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STEUGI

Active
Private limited companyfounded 2024active for 2 yearsSt-Michielskollegestraat 30, 1150 Woluwe-Saint-Pierre, BelgiumKBO/BCE: BE 1011.002.294
Summary

STEUGI has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,705 and a net result of -€295. Its solvency ranks better than 49% of 9,865 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 01-07-2024 Normal situation
Activity
Wholesale of timber NACE 46832and 5 others
Establishment unit
2.361.205.078 1150 Woluwe-Saint-Pierre, since 01-07-2024
Financial year end
30 June
Peppol
Reachable since 19-12-2025

Board and ownership

Board
Shareholders
  • BRUNEEL Martinedeed of 03-07-2024

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts to 30-06-2025
Gross margin
€3,416
Turnover
≈ €39,000
estimated
Loss
€295
Equity
€3,705
Total assets
€8,782
  • 2025 accounts filed 27 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €8,782Last filed accounts filed 28 days latelowers riskLiquidity: current ratio 1.73, cash €2,661Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 47% of micro companies in wholesale trade (NACE 46)
Financial strength
Average
Solvency 67
equity 42.2% of total assets
Liquidity 58
short-term debt 57.8% · cash 30.3%
Profitability 29
return on assets -3.4%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 08-2025: 1.7% 09-2025: 1.8%▲ +0.1 percentage points vs 08-2025 10-2025: 2.1%▲ +0.3 percentage points vs 09-2025 11-2025: 2.2%▲ +0.1 percentage points vs 10-2025 12-2025: 2.4%▲ +0.2 percentage points vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.7%▲ +0.3 percentage points vs 01-2026 03-2026: 2.8%▲ +0.1 percentage points vs 02-2026 04-2026: 2.7%▼ -0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 3.0%▲ +0.3 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 3.1%● unchanged vs 08-2026highest value 10-2026: 0.9%▼ -2.2 percentage points vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
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 46, micro). It does better than 51% of them on solvency, 64% on liquidity and 25% on profitability.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.73, cash €2,661
NBB · annual accounts
raises risk · Size: total assets €8,782
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 28 days late
NBB · filings
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
27 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 27 days after the deadline Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045405.

Annual accounts 2025 filed on 27-02-2026 at the NBB

Turnover
≈ €39,000
Estimated: probably between €16,000 and €93,000
Total assets
€8,782
Net result
-€295
Working capital
€3,705

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €8,782
Equity €3,705
Debt €5,077
Debt's share of the balance-sheet total is 57.8%.
Key figures and ratios
2025 value
Current ratio
1.73
Debt to equity
1.37
ROE
-8.0%
ROA
-3.4%
Debt ≤ 1 year
€5,077
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€8,782
Current assets29/58€8,782
Amounts receivable within one year40/41€5,030
Trade receivables40€3,156
Other amounts receivable41€1,874
Cash at bank and in hand54/58€2,661
Deferred charges and accrued income490/1€1,091
Equity and liabilities
Total equity and liabilities10/49€8,782
Equity10/15€3,705
Contributions10/11€4,000
Profit (loss) carried forward14-€295
Amounts payable17/49€5,077
Amounts payable within one year42/48€5,077
Trade debts44€5,077
Suppliers440/4€5,077
Income statement Code2025
Other operating charges640/8€50
Gross operating margin9900€3,416
Operating profit (loss)9901€3,366
Financial charges65/66B€3,661
Recurring financial charges65€3,661
Profit (loss) for the period before taxes9903-€295
Profit (loss) for the period9904-€295
Profit (loss) for the period to be appropriated9905-€295
Appropriation of the result
Profit (loss) to be appropriated9906-€295
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-02-2026.

