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S.T.A.C.

Active
Private limited company (pre-2019)founded 1994active for 32 yearsZilvermeeuwlaan 4, 1850 Grimbergen, BelgiumKBO/BCE: BE 0452.235.081
Summary

S.T.A.C. has been active since 1994 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€48,932) and a net result of €2,559. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 5% of 9,602 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Wholesale trade
NACE 46442
1 site
Size
€22,727total assets 2025
Equity
-€48,932
Profit
€2,559
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts filed 61 days late0 of 2 deeds read
Why 54raises riskCapped at 59: negative equityLatest accounts 61 days late; 2 of the last 3 lateNegative equity -€48,932lowers riskSize: total assets €22,727Founded in 1994Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -215.3% of total assets
Liquidity 1=
short-term debt 315.3% · cash 0.7%
Profitability 66-34
return on assets 11.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 3.2% 12-2024: 3.2%● unchanged vs 11-2024 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.3%▲ +0.1 percentage points vs 02-2025 04-2025: 3.4%▲ +0.1 percentage points vs 03-2025 05-2025: 3.5%▲ +0.1 percentage points vs 04-2025 06-2025: 3.4%▼ -0.1 percentage points vs 05-2025 07-2025: 3.7%▲ +0.3 percentage points vs 06-2025 08-2025: 4.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -3.5 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▼ -0.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.32, compared with 0.16 in 2024, below 1; short-term debt: 315.3% and cash: 0.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 6% on solvency, 3% on liquidity, 48% on profitability and 55% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €22,727
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity -€48,932
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9602 sector peers (2025).
NBB · sector comparison
Position among 9602 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
19 days late
2023
92 days late
2022
91 days late
2016
390 days late
2015
758 days late
2014
372 days late
← 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 255 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 filed years within 72 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Strikeout withdrawnKBO administration
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€48,932 View
  • Caution: Among the weakest 5% on solvencysector median 43.3% · 9,602 companies -215.3% View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View

By topic

Financials

Financial year
2025
Total assets
€22,727
Profit
€2,559
Solvency
-215.3%
Total assets▲ 133%
Net result
20222025
Go to Financials

Timeline

Events
27
Since
1996
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-10-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale tradeNACE 46442
Founded
21-03-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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