STEW
ActiveThe computed 12-month bankruptcy probability of STEW is 2.1% (moderate). The 2025 annual accounts show equity of €2k and a net result of €14k. Equity is shrinking by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 27407 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency9▼-39
Growth32=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 1.21 in 2024), and 96.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 10%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
30 d early
2024
171 d early
2023
6 d late
2022
25 d early
2021
31 d late
2020
67 d early
2019
73 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 82.3%
2024 · €11k
2019: €22k
2020: €19k
2021: €20k
2022: €24k
2023: €18k
2024: €11k
2019 → 2025
Total assets
€61k▲ 50.9%
2024 · €40k
2019: €65k
2020: €65k
2021: €44k
2022: €45k
2023: €29k
2024: €40k
2019 → 2025
Net result
€14k▲ 6.7%
2024 · €13k
2019: €20k
2020: €-3k
2021: €1k
2022: €3k
2023: €-6k
2024: €13k
2019 → 2025
Working capital
€-7k
2024 · €6k
2019: €16k
2020: €3k
2021: €5k
2022: €12k
2023: €7k
2024: €6k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€24k▲ 16.6%€18k▼ 24.9%€11k▼ 36.5%€2k▼ 82.3%
Operating result€2k-€6k▲ 125%€-5k€17k€21k▲ 23.8%
Net result€1k-€3k▲ 149%€-6k€13k€14k▲ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€33k▲ 546%
Current assets
€28k▼ 21.8%
Equity and liabilities €61k
Equity
€2k▼ 82.3%
Debt
€59k▲ 103%
The debt ratio rises from 72.0% to 96.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€28k▲
2024 · €25k
Cash flow
€21k▼
2024 · €22k
Solvency
3.3%▼
2024 · 28.0%
Current ratio
0.80▼
2024 · 1.21
Quick ratio
0.80▼
2024 · 1.21
Debt / equity
29.46▲
2024 · 2.57
ROE
719.8%▲
2024 · 119.4%
ROA
23.6%▼
2024 · 33.4%
Interest coverage
29.01▼
2024 · 44.92
Debt
€59k▲
2024 · €29k
Debt ≤ 1 year
€34k▲
2024 · €29k
Debt > 1 year
€24k
Income taxes
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€61k▲
Fixed assets21/28€5k€33k▲
Tangible fixed assets22/27€5k€33k▲
Plant, machinery and equipment23€1k€655▼
Furniture and vehicles24€4k€33k▲
Current assets29/58€35k€28k▼
Amounts receivable within one year40/41€3k€582▼
Trade receivables40€363€0▼
Other amounts receivable41€3k€582▼
Cash at bank and in hand54/58€29k€24k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€40k€61k▲
Equity10/15€11k€2k▼
Contributions10/11€2k€2k=
Reserves13€9k€0▼
Distributable reserves133€9k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€29k€59k▲
Amounts payable after more than one year17-€24k
Financial debts170/4-€24k
Amounts payable within one year42/48€29k€34k▲
Current portion of amounts payable after more than one year42€0€6k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€669▼
Taxes450/3€0€669▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€24k€26k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€26k€30k▲
Operating profit (loss)9901€17k€21k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€566€975▲
Recurring financial charges65€566€975▲
Profit (loss) for the period before taxes9903€17k€20k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€13k€14k▲
Profit (loss) for the period to be appropriated9905€13k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€14k▲
Transfer from equity791/2€7k€9k▲
Profit to be distributed694/7€20k€24k▲
Return on contributions (dividend)694€20k€24k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼275%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Heist-op-den-Berg · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergebeekstraat 5 D2220 Heist-op-den-BergGround area
1,207 m²
Building footprint
241 m²
Volume, LiDAR
991 m³
Parcel 12322G0874/00S000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STEW
since 20192.292.471.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322G0874/00S000 | Flanders | 1,207 m² | 1 · 241 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,505 EUR awarded · 1,505 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 304 EUR | 304 EUR |
| 2024 | 1 | 246 EUR | 657 EUR |
| 2023 | 1 | 692 EUR | 281 EUR |
| 2022 | 1 | 263 EUR | 263 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,058 companies in sector 43240 we hold annual accounts for 1,614. 283 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2019
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.