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Storm 15

Active
Private limited companyfounded 201115 yrs activeBorsbeeksebrug 22, 2600 Antwerpen, BelgiumKBO/BCE: BE 0839.407.712
Summary

The computed 12-month bankruptcy probability of Storm 15 is 1.9% (moderate). The 2025 annual accounts show negative equity (-€1.5m) and a net result of -€78,245. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 309 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Production of electricity from non-renewable sources
NACE 35110
1 site
How big
€268,086total assets 2025
Equity
-€1.5m
Loss
-€78,245
Turnover not published (abridged schema)
Financially healthy?
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.9%
Who decides
Parent
STORM MANAGEMENT · 100%
Accounts 64 d early0 of 8 deeds read
Why 54- Negative equity -€1.5m- Loss of €78,245, the second in a row (FY 2025)- Liquidity: current ratio 62.33+ Size: total assets €268,086Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 37% of its sector peers (NACE 35, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 0=
equity -547.2% of total assets
Liquidity 100=
short-term debt 0.4%
Profitability 0=
return on assets -29.2%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (536 companies)
  • Size: total assets €268,086 lowers the probability for this profile
  • Negative equity -€1.5m raises the probability
  • Loss of €78,245, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 62.33 raises the probability
No credit on open account
Liquidity ample (current ratio 62.33 against 45.87 in 2024; short-term debt: 0.4% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 35, micro). Better than this share of them on solvency 5%, liquidity 96%, profitability 8%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €268,086
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€1.5m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €78,245, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 62.33
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 d early
2024
1 d early
2023
54 d early
2022
52 d early
2021
4 d early
2020
50 d early
2019
56 d late
← 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 24 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

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. Usually files around 9 June (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Liquidity times 86current ratio 45.87

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€1.5m View
  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€78,245 View
  • Caution: Among the weakest 5% on solvencysector median 31.3% · 309 companies -547.2% View
  • Controlled by STORM MANAGEMENTultimately: STORM GROUP 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€268,086
Loss
-€78,245
Solvency
-547.2%
Total assets▼ 4.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 28-05-2026Annual accounts filed
  2. 30-07-2025Annual accounts filed
  3. 31-12-2024Liquidity times 86
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
12-09-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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