Stemital
ActiveSummary
The computed 12-month bankruptcy probability of Stemital is 1.7% (moderate). The 2025 annual accounts show equity of €87,019 and a net result of €12,602. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 1041 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+58
Solvency92▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.54 in 2024; short-term debt: 33.5% and cash: 36.4% of total assets), and 33.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.5%
Return on assets
9.6%
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 05-06-2026, 56 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
56 d early
2024
50 d early
2023
37 d early
2022
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€87,019▲ 16.9%
2024 · €74,416
Total assets
€130,853▲ 2.8%
2024 · €127,288
Net result
€12,602
2024 · -€10,440
Working capital
€40,705▲ 42.5%
2024 · €28,565
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€69,835-€43,036▼ 38.4%-€10,023€14,759
Net result€51,583within the sector's middle half-€30,274within the sector's middle half▼ 41.3%-€10,440below the sector's middle half€12,602within the sector's middle half
Equity€54,583below the sector's middle half-€84,857below the sector's middle half▲ 55.5%€74,416below the sector's middle half▼ 12.3%€87,019below the sector's middle half▲ 16.9%
Total assets€169,972below the sector's middle half-€140,549below the sector's middle half▼ 17.3%€127,288below the sector's middle half▼ 9.4%€130,853below the sector's middle half▲ 2.8%
Debt€115,389-€55,692▼ 51.7%€52,872▼ 5.1%€43,834▼ 17.1%
Working capital€4,210below the sector's middle half-€42,458below the sector's middle half▲ 909%€28,565below the sector's middle half▼ 32.7%€40,705within the sector's middle half▲ 42.5%
Solvency32.1%within the sector's middle half-60.4%within the sector's middle half▲ 28.3pp58.5%within the sector's middle half▼ 1.9pp66.5%within the sector's middle half▲ 8.0pp
Current ratio1.04below the sector's middle half-1.76within the sector's middle half▲ 0.731.54within the sector's middle half▼ 0.221.93within the sector's middle half▲ 0.39
Return on assets (ROA)30.3%above the sector's middle half-21.5%above the sector's middle half▼ 8.8pp-8.2%below the sector's middle half▼ 29.7pp9.6%within the sector's middle half▲ 17.8pp
Staff (FTE)0.1below the sector's middle half-0.2below the sector's middle half▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14,759 after a loss of €10,023 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,853
Fixed assets
€46,313 ▲ 1.0%
Current assets
€84,540 ▲ 3.8%
Equity and liabilities €130,853
Equity
€87,019 ▲ 16.9%
Debt
€43,834 ▼ 17.1%
Debt's share of the balance-sheet total falls from 41.5% to 33.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,345▲
2024 · €889
Cash flow
€27,188▲
2024 · €472
Quick ratio
1.51▲
2024 · 1.04
Debt to equity
0.50▼
2024 · 0.71
ROE
14.5%▲
2024 · -14.0%
Interest coverage
37.69▲
2024 · 1.74
Debt ≤ 1 year
€43,834▼
2024 · €52,872
Income taxes
€1,393
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,294 | €2,159 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,736 | €10,474 | €10,912 | €14,586 | ▲ 33.7% |
| Other operating charges640/8 | €1,063 | €753 | €775 | €858 | ▲ 10.8% |
| Gross operating margin9900 | €81,928 | €56,422 | €1,663 | €30,203 | ▲ 1,716% |
| Operating profit (loss)9901 | €69,835 | €43,036 | -€10,023 | €14,759 | ▲ 247% |
| Financial income75/76B | €25 | €82 | €92 | €15 | ▼ 83.7% |
| Recurring financial income75 | €25 | €82 | €92 | €15 | ▼ 83.7% |
| Financial charges65/66B | €303 | €712 | €510 | €779 | ▲ 52.8% |
| Recurring financial charges65 | €303 | €712 | €510 | €779 | ▲ 52.8% |
| Profit (loss) for the period before taxes9903 | €69,557 | €42,406 | -€10,440 | €13,995 | ▲ 234% |
| Income taxes67/77 | €17,974 | €12,132 | - | €1,393 | - |
| Profit (loss) for the period9904 | €51,583 | €30,274 | -€10,440 | €12,602 | ▲ 221% |
