STEVKO
ActiveSummary
The computed 12-month bankruptcy probability of STEVKO is 2.1% (moderate). The 2025 annual accounts show equity of €26k and a net result of €-7k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 13417 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability52▲+52
Solvency68=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.04 in 2024; short-term debt: 25.7% and cash: 21.8% of total assets), and 57.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.8%
Return on assets
-11%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
3 d late
2021
45 d early
2020
13 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 20.4%
2024 · €32k
2019: €16klowest in 7 years
2020: €30k▲ +86.6% vs 2019
2021: €29k▼ -3.8% vs 2020
2022: €46k▲ +60.3% vs 2021
2023: €54k▲ +17.2% vs 2022highest in 7 years
2024: €32k▼ -40.2% vs 2023
2025: €26k▼ -20.4% vs 2024
2019 → 2025
Total assets
€60k▼ 19.7%
2024 · €75k
2019: €44k
2020: €37k▼ -15.6% vs 2019
2021: €34k▼ -8.0% vs 2020lowest in 7 years
2022: €49k▲ +43.1% vs 2021
2023: €63k▲ +28.4% vs 2022
2024: €75k▲ +19.4% vs 2023highest in 7 years
2025: €60k▼ -19.7% vs 2024
2019 → 2025
Net result
€-7k▲ 69.5%
2024 · €-22k
2019: €26khighest in 7 years
2020: €14k▼ -45.7% vs 2019
2021: €-1k▼ -108% vs 2020
2022: €17k▲ +1618% vs 2021
2023: €8k▼ -54.2% vs 2022
2024: €-22k▼ -373% vs 2023lowest in 7 years
2025: €-7k▲ +69.5% vs 2024
2019 → 2025
Working capital
€864▲ 26.7%
2024 · €682
2019: €-18klowest in 7 years
2020: €-3k▲ +85.7% vs 2019
2021: €678▲ +126% vs 2020
2022: €21k▲ +2997% vs 2021
2023: €34k▲ +61.7% vs 2022highest in 7 years
2024: €682▼ -98.0% vs 2023
2025: €864▲ +26.7% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€46k▲ 60.3%€54k▲ 17.2%€32k▼ 40.2%€26k▼ 20.4%
2021: €29k
2022: €46k▲ +60.3% vs 2021
2023: €54k▲ +17.2% vs 2022highest in 5 years
2024: €32k▼ -40.2% vs 2023
2025: €26k▼ -20.4% vs 2024lowest in 5 years
Operating result€-754-€22k€7k▼ 69.5%€-20k€-5k▲ 74.3%
2021: €-754
2022: €22k▲ +3000% vs 2021highest in 5 years
2023: €7k▼ -69.5% vs 2022
2024: €-20k▼ -394% vs 2023lowest in 5 years
2025: €-5k▲ +74.3% vs 2024
Net result€-1k-€17k€8k▼ 54.2%€-22k€-7k▲ 69.5%
2021: €-1k
2022: €17k▲ +1618% vs 2021highest in 5 years
2023: €8k▼ -54.2% vs 2022
2024: €-22k▼ -373% vs 2023lowest in 5 years
2025: €-7k▲ +69.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€44k ▼ 24.3%
Current assets
€16k ▼ 4.1%
Equity and liabilities €60k
Equity
€26k ▼ 20.4%
Debt
€34k ▼ 19.2%
Debt's share of the balance-sheet total rises from 56.8% to 57.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €-7k
Cash flow
€7k▲
2024 · €-9k
Current ratio
1.06▲
2024 · 1.04
Quick ratio
0.88▼
2024 · 0.89
Debt to equity
1.34▲
2024 · 1.32
ROE
-25.7%▲
2024 · -67.1%
ROA
-11.0%▲
2024 · -29.0%
Interest coverage
5.59▲
2024 · -4.57
Debt ≤ 1 year
€15k▼
2024 · €16k
Debt > 1 year
€19k▼
2024 · €26k
Staff costs
€8k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€75k€60k▼
Formation expenses20-€0
Fixed assets21/28€58k€44k▼
Tangible fixed assets22/27€53k€39k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€804€209▼
Leasing and similar rights25€43k€33k▼
Other tangible fixed assets26-€0
Financial fixed assets28€4k€4k=
Current assets29/58€17k€16k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€9k€494▼
Other amounts receivable41€9k€494▼
Current investments50/53€15€15=
Cash at bank and in hand54/58€5k€13k▲
Equity and liabilities
Total equity and liabilities10/49€75k€60k▼
Equity10/15€32k€26k▼
Contributions10/11€20k€20k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-22k€-28k▼
Amounts payable17/49€43k€34k▼
Amounts payable after more than one year17€26k€19k▼
Financial debts170/4€26k€19k▼
Amounts payable within one year42/48€16k€15k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€3k▼
Remuneration and social security454/9-€1k
Income statement
Code20242025
Non-recurring operating income76A€248-
Remuneration, social security and pensions62€9k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€6k€20k▲
Operating profit (loss)9901€-20k€-5k▲
Financial income75/76B€12€56▲
Recurring financial income75€12€56▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-21k€-7k▲
Income taxes67/77€587-
Profit (loss) for the period9904€-22k€-7k▲
Profit (loss) for the period to be appropriated9905€-22k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-28k▼
Profit (loss) brought forward from the previous period14P-€-22k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €248 | - | - |
| Remuneration, social security and pensions62 | - | €785 | €1k | €9k | €8k | ▼ 10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €5k | €5k | €13k | €14k | ▲ 10.7% |