Line2025
Other operating charges640/8€50
Gross operating margin9900€3,416
Operating profit (loss)9901€3,366
Financial charges65/66B€3,661
Recurring financial charges65€3,661
Profit (loss) for the period before taxes9903-€295
Profit (loss) for the period9904-€295
Profit (loss) for the period to be appropriated9905-€295
Line2025
Assets
Total assets20/58€8,782
Current assets29/58€8,782
Amounts receivable within one year40/41€5,030
Trade receivables40€3,156
Other amounts receivable41€1,874
Cash at bank and in hand54/58€2,661
Deferred charges and accrued income490/1€1,091
Equity and liabilities
Total equity and liabilities10/49€8,782
Equity10/15€3,705
Contributions10/11€4,000
Profit (loss) carried forward14-€295
Amounts payable17/49€5,077
Amounts payable within one year42/48€5,077
Trade debts44€5,077
Suppliers440/4€5,077
Line2025
Profit (loss) for the period9904-€295
Operating cash flow (approximation)-€295

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,145 companies had the same profile as STEUGI has now. Two years later, 91.7% were still going and 2.2% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
91.7% was still going
5.9% stopped otherwise
2.2% went bankrupt

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

That fits the bankruptcy probability of STEUGI itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 2,145 companies, not a prediction for STEUGI. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 27-02-2026 2026-00045405 PDF

Board & ownership

Directors

Directors
1 director, no change since 2025
DE CLERCQ Stefan
Director · since 08-07-2025 · listed in the 2025 annual accounts, filed on 27-02-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 03-07-2024

Owners and capital

Shareholders

At incorporation deed of 03-07-2024 ↗

Capital transactions

Capital over time
  1. 03-07-2024 Incorporation · €4,000 · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE CLERCQ Stefan
  • Director, from 08-07-2025 to date
BRUNEEL Martine
  • Director (not named in the articles), appointed by deed of 03-07-2024, until 08-07-2025
See the board, name and registered office on a given date →

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 03-07-2024 (in Dutch)

Network & group

STEUGI shares no director with another company.

Companies at the same address

4 other companies

Connections & network

1 current director
Depth

The network starts from the directors of STEUGI. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

2026
27-02
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 27 days late
2025
03-09
Gazette deed Resignation: BRUNEEL Martine (director)
Appointment: DE CLERCQ Stefan (director) · Director discharge: BRUNEEL Martine4 points ▸
  • General meeting, 08-07-2025
  • Director resignation, BRUNEEL Martine
  • Director discharge, BRUNEEL Martine
  • Director appointment, DE CLERCQ Stefan

Open the deed in the Belgian Official Gazette

2024
03-07
Gazette deed Incorporation
Founding capital of €4,000, 100 shares · Founder: BRUNEEL Martine · Appointment: BRUNEEL Martine (director)5 points ▸
  • Incorporation, 01-07-2024
  • Founder, BRUNEEL Martine
  • Founding capital, €4,000, 100 shares
  • Director appointment, BRUNEEL Martine (director (not named in the articles))
  • Power of attorney, A&B Partners
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 July 2024, STEUGI was incorporated as a private limited company by one natural person, with a starting capital of €4,000.12 DE CLERCQ Stefan has served as director since 2025.3 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-07-2024
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name STEUGI in Dutch
Enterprise number 1011.002.294
Legal form Private limited company
Status Active, normal situation
Founded 01-07-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-07-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Sint-Michielskollegestraat 30 bus 8, 1150 Brussel (Sint-Pieters-Woluwe)”
deed of 03-07-2024 (in Dutch)

Registered office and establishments

Registered office St-Michielskollegestraat 30, 1150 Woluwe-Saint-Pierre, Belgium
Establishment unit STEUGI, St-Michielskollegestraat 30, 1150 Woluwe-Saint-Pierre since 01-07-2024 · unit number 2.361.205.078

Activities

NACEBEL 2025
46832 Wholesale of timber main activity
16110 Sawmilling and planing of wood
46130 Agents in the wholesale of timber and building materials
47120 Other non-specialised retail sale
49410 Freight transport by road
82990 Other business support services
Codes under NACEBEL 2008
46732 Wholesale trade main activity
16100 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
46130 Wholesale trade
47910 Retail trade
49410 Road freight transport
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“De uitvoer en invoer,de verwerking en bewerking van allerlei hout en houtproducten,van bouwmaterialen en aanverwante producten; De uitbating…”
18 activities
  1. De uitvoer en invoer,de verwerking en bewerking van allerlei hout en houtproducten,van bouwmaterialen en aanverwante producten.
  2. De uitbating van een vervoer- en transportonderneming;het verrichten van alle transport en vervoer voor rekening van derden,dit via diverse wegen.De opslag en behandeling van goederen;het optreden als vervoercommissionair;het verrichten van transportmanagement;goederenvervoer per spoor,over de weg,over het water en in de lucht.Opslag en vervoersondersteunende activiteiten.
  3. De groot- en kleinhandel,import en export en handelsbemiddeling in hout en aanverwante producten,diverse intermediaire producten,fabrikaten en halffabrikaten,grondstoffen,afvalstoffen,diverse consumentenartikelen,menigvuldige goederen.
  4. Het verrichten van alle handelsbemiddeling,het optreden als agent en vertegenwoordiger in diverse sectoren en voor diverse producten en diensten.
  5. De uitbouw van een of meerdere organisaties inzake verkoop en dienstverlening;verkoop en dienstverlening via internet en via diverse kanalen.
  6. Het uitoefenen van commerciële activiteiten via het internet(e-commerce).
  7. Consultancy en dienstverlening op het vlak van voormelde activiteiten.
  8. Consultancy en dienstverlening op het vlak van algemeen management,bedrijfsvoering en beheer.
  9. Het begeleiden,organiseren en verzorgen van trainingen en opleidingen.Het geven van seminaries en presentaties.Het schrijven,verzorgen,begeleiden en uitgeven van literaire werken en bijdragen,handboeken,van diverse bijdragen in diverse vormen.Het verlenen van diverse administratieve ondersteuning,diverse zakelijke dienstverlening.
  10. Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,knowhow en andere intellectuele rechten.
  11. Het vervaardigen,ontwikkelen en commercialiseren van diverse toepassingen,diensten en producten in verband met voormelde activiteiten.
  12. Het verwerven en beheren voor eigen rekening van een onroerend patrimonium;het stellen van alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten;het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,ter beschikking stellen,verkavelen,prospecteren en uitbaten van onroerende goederen;het optreden als bouwpromotor;het verrichten van projectontwikkeling en handel in onroerend goed;het ontwerpen en realiseren van diverse vastgoedprojecten;het bouwen,verbouwen,kopen,renoveren en verkopen van onroerend goed;het optreden als vastgoedmakelaar en bemiddeling in vastgoed voor rekening van derden,op voorwaarde van het bekomen van een inschrijving bij de bevoegde instanties.
  13. Het verwerven en beheren voor eigen rekening van een roerend patrimonium.
  14. De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of gedeeltelijk te vergemakkelijken.
  15. De vennootschap mag betrokken zijn bij wijze van inbreng,fusie,inschrijving of op elke andere wijze in ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
  16. De vennootschap kan onder eender welke vorm participaties verwerven en/of aanhouden in bestaande of nog op te richten maatschappijen.Zij kan deze participaties beheren,te gelde maken en valoriseren,onder meer door deel te nemen aan het bestuur van de onderneming(en)waarin zij participeert en door ze bijstand te verlenen.De vennootschap beoogt de verdere gunstige ontwikkeling van de vennootschappen waarin zij participeert te stimuleren,te plannen en te coördineren.
  17. De vennootschap kan de functies van bestuurder,zaakvoerder,directeur of vereffenaar van andere vennootschappen uitoefenen.
  18. De vennootschap kan leningen en kredietopeningen toestaan aan rechtspersonen,ondernemingen en particulieren,in eender welke vorm.De vennootschap kan zich,zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden,borg stellen,tevens kan zij hypothecaire of andere zekerheden verstrekken.
deed of 03-07-2024 (in Dutch)

Invoicing and payment

VAT number BE 1011.002.294
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1011002294
Other Peppol ID 9925:BE1011002294
Registered 19-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Recognitions · licences · registrations

Food safety, FASFC

1 site
Woluwe-Saint-Pierreunit number 2.361.205.078
1 permission
Wholesaler of wood and bark · since 18-04-2025

Source: FAVV-AFSCA, open data, updated on 26-10-2026

Sites & property

Location
registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
3,569 m²
Building footprint
1,556 m²
Building volume
24,506 m³
Cadastral parcel Region Area Buildings Height / floors
21019A0215/00Y013 Brussels 3,569 m² 1 · 1,556 m² 21.1 m · 5