AN DER STUFF
ActiveSummary
AN DER STUFF has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €22k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+31
Solvency55▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.6 in 2024; short-term debt: 27.8% and cash: 0.7% of total assets), but 69.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
30.3%
Return on assets
4.2%
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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
2 d early
2023
30 d early
2022
11 d early
2021
34 d early
2020
36 d early
2019
32 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22k
2024 · €-13k
2018: €-609
2019: €6k
2020: €9k
2021: €15k
2022: €-11k
2023: €5k
2024: €-13k
2018 → 2025
Working capital
€77k▼ 9.6%
2024 · €85k
2018: €61k
2019: €79k
2020: €96k
2021: €129k
2022: €98k
2023: €78k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€167k▼ 7.2%€170k▲ 1.8%€155k▼ 8.8%€160k▲ 3.2%
Operating result€32k-€2k▼ 92.8%€17k▲ 618%€232▼ 98.6%€38k▲ 16,100%
Net result€15k-€-11k€5k€-13k€22k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16,100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €528k
Fixed assets
€305k ▼ 7.9%
Current assets
€224k ▼ 1.0%
Equity and liabilities €528k
Equity
€160k ▲ 3.2%
Provisions
€4k ▼ 16.7%
Debt
€365k ▼ 8.2%
Debt's share of the balance-sheet total falls from 71.4% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €28k
Cash flow
€49k▲
2024 · €15k
Current ratio
1.52▼
2024 · 1.60
Quick ratio
1.47▼
2024 · 1.53
Debt to equity
2.28▼
2024 · 2.56
ROE
13.8%▲
2024 · -8.3%
ROA
4.2%▲
2024 · -2.3%
Interest coverage
4.56▲
2024 · 1.78
Debt ≤ 1 year
€147k▲
2024 · €141k
Debt > 1 year
€216k▼
2024 · €254k
Income taxes
€4k▲
2024 · €763
Staff costs
€26k▼
2024 · €39k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€557k€528k▼
Fixed assets21/28€331k€305k▼
Tangible fixed assets22/27€331k€305k▼
Land and buildings22€292k€276k▼
Plant, machinery and equipment23€38k€29k▼
Furniture and vehicles24€332€120▼
Financial fixed assets28€12€12=
Current assets29/58€226k€224k▼
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€201k€209k▲
Trade receivables40-€1k
Other amounts receivable41€201k€208k▲
Cash at bank and in hand54/58€11k€4k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€557k€528k▼
Equity10/15€155k€160k▲
Contributions10/11€19k€19k=
Reserves13€142k€131k▼
Distributable reserves133€142k€131k▼
Profit (loss) carried forward14€-19k€0▲
Investment grants15€13k€11k▼
Provisions and deferred taxes16€4k€4k▼
Deferred taxes168€4k€4k▼
Amounts payable17/49€397k€365k▼
Amounts payable after more than one year17€254k€216k▼
Financial debts170/4€254k€216k▼
Amounts payable within one year42/48€141k€147k▲
Current portion of amounts payable after more than one year42€36k€38k▲
Financial debts43€61k€52k▼
Credit institutions430/8€61k€52k▼
Trade debts44€29k€28k▼
Suppliers440/4€29k€28k▼
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€10k€10k▲
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48-€15k
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€39k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▼
Other operating charges640/8€8k€8k▼
Gross operating margin9900€75k€99k▲
Operating profit (loss)9901€232€38k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€-13k€26k▲
Transfer from deferred taxes780€706€706=
Income taxes67/77€763€4k▲
Profit (loss) for the period9904€-13k€22k▲
Profit (loss) for the period to be appropriated9905€-13k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€3k▲
Profit (loss) brought forward from the previous period14P€-6k€-19k▼
Transfer from equity791/2-€12k
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
Social balance
Average headcount (FTE)90870.90.5▼
The notes to these accounts (23 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-13k ▼351%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150kEq €180k ▲23.3%
3 profitable years in a row build equity to €180k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
Show earlier events
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 4 days late
Financial milestoneNBB 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, Martelange · 1 establishment unit since 1986
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.
La-Roche-Percée,Radelange 16630 MartelangeGround area
9,581 m²
Building footprint
275 m²
Parcel 81013A0301/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Vertige des Saveurs
since 19862.029.227.132
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81013A0301/00D000 | Wallonia | 9,581 m² | 1 · 275 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMartelange2.029.227.132
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Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 1,100 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
Founded25-02-1986
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.