,392147,561143,092113,30695,57495,24286,473106,033103,11084,133127,173151,77066,12766,120
41 3,37117,91021,27013,52214,26311,33212,6317,63211,6304,66621,81527,22737,89310,87210,252-128,62199,520
50/53 ----92,78192,78192,78192,78192,781---------
54/58 13,21513,55754,398516,863337,070247,982278,400153,846334,561435,643502,127418,542290,987322,733299,565249,146125,21080,192
490/1 44,7399,16017,1695,1121,1541,1213,1912,7302,6454,0645,1185,8886,2485,9615,1754,0083,0272,039
Balance sheet: equity and liabilities
10/49 402,088429,062473,723834,453802,041740,411780,511611,662821,605845,234981,557958,338827,262812,023885,223874,526810,655746,250
10/15 -229,789-128,900-5,971398,790688,694652,555617,234561,050762,370745,076793,838743,855673,030614,338541,684471,130356,776323,166
10/11 18,55018,55018,55018,55018,550-18,55018,550220,000220,000220,000220,000220,000220,000220,000220,000220,000220,000
100 ------18,55018,550220,000220,000220,000220,000220,000220,000220,000220,000220,000220,000
11 -----18,550------------
1100/10 -----18,550------------
13 022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00019,36315,54911,5495,3383,139
130/1 -022,00022,00022,00022,000------------
130 ------22,00022,00022,00022,00022,00022,00022,00019,36315,54911,5495,3383,139
1311 -022,00022,000--------------
1319 ----22,00022,000------------
133 022,000----------------
14 -249,919-174,466-54,973346,353632,822593,248554,491494,872489,350466,623509,888469,345395,622336,508264,034188,03970,03228,251
15 1,5815,0168,45111,88715,32218,75722,19325,62831,02036,45341,95032,51035,40838,46742,10151,54261,40671,776
17/49 631,877557,962479,694435,663113,34787,856163,27750,61159,235100,158187,719214,483154,232197,685343,539403,396453,879423,084
17 280,724276,294290,137300,000----3,39324,71062,799100,47474,42697,331127,203183,829240,456297,082
170/4 280,724276,294290,137300,000----3,39324,71062,799100,47474,42697,331127,203183,829240,456297,082
42/48 350,842281,668184,665135,663113,34787,856123,74350,61155,84273,948123,322112,50978,30698,614214,836218,067211,348123,516
42 50,82055,00744,797----3,39321,31738,08838,63437,27522,90532,24756,62656,62659,00159,001
43 121,54694,638----------------
430/8 121,54694,638----------------
44 83,67150,85056,90540,98353,07139,200101,82119,0005,93115,16612,1575,09412,1697,34171,33641,79756,36618,190
440/4 83,67150,85056,90540,98353,07139,200101,82119,0005,93115,16612,1575,09412,1697,34171,33641,79756,36618,190
45 88,78181,17482,96394,68059,34848,43521,91528,10427,28919,56945,47244,79617,29432,11131,37466,50315,05514,423
450/3 6,3702,4173,55715,612----------64442,146--
454/9 82,41078,75779,40679,06859,34848,43521,91528,10427,28919,56945,47244,79617,29432,11130,73024,35715,05514,423
47/48 6,023---92922171141,3051,12527,05925,34425,93826,91555,50053,14180,92631,902
492/3 31104,892---39,535--1,5001,5981,5001,5001,7401,5001,5002,0752,486
Income statement
76A 05000-6004,000----1,500-----3,700-
9900 469,928503,197576,602605,952553,380504,708494,988493,082482,678387,398472,413502,997417,778465,663511,803526,210334,980324,015
62 490,354544,852557,647566,206452,688402,250367,923422,754382,021351,082349,773321,496269,882294,852285,087221,479183,098123,217
630 38,76837,12537,47339,28848,78248,36046,22357,57270,45966,22069,44467,42067,31859,553110,951104,62892,222170,911
640/8 19,82715,30221,78524,2064,90711,41311,05511,50910,91510,53611,61412,7604,3805,6101,7728,4608,6382,322
66A 012,8203,625-1,200----708---9,488-4,602424-
9901 -79,022-106,902-43,928-23,74747,00442,68569,7861,24819,283-40,44041,582101,32176,198105,648113,993191,64351,02227,565
75/76B 3,8184,8214,56157,1564,4027,5763,5095,5315,9466,54512,8217,6977,65716,49111,97110,51210,57825,162
75 3,8184,8214,5614,9413,8023,5763,5095,5315,9466,54512,8217,6977,65716,49111,97110,51210,57825,162
76B ---52,2146004,000------------
65/66B 22,22217,41715,4669,7962,3435675399112,2075,2106,7938,1917,71110,61212,90415,69315,19021,337
65 22,22217,41715,4669,7961,1435675399112,2075,2106,7938,1917,71110,61212,90415,69315,19021,337
66B ----1,200-------------
9903 -97,425-119,497-54,83323,61349,06349,69472,7575,86923,022-39,81349,110100,82776,144102,039113,060181,86049,68631,390
67/77 28-414010,0829,48910,93813,1383462953,4528,56727,10414,39325,75133,06557,6425,7060
9904 -97,453-119,493-54,97313,53139,57438,75659,6195,52322,727-43,26540,54373,72361,75176,28879,995124,21843,98031,390
9905 -97,453-119,493-54,97313,53139,57438,75659,6195,52322,727-43,26540,54373,72361,75176,28879,995124,21843,98031,390
Appropriation of the result
9906 -271,919-174,466291,380646,353632,822593,248554,491494,872489,350466,623509,888469,345398,259340,322268,034194,25072,23131,390
14P -174,466-54,973346,353632,822--------------
791/2 22,000-----------------
691/2 ------------2,6373,8144,0006,2112,1993,139
6920 ------------2,6373,8144,0006,2112,1993,139
694/7 -0346,353300,000--------------
694 -0346,353300,000--------------
Social balance sheet
9087 11.813.1131310.598.48.59.198.67.566.86.75.555.8
Hours worked1013 14,54116,43917,30119,21616,40313,58413,59113,95113,73713,00712,20611,7679,69310,02910,7329,0797,9496,958
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 18-03-2026.

