ST GROUP
ActiveSummary
The computed 12-month bankruptcy probability of ST GROUP is 3.1% (moderate). The 2024 annual accounts show equity of €114k and a net result of €15k. Equity is growing by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 18936 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+3
Solvency90▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 3.32 against 3.03 in 2023; short-term debt: 25.7% and cash: 22.5% of total assets), and 35.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
113 d late
2023
62 d late
2022
71 d late
2021
122 d late
2020
32 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 46.5%
2023 · €10k
2018: €3klowest in 7 years
2019: €7k▲ +169% vs 2018
2020: €14k▲ +104% vs 2019
2021: €11k▼ -22.9% vs 2020
2022: €46k▲ +326% vs 2021highest in 7 years
2023: €10k▼ -77.8% vs 2022
2024: €15k▲ +46.5% vs 2023
2018 → 2024
Working capital
€106k▲ 17.7%
2023 · €90k
2018: €11klowest in 7 years
2019: €14k▲ +29.8% vs 2018
2020: €26k▲ +84.6% vs 2019
2021: €32k▲ +21.0% vs 2020
2022: €97k▲ +203% vs 2021
2023: €90k▼ -7.0% vs 2022
2024: €106k▲ +17.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€43k▲ 33.9%€89k▲ 108%€99k▲ 11.5%€114k▲ 15.1%
2020: €32klowest in 5 years
2021: €43k▲ +33.9% vs 2020
2022: €89k▲ +108% vs 2021
2023: €99k▲ +11.5% vs 2022
2024: €114k▲ +15.1% vs 2023highest in 5 years
Operating result€17k-€14k▼ 15.1%€33k▲ 129%€21k▼ 36.0%€37k▲ 78.0%
2020: €17k
2021: €14k▼ -15.1% vs 2020lowest in 5 years
2022: €33k▲ +129% vs 2021
2023: €21k▼ -36.0% vs 2022
2024: €37k▲ +78.0% vs 2023highest in 5 years
Net result€14k-€11k▼ 22.9%€46k▲ 326%€10k▼ 77.8%€15k▲ 46.5%
2020: €14k
2021: €11k▼ -22.9% vs 2020
2022: €46k▲ +326% vs 2021highest in 5 years
2023: €10k▼ -77.8% vs 2022lowest in 5 years
2024: €15k▲ +46.5% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 78% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177k
Fixed assets
€26k ▼ 25.8%
Current assets
€151k ▲ 12.8%
Equity and liabilities €177k
Equity
€114k ▲ 15.1%
Debt
€63k ▼ 9.7%
Debt's share of the balance-sheet total falls from 41.2% to 35.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €32k
Cash flow
€27k▲
2023 · €21k
Current ratio
3.32▲
2023 · 3.03
Quick ratio
3.28▲
2023 · 3.00
Debt to equity
0.55▼
2023 · 0.70
ROE
13.2%▲
2023 · 10.3%
ROA
8.5%▲
2023 · 6.1%
Interest coverage
26.87▲
2023 · 6.88
Debt ≤ 1 year
€46k▲
2023 · €44k
Debt > 1 year
€17k▼
2023 · €25k
Income taxes
€21k▲
2023 · €6k
Staff costs
€1k▲
2023 · €198
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€169k€177k▲
Fixed assets21/28€34k€26k▼
Tangible fixed assets22/27€31k€22k▼
Plant, machinery and equipment23€16k€12k▼
Furniture and vehicles24€1k€3k▲
Leasing and similar rights25€13k€7k▼
Financial fixed assets28€4k€4k=
Current assets29/58€134k€151k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€115k€110k▼
Other amounts receivable41€115k€110k▼
Cash at bank and in hand54/58€17k€40k▲
Equity and liabilities
Total equity and liabilities10/49€169k€177k▲
Equity10/15€99k€114k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€93k€108k▲
Amounts payable17/49€69k€63k▼
Amounts payable after more than one year17€25k€17k▼
Financial debts170/4€25k€17k▼
Amounts payable within one year42/48€44k€46k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€30k€26k▼
Suppliers440/4€30k€26k▼
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€7k€7k▲
Remuneration and social security454/9-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€198€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€4k€6k▲
Gross operating margin9900€40k€58k▲
Operating profit (loss)9901€21k€37k▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€16k€36k▲
Income taxes67/77€6k€21k▲
Profit (loss) for the period9904€10k€15k▲
Profit (loss) for the period to be appropriated9905€10k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€108k▲
Profit (loss) brought forward from the previous period14P€83k€93k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | - | - | - |
| Remuneration, social security and pensions62 | - | €3k | €272 | €198 | €1k | ▲ 638% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €838 | €2k | €3k | €11k | €12k | ▲ 5.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €8k | - | - | - | - |
| Other operating charges640/8 | - | €9k | €627 | €3k | €2k | ▼ 45.1% |
