Storm 59
ActiveSummary
Storm 59 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-3k. Equity is shrinking by ~65% per year across the filed fiscal years. Its solvency ranks better than 9% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+1
Solvency24▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.19 in 2024; short-term debt: 4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.4%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-7k
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 03-06-2026, 58 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
58 d early
2024
58 d early
2023
51 d early
2022
52 d early
2021
48 d early
2020
51 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-7k▼ 65.0%
2024 · €-4k
2020: €4khighest in 6 years
2021: €3k▼ -37.0% vs 2020
2022: €876▼ -67.3% vs 2021
2023: €-813▼ -193% vs 2022
2024: €-4k▼ -398% vs 2023
2025: €-7k▼ -65.0% vs 2024lowest in 6 years
2020 → 2025
Total assets
€471k▲ 153%
2024 · €186k
2020: €41klowest in 6 years
2021: €128k▲ +210% vs 2020
2022: €236k▲ +84.7% vs 2021
2023: €49k▼ -79.2% vs 2022
2024: €186k▲ +280% vs 2023
2025: €471k▲ +153% vs 2024highest in 6 years
2020 → 2025
Net result
€-3k▲ 18.7%
2024 · €-3k
2020: €-2k
2021: €-2k▲ +19.0% vs 2020highest in 6 years
2022: €-2k▼ -14.5% vs 2021
2023: €-2k▲ +6.3% vs 2022
2024: €-3k▼ -91.7% vs 2023lowest in 6 years
2025: €-3k▲ +18.7% vs 2024
2020 → 2025
Working capital
€-16k▲ 62.1%
2024 · €-41k
2020: €-165
2021: €-37k▼ -22069% vs 2020
2022: €184k▲ +604% vs 2021highest in 6 years
2023: €3k▼ -98.5% vs 2022
2024: €-41k▼ -1566% vs 2023lowest in 6 years
2025: €-16k▲ +62.1% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€876▼ 67.3%€-813€-4k▼ 398%€-7k▼ 65.0%
2021: €3khighest in 5 years
2022: €876▼ -67.3% vs 2021
2023: €-813▼ -193% vs 2022
2024: €-4k▼ -398% vs 2023
2025: €-7k▼ -65.0% vs 2024lowest in 5 years
Operating result€-2k-€-2k▼ 8.0%€-2k▲ 4.0%€-3k▼ 102%€-2k▲ 23.2%
2021: €-2khighest in 5 years
2022: €-2k▼ -8.0% vs 2021
2023: €-2k▲ +4.0% vs 2022
2024: €-3k▼ -102% vs 2023lowest in 5 years
2025: €-2k▲ +23.2% vs 2024
Net result€-2k-€-2k▼ 14.5%€-2k▲ 6.3%€-3k▼ 91.7%€-3k▲ 18.7%
2021: €-2khighest in 5 years
2022: €-2k▼ -14.5% vs 2021
2023: €-2k▲ +6.3% vs 2022
2024: €-3k▼ -91.7% vs 2023lowest in 5 years
2025: €-3k▲ +18.7% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €471k
Fixed assets
€468k ▲ 166%
Current assets
€3k ▼ 67.1%
Key figures and ratios
EBITDA
€-2k▲
2024 · €-3k
Cash flow
€-2k▲
2024 · €-3k
Solvency
-1.4%▲
2024 · -2.2%
Current ratio
0.17▼
2024 · 0.19
Debt to equity
-71.51▼
2024 · -46.97
ROA
-0.6%▲
2024 · -1.7%
Interest coverage
-12.74▲
2024 · -67.15
Debt
€478k▲
2024 · €190k
Debt ≤ 1 year
€19k▼
2024 · €51k
Debt > 1 year
€424k▲
2024 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€471k▲
Formation expenses20€511€341▼
Fixed assets21/28€176k€468k▲
Intangible fixed assets21€176k€468k▲
Current assets29/58€10k€3k▼
Amounts receivable within one year40/41€10k€3k▼
Trade receivables40€0-
Other amounts receivable41€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€186k€471k▲
Equity10/15€-4k€-7k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-10k€-13k▼
Amounts payable17/49€190k€478k▲
Amounts payable after more than one year17€122k€424k▲
Other amounts payable178/9€122k€424k▲
Amounts payable within one year42/48€51k€19k▼
Trade debts44€51k€19k▼
Suppliers440/4€51k€19k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Accrued charges and deferred income492/3€16k€35k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171€171=
Other operating charges640/8€590€607▲
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-3k€-2k▲
Financial charges65/66B€45€179▲
Recurring financial charges65€45€179▲
Profit (loss) for the period before taxes9903€-3k€-3k▲
Profit (loss) for the period9904€-3k€-3k▲
