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"STETHOS"

Active
Private limited companyfounded 20206 yrs activePlace de Jemappes 2, 7012 Mons, BelgiumKBO/BCE: BE 0743.432.348
Summary

The computed 12-month bankruptcy probability of "STETHOS" is 2.4% (moderate). The 2025 annual accounts show equity of €50,122 and a net result of €7,914. Equity is growing by ~65.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability82▼-6
Solvency91▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.48 in 2024; short-term debt: 19% and cash: 30.1% of total assets), and 34.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.7%
Return on assets
10.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
21 d early
2024
21 d early
2023
22 d early
2022
26 d early
2021
23 d early
2020
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 19 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 (2)
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. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 February 2020, "STETHOS" was incorporated as a Private limited company.1 Total assets went from EUR 87,183 in 2020 to EUR 76,321 in 2025 and headcount from 0.5 full-time equivalents in 2020 to 1 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020, 2024 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€50,122▲ 18.8%
2024 · €42,207
Total assets
€76,321▼ 23.4%
2024 · €99,606
Net result
€7,914▼ 48.1%
2024 · €15,248
Working capital
€20,443▲ 25.4%
2024 · €16,305
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
Line20212022202320242025
Operating result€957€8,545▲ 793%€24,623▲ 188%€21,033▼ 14.6%€11,086▼ 47.3%
Net result€384€7,914▲ 1,960%€18,537▲ 134%€15,248▼ 17.7%€7,914▼ 48.1%
Equity€508▲ 310%€8,422▲ 1,557%€26,959▲ 220%€42,207▲ 56.6%€50,122▲ 18.8%
Total assets€80,720▼ 7.4%€95,264▲ 18.0%€98,245▲ 3.1%€99,606▲ 1.4%€76,321▼ 23.4%
Debt€80,211▼ 7.9%€86,842▲ 8.3%€71,286▼ 17.9%€57,399▼ 19.5%€26,200▼ 54.4%
Working capital-€14,468▼ 582%€2,574€3,307▲ 28.5%€16,305▲ 393%€20,443▲ 25.4%
Staff (FTE)1▲ 100%1=1=1=0▼ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2021: €957€957Net result 2021: €384€384Operating result 2022: €8,545€8,545Net result 2022: €7,914€7,914Operating result 2023: €24,623€24,623Net result 2023: €18,537€18,537Operating result 2024: €21,033€21,033Net result 2024: €15,248€15,248Operating result 2025: €11,086€11,086Net result 2025: €7,914€7,91420212022202320242025€0€10,000€20,000Operating result 2023: €24,623€24,600Net result 2023: €18,537€18,500Operating result 2024: €21,033€21,000Net result 2024: €15,248€15,200Operating result 2025: €11,086€11,100Net result 2025: €7,914€7,910202320242025
The operating result has fallen two years in a row; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,321
Fixed assets €41,385 ▼ 16.0%
Current assets €34,936 ▼ 30.6%
Equity and liabilities €76,321
Equity €50,122 ▲ 18.8%
Debt €26,200 ▼ 54.4%
Debt's share of the balance-sheet total falls from 57.6% to 34.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,973▼
2024 · €29,988
Cash flow
€15,801▼
2024 · €24,202
Current ratio
2.41▲
2024 · 1.48
Debt to equity
0.52▼
2024 · 1.36
ROE
15.8%▼
2024 · 36.1%
ROA
10.4%▼
2024 · 15.3%
Interest coverage
38.79▼
2024 · 52.60
Debt ≤ 1 year
€14,493▼
2024 · €34,030
Debt > 1 year
€11,132▼
2024 · €22,919
Income taxes
€2,684▼
2024 · €5,215
Staff costs
-€14▼
2024 · €9,930
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€99,606€76,321▼
Fixed assets21/28€49,272€41,385▼
Tangible fixed assets22/27€49,134€41,247▼
Land and buildings22€49,134€41,247▼
Financial fixed assets28€138€138=
Current assets29/58€50,334€34,936▼
Amounts receivable within one year40/41€10,566€11,917▲
Other amounts receivable41€10,566€11,917▲
Cash at bank and in hand54/58€39,655€22,940▼
Deferred charges and accrued income490/1€113€80▼
Equity and liabilities
Total equity and liabilities10/49€99,606€76,321▼
Equity10/15€42,207€50,122▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€39,207€47,122▲
Amounts payable17/49€57,399€26,200▼
Amounts payable after more than one year17€22,919€11,132▼
Financial debts170/4€22,919€11,132▼
Amounts payable within one year42/48€34,030€14,493▼
Current portion of amounts payable after more than one year42€11,655€11,788▲
Trade debts44€2,424€2,132▼
Suppliers440/4€2,424€2,132▼
Taxes, remuneration and social security45€10,377-
Taxes450/3€6,601-
Remuneration and social security454/9€3,775-
Other amounts payable47/48€9,574€574▼
Accrued charges and deferred income492/3€450€575▲
