Storm 97
ActiveThe computed 12-month bankruptcy probability of Storm 97 is 2.6% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-2k. Equity is shrinking by ~34.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 493 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▲+13
Solvency31▼-69
Growth32=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.16; short-term debt: 94.3% of total assets), and 94.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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 2024Solvency, return and age of the figures
Solvency
5.7%
Return on assets
-4.6%
Age of the figures
21 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
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 493 sector peers (2024).
NBB · sector comparisonPosition among 493 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
33 d early
2022
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€3k▼ 44.5%
2023 · €5k
2022: €6k
2023: €5k
2022 → 2024
Total assets
€46k▲ 875%
2023 · €5k
2022: €6k
2023: €5k
2022 → 2024
Net result
€-2k▼ 78.1%
2023 · €-1k
2022: €-338
2023: €-1k
2022 → 2024
Working capital
€-36k
2023 · €526
2022: €347
2023: €526
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€6k-€5k▼ 20.0%€3k▼ 44.5%
Operating result€-132-€-1k▼ 870%€-2k▼ 66.5%
Net result€-338-€-1k▼ 247%€-2k▼ 78.1%
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 2024 against €1k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€38k▲ 1,116%
Current assets
€7k▲ 1,184%
Equity and liabilities €46k
Equity
€3k
Debt
€43k
Debt finances 94.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€-2k▼
2023 · €-1k
Cash flow
€-2k▼
2023 · €-916
Solvency
5.7%
Current ratio
0.16
Quick ratio
0.16
Debt / equity
16.57
ROE
-80.2%
ROA
-4.6%
Interest coverage
-16.88▼
2023 · -9.58
Debt
€43k▲
2023 · €0
Debt ≤ 1 year
€43k▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€46k▲
Formation expenses20€1k€766▼
Fixed assets21/28€3k€38k▲
Intangible fixed assets21-€36k
Financial fixed assets28€3k€2k▼
Current assets29/58€526€7k▲
Amounts receivable within one year40/41€218€6k▲
Other amounts receivable41€218€6k▲
Deferred charges and accrued income490/1€308€468▲
Equity and liabilities
Total equity and liabilities10/49€5k€46k▲
Equity10/15€5k€3k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-2k€-4k▼
Amounts payable17/49€0€43k▲
Amounts payable within one year42/48€0€43k▲
Trade debts44€0€43k▲
Suppliers440/4€0€43k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255€255=
Other operating charges640/8€109€288▲
Gross operating margin9900€-918€-2k▼
Operating profit (loss)9901€-1k€-2k▼
Financial income75/76B€218€160▼
Recurring financial income75€218€160▼
Financial charges65/66B€107€111▲
Recurring financial charges65€107€111▲
Profit (loss) for the period before taxes9903€-1k€-2k▼
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Profit (loss) brought forward from the previous period14P€-338€-2k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
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.
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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Borsbeeksebrug 222600 AntwerpenGround area
2.4 ha
Building footprint
2,699 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
1 establishment unit
Storm 97
since 20222.332.306.008
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
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Storm 101
BE 0787.336.825
Antwerpen · Eq €3k
Storm 98
BE 0787.331.875
Antwerpen · Eq €3k
Storm 94
BE 0786.564.090
Antwerpen · Eq €3k
Storm 99
BE 0787.333.459
Antwerpen · Eq €3k
SARCON
BE 1011.607.654
Anderlecht · Eq €2k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2022
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.