| Non-recurring operating charges66A | - | €8k | €4k | €4k | €6k | ▲ 27.4% |
| Gross operating margin9900 | €27k | €45k | €41k | €40k | €58k | ▲ 46.0% |
| Operating profit (loss)9901 | €17k | €14k | €33k | €21k | €37k | ▲ 78.0% |
| Recurring financial income75 | €294 | - | - | - | - | - |
| Financial charges65/66B | - | €4k | €2k | €5k | €2k | ▼ 60.8% |
| Recurring financial charges65 | €1k | €4k | €2k | €5k | €2k | ▼ 60.8% |
| Profit (loss) for the period before taxes9903 | €16k | €11k | €31k | €16k | €36k | ▲ 117% |
| Income taxes67/77 | €2k | - | €-15k | €6k | €21k | ▲ 236% |
| Profit (loss) for the period9904 | €14k | €11k | €46k | €10k | €15k | ▲ 46.5% |
| Profit (loss) for the period to be appropriated9905 | €14k | €11k | €46k | €10k | €15k | ▲ 46.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45k | €56k | €138k | €169k | €177k | ▲ 4.9% |
| Fixed assets21/28 | €6k | €18k | €32k | €34k | €26k | ▼ 25.8% |
| Tangible fixed assets22/27 | €2k | €15k | €29k | €31k | €22k | ▼ 28.8% |
| Plant, machinery and equipment23 | - | €1k | €21k | €16k | €12k | ▼ 25.1% |
| Furniture and vehicles24 | - | €3k | €1k | €1k | €3k | ▲ 155% |
| Leasing and similar rights25 | - | €10k | €7k | €13k | €7k | ▼ 49.9% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €39k | €38k | €106k | €134k | €151k | ▲ 12.8% |
| Stocks and contracts in progress3 | €4k | €392 | €760 | €2k | €2k | ▲ 33.2% |
| Stocks30/36 | - | €392 | €760 | €2k | €2k | ▲ 33.2% |
| Amounts receivable within one year40/41 | €27k | €28k | €69k | €115k | €110k | ▼ 5.1% |
| Other amounts receivable41 | - | €28k | €69k | €115k | €110k | ▼ 5.1% |
| Cash at bank and in hand54/58 | €9k | €10k | €36k | €17k | €40k | ▲ 131% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45k | €56k | €138k | €169k | €177k | ▲ 4.9% |
| Equity10/15 | €32k | €43k | €89k | €99k | €114k | ▲ 15.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | €6k | - | - | - | - |
| Other1109/19 | - | €6k | - | - | - | - |
| Profit (loss) carried forward14 | €26k | €37k | €83k | €93k | €108k | ▲ 16.2% |
| Provisions and deferred taxes16 | - | €8k | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €8k | - | - | - | - |
| Major repairs and maintenance162 | - | €8k | - | - | - | - |
| Amounts payable17/49 | €13k | €6k | €49k | €69k | €63k | ▼ 9.7% |
| Amounts payable after more than one year17 | - | - | €40k | €25k | €17k | ▼ 31.7% |
| Financial debts170/4 | - | - | €40k | €25k | €17k | ▼ 31.7% |
| Amounts payable within one year42/48 | €13k | €6k | €9k | €44k | €46k | ▲ 2.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8k | €8k | ▲ 5.0% |
| Trade debts44 | €11k | €6k | €6k | €30k | €26k | ▼ 13.2% |
| Suppliers440/4 | - | €6k | €6k | €30k | €26k | ▼ 13.2% |
| Taxes, remuneration and social security45 | - | €313 | €3k | €7k | €12k | ▲ 70.5% |
| Taxes450/3 | - | €313 | €3k | €7k | €7k | ▲ 4.0% |
| Remuneration and social security454/9 | - | - | €628 | - | €5k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €11k | €46k | €10k | €15k | ▲ 46.5% |
| + Depreciation and write-downs630 | €838 | €2k | €3k | €11k | €12k | ▲ 5.6% |
| Operating cash flow (approximation) | €15k | €13k | €49k | €21k | €27k | ▲ 25.4% |
| Investment in fixed assets (approximation) | - | €-15k | €-17k | €-13k | €-3k | ▲ 79.8% |
| Change in cash | - | €930 | €26k | €-19k | €23k | ▲ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
2024
31-12
Financial
Equity above €100kEq €114k ▲15.1%
7 profitable years in a row build equity to €114k.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2018net €46k ▲326%
Net result €46k, the highest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 6.14
Current ratio from 3.02 to 6.14; short-term debt falls from €13k to €6k.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 72 days late
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2014
Ground area
264 m²
Building footprint
99 m²
Volume, LiDAR
689 m³
Parcel 21821B0282/00R002, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Verdunstraat 390, 1130 Brussel
since 20142.235.023.124
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0282/00R002 | Brussels | 264 m² | 1 · 99 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 siteBrussel2.235.023.124
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,635 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.