Summary
STENO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €186,229 and a net result of €29,484. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 44% of 5585 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
51 d early
2024
8 d early
2023
12 d early
2022
28 d early
2021
13 d early
2020
10 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 18 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€186,229▼ 49.8%
2024 · €371,008
Net result
€29,484▼ 42.8%
2024 · €51,517
Total assets
€422,366▼ 7.1%
2024 · €454,860
Solvency
44.1%▼ 37.5pp
2024 · 81.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€90,702▲ 17.0%€125,613▲ 38.5%€101,699▼ 19.0%€74,236▼ 27.0%€42,345▼ 43.0%
Net result€66,877within the sector's middle half▲ 19.0%€91,171within the sector's middle half▲ 36.3%€70,228within the sector's middle half▼ 23.0%€51,517within the sector's middle half▼ 26.6%€29,484within the sector's middle half▼ 42.8%
Equity€219,830within the sector's middle half▲ 43.7%€311,001within the sector's middle half▲ 41.5%€381,230within the sector's middle half▲ 22.6%€371,008within the sector's middle half▼ 2.7%€186,229within the sector's middle half▼ 49.8%
Total assets€237,150below the sector's middle half▲ 36.9%€328,537below the sector's middle half▲ 38.5%€412,845below the sector's middle half▲ 25.7%€454,860below the sector's middle half▲ 10.2%€422,366below the sector's middle half▼ 7.1%
Debt€17,320▼ 14.5%€17,536▲ 1.2%€31,616▲ 80.3%€83,852▲ 165%€236,137▲ 182%
Working capital€219,065within the sector's middle half▲ 44.5%€306,061within the sector's middle half▲ 39.7%€378,508above the sector's middle half▲ 23.7%€370,250above the sector's middle half▼ 2.2%€186,133within the sector's middle half▼ 49.7%
Solvency92.7%above the sector's middle half▲ 4.4pp94.7%above the sector's middle half▲ 2.0pp92.3%above the sector's middle half▼ 2.3pp81.6%above the sector's middle half▼ 10.8pp44.1%within the sector's middle half▼ 37.5pp
Current ratio13.65above the sector's middle half▲ 5.1718.45above the sector's middle half▲ 4.8012.97above the sector's middle half▼ 5.485.42above the sector's middle half▼ 7.551.79within the sector's middle half▼ 3.63
Return on assets (ROA)28.2%above the sector's middle half▼ 4.3pp27.8%above the sector's middle half▼ 0.4pp17.0%above the sector's middle half▼ 10.7pp11.3%within the sector's middle half▼ 5.7pp7.0%within the sector's middle half▼ 4.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422,366
Fixed assets
€96 ▼ 88.0%
Current assets
€422,270 ▼ 7.0%
Equity and liabilities €422,366
Equity
€186,229 ▼ 49.8%
Debt
€236,137 ▲ 182%
Debt's share of the balance-sheet total rises from 18.4% to 55.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
15.8%▲
2024 · 13.9%
Debt ≤ 1 year
€236,137▲
2024 · €83,808
Income taxes
€15,149▼
2024 · €25,340
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €370 | €1,584 | €2,219 | €1,920 | €706 | ▼ 63.2% |
| Other operating charges640/8 | - | €635 | €578 | €592 | €601 | ▲ 1.6% |
| Gross operating margin9900 | €91,766 | €127,832 | €104,496 | €76,748 | €43,652 | ▼ 43.1% |
| Operating profit (loss)9901 | €90,702 | €125,613 | €101,699 | €74,236 | €42,345 | ▼ 43.0% |
| Financial income75/76B | - | €3,010 | €3,118 | €3,638 | €3,467 | ▼ 4.7% |
| Recurring financial income75 | €2,206 | €3,010 | €3,118 | €3,638 | €3,467 | ▼ 4.7% |
| Financial charges65/66B | - | €404 | €593 | €1,018 | €1,179 | ▲ 15.9% |
| Recurring financial charges65 | €333 | €404 | €593 | €1,018 | €1,179 | ▲ 15.9% |
| Profit (loss) for the period before taxes9903 | €92,574 | €128,218 | €104,223 | €76,856 | €44,633 | ▼ 41.9% |
| Income taxes67/77 | €25,698 | €37,047 | €33,995 | €25,340 | €15,149 | ▼ 40.2% |
| Profit (loss) for the period9904 | €66,877 | €91,171 | €70,228 | €51,517 | €29,484 | ▼ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €66,877 | €91,171 | €70,228 | €51,517 | €29,484 | ▼ 42.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €237,150 | €328,537 | €412,845 | €454,860 | €422,366 | ▼ 7.1% |
| Fixed assets21/28 | €765 | €4,940 | €2,722 | €802 | €96 | ▼ 88.0% |
| Tangible fixed assets22/27 | €669 | €4,844 | €2,626 | €706 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €4,844 | €2,626 | €706 | €0 | ▼ 100% |
