STEPS MANAGEMENT
ActiveSTEPS MANAGEMENT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €319k and a net result of €-20k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 28.65 against 22.48 in 2023; short-term debt: 3.2% and cash: 77.3% of total assets), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.3%
Return on assets
-5.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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
not confirmed
2024
23 d late
2023
27 d late
2022
60 d late
2021
29 d late
2020
26 d late
2019
85 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k▲ 22.3%
2023 · €-25k
2018: €11k
2019: €-373
2020: €-31k
2021: €-15k
2022: €-9k
2023: €-25k
2018 → 2024
Working capital
€298k▼ 3.1%
2023 · €307k
2018: €388k
2019: €393k
2020: €374k
2021: €360k
2022: €331k
2023: €307k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€387k-€372k▼ 3.8%€364k▼ 2.3%€339k▼ 6.9%€319k▼ 5.8%
Operating result€-26k-€-15k▲ 43.2%€-28k▼ 88.6%€-25k▲ 9.5%€-19k▲ 23.4%
Net result€-31k-€-15k▲ 51.9%€-9k▲ 42.1%€-25k▼ 195%€-20k▲ 22.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €25k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€23k▼ 30.9%
Current assets
€308k▼ 4.0%
Equity and liabilities €331k
Equity
€319k▼ 5.8%
Debt
€12k▼ 22.9%
The debt ratio falls from 4.5% to 3.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▲
2023 · €-13k
Cash flow
€-6k▲
2023 · €-14k
Solvency
96.3%▲
2023 · 95.5%
Current ratio
28.65▲
2023 · 22.48
Quick ratio
28.65▲
2023 · 22.48
Debt / equity
0.04▼
2023 · 0.05
ROE
-6.1%▲
2023 · -7.4%
ROA
-5.9%▲
2023 · -7.1%
Interest coverage
-15.79▲
2023 · -127.62
Debt
€12k▼
2023 · €16k
Debt ≤ 1 year
€11k▼
2023 · €14k
Income taxes
€75▼
2023 · €103
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€355k€331k▼
Fixed assets21/28€33k€23k▼
Tangible fixed assets22/27€33k€23k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€22k€15k▼
Other tangible fixed assets26€2k€866▼
Current assets29/58€321k€308k▼
Amounts receivable within one year40/41€52k€52k▲
Trade receivables40€3k€0▼
Other amounts receivable41€49k€52k▲
Cash at bank and in hand54/58€269k€256k▼
Deferred charges and accrued income490/1€587€589▲
Equity and liabilities
Total equity and liabilities10/49€355k€331k▼
Equity10/15€339k€319k▼
Contributions10/11€25k€25k=
Reserves13€314k€294k▼
Distributable reserves133€314k€294k▼
Amounts payable17/49€16k€12k▼
Amounts payable within one year42/48€14k€11k▼
Trade debts44€1k€376▼
Suppliers440/4€1k€376▼
Taxes, remuneration and social security45€303€240▼
Taxes450/3€303€240▼
Other amounts payable47/48€13k€10k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€-9k€-2k▲
Operating profit (loss)9901€-25k€-19k▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€104€362▲
Recurring financial charges65€104€362▲
Profit (loss) for the period before taxes9903€-25k€-19k▲
Income taxes67/77€103€75▼
Profit (loss) for the period9904€-25k€-20k▲
Profit (loss) for the period to be appropriated9905€-25k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-20k▲
Transfer from equity791/2€25k€20k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 85 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 20.20
Current ratio from 9.80 to 20.20; short-term debt falls from €44k to €20k.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 47 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
09-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 40 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2003
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.
Dries 501170 Watermaal-BosvoordeGround area
774 m²
Building footprint
312 m²
Volume, LiDAR
5,677 m³
2 parcels, Brussels · tallest building 25.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
STEPS MANAGEMENT
since 20032.134.348.705
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0095/00E002 | Brussels | 550 m² | 1 · 91 m² | 12.8 m · 3 fl. |
| 21444B0129/00R003 | Brussels | 224 m² | 1 · 220 m² | 25.9 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ECOTRADING
BE 0562.730.058
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VENTICHIM
BE 0631.708.936
Zandhoven · Eq €321k
David-John Weiss
BE 1003.767.183
Knokke-Heist · Eq €317k
IMMO WILI
BE 0419.762.649
Oostkamp · Eq €323k
TERRA COGNITA
BE 0882.189.462
Boom · Eq €324k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2003
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.