STABE
ActiveSummary
STABE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €8k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▼-3
Solvency81▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.4 in 2024; short-term debt: 44.1% and cash: 77.3% of total assets), and 44.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
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
55.9%
Return on assets
1%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
17 d early
2023
30 d late
2022
35 d early
2021
54 d late
2020
31 d late
2019
34 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€437k▲ 1.8%
2024 · €429k
2018: €363k
2019: €362k● -0.0% vs 2018lowest in 8 years
2020: €383k▲ +5.7% vs 2019
2021: €384k▲ +0.3% vs 2020
2022: €410k▲ +6.7% vs 2021
2023: €406k▼ -1.0% vs 2022
2024: €429k▲ +5.8% vs 2023
2025: €437k▲ +1.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€783k▲ 6.6%
2024 · €735k
2018: €810k
2019: €780k▼ -3.7% vs 2018
2020: €693k▼ -11.1% vs 2019lowest in 8 years
2021: €1.10M▲ +58.2% vs 2020highest in 8 years
2022: €814k▼ -25.8% vs 2021
2023: €868k▲ +6.6% vs 2022
2024: €735k▼ -15.3% vs 2023
2025: €783k▲ +6.6% vs 2024
2018 → 2025
Net result
€8k▼ 67.0%
2024 · €24k
2018: €-4k
2019: €-133▲ +96.9% vs 2018
2020: €21k▲ +15772% vs 2019
2021: €1k▼ -94.2% vs 2020
2022: €26k▲ +2018% vs 2021highest in 8 years
2023: €-4k▼ -117% vs 2022lowest in 8 years
2024: €24k▲ +651% vs 2023
2025: €8k▼ -67.0% vs 2024
2018 → 2025
Working capital
€384k▼ 5.6%
2024 · €407k
2018: €347klowest in 8 years
2019: €354k▲ +2.2% vs 2018
2020: €380k▲ +7.3% vs 2019
2021: €373k▼ -2.0% vs 2020
2022: €398k▲ +6.8% vs 2021
2023: €378k▼ -5.1% vs 2022
2024: €407k▲ +7.8% vs 2023highest in 8 years
2025: €384k▼ -5.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€410k▲ 6.7%€406k▼ 1.0%€429k▲ 5.8%€437k▲ 1.8%
2021: €384klowest in 5 years
2022: €410k▲ +6.7% vs 2021
2023: €406k▼ -1.0% vs 2022
2024: €429k▲ +5.8% vs 2023
2025: €437k▲ +1.8% vs 2024highest in 5 years
Operating result€4k-€41k▲ 1,031%€-4k€27k€10k▼ 62.2%
2021: €4k
2022: €41k▲ +1031% vs 2021highest in 5 years
2023: €-4k▼ -110% vs 2022lowest in 5 years
2024: €27k▲ +789% vs 2023
2025: €10k▼ -62.2% vs 2024
Net result€1k-€26k▲ 2,018%€-4k€24k€8k▼ 67.0%
2021: €1k
2022: €26k▲ +2018% vs 2021highest in 5 years
2023: €-4k▼ -117% vs 2022lowest in 5 years
2024: €24k▲ +651% vs 2023
2025: €8k▼ -67.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €783k
Fixed assets
€53k ▲ 41.9%
Current assets
€730k ▲ 4.7%
Equity and liabilities €783k
Equity
€437k ▲ 1.8%
Debt
€346k ▲ 13.2%
Debt's share of the balance-sheet total rises from 41.5% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €37k
Cash flow
€15k▼
2024 · €34k
Current ratio
2.11▼
2024 · 2.40
Quick ratio
2.11▼
2024 · 2.40
Debt to equity
0.79▲
2024 · 0.71
ROE
1.8%▼
2024 · 5.5%
ROA
1.0%▼
2024 · 3.2%
Interest coverage
0.07▼
2024 · 0.16
Debt ≤ 1 year
€346k▲
2024 · €290k
Income taxes
€4k▼
2024 · €8k
Staff costs
€634k▼
2024 · €663k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€735k€783k▲
Fixed assets21/28€37k€53k▲
Tangible fixed assets22/27€37k€53k▲
Land and buildings22€30k€31k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€7k€22k▲
Current assets29/58€697k€730k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€276k€113k▼
Trade receivables40€248k€79k▼
Other amounts receivable41€28k€34k▲
Cash at bank and in hand54/58€418k€605k▲
Deferred charges and accrued income490/1€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€735k€783k▲
Equity10/15€429k€437k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€291k€291k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€35k€35k=
Distributable reserves133€250k€250k=
Profit (loss) carried forward14€76k€84k▲
Amounts payable17/49€305k€346k▲
Amounts payable within one year42/48€290k€346k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€89k€81k▼
Suppliers440/4€89k€81k▼
Taxes, remuneration and social security45€201k€265k▲
Taxes450/3€118k€157k▲
Remuneration and social security454/9€83k€108k▲
Accrued charges and deferred income492/3€15k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€663k€634k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€450k€436k▼
Gross operating margin9900€1.15M€1.09M▼
Operating profit (loss)9901€27k€10k▼
