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Storm 98

Active
Private limited companyfounded 2022active for 4 yearsBorsbeeksebrug 22, 2600 Antwerpen, BelgiumKBO/BCE: BE 0787.331.875
Summary

The computed 12-month bankruptcy probability of Storm 98 is 2.3% (moderate). The 2025 annual accounts show negative equity (-€11) and a net result of -€2,651. Equity has been shrinking by about 54% per year since 2022. Its solvency ranks better than 10% of 526 sector peers (NACE 42, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-06-2022 Normal situation
Registered office
177 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Construction of utility projects for electricity and telecommunications NACE 42220
Establishment unit
2.332.307.491 2600 Antwerpen, since 16-06-2022
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Board and ownership

Board
  • STORM MANAGEMENTDirector · since 16-06-2022 · permanent representative Jan CAERTS
Shareholders

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
-€1,675
▼ 9.2%
Loss
€2,651
▲ 30.6%
Equity
-€11
Total assets
€19,407
▲ 396%
  • Negative equity on 31-12-2025
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 6.52Founded in 2022Negative equity -€11lowers riskSize: total assets €19,407Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Weak
Solvency 25-68
equity -0.1% of total assets
Liquidity 100+28
short-term debt 0.4%
Profitability 2+2
return on assets -13.7%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 1.9%▼ -0.1 percentage points vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 2.0%▲ +0.1 percentage points vs 12-2025 02-2026: 1.7%▼ -0.3 percentage points vs 01-2026lowest value 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.1 percentage points vs 07-2026 09-2026: 2.0%▲ +0.1 percentage points vs 08-2026 10-2026: 2.3%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 2.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 6.52, above the usual 1.5. Short-term debt is 0.4% of total assets. However, equity is negative.
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 42, micro). It does better than 9% of them on solvency, 98% on liquidity, 10% on profitability and 5% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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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 · Liquidity: current ratio 6.52
NBB · annual accounts
lowers risk · Size: total assets €19,407
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€11
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
22232425
2022 to 2025 · latest year -€11
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 · 4 filings
Deviation from the deadline
2025
50 days early
2024
42 days early
2023
33 days early
2022
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 43 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 18 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€11 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€2,651 View
  • Caution: Lower solvency than 90% of companies in civil engineeringsector median 38.5% · 526 companies -0.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed IncorporationStarting capital €6,200 · Appointment: STORM MANAGEMENT (director) · Permanent representative: Jan CAERTS
All 7 events

Companies linked to Storm 98

Comparable companies

These companies have the same main activity as Storm 98: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €15,800 and €26,200, founded between 2020 and 2024.

CompanyTotal assetsGross margin
Storm 98 Antwerpen€19,407-€1,675
Infra Active Mechelen€15,765-€4,278
MKH Solutions Antwerpen€26,170-€20,038
YY ELECTRO Antwerpen€17,344-€124
MF-technics Antwerpen€22,628€596
Ismail Group Lokeren€17,648-€4,746
Spoele's groenten en fruit Zele€21,606-€882
Full comparison

Key facts about Storm 98

What is the company number of Storm 98?
The company number of Storm 98 is 0787.331.875. The VAT number is the same number with BE in front: BE 0787.331.875.
Where is Storm 98 based?
The registered office is at Borsbeeksebrug 22, 2600 Antwerpen.Company details
What does Storm 98 do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of Storm 98?
The legal form of Storm 98 is Private limited company (BV).
When was Storm 98 founded?
Storm 98 was founded on 16-06-2022.
Is Storm 98 still active?
Yes, Storm 98 is an active enterprise in the KBO register.
What is the turnover of Storm 98?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is Storm 98 profitable?
In financial year 2025, Storm 98 made a loss of €2,651.
Where can I find the annual accounts of Storm 98?
Storm 98 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Storm 98 due?
Storm 98 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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