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STIELMANS COMPANY

Active
Private limited companyfounded 2023active for 3 yearsMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0804.995.080
Summary

The computed 12-month bankruptcy probability of STIELMANS COMPANY is 16.5% (high). The 2024 annual accounts show equity of €28,335 and a net result of €26,335. Its solvency ranks better than 30% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 22-08-2023 Normal situation
Registered office
109 active companies are registered at this address 24 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Other specialised construction activities NACE 43990and 5 others
Establishment unit
2.348.710.191 1853 Grimbergen, since 22-08-2023
Financial year end
31 December
Peppol
Reachable since 13-01-2026

Board and ownership

Board

Financial position

17 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
16.5%
Annual accounts 2024
Gross margin
€40,831
Turnover
≈ €360,000
estimated
Profit
€26,335
Equity
€28,335
Total assets
€99,764
Staff
≈ 0.1 FTE
estimated
  • 2024 accounts filed 31 days after the deadline
Filed on 31-08-2025
Score breakdownraises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBOFigures for financial year 2024 (filed on 31-08-2025)Founded in 2023Show the evidence

Checked score

Score 2024
17 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Financial strength
Average
Solvency 53
equity 28.4% of total assets
Liquidity 12
short-term debt 71.6% · cash 0.7%
Profitability 100
return on assets 26.4%
Bankruptcy probability within 12 months
16.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 4.3%lowest value 01-2025: 4.5%▲ +0.2 percentage points vs 12-2024 02-2025: 5.0%▲ +0.5 percentage points vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 5.2%▲ +0.2 percentage points vs 03-2025 05-2025: 5.1%▼ -0.1 percentage points vs 04-2025 06-2025: 5.1%● unchanged vs 05-2025 07-2025: 5.5%▲ +0.4 percentage points vs 06-2025 08-2025: 5.6%▲ +0.1 percentage points vs 07-2025 09-2025: 4.3%▼ -1.3 percentage points vs 08-2025 10-2025: 7.9%▲ +3.6 percentage points vs 09-2025 11-2025: 7.9%● unchanged vs 10-2025 12-2025: 6.0%▼ -1.9 percentage points vs 11-2025 01-2026: 5.9%▼ -0.1 percentage points vs 12-2025 02-2026: 5.9%● unchanged vs 01-2026 03-2026: 7.8%▲ +1.9 percentage points vs 02-2026 04-2026: 9.0%▲ +1.2 percentage points vs 03-2026 05-2026: 10.1%▲ +1.1 percentage points vs 04-2026 06-2026: 10.3%▲ +0.2 percentage points vs 05-2026 07-2026: 10.3%● unchanged vs 06-2026 08-2026: 11.4%▲ +1.1 percentage points vs 07-2026 09-2026: 11.7%▲ +0.3 percentage points vs 08-2026 10-2026: 16.4%▲ +4.7 percentage points vs 09-2026 11-2026: 16.5%▲ +0.1 percentage points vs 10-2026highest value
No credit on open account
Liquidity is tight, with a current ratio of 1.22, below the usual 1.5. Short-term debt is 71.6% and cash 0.7% of total assets. 71.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 30% of them on solvency, 7% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Figures for financial year 2024 (filed on 31-08-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Recent changes

  1. · Gazette deed Company renamed from FLASHGROUP to STIELMANS COMPANYRegistered office moved from Sint-Pieters-Leeuw to grimbergen
  2. · KBO administration Address struck
  3. · Gazette deed Registered office moved within Sint-Pieters-Leeuw
All 5 events

Comparable companies

These companies have the same main activity as STIELMANS COMPANY: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €83,500 and €120,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
STIELMANS COMPANY Grimbergen€99,764€40,831
MJK SERVICES Linkebeek€91,434€38,774
ELISEI Sint-Pieters-Leeuw€114,041€39,685
L&J Qualité Overijse€119,641€42,422
VIM BETON CONSTRUCT Sint-Pieters-Leeuw€100,688€50,453
LORDMAX Dilbeek€83,508€43,267
STRUCTURE PLATRE Steenokkerzeel€94,676€46,417
Full comparison

Key facts about STIELMANS COMPANY

What is the company number of STIELMANS COMPANY?
The company number of STIELMANS COMPANY is 0804.995.080. The VAT number is the same number with BE in front: BE 0804.995.080.
Where is STIELMANS COMPANY based?
The registered office is at Mutsaardplein 2, 1853 Grimbergen.Company details
What does STIELMANS COMPANY do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of STIELMANS COMPANY?
The legal form of STIELMANS COMPANY is Private limited company (BV).
When was STIELMANS COMPANY founded?
STIELMANS COMPANY was founded on 22-08-2023.
Is STIELMANS COMPANY still active?
Yes, STIELMANS COMPANY is an active enterprise in the KBO register.
What is the turnover of STIELMANS COMPANY?
The turnover in financial year 2024 is ≈ €360,000. This figure is estimated from the gross margin of €40,831 and 92 comparable companies (NACE 43990). It probably lies between €240,000 and €630,000.Financials
Is STIELMANS COMPANY profitable?
In financial year 2024, STIELMANS COMPANY made a profit of €26,335.
Where can I find the annual accounts of STIELMANS COMPANY?
STIELMANS COMPANY filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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