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STHR

Active
Private limited companyfounded 2024active for 1 yearChaussée de Charleroi,Gd-M. 8B, 5030 Gembloux, Belgium10 active companies are registered at this addressKBO/BCE: BE 1018.071.913
Summary

STHR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,183 and a net result of €60,734. Its solvency ranks better than 70% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453844.

Equity
€62,183▲ 43×
2024 · €1,450
Total assets
€83,783▲ 28×
2024 · €2,979
Net result
€60,734▲ 64×
2024 · €950
Working capital
€60,372▲ 42×
2024 · €1,450
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 60 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€76,002 2025 Net result€60,734 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€1,266-€76,002▲ 60×
Net result€950below the sector's middle half-€60,734within the sector's middle half▲ 64×
Equity€1,450below the sector's middle half-€62,183within the sector's middle half▲ 43×
Total assets€2,979below the sector's middle half-€83,783within the sector's middle half▲ 28×
Debt€1,530-€21,599▲ 14×
Working capital€1,450within the sector's middle half-€60,372within the sector's middle half▲ 42×
Solvency74.2%within the sector's middle half
Current ratio3.80within the sector's middle half
Return on assets (ROA)72.5%above the sector's middle half
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83,783
Fixed assets €1,812
Current assets €81,971
Equity and liabilities €83,783
Equity €62,183 ▲ 43×
Debt €21,599 ▲ 14×
Debt's share of the balance-sheet total falls from 51.3% to 25.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€76,131▲
2024 · €2,479
Cash flow
€60,863▲
2024 · €2,163
Debt to equity
0.35
ROE
97.7%
Debt ≤ 1 year
€21,599▲
2024 · €1,530
Income taxes
€15,274▲
2024 · €317
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,979€83,783▲
Formation expenses20€0-
Fixed assets21/28-€1,812
Tangible fixed assets22/27-€1,812
Furniture and vehicles24-€1,812
Current assets29/58€2,979€81,971▲
Amounts receivable within one year40/41€2,479€20,000▲
Trade receivables40€2,479€20,000▲
Current investments50/53-€55,000
Cash at bank and in hand54/58€500€6,971▲
Equity and liabilities
Total equity and liabilities10/49€2,979€83,783▲
Equity10/15€1,450€62,183▲
Contributions10/11€500€500=
Profit (loss) carried forward14€950€61,683▲
Amounts payable17/49€1,530€21,599▲
Amounts payable within one year42/48€1,530€21,599▲
Trade debts44€1,213-
Suppliers440/4€1,213-
Taxes, remuneration and social security45€317€20,935▲
Taxes450/3€317€20,935▲
Other amounts payable47/48-€664
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,213€129▼
Gross operating margin9900€2,479€76,131▲
Operating profit (loss)9901€1,266€76,002▲
Financial income75/76B-€6
Recurring financial income75-€6
Profit (loss) for the period before taxes9903€1,266€76,008▲
Income taxes67/77€317€15,274▲
Profit (loss) for the period9904€950€60,734▲
Profit (loss) for the period to be appropriated9905€950€60,734▲
Appropriation of the result
Profit (loss) to be appropriated9906€950€61,683▲
Profit (loss) brought forward from the previous period14P-€950

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,213€129▼ 89.3%
Gross operating margin9900€2,479€76,131▲ 31×
Operating profit (loss)9901€1,266€76,002▲ 60×
Financial income75/76B-€6-
Recurring financial income75-€6-
Profit (loss) for the period before taxes9903€1,266€76,008▲ 60×
Income taxes67/77€317€15,274▲ 48×
Profit (loss) for the period9904€950€60,734▲ 64×
Profit (loss) for the period to be appropriated9905€950€60,734▲ 64×
Line20242025Change
Assets
Total assets20/58€2,979€83,783▲ 28×
Formation expenses20€0--
Fixed assets21/28-€1,812-
Tangible fixed assets22/27-€1,812-
Furniture and vehicles24-€1,812-
Current assets29/58€2,979€81,971▲ 28×
Amounts receivable within one year40/41€2,479€20,000▲ 707%
Trade receivables40€2,479€20,000▲ 707%
Current investments50/53-€55,000-
Cash at bank and in hand54/58€500€6,971▲ 14×
Equity and liabilities
Total equity and liabilities10/49€2,979€83,783▲ 28×
Equity10/15€1,450€62,183▲ 43×
Contributions10/11€500€500=
Profit (loss) carried forward14€950€61,683▲ 65×
Amounts payable17/49€1,530€21,599▲ 14×
Amounts payable within one year42/48€1,530€21,599▲ 14×
Trade debts44€1,213--
Suppliers440/4€1,213--
Taxes, remuneration and social security45€317€20,935▲ 66×
Taxes450/3€317€20,935▲ 66×
Other amounts payable47/48-€664-
Line20242025Change
Profit (loss) for the period9904€950€60,734▲ 64×
+ Depreciation and write-downs630€1,213€129▼ 89.3%
Operating cash flow (approximation)€2,163€60,863▲ 28×
Change in cash-€6,471-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 30-08-2026 2026-00453844
31-12-2024 micro format 29-08-2025 2025-00460974

Similar companies · same sector, comparable size

Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,254. 40,461 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.