Sterbo
ActiveSummary
Sterbo has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €2k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-3
Solvency86▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.69 against 2.85 in 2023; short-term debt: 15% and cash: 10.6% of total assets), and 38.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
61.4%
Return on assets
1.2%
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
35 d early
2022
32 d early
2021
6 d early
2020
16 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€79k▲ 0.3%
2023 · €79k
2018: €29k
2019: €30k
2020: €30k
2021: €42k
2022: €76k
2023: €79k
2018 → 2024
Total assets
€130k▼ 14.8%
2023 · €152k
2018: €77k
2019: €56k
2020: €42k
2021: €93k
2022: €122k
2023: €152k
2018 → 2024
Net result
€2k▼ 66.8%
2023 · €5k
2018: €1k
2019: €1k
2020: €17k
2021: €16k
2022: €36k
2023: €5k
2018 → 2024
Working capital
€52k▲ 8.2%
2023 · €48k
2018: €31k
2019: €34k
2020: €27k
2021: €26k
2022: €58k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€42k▲ 39.0%€76k▲ 81.1%€79k▲ 4.2%€79k▲ 0.3%
Operating result€27k-€21k▼ 23.1%€52k▲ 150%€8k▼ 85.4%€5k▼ 37.9%
Net result€17k-€16k▼ 1.1%€36k▲ 119%€5k▼ 87.1%€2k▼ 66.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 38% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€58k ▼ 25.5%
Current assets
€72k ▼ 3.7%
Equity and liabilities €130k
Equity
€79k ▲ 0.3%
Debt
€50k ▼ 31.2%
Debt's share of the balance-sheet total falls from 47.9% to 38.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €24k
Cash flow
€23k▲
2023 · €21k
Current ratio
3.69▲
2023 · 2.85
Quick ratio
3.46▲
2023 · 2.85
Debt to equity
0.63▼
2023 · 0.92
ROE
1.9%▼
2023 · 5.8%
ROA
1.2%▼
2023 · 3.0%
Interest coverage
9.79▼
2023 · 16.71
Debt ≤ 1 year
€19k▼
2023 · €26k
Debt > 1 year
€31k▼
2023 · €47k
Income taxes
€699▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€152k€130k▼
Fixed assets21/28€78k€58k▼
Tangible fixed assets22/27€77k€58k▼
Land and buildings22€122€91▼
Plant, machinery and equipment23€26k€17k▼
Furniture and vehicles24€13k€11k▼
Leasing and similar rights25€36k€28k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€135€135=
Current assets29/58€74k€72k▼
Stocks and contracts in progress3-€5k
Contracts in progress37-€5k
Amounts receivable within one year40/41€60k€53k▼
Trade receivables40€17k€7k▼
Other amounts receivable41€43k€46k▲
Cash at bank and in hand54/58€14k€14k▼
Deferred charges and accrued income490/1€232-
Equity and liabilities
Total equity and liabilities10/49€152k€130k▼
Equity10/15€79k€79k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€73k€73k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€71k€71k▲
Amounts payable17/49€73k€50k▼
Amounts payable after more than one year17€47k€31k▼
Financial debts170/4€47k€31k▼
Amounts payable within one year42/48€26k€19k▼
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€7k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€18k-
Goods, raw materials, services and sundry goods60/61€116k€124k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k▲
Other operating charges640/8€881€1k▲
Gross operating margin9900€25k€28k▲
Operating profit (loss)9901€8k€5k▼
Financial income75/76B€50€185▲
Recurring financial income75€50€185▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€6k€2k▼
Income taxes67/77€2k€699▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€2k▼
Transfer from equity791/2€1k€1k▼
Transfer to equity691/2€5k€2k▼
To other reserves6921€5k€2k▼
Profit to be distributed694/7€1k€1k▼
Return on contributions (dividend)694€1k€1k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €36k ▲119%
Operating result €52k, net result €36k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €1k ▼9.9%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Rijkevorsel · 1 establishment unit since 2006
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.
Oude Goorstraat 52310 RijkevorselGround area
1,439 m²
Building footprint
145 m²
Volume, LiDAR
721 m³
Parcel 13502D0150/00Y000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sterbo
since 20062.152.753.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0150/00Y000 | Flanders | 1,439 m² | 1 · 145 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
ONAL
BE 0803.729.528
Gent · Eq €79,481
Muhib
BE 0792.237.996
Antwerpen · Eq €79,416
A&J RENOVATIONS
BE 0630.672.917
Sint-Pieters-Leeuw · Eq €79,545
Loon- en Grondwerken Driesen W.
BE 0500.692.323
Hoogstraten · Eq €79,400
Grobat
BE 0757.643.343
Brecht · Eq €79,675
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,611 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
41001General construction of residential buildings
41003General construction of other non-residential buildings
43331Floor and wall tiling
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.