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STEPHIMMO

Active
Private limited company (pre-2019)founded 200421 yrs activeKBO/BCE: BE 0867.846.132
Summary

The computed 12-month bankruptcy probability of STEPHIMMO is 2.5% (moderate). The 2024 annual accounts show equity of €242,333 and a net result of €239,547. Equity is growing by ~3% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+35
Solvency98▲+70
Growth78▲+46
Track record92
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
short-term debt: 0.2% and cash: 59.1% of total assets, and 26.5% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · 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
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
73.5%
Return on assets
72.6%
Age of the figures
21 mo
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d early
2023
35 d early
2022
24 d late
2021
27 d late
2020
26 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 18 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

STEPHIMMO was incorporated on 14 October 2004.1 Total assets rose from EUR 128,694 in 2018 to EUR 329,880 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€242,333▲ 8,601%
2023 · €2,785
Total assets
€329,880▲ 220%
2023 · €103,100
Net result
€239,547
2023 · -€3,276
Working capital
€329,058
2021 · -€106,523
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€6,911▲ 161%€939▼ 86.4%€1,514▲ 61.1%-€2,912-€20,560▼ 606%
Net result€3,367-€1,528-€716▲ 53.2%-€3,276▼ 358%€239,547
Equity€8,304▲ 68.2%€6,777▼ 18.4%€6,061▼ 10.6%€2,785▼ 54.0%€242,333▲ 8,601%
Total assets€122,588▼ 0.8%€114,539▼ 6.6%€108,200▼ 5.5%€103,100▼ 4.7%€329,880▲ 220%
Debt€114,284▼ 3.7%€107,763▼ 5.7%€102,139▼ 5.2%€100,315▼ 1.8%€823▼ 99.2%
Working capital-€110,096▲ 7.1%-€106,523▲ 3.2%€329,058
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: €6,911€6,911Net result 2020: €3,367€3,367Operating result 2021: €939€939Net result 2021: -€1,528-€1,528Operating result 2022: €1,514€1,514Net result 2022: -€716-€716Operating result 2023: -€2,912-€2,912Net result 2023: -€3,276-€3,276Operating result 2024: -€20,560-€20,560Net result 2024: €239,547€239,54720202021202220232024-€100,000€0€100,000€200,000Operating result 2022: €1,514€1,510Net result 2022: -€716-€716Operating result 2023: -€2,912-€2,910Net result 2023: -€3,276-€3,280Operating result 2024: -€20,560-€20,600Net result 2024: €239,547€240,000202220232024
The operating result stays negative: a loss of €20,560 in 2024 against €2,912 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €329,880
Equity €242,333 ▲ 8,601%
Provisions €86,725
Debt €823 ▼ 99.2%
Debt's share of the balance-sheet total falls from 97.3% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00▼
2023 · 36.02
ROE
98.9%▲
2023 · -117.6%
ROA
72.6%▲
2023 · -3.2%
Debt ≤ 1 year
€823▼
2023 · €100,315
A ratio outside any meaningful range has been withheld (balance sheet total €329,880, equity €242,333).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 31,349 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€103,100€329,880▲
Fixed assets21/28€103,100-
Tangible fixed assets22/27€103,100-
Land and buildings22€103,100-
Current assets29/58-€329,880
Amounts receivable within one year40/41-€134,868
Other amounts receivable41-€134,868
Cash at bank and in hand54/58-€195,000
Deferred charges and accrued income490/1-€13
Equity and liabilities
Total equity and liabilities10/49€103,100€329,880▲
Equity10/15€2,785€242,333▲
Contributions10/11€6,200€6,200=
Reserves13€6€260,181▲
Non-distributable reserves130/1€6€6=
Reserves not available under the articles1311€6€6=
Tax-exempt reserves132-€260,175
Profit (loss) carried forward14-€3,421-€24,048▼
Provisions and deferred taxes16-€86,725
Deferred taxes168-€86,725
Amounts payable17/49€100,315€823▼
Amounts payable within one year42/48€100,315€823▼
Financial debts43-€23
Credit institutions430/8-€23
Trade debts44€4,984€500▼
Suppliers440/4€4,984€500▼
Other amounts payable47/48€95,331€300▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,100-
Other operating charges640/8€981€544▼
Gross operating margin9900€3,169-€20,017▼
Operating profit (loss)9901-€2,912-€20,560▼
Financial income75/76B-€346,900
Recurring financial income75-€346,900
Non-recurring financial income76B-€346,900
Financial charges65/66B€364€67▼
Recurring financial charges65€364€67▼
Profit (loss) for the period before taxes9903-€3,276€326,272▲
