Checked.be
Active
BE 0840.446.602Private limited company
STUMA
Suskesstraat(Vechm.) 19 ·3870 Heers, Belgium· 14 yrs active
Sector: Urban planning and landscape architecture
(71113)
Conclusion
STUMA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €635k and a net result of €65k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 95% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €635k |
| Net result | €65k |
| Better than sector | 95% |
| Active | 14 yrs |
Financial profile
75
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
90
Profitability
51
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2011, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
90
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€55k
estimate, not credit advice
Score history
93
2022
93
2023
90
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 21.08 (≥ 1.5)
+10
Quick ratio
Quick ratio 21.08 (≥ 1.0)
+5
Leverage
Debt/equity 0.06 (< 1.0)
+10
Profitability
ROE 10% (≥ 10%)
+10
Interest coverage
Interest coverage 1800.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~4%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.6% | 54.7% | |
| Net result | €65k | €15k | |
| Equity | €635k | €67k | |
| Gross operating margin | €106k | €40k | |
| Total assets | €672k | €141k |
€117k
-25.0%
22-24
€65k
-28.4%
22-24
€92k
-22.6%
22-24
€672k
-7.5%
22-24
€635k
-8.6%
22-24
€586k
-7.6%
22-24
€27k
-31.1%
22-24
€125k
+43.9%
22-24
€36k
+94.3%
22-24
€29k
+109.4%
22-24
21.08
-54.7%
22-24
21.08
-54.7%
22-24
94.6%
-1.2%
22-24
0.06
+112.6%
22-24
10.3%
-21.7%
22-24
9.7%
-22.6%
22-24
1800.16
-33.5%
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €117k | €156k | €192k |
| Net profit | €65k | €91k | €115k |
| Cash flow | €92k | €119k | €142k |
| Staff costs | - | - | - |
| Income taxes | €27k | €40k | €50k |
| Dividends | €125k | €87k | €132k |
| Total assets | €672k | €726k | €734k |
| Equity | €635k | €695k | €691k |
| Debt | €36k | €19k | €30k |
| of which ≤ 1y | €29k | €14k | €21k |
| of which > 1y | - | - | - |
| Working capital | €586k | €634k | €606k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 21.08 | 46.48 | 29.85 |
| Quick ratio | 21.08 | 46.48 | 29.85 |
| Working capital ratio | 87.2% | 87.2% | 82.7% |
| Solvency | 94.6% | 95.7% | 94.2% |
| Debt / equity | 0.06 | 0.03 | 0.04 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 1800.16 | 2706.44 | 2017.11 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 9.7% | 12.6% | 15.6% |
| ROE | 10.3% | 13.1% | 16.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €672k | €726k | €734k |
| Fixed assets | 21/28 | €57k | €79k | €106k |
| Tangible fixed assets | 22/27 | €57k | €79k | €106k |
| Current assets | 29/58 | €615k | €648k | €627k |
| Amounts receivable within one year | 40/41 | €27k | €18k | €26k |
| Investments | 50/53 | €495k | - | - |
| Cash & bank | 54/58 | €90k | €627k | €599k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €672k | €726k | €734k |
| Equity | 10/15 | €635k | €695k | €691k |
| Reserves | 13 | €635k | €695k | €691k |
| Provisions & deferred taxes | 16 | - | €13k | €13k |
| Amounts payable | 17/49 | €36k | €19k | €30k |
| Amounts payable within one year | 42/48 | €29k | €14k | €21k |
| Trade debts payable within one year | 44 | €6k | €8k | €6k |
| Income statement | ||||
| Gross operating margin | 9900 | €106k | €157k | €193k |
| Operating result | 9901 | €91k | €129k | €165k |
| Financial income | 75 | €2k | €2k | €2 |
| Financial charges | 65 | €65 | €58 | €95 |
| Result before taxes | 9903 | €93k | €131k | €164k |
| Income taxes | 67/77 | €27k | €40k | €50k |
| Net result for the period | 9904 | €65k | €91k | €115k |
| Result to be appropriated | 9905 | €65k | €91k | €115k |
Legal Structure
| NACE primary | Urban planning and landscape architecture(71113) |
| Legal form | Private limited company(610) |
| Incorporation | 20-10-2011 |
| Status | Active |
| Postal code | 3870 |
Establishment units
Stuma
since 20112.203.592.550
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73087A0132/00D000 | Flanders | 1,637 m² | 1 · 154 m² | 10.0 m · 2 fl. |
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.
Updates
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €65k ▼28.4%
Net result drops to €65k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Urban planning and landscape architecture71113Engineering and related technical consultancy, excluding land surveyors71121
Names & trade names
| Legal nameNL | STUMA |
| Trade nameNL | STUMA |
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