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
30-09-2025 full format 18-03-2026 2026-00058220 PDF
30-09-2024 full format 24-03-2025 2025-00057145 PDF
30-09-2023 full format 12-04-2024 2024-00064578 PDF
30-09-2022 full format 09-01-2023 2023-20557918 PDF
30-09-2021 full format 04-01-2022 2022-00200474 PDF
30-09-2020 full format 13-01-2021 2021-00900033 PDF
30-09-2019 full format 02-01-2020 2020-00100196 PDF
30-09-2018 micro format 09-01-2019 2019-00700458 PDF
30-09-2017 micro format 12-01-2018 2018-01300592 PDF
30-09-2016 full format 16-01-2017 2017-01500414 PDF
30-09-2015 abbreviated format 06-01-2016 2016-00400319 PDF
30-09-2014 full format 29-12-2014 2014-70800496 PDF
30-09-2013 full format 22-01-2014 2014-01300133 PDF
30-09-2012 full format 21-12-2012 2012-67700214 PDF
30-09-2011 full format 21-12-2011 2011-64600578 PDF
30-09-2010 full format 10-12-2010 2010-62900289 PDF
30-09-2009 full format 09-12-2009 2009-88300067 PDF
30-09-2008 full format 20-12-2008 2008-87100178 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
-40,253-69,777-6,45515,54195,78691,044116,00958,82089,74225,780111,026168,741143,516165,201224,944296,271143,244198,476
-58,685-82,368-17,50052,81988,35687,116105,84263,09493,18622,955109,987141,143129,069135,841190,946228,846136,202202,301
1,80067,781101,865-22,24532,51312,57655,27414,52449,2545,81534,82179,04468,01842,37484,40794,51681,513669,290
-343-40,841-462,465179,79389,089-30,418124,554-180,715-101,082-66,48483,585127,555-31,74623,16850,419123,93645,018-
-138,840-79,66192,658563,158491,529437,921406,351319,684481,349465,667492,211445,181359,932325,085227,329186,857111,637124,355
-57.1%-30.0%-1.3%47.8%85.9%88.1%79.1%91.7%92.8%88.2%80.9%77.6%81.4%75.7%61.2%53.9%44.0%43.3%
0.600.721.505.155.345.984.287.329.627.304.994.965.604.302.061.861.532.01
0.420.501.425.155.345.984.287.329.627.304.994.965.604.302.061.861.532.01
---1.090.160.130.260.090.080.130.240.290.230.320.630.861.271.31
---3.4%5.7%5.9%9.7%1.0%3.0%-5.8%5.1%9.9%9.2%12.4%14.8%26.4%12.3%9.7%
-24.2%-27.8%-11.6%1.6%4.9%5.2%7.6%0.9%2.8%-5.1%4.1%7.7%7.5%9.4%9.0%14.2%5.4%4.2%
-1.81-4.01-0.421.59--------------

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Social balance sheet

Item30-09-202530-09-202430-09-202330-09-2022
Employees at the balance-sheet date10131213
full-time9131213
part-time100-
in full-time equivalents9.8131213
11.813.111.813
On a permanent contract81088
Joined0312
Left3221

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-09-202530-09-202430-09-202330-09-2022
Debts secured on the company's own assets€431,544€220,000€334,934-
Mortgages, amount registered€602,250€110,000--
Carrying value of the mortgaged assets€110,569€118,328--
-€110,000€110,000-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets€1,800€53,923€80,438-
Intangible fixed assets-€13,858€21,427-
€38,768€37,125€37,473€39,288

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on STEMA

The operating result for 2025 is a loss of €79,022, smaller than the loss of €106,902 in 2024.

Equity is negative. Debt (€631,877) exceeds the balance-sheet total (€402,088).

