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STETEC

Active Private limited company (pre-2019)founded 2004active for 22 yearsDahlstraße,Hinderhausen 19, 4780 Saint-VithKBO/BCE: BE 0865.121.224

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €535,692 (2018)
€307,520▲ 3.5%
lowest -€18,683 (2019)
€6,099▼ 60.3%
peak €851,689 (2025)
€851,689▲ 0.7%
€755,424▼ 16.2%
peak 7.7 FTE (2017)
-not published
Board1 name since 2006
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €15,350 to €6,099Debts from €901,508 to €755,424Cash from €27,791 to €17,128

Key points

from the 2025 annual accounts

Equity

€851,689 ▲ 0.7%

STETEC has made a profit without a break since 2020.

Turnover

≈ €620,000 estimated

The accounts state no turnover.

Investments

€2,834 0.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

4.6 FTE from 7.7 in 2017

Between 2017 and 2025, 40% of the full-time equivalents disappeared.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Ten of the last ten came late. The 2018 accounts came latest: 278 days after the end of the period.

Position in the sector

€851,689

More equity than 95% of companies in fabricated metal products. Sector median €76,473 · 2,518 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as STETEC has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 STETEC. 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.

Credit verdict

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Signals

Board and ownership

Director, since 04-02-2006
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0865121224
Registered office moved within St.Vith New registered office: Dahlstraße, Hinderhausen 19 in 4780 St.Vith · Previous registered office: Albinusstraße, Hinderhausen 16, 4780 St.Vith · Board meeting of 31-05-2021 · Gazette deed
Incorporation published on 17-05-2004 · Gazette deed
First establishment Hinderhausen 32, Saint-Vith
All 36 events

Comparable companies

same main activity, similar in size and age
Company
STETEC Saint-Vith €1.6m €307,520 53.0% -
VS MECA La Louvière €1.5m €330,093 69.8% 1.5
Van Kerkvoorde Dirk Lochristi €1.6m €253,996 85.0% 2.7
METAALCONSTRUCTIE BOUCKAERT Oostrozebeke €1.8m €319,350 22.4% 3.1
CAFRALU Oostkamp €1.3m €360,595 61.6% -
MMD SERVICES Flémalle €1.6m €381,802 62.3% 4
BRAGARD ETS Soumagne €1.7m €472,691 76.6% -

These companies have the same main activity as STETEC: machining of metals (NACE 25530). They are comparable in size and age: total assets between €1.3m and €1.8m, founded between 2001 and 2007.

Official details

Source: KBO
Status
Active since 05-05-2004Normal situation
Activity
Machining of metalsNACE 25530and 1 other
Joint committee
111Metal, mechanical and electrical engineering · annual accounts 2024
Establishment unit
2.137.556.0394784 Saint-Vith, since 29-04-2004
Financial year end
31 December
Peppol
Reachable since 10-10-2025
Company details

Annual accounts 2025

€1.6m▼ 8.0%
Employeeson 31-12-2025
4=
Filing
Filed on 31-08-2026
Financials

Insights on STETEC

STETEC files the micro format. That format states no turnover. The gross margin rose from €43,117 in 2006 to €307,520 in 2025.

The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about STETEC

What is the company number of STETEC?
The company number of STETEC is 0865.121.224. The VAT number is the same number with BE in front: BE 0865.121.224.
Where is STETEC based?
The registered office is at Dahlstraße,Hinderhausen 19, 4780 Saint-Vith.Company details
What does STETEC do?
According to the KBO register, the main activity is machining of metals (NACE 25530).
What is the legal form of STETEC?
STETEC is a private limited company (pre-2019) (BVBA).
When was STETEC founded?
STETEC was founded on 05-05-2004.
Is STETEC still active?
Yes, STETEC is an active enterprise in the KBO register.
How many employees does STETEC have?
STETEC had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does STETEC fall under?
In its 2024 annual accounts, STETEC states joint committee 111 (Metal, mechanical and electrical engineering).
What is the turnover of STETEC?
The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €307,520 and 875 comparable companies of the same size. It probably lies between €430,000 and €900,000. It is a rough estimate.
Is STETEC profitable?
In financial year 2025, STETEC made a profit of €6,099.
Where can I find the annual accounts of STETEC?
STETEC filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STETEC due?
STETEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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