STIERSCO
ActiveSTIERSCO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €38k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency38▼-8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 2.48 in 2024), and 76.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
23.6%
Return on assets
7.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 7689 sector peers (2025).
NBB · sector comparisonPosition among 7689 sector peers
Solvency
better than 25%
← weakest
strongest →
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 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 d early
2024
38 d early
2023
37 d early
2022
32 d early
2021
30 d late
2020
31 d early
2019
38 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€126k▲ 6.9%
2024 · €118k
2018: €43k
2019: €64k
2020: €85k
2021: €90k
2022: €96k
2023: €97k
2024: €118k
2018 → 2025
Total assets
€536k▼ 10.4%
2024 · €598k
2018: €233k
2019: €137k
2020: €278k
2021: €629k
2022: €739k
2023: €656k
2024: €598k
2018 → 2025
Net result
€38k▲ 79.0%
2024 · €21k
2018: €17k
2019: €15k
2020: €21k
2021: €6k
2022: €6k
2023: €416
2024: €21k
2018 → 2025
Working capital
€39k▼ 78.7%
2024 · €182k
2018: €86k
2019: €87k
2020: €-18k
2021: €79k
2022: €31k
2023: €237k
2024: €182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€96k▲ 6.4%€97k▲ 0.4%€118k▲ 22.1%€126k▲ 6.9%
Operating result€11k-€14k▲ 30.9%€17k▲ 20.4%€43k▲ 149%€71k▲ 66.9%
Net result€6k-€6k▼ 1.8%€416▼ 92.8%€21k▲ 5,038%€38k▲ 79.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 67% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536k
Fixed assets
€291k▼ 0.7%
Current assets
€245k▼ 19.7%
Equity and liabilities €536k
Equity
€126k▲ 6.9%
Debt
€409k▼ 14.7%
The debt ratio falls from 80.3% to 76.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€84k▲
2024 · €51k
Cash flow
€51k▲
2024 · €30k
Solvency
23.6%▲
2024 · 19.7%
Current ratio
1.19▼
2024 · 2.48
Quick ratio
0.39▼
2024 · 0.67
Debt / equity
3.24▼
2024 · 4.06
ROE
30.3%▲
2024 · 18.1%
ROA
7.1%▲
2024 · 3.6%
Interest coverage
4.55▲
2024 · 2.70
Debt
€409k▼
2024 · €480k
Debt ≤ 1 year
€206k▲
2024 · €123k
Debt > 1 year
€164k▼
2024 · €194k
Income taxes
€16k▲
2024 · €3k
Staff costs
€151k▼
2024 · €271k
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€598k€536k▼
Fixed assets21/28€293k€291k▼
Tangible fixed assets22/27€293k€291k▼
Land and buildings22€276k€276k=
Plant, machinery and equipment23€17k€15k▼
Current assets29/58€305k€245k▼
Stocks and contracts in progress3€223k€164k▼
Stocks30/36€175k€125k▼
Contracts in progress37€48k€39k▼
Amounts receivable within one year40/41€79k€81k▲
Trade receivables40€63k€80k▲
Other amounts receivable41€16k€194▼
Deferred charges and accrued income490/1€3k€120▼
Equity and liabilities
Total equity and liabilities10/49€598k€536k▼
Equity10/15€118k€126k▲
Contributions10/11€12k€12k=
Reserves13€106k€114k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€104k€112k▲
Amounts payable17/49€480k€409k▼
Amounts payable after more than one year17€194k€164k▼
Financial debts170/4€194k€164k▼
Amounts payable within one year42/48€123k€206k▲
Current portion of amounts payable after more than one year42€28k€30k▲
Trade debts44€79k€147k▲
Suppliers440/4€79k€147k▲
Taxes, remuneration and social security45€16k€29k▲
Taxes450/3€10k€22k▲
Remuneration and social security454/9€6k€7k▲
Accrued charges and deferred income492/3€163k€40k▼
Income statement
Code20242025
Remuneration, social security and pensions62€271k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€14k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€325k€252k▼
Operating profit (loss)9901€43k€71k▲
Financial income75/76B€459€2k▲
Recurring financial income75€459€2k▲
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€24k€54k▲
Income taxes67/77€3k€16k▲
Profit (loss) for the period9904€21k€38k▲
Profit (loss) for the period to be appropriated9905€21k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€38k▲
Transfer to equity691/2€21k€8k▼
To other reserves6921€21k€8k▼
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
Social balance
Average headcount (FTE)90874.82.8▼
The notes to these accounts (8 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
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €38k ▲79%
Operating result €71k, net result €38k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €118k ▲22.1%
7 profitable years in a row build equity to €118k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €416 ▼92.8%
Net result drops to €416, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 2.80
Current ratio from 1.07 to 2.80; short-term debt falls from €427k to €132k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lubbeek · 1 establishment unit since 2014
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.
Schubbeek(LUB) 193210 LubbeekGround area
422 m²
Building footprint
81 m²
Volume, LiDAR
467 m³
Parcel 24066A0148/00E006, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schubbeek(LUB) 19, 3210 Lubbeek
since 20142.227.722.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066A0148/00E006 | Flanders | 422 m² | 1 · 81 m² | 7.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 261 EUR awarded · 261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 75 EUR | 75 EUR |
| 2023 | 1 | 75 EUR | 75 EUR |
| 2022 | 1 | 111 EUR | 111 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
MALOK
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DEBRY C.
BE 0645.684.260
Mettet · Eq €126k
Van Mooter Construction
BE 0810.034.924
Soignies · Eq €126k
BLUE ENERGY
BE 0807.027.924
Viroinval · Eq €126k
Algemene bouwonderneming Lucker Jan
BE 0459.679.832
Brugge · Eq €126k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,874. 12,769 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
43341Painting of buildings
43410Roofing work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.