STM GROUP
ActiveSummary
The computed 12-month bankruptcy probability of STM GROUP is 3.0% (moderate). The 2025 annual accounts show equity of €42k and a net result of €17k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 7453 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+7
Solvency53▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.17 in 2024; short-term debt: 69.7% and cash: 2.8% of total assets), and 71.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.2%
Return on assets
11.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
21 d late
2024
29 d late
2023
20 d early
2022
32 d late
2021
35 d late
2020
48 d late
2019
46 d late
← 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
Turnover
€68k
EBIT margin
8.4%
Net result
€17k▲ 143%
2024 · €7k
2019: €4k
2020: €5k
2021: €4k
2022: €5k
2023: €-6k
2024: €7k
2019 → 2025
Working capital
€32k▲ 134%
2024 · €14k
2019: €10k
2020: €15k
2021: €17k
2022: €3k
2023: €3k
2024: €14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€25k▲ 25.2%€19k▼ 23.1%€26k▲ 36.3%€42k▲ 64.7%
Operating result€6k-€7k▲ 29.0%€-5k€9k€22k▲ 129%
Net result€4k-€5k▲ 16.8%€-6k€7k€17k▲ 143%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 129% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€13k ▼ 29.0%
Current assets
€137k ▲ 46.0%
Equity and liabilities €150k
Equity
€42k ▲ 64.7%
Debt
€108k ▲ 24.2%
Debt's share of the balance-sheet total falls from 77.2% to 71.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €17k
Cash flow
€23k▲
2024 · €15k
Current ratio
1.31▲
2024 · 1.17
Debt to equity
2.55▼
2024 · 3.38
ROE
39.3%▲
2024 · 26.6%
ROA
11.1%▲
2024 · 6.1%
Interest coverage
64.07▲
2024 · 11.49
Debt ≤ 1 year
€105k▲
2024 · €80k
Debt > 1 year
€3k▼
2024 · €7k
Income taxes
€5k▲
2024 · €1k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€150k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€234-
Furniture and vehicles24€18k€13k▼
Financial fixed assets28€315€315=
Current assets29/58€94k€137k▲
Amounts receivable within one year40/41€91k€131k▲
Trade receivables40€85k€131k▲
Other amounts receivable41€5k€773▼
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€113k€150k▲
Equity10/15€26k€42k▲
Contributions10/11€6k€6k=
Reserves13€459€459=
Non-distributable reserves130/1€459€459=
Reserves not available under the articles1311€459€459=
Profit (loss) carried forward14€19k€36k▲
Amounts payable17/49€87k€108k▲
Amounts payable after more than one year17€7k€3k▼
Financial debts170/4€7k€3k▼
Amounts payable within one year42/48€80k€105k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€69k€90k▲
Suppliers440/4€69k€90k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€592€2k▲
Other amounts payable47/48€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€2k€951▼
Gross operating margin9900€19k€29k▲
Operating profit (loss)9901€9k€22k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€444▼
Recurring financial charges65€2k€444▼
Profit (loss) for the period before taxes9903€8k€21k▲
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€7k€17k▲
Profit (loss) for the period to be appropriated9905€7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€36k▲
Profit (loss) brought forward from the previous period14P€12k€19k▲
The notes to these accounts (7 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2019net €17k ▲143%
Operating result €22k, net result €17k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k ▼215%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
04-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 35 days late
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2018
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.
Louizalaan 2511050 ElseneGround area
2,397 m²
Building footprint
1,788 m²
Volume, LiDAR
49,105 m³
2 parcels, Brussels, Flanders · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
STM GROUP
since 20182.282.489.281
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
| 23095B0212/00T002 | Flanders | 823 m² | 1 · 208 m² | 17.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0842.667.803
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Steemans
BE 0733.949.015
Tielt-Winge · Eq €42,097
S&Z
BE 0677.773.840
Heusden-Zolder · Eq €42,613
MC BOUWWERKEN
BE 0599.936.585
Aalst · Eq €41,982
KATELIJNE
BE 0890.308.362
Oostkamp · Eq €42,832
Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 689 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
Founded05-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
43120Site preparation
46130Agents in the wholesale of timber and building materials
47521Retail sale of hardware, building materials, paint and glass (general range)
81210General cleaning of buildings
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.