STHIB
ActiveSummary
STHIB has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,689 and a net result of €81,218. Equity is growing by ~60.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.24 against 11.57 in 2024; short-term debt: 17.1% and cash: 11.3% of total assets), and 17.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
82.9%
Return on assets
66.9%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
60 d early
2024
68 d early
2023
49 d early
2022
54 d early
2021
76 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 61 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 1 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€100,689▼ 55.2%
2024 · €224,765
Total assets
€121,442▼ 50.4%
2024 · €244,834
Net result
€81,218▼ 3.1%
2024 · €83,793
Working capital
€87,985▼ 58.5%
2024 · €212,141
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€48,773-€60,546▲ 24.1%€69,397▲ 14.6%€106,458▲ 53.4%€101,265▼ 4.9%
Net result€37,373within the sector's middle half-€46,332within the sector's middle half▲ 24.0%€54,768within the sector's middle half▲ 18.2%€83,793above the sector's middle half▲ 53.0%€81,218above the sector's middle half▼ 3.1%
Equity€39,873within the sector's middle half-€86,204within the sector's middle half▲ 116%€140,973within the sector's middle half▲ 63.5%€224,765within the sector's middle half▲ 59.4%€100,689within the sector's middle half▼ 55.2%
Total assets€53,375below the sector's middle half-€95,697within the sector's middle half▲ 79.3%€158,092within the sector's middle half▲ 65.2%€244,834within the sector's middle half▲ 54.9%€121,442within the sector's middle half▼ 50.4%
Debt€13,502-€9,493▼ 29.7%€17,120▲ 80.3%€20,069▲ 17.2%€20,753▲ 3.4%
Working capital€39,873within the sector's middle half-€86,204within the sector's middle half▲ 116%€140,667above the sector's middle half▲ 63.2%€212,141above the sector's middle half▲ 50.8%€87,985within the sector's middle half▼ 58.5%
Solvency74.7%within the sector's middle half-90.1%above the sector's middle half▲ 15.4pp89.2%above the sector's middle half▼ 0.9pp91.8%above the sector's middle half▲ 2.6pp82.9%above the sector's middle half▼ 8.9pp
Current ratio3.95within the sector's middle half-10.08above the sector's middle half▲ 6.139.22above the sector's middle half▼ 0.8611.57above the sector's middle half▲ 2.355.24above the sector's middle half▼ 6.33
Return on assets (ROA)70.0%above the sector's middle half-48.4%above the sector's middle half▼ 21.6pp34.6%above the sector's middle half▼ 13.8pp34.2%above the sector's middle half▼ 0.4pp66.9%above the sector's middle half▲ 32.7pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121,442
Fixed assets
€12,703 ▲ 0.6%
Current assets
€108,739 ▼ 53.2%
Equity and liabilities €121,442
Equity
€100,689 ▼ 55.2%
Debt
€20,753 ▲ 3.4%
Debt's share of the balance-sheet total rises from 8.2% to 17.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€101,964▼
2024 · €106,799
Cash flow
€81,916▼
2024 · €84,134
Debt to equity
0.21▲
2024 · 0.09
ROE
80.7%▲
2024 · 37.3%
Interest coverage
53.84▼
2024 · 104.66
Debt ≤ 1 year
€20,753▲
2024 · €20,069
Income taxes
€21,221▼
2024 · €23,193
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €926 | €0 | €22 | €341 | €699 | ▲ 105% |
| Other operating charges640/8 | €1,790 | €804 | €774 | €740 | €563 | ▼ 23.9% |
| Non-recurring operating charges66A | - | - | - | €3,981 | €0 | ▼ 100% |
| Gross operating margin9900 | €51,488 | €61,350 | €70,193 | €111,520 | €102,527 | ▼ 8.1% |
| Operating profit (loss)9901 | €48,773 | €60,546 | €69,397 | €106,458 | €101,265 | ▼ 4.9% |
| Financial income75/76B | €75 | €0 | €127 | €1,549 | €3,067 | ▲ 98.1% |
| Recurring financial income75 | €75 | €0 | €127 | €1,549 | €3,067 | ▲ 98.1% |
| Financial charges65/66B | €290 | €937 | €815 | €1,020 | €1,894 | ▲ 85.6% |
| Recurring financial charges65 | €290 | €937 | €815 | €1,020 | €1,894 | ▲ 85.6% |
| Profit (loss) for the period before taxes9903 | €48,558 | €59,610 | €68,709 | €106,986 | €102,439 | ▼ 4.3% |
| Income taxes67/77 | €11,185 | €13,278 | €13,941 | €23,193 | €21,221 | ▼ 8.5% |
