Stibegro
ActiveStibegro has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €12k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
79
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-61
Solvency83▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.14 in 2024), but 61% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
39%
Return on assets
3.1%
Age of the figures
8 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
37 d early
2023
6 d early
2022
16 d late
2021
45 d late
2020
5 d early
2019
27 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▲ 7.2%
2024 · €138k
2019: €-20k
2020: €103k
2021: €134k
2022: €115k
2023: €91k
2024: €138k
2019 → 2025
Total assets
€378k▲ 17.5%
2024 · €322k
2019: €270k
2020: €383k
2021: €415k
2022: €407k
2023: €399k
2024: €322k
2019 → 2025
Net result
€12k▼ 75.5%
2024 · €47k
2019: €-39k
2020: €124k
2021: €30k
2022: €-19k
2023: €-23k
2024: €47k
2019 → 2025
Working capital
€144k▲ 39.0%
2024 · €103k
2019: €-12k
2020: €83k
2021: €146k
2022: €116k
2023: €141k
2024: €103k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€134k-€115k▼ 14.2%€91k▼ 20.2%€138k▲ 50.6%€148k▲ 7.2%
Operating result€50k-€-10k€-12k▼ 18.9%€61k€27k▼ 56.4%
Net result€30k-€-19k€-23k▼ 21.9%€47k€12k▼ 75.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378k
Fixed assets
€105k▼ 17.9%
Current assets
€273k▲ 40.9%
Equity and liabilities €378k
Equity
€148k▲ 7.2%
Debt
€231k▲ 25.2%
The debt ratio rises from 57.2% to 61.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€70k▼
2024 · €117k
Cash flow
€55k▼
2024 · €103k
Solvency
39.0%▼
2024 · 42.8%
Current ratio
2.11▼
2024 · 2.14
Quick ratio
1.96▼
2024 · 1.97
Debt / equity
1.56▲
2024 · 1.34
ROE
7.8%▼
2024 · 34.2%
ROA
3.1%▼
2024 · 14.6%
Interest coverage
7.54▼
2024 · 13.00
Debt
€231k▲
2024 · €184k
Debt ≤ 1 year
€129k▲
2024 · €90k
Debt > 1 year
€98k▲
2024 · €94k
Income taxes
€6k▲
2024 · €5k
Staff costs
€74k▼
2024 · €94k
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€322k€378k▲
Fixed assets21/28€128k€105k▼
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€128k€105k▼
Land and buildings22€25k€0▼
Plant, machinery and equipment23€31k€19k▼
Furniture and vehicles24€64k€53k▼
Leasing and similar rights25€8k€5k▼
Other tangible fixed assets26-€29k
Current assets29/58€194k€273k▲
Stocks and contracts in progress3€16k€20k▲
Stocks30/36€16k€20k▲
Amounts receivable within one year40/41€177k€163k▼
Trade receivables40€177k€72k▼
Other amounts receivable41€19€91k▲
Cash at bank and in hand54/58-€80k
Deferred charges and accrued income490/1€1k€10k▲
Equity and liabilities
Total equity and liabilities10/49€322k€378k▲
Equity10/15€138k€148k▲
Contributions10/11€19k€19k=
Reserves13€115k€127k▲
Distributable reserves133€115k€127k▲
Profit (loss) carried forward14€4k€2k▼
Amounts payable17/49€184k€231k▲
Amounts payable after more than one year17€94k€98k▲
Financial debts170/4€94k€98k▲
Amounts payable within one year42/48€90k€129k▲
Current portion of amounts payable after more than one year42€44k€52k▲
Trade debts44€24k€25k▲
Suppliers440/4€24k€25k▲
Taxes, remuneration and social security45€20k€51k▲
Taxes450/3€16k€44k▲
Remuneration and social security454/9€3k€7k▲
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3€375€3k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€94k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€43k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€16k
Gross operating margin9900€213k€164k▼
Operating profit (loss)9901€61k€27k▼
Financial income75/76B€28€33▲
Recurring financial income75€28€33▲
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€52k€17k▼
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€47k€12k▼
Profit (loss) for the period to be appropriated9905€47k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€16k▲
Profit (loss) brought forward from the previous period14P€-42k€4k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
Profit to be distributed694/7€833€2k▲
Return on contributions (dividend)694€833€2k▲
Social balance
Average headcount (FTE)90871.6-
The notes to these accounts (11 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €138k ▲50.6%
Equity rises from €91k to €138k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €124k
Net result €124k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.89 to 1.81; short-term debt falls from €112k to €103k.
31-12
Financial
Equity above €100kEq €103k
Equity rises from €-20k to €103k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB 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, Diksmuide · 1 establishment unit since 2018
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.
Esenweg 1448600 DiksmuideGround area
1,944 m²
Building footprint
360 m²
Volume, LiDAR
1,579 m³
Parcel 32472A0261/00W003, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Stibegro
since 20182.278.262.556
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32472A0261/00W003 | Flanders | 1,944 m² | 1 · 360 m² | 8.8 m · 1 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.
Similar companies · same sector, comparable size
CELI ROBBY
BE 0787.799.257
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VVE
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MICHAEL GRENIER SERVICES
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ACTUM BUILDING SERVICE
BE 0833.161.704
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BESTRATINGEN HABRAKEN
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Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 2,619 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
81300Landscape service activities
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.