Storm 98
ActiveThe computed 12-month bankruptcy probability of Storm 98 is 2.9% (moderate). The annual accounts of Storm 98 for fiscal year 2024 show a net loss of 52% of total assets. The 2024 annual accounts show equity of €3k and a net result of €-2k. Equity is shrinking by ~34.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 81% 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
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency93▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
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 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 2024Age of the figures
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 →
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▼ 43.5%
2023 · €5k
2022: €6k
2023: €5k
2022 → 2024
Total assets
€4k▼ 16.3%
2023 · €5k
2022: €6k
2023: €5k
2022 → 2024
Net result
€-2k▼ 73.1%
2023 · €-1k
2022: €-358
2023: €-1k
2022 → 2024
Working capital
€-552
2023 · €525
2022: €350
2023: €525
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€6k-€5k▼ 20.1%€3k▼ 43.5%
Operating result€-132-€-1k▼ 870%€-2k▼ 62.0%
Net result€-358-€-1k▼ 227%€-2k▼ 73.1%
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 €3k
Fixed assets
€2k▼ 22.3%
Current assets
€717▲ 36.6%
Equity and liabilities €4k
Equity
€3k
Debt
€1k
Debt finances 32.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€-2k▼
2023 · €-1k
Cash flow
€-2k▼
2023 · €-917
Interest coverage
-16.36▼
2023 · -9.58
Debt
€1k▲
2023 · €0
Debt ≤ 1 year
€1k▲
2023 · €0
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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€4k▼
Formation expenses20€1k€766▼
Fixed assets21/28€3k€2k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€525€717▲
Amounts receivable within one year40/41€218€251▲
Other amounts receivable41€218€251▲
Deferred charges and accrued income490/1€307€466▲
Equity and liabilities
Total equity and liabilities10/49€5k€4k▼
Equity10/15€5k€3k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-2k€-4k▼
Amounts payable17/49€0€1k▲
Amounts payable within one year42/48€0€1k▲
Trade debts44€0€1k▲
Suppliers440/4€0€1k▲
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€217€159▼
Recurring financial income75€217€159▼
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€-358€-2k▼
The notes to these accounts (6 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 98
since 20222.332.307.491
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 99
BE 0787.333.459
Antwerpen · Eq €3k
Storm 97
BE 0787.329.697
Antwerpen · Eq €3k
Storm 101
BE 0787.336.825
Antwerpen · Eq €3k
Storm 94
BE 0786.564.090
Antwerpen · Eq €3k
SARCON
BE 1011.607.654
Anderlecht · Eq €2k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 235 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 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.storm.be
E-mail:info@storm.be