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STAALGROEP

Active
Private limited companyfounded 2020active for 6 yearsGammel 4, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0746.873.670
Summary

STAALGROEP has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,850 and a net result of €499. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 29% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-05-2020 Normal situation
Activity
Business and other management consultancy NACE 70200and 3 others
Establishment unit
2.302.122.873 2310 Rijkevorsel, since 13-05-2020
Financial year end
31 December
Peppol
Reachable since 13-02-2024

Board and ownership

Board
  • Arnouts MathiasDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€15,128
▲ 324%
Turnover
≈ €70,000
estimated
Profit
€499
Equity
€10,850
▼ 64.3%
Total assets
€37,422
▼ 10.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.12, cash €12,109Figures for financial year 2025 (filed on 03-08-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 26% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 54-43
equity 29.0% of total assets
Liquidity 52-37
short-term debt 71.0% · cash 32.4%
Profitability 55+40
return on assets 1.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (2.71 in 2024), below the usual 1.5. Short-term debt is 71% and cash 32.4% of total assets. 71% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 30% of them on solvency, 40% on liquidity, 25% on profitability and 10% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.12, cash €12,109
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-08-2026)
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
12 days early
2022
3 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 9 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
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 28 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-07-2026 at the NBB all 5 filings

Turnover
≈ €70,000
Estimated: probably between €33,000 and €140,000
Total assets
€37,422▼ 10.8%
2024 · €41,946
Net result
€499
2024 · -€3,110
Working capital
€3,066▼ 84.5%
2024 · €19,787
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is a profit of €6,325, after a loss of €4,232 in 2024.

Operating result€6,325 2025 Net result€499 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€15,340-€87,518▲ 471%€40,432▼ 53.8%-€4,232€6,325
Net result€12,090within the sector's middle half-€69,505above the sector's middle half▲ 475%€29,865within the sector's middle half▼ 57.0%-€3,110below the sector's middle half€499below the sector's middle half
Equity€14,090below the sector's middle half-€83,595within the sector's middle half▲ 493%€113,460within the sector's middle half▲ 35.7%€30,350within the sector's middle half▼ 73.3%€10,850below the sector's middle half▼ 64.3%
Total assets€53,721below the sector's middle half-€117,687within the sector's middle half▲ 119%€149,921within the sector's middle half▲ 27.4%€41,946below the sector's middle half▼ 72.0%€37,422below the sector's middle half▼ 10.8%
Debt€39,631-€34,092▼ 14.0%€36,461▲ 6.9%€11,596▼ 68.2%€26,572▲ 129%
Working capital€395within the sector's middle half-€71,454within the sector's middle half▲ 181×€102,800within the sector's middle half▲ 43.9%€19,787within the sector's middle half▼ 80.8%€3,066within the sector's middle half▼ 84.5%
Solvency26.2%within the sector's middle half-71.0%within the sector's middle half▲ 44.8pp75.7%within the sector's middle half▲ 4.6pp72.4%within the sector's middle half▼ 3.3pp29.0%within the sector's middle half▼ 43.4pp
Current ratio1.01below the sector's middle half-3.10within the sector's middle half▲ 2.093.82within the sector's middle half▲ 0.722.71within the sector's middle half▼ 1.111.12within the sector's middle half▼ 1.59
Return on assets (ROA)22.5%within the sector's middle half-59.1%above the sector's middle half▲ 36.6pp19.9%within the sector's middle half▼ 39.1pp-7.4%below the sector's middle half▼ 27.3pp1.3%below the sector's middle half▲ 8.7pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,422
Fixed assets €7,784 ▼ 26.3%
Current assets €29,638 ▼ 5.6%
Equity and liabilities €37,422
Equity €10,850 ▼ 64.3%
Debt €26,572 ▲ 129%
Debt's share of the balance-sheet total rises from 27.6% to 71.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,487▲
2024 · €1,394
Cash flow
€6,662▲
2024 · €2,516
Debt to equity
2.45▲
2024 · 0.38
ROE
4.6%▲
2024 · -10.2%
Interest coverage
4.13▲
2024 · 0.71
Debt ≤ 1 year
€26,572▲
2024 · €11,596
Income taxes
€3,031▲
2024 · -€2,804
Staff costs
€0▼
2024 · €500
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€7,400€4,486€2,632€5,529€3,383
Intangible fixed assets€13,250----
Depreciation and write-downs of the year€4,957€3,006€4,113€5,626€6,162

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€41,946€37,422▼
Fixed assets21/28€10,563€7,784▼
Intangible fixed assets21€2,711€61▼
Tangible fixed assets22/27€7,853€7,723▼
Plant, machinery and equipment23€2,760€4,717▲
Furniture and vehicles24€5,093€3,005▼
Current assets29/58€31,383€29,638▼
Amounts receivable within one year40/41€12,934€17,529▲
Trade receivables40€3,062€3,059▼
Other amounts receivable41€9,872€14,470▲
Cash at bank and in hand54/58€18,449€12,109▼
Equity and liabilities
Total equity and liabilities10/49€41,946€37,422▼
Equity10/15€30,350€10,850▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€28,350€8,850▼
Amounts payable17/49€11,596€26,572▲
Amounts payable within one year42/48€11,596€26,572▲
Trade debts44€2,811€1,591▼
Suppliers440/4€2,811€1,591▼
Taxes, remuneration and social security45€8,586€8,582▼
Taxes450/3€7,085€8,582▲
Remuneration and social security454/9€1,502€0▼
Other amounts payable47/48€198€16,400▲
Income statement Code20242025
Remuneration, social security and pensions62€500€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,626€6,162▲
Other operating charges640/8€1,671€2,641▲
Gross operating margin9900€3,565€15,128▲
Operating profit (loss)9901-€4,232€6,325▲
Financial income75/76B€269€232▼
Recurring financial income75€269€232▼
Financial charges65/66B€1,952€3,026▲
Recurring financial charges65€1,952€3,026▲
Profit (loss) for the period before taxes9903-€5,915€3,531▲
Income taxes67/77-€2,804€3,031▲
Profit (loss) for the period9904-€3,110€499▲
Profit (loss) for the period to be appropriated9905-€3,110€499▲
Appropriation of the result
Profit (loss) to be appropriated9906€108,350€28,850▼
Profit (loss) brought forward from the previous period14P€111,460€28,350▼
Profit to be distributed694/7€80,000€20,000▼
Return on contributions (dividend)694€80,000€20,000▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Line20212022202320242025Change
Non-recurring operating income76A€140-----
Remuneration, social security and pensions62---€500€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,957€3,006€4,113€5,626€6,162▲ 9.5%
Other operating charges640/8€1,715€860€1,785€1,671€2,641▲ 58.0%
Non-recurring operating charges66A-€900----
Gross operating margin9900€22,013€92,283€46,330€3,565€15,128▲ 324%
Operating profit (loss)9901€15,340€87,518€40,432-€4,232€6,325-
Financial income75/76B€0€1,337€1,677€269€232▼ 13.9%
Recurring financial income75€0€1,337€1,677€269€232▼ 13.9%
Financial charges65/66B€401€1,487€391€1,952€3,026▲ 55.0%
Recurring financial charges65€401€1,487€391€1,952€3,026▲ 55.0%
Profit (loss) for the period before taxes9903€14,939€87,367€41,719-€5,915€3,531-
Income taxes67/77€2,849€17,863€11,853-€2,804€3,031-
Profit (loss) for the period9904€12,090€69,505€29,865-€3,110€499-
Profit (loss) for the period to be appropriated9905€12,090€69,505€29,865-€3,110€499-
Line20212022202320242025Change
Assets
Total assets20/58€53,721€117,687€149,921€41,946€37,422▼ 10.8%
Fixed assets21/28€15,693€12,141€10,660€10,563€7,784▼ 26.3%
Intangible fixed assets21€10,661€8,011€5,361€2,711€61▼ 97.8%
Tangible fixed assets22/27€5,032€4,130€5,300€7,853€7,723▼ 1.7%
Plant, machinery and equipment23---€2,760€4,717▲ 70.9%
Furniture and vehicles24€5,032€4,130€5,300€5,093€3,005▼ 41.0%
Current assets29/58€38,028€105,546€139,261€31,383€29,638▼ 5.6%
Amounts receivable within one year40/41€37,566€43,368€33,889€12,934€17,529▲ 35.5%
Trade receivables40€37,566€24,647€9,111€3,062€3,059▼ 0.1%
Other amounts receivable41-€18,721€24,779€9,872€14,470▲ 46.6%
Cash at bank and in hand54/58€164€58,552€105,371€18,449€12,109▼ 34.4%
Deferred charges and accrued income490/1€299€3,626----
Equity and liabilities
Total equity and liabilities10/49€53,721€117,687€149,921€41,946€37,422▼ 10.8%
Equity10/15€14,090€83,595€113,460€30,350€10,850▼ 64.3%
Contributions10/11€2,000€2,000€2,000€2,000€2,000=
Contributions outside capital11€2,000€2,000----
Other1109/19€2,000€2,000----
Profit (loss) carried forward14€12,090€81,595€111,460€28,350€8,850▼ 68.8%
Amounts payable17/49€39,631€34,092€36,461€11,596€26,572▲ 129%
Amounts payable within one year42/48€37,634€34,092€36,461€11,596€26,572▲ 129%
Trade debts44€3,592€2,062€763€2,811€1,591▼ 43.4%
Suppliers440/4€3,592€2,062€763€2,811€1,591▼ 43.4%
Taxes, remuneration and social security45€24,709€32,030€35,698€8,586€8,582▼ 0.1%
Taxes450/3€17,472€32,030€35,698€7,085€8,582▲ 21.1%
Remuneration and social security454/9€7,237--€1,502€0▼ 100%
Other amounts payable47/48€9,333--€198€16,400▲ 83×
Accrued charges and deferred income492/3€1,997-----
Line20212022202320242025Change
Profit (loss) for the period9904€12,090€69,505€29,865-€3,110€499-
+ Depreciation and write-downs630€4,957€3,006€4,113€5,626€6,162▲ 9.5%
Operating cash flow (approximation)€17,047€72,510€33,978€2,516€6,662▲ 165%
Investment in fixed assets (approximation)-€546-€2,632-€5,529-€3,383▲ 38.8%
Change in cash-€58,389€46,819-€86,923-€6,339▲ 92.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 3,274 companies had the same profile as STAALGROEP has now. Two years later, 2.5% had gone bankrupt and 94.7% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.7% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of STAALGROEP itself is lower: 0.2% within 12 months. It rests on far more data about STAALGROEP than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,274 companies, not a prediction for STAALGROEP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00372983 PDF
31-12-2024 micro format 31-07-2025 2025-00365969 PDF
31-12-2023 micro format 19-07-2024 2024-00282284 PDF
31-12-2022 micro format 28-07-2023 2023-00303315 PDF
31-12-2021 micro format 30-06-2022 2022-20151977 PDF

