STIELMANS COMPANY

Active

Private limited companyfounded 2023active for 3 yearsMutsaardplein 2, 1853 Grimbergen, Belgium116 active companies are registered at this addressKBO/BCE: BE 0804.995.080

Summary

The computed 12-month bankruptcy probability of STIELMANS COMPANY is 16.4% (high). The 2024 annual accounts show equity of €28,335 and a net result of €26,335. Its solvency ranks better than 30% of 35,974 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 (see administrative flags).

Risk analysisFollow Report Compare

STIELMANS COMPANYActiveChecked score 17/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990

1 site

Size

≈ €350,000turnover 2024, estimated

Staff: ≈ 0.1 FTE, estimated
Equity: €28,335
Profit: €26,335

Turnover estimated from the gross margin

Financial health

17 Critical Checked score 2024

Bankruptcy probabilitywithin 12 months: 16.4%

Structure

BENADEN RedouaneDirector

2024 accounts filed 31 days late

Why 17raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 31-08-2025)Ex-officio strike-off in the KBO1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2024

17 / 100

Critical

Probability in this band: over 15.0%

Financially better than 43% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

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, 12 months

16.4% 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% (47,658 companies, NACE 43, micro)

Last 24 months 11-2024: 4.0%lowest value 12-2024: 4.3%▲ +0.3 percentage points vs 11-2024 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 09-2026highest value

No credit on open account

Liquidity tight (current ratio 1.22, below the usual 1.5; short-term debt: 71.6% and cash: 0.7% of total assets), and 71.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 30% on solvency, 7% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises risk

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 31-08-2025)

NBB · annual accounts

Ex-officio strike-off in the KBO

KBO publications

1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

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

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

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

09-02-2026 Registered office · Amendment of the…Name change · Registered-office move…
29-09-2025 Address struckKBO administration
31-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

One director decidessole director in office 1 View
Total assets 2024first financial year filed €99,764 View
Active since 2023founded 22-08-2023 3 years View

By topic

Financials

Financial year: 2024
Total assets: €99,764
Profit: €26,335
Solvency: 28.4%

Go to Financials

Board & ownership

Board: 1 member

BENADEN RedouaneDirector

Go to Board & ownership

Timeline

Events: 5
Since: 2023

29-11-2023Registered office
24-08-2023Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other specialised construction activitiesNACE 43990
Founded: 22-08-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 36

Who signs: All directors jointly
Annual meeting: Last Friday of May at 18:00
Purpose: “Alle professionele activiteiten in verband met elektriciteit,evenals het…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about STIELMANS COMPANY

What is the company number of STIELMANS COMPANY?: 0804.995.080. In Belgium the VAT number is the company 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?: Private limited company (BV).
When was STIELMANS COMPANY 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?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.