ST&R
ActiveSummary
ST&R has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €111k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39▼-16
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.46 in 2024; short-term debt: 85.5% and cash: 35.7% of total assets), and 85.5% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.5%
Return on assets
148.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
23 d early
2023
35 d early
2022
on the day
2021
31 d early
2020
38 d late
2019
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€11k▼ 63.3%
2024 · €30k
2019: €17k
2020: €83k
2021: €176k
2022: €8k
2023: €57k
2024: €30k
2019 → 2025
Total assets
€75k▼ 23.8%
2024 · €99k
2019: €25k
2020: €99k
2021: €213k
2022: €87k
2023: €128k
2024: €99k
2019 → 2025
Net result
€111k▼ 12.9%
2024 · €128k
2019: €14k
2020: €66k
2021: €93k
2022: €127k
2023: €125k
2024: €128k
2019 → 2025
Working capital
€4k▼ 85.8%
2024 · €31k
2019: €15k
2020: €80k
2021: €174k
2022: €4k
2023: €55k
2024: €31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€176k-€8k▼ 95.7%€57k▲ 660%€30k▼ 48.0%€11k▼ 63.3%
Operating result€117k-€166k▲ 41.8%€165k▼ 0.6%€170k▲ 3.2%€147k▼ 13.5%
Net result€93k-€127k▲ 36.5%€125k▼ 1.9%€128k▲ 2.5%€111k▼ 12.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€6k ▲ 1,175%
Current assets
€69k ▼ 30.0%
Equity and liabilities €75k
Equity
€11k ▼ 63.3%
Debt
€64k ▼ 6.8%
Debt's share of the balance-sheet total rises from 69.9% to 85.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€148k▼
2024 · €171k
Cash flow
€113k▼
2024 · €129k
Current ratio
1.07▼
2024 · 1.46
Debt to equity
5.90▲
2024 · 2.32
ROA
148.2%▲
2024 · 129.6%
Interest coverage
3630.09▲
2024 · 102.75
Debt ≤ 1 year
€64k▼
2024 · €67k
Income taxes
€36k▼
2024 · €41k
A ratio outside any meaningful range has been withheld (balance sheet total €75k, equity €11k).
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€75k▼
Fixed assets21/28€509€6k▲
Tangible fixed assets22/27€509€6k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€428€965▲
Other tangible fixed assets26€81€4k▲
Current assets29/58€98k€69k▼
Amounts receivable within one year40/41€64k€39k▼
Trade receivables40€60k€36k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€31k€27k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€99k€75k▼
Equity10/15€30k€11k▼
Contributions10/11€3k€3k=
Reserves13€27k€8k▼
Distributable reserves133€27k€8k▼
Amounts payable17/49€69k€64k▼
Amounts payable within one year42/48€67k€64k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€14k€16k▲
Other amounts payable47/48€51k€43k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€172k€150k▼
Operating profit (loss)9901€170k€147k▼
Financial charges65/66B€2k€41▼
Recurring financial charges65€2k€41▼
Profit (loss) for the period before taxes9903€168k€147k▼
Income taxes67/77€41k€36k▼
Profit (loss) for the period9904€128k€111k▼
Profit (loss) for the period to be appropriated9905€128k€111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€111k▼
Transfer from equity791/2€54k€26k▼
Transfer to equity691/2€27k€7k▼
To other reserves6921€27k€7k▼
Profit to be distributed694/7€155k€130k▼
Return on contributions (dividend)694€155k€130k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
20-01
State Gazette act
Board meeting · Director resignation
Power of attorney · Permanent representative
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
19-03
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
2024
31-12
Financial
Highest result since 2019net €128k ▲2.5%
Operating result €170k, net result €128k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
20-06
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
14-02
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital
11-01
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €176k ▲113%
3 profitable years in a row build equity to €176k.
Show earlier events
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.90
Current ratio from 2.79 to 5.90.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneState Gazette actNBB 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, Kortrijk · 1 establishment unit since 2019
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.
Veldstraat(Kor) 738500 KortrijkGround area
582 m²
Building footprint
190 m²
Volume, LiDAR
1,643 m³
Parcel 34353B0144/00C007, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ST&R
since 20192.292.744.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0144/00C007 | Flanders | 582 m² | 1 · 190 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Silver Bear
BE 0734.673.248
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La Brigade
BE 0719.960.922
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JVGO
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 23,874 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
Founded13-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.