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STEENO

Active
Public limited companyfounded 1973active for 52 yearsVoldersstraat(Onk) 18, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0413.788.538
Summary

STEENO has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of -€25,365. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 61% of 383 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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STEENOActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28300
2nd oldest company in Geraardsbergen, Manufacturing sector1 site
Size
€10.8mtotal assets 2025
Staff
28.1 FTE
Equity
€5.3m
Loss
-€25,365
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Board
4 members
2025 accounts filed 25 days late2 of 6 deeds summarised
Why 88raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.81, cash €2.0mFounded in 1973Figures for financial year 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 28, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 74-11
equity 49.1% of total assets
Liquidity 53+8
short-term debt 41.3% · cash 18.4%
Profitability 60+18
return on assets -0.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.2 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €460,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.81, compared with 2.15 in 2024, above the usual 1.5; short-term debt: 41.3% and cash: 18.4% of total assets), but 50.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, small): better than 57% on solvency, 66% on liquidity, 36% on profitability and 32% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.81, cash €2.0m
NBB · annual accounts
lowers risk · Founded in 1973
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 25-08-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
30 days early
2023
40 days early
2022
13 days early
2021
25 days late
2020
43 days early
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 July (5 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representative: Iris CarsauRegistered-office move · Power of…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €87,426 in 2024 -€25,365 View
  • Positive: 2nd oldest company in Geraardsbergen, Manufacturing sectorin the Checked rankings No. 2 View
  • Active since 1973founded 27-12-1973 52 years View

By topic

Financials

Financial year
2025
Total assets
€10.8m
Loss
-€25,365
Solvency
49.1%
Total assets▲ 21.0%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
  • Vandesteene JoostChair
  • Vandesteene BartDirector
  • Vandesteene FilipDirector
  • Vandesteene PaulDirector
Go to Board & ownership

Timeline

Events
56
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 30-12-2024Reappointments: Vandesteene Renaat, Vandesteene Paul and 3…
  3. 21-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28300
Founded
27-12-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about STEENO

What is the company number of STEENO?
0413.788.538. In Belgium the VAT number is the company number with BE in front: BE 0413.788.538.
Where is STEENO based?
The registered office is at Voldersstraat(Onk) 18, 9500 Geraardsbergen.Company details
What does STEENO do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28300).
What is the legal form of STEENO?
Public limited company (NV).
When was STEENO founded?
On 27-12-1973.
Is STEENO still active?
Yes, STEENO is an active enterprise in the KBO register.
How many employees does STEENO have?
On average 28.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STEENO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is STEENO profitable?
In financial year 2025, STEENO made a loss of €25,365.
Where can I find the annual accounts of STEENO?
STEENO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STEENO due?
By 31-07-2027, for financial year 2026.Timeline

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