STEMM
ActiveSummary
STEMM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,050 and a net result of -€4,715. Equity is shrinking by ~13.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 23 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)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 12,321 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,725 | €8,659 | €7,786 | €8,875 | €8,875 | = |
| Other operating charges640/8 | €2,621 | €2,327 | €2,543 | €1,913 | €1,537 | ▼ 19.7% |
| Gross operating margin9900 | €3,842 | €13,256 | €9,817 | €184,849 | €5,571 | ▼ 97.0% |
| Operating profit (loss)9901 | -€9,504 | €2,270 | -€512 | €174,061 | -€4,841 | ▼ 103% |
| Financial income75/76B | €2,205 | €78,523 | €11,583 | €137 | €633 | ▲ 362% |
| Recurring financial income75 | €2,205 | €78,523 | €11,583 | €137 | €633 | ▲ 362% |
| Financial charges65/66B | €159 | €1,047 | €5,906 | €254 | €331 | ▲ 30.3% |
| Recurring financial charges65 | €159 | €1,047 | €5,906 | €254 | €331 | ▲ 30.3% |
| Profit (loss) for the period before taxes9903 | -€7,458 | €79,746 | €5,165 | €173,944 | -€4,539 | ▼ 103% |
| Income taxes67/77 | -€116 | €23,388 | €1,644 | €55,258 | €176 | ▼ 99.7% |
| Profit (loss) for the period9904 | -€7,342 | €56,358 | €3,521 | €118,686 | -€4,715 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | -€7,342 | €56,358 | €3,521 | €118,686 | -€4,715 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €577,093 | €657,038 | €164,201 | €260,443 | €255,728 | ▼ 1.8% |
| Fixed assets21/28 | €445,754 | €483,256 | €105,939 | €97,064 | €88,189 | ▼ 9.1% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €111,883 | €113,724 | €105,939 | €97,064 | €88,189 | ▼ 9.1% |
| Land and buildings22 | €111,883 | €113,724 | €105,939 | €97,064 | €88,189 | ▼ 9.1% |
| Financial fixed assets28 | €333,871 | €369,532 | - | - | - | - |
| Current assets29/58 | €131,339 | €173,782 | €58,262 | €163,379 | €167,539 | ▲ 2.5% |
| Current investments50/53 | - | - | - | - | €153,302 | - |
| Cash at bank and in hand54/58 | €131,339 | €172,028 | €55,689 | €163,379 | €14,237 | ▼ 91.3% |
| Deferred charges and accrued income490/1 | - | €1,754 | €2,573 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €577,093 | €657,038 | €164,201 | €260,443 | €255,728 | ▼ 1.8% |
| Equity10/15 | €564,762 | €124,558 | €128,079 | €246,765 | €242,050 | ▼ 1.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €359,503 | €62,558 | €66,079 | €184,765 | €184,765 | = |
| Non-distributable reserves130/1 | €41,600 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €41,600 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €317,903 | €56,358 | €59,879 | €178,565 | €178,565 | = |
| Profit (loss) carried forward14 | €143,259 | €0 | - | - | -€4,715 | - |
| Amounts payable17/49 | €12,331 | €532,480 | €36,122 | €13,678 | €13,678 | = |
| Amounts payable within one year42/48 | €12,331 | €532,480 | €36,122 | €13,678 | €13,678 | = |
| Advances received on contracts in progress46 | €650 | €1,410 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €171,796 | €22,958 | €10,514 | €10,514 | = |
| Taxes450/3 | - | €171,796 | €22,958 | €10,514 | €10,514 | = |
| Other amounts payable47/48 | €11,681 | €359,274 | €13,164 | €3,164 | €3,164 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,342 | €56,358 | €3,521 | €118,686 | -€4,715 | ▼ 104% |
| + Depreciation and write-downs630 | €10,725 | €8,659 | €7,786 | €8,875 | €8,875 | = |
| Operating cash flow (approximation) | €3,383 | €65,017 | €11,307 | €127,561 | €4,160 | ▼ 96.7% |
| Investment in fixed assets (approximation) | - | -€46,161 | €369,531 | €0 | €0 | - |
| Change in cash | - | €40,689 | -€116,339 | €107,690 | -€149,142 | ▼ 238% |
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
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About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0775/00M006 | Flanders | 879 m² | 1 · 233 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.