Summary
STIMACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €209,666 and a net result of €12,330. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 31% of 2463 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
58 d early
2023
16 d early
2022
68 d early
2021
77 d early
2020
51 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 4 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€209,666▲ 6.2%
2024 · €197,336
Net result
€12,330▼ 23.5%
2024 · €16,125
Total assets
€793,331▼ 5.7%
2024 · €841,642
Solvency
26.4%▲ 3.0pp
2024 · 23.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€138,163
Operating result€31,440▼ 18.7%€24,130▼ 23.3%€35,298▲ 46.3%€30,084▼ 14.8%€23,471▼ 22.0%
Net result€16,055within the sector's middle half▼ 56.9%€10,542within the sector's middle half▼ 34.3%€20,056within the sector's middle half▲ 90.2%€16,125within the sector's middle half▼ 19.6%€12,330within the sector's middle half▼ 23.5%
Equity€150,606within the sector's middle half▲ 11.9%€161,153within the sector's middle half▲ 7.0%€181,209within the sector's middle half▲ 12.4%€197,336within the sector's middle half▲ 8.9%€209,666within the sector's middle half▲ 6.2%
Total assets€911,773above the sector's middle half▲ 2.2%€881,645above the sector's middle half▼ 3.3%€870,991above the sector's middle half▼ 1.2%€841,642above the sector's middle half▼ 3.4%€793,331above the sector's middle half▼ 5.7%
Debt€758,725▲ 0.6%€718,654▼ 5.3%€687,547▼ 4.3%€642,884▼ 6.5%€583,054▼ 9.3%
Working capital-€407,552below the sector's middle half▼ 15.7%-€416,684below the sector's middle half▼ 2.2%-€447,511below the sector's middle half▼ 7.4%-€448,028below the sector's middle half▼ 0.1%-€462,637below the sector's middle half▼ 3.3%
Solvency16.5%below the sector's middle half▲ 1.4pp18.3%below the sector's middle half▲ 1.8pp20.8%within the sector's middle half▲ 2.5pp23.4%within the sector's middle half▲ 2.6pp26.4%within the sector's middle half▲ 3.0pp
Current ratio0.01below the sector's middle half▼ 0.080.03below the sector's middle half▲ 0.020.03below the sector's middle half=0.07below the sector's middle half▲ 0.040.03below the sector's middle half▼ 0.04
Return on assets (ROA)1.8%within the sector's middle half▼ 2.4pp1.2%within the sector's middle half▼ 0.6pp2.3%within the sector's middle half▲ 1.1pp1.9%within the sector's middle half▼ 0.4pp1.6%below the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €793,331
Fixed assets
€779,127 ▼ 3.8%
Current assets
€14,203 ▼ 55.0%
Equity and liabilities €793,331
Equity
€209,666 ▲ 6.2%
Provisions
€610 ▼ 57.1%
Debt
€583,054 ▼ 9.3%
Debt's share of the balance-sheet total falls from 76.4% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
5.9%▼
2024 · 8.2%
Debt ≤ 1 year
€476,840▼
2024 · €479,578
Debt > 1 year
€106,214▼
2024 · €162,231
Income taxes
€5,639▼
2024 · €7,072
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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | €138,163 | - | - | - | - |
| Non-recurring operating income76A | - | - | €7,014 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €85,221 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,914 | €40,492 | €42,123 | €46,964 | €47,061 | ▲ 0.2% |
| Other operating charges640/8 | - | €4,858 | €2,694 | €4,261 | €2,130 | ▼ 50.0% |
| Gross operating margin9900 | €73,228 | €69,480 | €80,115 | €81,309 | €72,661 | ▼ 10.6% |
| Operating profit (loss)9901 | €31,440 | €24,130 | €35,298 | €30,084 | €23,471 | ▼ 22.0% |
| Financial income75/76B | - | €0 | €0 | €5 | €6 | ▲ 10.0% |
| Recurring financial income75 | €96 | €0 | €0 | €5 | €6 | ▲ 10.0% |
| Financial charges65/66B | - | €9,572 | €9,327 | €7,703 | €6,319 | ▼ 18.0% |
| Recurring financial charges65 | €10,678 | €9,572 | €9,327 | €7,703 | €6,319 | ▼ 18.0% |
| Profit (loss) for the period before taxes9903 | €20,859 | €14,558 | €25,971 | €22,386 | €17,157 | ▼ 23.4% |
| Transfer from deferred taxes780 | - | €600 | €654 | €812 | €812 | = |
| Transfer to deferred taxes680 | - | - | €1,052 | €0 | - | - |
| Income taxes67/77 | €5,367 | €4,616 | €5,517 | €7,072 | €5,639 | ▼ 20.3% |
| Profit (loss) for the period9904 | €16,055 | €10,542 | €20,056 | €16,125 | €12,330 | ▼ 23.5% |
| Transfer from tax-exempt reserves789 | - | €2,400 | €2,611 | €3,240 | €3,240 | = |
| Transfer to tax-exempt reserves689 | - | - | €4,208 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €18,302 | €12,942 | €18,459 | €19,366 | €15,570 | ▼ 19.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €911,773 | €881,645 | €870,991 | €841,642 | €793,331 | ▼ 5.7% |
| Fixed assets21/28 | €907,312 | €866,820 | €857,055 | €810,092 | €779,127 | ▼ 3.8% |
| Tangible fixed assets22/27 | €907,312 | €866,820 | €857,055 | €810,092 | €779,127 | ▼ 3.8% |
