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STEMDA HOLDING

Active
Public limited companyfounded 200224 yrs activePoppelsemolenweg 1, 2382 Ravels, BelgiumKBO/BCE: BE 0477.969.280
Summary

STEMDA HOLDING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of -€1,915. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 2.51 against 2.72 in 2024; short-term debt: 4.5% and cash: 0% of total assets), and 4.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.5%
Return on assets
-0.2%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
6 d early
2023
8 d late
2022
25 d early
2021
17 d early
2020
1 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 July 2002, STEMDA HOLDING was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 1.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,915▲ 32.4%
2024 · -€2,833
Working capital
€72,589▼ 2.6%
2024 · €74,503
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,080▲ 90.0%-€1,477▲ 29.0%-€2,315▼ 56.8%-€2,589▼ 11.8%-€1,703▲ 34.2%
Net result€501€159▼ 68.2%-€1,394-€2,833▼ 103%-€1,915▲ 32.4%
Equity€1.0m=€1.0m=€1.0m▼ 0.1%€1.0m▼ 0.3%€1.0m▼ 0.2%
Total assets€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%
Debt€30,901▲ 7.5%€33,390▲ 8.1%€37,508▲ 12.3%€43,247▲ 15.3%€48,158▲ 11.4%
Working capital€78,571▲ 0.6%€78,731▲ 0.2%€77,336▼ 1.8%€74,503▼ 3.7%€72,589▼ 2.6%
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0€1,000Operating result 2021: -€2,080-€2,080Net result 2021: €501€501Operating result 2022: -€1,477-€1,477Net result 2022: €159€159Operating result 2023: -€2,315-€2,315Net result 2023: -€1,394-€1,394Operating result 2024: -€2,589-€2,589Net result 2024: -€2,833-€2,833Operating result 2025: -€1,703-€1,703Net result 2025: -€1,915-€1,91520212022202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€2,315-€2,320Net result 2023: -€1,394-€1,390Operating result 2024: -€2,589-€2,590Net result 2024: -€2,833-€2,830Operating result 2025: -€1,703-€1,700Net result 2025: -€1,915-€1,910202320242025
The operating result stays negative: a loss of €1,703 in 2025 against €2,589 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €943,665 =
Current assets €120,746 ▲ 2.5%
Equity and liabilities €1.1m
Equity €1.0m ▼ 0.2%
Debt €48,158 ▲ 11.4%
Debt's share of the balance-sheet total rises from 4.1% to 4.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.51▼
2024 · 2.72
Debt to equity
0.05▲
2024 · 0.04
ROE
-0.2%▲
2024 · -0.3%
ROA
-0.2%▲
2024 · -0.3%
Debt ≤ 1 year
€48,158▲
2024 · €43,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▲
Fixed assets21/28€943,665€943,665=
Financial fixed assets28€943,665€943,665=
Current assets29/58€117,750€120,746▲
Amounts receivable within one year40/41€117,691€120,634▲
Other amounts receivable41€117,691€120,634▲
Cash at bank and in hand54/58€59€112▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15€1.0m€1.0m▼
Contributions10/11€1.6m€1.6m=
Capital10€1.6m€1.6m=
Issued capital100€1.6m€1.6m=
Reserves13€257,000€257,000=
Non-distributable reserves130/1€257,000€257,000=
Legal reserve130€257,000€257,000=
Profit (loss) carried forward14-€828,832-€830,746▼
Amounts payable17/49€43,247€48,158▲
Amounts payable within one year42/48€43,247€48,158▲
Taxes, remuneration and social security45€903€928▲
Taxes450/3€903€928▲
Other amounts payable47/48€42,343€47,229▲
Income statement Code20242025
Other operating charges640/8€1,122€1,118▼
Gross operating margin9900-€1,468-€585▲
Operating profit (loss)9901-€2,589-€1,703▲
Financial income75/76B€2,871€2,943▲
Recurring financial income75€2,871€2,943▲
Financial charges65/66B€3,114€3,154▲
Recurring financial charges65€3,114€3,154▲
Profit (loss) for the period before taxes9903-€2,833-€1,915▲
Profit (loss) for the period9904-€2,833-€1,915▲
Profit (loss) for the period to be appropriated9905-€2,833-€1,915▲
