Equity
-€223,165
Debts exceed assets in financial year 2025.
Storm 45
Lifetime
7 annual accounts with figures on one time axispeak -€1,091 (2020)
-€1,675▼ €180
lowest -€69,015 (2025)
-€69,015▼ €2,134
peak €366 (2019)
-€223,165▼ €69,015
€471,025▲ 21.0%
peak 0 FTE (2023)
0 FTE
Board6 names since 2018
1 directorThuysbaert Proper-Reginald
Owners
71.5%STORM MANAGEMENT
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Gross margin from -€1,494 to -€1,675Loss of €69,015Equity from -€154,150 to -€223,165Debts from €389,257 to €471,025
Key points
from the 2025 annual accountsLosses
-€229,365 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€471,025 190% of the balance sheet
After one year 98%Within one year 2%
Of this, €11,271 falls due within a year.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 34 to 58 days before the end of the period.
At the same address
176 companies
Position in the sector
-90.0%
Lower solvency than 95% of companies in machinery and equipment. Sector median 44.8% · 478 companies.
Turnover not published (abbreviated format)
Checked score
50
Fair
Financially stronger than 29% of micro companies in machinery and equipment (NACE 28)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.1%● unchanged vs 12-2024
02-2025: 3.1%● unchanged vs 01-2025
03-2025: 3.1%● unchanged vs 02-2025
04-2025: 3.1%● unchanged vs 03-2025
05-2025: 3.0%▼ -0.1 percentage points vs 04-2025
06-2025: 2.8%▼ -0.2 percentage points vs 05-2025
07-2025: 3.2%▲ +0.4 percentage points vs 06-2025highest value
08-2025: 3.2%● unchanged vs 07-2025highest value
09-2025: 3.2%● unchanged vs 08-2025highest value
10-2025: 3.2%● unchanged vs 09-2025highest value
11-2025: 3.2%● unchanged vs 10-2025highest value
12-2025: 3.2%● unchanged vs 11-2025highest value
01-2026: 3.2%● unchanged vs 12-2025highest value
02-2026: 3.2%● unchanged vs 01-2026highest value
03-2026: 3.0%▼ -0.2 percentage points vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 2.9%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.8%▼ -0.1 percentage points vs 07-2026
09-2026: 2.8%● unchanged vs 08-2026
10-2026: 2.8%● unchanged vs 09-2026
11-2026: 2.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.39
Loss of €69,015, the second in a row (financial year 2025)
Negative equity -€223,165
lowers risk
Size: total assets €247,860
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 28, micro). It does better than 4% of them on solvency, 97% on liquidity, 5% on profitability and 11% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as Storm 45 has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Storm 45 itself: 2.8% within 12 months.
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 6,008 companies, not a prediction for Storm 45. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.39 (0.06 in 2024), below 1. Short-term debt is 4.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€223,165
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 11-06-2026, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
50 days early
2024
57 days early
2023
54 days early
2022
34 days early
2021
58 days early
2020
50 days early
2019
49 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
TP
Thuysbaert Proper-Reginald
Director, since 22-12-2023
- STORM MANAGEMENT 71.5%equity €40.6m (2025) · 2025 annual accounts of STORM MANAGEMENT
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0700516182
4 managers resigning, 4 directors reappointed
Resignations: Heidi PEETERS, Storm Management NV, VALENTIN Benoît and THUYSBAERT Prosper-Reginald · Reappointments: Heidi PEETERS, Storm Management NV, VALENTIN Benoît and THUYSBAERT Prosper-Reginald · Permanent representative: Jan CAERTS · General meeting of 22-12-2023 · Gazette deed
Environmental permit granted
Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Departement Omgeving
Registered office moved to Antwerp
New registered office: Borsbeeksebrug 22, 2600 Antwerpen · Resignation: Jan Caerts (director) · Appointment: Heidi Peeters (director) · Board meeting of 13-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Storm 45 Antwerp | €247,860 | -€1,675 | -90.0% | 0 |
| Storm 76 Antwerp | €245,717 | -€1,675 | -2.3% | 0 |
| Storm 79 Antwerp | €244,582 | -€1,675 | -2.4% | 0 |
| Storm 80 Antwerp | €196,685 | -€1,675 | -2.8% | 0 |
| Storm 77 Antwerp | €744,827 | -€1,675 | -0.8% | 0 |
| STORM 89 Antwerp | €67,438 | -€1,675 | -1.8% | 0 |
| Furmanite GSG Antwerp | €319,340 | -€13,275 | -1418.4% | 1 |
These companies have the same main activity as Storm 45: manufacture of machinery and equipment not elsewhere classified (NACE 28120). They are comparable in size and age: total assets between €67,400 and €745,000, founded between 2005 and 2022.
Official details
Source: KBO- Status
- Active since 31-07-2018Normal situation
- Registered office
- 177 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28120and 2 others
- Establishment unit
- 2.278.047.1762600 Antwerp, since 31-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Annual accounts 2025
- €247,860▲ 5.4%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Companies linked to Storm 45
Parent and group
Insights on Storm 45
Storm 45 files the abbreviated format. That format states no turnover. The gross margin rose from -€1,906 in 2019 to -€1,675 in 2025.
STORM MANAGEMENT holds 71.5% of the shares. In February 2024, four directors stepped down.
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 Storm 45
- What is the company number of Storm 45?
- The company number of Storm 45 is 0700.516.182. The VAT number is the same number with BE in front: BE 0700.516.182.
- Where is Storm 45 based?
- The registered office is at Borsbeeksebrug 22, 2600 Antwerp.Company details
- What does Storm 45 do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28120).
- What is the legal form of Storm 45?
- Storm 45 is a private limited company (BV).
- When was Storm 45 founded?
- Storm 45 was founded on 31-07-2018.
- Is Storm 45 still active?
- Yes, Storm 45 is an active enterprise in the KBO register.
- What is the turnover of Storm 45?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Storm 45 profitable?
- In financial year 2025, Storm 45 made a loss of €69,015.
- Where can I find the annual accounts of Storm 45?
- Storm 45 filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Storm 45 due?
- Storm 45 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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