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STI LOGISTICS

Active
Private limited companyfounded 20206 yrs activeDr Charles Leemansstraat 29, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0751.787.216
Summary

The computed 12-month bankruptcy probability of STI LOGISTICS is 12.4% (high). The 2024 annual accounts show negative equity (-€2,103) and a net result of -€2,364. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-53
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
12.4% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€2,103
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
88 d late
2023
14 d late
2022
210 d late
2021
278 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 148 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 August 2020, STI LOGISTICS was incorporated as a Private limited company.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,364▼ 1,044%
2023 · -€207
Working capital
-€2,103
2023 · €261
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result-€4,542-€249▲ 94.5%-€2,344▼ 841%
Net result-€20--€4,512▼ 22,128%-€207▲ 95.4%-€2,364▼ 1,044%
Equity-€20-€467€261▼ 44.2%-€2,103
Total assets€467€931▲ 99.1%€989▲ 6.2%
Debt€20-€670€3,091▲ 361%
Working capital€261-€2,103
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Net result 2021: -€20-€20Operating result 2022: -€4,542-€4,542Net result 2022: -€4,512-€4,512Operating result 2023: -€249-€249Net result 2023: -€207-€207Operating result 2024: -€2,344-€2,344Net result 2024: -€2,364-€2,3642021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€4,542-€4,540Net result 2022: -€4,512-€4,510Operating result 2023: -€249-€249Net result 2023: -€207-€207Operating result 2024: -€2,344-€2,340Net result 2024: -€2,364-€2,360202220232024
The operating result stays negative: a loss of €2,344 in 2024 against €249 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€3,091▲
2023 · €670
Ratios withheld: a balance sheet total of €989 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 6,035 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 · 2024 against 2023 · 26 lines
Balance sheet Code20232024
Assets
Total assets20/58€931€989▲
Current assets29/58€931€989▲
Amounts receivable within one year40/41€923€981▲
Other amounts receivable41€923€981▲
Cash at bank and in hand54/58€8€8=
Equity and liabilities
Total equity and liabilities10/49€931€989▲
Equity10/15€261-€2,103▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€4,739-€7,103▼
Amounts payable17/49€670€3,091▲
Amounts payable within one year42/48€670€3,091▲
Trade debts44-€861
Suppliers440/4-€861
Other amounts payable47/48€670€2,230▲
Income statement Code20232024
Other operating charges640/8-€1,300
Gross operating margin9900-€249-€1,044▼
Operating profit (loss)9901-€249-€2,344▼
Financial income75/76B€42€58▲
Recurring financial income75€42€58▲
Financial charges65/66B-€78
Recurring financial charges65-€78
Profit (loss) for the period before taxes9903-€207-€2,364▼
Profit (loss) for the period9904-€207-€2,364▼
Profit (loss) for the period to be appropriated9905-€207-€2,364▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,739-€7,103▼
Profit (loss) brought forward from the previous period14P-€4,533-€4,739▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Other operating charges640/8---€1,300-
Gross operating margin9900--€4,542-€249-€1,044▼ 319%
Operating profit (loss)9901--€4,542-€249-€2,344▼ 841%
Financial income75/76B-€44€42€58▲ 36.3%
Recurring financial income75-€44€42€58▲ 36.3%
Financial charges65/66B€20€14-€78-
Recurring financial charges65€20€14-€78-
Profit (loss) for the period before taxes9903-€20-€4,512-€207-€2,364▼ 1,044%
Profit (loss) for the period9904-€20-€4,512-€207-€2,364▼ 1,044%
Profit (loss) for the period to be appropriated9905-€20-€4,512-€207-€2,364▼ 1,044%
Line2021202220232024Change
Assets
Total assets20/58-€467€931€989▲ 6.2%
Current assets29/58-€467€931€989▲ 6.2%
Amounts receivable within one year40/41-€431€923€981▲ 6.2%
Other amounts receivable41-€431€923€981▲ 6.2%
Cash at bank and in hand54/58-€36€8€8=
Equity and liabilities
Total equity and liabilities10/49-€467€931€989▲ 6.2%
Equity10/15-€20€467€261-€2,103▼ 906%
Contributions10/11-€5,000€5,000€5,000=
Profit (loss) carried forward14-€20-€4,533-€4,739-€7,103▼ 49.9%
Amounts payable17/49€20-€670€3,091▲ 361%
Amounts payable within one year42/48€20-€670€3,091▲ 361%
Financial debts43€20----
Credit institutions430/8€20----
Trade debts44---€861-
Suppliers440/4---€861-
Other amounts payable47/48--€670€2,230▲ 233%
Line2021202220232024Change
Profit (loss) for the period9904-€20-€4,512-€207-€2,364▼ 1,044%
Operating cash flow (approximation)-€20-€4,512-€207-€2,364▼ 1,044%
Change in cash---€28€0▲ 100%

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

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Timeline · acts, filings and financial milestones

2025
27-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 88 days late
2024
14-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 14 days late
26-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 210 days late
2023
05-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 278 days late
2022
31-12
Financial Weakest financial yearnet -€4,512
Net result drops to -€4,512, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2020
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.

Dr Charles Leemansstraat 291082 Sint-Agatha-Berchem
1 establishment unit
STI LOGISTICS
Dr Charles Leemansstraat 29, 1082 Sint-Agatha-BerchemNACE 45113
since 20202.327.748.293

Identification & contact

Identification
Legal formPrivate limited company
Founded04-08-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.