STEPHANE HEMBERG
ActiveThe annual accounts of STEPHANE HEMBERG for fiscal year 2025 show a net loss of 61% of total assets and of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €25k and a net result of €-51k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 7431 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency54▼-45
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.36 against 3.64 in 2024; short-term debt: 50.2% and cash: 4.4% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
-60.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
61 d late
2023
153 d late
2022
92 d late
2021
31 d late
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 67.6%
2024 · €76k
2018: €-482
2019: €14k
2020: €16k
2021: €22k
2022: €31k
2023: €50k
2024: €76k
2018 → 2025
Total assets
€84k▼ 17.7%
2024 · €102k
2018: €72k
2019: €95k
2020: €116k
2021: €96k
2022: €57k
2023: €100k
2024: €102k
2018 → 2025
Net result
€-51k
2024 · €25k
2018: €10k
2019: €15k
2020: €1k
2021: €7k
2022: €8k
2023: €20k
2024: €25k
2018 → 2025
Working capital
€15k▼ 78.1%
2024 · €70k
2018: €-9k
2019: €6k
2020: €5k
2021: €5k
2022: €14k
2023: €42k
2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€31k▲ 37.1%€50k▲ 64.4%€76k▲ 50.5%€25k▼ 67.6%
Operating result€9k-€11k▲ 20.5%€25k▲ 137%€35k▲ 38.4%€-49k
Net result€7k-€8k▲ 22.5%€20k▲ 138%€25k▲ 28.9%€-51k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €49k after €35k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€27k▲ 366%
Current assets
€58k▼ 40.4%
Equity and liabilities €84k
Equity
€25k▼ 67.6%
Debt
€60k▲ 124%
The debt ratio rises from 26.0% to 70.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-37k▼
2024 · €38k
Cash flow
€-39k▼
2024 · €29k
Solvency
29.2%▼
2024 · 74.0%
Current ratio
1.36▼
2024 · 3.64
Quick ratio
0.28▼
2024 · 1.81
Debt / equity
2.43▲
2024 · 0.35
ROE
-208.5%▼
2024 · 33.6%
ROA
-60.8%▼
2024 · 24.8%
Interest coverage
-24.85▼
2024 · 35.96
Debt
€60k▲
2024 · €27k
Debt ≤ 1 year
€42k▲
2024 · €27k
Debt > 1 year
€17k
Income taxes
€229▼
2024 · €8k
Staff costs
€61k▲
2024 · €49k
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€102k€84k▼
Fixed assets21/28€6k€27k▲
Tangible fixed assets22/27€6k€27k▲
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€3k€25k▲
Financial fixed assets28€58€58=
Current assets29/58€97k€58k▼
Stocks and contracts in progress3€49k€46k▼
Stocks30/36€2k€3k▲
Contracts in progress37€47k€43k▼
Amounts receivable within one year40/41€41k€8k▼
Trade receivables40€40k€7k▼
Other amounts receivable41€929€375▼
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€1k€260▼
Equity and liabilities
Total equity and liabilities10/49€102k€84k▼
Equity10/15€76k€25k▼
Contributions10/11€19k€19k=
Reserves13€57k€6k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€55k€4k▼
Amounts payable17/49€27k€60k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€27k€42k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€6k€18k▲
Suppliers440/4€6k€18k▲
Taxes, remuneration and social security45€16k€12k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€49k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Gross operating margin9900€89k€23k▼
Operating profit (loss)9901€35k€-49k▼
Financial income75/76B€116€33▼
Recurring financial income75€116€33▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€1k€1k▲
Non-recurring financial charges66B€796€162▼
Profit (loss) for the period before taxes9903€33k€-51k▼
Income taxes67/77€8k€229▼
Profit (loss) for the period9904€25k€-51k▼
Profit (loss) for the period to be appropriated9905€25k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€-51k▼
Transfer from equity791/2-€51k
Transfer to equity691/2€25k-
To other reserves6921€25k-
The notes to these accounts (7 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €-51k ▼301%
Net result drops to €-51k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €25k ▲28.9%
Operating result €35k, net result €25k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Pont-à-Celles · 1 establishment unit since 2006
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.
Rue de la Colline(PAC) 16230 Pont-à-CellesGround area
588 m²
Building footprint
126 m²
Parcel 52055D0335/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Constructpac
since 20062.157.273.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52055D0335/00Z000 | Wallonia | 588 m² | 1 · 126 m² | - |
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.
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Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
45211
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.