Income statement Code20242025
Remuneration, social security and pensions62€9,930-€14▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,954€7,887▼
Other operating charges640/8€574€555▼
Gross operating margin9900€40,492€19,514▼
Operating profit (loss)9901€21,033€11,086▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€570€489▼
Recurring financial charges65€570€489▼
Profit (loss) for the period before taxes9903€20,463€10,598▼
Income taxes67/77€5,215€2,684▼
Profit (loss) for the period9904€15,248€7,914▼
Profit (loss) for the period to be appropriated9905€15,248€7,914▼
Appropriation of the result
Profit (loss) to be appropriated9906€39,207€47,122▲
Profit (loss) brought forward from the previous period14P€23,959€39,207▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€27,818€29,907€33,343€9,930-€14▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,556€8,176€10,741€8,954€7,887▼ 11.9%
Other operating charges640/8€348€419€571€574€555▼ 3.4%
Gross operating margin9900€36,678€47,047€69,278€40,492€19,514▼ 51.8%
Operating profit (loss)9901€957€8,545€24,623€21,033€11,086▼ 47.3%
Financial income75/76B----€1-
Recurring financial income75----€1-
Financial charges65/66B€572€631€699€570€489▼ 14.2%
Recurring financial charges65€572€631€699€570€489▼ 14.2%
Profit (loss) for the period before taxes9903€384€7,914€23,923€20,463€10,598▼ 48.2%
Income taxes67/77--€5,386€5,215€2,684▼ 48.5%
Profit (loss) for the period9904€384€7,914€18,537€15,248€7,914▼ 48.1%
Profit (loss) for the period to be appropriated9905€384€7,914€18,537€15,248€7,914▼ 48.1%
Line20212022202320242025Change
Assets
Total assets20/58€80,720€95,264€98,245€99,606€76,321▼ 23.4%
Fixed assets21/28€58,183€51,946€58,226€49,272€41,385▼ 16.0%
Tangible fixed assets22/27€58,045€51,808€58,088€49,134€41,247▼ 16.1%
Land and buildings22€50,904€48,246€57,243€49,134€41,247▼ 16.1%
Plant, machinery and equipment23€732€344€72---
Furniture and vehicles24€6,409€3,218€773---
Financial fixed assets28€138€138€138€138€138=
Current assets29/58€22,537€43,319€40,019€50,334€34,936▼ 30.6%
Amounts receivable within one year40/41--€10,000€10,566€11,917▲ 12.8%
Other amounts receivable41--€10,000€10,566€11,917▲ 12.8%
Cash at bank and in hand54/58€21,951€42,807€29,674€39,655€22,940▼ 42.2%
Deferred charges and accrued income490/1€585€511€345€113€80▼ 29.4%
Equity and liabilities
Total equity and liabilities10/49€80,720€95,264€98,245€99,606€76,321▼ 23.4%
Equity10/15€508€8,422€26,959€42,207€50,122▲ 18.8%
Contributions10/11€3,000€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€2,492€5,422€23,959€39,207€47,122▲ 20.2%
Amounts payable17/49€80,211€86,842€71,286€57,399€26,200▼ 54.4%
Amounts payable after more than one year17€43,207€46,098€34,574€22,919€11,132▼ 51.4%
Financial debts170/4€43,207€46,098€34,574€22,919€11,132▼ 51.4%
Amounts payable within one year42/48€37,004€40,744€36,712€34,030€14,493▼ 57.4%
Current portion of amounts payable after more than one year42€8,431€11,395€11,524€11,655€11,788▲ 1.1%
Trade debts44€2,266€2,927€3,449€2,424€2,132▼ 12.1%
Suppliers440/4€2,266€2,927€3,449€2,424€2,132▼ 12.1%
Taxes, remuneration and social security45€5,308€5,422€12,165€10,377--
Taxes450/3--€5,386€6,601--
Remuneration and social security454/9€5,308€5,422€6,779€3,775--
Other amounts payable47/48€21,000€21,000€9,574€9,574€574▼ 94.0%
Accrued charges and deferred income492/3---€450€575▲ 27.8%
Line20212022202320242025Change
Profit (loss) for the period9904€384€7,914€18,537€15,248€7,914▼ 48.1%
+ Depreciation and write-downs630€7,556€8,176€10,741€8,954€7,887▼ 11.9%
Operating cash flow (approximation)€7,940€16,090€29,278€24,202€15,801▼ 34.7%
Investment in fixed assets (approximation)--€1,939-€17,022€0€0-
Change in cash-€20,856-€13,133€9,981-€16,715▼ 267%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2020net €18,537 ▲134%
Operating result €24,623, net result €18,537, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €384
Net result €384 after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Mons · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
599 m²
Building footprint
160 m²
Volume, LiDAR
1,912 m³
Parcel 53043B0791/00K000, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Place de Jemappes 2, 7012 Mons
General medical practice
since 20202.299.980.658
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53043B0791/00K000 Wallonia 599 m² 1 · 160 m² 14.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0743432348
Registered 19-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.