STEMAMI
ActiveSummary
STEMAMI has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129,433 and a net result of €37,261. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 69% of 18,739 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Staff
- 4.3 FTE
- Equity
- €129,433
- Profit
- €37,261
- Maurizio ZIZZADirector
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 16-07-2025)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 2010Liquidity: current ratio 1.89, cash €62,756Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 69% on solvency, 61% on liquidity, 76% on profitability and 18% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 5 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €37,261
- Registered officeRegistered-office move
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is over 17 times 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €127,081 | €289,244 | €265,728 | €250,841 | ▼ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,608 | €27,499 | €17,595 | €14,767 | €13,173 | €10,876 | €9,946 | ▼ 8.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€15,000 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,280 | €13,161 | €2,289 | €5,996 | ▲ 162% |
| Gross operating margin9900 | €236,101 | €255,094 | €93,614 | €195,258 | €320,846 | €281,724 | €315,833 | ▲ 12.1% |
| Operating profit (loss)9901 | €69,954 | €57,759 | €32,635 | €51,131 | €20,269 | €2,830 | €49,050 | ▲ 17× |
| Financial income75/76B | - | - | - | - | €85 | €30 | €1,489 | ▲ 50× |
| Recurring financial income75 | €2,475 | €2,354 | €1 | - | €85 | €30 | €1,489 | ▲ 50× |
| Financial charges65/66B | - | - | - | €25,073 | €42,894 | €11,359 | €9,290 | ▼ 18.2% |
| Recurring financial charges65 | €9,690 | €15,351 | €9,617 | €25,073 | €22,330 | €11,359 | €9,290 | ▼ 18.2% |
| Non-recurring financial charges66B | - | - | - | - | €20,564 | - | - | - |
| Profit (loss) for the period before taxes9903 | €62,740 | €44,762 | €23,019 | €26,057 | -€22,539 | -€8,498 | €41,249 | - |
| Income taxes67/77 | €18,643 | €14,376 | - | €3,707 | - | €120 | €3,988 | ▲ 33× |
| Profit (loss) for the period9904 | €44,097 | €30,386 | €23,019 | €22,351 | -€22,539 | -€8,618 | €37,261 | - |
| Profit (loss) for the period to be appropriated9905 | €44,097 | €30,386 | €23,019 | €22,351 | -€22,539 | -€8,618 | €37,261 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €296,117 | €396,333 | €328,797 | €339,236 | €321,443 | €296,923 | €249,042 | ▼ 16.1% |
| Formation expenses20 | - | - | - | - | - | €1,093 | €874 | ▼ 20.0% |
| Fixed assets21/28 | €30,646 | €56,954 | €34,048 | €50,401 | €42,627 | €31,751 | €22,024 | ▼ 30.6% |
| Intangible fixed assets21 | €3,700 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €26,537 | €56,545 | €33,639 | €49,992 | €42,218 | €31,342 | €21,615 | ▼ 31.0% |
| Plant, machinery and equipment23 | - | - | - | €16,548 | €16,271 | €10,594 | €4,917 | ▼ 53.6% |
| Furniture and vehicles24 | - | - | - | €7,572 | €4,992 | €2,412 | €981 | ▼ 59.3% |
| Other tangible fixed assets26 | - | - | - | €25,872 | €20,956 | €18,336 | €15,717 | ▼ 14.3% |
| Financial fixed assets28 | €409 | €409 | €409 | €409 | €409 | €409 | €409 | = |
| Current assets29/58 | €265,471 | €339,379 | €294,749 | €288,835 | €278,816 | €264,080 | €226,145 | ▼ 14.4% |
| Amounts receivable after more than one year29 | - | - | - | €148,518 | €123,341 | €111,514 | €44,558 | ▼ 60.0% |
| Other amounts receivable291 | - | - | - | €148,518 | €123,341 | €111,514 | €44,558 | ▼ 60.0% |
| Stocks and contracts in progress3 | €16,965 | €46,000 | €35,000 | €31,300 | €76,300 | €73,006 | €75,277 | ▲ 3.1% |
| Stocks30/36 | - | - | - | €31,300 | €76,300 | €73,006 | €75,277 | ▲ 3.1% |
| Amounts receivable within one year40/41 | €86,244 | €82,666 | €54,894 | - | €3,802 | €4,087 | €43,554 | ▲ 966% |
| Trade receivables40 | - | - | - | - | €2,382 | €248 | €10,051 | ▲ 41× |
| Other amounts receivable41 | - | - | - | - | €1,420 | €3,839 | €33,502 | ▲ 773% |
| Cash at bank and in hand54/58 | €64,621 | €60,568 | €56,337 | €107,942 | €74,433 | €75,473 | €62,756 | ▼ 16.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,075 | €940 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €296,117 | €396,333 | €328,797 | €339,236 | €321,443 | €296,923 | €249,042 | ▼ 16.1% |
| Equity10/15 | €199,175 | €229,560 | €252,580 | €274,931 | €253,391 | €202,559 | €129,433 | ▼ 36.1% |
| Contributions10/11 | €74,000 | €74,000 | €74,000 | €74,000 | €75,000 | €75,000 | €38,564 | ▼ 48.6% |
| Capital10 | - | - | - | €74,000 | €75,000 | €75,000 | €38,564 | ▼ 48.6% |
| Issued capital100 | - | - | - | €75,000 | €75,000 | €75,000 | €38,564 | ▼ 48.6% |
| Uncalled capital101 | - | - | - | €1,000 | - | - | - | - |
| Reserves13 | €49,714 | €80,100 | €80,100 | €80,100 | €80,100 | €37,886 | €42,500 | ▲ 12.2% |
| Non-distributable reserves130/1 | - | - | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Legal reserve130 | - | - | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Tax-exempt reserves132 | - | - | - | €72,600 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €72,600 | €30,386 | €35,000 | ▲ 15.2% |
| Profit (loss) carried forward14 | €75,460 | €75,460 | €98,479 | €120,830 | €98,291 | €89,673 | €48,369 | ▼ 46.1% |