| Other operating charges640/8 | - | €4k | €3k | €3k | €2k | ▼ 32.9% |
| Gross operating margin9900 | €9k | €31k | €16k | €6k | €20k | ▲ 235% |
| Operating profit (loss)9901 | €-754 | €22k | €7k | €-20k | €-5k | ▲ 74.3% |
| Financial income75/76B | - | €153 | €511 | €12 | €56 | ▲ 365% |
| Recurring financial income75 | €18 | €153 | €511 | €12 | €56 | ▲ 365% |
| Financial charges65/66B | - | €169 | €253 | €2k | €2k | ▲ 7.2% |
| Recurring financial charges65 | €273 | €169 | €253 | €2k | €2k | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €-1k | €22k | €7k | €-21k | €-7k | ▲ 68.7% |
| Income taxes67/77 | €131 | €5k | €-1k | €587 | - | - |
| Profit (loss) for the period9904 | €-1k | €17k | €8k | €-22k | €-7k | ▲ 69.5% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €17k | €8k | €-22k | €-7k | ▲ 69.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34k | €49k | €63k | €75k | €60k | ▼ 19.7% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €28k | €25k | €20k | €58k | €44k | ▼ 24.3% |
| Tangible fixed assets22/27 | €24k | €21k | €16k | €53k | €39k | ▼ 26.3% |
| Plant, machinery and equipment23 | - | €19k | €14k | €10k | €7k | ▼ 34.2% |
| Furniture and vehicles24 | - | €2k | €1k | €804 | €209 | ▼ 74.0% |
| Leasing and similar rights25 | - | - | - | €43k | €33k | ▼ 23.6% |
| Other tangible fixed assets26 | - | - | - | - | €0 | - |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €6k | €24k | €43k | €17k | €16k | ▼ 4.1% |
| Stocks and contracts in progress3 | - | €2k | €2k | €3k | €3k | ▲ 8.0% |
| Stocks30/36 | - | €2k | €2k | €3k | €3k | ▲ 8.0% |
| Amounts receivable within one year40/41 | €3k | €9k | €7k | €9k | €494 | ▼ 94.7% |
| Other amounts receivable41 | - | €9k | €7k | €9k | €494 | ▼ 94.7% |
| Current investments50/53 | €0 | €6k | €15k | €15 | €15 | = |
| Cash at bank and in hand54/58 | €3k | €7k | €18k | €5k | €13k | ▲ 154% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34k | €49k | €63k | €75k | €60k | ▼ 19.7% |
| Equity10/15 | €29k | €46k | €54k | €32k | €26k | ▼ 20.4% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €10k | €26k | €34k | €34k | €34k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €24k | €32k | €34k | €34k | = |
| Profit (loss) carried forward14 | €-1k | - | - | €-22k | €-28k | ▼ 30.5% |
| Amounts payable17/49 | €5k | €3k | €9k | €43k | €34k | ▼ 19.2% |
| Amounts payable after more than one year17 | - | - | - | €26k | €19k | ▼ 27.8% |
| Financial debts170/4 | - | - | - | €26k | €19k | ▼ 27.8% |
| Amounts payable within one year42/48 | €5k | €3k | €9k | €16k | €15k | ▼ 5.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7k | €7k | ▲ 4.4% |
| Trade debts44 | €4k | €806 | €4k | €3k | €4k | ▲ 52.6% |
| Suppliers440/4 | - | €806 | €4k | €3k | €4k | ▲ 52.6% |
| Taxes, remuneration and social security45 | - | €2k | €5k | €7k | €4k | ▼ 40.4% |
| Taxes450/3 | - | €2k | €5k | €7k | €3k | ▼ 57.6% |
| Remuneration and social security454/9 | - | €73 | - | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €17k | €8k | €-22k | €-7k | ▲ 69.5% |
| + Depreciation and write-downs630 | €7k | €5k | €5k | €13k | €14k | ▲ 10.7% |
| Operating cash flow (approximation) | €6k | €22k | €13k | €-9k | €7k | ▲ 183% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-51k | €0 | ▲ 100% |
| Change in cash | - | €4k | €11k | €-13k | €8k | ▲ 160% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-03
Financial
Liquidity times 8current ratio 8.62
Current ratio from 1.13 to 8.62; short-term debt falls from €5k to €3k.
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has 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
8 acts for this company are 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, Zulte · 1 establishment unit since 2013
Ground area
529 m²
Building footprint
209 m²
Volume, LiDAR
1,230 m³
Parcel 44081C0013/00A006, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Café De Pallieter
since 20132.226.083.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0013/00A006 | Flanders | 529 m² | 1 · 209 m² | 10.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZulte2.226.083.286
Similar companies · same sector, comparable size
KRADO
BE 0697.787.217
Aalst · Eq €25,658
ANDUEL
BE 0752.543.420
Ukkel · Eq €25,731
VAN HEYKAR
BE 0453.221.414
Ninove · Eq €25,737
N.W.P.& B.S.S.
BE 0892.339.226
Nivelles · Eq €25,622
CANLIS
BE 0677.759.784
Saint-Nicolas · Eq €25,745
Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 4,054 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2013
Fiscal year end31-03
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.