ST-BAU
ActiveSummary
The computed 12-month bankruptcy probability of ST-BAU is 3.0% (moderate). The 2024 annual accounts show equity of €30k and a net result of €-12k. Equity is growing by ~51.7% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+31
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.22 in 2023; short-term debt: 15.7% and cash: 0.7% of total assets), and 16.2% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.8%
Return on assets
-32.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-05-2025, 87 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
87 d early
2023
63 d early
2022
33 d early
2021
45 d early
2020
81 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k
2023 · €28k
2020: €2k
2021: €15k
2022: €-7k
2023: €28k
2020 → 2024
Working capital
€3k▼ 71.7%
2023 · €11k
2020: €374
2021: €12k
2022: €7k
2023: €11k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€20k▲ 295%€13k▼ 33.2%€41k▲ 205%€30k▼ 28.0%
Operating result€3k-€18k▲ 558%€-7k€34k€-11k
Net result€2k-€15k▲ 615%€-7k€28k€-12k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €34k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€27k ▼ 10.7%
Current assets
€9k ▼ 86.1%
Equity and liabilities €35k
Equity
€30k ▼ 28.0%
Debt
€6k ▼ 88.9%
Debt's share of the balance-sheet total falls from 55.6% to 16.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2023 · €39k
Cash flow
€-3k▼
2023 · €32k
Current ratio
1.58▲
2023 · 1.22
Debt to equity
0.19▼
2023 · 1.25
ROE
-38.9%▼
2023 · 67.2%
ROA
-32.6%▼
2023 · 29.8%
Interest coverage
-23.16▼
2023 · 45.05
Debt ≤ 1 year
€6k▼
2023 · €52k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€93k€35k▼
Fixed assets21/28€30k€27k▼
Tangible fixed assets22/27€30k€27k▼
Plant, machinery and equipment23€2k€617▼
Furniture and vehicles24€28k€26k▼
Current assets29/58€63k€9k▼
Amounts receivable within one year40/41€12k€7k▼
Trade receivables40€6k€7k▲
Other amounts receivable41€7k€0▼
Cash at bank and in hand54/58€48k€232▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€93k€35k▼
Equity10/15€41k€30k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€38k€27k▼
Amounts payable17/49€52k€6k▼
Amounts payable within one year42/48€52k€6k▼
Trade debts44€44k€5k▼
Suppliers440/4€44k€5k▼
Taxes, remuneration and social security45€6k€450▼
Taxes450/3€6k€450▼
Other amounts payable47/48€2k€173▼
Accrued charges and deferred income492/3-€185
Income statement
Code20232024
Non-recurring operating income76A€239-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€414€1k▲
Gross operating margin9900€39k€-2k▼
Operating profit (loss)9901€34k€-11k▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€861€138▼
Recurring financial charges65€861€138▼
Profit (loss) for the period before taxes9903€33k€-12k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€28k€-12k▼
Profit (loss) for the period to be appropriated9905€28k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€27k▼
Profit (loss) brought forward from the previous period14P€10k€38k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Weakest financial yearnet €-12k ▼142%
Net result drops to €-12k, the lowest in the series.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
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, Eupen · 1 establishment unit since 2020
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.
Stendrich 904700 Eupen1 establishment unit
ST-BAU
since 20202.306.561.713
Similar companies · same sector, comparable size
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,423 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
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42110Construction of roads and motorways
42211Civil engineering
43110Demolition
43120Site preparation
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filings
Scores and ratios are computed by Checked and are not a credit decision.