STEPHANOFF
ActiveSTEPHANOFF has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262k and a net result of €58k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 9625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+4
Solvency73▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.91 in 2023; short-term debt: 44.3% and cash: 24.9% of total assets), but 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
36 d early
2022
42 d early
2021
41 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€262k▼ 4.9%
2023 · €276k
2018: €359k
2019: €406k
2020: €400k
2021: €286k
2022: €325k
2023: €276k
2018 → 2024
Total assets
€547k▼ 0.5%
2023 · €549k
2018: €607k
2019: €617k
2020: €592k
2021: €556k
2022: €552k
2023: €549k
2018 → 2024
Net result
€58k▲ 39.0%
2023 · €42k
2018: €26k
2019: €47k
2020: €-6k
2021: €14k
2022: €39k
2023: €42k
2018 → 2024
Working capital
€207k▲ 5.9%
2023 · €195k
2018: €292k
2019: €335k
2020: €328k
2021: €216k
2022: €248k
2023: €195k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€400k-€286k▼ 28.4%€325k▲ 13.6%€276k▼ 15.2%€262k▼ 4.9%
Operating result€-9k-€19k€54k▲ 190%€56k▲ 3.6%€63k▲ 12.4%
Net result€-6k-€14k€39k▲ 186%€42k▲ 8.2%€58k▲ 39.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €547k
Fixed assets
€98k▼ 29.7%
Current assets
€449k▲ 9.4%
Equity and liabilities €547k
Equity
€262k▼ 4.9%
Debt
€284k▲ 3.9%
The debt ratio rises from 49.8% to 52.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€81k▲
2023 · €76k
Cash flow
€76k▲
2023 · €62k
Solvency
48.0%▼
2023 · 50.2%
Current ratio
1.85▼
2023 · 1.91
Quick ratio
0.65▲
2023 · 0.63
Debt / equity
1.08▲
2023 · 0.99
ROE
22.3%▲
2023 · 15.2%
ROA
10.7%▲
2023 · 7.7%
Interest coverage
9.83▼
2023 · 12.72
Debt
€284k▲
2023 · €274k
Debt ≤ 1 year
€242k▲
2023 · €215k
Debt > 1 year
€40k▼
2023 · €56k
Income taxes
€23k▲
2023 · €18k
Staff costs
€66k▲
2023 · €63k
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€549k€547k▼
Fixed assets21/28€139k€98k▼
Tangible fixed assets22/27€139k€98k▼
Land and buildings22€124k€87k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€14k€6k▼
Current assets29/58€410k€449k▲
Stocks and contracts in progress3€274k€292k▲
Stocks30/36€274k€292k▲
Amounts receivable within one year40/41€7k€8k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€1k-
Cash at bank and in hand54/58€116k€136k▲
Deferred charges and accrued income490/1€14k€13k▼
Equity and liabilities
Total equity and liabilities10/49€549k€547k▼
Equity10/15€276k€262k▼
Contributions10/11€13k€13k=
Reserves13€263k€250k▼
Distributable reserves133€263k€250k▼
Amounts payable17/49€274k€284k▲
Amounts payable after more than one year17€56k€40k▼
Financial debts170/4€56k€40k▼
Amounts payable within one year42/48€215k€242k▲
Current portion of amounts payable after more than one year42€16k€16k▲
Financial debts43€5k€84k▲
Credit institutions430/8€5k€84k▲
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€42k€47k▲
Taxes450/3€25k€28k▲
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48€138k€87k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€63k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Other operating charges640/8€561€682▲
Gross operating margin9900€139k€147k▲
Operating profit (loss)9901€56k€63k▲
Financial income75/76B€10k€26k▲
Recurring financial income75€10k€10k▼
Non-recurring financial income76B-€17k
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€60k€81k▲
Income taxes67/77€18k€23k▲
Profit (loss) for the period9904€42k€58k▲
Profit (loss) for the period to be appropriated9905€42k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€58k▲
Transfer from equity791/2€92k€72k▼
Transfer to equity691/2€42k€58k▲
To the legal reserve6920€42k-
To other reserves6921-€58k
Profit to be distributed694/7€92k€72k▼
Return on contributions (dividend)694€92k€72k▼
Social balance
Average headcount (FTE)90871.21.2=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €58k ▲39%
Operating result €63k, net result €58k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-6k ▼114%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-07
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
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, Brasschaat · 1 establishment unit since 2009
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.
Bredabaan 3012930 BrasschaatGround area
262 m²
Building footprint
166 m²
Parcel 11324D0573/00D002, Flanders. Linked by address, not a title deed.
1 establishment unit
STEPHANOFF
since 20092.177.215.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0573/00D002 | Flanders | 262 m² | 1 · 166 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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BOETIEK FRANCOISE
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GERRY WEBER BELUX
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FLORENCE BOIVIN
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2009
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0477/330298