STEP+
ActiveSummary
STEP+ has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €630,478 and a net result of €14,230. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 10550 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,230▼ 66.9%
2024 · €42,949
Working capital
-€58,698▼ 8.6%
2024 · -€54,028
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 66% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€0.02m
2025
Net result€0.01m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2025
Equity€0.6m
2025
Debt€0.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.06m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency58.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.85
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.06m▲ 48.5%€0.06m▼ 5.0%€0.07m▲ 20.7%€0.04m▼ 39.3%€0.05m▲ 9.0%€0.06m▲ 34.1%€0.02m▼ 65.9%
Net result€0.03m-€0.04m▲ 45.5%€0.04mwithin the sector's middle half▼ 0.9%€0.05mwithin the sector's middle half▲ 20.4%€0.03mwithin the sector's middle half▼ 38.4%€0.03mwithin the sector's middle half▲ 8.8%€0.04mwithin the sector's middle half▲ 34.8%€0.01mwithin the sector's middle half▼ 66.9%
Equity€0.4m-€0.4m▲ 10.4%€0.5mwithin the sector's middle half▲ 9.3%€0.5mwithin the sector's middle half▲ 10.2%€0.5mwithin the sector's middle half▲ 5.7%€0.6mwithin the sector's middle half▲ 5.9%€0.6mwithin the sector's middle half▲ 7.5%€0.6mwithin the sector's middle half▲ 2.3%
Total assets€0.8m-€0.8m▲ 2.8%€0.9mwithin the sector's middle half▲ 4.0%€0.9mwithin the sector's middle half▼ 0.1%€0.9mwithin the sector's middle half▲ 3.1%€0.9mwithin the sector's middle half▲ 2.1%€1.0mwithin the sector's middle half▲ 6.5%€1.1mwithin the sector's middle half▲ 10.2%
Debt€0.4m-€0.4m▼ 4.0%€0.4m▼ 1.4%€0.4m▼ 11.8%€0.4m▼ 0.6%€0.3m▼ 3.5%€0.4m▲ 4.9%€0.5m▲ 23.5%
Working capital-€0.1m--€0.1m▼ 14.0%-€0.1mwithin the sector's middle half▲ 16.5%-€0.09mwithin the sector's middle half▲ 12.2%-€0.08mwithin the sector's middle half▲ 2.6%-€0.07mwithin the sector's middle half▲ 10.8%-€0.05mwithin the sector's middle half▲ 27.1%-€0.06mwithin the sector's middle half▼ 8.6%
Solvency47.0%-50.5%▲ 3.5pp53.0%within the sector's middle half▲ 2.6pp58.5%within the sector's middle half▲ 5.5pp60.0%within the sector's middle half▲ 1.5pp62.2%within the sector's middle half▲ 2.2pp62.8%within the sector's middle half▲ 0.6pp58.3%within the sector's middle half▼ 4.5pp
Current ratio0.36-0.41▲ 0.060.55within the sector's middle half▲ 0.140.56below the sector's middle half▲ 0.010.62within the sector's middle half▲ 0.070.69within the sector's middle half▲ 0.060.81within the sector's middle half▲ 0.120.85within the sector's middle half▲ 0.04
Return on assets (ROA)3.3%-4.7%▲ 1.4pp4.5%within the sector's middle half▼ 0.2pp5.4%within the sector's middle half▲ 0.9pp3.2%within the sector's middle half▼ 2.2pp3.5%within the sector's middle half▲ 0.2pp4.4%within the sector's middle half▲ 0.9pp1.3%within the sector's middle half▼ 3.1pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€755,000 =
Current assets
€325,659 ▲ 44.2%
Equity and liabilities €1.1m
Equity
€630,478 ▲ 2.3%
Debt
€450,181 ▲ 23.5%
Debt's share of the balance-sheet total rises from 37.2% to 41.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20,789▼
2024 · €65,388
Cash flow
€14,230▼
2024 · €47,361
Debt to equity
0.71▲
2024 · 0.59
ROE
2.3%▼
2024 · 7.0%
Interest coverage
54.26▼
2024 · 8245.71
Debt ≤ 1 year
€384,357▲
2024 · €279,941
Debt > 1 year
€65,824▼
2024 · €84,724
Income taxes
€6,181▼
2024 · €18,019
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,750 | €2,750 | €2,750 | €4,413 | €4,413 | €4,413 | €4,413 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,250 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,308 | €868 | €1,180 | €1,234 | €566 | ▼ 54.1% |
| Non-recurring operating charges66A | - | - | - | €1,700 | €0 | - | - | - | - |