| Profit (loss) for the period9904 | €37,373 | €46,332 | €54,768 | €83,793 | €81,218 | ▼ 3.1% |
| Profit (loss) for the period to be appropriated9905 | €37,373 | €46,332 | €54,768 | €83,793 | €81,218 | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,375 | €95,697 | €158,092 | €244,834 | €121,442 | ▼ 50.4% |
| Fixed assets21/28 | - | - | €306 | €12,625 | €12,703 | ▲ 0.6% |
| Tangible fixed assets22/27 | - | - | €306 | €2,625 | €2,703 | ▲ 3.0% |
| Plant, machinery and equipment23 | - | - | - | €1,141 | €872 | ▼ 23.6% |
| Furniture and vehicles24 | - | - | €306 | €1,484 | €1,832 | ▲ 23.4% |
| Financial fixed assets28 | - | - | - | €10,000 | €10,000 | = |
| Current assets29/58 | €53,375 | €95,697 | €157,786 | €232,210 | €108,739 | ▼ 53.2% |
| Amounts receivable after more than one year29 | - | - | - | €50,000 | €50,000 | = |
| Other amounts receivable291 | - | - | - | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €10,227 | €12,861 | €27,197 | €29,094 | €36,236 | ▲ 24.5% |
| Trade receivables40 | €10,227 | €12,861 | €26,451 | €23,002 | €18,484 | ▼ 19.6% |
| Other amounts receivable41 | - | - | €746 | €6,093 | €17,752 | ▲ 191% |
| Current investments50/53 | - | - | - | - | €7,000 | - |
| Cash at bank and in hand54/58 | €43,148 | €82,836 | €129,378 | €152,706 | €13,734 | ▼ 91.0% |
| Deferred charges and accrued income490/1 | - | - | €1,212 | €409 | €1,768 | ▲ 332% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,375 | €95,697 | €158,092 | €244,834 | €121,442 | ▼ 50.4% |
| Equity10/15 | €39,873 | €86,204 | €140,973 | €224,765 | €100,689 | ▼ 55.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €37,373 | €83,704 | €138,473 | €222,265 | €98,189 | ▼ 55.8% |
| Amounts payable17/49 | €13,502 | €9,493 | €17,120 | €20,069 | €20,753 | ▲ 3.4% |
| Amounts payable within one year42/48 | €13,502 | €9,493 | €17,120 | €20,069 | €20,753 | ▲ 3.4% |
| Trade debts44 | €1,972 | €550 | €3,280 | €1,516 | €2,613 | ▲ 72.3% |
| Suppliers440/4 | €1,972 | €550 | €3,280 | €1,516 | €2,613 | ▲ 72.3% |
| Advances received on contracts in progress46 | €468 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €10,350 | €8,927 | €13,840 | €18,553 | €18,140 | ▼ 2.2% |
| Taxes450/3 | €10,350 | €8,927 | €13,840 | €18,553 | €18,140 | ▼ 2.2% |
| Other amounts payable47/48 | €713 | €16 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,373 | €46,332 | €54,768 | €83,793 | €81,218 | ▼ 3.1% |
| + Depreciation and write-downs630 | €926 | €0 | €22 | €341 | €699 | ▲ 105% |
| Operating cash flow (approximation) | €38,299 | €46,332 | €54,790 | €84,134 | €81,916 | ▼ 2.6% |
| Investment in fixed assets (approximation) | - | - | - | -€12,660 | -€778 | ▲ 93.9% |
| Change in cash | - | €39,688 | €46,542 | €23,328 | -€138,972 | ▼ 696% |
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
2026
15-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Registered-office move, Pieter Breughelstraat 14, 1850 Grimbergen
- Board meeting, 01-09-2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €83,793 ▲53%
Operating result €106,458, net result €83,793, both a record.
31-12
Financial
Equity above €200,000Eq €224,765 ▲59.4%
4 profitable years in a row build equity to €224,765.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €140,973 ▲63.5%
3 profitable years in a row build equity to €140,973.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 10.08
Current ratio from 3.95 to 10.08; short-term debt falls from €13,502 to €9,493.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2020
Ground area
2,927 m²
Building footprint
451 m²
Volume, LiDAR
2,017 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Triohofstraat 53, 1850 Grimbergen
since 20202.310.701.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403G0249/00P000indicative | Flanders | 2,429 m² | 1 · 326 m² | 8.1 m · 1 fl. |
| 23402E0042/00F000 | Flanders | 498 m² | 1 · 125 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,621 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
Founded15-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759792288
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.