STEMDA HOLDING
ActiveSummary
STEMDA HOLDING has been active since 2002 and the Belgian Official 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 financial years (±0.2% per year). The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · financial year 2025, full format
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
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,703 in 2025 against €2,589 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.002m
2025
Net result-€0.002m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2025
Equity€1.0m
2025
Debt€0.05m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.07m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.001m▲ 24.6%-€0.02m▼ 1,400%-€0.002m▲ 90.0%-€0.001m▲ 29.0%-€0.002m▼ 56.8%-€0.003m▼ 11.8%-€0.002m▲ 34.2%
Net result€372-€0.001m▲ 105%-€0.02m€0.001m€159▼ 68.2%-€0.001m-€0.003m▼ 103%-€0.002m▲ 32.4%
Equity€1.0m-€1.0m▲ 0.1%€1.0m▼ 1.8%€1.0m=€1.0m=€1.0m▼ 0.1%€1.0m▼ 0.3%€1.0m▼ 0.2%
Total assets€1.1m-€1.1m▲ 0.2%€1.1m▼ 1.4%€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%€1.1m▲ 0.3%
Debt€0.02m-€0.03m▲ 7.2%€0.03m▲ 11.9%€0.03m▲ 7.5%€0.03m▲ 8.1%€0.04m▲ 12.3%€0.04m▲ 15.3%€0.05m▲ 11.4%
Working capital€0.08m-€0.08m▲ 1.0%€0.08m▼ 0.4%€0.08m▲ 0.6%€0.08m▲ 0.2%€0.08m▼ 1.8%€0.07m▼ 3.7%€0.07m▼ 2.6%
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
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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €969 | €970 | €1,184 | €1,122 | €1,118 | ▼ 0.3% |
| Gross operating margin9900 | -€874 | -€409 | -€2,097 | -€1,111 | -€507 | -€1,131 | -€1,468 | -€585 | ▲ 60.2% |
| Operating profit (loss)9901 | -€1,838 | -€1,386 | -€20,790 | -€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 | €2,475 | €2,537 | €2,601 | €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 | €93 | €43 | €10 | €80 | €1,306 | €1,890 | €3,114 | €3,154 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €544 | €1,107 | -€18,199 | €505 | €216 | -€1,394 | -€2,833 | -€1,915 | ▲ 32.4% |
| Income taxes67/77 | €172 | €345 | - | €5 | €57 | - | - | - | - |
| Profit (loss) for the period9904 | €372 | €763 | -€18,199 | €501 | €159 | -€1,394 | -€2,833 | -€1,915 | ▲ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €372 | €763 | -€18,199 | €501 | €159 | -€1,394 | -€2,833 | -€1,915 | ▲ 32.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.3% |
| Fixed assets21/28 | €1.0m | €1.0m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Financial fixed assets28 | €1.0m | €1.0m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.5% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.5% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.5% |
| Cash at bank and in hand54/58 | €93 | €43 | €10 | €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 | €1.1m | €1.1m | €1.1m | ▲ 0.3% |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 0.2% |
| Contributions10/11 | €1.6m | €1.6m | - | €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 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves not available under the articles1311 | - | - | - | €0.3m | - | - | - | - | - |
| Profit (loss) carried forward14 | -€0.8m | -€0.8m | -€0.8m | -€0.8m | -€0.8m | -€0.8m | -€0.8m | -€0.8m | ▼ 0.2% |
| Amounts payable17/49 | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | ▲ 11.4% |
| Amounts payable within one year42/48 | €0.02m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | €0.05m | ▲ 11.4% |
| Trade debts44 | - | €72 | €326 | €376 | €0.001m | €0.002m | - | - | - |
| Suppliers440/4 | - | - | - | €376 | €0.001m | €0.002m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €5 | €440 | €0.001m | €0.001m | €0.001m | ▲ 2.8% |
| Taxes450/3 | - | - | - | €5 | €440 | €0.001m | €0.001m | €0.001m | ▲ 2.8% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 11.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €372 | €763 | -€18,199 | €501 | €159 | -€1,394 | -€2,833 | -€1,915 | ▲ 32.4% |
| Operating cash flow (approximation) | €372 | €763 | -€18,199 | €501 | €159 | -€1,394 | -€2,833 | -€1,915 | ▲ 32.4% |
| Investment in fixed assets (approximation) | - | €0 | €17,892 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€50 | -€33 | -€5 | €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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 24-07-2026 | 2026-00324707 |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00318903 |
| 31-12-2023 | abbreviated format | 08-08-2024 | 2024-00337849 |
| 31-12-2022 | abbreviated format | 06-07-2023 | 2023-00223228 |
| 31-12-2021 | abbreviated format | 14-07-2022 | 2022-20208807 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-45600219 |
| 31-12-2019 | abbreviated format | 30-07-2020 | 2020-38500349 |
| 31-12-2018 | abbreviated format | 28-08-2019 | 2019-58600248 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-24700359 |
| 31-12-2016 | micro format | 26-07-2017 | 2017-35300390 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.