STEYAERT BART
ActiveSTEYAERT BART has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.22M and a net result of €506k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+3
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 10.0 against 6.82 in 2024; short-term debt: 4.9% and cash: 49.1% of total assets), and 20.5% 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.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.5%
Return on assets
18.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
34 d late
2023
29 d late
2022
12 d early
2021
9 d late
2020
13 d late
2019
28 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.22M▲ 11.9%
2024 · €1.98M
2018: €417k
2019: €607k
2020: €856k
2021: €1.15M
2022: €1.40M
2023: €1.70M
2024: €1.98M
2018 → 2025
Total assets
€2.79M▲ 4.9%
2024 · €2.66M
2018: €1.06M
2019: €1.13M
2020: €1.46M
2021: €1.60M
2022: €2.32M
2023: €2.53M
2024: €2.66M
2018 → 2025
Net result
€506k▲ 22.6%
2024 · €413k
2018: €132k
2019: €190k
2020: €301k
2021: €395k
2022: €345k
2023: €321k
2024: €413k
2018 → 2025
Working capital
€1.24M▲ 23.9%
2024 · €1.00M
2018: €177k
2019: €346k
2020: €567k
2021: €850k
2022: €550k
2023: €801k
2024: €1.00M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.40M▲ 22.0%€1.70M▲ 21.1%€1.98M▲ 16.5%€2.22M▲ 11.9%
Operating result€590k-€523k▼ 11.4%€482k▼ 7.9%€606k▲ 25.8%€753k▲ 24.2%
Net result€395k-€345k▼ 12.7%€321k▼ 6.8%€413k▲ 28.4%€506k▲ 22.6%
Turnover and EBIT margin not published: the abbreviated or 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 result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.79M
Fixed assets
€1.41M▼ 5.2%
Current assets
€1.38M▲ 17.5%
Equity and liabilities €2.79M
Equity
€2.22M▲ 11.9%
Debt
€571k▼ 15.8%
The debt ratio falls from 25.5% to 20.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€830k▲
2024 · €686k
Cash flow
€583k▲
2024 · €493k
Solvency
79.5%▲
2024 · 74.5%
Current ratio
10.00▲
2024 · 6.82
Quick ratio
10.00▲
2024 · 6.82
Debt / equity
0.26▼
2024 · 0.34
ROE
22.8%▲
2024 · 20.8%
ROA
18.2%▲
2024 · 15.5%
Interest coverage
62.02▲
2024 · 51.46
Debt
€571k▼
2024 · €679k
Debt ≤ 1 year
€138k▼
2024 · €172k
Debt > 1 year
€433k▼
2024 · €507k
Income taxes
€239k▲
2024 · €196k
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€2.66M€2.79M▲
Fixed assets21/28€1.49M€1.41M▼
Tangible fixed assets22/27€1.49M€1.41M▼
Land and buildings22€1.43M€1.37M▼
Furniture and vehicles24€59k€39k▼
Current assets29/58€1.17M€1.38M▲
Amounts receivable within one year40/41€11k€9k▼
Trade receivables40€4k-
Other amounts receivable41€7k€9k▲
Current investments50/53€400k-
Cash at bank and in hand54/58€762k€1.37M▲
Deferred charges and accrued income490/1-€117
Equity and liabilities
Total equity and liabilities10/49€2.66M€2.79M▲
Equity10/15€1.98M€2.22M▲
Contributions10/11€12k€12k=
Reserves13€1.97M€2.20M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.97M€2.20M▲
Amounts payable17/49€679k€571k▼
Amounts payable after more than one year17€507k€433k▼
Financial debts170/4€507k€433k▼
Amounts payable within one year42/48€172k€138k▼
Current portion of amounts payable after more than one year42€73k€73k=
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€89k€52k▼
Taxes450/3€89k€52k▼
Other amounts payable47/48€4k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€77k▼
Other operating charges640/8€8k€10k▲
Gross operating margin9900€695k€840k▲
Operating profit (loss)9901€606k€753k▲
Financial income75/76B€15k€5k▼
Recurring financial income75€15k€5k▼
Financial charges65/66B€13k€13k▲
Recurring financial charges65€13k€13k▲
Profit (loss) for the period before taxes9903€608k€745k▲
Income taxes67/77€196k€239k▲
Profit (loss) for the period9904€413k€506k▲
Profit (loss) for the period to be appropriated9905€413k€506k▲
Appropriation of the result
Profit (loss) to be appropriated9906€413k€506k▲
Transfer from equity791/2€132k€270k▲
Transfer to equity691/2€413k€506k▲
To other reserves6921€413k€506k▲
Profit to be distributed694/7€132k€270k▲
Return on contributions (dividend)694€132k€270k▲
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €506k ▲22.6%
Operating result €753k, net result €506k, both a record.
31-12
Financial
Equity above €2MEq €2.22M ▲11.9%
8 profitable years in a row build equity to €2.22M.
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 34 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 9.61
Current ratio from 3.90 to 9.61; short-term debt falls from €196k to €99k.
31-12
Financial
Equity above €1MEq €1.15M ▲34.4%
4 profitable years in a row build equity to €1.15M.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.28
Current ratio from 1.94 to 4.28; short-term debt falls from €188k to €106k.
31-12
Financial
Equity above €500kEq €607k ▲45.4%
2 profitable years in a row build equity to €607k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 45 days late
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, Staden · 1 establishment unit since 2013
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.
Rozestraat(ONK) 38840 StadenGround area
1.1 ha
Building footprint
372 m²
Volume, LiDAR
1,821 m³
Parcel 36014D0139/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STEYAERT BART
since 20132.216.720.907
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014D0139/00R000 | Flanders | 1.1 ha | 1 · 372 m² | 8.4 m · 2 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.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 608 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-02-2013
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46110Wholesale trade
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.