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Storm 92

Active
Private limited companyfounded 20224 yrs activeBorsbeeksebrug 22, 2600 Antwerpen, BelgiumKBO/BCE: BE 0786.556.172
Summary

The computed 12-month bankruptcy probability of Storm 92 is 2.3% (moderate). The 2025 annual accounts show negative equity (-€610) and a net result of -€2,651. Equity is shrinking by ~70.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 407 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-1
Solvency25▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 6.99 against 0.17 in 2024; short-term debt: 0% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-0.2%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€610
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 04-06-2026, 57 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
57 d early
2024
42 d early
2023
33 d early
2022
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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 18 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

Storm 92 was incorporated on 25 May 2022 as a Private limited company.1 Total assets rose from EUR 12,546 in 2022 to EUR 264,466 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€610
2024 · €2,041
Total assets
€264,466▲ 4.1%
2024 · €253,984
Net result
-€2,651▼ 10.6%
2024 · -€2,396
Working capital
€432
2024 · -€29,812
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, 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
Line2022202320242025
Operating result-€132--€1,282▼ 870%-€2,285▼ 78.2%-€2,538▼ 11.1%
Net result-€373below the sector's middle half--€1,390below the sector's middle half▼ 272%-€2,396below the sector's middle half▼ 72.4%-€2,651below the sector's middle half▼ 10.6%
Equity€5,827below the sector's middle half-€4,437below the sector's middle half▼ 23.8%€2,041below the sector's middle half▼ 54.0%-€610below the sector's middle half
Total assets€12,546below the sector's middle half-€245,612below the sector's middle half▲ 1,858%€253,984below the sector's middle half▲ 3.4%€264,466below the sector's middle half▲ 4.1%
Debt€6,719-€241,175▲ 3,489%€251,943▲ 4.5%€265,075▲ 5.2%
Working capital-€5,425below the sector's middle half-€24,922below the sector's middle half-€29,812below the sector's middle half€432below the sector's middle half
Solvency46.4%within the sector's middle half-1.8%below the sector's middle half▼ 44.6pp0.8%below the sector's middle half▼ 1.0pp-0.2%below the sector's middle half▼ 1.0pp
Current ratio0.19below the sector's middle half-2.42within the sector's middle half▲ 2.220.17below the sector's middle half▼ 2.256.99above the sector's middle half▲ 6.82
Return on assets (ROA)-3.0%below the sector's middle half--0.6%below the sector's middle half▲ 2.4pp-0.9%below the sector's middle half▼ 0.4pp-1.0%below the sector's middle half▼ 0.1pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2022: -€132-€132Net result 2022: -€373-€373Operating result 2023: -€1,282-€1,282Net result 2023: -€1,390-€1,390Operating result 2024: -€2,285-€2,285Net result 2024: -€2,396-€2,396Operating result 2025: -€2,538-€2,538Net result 2025: -€2,651-€2,6512022202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€1,282-€1,280Net result 2023: -€1,390-€1,390Operating result 2024: -€2,285-€2,280Net result 2024: -€2,396-€2,400Operating result 2025: -€2,538-€2,540Net result 2025: -€2,651-€2,650202320242025
The operating result stays negative: a loss of €2,538 in 2025 against €2,285 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €263,955
Fixed assets €263,451 ▲ 6.6%
Current assets €504 ▼ 91.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,282▼
2024 · -€2,029
Cash flow
-€2,395▼
2024 · -€2,141
Interest coverage
-20.23▼
2024 · -18.22
Debt ≤ 1 year
€72▼
2024 · €35,959
Debt > 1 year
€240,423▲
2024 · €204,230
Equity ratios withheld: equity of -€610 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€253,984€264,466▲
Formation expenses20€766€511▼
Fixed assets21/28€247,071€263,451▲
Intangible fixed assets21€247,071€263,451▲
Current assets29/58€6,147€504▼
Amounts receivable within one year40/41€6,147€504▼
Trade receivables40-€500
Other amounts receivable41€6,147€4▼
Equity and liabilities
Total equity and liabilities10/49€253,984€264,466▲
Equity10/15€2,041-€610▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€4,159-€6,810▼
Amounts payable17/49€251,943€265,075▲
