Financials
- Fiscal year
- 2025
- Total assets
- €546,421
- Loss
- -€63,401
- Solvency
- 4.8%
Total assets▲ 503%
Net result
20222025
STAALHART
ActiveSummary
The annual accounts of STAALHART for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €26,058 and a net result of -€63,401. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 10442 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Urban planning and landscape architecture
NACE 71113
1 site
Size
€546,421total assets 2025
- Equity
- €26,058
- Loss
- -€63,401
Turnover not published (abridged schema)
Structure
- Largest shareholder
- Bnewable · 25%
Accounts on time1 of 3 deeds read
Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- 1 change of registered office in 24 months- Loss of €63,401, the second in a row (FY 2025)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Size: total assets €546,421Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
30-70
equity 4.8% of total assets
Liquidity
33-67
short-term debt 40.3% · cash 1.6%
Profitability
4-9
return on assets -11.6%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: < 0.1%lowest value
04-2026: 0.1%▲ +8.2% vs 03-2026
05-2026: 0.1%▲ +117% vs 04-2026
06-2026: 0.4%▲ +280% vs 05-2026
07-2026: 0.4%● 0.0% vs 06-2026
08-2026: 1.1%▲ +154% vs 07-2026
09-2026: 1.1%▲ +2.5% vs 08-2026
10-2026: 1.2%▲ +1.8% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
- Loss of €63,401, the second in a row (FY 2025) raises the probability
- Size: total assets €546,421 lowers the probability for this profile
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.11 against 39.55 in 2024; short-term debt: 40.3% and cash: 1.6% of total assets), and 95.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 12%, liquidity 14%, profitability 9%, growth against the median 7%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€63,401
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 10442 sector peers (2025).
NBB · sector comparisonPosition among 10442 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
62 d early
2022
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 18 April (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€63,401
Key points
- Risk: 4 loss-making years in a rowloss fiscal year 2025 -€63,401 View
- Caution: Result fell in 2025from -€4,288 to -€63,401 ▼ 1,379% View
- Caution: Among the weakest 5% on net resultsector median €16,544 · 10,443 companies -€63,401 View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Board & ownership
- Largest shareholder
- Bnewable · 25%
Timeline
- Events
- 6
- Since
- 2023
- Next accounts
- by 30-04-2027
- 22-07-2026Registered office
- 30-04-2026Annual accounts filed
- 30-09-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Urban planning and landscape architectureNACE 71113
- Founded
- 08-02-2021
- Year ends
- 30-09
- Peppol
- Not found in the Peppol directory
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