STETCO
ActiveThe computed 12-month bankruptcy probability of STETCO is 1.9% (moderate). The 2025 annual accounts show equity of €116k and a net result of €55k. Equity is growing by ~94.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 7321 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+6
Growth78=
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.36 against 1.94 in 2024), and 21% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79%
Return on assets
37.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
8 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▲ 91.9%
2024 · €60k
2023: €2k
2024: €60k
2023 → 2025
Total assets
€146k▲ 23.3%
2024 · €119k
2023: €64k
2024: €119k
2023 → 2025
Net result
€55k▼ 4.9%
2024 · €58k
2023: €2k
2024: €58k
2023 → 2025
Working capital
€110k▲ 114%
2024 · €51k
2023: €414
2024: €51k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€60k▲ 2,831%€116k▲ 91.9%
Operating result€5k-€73k▲ 1,465%€71k▼ 3.4%
Net result€2k-€58k▲ 3,123%€55k▼ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€16k▲ 28.1%
Current assets
€130k▲ 22.8%
Equity and liabilities €146k
Equity
€116k▲ 91.9%
Debt
€31k▼ 47.3%
The debt ratio falls from 49.3% to 21.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€78k▲
2024 · €78k
Cash flow
€62k▼
2024 · €62k
Solvency
79.0%▲
2024 · 50.7%
Current ratio
6.36▲
2024 · 1.94
Quick ratio
6.36▲
2024 · 1.94
Debt / equity
0.27▼
2024 · 0.97
ROE
47.9%▼
2024 · 96.6%
ROA
37.8%▼
2024 · 49.0%
Interest coverage
73.82▼
2024 · 368.42
Debt
€31k▼
2024 · €58k
Debt ≤ 1 year
€20k▼
2024 · €55k
Income taxes
€15k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€119k€146k▲
Fixed assets21/28€12k€16k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€11k€15k▲
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€10k€14k▲
Current assets29/58€106k€130k▲
Amounts receivable within one year40/41€58k€110k▲
Trade receivables40€44k€89k▲
Other amounts receivable41€14k€20k▲
Cash at bank and in hand54/58€41k€14k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€119k€146k▲
Equity10/15€60k€116k▲
Contributions10/11€250€250=
Reserves13€60k€115k▲
Distributable reserves133€60k€115k▲
Amounts payable17/49€58k€31k▼
Amounts payable within one year42/48€55k€20k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€41k€12k▼
Suppliers440/4€41k€12k▼
Taxes, remuneration and social security45€13k€4k▼
Taxes450/3€11k€2k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€4k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€79k€80k▲
Operating profit (loss)9901€73k€71k▼
Financial income75/76B€150€218▲
Recurring financial income75€150€218▲
Financial charges65/66B€211€1k▲
Recurring financial charges65€211€1k▲
Profit (loss) for the period before taxes9903€73k€70k▼
Income taxes67/77€15k€15k▼
Profit (loss) for the period9904€58k€55k▼
Profit (loss) for the period to be appropriated9905€58k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€55k▼
Transfer to equity691/2€58k€55k▼
To other reserves6921€58k€55k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 6.36
Current ratio from 1.94 to 6.36; short-term debt falls from €55k to €20k.
31-12
Financial
Equity above €100kEq €116k ▲91.9%
3 profitable years in a row build equity to €116k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2023net €58k ▲3123%
Operating result €73k, net result €58k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalter · 1 establishment unit since 2022
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.
Eekloseweg 69910 AalterGround area
1,044 m²
Building footprint
285 m²
Volume, LiDAR
2,697 m³
Parcel 44067A0141/00A002, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STETCO
since 20222.334.257.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44067A0141/00A002 | Flanders | 1,044 m² | 1 · 285 m² | 13.0 m · 3 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
Innovatie Groep
BE 0772.438.021
Zwalm · Eq €116k
RBG Construct
BE 1013.813.712
Zemst · Eq €116k
NEW TOWN
BE 0848.085.153
Sint-Joost-ten-Node · Eq €116k
ALGEMENE BOUWWERKEN GERITS
BE 0819.462.730
Nijlen · Eq €116k
BOUWWERKEN SPOELDERS
BE 0728.829.987
Vorselaar · Eq €115k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,872 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.