STEPAGELS
ActiveSTEPAGELS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €984k and a net result of €158k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.63 against 3.75 in 2023; short-term debt: 15.2% and cash: 30% of total assets), and 15.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.6%
Return on assets
13.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
48 d late
2022
31 d late
2021
25 d late
2020
87 d late
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€984k▲ 19.1%
2023 · €826k
2018: €144k
2019: €235k
2020: €324k
2021: €527k
2022: €654k
2023: €826k
2018 → 2024
Total assets
€1.16M▲ 12.9%
2023 · €1.03M
2018: €291k
2019: €391k
2020: €510k
2021: €778k
2022: €914k
2023: €1.03M
2018 → 2024
Net result
€158k▼ 8.4%
2023 · €173k
2018: €36k
2019: €91k
2020: €89k
2021: €203k
2022: €118k
2023: €173k
2018 → 2024
Working capital
€642k▲ 34.5%
2023 · €478k
2018: €132k
2019: €214k
2020: €167k
2021: €210k
2022: €308k
2023: €478k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€324k-€527k▲ 62.6%€654k▲ 24.1%€826k▲ 26.4%€984k▲ 19.1%
Operating result€131k-€267k▲ 104%€176k▼ 34.0%€247k▲ 40.1%€230k▼ 7.0%
Net result€89k-€203k▲ 127%€118k▼ 41.9%€173k▲ 46.5%€158k▼ 8.4%
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 falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.16M
Fixed assets
€345k▼ 9.2%
Current assets
€819k▲ 25.8%
Equity and liabilities €1.16M
Equity
€984k▲ 19.1%
Debt
€179k▼ 12.4%
The debt ratio falls from 19.8% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€308k▼
2023 · €325k
Cash flow
€236k▼
2023 · €251k
Solvency
84.6%▲
2023 · 80.2%
Current ratio
4.63▲
2023 · 3.75
Quick ratio
4.00▲
2023 · 3.09
Debt / equity
0.18▼
2023 · 0.25
ROE
16.1%▼
2023 · 20.9%
ROA
13.6%▼
2023 · 16.7%
Interest coverage
76.64▼
2023 · 390.89
Debt
€179k▼
2023 · €204k
Debt ≤ 1 year
€177k▲
2023 · €174k
Income taxes
€68k▼
2023 · €75k
Staff costs
€74k▲
2023 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.03M€1.16M▲
Fixed assets21/28€380k€345k▼
Intangible fixed assets21€1k€907▼
Tangible fixed assets22/27€378k€343k▼
Plant, machinery and equipment23€48k€61k▲
Furniture and vehicles24€58k€39k▼
Other tangible fixed assets26€272k€243k▼
Financial fixed assets28€636€636=
Current assets29/58€651k€819k▲
Amounts receivable after more than one year29€50k€250k▲
Other amounts receivable291€50k€250k▲
Stocks and contracts in progress3€115k€111k▼
Stocks30/36€115k€111k▼
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€263-
Current investments50/53€100k€95k▼
Cash at bank and in hand54/58€373k€349k▼
Deferred charges and accrued income490/1€7k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.16M▲
Equity10/15€826k€984k▲
Contributions10/11€29k€29k=
Reserves13€797k€955k▲
Distributable reserves133€797k€955k▲
Amounts payable17/49€204k€179k▼
Amounts payable after more than one year17€18k-
Financial debts170/4€18k-
Amounts payable within one year42/48€174k€177k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€38k€59k▲
Suppliers440/4€38k€59k▲
Advances received on contracts in progress46€29k€34k▲
Taxes, remuneration and social security45€65k€47k▼
Taxes450/3€54k€40k▼
Remuneration and social security454/9€12k€7k▼
Other amounts payable47/48€23k€18k▼
Accrued charges and deferred income492/3€13k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€69k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€78k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€396k€384k▼
Operating profit (loss)9901€247k€230k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€832€9k▲
Recurring financial charges65€832€4k▲
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€248k€226k▼
Income taxes67/77€75k€68k▼
Profit (loss) for the period9904€173k€158k▼
Profit (loss) for the period to be appropriated9905€173k€158k▼
Appropriation of the result
Profit (loss) to be appropriated9906€173k€158k▼
Transfer to equity691/2€173k€158k▼
To other reserves6921€173k€158k▼
Social balance
Average headcount (FTE)90872.22.6▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 48 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €203k ▲127%
Operating result €267k, net result €203k, both a record.
31-12
Financial
Equity above €500kEq €527k ▲62.6%
4 profitable years in a row build equity to €527k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Equity above €200kEq €235k ▲63.2%
2 profitable years in a row build equity to €235k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Aalst · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pachthofstraat 269308 AalstGround area
807 m²
Building footprint
314 m²
Volume, LiDAR
1,086 m³
Parcel 41019B0132/00V004, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pacht 26
since 20102.186.107.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41019B0132/00V004 | Flanders | 806 m² | 1 · 314 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.186.107.113
Legal Entity Identifier
2549006PAUQ67N0UXX77
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DELITRAITEUR
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 2,685 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.