| Provisions and deferred taxes16 | - | €15,000 | €15,000 | €15,000 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €15,000 | - | - | - | - |
| Taxes161 | - | - | - | €15,000 | - | - | - | - |
| Amounts payable17/49 | €96,942 | €151,772 | €61,218 | €49,305 | €68,052 | €94,365 | €119,609 | ▲ 26.8% |
| Amounts payable after more than one year17 | - | €29,200 | €29,200 | - | €7,927 | - | - | - |
| Financial debts170/4 | - | - | - | - | €7,927 | - | - | - |
| Amounts payable within one year42/48 | €96,942 | €82,572 | €32,018 | €49,305 | €60,124 | €94,365 | €119,609 | ▲ 26.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,254 | €9,281 | €7,927 | - | - |
| Trade debts44 | €47,176 | €30,143 | - | €12,353 | €1,997 | €26,351 | €38,840 | ▲ 47.4% |
| Suppliers440/4 | - | - | - | €12,353 | €1,997 | €26,351 | €38,840 | ▲ 47.4% |
| Taxes, remuneration and social security45 | - | - | - | €5,352 | €48,847 | €60,014 | €51,902 | ▼ 13.5% |
| Taxes450/3 | - | - | - | €5,352 | €12,010 | €19,987 | €10,634 | ▼ 46.8% |
| Remuneration and social security454/9 | - | - | - | - | €36,836 | €40,026 | €41,269 | ▲ 3.1% |
| Other amounts payable47/48 | - | - | - | €10,346 | - | €72 | €28,867 | ▲ 401× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,097 | €30,386 | €23,019 | €22,351 | -€22,539 | -€8,618 | €37,261 | - |
| + Depreciation and write-downs630 | €16,608 | €27,499 | €17,595 | €14,767 | €13,173 | €10,876 | €9,946 | ▼ 8.5% |
| Operating cash flow (approximation) | €60,705 | €57,884 | €40,614 | €37,118 | -€9,366 | €2,258 | €47,207 | ▲ 21× |
| Investment in fixed assets (approximation) | - | -€53,806 | €5,311 | -€31,120 | -€5,400 | €0 | -€219 | - |
| Change in cash | - | -€4,054 | -€4,230 | €51,605 | -€33,509 | €1,040 | -€12,717 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 16-07-2025 | 2025-00276155 |
| 31-12-2023 | micro format | 13-06-2024 | 2024-00126499 |
| 31-12-2022 | micro format | 08-09-2023 | 2023-00441841 |
| 31-12-2021 | micro format | 15-08-2022 | 2022-20306755 |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51900275 |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41300546 |
| 31-12-2018 | micro format | 28-12-2019 | 2019-78000193 |
| 31-12-2017 | micro format | 26-12-2018 | 2018-75600144 |
| 31-12-2016 | micro format | 28-09-2017 | 2017-63800124 |
| 31-12-2015 | full format | 30-08-2016 | 2016-51200389 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Maurizio ZIZZA |
|
Owners and capital
Capital and shareholders
- Maurizio ZIZZA all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-10-2023 Converted to unavailable equity · €75,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 30-04-2024
- Registered-office move, Tervurenlaan 59,1040Etterbeek
09-10
Gazette deed
Legal-form change · Resignations & appointmentsResignation: Maurizio ZIZZA (manager) · Appointment: Maurizio ZIZZA (director) · Incorporation20 facts ▸
- General meeting, 04-10-2023
- Incorporation, 11-01-2010
- Other provision, “toelichting en voorlezing akte” (deed in Dutch)
- Other provision, “voorzitter, bureau algemene vergadering” (deed in Dutch)
- Shareholding, 1000, “register van de aandelen op naam” (deed in Dutch)
- Other provision, “statuten aanpassen aan Wetboek van vennootschappen en verenigingen, statutair onbeschikbare eigenvermogensrekening schrappen en beschikbaar maken voor toekomsti…” (deed in Dutch)
- Other provision, “geldigheid algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Capital
- Director resignation, Maurizio ZIZZA (manager)
- +8 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22006B0487/00Y000 | Flanders | 995 m² | 1 · 139 m² | 5.6 m · 1 |
| 21005A0579/00Z006 | Brussels | 413 m² | 1 · 128 m² | 23.9 m · 7 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Uitbaten van restaurants,snack,frituur,pizzerias,consumentensalons,taverne,brouwerij,drankgelegenheid,alsmede de import,aankoop,verkoop en…” (deed in Dutch)
5 activities (deed in Dutch)
- Uitbaten van restaurants,snack,frituur,pizzerias,consumentensalons,taverne,brouwerij,drankgelegenheid,alsmede de import,aankoop,verkoop en handel in het algemeen van levensmiddelen en alcoholische of niet-alcoholische dranken,de exploitatie van hotels en van alles met betrekking tot dergelijke activiteiten.
- Alles wat te maken heeft met de catering,import en export.
- Zich borg worden stellen ten gunste van alle personen in verband of niet.
- De studie,consulting,expertise,engineering en alle diensten die in de vorige activiteiten.
- Allerhande commerciële,industriële,financiële,roerende en onroerende verrichtingen uitvoeren,welke rechtstreeks of onrechtstreeks verband houden met haar doel.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- STEMAMI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Geen wijziging taalregime, Brussels Hoofdstedelijke Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid, nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen vanaf openstelling intekening, eerst aan bestaande aandeelhouders naar evenredigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of June at 17:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Elk moment, algemene vergadering in vormen statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed