Equity
Stevali has made a profit in every financial year since 2023.
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Stevali has made a profit in every financial year since 2023.
The micro format states no turnover.
Debts rose by €72,716 in 2025.
Green is investment, beige is depreciation. Machinery stands 395.6% higher than in 2024.
The 2023 accounts came latest: 255 days after the end of the period.
In July 2024, 7,976 companies had the same profile as Stevali has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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.
| 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 7,976 companies, not a prediction for Stevali. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| Stevali Erpe-Mere | €268,368 | €60,716 | 26.2% | - |
| VAN HECKE EC Zelzate | €231,279 | €71,646 | 95.9% | - |
| Matthias Steyaert Kaprijke | €219,783 | €55,911 | 20.3% | - |
| JS-Technics Waregem | €287,507 | €61,322 | 75.5% | - |
| NEOWATT La Louvière | €266,618 | €68,499 | 25.3% | - |
| CVH Electricité & photovoltaïque Blegny | €245,875 | €53,261 | 27.1% | - |
| DELOTECH Avelgem | €297,301 | €53,513 | 45.9% | - |
These companies have the same main activity as Stevali: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €220,000 and €297,000, founded between 2022 and 2023.
Stevali files the micro format. That format states no turnover. The gross margin rose from €42,652 in 2023 to €60,716 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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