STIM
ActiveSummary
STIM has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €920k and a net result of €28k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 48% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▲+4
Solvency61▲+4
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.09 in 2024; short-term debt: 48.6% and cash: 1.8% of total assets), and 64% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
36%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
61 d late
2022
31 d late
2021
30 d late
2020
19 d late
2019
88 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€876k
EBIT margin
9.5%
Net result
€28k▲ 991%
2024 · €3k
Working capital
€91k▼ 30.9%
2024 · €132k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€61k▼ 49.2%€87k▲ 41.7%€107k▲ 23.2%€62k▼ 41.8%€98k▲ 57.4%
Net result€11k▼ 71.5%€13k▲ 16.2%€10k▼ 21.1%€3k▼ 74.7%€28k▲ 991%
EBIT margin
Equity€867k▲ 1.3%€880k▲ 1.5%€890k▲ 1.2%€892k▲ 0.3%€920k▲ 3.1%
Total assets€4.50M▼ 14.2%€3.60M▼ 19.8%€2.78M▼ 22.8%€2.81M▲ 1.0%€2.56M▼ 8.9%
Debt€3.63M▼ 17.2%€2.72M▼ 24.9%€1.89M▼ 30.5%€1.92M▲ 1.3%€1.64M▼ 14.5%
Working capital€-981k€120k€188k▲ 57.1%€132k▼ 30.0%€91k▼ 30.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.56M
Fixed assets
€1.23M ▲ 2.3%
Current assets
€1.34M ▼ 17.2%
Equity and liabilities €2.56M
Equity
€920k ▲ 3.1%
Debt
€1.64M ▼ 14.5%
Debt's share of the balance-sheet total falls from 68.3% to 64.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113k▲
2024 · €79k
Cash flow
€43k▲
2024 · €19k
Current ratio
1.07▼
2024 · 1.09
Quick ratio
0.66▲
2024 · 0.53
Debt to equity
1.78▼
2024 · 2.15
ROE
3.0%▲
2024 · 0.3%
ROA
1.1%▲
2024 · 0.1%
Interest coverage
1.67▲
2024 · 1.33
Debt ≤ 1 year
€1.24M▼
2024 · €1.48M
Debt > 1 year
€381k▼
2024 · €432k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €167k | €237k | €73k | €3k | €37 | ▼ 98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €15k | €16k | €17k | €15k | ▼ 9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €9k | - | - |
| Other operating charges640/8 | €10k | €9k | €18k | €31k | €10k | ▼ 68.2% |
| Non-recurring operating charges66A | €4k | - | - | €100 | - | - |
| Gross operating margin9900 | €101k | €111k | €141k | €119k | €123k | ▲ 3.1% |
| Operating profit (loss)9901 | €61k | €87k | €107k | €62k | €98k | ▲ 57.4% |
| Financial income75/76B | €141 | €145 | €111 | €0 | €32 | ▲ 9,813% |
| Recurring financial income75 | €141 | €145 | €111 | €0 | €32 | ▲ 9,813% |
| Financial charges65/66B | €50k | €74k | €97k | €59k | €68k | ▲ 13.6% |
| Recurring financial charges65 | €50k | €74k | €97k | €59k | €68k | ▲ 13.6% |
| Profit (loss) for the period before taxes9903 | €11k | €13k | €10k | €3k | €30k | ▲ 1,072% |
| Income taxes67/77 | - | - | - | - | €2k | - |
| Profit (loss) for the period9904 | €11k | €13k | €10k | €3k | €28k | ▲ 991% |
| Profit (loss) for the period to be appropriated9905 | €11k | €13k | €10k | €3k | €28k | ▲ 991% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.50M | €3.60M | €2.78M | €2.81M | €2.56M | ▼ 8.9% |
| Fixed assets21/28 | €2.25M | €1.31M | €1.21M | €1.20M | €1.23M | ▲ 2.3% |
| Tangible fixed assets22/27 | €2.25M | €1.31M | €1.21M | €1.19M | €1.22M | ▲ 2.3% |
| Land and buildings22 | €2.24M | €1.29M | €1.20M | €1.19M | €1.20M | ▲ 1.4% |
| Plant, machinery and equipment23 | €11k | €8k | €6k | €3k | €3k | ▼ 10.2% |
| Furniture and vehicles24 | €3k | €14k | €10k | €5k | €15k | ▲ 200% |
| Financial fixed assets28 | €2k | €2k | €3k | €3k | €3k | = |
| Current assets29/58 | €2.24M | €2.29M | €1.57M | €1.61M | €1.34M | ▼ 17.2% |
| Amounts receivable after more than one year29 | €586k | €861k | €338k | €393k | €303k | ▼ 22.9% |
| Other amounts receivable291 | €586k | €861k | €338k | €393k | €303k | ▼ 22.9% |
| Stocks and contracts in progress3 | €1.41M | €1.09M | €915k | €834k | €513k | ▼ 38.5% |
| Stocks30/36 | €315k | €340k | €432k | €350k | €269k | ▼ 23.3% |
