STEDEC M

Active

Private limited companyfounded 20215 yrs activeWateringstraat 1, 8433 Middelkerke, BelgiumKBO/BCE: BE 0772.395.558

STEDEC M is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €26k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 7962 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Signals

Three signals. The signal on the left, the evidence on the right.

○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 13-05-2026, 79 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

79 d early

2024

139 d early

2023

124 d early

2022

143 d early

2021

62 d early

← before the deadline after the deadline →

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 months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€26k▲ 196%

2024 · €9k

2021: €20k 2022: €45k 2023: €60k 2024: €9k

2021 → 2025

Net result

€17k▼ 18.9%

2024 · €21k

2021: €15k 2022: €25k 2023: €14k 2024: €21k

2021 → 2025

Total assets

€49k▼ 22.3%

2024 · €63k

2021: €43k 2022: €74k 2023: €75k 2024: €63k

2021 → 2025

Solvency

52.8%▲ 38.9pp

2024 · 13.9%

2021: 46.9% 2022: 61.3% 2023: 79.8% 2024: 13.9%

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€20k-€45k▲ 127%€60k▲ 31.5%€9k▼ 85.3%€26k▲ 196%

Operating result€19k-€35k▲ 82.3%€19k▼ 45.2%€29k▲ 49.5%€26k▼ 7.8%

Net result€15k-€25k▲ 69.8%€14k▼ 43.7%€21k▲ 47.8%€17k▼ 18.9%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 8% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €49k

98.3%

Fixed assets €858▼ 25.7%

Current assets €48k▼ 22.2%

Equity and liabilities €49k

52.8%

47.2%

Equity €26k▲ 196%

Debt €23k▼ 57.4%

The debt ratio falls from 86.1% to 47.2%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

Solvency

52.8%▲

2024 · 13.9%

ROE

66.2%▼

2024 · 241.3%

ROA

34.9%▲

2024 · 33.5%

Debt

€23k▼

2024 · €54k

Debt ≤ 1 year

€23k▼

2024 · €54k

Income taxes

€7k▼

2024 · €8k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€63k€49k▼

Fixed assets21/28€1k€858▼

Tangible fixed assets22/27€1k€858▼

Plant, machinery and equipment23€1k€858▼

Current assets29/58€62k€48k▼

Amounts receivable within one year40/41€26k€29k▲

Trade receivables40€0€12k▲

Other amounts receivable41€26k€17k▼

Cash at bank and in hand54/58€14k€2k▼

Deferred charges and accrued income490/1€22k€18k▼

Equity and liabilities

Total equity and liabilities10/49€63k€49k▼

Equity10/15€9k€26k▲

Contributions10/11€5k€5k=

Reserves13€4k€21k▲

Distributable reserves133€4k€21k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€54k€23k▼

Amounts payable within one year42/48€54k€23k▼

Trade debts44€783€1k▲

Suppliers440/4€783€1k▲

Taxes, remuneration and social security45€7k€7k▼

Taxes450/3€7k€7k▼

Other amounts payable47/48€47k€15k▼

Income statement Code20242025

Non-recurring operating income76A€776€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€297€297=

Other operating charges640/8€1k€784▼

Gross operating margin9900€30k€27k▼

Operating profit (loss)9901€29k€26k▼

Financial income75/76B€2k€848▼

Recurring financial income75€2k€848▼

Financial charges65/66B€1k€3k▲

Recurring financial charges65€1k€3k▲

Profit (loss) for the period before taxes9903€29k€24k▼

Income taxes67/77€8k€7k▼

Profit (loss) for the period9904€21k€17k▼

Profit (loss) for the period to be appropriated9905€21k€17k▼

Appropriation of the result

Profit (loss) to be appropriated9906€21k€17k▼

Transfer from equity791/2€51k€0▼

Transfer to equity691/2€0€17k▲

To other reserves6921€0€17k▲

Profit to be distributed694/7€72k€0▼

Return on contributions (dividend)694€72k€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Gazette 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-07

State Gazette act General meeting · Director appointment

Permanent representative

13-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

14-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €14k ▼43.7%

Net result drops to €14k, the lowest in the series; recovery starts the following year.

10-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €25k ▲69.8%

Operating result €35k, net result €25k, both a record.

30-05

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneState Gazette actNBB 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, Middelkerke · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Wateringstraat 18433 Middelkerke

Ground area

1,573 m²

Building footprint

195 m²

Parcel 35018A0457/00L000, Flanders. Linked by address, not a title deed.

1 establishment unit

STEDEC M

Wateringstraat 1, 8433 MiddelkerkeHoldings

since 20212.320.478.342

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35018A0457/00L000	Flanders	1,573 m²	1 · 195 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.

Structure & network

Ownership & control

1 party

STEDEC MBE 0772.395.558

controls

Where this company holds controlthis company sits on their board1

DIEMA'S BOERENBROOD

14 locations

Similar companies · same sector, comparable size

Sint-Katelijne-Waver · Eq €26k

Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 8,271 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-08-2021

Fiscal year end31-12

Activities, NACEBEL

64200Holdings

64210Activities of holding companies

70100Activities of head offices

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.