Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
Of this, €120,344 falls due within a year.
Green is investment, beige is depreciation.
Less equity than 92% of companies in wholesale trade. Sector median €58,021 · 15,488 companies.
In July 2024, 2,333 companies had the same profile as Stim has now. Each dot stands for 6 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for Stim. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Stim Roeselare | €115,393 | €19,506 | -57.5% | - |
| SOLVENTRA Kapellen | €108,701 | €15,903 | 30.9% | - |
| Bouwmalink Tessenderlo-Ham | €101,008 | €22,388 | 55.1% | - |
| BeProCo De Haan | €122,464 | €15,629 | 75.4% | - |
| Amston Garden Knokke-Heist | €90,865 | €24,738 | 83.8% | - |
| DIMITRI MICHILS Hasselt | €136,039 | €19,057 | 81.6% | 0 |
| D-Phy Floor Mont-Saint-Guibert | €81,464 | €21,151 | 98.3% | - |
These companies have the same main activity as Stim: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €81,500 and €136,000, founded between 2005 and 2013.
Stim files the micro format. That format states no turnover. The gross margin fell from €65,583 in 2010 to €19,506 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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