Fat-Stem Laboratories
Fat-Stem Laboratories has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €64k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €157k |
| Net result | €64k |
| Staff (FTE) | 2 |
| Better than sector | 32% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.4% | 54.3% | |
| Net result | €64k | €29k | |
| Equity | €157k | €94k | |
| Gross operating margin | €148k | €64k | |
| Staff costs | €45k | €28k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | +13.2% | +187.0% | -41.1% | - |
| Net profit | -3.8% | +386.4% | -72.5% | - |
| Cash flow | +2.6% | +194.1% | -47.4% | - |
| Staff costs | -34.2% | +94.4% | +0.2% | - |
| Income taxes | +164.8% | +1548.2% | +15.4% | - |
| Dividends | -100.0% | - | - | - |
| Total assets | +20.1% | +43.2% | -3.8% | - |
| Equity | +68.2% | -11.3% | +14.8% | - |
| Debt | +2.5% | +84.6% | -14.4% | - |
| of which ≤ 1y | -27.2% | +927.2% | -48.3% | - |
| of which > 1y | +16.2% | +35.1% | -11.1% | - |
| Working capital | +143.4% | -31.6% | +12.5% | - |
| Employees (FTE) | 0.0% | 0.0% | +11.1% | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 4.02 | 1.90 | 14.55 | 7.24 |
| Quick ratio | 4.02 | 1.90 | 14.55 | 7.24 |
| Working capital ratio | 40.7% | 20.1% | 42.0% | 35.9% |
| Solvency | 37.4% | 26.7% | 43.2% | 36.1% |
| Debt / equity | 1.67 | 2.74 | 1.32 | 1.77 |
| Long-term debt ratio | 1.31 | 1.90 | 1.25 | 1.61 |
| Interest coverage | 27.73 | 28.46 | 9.04 | 91.06 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 15.2% | 18.9% | 5.6% | 19.5% |
| ROE | 40.5% | 70.8% | 12.9% | 53.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €420k | €350k | €244k | €254k |
| Fixed assets | 21/28 | €192k | €202k | €134k | €148k |
| Intangible fixed assets | 21 | €44 | €2k | €4k | €6k |
| Tangible fixed assets | 22/27 | €189k | €197k | €127k | €139k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €228k | €148k | €110k | €106k |
| Amounts receivable within one year | 40/41 | €39k | €60k | €40k | €28k |
| Cash & bank | 54/58 | €189k | €88k | €71k | €78k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €420k | €350k | €244k | €254k |
| Equity | 10/15 | €157k | €93k | €105k | €92k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k |
| Reserves | 13 | €132k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €0 | €66k | €78k | €65k |
| Amounts payable | 17/49 | €263k | €256k | €139k | €162k |
| Amounts payable after one year | 17 | €206k | €177k | €131k | €148k |
| Amounts payable within one year | 42/48 | €57k | €78k | €8k | €15k |
| Trade debts payable within one year | 44 | €38k | €48k | €3k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €148k | €160k | €70k | €91k |
| Operating result | 9901 | €82k | €75k | €17k | €50k |
| Financial income | 75 | €219 | €0 | €37 | €77 |
| Financial charges | 65 | €4k | €3k | €3k | €588 |
| Result before taxes | 9903 | €79k | €72k | €14k | €50k |
| Income taxes | 67/77 | €15k | €6k | €350 | €304 |
| Net result for the period | 9904 | €64k | €66k | €14k | €49k |
| Result to be appropriated | 9905 | €64k | €66k | €14k | €49k |
-
Current18-08-2025 → present
3 events
- 18-08-2025 Appointed· Director
- 30-09-2022 Resigned· Director
- 01-03-2021 Appointed· Director
Former directors (2)
-
Former01-10-2022 → 18-08-2025
2 events
- 18-08-2025 Resigned· Director
- 01-10-2022 Appointed· Director
-
Former02-01-2020 → 28-02-2021
2 events
- 28-02-2021 Resigned· Director
- 02-01-2020 Mandate renewed· Director
| NACE primary | Veterinary services(75000) |
| Legal form | Private limited company(610) |
| Incorporation | 09-09-1994 |
| Status | Active |
| Postal code | 2580 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12429A0036/00Z000 | Flanders | 2,513 m² | 1 · 219 m² | 7.6 m · 1 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-10-2025 1 director appointed, 1 resigning
