STEMICH
ActiveSummary
STEMICH has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €992,327 and a net result of €6,928. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €992,327
- Profit
- €6,928
- Holdings
- 1
Why 93raises riskLiquidity: current ratio 2.80, cash €15,985lowers riskSize: total assets €1.3mEquity €992,327 (78.0% of total assets)No main activity registeredShow the evidence
Checked score
Fewer than 1 in 1,000 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 (no NACE code, micro): better than 81% on solvency, 27% on liquidity, 30% on profitability and 50% on growth.
The bankruptcy probability was computed on 26-10-2026 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 7 accounts on average 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Amendment of the articles · Resignations…Capital · Kind of shares…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €2,562 in 2025 against €4,346 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.
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.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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 14,766 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,090 | €1,192 | €1,258 | €1,243 | ▼ 1.2% |
| Gross operating margin9900 | €73,851 | €32,474 | €99,445 | €114,129 | €81,875 | -€3,088 | -€1,319 | ▲ 57.3% |
| Operating profit (loss)9901 | €72,700 | €31,387 | €98,357 | €113,040 | €80,683 | -€4,346 | -€2,562 | ▲ 41.1% |
| Financial income75/76B | - | - | - | €3 | €243,650 | €12,635 | €10,183 | ▼ 19.4% |
| Recurring financial income75 | - | - | - | €3 | €243,650 | €12,635 | €10,183 | ▼ 19.4% |
| Recurring financial charges65 | €42 | €21 | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €72,658 | €31,366 | €98,357 | €113,043 | €324,333 | €8,289 | €7,621 | ▼ 8.1% |
| Income taxes67/77 | €6,605 | €2,851 | €8,942 | €10,277 | €29,485 | €754 | €693 | ▼ 8.1% |
| Profit (loss) for the period9904 | €66,053 | €28,515 | €89,416 | €102,766 | €294,848 | €7,536 | €6,928 | ▼ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €66,053 | €28,515 | €89,416 | €102,766 | €294,848 | €7,536 | €6,928 | ▼ 8.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.9m | €0.9m | €1.0m | €1.3m | €1.3m | €1.3m | ▲ 0.5% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.5m | €0.5m | €0.5m | = |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.5m | €0.5m | €0.5m | = |
| Current assets29/58 | €0.1m | €0.2m | €0.3m | €0.4m | €0.8m | €0.8m | €0.8m | ▲ 0.9% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €0.003m | €0.002m | ▼ 22.3% |
| Other amounts receivable41 | - | - | - | - | - | €0.003m | €0.002m | ▼ 22.3% |
| Current investments50/53 | - | - | - | - | €0.4m | €0.4m | €0.4m | = |
| Cash at bank and in hand54/58 | €0.006m | €0.03m | €0.06m | €0.04m | €0.05m | €0.007m | €0.02m | ▲ 121% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.9m | €0.9m | €1.0m | €1.3m | €1.3m | €1.3m | ▲ 0.5% |
| Equity10/15 | €0.5m | €0.6m | €0.6m | €0.7m | €1.0m | €1.0m | €1.0m | ▲ 0.7% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.5m | €0.5m | €0.6m | €0.7m | €0.9m | €0.9m | €0.9m | ▲ 0.8% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.7m | €0.9m | €0.9m | €0.9m | ▲ 0.8% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Amounts payable after more than one year17 | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other amounts payable178/9 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Trade debts44 | - | €0.001m | €0.001m | €0.001m | €0.02m | €0.001m | €0.001m | ▲ 3.2% |
| Suppliers440/4 | - | - | - | €0.001m | €0.02m | €0.001m | €0.001m | ▲ 3.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.03m | - | - | - |
| Taxes450/3 | - | - | - | €0.01m | €0.03m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,053 | €28,515 | €89,416 | €102,766 | €294,848 | €7,536 | €6,928 | ▼ 8.1% |
| Operating cash flow (approximation) | €66,053 | €28,515 | €89,416 | €102,766 | €294,848 | €7,536 | €6,928 | ▼ 8.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €166,350 | €0 | €0 | - |
| Change in cash | - | €24,379 | €29,881 | -€25,679 | €17,396 | -€45,210 | €8,742 | - |
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 30 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 02-12-2025 | 2025-00576961 |
| 30-06-2024 | abbreviated format | 17-12-2024 | 2024-00618949 |
| 30-06-2023 | abbreviated format | 22-12-2023 | 2023-00536569 |
| 30-06-2022 | abbreviated format | 16-12-2022 | 2022-20539320 |
| 30-06-2021 | abbreviated format | 04-01-2022 | 2022-00300156 |
| 30-06-2020 | abbreviated format | 22-12-2020 | 2020-77100009 |
| 30-06-2019 | abbreviated format | 10-12-2019 | 2019-75700567 |
| 30-06-2018 | abbreviated format | 13-12-2018 | 2018-74500156 |
| 30-06-2017 | abbreviated format | 19-12-2017 | 2017-72700119 |
| 30-06-2016 | abbreviated format | 19-12-2016 | 2016-70900178 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 11-01-2024 Capital stated in the deed · €61,973.38
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
93.75%
According to the annual accounts to 30-06-2025 of STEMICH and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 1 of 7 Gazette acts processed.
History
Acts, filings and financial milestones
11-01
Gazette deed
Amendment of the articles · Resignations & appointmentsCapital · Kind of shares · Registered office clause6 facts ▸
- General meeting, “9890 Gavere,Legen Heirweg 18, buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles
- Capital, €61,973.38
- Kind of shares, 100, “met stemrecht” (deed in Dutch)
- Other provision, “na jaarvergadering van 2029, zes jaar” (deed in Dutch)
- Registered office clause, “9890 Gavere, gevestigd blijft” (deed in Dutch)
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44003A0057/00D000 | Flanders | 1,780 m² | 1 · 2,041 m² | 6.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het deelnemen in Belgische of vreemde bestaande of op te richten vennootschappen en ondernemingen,door inschrijving,inbreng,ruil of koop…” (deed in Dutch)
9 activities (deed in Dutch)
- Het deelnemen in Belgische of vreemde bestaande of op te richten vennootschappen en ondernemingen,door inschrijving,inbreng,ruil of koop.
- Het beleggen,beheren,valoriseren en cederen van roerende waarden en bezittingen,onder meer van participaties in andere vennootschappen.
- Het aankopen,verkopen,beheren,huren en verhuren van onroerende goederen.
- Het geven van adviezen op het gebied van management en computerisering in de meest ruime zin.
- Het besturen en begeleiden van ondernemingen en vennootschappen en het vervullen van de opdracht van bestuurder of vereffenaar.
- Zij kan alle verrichtingen doen die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk betrekking hebben op haar voorwerp of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of te bevorderen.
- Zij kan,binnen de grenzen van dat beheer,ook onroerende goederen vervreemden en zij kan de opbrengst daarvan herbeleggen in allerhande onroerende goederen en waarden.
- De vennootschap zal in het algemeen alle burgerlijke,industriële,financiële,roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn het bereiken ervan geheel of ten dele te vergemakkelijken.
- Zij mag deelnemen bij wijze van inbreng,versmelting,inschrijving of andere tussenkomst aan alle bestaande of op te richten vennootschappen,zowel in België als in het buitenland en waarvan het voorwerp gelijkwaardig of aanverwant is aan het hare.
- Name clauseThe name the company operates under according to its articles.
- STEMICH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, natuurlijke of rechtspersonen,al dan niet aandeelhouders” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer, ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)2 more provisions on this in the deed