Equity
€1.2m ▲ 4.0%
STIMAA has made a profit in every financial year since 2006.
STIMAA
Lifetime
19 annual accounts with figures on one time axis, 39 filings since 1986peak €1.2m (2020)
€1.1m▲ 2.7%
peak €246,201 (2022)
€46,562▼ 54.0%
peak €1.2m (2024)
€1.2m▲ 4.0%
€1.9m▲ 4.1%
peak 15.2 FTE (2021)
15.2 FTE▲ 38.2%
Board4 names since 2016
2 directorsARNOUTS LAMBERTUS and 1 other
Documentsfilings and deeds
29-10-202590 days late
2024abbreviated format
Result from €101,303 to €46,562Staff from 11 FTE to 15.2 FTEResignation: Schroeyen Jurgen (director) 09-10Cash from €49,778 to €14,726
Key points
from the 2024 annual accountsResult
€46,562 ▼ 54.0%
The result fell in 2024 from €101,303 to €46,562.
Turnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Staff
20 employees on 31-12-2024
In 2024, 28 people joined and 19 left.
Filings
39 annual accounts 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€1.1m
Higher gross margin than 81% of companies in legal and accounting. Sector median €433,728 · 2,890 companies.
Checked score
54
Fair
Financially stronger than 30% of small companies in legal and accounting (NACE 69)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 1.0%▲ +0.2 percentage points vs 09-2025
11-2025: 1.1%▲ +0.1 percentage points vs 10-2025
12-2025: 0.4%▼ -0.7 percentage points vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.5%▲ +0.1 percentage points vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026
10-2026: 1.4%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 01-11-2025)
Liquidity: current ratio 1.59, cash €14,726, halved
lowers risk
Sector: Legal and accounting activities (NACE 69)
Founded in 1986
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 69, small). It does better than 41% of them on solvency, 9% on liquidity, 27% on profitability and 45% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as STIMAA has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STIMAA itself is higher: 1.4% within 12 months. It rests on far more data about STIMAA than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for STIMAA. 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.
Credit verdict
Credit of up to €65,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.59 (1.42 in 2023), above the usual 1.5. Short-term debt is 47% and cash 0.5% of total assets. However, 62.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
90 days late
2023
92 days late
2022
32 days late
2021
31 days late
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 51 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
AL
ARNOUTS LAMBERTUS
Director
Shares in 1 company, Stimaa-Zuid-Limburg
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0429251922
Resignation: Schroeyen Jurgen (director)
Director discharge: Schroeyen Jurgen · General meeting of 26-07-2024 · Gazette deed
Resignation: Fisco-Turn BV (director)
Gazette deed
Appointment: Maes Cynthia (director)
General meeting of 01-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STIMAA Beringen | €3.2m | €1.1m | 37.7% | 15.2 |
| umain Gent Ghent | €2.4m | €1.3m | 16.0% | 17.3 |
| DELTA ACCOUNTANTS Roeselare | €3.1m | €1.6m | 76.3% | 12.8 |
| DEG & PARTNERS CONSULTING COMPANY Schaerbeek | €3.2m | €1.7m | 19.1% | 17.3 |
| BUREAU CAMBIER Tournai | €2.9m | €1.3m | 18.3% | 17.5 |
| Fiduciaire Montgomery Watermael-Boitsfort | €2.6m | €1.1m | 18.5% | 12.7 |
| SOCOFINAM Namur | €1.9m | €1.3m | 1.0% | 13.5 |
These companies have the same main activity as STIMAA: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.9m and €3.2m, founded between 1985 and 1999.
Official details
Source: KBO- Status
- Active since 11-06-1986Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 336Liberal professions · annual accounts 2024
- Establishment units
- 2.035.818.5783583 Beringen, since 29-07-1986
- 2.229.727.8158020 Oostkamp, since 01-12-2010and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2024
- €3.2m▲ 3.9%
- Employeeson 31-12-2024
- 20▲ 81.8%
- Filing
- Filed on 29-10-2025
Insights on STIMAA
STIMAA files the abbreviated format. That format states no turnover. The gross margin rose from €202,103 in 2006 to €1.1m in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STIMAA
- What is the company number of STIMAA?
- The company number of STIMAA is 0429.251.922. The VAT number is the same number with BE in front: BE 0429.251.922.
- Where is STIMAA based?
- The registered office is at Paalsesteenweg 154, 3583 Beringen.Company details
- What does STIMAA do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of STIMAA?
- STIMAA is a public limited company (NV).
- When was STIMAA founded?
- STIMAA was founded on 11-06-1986.
- Is STIMAA still active?
- Yes, STIMAA is an active enterprise in the KBO register.
- How many employees does STIMAA have?
- STIMAA had an average of 15.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does STIMAA fall under?
- In its 2024 annual accounts, STIMAA states joint committees 100 (Auxiliary committee for blue-collar workers) and 336 (Liberal professions).
- What is the turnover of STIMAA?
- The turnover in financial year 2024 is ≈ €1.9m. This figure is estimated from the gross margin of €1.1m and 1,586 comparable companies of the same size. It probably lies between €1.3m and €3.1m. It is a rough estimate.
- Is STIMAA profitable?
- In financial year 2024, STIMAA made a profit of €46,562.
- Where can I find the annual accounts of STIMAA?
- STIMAA filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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