STEP OUT
ActiveSummary
The computed 12-month bankruptcy probability of STEP OUT is 6.0% (elevated). The 2024 annual accounts show equity of €5,682 and a net result of -€19,818. Its solvency ranks better than 23% of 585 sector peers (NACE 79, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-11-2023 Normal situation
- Activity
- Travel agency, tour operator and other reservation service and related activities NACE 79120
- Establishment unit
- 2.355.352.812 2610 Antwerpen, since 07-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Board and ownership
- Hashassi HoriaDirector · since 07-11-2023
- LAMRI HaronDirector · since 07-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.0%
- Gross margin
- -€19,042
- Loss
- €19,818
- Equity
- €5,682
- Total assets
- €40,297
- 2024 accounts filed 50 days after the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 29-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 50 days late; 1 of the last 3 accounts lateFounded in 2023Loss of €19,818 (financial year 2024)Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 79, micro). It does better than 24% of them on solvency, 24% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its 2024 accounts 50 days after the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2024 annual accounts filed 50 days after the deadline Filed on 19 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00508363.
Annual accounts 2024 filed on 19-09-2025 PDF
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €338 |
| Gross operating margin9900 | -€19,042 |
| Operating profit (loss)9901 | -€19,380 |
| Financial income75/76B | €60 |
| Recurring financial income75 | €60 |
| Financial charges65/66B | €484 |
| Recurring financial charges65 | €484 |
| Profit (loss) for the period before taxes9903 | -€19,804 |
| Income taxes67/77 | €14 |
| Profit (loss) for the period9904 | -€19,818 |
| Profit (loss) for the period to be appropriated9905 | -€19,818 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €40,297 | |
| Current assets29/58 | €40,297 | |
| Amounts receivable within one year40/41 | €9,366 | |
| Trade receivables40 | €8,490 | |
| Other amounts receivable41 | €876 | |
| Cash at bank and in hand54/58 | €12,309 | |
| Deferred charges and accrued income490/1 | €18,622 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €40,297 | |
| Equity10/15 | €5,682 | |
| Contributions10/11 | €25,500 | |
| Profit (loss) carried forward14 | -€19,818 | |
| Amounts payable17/49 | €34,615 | |
| Amounts payable within one year42/48 | €34,615 | |
| Trade debts44 | €19,241 | |
| Suppliers440/4 | €19,241 | |
| Advances received on contracts in progress46 | €10,348 | |
| Other amounts payable47/48 | €5,026 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€19,818 |
| Operating cash flow (approximation) | -€19,818 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,207 companies had the same profile as STEP OUT has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STEP OUT itself is higher: 6.0% within 12 months. It rests on far more data about STEP OUT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,207 companies, not a prediction for STEP OUT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 19-09-2025 | 2025-00508363 |
Board & ownership
Directors
Owners and capital
Shareholders
- Hashassi Horia founder
- LAMRI Haron founder
Capital transactions
- 15-03-2024 Capital increase of €25,000 · to €25,500 · 500 new shares at €50 per share · in cash
- 09-11-2023 Incorporation · €500
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Hashassi Horia |
|
| LAMRI Haron |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één(1)of meerdere, 1”“2”
Articles of association, deed of 09-11-2023 (in Dutch)
Network & group
STEP OUT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of STEP OUT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-01
Gazette deed
MiscellaneousCapital contribution3 points ▸
- General meeting, 18-12-2025
- Capital contribution
- Other provision, “geen uitgifte nieuwe aandelen”, 0 (deed in Dutch)
15-03
Gazette deed
Capital increase of €25,000 to €25,500Amendment of the articles4 points ▸
- General meeting, 08-03-2024
- Other provision, “afstand van verslag bestuursorgaan, alle aandeelhouders aanwezig of geldig vertegenwoordigd” (deed in Dutch)
- Capital increase, €25,000
- Amendment of the articles, “Artikel 5” (deed in Dutch)
09-11
Gazette deed
IncorporationStarting capital €500 · Appointments: Hashassi Horia (statutory director) and LAMRI Haron (statutory director) · Founder10 points ▸
- Incorporation, 06-11-2023
- Founder, Hashassi Horia
- Founder, LAMRI Haron
- Founding capital, €500
- Share issue, “op naam”, 500 (deed in Dutch)
- Capital
- Other provision, “kosten uitgaven vergoedingen lasten in welke vorm ook voor rekening vennootschap wegens oprichting” (deed in Dutch)
- Other provision, “tijdstip aanvang bedrijvigheid, dag verkrijging rechtspersoonlijkheid bij neerlegging uittreksel oprichtingsakte bij griffie bevoegde ondernemingsrechtbank” (deed in Dutch)
- Director appointment, Hashassi Horia (statutory director)
- Director appointment, LAMRI Haron (statutory director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- Reisbureaus en reisorganisatoren
- Reisbureaus
- Reisorganisatoren
- Reserveringsbureaus en aanverwante activiteiten
- Reserveringsbureaus en aanverwante activiteiten
- Toeristische informatiediensten
- Overige reserveringsactiviteiten
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11462A0007/00P002 | Flanders | 102 m² | 1 · 84 m² | 12.5 m · 3 |