Equity
-€88,507
Debts exceed assets in financial year 2025.
STEPPE IN TOWN
Lifetime
18 annual accounts with figures on one time axispeak €40,958 (2015)
€1,336▼ 95.7%
lowest -€57,828 (2025)
-€57,828▼ €36,104
peak €92,905 (2015)
-€88,507▼ €57,828
€5.3m▲ 1.1%
peak 0 FTE (2025)
0 FTE
Board1 name since 2018
1 directorAxel Munters
Documentsfilings and deeds
21-08-202621 days late
2025abbreviated format
Gross margin from €31,363 to €1,336Loss of €57,828Equity from -€30,680 to -€88,507Cash from €4,933 to €1,232
Key points
from the 2025 annual accountsLosses
-€91,558 in five years
Every financial year from 2021 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €4,800 estimated
The accounts state no turnover.
Debts
€5.3m 102% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 99%
Filings
18 annual accounts since 2008
Seven of the last ten came late. The 2019 accounts came latest: 52 days after the end of the period.
Position in the sector
-€88,507
Less equity than 90% of companies in real estate. Sector median €300,471 · 11,294 companies.
Checked score
52
Fair
Financially stronger than 7% of small companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,997 companies (NACE 68, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.0%● unchanged vs 12-2024
02-2025: 2.1%▲ +0.1 percentage points vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.2%▲ +0.1 percentage points vs 05-2025
07-2025: 2.3%▲ +0.1 percentage points vs 06-2025
08-2025: 2.6%▲ +0.3 percentage points vs 07-2025
09-2025: 3.0%▲ +0.4 percentage points vs 08-2025highest value
10-2025: 2.0%▼ -1.0 percentage point vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 1.0%▼ -1.0 percentage point vs 12-2025lowest value
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.1%▲ +0.1 percentage points vs 05-2026
07-2026: 1.0%▼ -0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.6 percentage points vs 07-2026
09-2026: 1.0%▼ -0.6 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.00, cash €1,232, halved
Negative equity -€88,507
Last filed accounts filed 21 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €5.2m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 12% of them on solvency, 1% on liquidity, 10% on profitability and 3% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.0 (0.0 in 2024), below 1. Short-term debt is 101.7% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€88,507
raises risk · 2025 accounts filed 21 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
21 days late
2024
49 days late
2023
8 days early
2022
31 days late
2021
31 days late
2020
19 days early
2019
52 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0895121443
Registered office moved to Ixelles
New registered office: 34 avenue de Praetere, 1050 Ixelles · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Incorporation
published on 31-01-2008 · Gazette deed
First establishment
Defacqzstraat 36, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STEPPE IN TOWN Ixelles | €5.2m | €1,336 | -1.7% | 0 |
| Company X Anzegem | €9.9m | -€362,572 | 44.8% | 0 |
| Exceptional Outdoor Living Antwerp | €5.4m | -€71,377 | 99.0% | 0.3 |
| FEELING GREEN Braine-le-Comte | €3.5m | -€169,846 | -1.6% | 1.1 |
| VV RESIDENCES Bruges | €12.4m | -€9,436 | 1.4% | 0 |
| OSTEND SCIENCE PARK Ostend | €5.5m | -€66,882 | 98.9% | 0 |
| ACTALYA REALTY CAPITAL Schaerbeek | €11.2m | -€402,872 | 32.0% | 0 |
These companies have the same main activity as STEPPE IN TOWN: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €3.5m and €12m, founded between 1994 and 2018.
Official details
Source: KBO- Status
- Active since 22-01-2008Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321and 5 others
- Establishment unit
- 2.169.211.5921050 Ixelles, since 22-01-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Insights on STEPPE IN TOWN
STEPPE IN TOWN files the abbreviated format. That format states no turnover. The gross margin fell from €5,755 in 2008 to €1,336 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STEPPE IN TOWN
- What is the company number of STEPPE IN TOWN?
- The company number of STEPPE IN TOWN is 0895.121.443. The VAT number is the same number with BE in front: BE 0895.121.443.
- Where is STEPPE IN TOWN based?
- The registered office is at de Praeterestraat 34, 1050 Ixelles.Company details
- What does STEPPE IN TOWN do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of STEPPE IN TOWN?
- STEPPE IN TOWN is a private limited company (BV).
- When was STEPPE IN TOWN founded?
- STEPPE IN TOWN was founded on 22-01-2008.
- Is STEPPE IN TOWN still active?
- Yes, STEPPE IN TOWN is an active enterprise in the KBO register.
- What is the turnover of STEPPE IN TOWN?
- The turnover in financial year 2025 is ≈ €4,800. This figure is estimated from the gross margin of €1,336 and 69 comparable companies (NACE 683). It probably lies between €2,200 and €10,000. It is a rough estimate.Financials
- Is STEPPE IN TOWN profitable?
- In financial year 2025, STEPPE IN TOWN made a loss of €57,828.
- Where can I find the annual accounts of STEPPE IN TOWN?
- STEPPE IN TOWN filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEPPE IN TOWN due?
- STEPPE IN TOWN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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