STEPHEX and C°

Active

Public limited companyfounded 198739 yrs activeLovegemstraat 8, 1861 Meise, BelgiumKBO/BCE: BE 0430.695.638

Summary

STEPHEX and C° has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€531,287. Equity is shrinking by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

STEPHEX and C°ActiveChecked score 56/100

Risk analysis Report Compare

What they do

Real estate appraisal on a fee or contract basis

NACE 68322Renting and operating of own or leased non-residential real estate, excluding land NACE 68203NACE 68312

#2 company by total assets in Meise, Real estate sector1 site

How big

€67.8mtotal assets 2025

Staff: 4.3 FTE
Equity: €1.3m
Loss: -€531,287

Financially healthy?

56 Fair Checked score 2025

Bankruptcy chance 12 m: 0.1%

Who decides

Parent: STEPHEX HOLDING · 99.53%
Holdings: 1

Accounts 52 d early1 of 12 deeds read

Why 56- Persistent losses- Weak solvency vs sector+ Lower-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025

56 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability34▲+13

Solvency27▼-1

Growth45=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €75,000 at 30 days acceptable

Liquidity short (current ratio 0.64 against 1.83 in 2024; short-term debt: 13.8% and cash: 0% of total assets), and 98% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

Return on assets

-0.8%

Age of the figures

12 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€531,287

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9436 sector peers (2025).

NBB · sector comparison

Position among 9436 sector peers

Solvency

better than 20%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

52 d early

2024

61 d early

2023

67 d early

2022

61 d early

2021

68 d early

2020

126 d late

2019

13 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 28 February (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 close02-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

24-04-26 Resignation: Ellen Van Guyse (bijzonder gevolmachtigde…Permanent representative: Stephan Conter
09-03-26 Annual accounts filedfiscal year 2025 · abbreviated…
28-02-25 Annual accounts filedfiscal year 2024 · abbreviated…

Key points

Caution: Among the weakest 5% on net resultsector median €10,117 · 9,427 companies -€531,287 View
Positive: Result rose in 2025from -€2.4m to -€531,287 ▲ 78.3% View
Controlled by STEPHEX HOLDINGitself parent of 1 companies 99.53% View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€531,287 View
Positive: Always filed on timeaccounts within the deadline every year 5 years View