| Gross operating margin9900 | €45,786 | €63,825 | €60,764 | €77,422 | €47,009 | €51,061 | €66,622 | €21,355 | ▼ 67.9% |
| Operating profit (loss)9901 | €40,387 | €59,987 | €56,972 | €68,752 | €41,729 | €45,468 | €60,976 | €20,789 | ▼ 65.9% |
| Financial income75/76B | - | - | - | - | - | €0 | €0 | €5 | - |
| Recurring financial income75 | €1 | €0 | - | - | - | €0 | €0 | €5 | - |
| Financial charges65/66B | - | - | - | €242 | €174 | €64 | €8 | €383 | ▲ 4,732% |
| Recurring financial charges65 | €970 | €2,841 | €226 | €242 | €174 | €64 | €8 | €383 | ▲ 4,732% |
| Profit (loss) for the period before taxes9903 | €39,418 | €57,147 | €56,746 | €68,510 | €41,555 | €45,404 | €60,968 | €20,410 | ▼ 66.5% |
| Income taxes67/77 | €12,018 | €17,268 | €17,228 | €20,933 | €12,264 | €13,547 | €18,019 | €6,181 | ▼ 65.7% |
| Profit (loss) for the period9904 | €27,401 | €39,879 | €39,518 | €47,577 | €29,291 | €31,857 | €42,949 | €14,230 | ▼ 66.9% |
| Profit (loss) for the period to be appropriated9905 | €27,401 | €39,879 | €39,518 | €47,577 | €29,291 | €31,857 | €42,949 | €14,230 | ▼ 66.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | €1.0m | €1.1m | ▲ 10.2% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Tangible fixed assets22/27 | €0.008m | €0.006m | €0.003m | €0.01m | €0.009m | €0.004m | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.009m | €0.004m | €0 | - | - |
| Financial fixed assets28 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Current assets29/58 | €0.06m | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 44.2% |
| Amounts receivable within one year40/41 | €0.05m | €0.07m | €0.08m | €0.07m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 54.1% |
| Trade receivables40 | - | - | - | €0.07m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 56.5% |
| Other amounts receivable41 | - | - | - | €0 | €0.001m | €18 | €0.003m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.002m | €0.007m | €0.04m | €0.04m | €0.01m | €0.02m | €0.03m | €0.03m | ▼ 14.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | €1.0m | €1.1m | ▲ 10.2% |
| Equity10/15 | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 2.3% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.04m | €0.07m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 5.3% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 5.3% |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Amounts payable17/49 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.4m | €0.5m | ▲ 23.5% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.08m | €0.07m | ▼ 22.3% |
| Other amounts payable178/9 | - | - | - | €0.2m | €0.1m | €0.1m | €0.08m | €0.07m | ▼ 22.3% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 37.3% |
| Trade debts44 | €0.02m | €0.04m | €0.05m | €0.06m | €0.08m | €0.09m | €0.09m | €0.1m | ▲ 52.5% |
| Suppliers440/4 | - | - | - | €0.06m | €0.08m | €0.09m | €0.09m | €0.1m | ▲ 52.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.05m | ▲ 75.3% |
| Taxes450/3 | - | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.05m | ▲ 75.3% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 20.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,401 | €39,879 | €39,518 | €47,577 | €29,291 | €31,857 | €42,949 | €14,230 | ▼ 66.9% |
| + Depreciation and write-downs630 | €2,750 | €2,750 | €2,750 | €4,413 | €4,413 | €4,413 | €4,413 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €30,151 | €42,629 | €42,268 | €51,989 | €33,703 | €36,269 | €47,361 | €14,230 | ▼ 70.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€14,900 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,091 | €30,530 | €2,624 | -€29,831 | €5,510 | €16,868 | -€4,761 | ▼ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 82,670 companies in this sector we hold annual accounts for 54,217. 33,165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector