STAALENDEUR
ActiveSummary
The computed 12-month bankruptcy probability of STAALENDEUR is 2.3% (moderate). The 2024 annual accounts show equity of €140k and a net result of €60k. Equity is growing by ~71% per year across the filed fiscal years. Its solvency ranks better than 76% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency95▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 2.26 in 2023; short-term debt: 23.7% and cash: 60% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 03-07-2025, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
34 d early
2022
on the day
2021
35 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€140k▲ 75.2%
2023 · €80k
2021: €30k
2022: €36k
2023: €80k
2021 → 2024
Total assets
€200k▲ 59.4%
2023 · €126k
2021: €162k
2022: €91k
2023: €126k
2021 → 2024
Net result
€60k▲ 36.7%
2023 · €44k
2021: €27k
2022: €6k
2023: €44k
2021 → 2024
Working capital
€125k▲ 127%
2023 · €55k
2021: €4k
2022: €8k
2023: €55k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€30k-€36k▲ 19.3%€80k▲ 122%€140k▲ 75.2%
Operating result€35k-€11k▼ 68.3%€60k▲ 439%€79k▲ 32.0%
Net result€27k-€6k▼ 78.6%€44k▲ 656%€60k▲ 36.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 32% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€27k ▲ 3.4%
Current assets
€173k ▲ 74.4%
Equity and liabilities €200k
Equity
€140k ▲ 75.2%
Debt
€60k ▲ 31.5%
Debt's share of the balance-sheet total falls from 36.2% to 29.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k▲
2023 · €69k
Cash flow
€75k▲
2023 · €53k
Current ratio
3.64▲
2023 · 2.26
Debt to equity
0.43▼
2023 · 0.57
ROE
42.9%▼
2023 · 55.0%
ROA
30.1%▼
2023 · 35.1%
Interest coverage
42.35▲
2023 · 22.68
Debt ≤ 1 year
€47k▲
2023 · €44k
Debt > 1 year
€12k
Income taxes
€17k▲
2023 · €12k
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€126k€200k▲
Fixed assets21/28€26k€27k▲
Tangible fixed assets22/27€26k€27k▲
Plant, machinery and equipment23€2k€15k▲
Furniture and vehicles24€8k€12k▲
Other tangible fixed assets26€17k-
Current assets29/58€99k€173k▲
Amounts receivable within one year40/41€45k€46k▲
Trade receivables40€42k€42k▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€48k€120k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€126k€200k▲
Equity10/15€80k€140k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€77k€137k▲
Amounts payable17/49€45k€60k▲
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€44k€47k▲
Current portion of amounts payable after more than one year42-€9k
Financial debts43€91€825▲
Credit institutions430/8€91€825▲
Trade debts44€2k€36k▲
Suppliers440/4€2k€36k▲
Taxes, remuneration and social security45€14k€1k▼
Taxes450/3€12k€1k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€28k€306▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€15k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€624
Gross operating margin9900€70k€97k▲
Operating profit (loss)9901€60k€79k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€374-
Profit (loss) for the period before taxes9903€57k€77k▲
Income taxes67/77€12k€17k▲
Profit (loss) for the period9904€44k€60k▲
Profit (loss) for the period to be appropriated9905€44k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€137k▲
Profit (loss) brought forward from the previous period14P€33k€77k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-07
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- General meeting, 05/06/2026
- Registered-office move, Ballingsweg 24, 9620 Zottegem
- Power of attorney, BV one4finance
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €60k ▲36.7%
Operating result €79k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €140k ▲75.2%
4 profitable years in a row build equity to €140k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼78.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
04-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 35 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2025
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.
Ballingsweg 249620 ZottegemGround area
2,340 m²
Building footprint
833 m²
Volume, LiDAR
4,678 m³
Parcel 41023A0744/00N000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lumiver
since 20252.383.813.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41023A0744/00N000 | Flanders | 2,340 m² | 1 · 833 m² | 6.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 264 EUR awarded · 264 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 264 EUR | 264 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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PRO TECHNIC HORECA
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ROVAN
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Middelkerke · Eq €140,430
AERTS RAF
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,665 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
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.