STIMAR
STIMAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-6k) and a net result of €31k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 222 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-6k |
| Net result | €31k |
| Staff (FTE) | 1 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -0.3% | 47.9% | |
| Net result | €31k | €43k | |
| Equity | €-6k | €83k | |
| Gross operating margin | €221k | €88k | |
| Staff costs | €73k | €60k |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €31k |
| Cash flow | n/a |
| Staff costs | €73k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.98M |
| Equity | €-6k |
| Debt | €1.99M |
| of which ≤ 1y | €308k |
| of which > 1y | €1.68M |
| Working capital | n/a |
| Employees (FTE) | 1.0 |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | -0.3% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 1.6% |
| ROE | -502.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.98M |
| Fixed assets | 21/28 | €1.96M |
| Tangible fixed assets | 22/27 | €1.96M |
| Current assets | 29/58 | €15k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.98M |
| Equity | 10/15 | €-6k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €1.99M |
| Amounts payable after one year | 17 | €1.68M |
| Amounts payable within one year | 42/48 | €308k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €221k |
| Operating result | 9901 | €76k |
| Financial charges | 65 | €44k |
| Result before taxes | 9903 | €31k |
| Net result for the period | 9904 | €31k |
| Result to be appropriated | 9905 | €31k |
Former directors (1)
-
Former- → 30-06-2025
| NACE primary | 66300 |
| Legal form | Private limited company(610) |
| Incorporation | 16-06-2021 |
| Status | Active |
| Postal code | 8300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0084/00N002 | Flanders | 2,160 m² | 1 · 1,006 m² | 4.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-12-2025 Lynn Stichelbaut resigns as director
- Lynn Stichelbaut, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Lynn Stichelbaut",
"address": null,
"birth_date": null
},
"effective_date": "2025-06-30",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Lynn Stichelbaut, met woonplaats te 8301 Knokke-Heist Walstraat 29, als niet-statutaire bestuurder, en dit met ingang op 30/06/2025. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van an diens mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0769.754.683",
"name_full": "STIMAR",
"legal_form": "BV"
}
}18-06-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8300 Knokke-Heist, \u0027t Walletje 27",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1957-09-09",
"name": "STICHELBAUT, Martin Omer Sylvain",
"niss": null,
"address": "8301 Knokke-Heist, Achtmeilaan 22"
},
"share_class": "onmiddellijk in geld",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "STICHELBAUT, Martin Omer Sylvain",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1981-05-16",
"name": "STICHELBAUT, Davy Georges Omer",
"niss": null,
"address": "8300 Knokke-Heist, Boomgaarden 30"
},
"share_class": "onmiddellijk in geld",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "STICHELBAUT, Davy Georges Omer",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1985-05-12",
"name": "STICHELBAUT, Philippe Nicole Andr\u00E9",
"niss": null,
"address": "8300 Knokke-Heist, \u0027t Walletje 27"
},
"share_class": "onmiddellijk in geld",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "STICHELBAUT, Philippe Nicole Andr\u00E9",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-10-12",
"name": "STICHELBAUT, Lynn Martine Henk",
"niss": null,
"address": "8301 Knokke-Heist, Walstraat 29"
},
"share_class": "onmiddellijk in geld",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "STICHELBAUT, Lynn Martine Henk",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 4000,
"subject_company": {
"kbo": "0769.754.683",
"name_full": "STIMAR",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-06-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | STIMAR |