| Land and buildings22 | - | €811,260 | €788,760 | €766,260 | €758,273 | ▼ 1.0% |
| Plant, machinery and equipment23 | - | €3,005 | €2,054 | €1,102 | €151 | ▼ 86.3% |
| Furniture and vehicles24 | - | €52,086 | €65,773 | €42,261 | €20,234 | ▼ 52.1% |
| Other tangible fixed assets26 | - | €468 | €468 | €468 | €468 | = |
| Current assets29/58 | €4,461 | €14,825 | €13,936 | €31,551 | €14,203 | ▼ 55.0% |
| Amounts receivable within one year40/41 | - | €11,098 | €3,616 | €19,696 | €1 | ▼ 100.0% |
| Trade receivables40 | - | €11,097 | €3,616 | €19,696 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €0 | - | - | €1 | - |
| Cash at bank and in hand54/58 | €3,637 | €3,603 | €10,184 | €11,667 | €13,377 | ▲ 14.7% |
| Deferred charges and accrued income490/1 | - | €124 | €135 | €187 | €826 | ▲ 341% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €911,773 | €881,645 | €870,991 | €841,642 | €793,331 | ▼ 5.7% |
| Equity10/15 | €150,606 | €161,153 | €181,209 | €197,336 | €209,666 | ▲ 6.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Revaluation surpluses12 | - | €43,406 | €43,406 | €43,406 | €43,406 | = |
| Reserves13 | €100,999 | €111,546 | €131,602 | €147,730 | €160,060 | ▲ 8.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | €7,351 | €8,948 | €5,710 | €2,470 | ▼ 56.7% |
| Distributable reserves133 | - | €102,335 | €120,794 | €142,020 | €157,590 | ▲ 11.0% |
| Provisions and deferred taxes16 | €2,443 | €1,838 | €2,236 | €1,422 | €610 | ▼ 57.1% |
| Deferred taxes168 | - | €1,838 | €2,236 | €1,422 | €610 | ▼ 57.1% |
| Amounts payable17/49 | €758,725 | €718,654 | €687,547 | €642,884 | €583,054 | ▼ 9.3% |
| Amounts payable after more than one year17 | €345,734 | €286,167 | €225,120 | €162,231 | €106,214 | ▼ 34.5% |
| Financial debts170/4 | - | €286,167 | €225,120 | €162,231 | €106,214 | ▼ 34.5% |
| Amounts payable within one year42/48 | €412,013 | €431,509 | €461,447 | €479,578 | €476,840 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | - | €59,619 | €61,047 | €62,889 | €56,065 | ▼ 10.9% |
| Trade debts44 | €1,629 | €5,225 | €5,769 | €2,277 | €6,201 | ▲ 172% |
| Suppliers440/4 | - | €5,225 | €5,769 | €2,277 | €6,201 | ▲ 172% |
| Advances received on contracts in progress46 | - | - | €4,049 | €19,696 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €8,626 | €7,207 | €8,313 | €10,836 | ▲ 30.4% |
| Taxes450/3 | - | €6,611 | €7,207 | €8,313 | €8,821 | ▲ 6.1% |
| Remuneration and social security454/9 | - | €2,016 | - | - | €2,015 | - |
| Other amounts payable47/48 | - | €358,038 | €383,374 | €386,403 | €403,738 | ▲ 4.5% |
| Accrued charges and deferred income492/3 | - | €979 | €980 | €1,075 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,055 | €10,542 | €20,056 | €16,125 | €12,330 | ▼ 23.5% |
| + Depreciation and write-downs630 | €38,914 | €40,492 | €42,123 | €46,964 | €47,061 | ▲ 0.2% |
| Operating cash flow (approximation) | €54,969 | €51,034 | €62,179 | €63,089 | €59,391 | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | €0 | -€32,359 | €0 | -€16,096 | - |
| Change in cash | - | -€34 | €6,581 | €1,483 | €1,709 | ▲ 15.3% |
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
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €200,000Eq €209,666 ▲6.2%
7 profitable years in a row build equity to €209,666.
2024
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €10,542 ▼34.3%
Net result drops to €10,542, the lowest in the series; recovery starts the following year.
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €150,000Eq €150,606 ▲11.9%
3 profitable years in a row build equity to €150,606.
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Highest result since 2019net €37,256 ▲145%
Operating result €38,652, net result €37,256, both a record.
30-06
Financial
Equity above €100,000Eq €134,551 ▲38.3%
2 profitable years in a row build equity to €134,551.
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
08-12
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Koksijde
Ground area
1,094 m²
Building footprint
540 m²
Volume, LiDAR
8,373 m³
Parcel 38014E0361/00B000, Flanders · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014E0361/00B000 | Flanders | 1,094 m² | 1 · 540 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,682 companies in sector 66191 we hold annual accounts for 1,230. 1,098 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
Founded05-05-2011
Fiscal year end30-06
Activities, NACEBEL 2025
66191Agents and brokers in banking services
66199Other activities auxiliary to financial services, excluding insurance and pension funding
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0836027855
Also
9925:BE0836027855
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.