Profit (loss) for the period to be appropriated9905€-3k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-13k▼
Profit (loss) brought forward from the previous period14P€-7k€-10k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €171 | €171 | €171 | = |
| Other operating charges640/8 | €174 | €526 | €13k | €590 | €607 | ▲ 2.9% |
| Gross operating margin9900 | €-1k | €-1k | €12k | €-2k | €-2k | ▲ 31.1% |
| Operating profit (loss)9901 | €-2k | €-2k | €-2k | €-3k | €-2k | ▲ 23.2% |
| Financial charges65/66B | €50 | €156 | €107 | €45 | €179 | ▲ 298% |
| Recurring financial charges65 | €50 | €156 | €107 | €45 | €179 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €-2k | €-2k | €-2k | €-3k | €-3k | ▲ 18.7% |
| Profit (loss) for the period9904 | €-2k | €-2k | €-2k | €-3k | €-3k | ▲ 18.7% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-2k | €-2k | €-3k | €-3k | ▲ 18.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €236k | €49k | €186k | €471k | ▲ 153% |
| Formation expenses20 | €852 | €852 | €682 | €511 | €341 | ▼ 33.3% |
| Fixed assets21/28 | €119k | €15k | €33k | €176k | €468k | ▲ 166% |
| Intangible fixed assets21 | €119k | €15k | €33k | €176k | €468k | ▲ 166% |
| Current assets29/58 | €8k | €220k | €15k | €10k | €3k | ▼ 67.1% |
| Amounts receivable within one year40/41 | €8k | €220k | €15k | €10k | €3k | ▼ 67.1% |
| Trade receivables40 | - | €220k | €15k | €0 | - | - |
| Other amounts receivable41 | €8k | €0 | - | €10k | €3k | ▼ 67.1% |
| Cash at bank and in hand54/58 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €236k | €49k | €186k | €471k | ▲ 153% |
| Equity10/15 | €3k | €876 | €-813 | €-4k | €-7k | ▼ 65.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-4k | €-5k | €-7k | €-10k | €-13k | ▼ 25.7% |
| Amounts payable17/49 | €125k | €235k | €50k | €190k | €478k | ▲ 151% |
| Amounts payable after more than one year17 | €76k | €187k | €24k | €122k | €424k | ▲ 246% |
| Other amounts payable178/9 | €76k | €187k | €24k | €122k | €424k | ▲ 246% |
| Amounts payable within one year42/48 | €44k | €36k | €12k | €51k | €19k | ▼ 63.0% |
| Trade debts44 | €44k | €2k | €12k | €51k | €19k | ▼ 63.0% |
| Suppliers440/4 | €44k | €2k | €12k | €51k | €19k | ▼ 63.0% |
| Taxes, remuneration and social security45 | - | €34k | €589 | €0 | - | - |
| Taxes450/3 | - | €34k | €589 | €0 | - | - |
| Other amounts payable47/48 | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €5k | €12k | €13k | €16k | €35k | ▲ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-2k | €-2k | €-3k | €-3k | ▲ 18.7% |
| + Depreciation and write-downs630 | - | - | €171 | €171 | €171 | = |
| Operating cash flow (approximation) | €-2k | €-2k | €-2k | €-3k | €-2k | ▲ 19.7% |
| Investment in fixed assets (approximation) | - | €104k | €-18k | €-143k | €-292k | ▼ 105% |
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
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 35current ratio 6.14
Current ratio from 0.18 to 6.14; short-term debt falls from €44k to €36k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2019
Ground area
2.4 ha
Building footprint
2,699 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
177
companies at this address
See who is registered here
1 establishment unit
Storm 59
since 20192.292.469.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,699 m² | - |
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 11,546 companies in sector 71121 we hold annual accounts for 6,561. 494 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
Founded27-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
28120Manufacture of machinery and equipment not elsewhere classified
35110Production of electricity from non-renewable sources
Contact
Website
www.storm.be
E-mail
info@storm.be
Scores and ratios are computed by Checked and are not a credit decision.