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STERLING EUROPE

Active
Public limited companyfounded 1994active for 32 yearsHoek 76, 2850 Boom, BelgiumKBO/BCE: BE 0453.209.437
Summary

STERLING EUROPE has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€18,371) and a net result of -€26,095. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 20% of 15,437 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 11-08-1994 Normal situation
Registered office
43 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Wholesale of construction materials, general range NACE 46831
Joint committees
116 Chemical industry
207 White-collar workers in the chemical industry · annual accounts 2022
Establishment unit
2.068.070.484 2850 Boom, since 02-09-1994
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Mitchell Leo VincentDirector · since 11-08-1994

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2024
Gross margin
-€15,108
Loss
€26,095
Equity
-€18,371
Total assets
€773,006
▼ 1.5%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 97 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2024 (filed on 05-11-2025)Negative equity -€18,371lowers riskFounded in 1994Liquidity: current ratio 0.98, cash €620,204Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 23-3
equity -2.4% of total assets
Liquidity 50=
short-term debt 102.4% · cash 80.2%
Profitability 29-16
return on assets -3.4%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.3 percentage points vs 09-2025 11-2025: 0.9%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%▼ -0.3 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 1.1%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.98 (1.01 in 2023), below 1. Short-term debt is 102.4% and cash 80.2% of total assets. Equity is negative.
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 46, micro). It does better than 16% of them on solvency, 51% on liquidity, 25% on profitability and 2% on growth.

The bankruptcy probability was computed on 04-11-2026 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 31-12-2024.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 05-11-2025)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€18,371
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.98, cash €620,204
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€18,371
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 91 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
91 days late
2023
91 days late
2022
3 days early
2021
24 days late
2020
25 days late
2019
82 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 52 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€18,371 View
  • Caution: From profit to loss in 2024after a profit of €24,206 in 2023 -€26,095 View
  • Caution: Lower net result than 90% of companies in wholesale tradesector median €4,936 · 15,419 companies -€26,095 View

Recent changes

  1. · Gazette deed Resignation: Mark Vekemans (proxy holder)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as STERLING EUROPE: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €689,000 and €994,000, founded between 1991 and 1995.

CompanyTotal assetsGross margin
STERLING EUROPE Boom€773,006-€15,108
ANOUCK EYCKMANS DESIGN Ranst€839,605€928
M.B.S. Sint-Katelijne-Waver€868,171-€7,186
Rosco Group Mechelen€966,160-€24,052
Betonwerken J. Goos Vosselaar€688,556-€38,223
VDB-Woonconstruct Begijnendijk€777,040-€9,787
SMK Woluwe-Saint-Lambert€994,301-€1,275
Full comparison

Key facts about STERLING EUROPE

What is the company number of STERLING EUROPE?
The company number of STERLING EUROPE is 0453.209.437. The VAT number is the same number with BE in front: BE 0453.209.437.
Where is STERLING EUROPE based?
The registered office is at Hoek 76, 2850 Boom.Company details
What does STERLING EUROPE do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of STERLING EUROPE?
STERLING EUROPE is a public limited company (NV).
When was STERLING EUROPE founded?
STERLING EUROPE was founded on 11-08-1994.
Is STERLING EUROPE still active?
Yes, STERLING EUROPE is an active enterprise in the KBO register.
Which joint committee does STERLING EUROPE fall under?
In its 2022 annual accounts, STERLING EUROPE states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
What is the turnover of STERLING EUROPE?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it. In financial year 2022 turnover was €91,278.Financials
Is STERLING EUROPE profitable?
In financial year 2024, STERLING EUROPE made a loss of €26,095.
Where can I find the annual accounts of STERLING EUROPE?
STERLING EUROPE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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