Summary
STIBRIMMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5,905 and a net result of €32,321. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9,728 sector peers (NACE 64, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€5,905
2024 · -€26,416
Net result
€32,321
2024 · -€7,231
Total assets
€816,751▲ 12.4%
2024 · €726,443
Solvency
0.7%▲ 4.4pp
2024 · -3.6%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is over 48 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.04m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.8m
2025
Equity€0.006m
2025
Debt€0.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.007m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency0.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.08
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.03m-€0.1m▲ 282%€0.009m▼ 92.1%-€0.01m€0.02m€0.001m▼ 94.7%€0.04m▲ 48×
Net result€0.01m-€0.08mabove the sector's middle half▲ 456%€385below the sector's middle half▼ 99.5%-€0.02mbelow the sector's middle half€0.009mwithin the sector's middle half-€0.007mbelow the sector's middle half€0.03mwithin the sector's middle half
Equity-€0.09m--€0.01mbelow the sector's middle half▲ 88.7%-€0.01mbelow the sector's middle half▲ 3.7%-€0.03mbelow the sector's middle half▼ 185%-€0.02mbelow the sector's middle half▲ 32.5%-€0.03mbelow the sector's middle half▼ 37.7%€0.006mbelow the sector's middle half
Total assets€0.9m-€0.7mwithin the sector's middle half▼ 21.4%€0.8mwithin the sector's middle half▲ 5.2%€0.8mwithin the sector's middle half▼ 2.0%€0.7mwithin the sector's middle half▼ 1.5%€0.7mwithin the sector's middle half▼ 2.8%€0.8mwithin the sector's middle half▲ 12.4%
Debt€1.0m-€0.7m▼ 27.4%€0.8m▲ 5.1%€0.8m▲ 0.4%€0.8m▼ 2.6%€0.8m▼ 1.8%€0.8m▲ 7.7%
Working capital-€0.3m--€0.2mbelow the sector's middle half▲ 41.5%-€0.2mbelow the sector's middle half▼ 49.6%-€0.4mbelow the sector's middle half▼ 43.3%-€0.07mbelow the sector's middle half▲ 81.1%-€0.07mbelow the sector's middle half▼ 5.7%€0.007mwithin the sector's middle half
Solvency-9.8%--1.4%below the sector's middle half▲ 8.4pp-1.3%below the sector's middle half▲ 0.1pp-3.7%below the sector's middle half▼ 2.5pp-2.6%below the sector's middle half▲ 1.2pp-3.6%below the sector's middle half▼ 1.1pp0.7%below the sector's middle half▲ 4.4pp
Current ratio0.07-0.48below the sector's middle half▲ 0.410.15below the sector's middle half▼ 0.330.00below the sector's middle half▼ 0.150.17below the sector's middle half▲ 0.170.09below the sector's middle half▼ 0.081.08within the sector's middle half▲ 0.99
Return on assets (ROA)1.6%-11.1%within the sector's middle half▲ 9.5pp0.0%below the sector's middle half▼ 11.0pp-2.4%below the sector's middle half▼ 2.5pp1.2%within the sector's middle half▲ 3.7pp-1.0%below the sector's middle half▼ 2.2pp4.0%within the sector's middle half▲ 5.0pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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 €816,751
Fixed assets
€725,888 ▲ 0.9%
Current assets
€90,862 ▲ 13×
Equity and liabilities €816,751
Equity
€5,905
Debt
€810,845
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
ROE
547.3%
Debt ≤ 1 year
€84,004▲
2024 · €78,461
Debt > 1 year
€726,842▲
2024 · €674,397
Income taxes
€4,431
A ratio outside any meaningful range has been withheld (balance sheet total €816,751, equity €5,905).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,499 | €15,063 | €31,770 | €21,984 | €24,056 | €24,492 | €24,600 | ▲ 0.4% |
| Other operating charges640/8 | - | - | - | €1,738 | €2,998 | €3,320 | €3,393 | ▲ 2.2% |
| Gross operating margin9900 | €53,162 | €127,280 | €45,462 | €13,872 | €44,293 | €28,733 | €72,579 | ▲ 153% |
| Operating profit (loss)9901 | €28,941 | €110,562 | €8,738 | -€9,850 | €17,239 | €921 | €44,586 | ▲ 48× |
| Financial income75/76B | - | - | - | - | - | €363 | €1 | ▼ 99.8% |
| Recurring financial income75 | €42 | €2,009 | - | - | - | €363 | €1 | ▼ 99.8% |
| Financial charges65/66B | - | - | - | €8,595 | €7,991 | €8,515 | €7,834 | ▼ 8.0% |
| Recurring financial charges65 | €14,362 | €14,130 | €8,248 | €8,595 | €7,991 | €8,515 | €7,834 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | €14,622 | €98,442 | €490 | -€18,445 | €9,249 | -€7,231 | €36,752 | - |
