Turnover
≈ €74,000 estimated
The accounts state no turnover.
Stut
Lifetime
8 annual accounts with figures on one time axispeak €56,217 (2018)
€45,149▲ 9.9%
lowest -€8,270 (2021)
€3,756▼ 3.3%
peak €41,371 (2025)
€41,371▲ 10.0%
€278,302▼ 5.2%
peak 0.3 FTE (2020)
-not published
Board1 name since 2017
1 directorVERBRUGGEN Thomas
Documentsfilings and deeds
02-12-202560 days before the deadline
2025micro format
Cash from €941 to €9,000
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 46% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.6%▲ +0.3 percentage points vs 12-2024highest value
02-2025: 0.5%▼ -0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.4%▼ -0.1 percentage points vs 11-2025
01-2026: 0.3%▼ -0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.2%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.16, cash €9,000
Equity €41,371 (12.9% of total assets)
lowers risk
Size: total assets €319,673
Sector: Real estate activities (NACE 68)
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 68, micro). It does better than 34% of them on solvency, 36% on liquidity, 48% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as Stut has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Stut itself is lower: 0.2% within 12 months. It rests on far more data about Stut than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for Stut. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.16 (0.09 in 2024), below 1. Short-term debt is 27.6% and cash 2.8% of total assets. 87.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 days early
2024
59 days early
2023
56 days early
2022
47 days early
2021
23 days early
2020
52 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675629942
Company renamed from S-BUILDINGS to Stut
Appointment: VERBRUGGEN Thomas (director) · “Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de bouw,de…” (deed in Dutch) · General meeting of 29-03-2023 · Gazette deed
Registered office moved from Herselt to Berchem
New registered office: Mercuriusstraat 16 te 2600 Berchem · Previous registered office: Broekstraat 1 te 2230 Herselt · General meeting of 21-08-2018 · Gazette deed
Incorporation
published on 15-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Stut Antwerp | €319,673 | €45,149 | 12.9% | - |
| BJ Invest Kontich | €335,898 | €38,678 | 6.2% | - |
| Rommeshoef Patrimonium Beheer Essen | €374,230 | €39,712 | 3.0% | - |
| LENSIMMO Aartselaar | €351,529 | €56,797 | 73.1% | - |
| Total Care Schoten | €282,226 | €46,443 | 8.1% | - |
| NEXT LEVEL VASTGOED Lochristi | €338,370 | €42,366 | 11.0% | - |
| Giloneti Peer | €340,390 | €42,929 | -1.1% | - |
These companies have the same main activity as Stut: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €282,000 and €374,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 11-05-2017Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 4 others
- Establishment unit
- 2.264.380.0742230 Herselt, since 11-05-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 08-12-2025
Annual accounts to 30-06-2025
- €319,673▼ 3.5%
- Filing
- Filed on 02-12-2025, 60 days before the end of the filing period
Insights on Stut
Stut files the micro format. That format states no turnover. The gross margin fell from €56,217 in 2018 to €45,149 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Stut
- What is the company number of Stut?
- The company number of Stut is 0675.629.942. The VAT number is the same number with BE in front: BE 0675.629.942.
- Where is Stut based?
- The registered office is at Mercuriusstraat 16, 2600 Antwerp.Company details
- What does Stut do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Stut?
- Stut is a private limited company (BV).
- When was Stut founded?
- Stut was founded on 11-05-2017.
- Is Stut still active?
- Yes, Stut is an active enterprise in the KBO register.
- How many employees does Stut have?
- Stut had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of Stut?
- The turnover in financial year 2025 is ≈ €74,000. This figure is estimated from the gross margin of €45,149 and 51 comparable companies (NACE 682). It probably lies between €55,000 and €110,000.
- Is Stut profitable?
- In financial year 2025, Stut made a profit of €3,756.
- Where can I find the annual accounts of Stut?
- Stut filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Stut due?
- Stut must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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