Appropriation of the result
Profit (loss) to be appropriated9906-€828,832-€830,746▼
Profit (loss) brought forward from the previous period14P-€825,999-€828,832▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€969€970€1,184€1,122€1,118▼ 0.3%
Gross operating margin9900-€1,111-€507-€1,131-€1,468-€585▲ 60.2%
Operating profit (loss)9901-€2,080-€1,477-€2,315-€2,589-€1,703▲ 34.2%
Financial income75/76B€2,666€2,999€2,811€2,871€2,943▲ 2.5%
Recurring financial income75€2,666€2,999€2,811€2,871€2,943▲ 2.5%
Financial charges65/66B€80€1,306€1,890€3,114€3,154▲ 1.3%
Recurring financial charges65€80€1,306€1,890€3,114€3,154▲ 1.3%
Profit (loss) for the period before taxes9903€505€216-€1,394-€2,833-€1,915▲ 32.4%
Income taxes67/77€5€57----
Profit (loss) for the period9904€501€159-€1,394-€2,833-€1,915▲ 32.4%
Profit (loss) for the period to be appropriated9905€501€159-€1,394-€2,833-€1,915▲ 32.4%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.1m€1.1m▲ 0.3%
Fixed assets21/28€943,665€943,665€943,665€943,665€943,665=
Financial fixed assets28€943,665€943,665€943,665€943,665€943,665=
Current assets29/58€109,472€112,121€114,844€117,750€120,746▲ 2.5%
Amounts receivable within one year40/41€109,467€112,020€114,821€117,691€120,634▲ 2.5%
Other amounts receivable41€109,467€112,020€114,821€117,691€120,634▲ 2.5%
Cash at bank and in hand54/58€5€101€24€59€112▲ 90.3%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.1m€1.1m▲ 0.3%
Equity10/15€1.0m€1.0m€1.0m€1.0m€1.0m▼ 0.2%
Contributions10/11€1.6m€1.6m€1.6m€1.6m€1.6m=
Capital10-€1.6m€1.6m€1.6m€1.6m=
Issued capital100-€1.6m€1.6m€1.6m€1.6m=
Reserves13€257,000€257,000€257,000€257,000€257,000=
Non-distributable reserves130/1€257,000€257,000€257,000€257,000€257,000=
Legal reserve130-€257,000€257,000€257,000€257,000=
Reserves not available under the articles1311€257,000-----
Profit (loss) carried forward14-€824,764-€824,605-€825,999-€828,832-€830,746▼ 0.2%
Amounts payable17/49€30,901€33,390€37,508€43,247€48,158▲ 11.4%
Amounts payable within one year42/48€30,901€33,390€37,508€43,247€48,158▲ 11.4%
Trade debts44€376€896€1,911---
Suppliers440/4€376€896€1,911---
Taxes, remuneration and social security45€5€440€940€903€928▲ 2.8%
Taxes450/3€5€440€940€903€928▲ 2.8%
Other amounts payable47/48€30,520€32,054€34,657€42,343€47,229▲ 11.5%
Line20212022202320242025Change
Profit (loss) for the period9904€501€159-€1,394-€2,833-€1,915▲ 32.4%
Operating cash flow (approximation)€501€159-€1,394-€2,833-€1,915▲ 32.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€96-€77€35€53▲ 51.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €501
Net result €501 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€18,199
Net result drops to -€18,199, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Highest result since 2018net €763 ▲105%
Operating result -€1,386, net result €763, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ravels · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
6,201 m²
Building footprint
40 m²
Volume, LiDAR
121 m³
Parcel 13033B0681/00B000, Flanders · tallest building 15.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STEMDA HOLDING NV
Poppelsemolenweg 1, 2382 RavelsNACE 7415101
since 20022.114.428.962
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13033B0681/00B000 Flanders 6,201 m² 1 · 40 m² 15.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

  • Arendonk Vastgoed BVNLsubsidiary
    Equity -€95,705Result €7,839
    100%

According to the 2025 annual accounts of STEMDA HOLDING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Company details

Identification
Legal formPublic limited company
Founded11-07-2002
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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