Board & ownership

Directors

Directors
1 director
Arnouts Mathias
Director · listed in the 2025 annual accounts, filed on 31-07-2026
Current

Owners and capital

Network & group

STAALGROEP shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of STAALGROEP. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-07
NBB filing Annual accounts 2025 filedNBB
micro format · on the deadline day
2025
31-12
Financial Back to profitnet €499
The net result is €499, after one loss-making year.
31-07
NBB filing Annual accounts 2024 filedPDF
micro format · on the deadline day
04-03
Gazette deed Registered office moved within Rijkevorsel
2 points ▸
  • General meeting, 17-01-2025
  • Registered-office move, Gammel 4,2310 Rijkevorsel

Open the act in the Belgian Official Gazette

2024
31-12
Financial Weakest financial yearnet -€3,110
The net result drops to -€3,110, the lowest from 2021 to 2025. It recovers the following year.
19-07
NBB filing Annual accounts 2023 filedPDF
micro format · 12 days before the deadline
2023
31-12
Financial Equity above €100,000equity €113,460 ▲35.7%
With a profit in every financial year since 2021, equity grows to €113,460.
28-07
NBB filing Annual accounts 2022 filedPDF
micro format · 3 days before the deadline
2022
31-12
Financial Highest result from 2021 to 2025net €69,505 ▲475%
The operating result of €87,518 and the net result of €69,505 are both a record.
31-12
Financial Liquidity more than triplescurrent ratio 3.10
The current ratio rises from 1.01 to 3.10. Short-term debt falls from €37,634 to €34,092.
30-06
NBB filing Annual accounts 2021 filedPDF
micro format · 31 days before the deadline
2020
15-05
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 May 2020, STAALGROEP was incorporated as a private limited company.1 In 2025 the registered office moved to Rijkevorsel.2 Total assets went from €53,721 in 2021 to €37,422 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-03-2025
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Register details

Identity

KBO record
Name STAALGROEP in Dutch
Enterprise number 0746.873.670
Legal form Private limited company
Status Active, normale toestand
Founded 13-05-2020
Entity type Legal entity

Registered office and establishments

Registered office Gammel 4, 2310 Rijkevorsel, Belgium
Establishment unit STAALGROEP, Gammel 4, 2310 Rijkevorsel since 13-05-2020 · unit number 2.302.122.873

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
64210 Activities of holding companies
74999 Other professional, scientific and technical activities
82990 Other business support services
Codes under NACEBEL 2008
70220 Business consulting main activity
64200 Holdings
74909 Other professional, scientific and technical activities
82990 Other business support services

Invoicing and payment

VAT number BE 0746.873.670
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0746873670
Other Peppol ID 9925:BE0746873670
Registered 13-02-2024

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,741 m²
Building footprint
264 m²
Building volume
1,253 m³
Cadastral parcel Region Area Buildings Height / floors
13037H0180/00D000 Flanders 1,741 m² 1 · 264 m² 8.3 m · 2