| Financial fixed assets28 | €96 | €96 | €96 | €96 | €96 | = |
| Current assets29/58 | €236,385 | €323,597 | €410,123 | €454,058 | €422,270 | ▼ 7.0% |
| Amounts receivable after more than one year29 | - | €145,000 | €145,000 | €145,000 | €87,000 | ▼ 40.0% |
| Trade receivables290 | - | €145,000 | €0 | - | - | - |
| Other amounts receivable291 | - | - | €145,000 | €145,000 | €87,000 | ▼ 40.0% |
| Amounts receivable within one year40/41 | €6,612 | €87,379 | €133,673 | €169,205 | €175,873 | ▲ 3.9% |
| Trade receivables40 | - | €83,426 | €133,673 | €164,889 | €170,738 | ▲ 3.5% |
| Other amounts receivable41 | - | €3,953 | €0 | €4,316 | €5,135 | ▲ 19.0% |
| Cash at bank and in hand54/58 | €82,347 | €88,413 | €128,476 | €136,658 | €157,155 | ▲ 15.0% |
| Deferred charges and accrued income490/1 | - | €2,806 | €2,975 | €3,194 | €2,243 | ▼ 29.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €237,150 | €328,537 | €412,845 | €454,860 | €422,366 | ▼ 7.1% |
| Equity10/15 | €219,830 | €311,001 | €381,230 | €371,008 | €186,229 | ▼ 49.8% |
| Contributions10/11 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Reserves13 | €184,830 | €276,001 | €346,230 | €336,008 | €151,229 | ▼ 55.0% |
| Non-distributable reserves130/1 | - | €4,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | €4,000 | - | - | - | - |
| Distributable reserves133 | - | €272,001 | €346,230 | €336,008 | €151,229 | ▼ 55.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €17,320 | €17,536 | €31,616 | €83,852 | €236,137 | ▲ 182% |
| Amounts payable within one year42/48 | €17,320 | €17,536 | €31,616 | €83,808 | €236,137 | ▲ 182% |
| Financial debts43 | - | - | - | - | €1 | - |
| Credit institutions430/8 | - | - | - | - | €1 | - |
| Trade debts44 | €804 | €928 | €642 | €588 | €293 | ▼ 50.1% |
| Suppliers440/4 | - | €928 | €642 | €588 | €293 | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | €5,881 | €17,907 | €6,218 | €6,362 | ▲ 2.3% |
| Taxes450/3 | - | €4,064 | €16,067 | €4,372 | €4,391 | ▲ 0.4% |
| Remuneration and social security454/9 | - | €1,817 | €1,840 | €1,846 | €1,971 | ▲ 6.8% |
| Other amounts payable47/48 | - | €10,727 | €13,067 | €77,002 | €229,480 | ▲ 198% |
| Accrued charges and deferred income492/3 | - | - | - | €44 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,877 | €91,171 | €70,228 | €51,517 | €29,484 | ▼ 42.8% |
| + Depreciation and write-downs630 | €370 | €1,584 | €2,219 | €1,920 | €706 | ▼ 63.2% |
| Operating cash flow (approximation) | €67,247 | €92,756 | €72,447 | €53,436 | €30,190 | ▼ 43.5% |
| Investment in fixed assets (approximation) | - | -€5,760 | €0 | €0 | €0 | - |
| Change in cash | - | €6,065 | €40,063 | €8,182 | €20,497 | ▲ 150% |
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
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €29,484 ▼42.8%
Net result drops to €29,484, the lowest in the series.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €91,171 ▲36.3%
Operating result €125,613, net result €91,171, both a record.
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €200,000Eq €219,830 ▲43.7%
3 profitable years in a row build equity to €219,830.
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity triplescurrent ratio 8.48
Current ratio from 2.77 to 8.48; short-term debt falls from €54,191 to €20,259.
30-06
Financial
Equity above €150,000Eq €152,953 ▲58.1%
2 profitable years in a row build equity to €152,953.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Horebeke · 1 establishment unit since 2017
Ground area
2,586 m²
Building footprint
230 m²
Volume, LiDAR
823 m³
Parcel 45048B0459/00D000, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STENO
since 20172.272.182.834
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45048B0459/00D000 | Flanders | 2,585 m² | 1 · 230 m² | 5.7 m · 1 fl. |
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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,471 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
Founded04-12-2017
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685605995
Registered
01-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.