Stephan Brouwers
ActiveStephan Brouwers has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €108k. Equity is growing by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+14
Solvency60▼-17
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 5.81 in 2024; short-term debt: 11.8% and cash: 26.6% of total assets), but 65.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.7%
Return on assets
21%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
15 d late
2022
4 d early
2021
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€179k▼ 52.2%
2024 · €374k
2021: €70k
2022: €187k
2023: €304k
2024: €374k
2021 → 2025
Total assets
€515k▼ 28.9%
2024 · €725k
2021: €107k
2022: €233k
2023: €333k
2024: €725k
2021 → 2025
Net result
€108k▲ 55.3%
2024 · €70k
2021: €55k
2022: €117k
2023: €117k
2024: €70k
2021 → 2025
Working capital
€89k▼ 68.6%
2024 · €283k
2021: €56k
2022: €162k
2023: €284k
2024: €283k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€187k▲ 165%€304k▲ 62.8%€374k▲ 22.9%€179k▼ 52.2%
Operating result€79k-€151k▲ 90.5%€152k▲ 0.7%€96k▼ 36.8%€153k▲ 58.8%
Net result€55k-€117k▲ 110%€117k▲ 0.8%€70k▼ 40.6%€108k▲ 55.3%
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 recovers in 2025; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €515k
Fixed assets
€366k▼ 4.6%
Current assets
€150k▼ 56.2%
Equity and liabilities €515k
Equity
€179k▼ 52.2%
Debt
€337k▼ 4.2%
The debt ratio rises from 48.4% to 65.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€171k▲
2024 · €107k
Cash flow
€126k▲
2024 · €81k
Solvency
34.7%▼
2024 · 51.6%
Current ratio
2.46▼
2024 · 5.81
Quick ratio
2.46▼
2024 · 5.81
Debt / equity
1.88▲
2024 · 0.94
ROE
60.6%▲
2024 · 18.6%
ROA
21.0%▲
2024 · 9.6%
Interest coverage
14.45▲
2024 · 13.87
Debt
€337k▼
2024 · €351k
Debt ≤ 1 year
€61k▲
2024 · €59k
Debt > 1 year
€276k▼
2024 · €292k
Income taxes
€33k▲
2024 · €19k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€725k€515k▼
Fixed assets21/28€383k€366k▼
Tangible fixed assets22/27€383k€366k▼
Land and buildings22€353k€343k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€14k€11k▼
Current assets29/58€342k€150k▼
Amounts receivable after more than one year29€8k-
Other amounts receivable291€8k-
Amounts receivable within one year40/41€278k€13k▼
Trade receivables40€262k€12k▼
Other amounts receivable41€17k€235▼
Cash at bank and in hand54/58€56k€137k▲
Equity and liabilities
Total equity and liabilities10/49€725k€515k▼
Equity10/15€374k€179k▼
Contributions10/11€15k€15k=
Outside capital11€15k€15k=
Other1109/19€15k€15k=
Reserves13€359k€164k▼
Distributable reserves133€359k€164k▼
Profit (loss) carried forward14€10€11▲
Amounts payable17/49€351k€337k▼
Amounts payable after more than one year17€292k€276k▼
Financial debts170/4€292k€276k▼
Amounts payable within one year42/48€59k€61k▲
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€35k€10k▼
Suppliers440/4€35k€10k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€2k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€18k▲
Other operating charges640/8€53k€823▼
Gross operating margin9900€160k€171k▲
Operating profit (loss)9901€96k€153k▲
Financial income75/76B€121€25▼
Recurring financial income75€121€25▼
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€89k€141k▲
Income taxes67/77€19k€33k▲
Profit (loss) for the period9904€70k€108k▲
Profit (loss) for the period to be appropriated9905€70k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€108k▲
Profit (loss) brought forward from the previous period14P€56€10▼
Transfer from equity791/2-€304k
Transfer to equity691/2€70k€108k▲
To other reserves6921€70k€108k▲
Profit to be distributed694/7-€304k
Return on contributions (dividend)694-€304k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
30-09
Financial
Highest result since 2021net €117k ▲0.8%
Net result €117k, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 10.91
Current ratio from 4.52 to 10.91; short-term debt falls from €46k to €29k.
30-09
Financial
Equity above €200kEq €304k ▲62.8%
3 profitable years in a row build equity to €304k.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €187k ▲165%
2 profitable years in a row build equity to €187k.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
29-04
State Gazette act
Publication
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Edegem · 1 establishment unit since 2020
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.
Mariënlaan 112650 EdegemGround area
952 m²
Building footprint
219 m²
Volume, LiDAR
1,585 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stephan Brouwers
since 20202.311.365.290
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0034/00Y008 | Flanders | 821 m² | 1 · 143 m² | 10.2 m · 2 fl. |
| 11303C0264/00S010 | Flanders | 131 m² | 1 · 76 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 7,041 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2020
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
64200Holdings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:stephanbrouwers@hotmail.com