STEPHEX BUILDINGS
ActiveSummary
STEPHEX BUILDINGS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,142) and a net result of -€21,510. Equity is shrinking by ~27.4% per year across the filed fiscal years. Its net result ranks better than 24% of 9345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€21,142
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 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
61 d early
2023
67 d early
2022
61 d early
2021
68 d early
2020
119 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 25 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)
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. Usually files around 28 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€306
EBIT margin
-1761.0%
Net result
-€21,510
2024 · €6,878
Working capital
-€21,142
2024 · €368
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€13,221▼ 122%-€17,029▼ 28.8%-€28,832▼ 69.3%€38,473-€20,040
Net result-€14,726below the sector's middle half▼ 98.9%€21,800within the sector's middle half-€68,821below the sector's middle half€6,878within the sector's middle half-€21,510below the sector's middle half
EBIT margin
Equity€40,512below the sector's middle half▼ 26.7%€62,311below the sector's middle half▲ 53.8%-€6,510below the sector's middle half€368below the sector's middle half-€21,142below the sector's middle half
Total assets€683,372within the sector's middle half▲ 983%€942,212within the sector's middle half▲ 37.9%€1.1mwithin the sector's middle half▲ 19.7%€19,664below the sector's middle half▼ 98.3%€0below the sector's middle half▼ 100%
Debt€642,861▲ 8,077%€879,901▲ 36.9%€1.1m▲ 28.9%€19,297▼ 98.3%€21,142▲ 9.6%
Working capital€43,512within the sector's middle half▼ 24.8%€62,311within the sector's middle half▲ 43.2%€125,610within the sector's middle half▲ 102%€368within the sector's middle half▼ 99.7%-€21,142within the sector's middle half
Solvency5.9%below the sector's middle half▼ 81.6pp6.6%below the sector's middle half▲ 0.7pp-0.6%below the sector's middle half▼ 7.2pp1.9%below the sector's middle half▲ 2.4pp
Current ratio1.07within the sector's middle half▼ 10.931.07within the sector's middle half=1.13within the sector's middle half▲ 0.051.02within the sector's middle half▼ 0.11
Return on assets (ROA)-2.2%below the sector's middle half▲ 9.6pp2.3%within the sector's middle half▲ 4.5pp-6.1%below the sector's middle half▼ 8.4pp35.0%above the sector's middle half▲ 41.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20,040 after €38,473 in 2024.
Key figures and ratios
Debt ≤ 1 year
€21,142▲
2024 · €19,297
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €523 | €1,442 | €1,668 | €3,169 | ▲ 89.9% |
| Gross operating margin9900 | -€9,691 | -€16,506 | -€27,391 | €40,141 | -€16,871 | ▼ 142% |
| Operating profit (loss)9901 | -€13,221 | -€17,029 | -€28,832 | €38,473 | -€20,040 | ▼ 152% |
| Financial income75/76B | - | €45,621 | €879 | €0 | €72 | - |
| Recurring financial income75 | - | €45,621 | €879 | €0 | €72 | - |
| Financial charges65/66B | - | €6,793 | €40,868 | €31,595 | €1,541 | ▼ 95.1% |
| Recurring financial charges65 | €1,505 | €6,793 | €40,868 | €31,595 | €1,541 | ▼ 95.1% |
| Profit (loss) for the period before taxes9903 | -€14,726 | €21,800 | -€68,821 | €6,878 | -€21,510 | ▼ 413% |
| Profit (loss) for the period9904 | -€14,726 | €21,800 | -€68,821 | €6,878 | -€21,510 | ▼ 413% |
| Profit (loss) for the period to be appropriated9905 | -€14,726 | €21,800 | -€68,821 | €6,878 | -€21,510 | ▼ 413% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €683,372 | €942,212 | €1.1m | €19,664 | €0 | ▼ 100% |
| Current assets29/58 | €683,372 | €942,212 | €1.1m | €19,664 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | €893,947 | €1.1m | €0 | - | - |
| Stocks30/36 | - | €893,947 | €1.1m | €0 | - | - |
| Amounts receivable within one year40/41 | €683,372 | €46,732 | €879 | €19,641 | €0 | ▼ 100% |
| Trade receivables40 | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | €46,732 | €879 | €19,641 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | €1,533 | €0 | €24 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €683,372 | €942,212 | €1.1m | €19,664 | €0 | ▼ 100% |
| Equity10/15 | €40,512 | €62,311 | -€6,510 | €368 | -€21,142 | ▼ 5,849% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €1,855 | - |
| Profit (loss) carried forward14 | €20,107 | €41,906 | -€26,915 | -€20,037 | -€41,547 | ▼ 107% |
| Amounts payable17/49 | €642,861 | €879,901 | €1.1m | €19,297 | €21,142 | ▲ 9.6% |
| Amounts payable after more than one year17 | - | - | €132,120 | €0 | - | - |
| Financial debts170/4 | - | - | €132,120 | €0 | - | - |
| Amounts payable within one year42/48 | €639,861 | €879,901 | €1.0m | €19,297 | €21,142 | ▲ 9.6% |
| Financial debts43 | - | €670,000 | €670,000 | €0 | - | - |
| Credit institutions430/8 | - | €670,000 | €670,000 | €0 | - | - |
| Trade debts44 | €1,865 | €7,535 | €17,732 | €2,943 | €5,677 | ▲ 92.9% |
| Suppliers440/4 | - | €7,535 | €17,732 | €2,943 | €5,677 | ▲ 92.9% |
| Taxes, remuneration and social security45 | - | €3,458 | €3,751 | €0 | - | - |
| Taxes450/3 | - | €3,458 | €3,751 | €0 | - | - |
| Other amounts payable47/48 | - | €198,908 | €310,314 | €16,354 | €15,465 | ▼ 5.4% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,726 | €21,800 | -€68,821 | €6,878 | -€21,510 | ▼ 413% |
| Operating cash flow (approximation) | -€14,726 | €21,800 | -€68,821 | €6,878 | -€21,510 | ▼ 413% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €6,878
Net result €6,878 after one loss-making year.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€68,821
Net result drops to -€68,821, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €21,800
Net result €21,800 after 4 loss-making years.
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 119 days late
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Meise · 1 establishment unit since 2006
Ground area
557 m²
Parcel 23093E0199/00F000, Flanders. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
Stephex Buildings
since 20062.151.217.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093E0199/00F000 | Flanders | 557 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
STEPHEX HOLDING
8 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- STEPHEX HOLDING
- STEPHEX BUILDINGS
Highest known parent: STEPHEX HOLDING. The sources do not say who stands above it.
Owners 1
- STEPHEX HOLDINGparent75%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-12-2005
Fiscal year end30-09
Activities, NACEBEL 2025
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0877703312
Also
9925:BE0877703312
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.