STG CONSTRUCT
ActiveSTG CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €829k and a net result of €187k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 77% of 1291 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+5
Solvency82▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.28 in 2023; short-term debt: 33.2% and cash: 23.2% of total assets), and 42.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.5%
Return on assets
13%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
2 d early
2022
31 d early
2021
2 d early
2020
2 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€187k▲ 21.6%
2023 · €154k
2018: €18k
2019: €57k
2020: €85k
2021: €111k
2022: €182k
2023: €154k
2018 → 2024
Working capital
€425k▲ 166%
2023 · €160k
2018: €155k
2019: €8k
2020: €10k
2021: €36k
2022: €-11k
2023: €160k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€330k-€442k▲ 33.7%€520k▲ 17.7%€659k▲ 26.7%€829k▲ 25.7%
Operating result€131k-€172k▲ 31.0%€282k▲ 64.4%€253k▼ 10.6%€300k▲ 18.7%
Net result€85k-€111k▲ 31.0%€182k▲ 63.7%€154k▼ 15.5%€187k▲ 21.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.44M
Fixed assets
€539k▼ 42.0%
Current assets
€903k▲ 23.0%
Equity and liabilities €1.44M
Equity
€829k▲ 25.7%
Debt
€614k▼ 38.9%
The debt ratio falls from 60.4% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€440k▲
2023 · €411k
Cash flow
€327k▲
2023 · €313k
Solvency
57.5%▲
2023 · 39.6%
Current ratio
1.89▲
2023 · 1.28
Quick ratio
1.00▲
2023 · 0.44
Debt / equity
0.74▼
2023 · 1.52
ROE
22.6%▼
2023 · 23.4%
ROA
13.0%▲
2023 · 9.3%
Interest coverage
22.01▲
2023 · 20.21
Debt
€614k▼
2023 · €1.00M
Debt ≤ 1 year
€478k▼
2023 · €574k
Debt > 1 year
€135k▼
2023 · €430k
Income taxes
€94k▲
2023 · €79k
Staff costs
€734k▲
2023 · €523k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.66M€1.44M▼
Fixed assets21/28€930k€539k▼
Tangible fixed assets22/27€930k€539k▼
Land and buildings22€699k€343k▼
Plant, machinery and equipment23€118k€77k▼
Furniture and vehicles24€113k€119k▲
Current assets29/58€734k€903k▲
Stocks and contracts in progress3€480k€426k▼
Stocks30/36€220k€256k▲
Contracts in progress37€260k€170k▼
Amounts receivable within one year40/41€106k€136k▲
Trade receivables40€36k€66k▲
Other amounts receivable41€70k€70k▲
Cash at bank and in hand54/58€139k€335k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.44M▼
Equity10/15€659k€829k▲
Contributions10/11€6k€6k=
Reserves13€649k€818k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€647k€818k▲
Profit (loss) carried forward14€4k€5k▲
Amounts payable17/49€1.00M€614k▼
Amounts payable after more than one year17€430k€135k▼
Financial debts170/4€430k€135k▼
Amounts payable within one year42/48€574k€478k▼
Current portion of amounts payable after more than one year42€119k€111k▼
Financial debts43€107k-
Credit institutions430/8€107k-
Trade debts44€226k€260k▲
Suppliers440/4€226k€260k▲
Advances received on contracts in progress46€62k-
Taxes, remuneration and social security45€49k€95k▲
Taxes450/3€23k€27k▲
Remuneration and social security454/9€26k€68k▲
Other amounts payable47/48€11k€13k▲
Income statement
Code20232024
Remuneration, social security and pensions62€523k€734k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€140k▼
Other operating charges640/8€31k€13k▼
Non-recurring operating charges66A-€770
Gross operating margin9900€966k€1.19M▲
Operating profit (loss)9901€253k€300k▲
Financial income75/76B€692€1k▲
Recurring financial income75€692€1k▲
Financial charges65/66B€20k€20k▼
Recurring financial charges65€20k€20k▼
Profit (loss) for the period before taxes9903€233k€281k▲
Income taxes67/77€79k€94k▲
Profit (loss) for the period9904€154k€187k▲
Profit (loss) for the period to be appropriated9905€154k€187k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€192k▲
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer from equity791/2€15k€18k▲
Transfer to equity691/2€154k€187k▲
To other reserves6921€154k€187k▲
Profit to be distributed694/7€15k€18k▲
Return on contributions (dividend)694€15k€18k▲
Social balance
Average headcount (FTE)908711.214.1▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-06
State Gazette act
Incorporation · Founder
Founding capital · Share issue
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €187k ▲21.6%
Operating result €300k, net result €187k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €500kEq €520k ▲17.7%
5 profitable years in a row build equity to €520k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
31-12
Financial
Equity above €200kEq €245k ▲30.2%
2 profitable years in a row build equity to €245k.
11-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Remicourt · 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.
Rue Marquise(REM) 164350 RemicourtGround area
2,683 m²
Building footprint
118 m²
Volume, LiDAR
695 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Impasse de la Beurrerie 3, 4342 Awans
since 20132.253.441.642
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0576/00X000 | Wallonia | 1,993 m² | - | - |
| 64063A0451/00M003 | Wallonia | 690 m² | 1 · 118 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
9 categoriesSTG CONSTRUCT SRL44561
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 7,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.