STORM 102
ActiveSummary
The computed 12-month bankruptcy probability of STORM 102 is 2.6% (moderate). The 2025 annual accounts show negative equity (€-1.35M) and a net result of €-4.77M. Its solvency ranks better than 5% of 297 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-96
Growth32
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 3.49 in 2024; short-term debt: 226.9% and cash: 8.6% of total assets), and equity is negative.
Credit check 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 · 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 · 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
-136.3%
Return on assets
-482.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-1.35M
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 d early
2024
36 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4.77M▼ 80.6%
2024 · €-2.64M
2024: €-2.64M
2024 → 2025
Working capital
€-1.26M
2024 · €3.43M
2024: €3.43M
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€3.42M-€-1.35M
Operating result€-2.60M-€-4.73M▼ 81.7%
Net result€-2.64M-€-4.77M▼ 80.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4.73M in 2025 against €2.60M in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €987k
Fixed assets
€6k ▼ 38.2%
Current assets
€981k ▼ 79.6%
Key figures and ratios
EBITDA
€-4.73M▼
2024 · €-2.60M
Cash flow
€-4.76M▼
2024 · €-2.64M
Solvency
-136.3%▼
2024 · 71.1%
Current ratio
0.44▼
2024 · 3.49
Quick ratio
0.26▼
2024 · 2.46
Debt to equity
-1.67▼
2024 · 0.41
ROA
-482.9%▼
2024 · -54.9%
Interest coverage
-143.10▼
2024 · -78.65
Debt
€2.25M▲
2024 · €1.39M
Debt ≤ 1 year
€2.24M▲
2024 · €1.37M
Income taxes
€2k▼
2024 · €3k
Staff costs
€1.55M▼
2024 · €1.98M
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.81M€987k▼
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€9k€6k▼
Furniture and vehicles24€9k€6k▼
Current assets29/58€4.80M€981k▼
Amounts receivable after more than one year29€762k€255k▼
Other amounts receivable291€762k€255k▼
Stocks and contracts in progress3€1.42M€400k▼
Contracts in progress37€1.42M€400k▼
Amounts receivable within one year40/41€547k€229k▼
Trade receivables40€370k€173k▼
Other amounts receivable41€178k€56k▼
Cash at bank and in hand54/58€2.05M€84k▼
Deferred charges and accrued income490/1€19k€13k▼
Equity and liabilities
Total equity and liabilities10/49€4.81M€987k▼
Equity10/15€3.42M€-1.35M▼
Contributions10/11€6.06M€6.06M=
Capital10€6.06M€6.06M=
Issued capital100€6.06M€6.06M=
Profit (loss) carried forward14€-2.64M€-7.41M▼
Provisions and deferred taxes16-€82k
Provisions for liabilities and charges160/5-€82k
Other liabilities and charges164/5-€82k
Amounts payable17/49€1.39M€2.25M▲
Amounts payable within one year42/48€1.37M€2.24M▲
Trade debts44€1.14M€479k▼
Suppliers440/4€1.14M€479k▼
Taxes, remuneration and social security45€239k€166k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€236k€164k▼
Other amounts payable47/48-€1.59M
Accrued charges and deferred income492/3€14k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.98M€1.55M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€82k
Other operating charges640/8€1k€17k▲
Gross operating margin9900€-613k€-3.08M▼
Operating profit (loss)9901€-2.60M€-4.73M▼
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€33k€33k=
Recurring financial charges65€33k€33k=
Profit (loss) for the period before taxes9903€-2.64M€-4.76M▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-2.64M€-4.77M▼
Profit (loss) for the period to be appropriated9905€-2.64M€-4.77M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.64M€-7.41M▼
Profit (loss) brought forward from the previous period14P-€-2.64M
Social balance
Average headcount (FTE)908711.913.9▲
The notes to these accounts (6 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
10 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, Antwerpen · 1 establishment unit since 2023
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.
Borsbeeksebrug 222600 AntwerpenGround area
2.4 ha
Building footprint
2,699 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
1 establishment unit
STORM 102
since 20232.345.423.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,699 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.
Similar companies · same sector, comparable size
S.A. ETABLISSEMENTS LEON CROSSET
BE 0434.775.279
Welkenraedt · Eq €3,468,775
All Professional Services
BE 0447.378.252
Merelbeke-Melle · Eq €3,361,736
Citymesh Safety Drones
BE 0644.634.482
Sint-Truiden · Eq €3,329,397
ETABLISSEMENTS JACOBS SA
BE 0404.421.704
Awans · Eq €3,523,029
Technogas
BE 0405.997.458
Mortsel · Eq €3,524,821
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 238 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 formPublic limited company
Founded25-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.