| Income taxes67/77 | - | €17,125 | €105 | - | - | - | €4,431 | - |
| Profit (loss) for the period9904 | €14,622 | €81,317 | €385 | -€18,445 | €9,249 | -€7,231 | €32,321 | - |
| Profit (loss) for the period to be appropriated9905 | €14,622 | €81,317 | €385 | -€18,445 | €9,249 | -€7,231 | €32,321 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.9m | €0.7m | €0.8m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 12.4% |
| Fixed assets21/28 | €0.9m | €0.6m | €0.7m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 0.9% |
| Tangible fixed assets22/27 | €0.9m | €0.6m | €0.7m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 0.9% |
| Land and buildings22 | - | - | - | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 0.9% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €265 | €177 | ▼ 33.3% |
| Current assets29/58 | €0.02m | €0.2m | €0.04m | €0.001m | €0.01m | €0.007m | €0.09m | ▲ 13× |
| Amounts receivable within one year40/41 | €0.002m | €0.02m | €0.02m | €328 | €0.007m | €0.003m | €0.004m | ▲ 31.9% |
| Trade receivables40 | - | - | - | €276 | €0.002m | €0.003m | €167 | ▼ 93.7% |
| Other amounts receivable41 | - | - | - | €52 | €0.005m | €64 | €0.003m | ▲ 54× |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.02m | €202 | €0.006m | €0.004m | €0.09m | ▲ 23× |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 85.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.9m | €0.7m | €0.8m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 12.4% |
| Equity10/15 | -€0.09m | -€0.01m | -€0.01m | -€0.03m | -€0.02m | -€0.03m | €0.006m | - |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.009m | €0.009m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.05m | -€0.05m | -€0.07m | -€0.06m | -€0.07m | -€0.04m | ▲ 47.3% |
| Amounts payable17/49 | €1.0m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▲ 7.7% |
| Amounts payable after more than one year17 | €0.7m | €0.4m | €0.5m | €0.4m | €0.7m | €0.7m | €0.7m | ▲ 7.8% |
| Financial debts170/4 | - | - | - | €0.4m | €0.7m | €0.7m | €0.7m | ▲ 7.8% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.4m | €0.08m | €0.08m | €0.08m | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.05m | €0.07m | ▲ 30.4% |
| Financial debts43 | - | - | - | €0.001m | €0.004m | €0.006m | - | - |
| Credit institutions430/8 | - | - | - | €0.001m | €0.004m | €0.006m | - | - |
| Trade debts44 | €0.01m | €0.004m | €0.002m | €0.003m | €0.001m | €0.003m | €0.001m | ▼ 40.9% |
| Suppliers440/4 | - | - | - | €0.003m | €0.001m | €0.003m | €0.001m | ▼ 40.9% |
| Advances received on contracts in progress46 | - | - | - | - | €0.01m | €0.01m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.007m | €0.004m | €0.01m | ▲ 276% |
| Taxes450/3 | - | - | - | €0.001m | €0.007m | €0.004m | €0.01m | ▲ 276% |
| Other amounts payable47/48 | - | - | - | €0.3m | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,622 | €81,317 | €385 | -€18,445 | €9,249 | -€7,231 | €32,321 | - |
| + Depreciation and write-downs630 | €20,499 | €15,063 | €31,770 | €21,984 | €24,056 | €24,492 | €24,600 | ▲ 0.4% |
| Operating cash flow (approximation) | €35,120 | €96,380 | €32,155 | €3,539 | €33,305 | €17,261 | €56,922 | ▲ 230% |
| Investment in fixed assets (approximation) | - | €315,662 | -€178,076 | -€49,725 | €0 | -€10,203 | -€31,136 | ▼ 205% |
| Change in cash | - | €111,509 | -€108,931 | -€21,903 | €5,864 | -€2,339 | €82,360 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00019063 |
| 30-06-2024 | micro format | 24-01-2025 | 2025-00012774 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00021442 |
| 30-06-2022 | micro format | 20-01-2023 | 2023-00002070 |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02600285 |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03600038 |
| 30-06-2019 | micro format | 14-01-2020 | 2020-01200258 |
| 30-06-2018 | micro format | 30-11-2018 | 2018-73400395 |
| 30-06-2017 | micro format | 17-01-2018 | 2018-01700169 |
| 30-06-2016 | abbreviated format | 07-02-2017 | 2017-04100171 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.