Transfer to deferred taxes680-€86,725
Profit (loss) for the period9904-€3,276€239,547▲
Transfer to tax-exempt reserves689-€260,175
Profit (loss) for the period to be appropriated9905-€3,276-€20,628▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,421-€24,048▼
Profit (loss) brought forward from the previous period14P-€145-€3,421▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,100€5,100€5,100€5,100--
Other operating charges640/8-€879€2,696€981€544▼ 44.6%
Gross operating margin9900€12,886€6,918€9,310€3,169-€20,017▼ 732%
Operating profit (loss)9901€6,911€939€1,514-€2,912-€20,560▼ 606%
Financial income75/76B----€346,900-
Recurring financial income75----€346,900-
Non-recurring financial income76B----€346,900-
Financial charges65/66B-€2,467€2,229€364€67▼ 81.5%
Recurring financial charges65€2,781€2,467€2,229€364€67▼ 81.5%
Profit (loss) for the period before taxes9903€4,130-€1,528-€716-€3,276€326,272▲ 10,059%
Transfer to deferred taxes680----€86,725-
Income taxes67/77€764-----
Profit (loss) for the period9904€3,367-€1,528-€716-€3,276€239,547▲ 7,412%
Transfer to tax-exempt reserves689----€260,175-
Profit (loss) for the period to be appropriated9905€3,367-€1,528-€716-€3,276-€20,628▼ 530%
Line20202021202220232024Change
Assets
Total assets20/58€122,588€114,539€108,200€103,100€329,880▲ 220%
Fixed assets21/28€118,400€113,300€108,200€103,100--
Tangible fixed assets22/27€118,400€113,300€108,200€103,100--
Land and buildings22-€113,300€108,200€103,100--
Current assets29/58€4,188€1,239--€329,880-
Amounts receivable within one year40/41€4,086---€134,868-
Other amounts receivable41----€134,868-
Cash at bank and in hand54/58----€195,000-
Deferred charges and accrued income490/1-€1,239--€13-
Equity and liabilities
Total equity and liabilities10/49€122,588€114,539€108,200€103,100€329,880▲ 220%
Equity10/15€8,304€6,777€6,061€2,785€242,333▲ 8,601%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€6€6€6€6€260,181▲ 4,336,250%
Non-distributable reserves130/1-€6€6€6€6=
Reserves not available under the articles1311-€6€6€6€6=
Tax-exempt reserves132----€260,175-
Profit (loss) carried forward14€2,098€571-€145-€3,421-€24,048▼ 603%
Provisions and deferred taxes16----€86,725-
Deferred taxes168----€86,725-
Amounts payable17/49€114,284€107,763€102,139€100,315€823▼ 99.2%
Amounts payable within one year42/48€114,284€107,763€102,139€100,315€823▼ 99.2%
Financial debts43-€14,390€14,438-€23-
Credit institutions430/8-€14,390€14,438-€23-
Trade debts44€7,968€17,066€16,282€4,984€500▼ 90.0%
Suppliers440/4-€17,066€16,282€4,984€500▼ 90.0%
Taxes, remuneration and social security45-€764----
Taxes450/3-€764----
Other amounts payable47/48-€75,542€71,419€95,331€300▼ 99.7%
Line20202021202220232024Change
Profit (loss) for the period9904€3,367-€1,528-€716-€3,276€239,547▲ 7,412%
+ Depreciation and write-downs630€5,100€5,100€5,100€5,100--
Operating cash flow (approximation)€8,467€3,573€4,385€1,824€239,547▲ 13,034%
Investment in fixed assets (approximation)-€0€0€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
22-08
KBO administration Address struck
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €239,547
Net result €239,547 after 3 loss-making years.
31-12
Financial Equity above €200,000Eq €242,333 ▲8,601%
Equity rises from €2,785 to €242,333.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€3,276
Net result drops to -€3,276, the lowest in the series; recovery starts the following year.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
27-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Back to profitnet €3,367
Net result €3,367 after one loss-making year.
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Show earlier events
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
21-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Etterbeek · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
333 m²
Building footprint
209 m²
Volume, LiDAR
2,376 m³
2 parcels, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
STEPHIMMO
Guillaume Crocklaan 65, 1160 OudergemNACE 70120
since 20042.142.182.048
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332D0016/00C013 Brussels 177 m² 1 · 121 m² 16.9 m · 5 fl.
21005A0319/00Y002 Brussels 156 m² 1 · 88 m² 15.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-10-2004
Fiscal year end31-12
Contact
Phone 0475/81.12.14Oudergem
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.