STEMP
ActiveSummary
The computed 12-month bankruptcy probability of STEMP is 1.5% (moderate). The 2025 annual accounts show equity of €70,023 and a net result of €12,638. Equity is growing by about 60% per year across the filed financial years. Its solvency ranks better than 49% of 22,595 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €70,023
- Profit
- €12,638
Why 64raises riskFounded in 2023Size: total assets €215,706Sector: Retail trade (NACE 47)lowers riskFigures for financial year 2025 (filed 13-07-2026)Show the evidence
Checked score
About 2 in 100 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 (NACE 47, micro): better than 48% on solvency, 67% on liquidity, 48% on profitability and 74% on growth.
The bankruptcy probability was computed on 28-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 9 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 2.84
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 70% below 2024.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 39,278 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €529 | €21,693 | ▲ 41× |
| Other operating charges640/8 | €321 | €995 | €1,856 | ▲ 86.6% |
| Gross operating margin9900 | -€1,892 | €73,235 | €44,786 | ▼ 38.8% |
| Operating profit (loss)9901 | -€2,213 | €71,711 | €21,237 | ▼ 70.4% |
| Financial income75/76B | - | €30 | €124 | ▲ 312% |
| Recurring financial income75 | - | €30 | €124 | ▲ 312% |
| Non-recurring financial income76B | - | €30 | - | - |
| Financial charges65/66B | - | €2,267 | €8,534 | ▲ 276% |
| Recurring financial charges65 | - | €2,191 | €8,534 | ▲ 289% |
| Non-recurring financial charges66B | - | €76 | - | - |
| Profit (loss) for the period before taxes9903 | -€2,213 | €69,474 | €12,827 | ▼ 81.5% |
| Income taxes67/77 | - | €12,876 | €189 | ▼ 98.5% |
| Profit (loss) for the period9904 | -€2,213 | €56,598 | €12,638 | ▼ 77.7% |
| Profit (loss) for the period to be appropriated9905 | -€2,213 | €56,598 | €12,638 | ▼ 77.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,397 | €166,211 | €215,706 | ▲ 29.8% |
| Fixed assets21/28 | - | €36,384 | €157,502 | ▲ 333% |
| Intangible fixed assets21 | - | €1,893 | €10,377 | ▲ 448% |
| Tangible fixed assets22/27 | - | €34,492 | €147,124 | ▲ 327% |
| Land and buildings22 | - | €14,667 | - | - |
| Plant, machinery and equipment23 | - | €19,825 | €119,544 | ▲ 503% |
| Furniture and vehicles24 | - | - | €1,648 | - |
| Other tangible fixed assets26 | - | - | €25,932 | - |
| Current assets29/58 | €3,397 | €129,827 | €58,204 | ▼ 55.2% |
| Stocks and contracts in progress3 | - | €27,090 | €29,324 | ▲ 8.2% |
| Stocks30/36 | - | €27,090 | €29,324 | ▲ 8.2% |
| Amounts receivable within one year40/41 | €397 | €72,588 | €9,368 | ▼ 87.1% |
| Trade receivables40 | - | €67,910 | €4,660 | ▼ 93.1% |
| Other amounts receivable41 | €397 | €4,678 | €4,708 | ▲ 0.7% |
| Cash at bank and in hand54/58 | €3,000 | €29,995 | €17,970 | ▼ 40.1% |
| Deferred charges and accrued income490/1 | - | €154 | €1,541 | ▲ 900% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,397 | €166,211 | €215,706 | ▲ 29.8% |
| Equity10/15 | €787 | €57,385 | €70,023 | ▲ 22.0% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€2,213 | €54,385 | €67,023 | ▲ 23.2% |
| Amounts payable17/49 | €2,610 | €108,826 | €145,683 | ▲ 33.9% |
| Amounts payable after more than one year17 | - | - | €125,215 | - |
| Financial debts170/4 | - | - | €125,215 | - |
| Amounts payable within one year42/48 | €2,610 | €108,826 | €20,468 | ▼ 81.2% |
| Current portion of amounts payable after more than one year42 | - | - | €14,785 | - |
| Trade debts44 | €1,210 | €35,000 | €10 | ▼ 100.0% |
| Suppliers440/4 | €1,210 | €35,000 | €10 | ▼ 100.0% |
| Advances received on contracts in progress46 | - | €57,442 | - | - |
| Taxes, remuneration and social security45 | - | €12,876 | €2,154 | ▼ 83.3% |
| Taxes450/3 | - | €12,876 | €2,154 | ▼ 83.3% |
| Other amounts payable47/48 | €1,400 | €3,508 | €3,518 | ▲ 0.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,213 | €56,598 | €12,638 | ▼ 77.7% |
| + Depreciation and write-downs630 | - | €529 | €21,693 | ▲ 41× |
| Operating cash flow (approximation) | -€2,213 | €57,127 | €34,331 | ▼ 39.9% |
| Investment in fixed assets (approximation) | - | - | -€142,810 | - |
| Change in cash | - | €26,995 | -€12,025 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00284439 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00307083 |
| 31-12-2023 | micro format | 28-07-2024 | 2024-00293247 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| TIRTEY Sebastien |
|
Owners and capital
Capital and shareholders
- Tirtey Sébastien 120 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-12-2023 Incorporation · €3,000 · 120 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
04-12
Gazette deed
IncorporationAppointment: Tirtey Sébastien (director) · Founder · Founding capital8 facts ▸
- Incorporation, “STEMP” (deed in French)
- Founder, Tirtey Sébastien
- Founding capital, €3,000
- Bank account, “BE45 0019 6585 9489, 1000 Bruxelles,Montagne du Parc,3” (deed in French)
- Other provision, “remise attestation bancaire, attestation bancaire de ce dépôt” (deed in French)
- Capital
- Director appointment, Tirtey Sébastien (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements souscrits au nom de la société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 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 |
|---|---|---|---|---|
| 64037A0307/00W000 | Wallonia | 537 m² | 1 · 93 m² | 7.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- STEMP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d'administration peut établir sièges administratifs,d'exploitation,agences et succursales en Belgique ou à…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Représentant permanent suppléant peut être désigné si personne morale est administrateur unique, 1” (deed in French)“Mandat d'administrateur, assemblée générale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Conformément à l’article 1:32. CSA” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par art 2:87 et suivants CSA, assemblée générale détermine le cas échéant les émoluments” (deed in French)