Amounts payable after more than one year17€204,230€240,423▲
Other amounts payable178/9€204,230€240,423▲
Amounts payable within one year42/48€35,959€72▼
Trade debts44€35,959€72▼
Suppliers440/4€35,959€72▼
Accrued charges and deferred income492/3€11,754€24,580▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255€255=
Other operating charges640/8€288€607▲
Gross operating margin9900-€1,741-€1,675▲
Operating profit (loss)9901-€2,285-€2,538▼
Financial charges65/66B€111€113▲
Recurring financial charges65€111€113▲
Profit (loss) for the period before taxes9903-€2,396-€2,651▼
Profit (loss) for the period9904-€2,396-€2,651▼
Profit (loss) for the period to be appropriated9905-€2,396-€2,651▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,159-€6,810▼
Profit (loss) brought forward from the previous period14P-€1,763-€4,159▼
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.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€255€255€255=
Other operating charges640/8-€7,116€288€607▲ 111%
Gross operating margin9900-€132€6,089-€1,741-€1,675▲ 3.8%
Operating profit (loss)9901-€132-€1,282-€2,285-€2,538▼ 11.1%
Financial income75/76B€75€0---
Recurring financial income75€75€0---
Financial charges65/66B€316€107€111€113▲ 1.3%
Recurring financial charges65€316€107€111€113▲ 1.3%
Profit (loss) for the period before taxes9903-€373-€1,390-€2,396-€2,651▼ 10.6%
Profit (loss) for the period9904-€373-€1,390-€2,396-€2,651▼ 10.6%
Profit (loss) for the period to be appropriated9905-€373-€1,390-€2,396-€2,651▼ 10.6%
Line2022202320242025Change
Assets
Total assets20/58€12,546€245,612€253,984€264,466▲ 4.1%
Formation expenses20€1,277€1,022€766€511▼ 33.3%
Fixed assets21/28€9,975€202,070€247,071€263,451▲ 6.6%
Intangible fixed assets21€7,007€202,070€247,071€263,451▲ 6.6%
Financial fixed assets28€2,967€0---
Current assets29/58€1,294€42,521€6,147€504▼ 91.8%
Amounts receivable within one year40/41€1,220€42,521€6,147€504▼ 91.8%
Trade receivables40---€500-
Other amounts receivable41€1,220€42,521€6,147€4▼ 99.9%
Deferred charges and accrued income490/1€75€0---
Equity and liabilities
Total equity and liabilities10/49€12,546€245,612€253,984€264,466▲ 4.1%
Equity10/15€5,827€4,437€2,041-€610▼ 130%
Contributions10/11€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€373-€1,763-€4,159-€6,810▼ 63.7%
Amounts payable17/49€6,719€241,175€251,943€265,075▲ 5.2%
Amounts payable after more than one year17-€223,385€204,230€240,423▲ 17.7%
Other amounts payable178/9-€223,385€204,230€240,423▲ 17.7%
Amounts payable within one year42/48€6,719€17,599€35,959€72▼ 99.8%
Trade debts44€6,719€17,599€35,959€72▼ 99.8%
Suppliers440/4€6,719€17,599€35,959€72▼ 99.8%
Accrued charges and deferred income492/3-€191€11,754€24,580▲ 109%
Line2022202320242025Change
Profit (loss) for the period9904-€373-€1,390-€2,396-€2,651▼ 10.6%
+ Depreciation and write-downs630-€255€255€255=
Operating cash flow (approximation)-€373-€1,134-€2,141-€2,395▼ 11.9%
Investment in fixed assets (approximation)--€192,351-€45,256-€16,635▲ 63.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€2,651
Net result drops to -€2,651, the lowest in the series.
31-12
Financial Liquidity times 41current ratio 6.99
Current ratio from 0.17 to 6.99; short-term debt falls from €35,959 to €72.
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 13current ratio 2.42
Current ratio from 0.19 to 2.42.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · 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 2022
seat establishment The establishment unit on the map
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 92
Borsbeeksebrug 22, 2600 AntwerpenManufacture of machinery and equipment not elsewhere classified
since 20222.331.600.579
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.

Structure & network

Part of the group STORM GROUP 69 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. STORM GROUP 99.99%
  2. STORM MANAGEMENT 100%
  3. Storm 92

Highest known parent: STORM GROUP. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,823 companies in sector 42220 we hold annual accounts for 957. 195 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
Founded25-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
Contact
Website www.storm.be
E-mail info@storm.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0786556172
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.