| Contracts in progress37 | €1.10M | €748k | €483k | €484k | €244k | ▼ 49.5% |
| Amounts receivable within one year40/41 | €232k | €296k | €292k | €318k | €471k | ▲ 47.8% |
| Trade receivables40 | €73k | €108k | €151k | €169k | €167k | ▼ 1.2% |
| Other amounts receivable41 | €159k | €188k | €141k | €150k | €304k | ▲ 103% |
| Cash at bank and in hand54/58 | €8k | €43k | €23k | €66k | €45k | ▼ 31.7% |
| Deferred charges and accrued income490/1 | €2k | €2k | - | €2k | €4k | ▲ 93.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.50M | €3.60M | €2.78M | €2.81M | €2.56M | ▼ 8.9% |
| Equity10/15 | €867k | €880k | €890k | €892k | €920k | ▲ 3.1% |
| Contributions10/11 | €801k | €801k | €801k | €801k | €801k | = |
| Outside capital11 | €801k | €801k | €801k | €801k | €801k | = |
| Other1109/19 | €801k | €801k | €801k | €801k | €801k | = |
| Reserves13 | €104k | €104k | €104k | €104k | €119k | ▲ 15.2% |
| Non-distributable reserves130/1 | €80k | €80k | - | - | - | - |
| Reserves not available under the articles1311 | €80k | €80k | - | - | - | - |
| Tax-exempt reserves132 | €13k | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | €11k | €11k | €91k | €91k | €107k | ▲ 17.3% |
| Profit (loss) carried forward14 | €-38k | €-25k | €-15k | €-12k | - | - |
| Amounts payable17/49 | €3.63M | €2.72M | €1.89M | €1.92M | €1.64M | ▼ 14.5% |
| Amounts payable after more than one year17 | €388k | €527k | €481k | €432k | €381k | ▼ 11.8% |
| Financial debts170/4 | €386k | €525k | €479k | €430k | €379k | ▼ 11.8% |
| Other amounts payable178/9 | €2k | €2k | €2k | €2k | €2k | = |
| Amounts payable within one year42/48 | €3.22M | €2.17M | €1.38M | €1.48M | €1.24M | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | €39k | €48k | €47k | €49k | €51k | ▲ 3.5% |
| Financial debts43 | €2.70M | €1.30M | €660k | €1.24M | €1.01M | ▼ 18.2% |
| Credit institutions430/8 | €2.70M | €1.30M | €660k | €1.24M | €1.01M | ▼ 18.2% |
| Trade debts44 | €78k | €39k | €9k | €7k | €77k | ▲ 1,043% |
| Suppliers440/4 | €78k | €39k | €9k | €7k | €77k | ▲ 1,043% |
| Advances received on contracts in progress46 | - | €33k | €16k | - | - | - |
| Taxes, remuneration and social security45 | €17k | €414 | €37 | €37 | €2k | ▲ 5,875% |
| Taxes450/3 | €17k | €414 | €37 | €37 | €2k | ▲ 5,875% |
| Other amounts payable47/48 | €390k | €750k | €648k | €191k | €104k | ▼ 45.3% |
| Accrued charges and deferred income492/3 | €16k | €27k | €32k | €5k | €15k | ▲ 184% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €13k | €10k | €3k | €28k | ▲ 991% |
| + Depreciation and write-downs630 | €25k | €15k | €16k | €17k | €15k | ▼ 9.2% |
| Operating cash flow (approximation) | €36k | €28k | €26k | €19k | €43k | ▲ 124% |
| Investment in fixed assets (approximation) | - | €923k | €83k | €0 | €-42k | - |
| Change in cash | - | €35k | €-20k | €43k | €-21k | ▼ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2001
Ground area
6,929 m²
Building footprint
2,941 m²
Volume, LiDAR
10,830 m³
2 parcels, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
STIMMO CARS4U BOATS4U ADVICE4U MANAGEMENT4U DOIT4U
since 20012.093.272.866
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352B0127/00E000 | Flanders | 6,169 m² | 1 · 748 m² | 16.9 m · 3 fl. |
| 71323C1313/00C000 | Flanders | 760 m² | 1 · 2,194 m² | 14.3 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
TOROMA
BE 0808.675.538
Buggenhout · Eq €920,106
R. VERDEGEM - WAUTERS
BE 0416.414.466
Evergem · Eq €921,143
GLOBAL S'IMMO
BE 0738.993.411
Dalhem · Eq €922,071
OFFICE PARK ALLEUR
BE 0894.854.001
Sint-Joost-ten-Node · Eq €917,961
Jef GEENEN
BE 0463.415.817
Retie · Eq €917,804
Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,301 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68122Development of non-residential building projects
47811Retail sale of cars and light vans (up to 3.5 tonnes)
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.