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STEMAR

Active Public limited companyfounded 1990active for 36 yearsVijlststraat 1, 1785 MerchtemKBO/BCE: BE 0442.006.630

Lifetime

19 annual accounts with figures on one time axis, 33 filings since 1992
peak €509,487 (2021)
€15,746▼ 34.5%
lowest -€33,062 (2022)
€2,330▲ €8,227
peak €562,944 (2021)
€526,314▲ 0.4%
€96,920▼ 55.8%
Board4 names since 2016
1 director
Documentsfilings and deeds
26-06-202535 days before the deadline
2024abbreviated format
Turnover from €27,770 to €42,310Gross margin from €24,030 to €15,746Back to profit: €2,330Debts from €219,472 to €96,920Cash from €78,287 to €13,908

Key points

from the 2024 annual accounts

Payment terms

229 days from customers
Customers
5 to 229

Customers pay 224 days later.

Liquidity

2.84 was 1.13 in 2023

Short-term debts fell from €150,172 to €19,914.

Filings

33 annual accounts 104 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as STEMAR has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 14,769 companies, not a prediction for STEMAR. 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

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Signals

Board and ownership

Managing director
Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442006630
3 directors reappointed (managing director), and (managing director) · General meeting of 19-08-2021 · Gazette deed
Appointments: (director) and (managing director) General meeting of 14-04-2016 · Gazette deed
First establishment Vijlststraat 1, Merchtem
All 48 events

Comparable companies

same main activity, similar in size and age
Company
STEMAR Merchtem €42,310 16.6% 84.4% -
AGRIGAUME Izegem €22,503 21.3% 8.8% -
Société Agricole OSY de ZEGWAART-FAVART Hannut - - 68.0% -
VINCAP Chastre - - 26.9% -
BARELHOEVE Bornem - - 96.0% -
LES AULNES Celles (lez-Tournai) - - 81.1% -
FERME DE L'HAPPE Pont-à-Celles - - 36.6% -
-10%0%10%20%€20,000€200,000€2m€20m€200mSTEMAREBIT margin

Grey: the largest companies of the sector (crop and animal production (NACE 01)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as STEMAR: mixed farming (NACE 01500). They are comparable in size and age: total assets between €551,000 and €739,000, founded between 1983 and 1993.

Official details

Source: KBO
Status
Active since 17-09-1990Normal situation
Activity
Mixed farmingNACE 01500
Establishment unit
2.054.182.4601785 Merchtem, since 29-08-1991
Financial year end
31 December
Peppol
Reachable since 10-07-2026
Company details

Annual accounts 2024

€623,234▼ 16.2%
Filing
Filed on 26-06-2025
Financials

Insights on STEMAR

STEMAR files the abbreviated format. That format states no turnover. The gross margin fell from €59,168 in 2006 to €15,746 in 2024.

The balance sheet grew most in 2007 through fixed assets, financed with long-term debt.

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 STEMAR

What is the company number of STEMAR?
The company number of STEMAR is 0442.006.630. The VAT number is the same number with BE in front: BE 0442.006.630.
Where is STEMAR based?
The registered office is at Vijlststraat 1, 1785 Merchtem.Company details
What does STEMAR do?
According to the KBO register, the main activity is mixed farming (NACE 01500).
What is the legal form of STEMAR?
STEMAR is a public limited company (NV).
When was STEMAR founded?
STEMAR was founded on 17-09-1990.
Is STEMAR still active?
Yes, STEMAR is an active enterprise in the KBO register.
What is the turnover of STEMAR?
The turnover of STEMAR was €42,310 in financial year 2024, according to the filed annual accounts.Financials
Is STEMAR profitable?
In financial year 2024, STEMAR made a profit of €2,330.
Where can I find the annual accounts of STEMAR?
STEMAR filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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