Board & ownership

Board

1 director, last change in 2024
SCOUT BV
Sole director, permanent representative Loïc Honoré
since 26-08-2022
earlier manager, until 08-05-2024
listed in the 2025 annual accounts, filed on 18-03-2026
Permanent representatives 1
Loïc Honoré
Permanent representative, for SCOUT
appointed by deed of 08-05-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
SCOUT
Sole director
Stefan Bonte
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • SCOUT
    • Director, from 26-08-2022 to 08-05-2024
    • Sole director, appointed by deed of 08-05-2024, still in office
  • Stefan Bonte
    • Director, until 13-10-2022

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

Control

Parent
SCOUT
Equity €829,082
Profit €49,082 in 2025 (profit €30,475 in 2024)
Source: accounts SCOUT 2025
100%
This company
STEMA
Equity -€229,789
Loss €97,453 in 2025

Capital

Contribution
€18,550
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
SCOUT
100%
100%
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

Group

SCOUT has 1 direct subsidiary (2025 accounts)
ParentSCOUT1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE STEMA -€229,789 result -€97,453

Source: list of holdings in the 2025 accounts of SCOUT. Every holding stands with its own latest accounts.

Connections & network

1 current director
Depth

The network starts from the directors of STEMA. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

28 events since 2006

Deadline for the 2026 accounts: 30-04-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0884209735
Annual accounts 2025 filed PDFfull format · 43 days before the deadline
2025
Annual accounts 2024 filed PDFfull format · 37 days before the deadline
2024
Weakest financial year net -€119,493 The net result drops to -€119,493, the lowest from 2008 to 2025. It recovers the following year.
Change of role: SCOUT, from manager to sole directorPermanent representatives: Loïc HONORE and QUINTIN Nicolas · General meeting of 29-04-20246 points ▸
  • General meeting, 29-04-2024
  • Director resignation, SCOUT (manager)
  • Permanent representative, Loïc HONORE
  • Director appointment, SCOUT (sole director)
  • Permanent representative, QUINTIN Nicolas
  • Registered office clause, Route des Ecluses 32, 7784 Comines-Warneton
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 18 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 111 days before the deadline
2022
1 director appointed, 1 resignationResignation: Stefan Bonte · Appointment: SCOUT SRL · Permanent representative: Loïc Honoré · General meeting of 26-08-20224 points ▸
  • General meeting, 26-08-2022
  • Director resignation, Stefan Bonte
  • Director appointment, SCOUT SRL
  • Permanent representative, Loïc Honoré

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 116 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 107 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 119 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 111 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 108 days before the deadline
2017
Back to profit net €22,727 The net result is €22,727, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 104 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 115 days before the deadline
2014
Annual accounts 2014 filed PDFfull format · 122 days before the deadline
Annual accounts 2013 filed PDFfull format · 98 days before the deadline
2012
Annual accounts 2012 filed PDFfull format · 130 days before the deadline
Liquidity more than doubled current ratio 4.30 The current ratio rises from 2.06 to 4.30. Short-term debt falls from €214,836 to €98,614.
2011
Annual accounts 2011 filed PDFfull format · 131 days before the deadline
Equity above €500,000 equity €541,684 ▲15% With a profit in every financial year since 2008, equity grows to €541,684.
2010
Annual accounts 2010 filed PDFfull format · 141 days before the deadline
Highest result from 2008 to 2025 net €124,218 ▲182% The operating result of €191,643 and the net result of €124,218 are both a record.
2009
Annual accounts 2009 filed PDFfull format · 142 days before the deadline
2008
Annual accounts 2008 filed PDFfull format · 131 days before the deadline
2006
First establishment Sluisbaan 32, Comines-Warneton
Incorporation PDFpublished on 20-10-2006

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 11 October 2006, STEMA was incorporated.1 Total assets went from €780,511 in 2019 to €402,088 in 2025 and headcount from 8.4 to 11.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0884.209.735
VAT number
BE 0884.209.735
Peppol ID
0208:0884209735
Legal form
Private limited company
Status
Active, normal situation
Founded
11-10-2006
Financial year
ends on 30 September
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
STEMA in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
23450 Manufacture of other non-metallic mineral products main activity
23200 Manufacture of other non-metallic mineral products
23310 Manufacture of other non-metallic mineral products
Social security (RSZ) activities
23310 Manufacture of other non-metallic mineral products main activity
Joint committees annual accounts 30-09-2025
JC 200 Auxiliary committee for white-collar workers
JC 113 Ceramics industry
Codes under NACEBEL 2008
VAT activities
23490 Manufacture of other non-metallic mineral products main activity
23200 Manufacture of other non-metallic mineral products
23310 Manufacture of other non-metallic mineral products
Social security (RSZ) activities
23310 Manufacture of other non-metallic mineral products main activity
Codes under NACEBEL 2003
26250 main activity
26260
26300

Registered office and establishments

1 establishment
Establishment Since Unit number
Sluisbaan 32 registered office 7784 Comines-Warneton 20-10-2006 2.157.030.570

Buildings and parcels at the address

Ground area
3,636 m²
Buildings
1,232 m²
Volume, LiDAR
8,229 m³
Tallest building
7.4 m
Buildings to scale, each on its own parcel
1,232 m², 7.4 m 1,232 m², 7.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
54001B0481/00G0003,636 m² 1 · 1,232 m² 7.4 m · 2

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