| Profit (loss) for the period to be appropriated9905 | €51,583 | €30,274 | -€10,440 | €12,602 | ▲ 221% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €169,972 | €140,549 | €127,288 | €130,853 | ▲ 2.8% |
| Fixed assets21/28 | €50,373 | €42,399 | €45,851 | €46,313 | ▲ 1.0% |
| Intangible fixed assets21 | €799 | €599 | €399 | €199 | ▼ 50.1% |
| Tangible fixed assets22/27 | €49,574 | €41,800 | €45,452 | €46,114 | ▲ 1.5% |
| Land and buildings22 | €12,960 | €13,933 | €12,328 | €10,723 | ▼ 13.0% |
| Plant, machinery and equipment23 | €28,340 | €20,944 | €27,551 | €25,906 | ▼ 6.0% |
| Furniture and vehicles24 | €8,273 | €6,923 | €5,573 | €9,485 | ▲ 70.2% |
| Current assets29/58 | €119,599 | €98,150 | €81,437 | €84,540 | ▲ 3.8% |
| Stocks and contracts in progress3 | €6,675 | €21,571 | €26,582 | €18,310 | ▼ 31.1% |
| Stocks30/36 | €6,675 | €21,571 | €26,582 | €18,310 | ▼ 31.1% |
| Amounts receivable within one year40/41 | €72,668 | €31,786 | €22,228 | €18,395 | ▼ 17.2% |
| Trade receivables40 | €70,642 | €28,918 | €15,570 | €14,827 | ▼ 4.8% |
| Other amounts receivable41 | €2,026 | €2,868 | €6,658 | €3,568 | ▼ 46.4% |
| Cash at bank and in hand54/58 | €39,324 | €44,562 | €32,394 | €47,601 | ▲ 46.9% |
| Deferred charges and accrued income490/1 | €932 | €232 | €233 | €233 | ▲ 0.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €169,972 | €140,549 | €127,288 | €130,853 | ▲ 2.8% |
| Equity10/15 | €54,583 | €84,857 | €74,416 | €87,019 | ▲ 16.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €51,583 | €81,857 | €81,857 | €84,019 | ▲ 2.6% |
| Distributable reserves133 | €51,583 | €81,857 | €81,857 | €84,019 | ▲ 2.6% |
| Profit (loss) carried forward14 | - | - | -€10,440 | - | - |
| Amounts payable17/49 | €115,389 | €55,692 | €52,872 | €43,834 | ▼ 17.1% |
| Amounts payable within one year42/48 | €115,389 | €55,692 | €52,872 | €43,834 | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | €20,000 | €15,000 | - | - | - |
| Trade debts44 | €70,726 | €10,500 | €8,175 | €5,345 | ▼ 34.6% |
| Suppliers440/4 | €70,726 | €10,500 | €8,175 | €5,345 | ▼ 34.6% |
| Taxes, remuneration and social security45 | €4,146 | €8,783 | €367 | €1,985 | ▲ 441% |
| Taxes450/3 | €1,755 | €8,783 | €367 | €1,985 | ▲ 441% |
| Remuneration and social security454/9 | €2,391 | - | - | - | - |
| Other amounts payable47/48 | €20,517 | €21,409 | €44,330 | €36,505 | ▼ 17.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,583 | €30,274 | -€10,440 | €12,602 | ▲ 221% |
| + Depreciation and write-downs630 | €8,736 | €10,474 | €10,912 | €14,586 | ▲ 33.7% |
| Operating cash flow (approximation) | €60,318 | €40,748 | €472 | €27,188 | ▲ 5,666% |
| Investment in fixed assets (approximation) | - | -€2,500 | -€14,364 | -€15,048 | ▼ 4.8% |
| Change in cash | - | €5,238 | -€12,167 | €15,207 | ▲ 225% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €12,602
Net result €12,602 after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€10,440
Net result drops to -€10,440, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2021
Ground area
941 m²
Building footprint
147 m²
Volume, LiDAR
307 m³
Parcel 13452N1289/00K000, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
Stemital
since 20212.325.828.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452N1289/00K000 | Flanders | 941 m² | 1 · 147 m² | 8.0 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 2 entries · 500 EUR awarded · 875 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 500 EUR | 875 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 live approvalLassen-constructie duaal (so)
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Of 980 companies in sector 25401 we hold annual accounts for 407. 320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
25530Machining of metals
47279Other retail sale of food
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779300176
Also
9925:BE0779300176
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.