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STESSENS

Active
Public limited companyfounded 1987active for 39 yearsWinkelomseheide 221, 2440 Geel, BelgiumKBO/BCE: BE 0431.236.858

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

STESSENS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€55,422. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 20% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 18-05-1987 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.030.744.686 2440 Geel, since 11-06-1987
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • Castelmore GroupDirector · since 28-12-2023 · permanent representative Tim Nagels

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Turnover
€18.3m
▼ 15.7%
Loss
€55,422
Equity
€1.7m
▼ 3.1%
Total assets
€13.7m
▼ 3.7%
Staff
47.1 FTE
▼ 10.1%
Filed on 16-07-2026, 15 days before the deadlineat the National Bank
Score breakdownraises riskEquity €1.7m (12.6% of total assets)Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.97, cash €12,281lowers riskLegal form: public limited companyShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 25% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 38=
equity 12.6% of total assets
Liquidity 30+22
short-term debt 42.5% · cash 0.1%
Profitability 32-2
return on assets -0.4%
Bankruptcy probability within 12 months
1.2% 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% (911 companies, NACE 41, small)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.4%▼ -0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 2.1%● unchanged vs 08-2025highest value 10-2025: 2.1%● unchanged vs 09-2025highest value 11-2025: 2.1%● unchanged vs 10-2025highest value 12-2025: 2.1%● unchanged vs 11-2025highest value 01-2026: 2.1%● unchanged vs 12-2025highest value 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.0%▼ -0.1 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.1%▲ +0.1 percentage points vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 1.2%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (1.17 in 2024), above the usual 1.5. Short-term debt is 42.5% and cash 0.1% of total assets. However, 87.4% of the assets are financed with debt and provisions.
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 41, small). It does better than 22% of them on solvency, 32% on liquidity, 19% on profitability and 27% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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

Six signals.
lowers riskraises riskneutral
raises risk · Equity €1.7m (12.6% of total assets)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 1.97, cash €12,281
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1028 sector peers (2025).
NBB · sector comparison
Position among 1028 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
6 days early
2023
6 days early
2022
45 days late
2021
17 days late
2020
4 days late
2019
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €84,054 in 2024 -€55,422 View
  • Caution: Lower net result than 85% of companies in construction of buildingssector median €32,165 · 1,030 companies -€55,422 View

Comparable companies

These companies have the same main activity as STESSENS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €9.7m and €16m, founded between 1986 and 1993.

CompanyTotal assetsTurnover
STESSENS Geel€13.7m€18.3m
ALGEMENE BOUWONDERNEMING DESPIERRE FILIP Houthulst€14.6m€14.3m
AANNEMINGEN M. EN J. BRAET Nieuwpoort€16.5m€19.4m
ENTREPRISES PIRLOT JACQUES Châtelet€11.7m€20.5m
PLUYM - VAN LOON Ravels€15.1m€15.7m
DE PEUTER Herentals€9.7m€19.6m
DHULST' Lier€15.6m€29.3m
Full comparison

Documents

Annual accounts at the NBB

All 38 annual accounts

Articles and registers

Key facts about STESSENS

What is the company number of STESSENS?
The company number of STESSENS is 0431.236.858. The VAT number is the same number with BE in front: BE 0431.236.858.
Where is STESSENS based?
The registered office is at Winkelomseheide 221, 2440 Geel.Company details
What does STESSENS do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of STESSENS?
The legal form of STESSENS is Public limited company (NV).
When was STESSENS founded?
STESSENS was founded on 18-05-1987.
Is STESSENS still active?
Yes, STESSENS is an active enterprise in the KBO register.
How many employees does STESSENS have?
STESSENS had an average of 47.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STESSENS?
The turnover of STESSENS was €18.3m in financial year 2025, according to the filed annual accounts.
Is STESSENS profitable?
In financial year 2025, STESSENS made a loss of €55,422.
Where can I find the annual accounts of STESSENS?
STESSENS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of STESSENS due?
STESSENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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