STERVAST
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-06-2023, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d early
2021
12 d late
2020
13 d late
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€181,138▲ 4.0%
2021 · €174,206
Total assets
€182,398▲ 2.9%
2021 · €177,240
Net result
€6,932▼ 87.4%
2021 · €54,830
Working capital
€131,138▲ 5.6%
2021 · €124,206
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€100,276-€6,708▼ 93.3%-€21,912-€1,848▲ 91.6%-€2,275▼ 23.1%
Net result€64,879-€182▼ 99.7%-€24,486€54,830€6,932▼ 87.4%
Equity€143,679-€143,861▲ 0.1%€119,375▼ 17.0%€174,206▲ 45.9%€181,138▲ 4.0%
Total assets€464,710-€525,593▲ 13.1%€131,715▼ 74.9%€177,240▲ 34.6%€182,398▲ 2.9%
Debt€321,031-€381,732▲ 18.9%€12,339▼ 96.8%€3,034▼ 75.4%€1,260▼ 58.5%
Working capital€94,585-€95,576▲ 1.0%€69,375▼ 27.4%€124,206▲ 79.0%€131,138▲ 5.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,275 in 2022 against €1,848 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €182,398
Fixed assets
€50,000 =
Current assets
€132,398 ▲ 4.1%
Equity and liabilities €182,398
Equity
€181,138 ▲ 4.0%
Debt
€1,260 ▼ 58.5%
Debt's share of the balance-sheet total falls from 1.7% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.01▼
2021 · 0.02
ROE
3.8%▼
2021 · 31.5%
ROA
3.8%▼
2021 · 30.9%
Debt ≤ 1 year
€1,260▼
2021 · €3,034
Income taxes
€693▼
2021 · €3,034
A ratio outside any meaningful range has been withheld (balance sheet total €182,398, equity €181,138).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €227 | €102 | ▼ 55.1% |
| Gross operating margin9900 | €100,672 | €6,806 | -€21,812 | -€1,621 | -€2,173 | ▼ 34.1% |
| Operating profit (loss)9901 | €100,276 | €6,708 | -€21,912 | -€1,848 | -€2,275 | ▼ 23.1% |
| Financial income75/76B | - | - | - | €60,000 | €9,900 | ▼ 83.5% |
| Recurring financial income75 | €652 | €1,571 | - | €60,000 | €9,900 | ▼ 83.5% |
| Financial charges65/66B | - | - | - | €288 | - | - |
| Recurring financial charges65 | €11,647 | €8,073 | €2,573 | €288 | - | - |
| Profit (loss) for the period before taxes9903 | €89,281 | €206 | -€24,486 | €57,865 | €7,625 | ▼ 86.8% |
| Income taxes67/77 | €24,401 | €25 | - | €3,034 | €693 | ▼ 77.2% |
| Profit (loss) for the period9904 | €64,879 | €182 | -€24,486 | €54,830 | €6,932 | ▼ 87.4% |
| Profit (loss) for the period to be appropriated9905 | €64,879 | €182 | -€24,486 | €54,830 | €6,932 | ▼ 87.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €464,710 | €525,593 | €131,715 | €177,240 | €182,398 | ▲ 2.9% |
| Fixed assets21/28 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Financial fixed assets28 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Current assets29/58 | €414,710 | €475,593 | €81,715 | €127,240 | €132,398 | ▲ 4.1% |
| Stocks and contracts in progress3 | €359,896 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €22,037 | €470,941 | - | €120,463 | €129,900 | ▲ 7.8% |
| Trade receivables40 | - | - | - | €463 | - | - |
| Other amounts receivable41 | - | - | - | €120,000 | €129,900 | ▲ 8.3% |
| Cash at bank and in hand54/58 | €32,777 | €4,652 | €81,715 | €6,777 | €2,498 | ▼ 63.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €464,710 | €525,593 | €131,715 | €177,240 | €182,398 | ▲ 2.9% |
| Equity10/15 | €143,679 | €143,861 | €119,375 | €174,206 | €181,138 | ▲ 4.0% |
| Contributions10/11 | €100,000 | €100,000 | - | €100,000 | €100,000 | = |
| Reserves13 | €43,679 | €43,861 | €43,861 | €74,206 | €81,138 | ▲ 9.3% |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | = |
| Reserves not available under the articles1311 | - | - | - | €10,000 | €10,000 | = |
| Distributable reserves133 | - | - | - | €64,206 | €71,138 | ▲ 10.8% |
| Profit (loss) carried forward14 | - | - | -€24,486 | - | - | - |
| Amounts payable17/49 | €321,031 | €381,732 | €12,339 | €3,034 | €1,260 | ▼ 58.5% |
| Amounts payable within one year42/48 | €320,126 | €380,017 | €12,339 | €3,034 | €1,260 | ▼ 58.5% |
| Trade debts44 | €4,752 | - | €342 | - | €567 | - |
| Suppliers440/4 | - | - | - | - | €567 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,034 | €693 | ▼ 77.2% |
| Taxes450/3 | - | - | - | €3,034 | €693 | ▼ 77.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,879 | €182 | -€24,486 | €54,830 | €6,932 | ▼ 87.4% |
| Operating cash flow (approximation) | €64,879 | €182 | -€24,486 | €54,830 | €6,932 | ▼ 87.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€28,125 | €77,063 | -€74,938 | -€4,279 | ▲ 94.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 105.05
Current ratio from 41.93 to 105.05; short-term debt falls from €3,034 to €1,260.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Back to profitnet €54,830
Net result €54,830 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 41.93
Current ratio from 6.62 to 41.93; short-term debt falls from €12,339 to €3,034.
31-12
Financial
Equity above €150,000Eq €174,206 ▲45.9%
Equity rises from €119,375 to €174,206.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet -€24,486
Net result drops to -€24,486, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 6.62
Current ratio from 1.25 to 6.62; short-term debt falls from €380,017 to €12,339.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2022 annual accounts of STERVAST and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.