- Wouters Guido, Bestuurder
- Massart Nadia, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Massart Nadia",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-18",
"evidence_quote": "Ingevolge de bijzondere algemene vergadering van 18 augustus 2025, werd beslist om Mevrouw Massart Nadia, Oude Putsebaan 120 te 2580 Putte te ontslaan als bestuurder vanaf 18 augustus 2025. Aan haar wordt kwijting verleend voor de door haar in de loop van het afgesloten boekjaar vervulde opdracht.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Wouters Guido",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-18",
"evidence_quote": "Tevens wordt beslist om de heer Wouters Guido, Oude Putsebaan 120 te 2580 Putte te benoemen als bestuurder vanaf 18 augustus 2025.",
"discharge_granted": false
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0453.419.966",
"name_full": "FAT-STEM LABORATORIES",
"legal_form": "BV"
}
}17-10-2022 1 director appointed, 1 resigning
- Massart Nadia, Bestuurder
- Wouters Guido, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Wouters Guido",
"address": null,
"birth_date": null
},
"effective_date": "2022-09-30",
"evidence_quote": "Ingevolge de bijzondere algemene vergadering van 30 september 2022 werd beslist dhr. Wouters Guido, Oude Putsebaan 120 te 2580 Putte te ontslaan als bestuurder op 30/09/2022. Aan hem wordt kwijting yerleend voor de door hem in de loop van het afgesloten boekjaar vervulde opdracht.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Massart Nadia",
"address": null,
"birth_date": null
},
"effective_date": "2022-10-01",
"evidence_quote": "Tevens werd beslist Mevrouw Massart Nadia, Oude Putsebaan 120 te 2580 Putte, te benoemen tot bestuurder vanaf 01/10/2022."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0453.419.966",
"name_full": "FAT-STEM LABORATORIES",
"legal_form": "BV"
}
}04-05-2021 Registered office moved from Antwerpen to Putte
- Monnikenhofstraat 107, 2040 Antwerpen → Oude Putsebaan 120, 2580 Putte
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Putte",
"region": null,
"street": "Oude Putsebaan",
"country": "BE",
"postcode": "2580",
"box_number": null,
"street_number": "120"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Monnikenhofstraat",
"country": "BE",
"postcode": "2040",
"box_number": null,
"street_number": "107"
},
"effective_date": null,
"evidence_quote": "De maatschappelijke zetel wordt gewijzigd van Monnikenhofstraat 107 te 2040 Antwerpen in Oude Putsebaan 120 te 2580 Putte."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0453.419.966",
"name_full": "FAT-STEM LABORATORIES",
"legal_form": "BV"
}
}02-01-2020 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": false,
"object_change": true,
"effective_date": "2020-01-02",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0453.419.966",
"name_full": "JAGU-AR",
"legal_form": "BVBA"
},
"signature_regime": "solo",
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}16-02-2017 Capital increase of €24,789.35 to €24,789.35
- €0 → €24.789,35
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 24789.35,
"currency": "EUR",
"after_eur": 24789.35,
"delta_eur": 24789.35,
"before_eur": 0,
"amount_type": "kapitaal_effectief",
"effective_date": "2017-01-17",
"evidence_quote": "Het kapitaal van \u00E9\u00E9n miljoen Belgische Frank (1.000.000,- BEF) wordt gelijkwaardig bevonden aan vierentwintigduizend zevenhonderdnegenentachtig euro vijfendertig cent (\u20AC 24.789,35).",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"subject_company": {
"kbo": "0453.419.966",
"name_full": "ACCESS AND SECURITY",
"legal_form": "BVBA"
}
}| Legal nameNL | Fat-Stem Laboratories |