Equity
STERO has made a profit without a break since 2021.
STERO has made a profit without a break since 2021.
The last five annual accounts were filed 20 to 43 days before the end of the period.
Higher solvency than 91% of companies in specialised construction. Sector median 46.8% · 37,211 companies.
In July 2024, 17,044 companies had the same profile as STERO has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for STERO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| STERO Schilde | €107,998 | €5,854 | 87.1% | - |
| EBL Neupré | €119,647 | €5,935 | -0.4% | - |
| FRANCOIS RASQUIN Durbuy | €96,600 | €5,059 | 88.2% | - |
| DECO-TEC Deinze | €97,574 | €7,793 | 67.6% | - |
| ETS. PATRICK DEFRAENE Beauvechain | €103,972 | €6,918 | 75.5% | - |
| PATRICK VAN KERSCHAEVER Aalter | €79,271 | €5,883 | 57.5% | - |
| BORREMANS FREDDY Geraardsbergen | €126,211 | €7,517 | 65.8% | - |
These companies have the same main activity as STERO: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €79,300 and €126,000, founded between 1989 and 2002.
STERO files the micro format. That format states no turnover. The gross margin rose from €4,978 in 2006 to €5,854 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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