Financials
- Fiscal year
- 2025
- Total assets
- €248,824
- Loss
- -€24,310
- Solvency
- 95.6%
Total assets▼ 5.6%
Net result
20182025
OLD STATION
ActiveSummary
OLD STATION has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237,785 and a net result of -€24,310. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203NACE 70311
1 site
Size
€248,824total assets 2025
- Equity
- €237,785
- Loss
- -€24,310
Structure
Accounts filed 28 d late0 of 7 deeds read
Why 91- Loss of €24,310 (FY 2025)+ Founded in 1992+ Equity €237,785 (95.6% of total assets)+ Size: total assets €248,824Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
100=
equity 95.6% of total assets
Liquidity
65-18
short-term debt 4.4% · cash 11.7%
Profitability
7-93
return on assets -9.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: < 0.1%
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%▼ -3.2% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%▲ +3.3% vs 03-2026
05-2026: < 0.1%▼ -6.5% vs 04-2026lowest value
06-2026: < 0.1%▲ +6.9% vs 05-2026
07-2026: < 0.1%▲ +6.5% vs 06-2026
08-2026: < 0.1%▲ +39.4% vs 07-2026
09-2026: 0.2%▲ +239% vs 08-2026highest value
10-2026: 0.2%● 0.0% vs 09-2026highest value
- Loss of €24,310 (FY 2025) raises the probability
- Founded in 1992 lowers the probability for this profile
- Equity €237,785 (95.6% of total assets) lowers the probability
- Size: total assets €248,824 lowers the probability for this profile
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 3.66 against 50.06 in 2024; short-term debt: 4.4% and cash: 11.7% of total assets), and 4.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 76%, profitability 11%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
22 d late
2022
54 d early
2021
45 d early
2020
45 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 23 August (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €92,849
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 29-08-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 08-04-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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