STEPHILMA
ActiveSTEPHILMA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €195k. Equity is growing by ~42.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3668 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 8.09 against 6.44 in 2024; short-term debt: 11.2% and cash: 54.2% of total assets), and 11.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.3%
Return on assets
15.6%
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 21-08-2026, 21 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
21 d late
2024
28 d late
2023
30 d late
2022
57 d late
2021
60 d late
2020
87 d late
2019
32 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€195k▲ 24.2%
2024 · €157k
2018: €-8k
2019: €51k
2020: €18k
2021: €225k
2022: €185k
2023: €247k
2024: €157k
2018 → 2025
Working capital
€993k▲ 26.0%
2024 · €788k
2018: €-44k
2019: €-6k
2020: €70k
2021: €220k
2022: €405k
2023: €598k
2024: €788k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€504k▲ 58.2%€751k▲ 49.1%€908k▲ 21.0%€1.10M▲ 21.5%
Operating result€296k-€279k▼ 5.6%€369k▲ 32.2%€236k▼ 36.1%€291k▲ 23.5%
Net result€225k-€185k▼ 17.5%€247k▲ 33.4%€157k▼ 36.3%€195k▲ 24.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€116k▼ 13.1%
Current assets
€1.13M▲ 21.5%
Equity and liabilities €1.25M
Equity
€1.10M▲ 21.5%
Debt
€146k▼ 8.1%
The debt ratio falls from 14.9% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€360k▲
2024 · €305k
Cash flow
€264k▲
2024 · €226k
Solvency
88.3%▲
2024 · 85.1%
Current ratio
8.09▲
2024 · 6.44
Quick ratio
7.93▲
2024 · 6.32
Debt / equity
0.13▼
2024 · 0.17
ROE
17.7%▲
2024 · 17.3%
ROA
15.6%▲
2024 · 14.8%
Interest coverage
40.09▲
2024 · 30.14
Debt
€146k▼
2024 · €158k
Debt ≤ 1 year
€140k▼
2024 · €145k
Debt > 1 year
€6k▼
2024 · €14k
Income taxes
€93k▲
2024 · €79k
Staff costs
€728k▲
2024 · €682k
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€1.07M€1.25M▲
Fixed assets21/28€134k€116k▼
Intangible fixed assets21€18k-
Tangible fixed assets22/27€113k€114k▲
Plant, machinery and equipment23€78k€94k▲
Furniture and vehicles24€36k€20k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€933k€1.13M▲
Stocks and contracts in progress3€18k€22k▲
Stocks30/36€18k€22k▲
Amounts receivable within one year40/41€38k€34k▼
Other amounts receivable41€38k€34k▼
Current investments50/53€325k€400k▲
Cash at bank and in hand54/58€547k€677k▲
Deferred charges and accrued income490/1€4k€317▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.25M▲
Equity10/15€908k€1.10M▲
Contributions10/11€6k€6k=
Reserves13€791k€987k▲
Distributable reserves133€791k€987k▲
Profit (loss) carried forward14€110k€111k▲
Amounts payable17/49€158k€146k▼
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4€14k€6k▼
Amounts payable within one year42/48€145k€140k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€31k€24k▼
Suppliers440/4€31k€24k▼
Taxes, remuneration and social security45€104k€104k▲
Taxes450/3€19k€19k▼
Remuneration and social security454/9€85k€85k▲
Other amounts payable47/48€2k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€4k▲
Remuneration, social security and pensions62€682k€728k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€68k▼
Other operating charges640/8€7k€5k▼
Non-recurring operating charges66A€12k€9k▼
Gross operating margin9900€1.01M€1.10M▲
Operating profit (loss)9901€236k€291k▲
Financial income75/76B€10k€6k▼
Recurring financial income75€10k€6k▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€236k€288k▲
Income taxes67/77€79k€93k▲
Profit (loss) for the period9904€157k€195k▲
Profit (loss) for the period to be appropriated9905€157k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€268k€306k▲
Profit (loss) brought forward from the previous period14P€110k€110k=
Transfer to equity691/2€157k€195k▲
To other reserves6921€157k€195k▲
Social balance
Average headcount (FTE)908716.519.9▲
The notes to these accounts (16 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
31-12
Financial
Equity above €1MEq €1.10M ▲21.5%
7 profitable years in a row build equity to €1.10M.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €247k ▲33.4%
Operating result €369k, net result €247k, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 57 days late
2022
31-12
Financial
Equity above €500kEq €504k ▲58.2%
4 profitable years in a row build equity to €504k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Equity above €200kEq €318k ▲240%
3 profitable years in a row build equity to €318k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 87 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.12
Current ratio from 0.96 to 2.12; short-term debt falls from €153k to €63k.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 50 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
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, Tournai · 1 establishment unit since 2015
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.
Grand'Place (TOU) 157500 TournaiGround area
182 m²
Building footprint
78 m²
Volume, LiDAR
1,773 m³
Parcel 57081F0657/00B000, Wallonia · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEPHILMA
since 20152.248.995.775
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081F0657/00B000 | Wallonia | 182 m² | 1 · 78 m² | 15.0 m · 3 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.248.995.775
Legal Entity Identifier
699400YFYVC1R1JRW998
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.