STUBER DESIGN
ActiveSummary
The computed 12-month bankruptcy probability of STUBER DESIGN is 1.6% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-2k. Equity is shrinking by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 27786 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency1▼-16
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.87 in 2024; short-term debt: 124.3% and cash: 13.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
-24.3%
Return on assets
-12.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
24 d early
2023
47 d early
2022
40 d early
2021
11 d early
2020
9 d early
2019
17 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k▼ 114%
2024 · €-2k
2018: €20k
2019: €28k
2020: €21k
2021: €20k
2022: €20k
2023: €8k
2024: €-2k
2018 → 2025
Total assets
€14k▼ 30.0%
2024 · €19k
2018: €63k
2019: €61k
2020: €55k
2021: €50k
2022: €42k
2023: €24k
2024: €19k
2018 → 2025
Net result
€-2k▲ 81.2%
2024 · €-9k
2018: €-17k
2019: €8k
2020: €-7k
2021: €-1k
2022: €242
2023: €-12k
2024: €-9k
2018 → 2025
Working capital
€-4k▼ 62.9%
2024 · €-3k
2018: €10k
2019: €24k
2020: €17k
2021: €16k
2022: €19k
2023: €6k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€20k▲ 1.2%€8k▼ 61.3%€-2k€-3k▼ 114%
Operating result€-50-€1k€-11k€-9k▲ 24.0%€-923▲ 89.3%
Net result€-1k-€242€-12k€-9k▲ 24.2%€-2k▲ 81.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €923 in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€1k ▼ 3.0%
Current assets
€12k ▼ 31.8%
Key figures and ratios
EBITDA
€-200▲
2024 · €-8k
Cash flow
€-1k▲
2024 · €-9k
Solvency
-24.3%▼
2024 · -8.0%
Current ratio
0.74▼
2024 · 0.87
Quick ratio
0.56▼
2024 · 0.75
Debt to equity
-5.12▲
2024 · -13.56
ROA
-12.9%▲
2024 · -48.2%
Interest coverage
-0.24▲
2024 · -12.94
Debt
€17k▼
2024 · €21k
Debt ≤ 1 year
€17k▼
2024 · €21k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€14k▼
Formation expenses20€0€0=
Fixed assets21/28€1k€1k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€969€934▼
Land and buildings22€0€0=
Plant, machinery and equipment23€969€441▼
Furniture and vehicles24€0€492▲
Financial fixed assets28€210€210=
Current assets29/58€18k€12k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€19k€14k▼
Equity10/15€-2k€-3k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-10k€-11k▼
Amounts payable17/49€21k€17k▼
Amounts payable within one year42/48€21k€17k▼
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€1k€768▼
Taxes450/3€1k€768▼
Other amounts payable47/48€7k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€14k€47▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€528€723▲
Other operating charges640/8€599€506▼
Non-recurring operating charges66A€683€225▼
Gross operating margin9900€-7k€531▲
Operating profit (loss)9901€-9k€-923▲
Financial income75/76B€9€20▲
Recurring financial income75€9€20▲
Financial charges65/66B€628€841▲
Recurring financial charges65€628€841▲
Profit (loss) for the period before taxes9903€-9k€-2k▲
Income taxes67/77€11-
Profit (loss) for the period9904€-9k€-2k▲
Profit (loss) for the period to be appropriated9905€-9k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-11k▼
Profit (loss) brought forward from the previous period14P€-307€-10k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €242
Net result €242 after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Aywaille · 1 establishment unit since 2010
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.
Sur les Haies 134920 AywailleGround area
1,522 m²
Building footprint
133 m²
Parcel 62009A1362/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
STUBER FRERES
since 20102.187.469.566
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62009A1362/00L000 | Wallonia | 1,522 m² | 1 · 133 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 2,151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.