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STEPS TO BE

Active
Private limited companyfounded 20242 yrs activePatotterijstraat 76, 9250 Waasmunster, BelgiumKBO/BCE: BE 1010.320.029
Summary

The computed 12-month bankruptcy probability of STEPS TO BE is 2.1% (moderate). The 2025 annual accounts show equity of €28,540 and a net result of €28,420. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability79
Solvency34
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.04; short-term debt: 12.4% and cash: 0.9% of total assets), and 91.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 · 1 filing
Deviation from the deadline
2025
60 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 June 2024, STEPS TO BE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€28,540
Total assets
€332,570
Net result
€28,420
Working capital
€1,826

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €332,570
Fixed assets €289,383
Current assets €43,187
Equity and liabilities €332,570
Equity €28,540
Debt €304,030
Debt finances 91.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€64,429
Cash flow
€51,286
Current ratio
1.04
Debt to equity
10.65
ROE
99.6%
ROA
8.5%
Interest coverage
10.48
Debt ≤ 1 year
€41,361
Debt > 1 year
€260,111
Income taxes
€7,175

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,157 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 · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€332,570
Fixed assets21/28€289,383
Tangible fixed assets22/27€289,383
Land and buildings22€286,211
Furniture and vehicles24€3,172
Current assets29/58€43,187
Amounts receivable within one year40/41€2,979
Other amounts receivable41€2,979
Current investments50/53€14,000
Cash at bank and in hand54/58€3,152
Deferred charges and accrued income490/1€23,056
Equity and liabilities
Total equity and liabilities10/49€332,570
Equity10/15€28,540
Contributions10/11€120
Reserves13€28,420
Distributable reserves133€28,420
Amounts payable17/49€304,030
Amounts payable after more than one year17€260,111
Financial debts170/4€260,111
Amounts payable within one year42/48€41,361
Current portion of amounts payable after more than one year42€10,009
Trade debts44€673
Suppliers440/4€673
Advances received on contracts in progress46€20,923
Taxes, remuneration and social security45€9,756
Taxes450/3€9,756
Accrued charges and deferred income492/3€2,558
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,866
Other operating charges640/8€2,165
Gross operating margin9900€66,594
Operating profit (loss)9901€41,563
Financial income75/76B€179
Recurring financial income75€179
Financial charges65/66B€6,148
Recurring financial charges65€6,148
Profit (loss) for the period before taxes9903€35,595
Income taxes67/77€7,175
Profit (loss) for the period9904€28,420
Profit (loss) for the period to be appropriated9905€28,420
Appropriation of the result
Profit (loss) to be appropriated9906€28,420
Transfer to equity691/2€28,420
To other reserves6921€28,420

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,866
Other operating charges640/8€2,165
Gross operating margin9900€66,594
Operating profit (loss)9901€41,563
Financial income75/76B€179
Recurring financial income75€179
Financial charges65/66B€6,148
Recurring financial charges65€6,148
Profit (loss) for the period before taxes9903€35,595
Income taxes67/77€7,175
Profit (loss) for the period9904€28,420
Profit (loss) for the period to be appropriated9905€28,420
Line2025
Assets
Total assets20/58€332,570
Fixed assets21/28€289,383
Tangible fixed assets22/27€289,383
Land and buildings22€286,211
Furniture and vehicles24€3,172
Current assets29/58€43,187
Amounts receivable within one year40/41€2,979
Other amounts receivable41€2,979
Current investments50/53€14,000
Cash at bank and in hand54/58€3,152
Deferred charges and accrued income490/1€23,056
Equity and liabilities
Total equity and liabilities10/49€332,570
Equity10/15€28,540
Contributions10/11€120
Reserves13€28,420
Distributable reserves133€28,420
Amounts payable17/49€304,030
Amounts payable after more than one year17€260,111
Financial debts170/4€260,111
Amounts payable within one year42/48€41,361
Current portion of amounts payable after more than one year42€10,009
Trade debts44€673
Suppliers440/4€673
Advances received on contracts in progress46€20,923
Taxes, remuneration and social security45€9,756
Taxes450/3€9,756
Accrued charges and deferred income492/3€2,558
Line2025
Profit (loss) for the period9904€28,420
+ Depreciation and write-downs630€22,866
Operating cash flow (approximation)€51,286

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

2026
29-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 60 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waasmunster · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,974 m²
Building footprint
321 m²
Volume, LiDAR
513 m³
Parcel 42023A0853/00B000, Flanders · tallest building 15.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
STEPS TO BE
Patotterijstraat 76, 9250 WaasmunsterOther professional, scientific and technical activities
since 20242.360.370.482
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42023A0853/00B000 Flanders 3,974 m² 1 · 321 m² 15.1 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

The National Bank holds 1 filing for this company, but none with figures Checked can read: the latest, for fiscal year 2025, exists only as a PDF. A size comparison is therefore not possible. These companies share only the sector and the region. Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
58290Other software publishing
61100Wired, wireless and satellite telecommunications
62100Computer programming
62200Computer consultancy and computer facilities management
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010320029
Also 9925:BE1010320029
Registered 23-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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