STEPHI
ActiveSummary
STEPHI has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€43,165) and a net result of -€285. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 79 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,377 | €6,710 | €6,118 | €5,195 | €5,047 | ▼ 2.8% |
| Other operating charges640/8 | €3,545 | €3,632 | €3,981 | €4,142 | €4,271 | ▲ 3.1% |
| Gross operating margin9900 | €7,454 | €11,185 | €14,206 | €12,944 | €9,223 | ▼ 28.7% |
| Operating profit (loss)9901 | -€3,468 | €844 | €4,108 | €3,608 | -€95 | ▼ 103% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €4,376 | €120 | €160 | €135 | €189 | ▲ 40.2% |
| Recurring financial charges65 | €4,376 | €120 | €160 | €135 | €189 | ▲ 40.2% |
| Profit (loss) for the period before taxes9903 | -€7,845 | €724 | €3,947 | €3,473 | -€285 | ▼ 108% |
| Profit (loss) for the period9904 | -€7,845 | €724 | €3,947 | €3,473 | -€285 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | -€7,845 | €724 | €3,947 | €3,473 | -€285 | ▼ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178,268 | €170,415 | €164,862 | €160,034 | €154,750 | ▼ 3.3% |
| Fixed assets21/28 | €176,886 | €170,177 | €164,058 | €158,863 | €153,817 | ▼ 3.2% |
| Tangible fixed assets22/27 | €176,886 | €170,177 | €164,058 | €158,863 | €153,817 | ▼ 3.2% |
| Land and buildings22 | €175,199 | €169,109 | €163,611 | €158,714 | €153,817 | ▼ 3.1% |
| Plant, machinery and equipment23 | €1,687 | €1,067 | €447 | €150 | €0 | ▼ 100% |
| Current assets29/58 | €1,382 | €238 | €804 | €1,171 | €933 | ▼ 20.3% |
| Cash at bank and in hand54/58 | €581 | €238 | €239 | €677 | €324 | ▼ 52.2% |
| Deferred charges and accrued income490/1 | €801 | €0 | €565 | €494 | €610 | ▲ 23.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178,268 | €170,415 | €164,862 | €160,034 | €154,750 | ▼ 3.3% |
| Equity10/15 | -€51,024 | -€50,300 | -€46,353 | -€42,881 | -€43,165 | ▼ 0.7% |
| Contributions10/11 | €169,500 | €169,500 | €169,500 | €169,500 | €169,500 | = |
| Capital10 | €169,500 | €169,500 | €169,500 | €169,500 | €169,500 | = |
| Issued capital100 | €169,500 | €169,500 | €169,500 | €169,500 | €169,500 | = |
| Profit (loss) carried forward14 | -€220,524 | -€219,800 | -€215,853 | -€212,381 | -€212,665 | ▼ 0.1% |
| Amounts payable17/49 | €229,292 | €220,715 | €211,215 | €202,915 | €197,915 | ▼ 2.5% |
| Amounts payable within one year42/48 | €229,292 | €220,715 | €211,215 | €202,915 | €197,915 | ▼ 2.5% |
| Trade debts44 | €0 | - | - | - | - | - |
| Suppliers440/4 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €229,292 | €220,715 | €211,215 | €202,915 | €197,915 | ▼ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,845 | €724 | €3,947 | €3,473 | -€285 | ▼ 108% |
| + Depreciation and write-downs630 | €7,377 | €6,710 | €6,118 | €5,195 | €5,047 | ▼ 2.8% |
| Operating cash flow (approximation) | -€468 | €7,433 | €10,065 | €8,667 | €4,762 | ▼ 45.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€343 | €0 | €438 | -€353 | ▼ 181% |
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
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432H0043/00M002 | Flanders | 3,379 m² | 1 · 259 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.