Financial income75/76B€240k€236k▼
Recurring financial income75€240k€236k▼
Financial charges65/66B€235k€234k▼
Recurring financial charges65€235k€234k▼
Profit (loss) for the period before taxes9903€32k€12k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€24k€8k▼
Profit (loss) for the period to be appropriated9905€24k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€84k▲
Profit (loss) brought forward from the previous period14P€52k€76k▲
Social balance
Average headcount (FTE)908710.710.2▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €598k | €623k | €659k | €663k | €634k | ▼ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €6k | €10k | €7k | ▼ 29.5% |
| Other operating charges640/8 | €427k | €500k | €480k | €450k | €436k | ▼ 3.1% |
| Gross operating margin9900 | €1.03M | €1.17M | €1.14M | €1.15M | €1.09M | ▼ 5.5% |
| Operating profit (loss)9901 | €4k | €41k | €-4k | €27k | €10k | ▼ 62.2% |
| Financial income75/76B | €312k | €273k | €285k | €240k | €236k | ▼ 1.8% |
| Recurring financial income75 | €312k | €273k | €285k | €240k | €236k | ▼ 1.8% |
| Financial charges65/66B | €311k | €278k | €283k | €235k | €234k | ▼ 0.4% |
| Recurring financial charges65 | €311k | €278k | €283k | €235k | €234k | ▼ 0.4% |
| Profit (loss) for the period before taxes9903 | €5k | €36k | €-2k | €32k | €12k | ▼ 63.0% |
| Income taxes67/77 | €4k | €10k | €2k | €8k | €4k | ▼ 51.6% |
| Profit (loss) for the period9904 | €1k | €26k | €-4k | €24k | €8k | ▼ 67.0% |
| Profit (loss) for the period to be appropriated9905 | €1k | €26k | €-4k | €24k | €8k | ▼ 67.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.10M | €814k | €868k | €735k | €783k | ▲ 6.6% |
| Fixed assets21/28 | €12k | €12k | €28k | €37k | €53k | ▲ 41.9% |
| Tangible fixed assets22/27 | €12k | €12k | €28k | €37k | €53k | ▲ 41.9% |
| Land and buildings22 | €10k | €9k | €24k | €30k | €31k | ▲ 4.3% |
| Plant, machinery and equipment23 | €1k | €855 | €428 | €0 | - | - |
| Furniture and vehicles24 | €122 | €2k | €3k | €7k | €22k | ▲ 195% |
| Current assets29/58 | €1.08M | €802k | €840k | €697k | €730k | ▲ 4.7% |
| Stocks and contracts in progress3 | €6k | €2k | €2k | €2k | €2k | ▲ 40.1% |
| Stocks30/36 | €6k | €2k | €2k | €2k | €2k | ▲ 40.1% |
| Amounts receivable within one year40/41 | €574k | €373k | €494k | €276k | €113k | ▼ 59.0% |
| Trade receivables40 | €557k | €348k | €466k | €248k | €79k | ▼ 68.1% |
| Other amounts receivable41 | €17k | €24k | €28k | €28k | €34k | ▲ 21.7% |
| Current investments50/53 | €643 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €492k | €419k | €293k | €418k | €605k | ▲ 44.8% |
| Deferred charges and accrued income490/1 | €12k | €8k | €51k | €2k | €9k | ▲ 379% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.10M | €814k | €868k | €735k | €783k | ▲ 6.6% |
| Equity10/15 | €384k | €410k | €406k | €429k | €437k | ▲ 1.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €291k | €291k | €291k | €291k | €291k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €35k | €35k | €35k | €35k | €35k | = |
| Distributable reserves133 | €250k | €250k | €250k | €250k | €250k | = |
| Profit (loss) carried forward14 | €31k | €57k | €52k | €76k | €84k | ▲ 10.2% |
| Amounts payable17/49 | €712k | €404k | €462k | €305k | €346k | ▲ 13.2% |
| Amounts payable within one year42/48 | €712k | €404k | €462k | €290k | €346k | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €0 | - | - |
| Trade debts44 | €426k | €190k | €205k | €89k | €81k | ▼ 9.2% |
| Suppliers440/4 | €426k | €190k | €205k | €89k | €81k | ▼ 9.2% |
| Taxes, remuneration and social security45 | €286k | €214k | €253k | €201k | €265k | ▲ 31.6% |
| Taxes450/3 | €138k | €111k | €142k | €118k | €157k | ▲ 32.9% |
| Remuneration and social security454/9 | €148k | €103k | €111k | €83k | €108k | ▲ 29.8% |
| Accrued charges and deferred income492/3 | - | - | - | €15k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €26k | €-4k | €24k | €8k | ▼ 67.0% |
| + Depreciation and write-downs630 | €2k | €3k | €6k | €10k | €7k | ▼ 29.5% |
| Operating cash flow (approximation) | €4k | €29k | €2k | €34k | €15k | ▼ 56.0% |
| Investment in fixed assets (approximation) | - | €-3k | €-22k | €-19k | €-23k | ▼ 17.7% |
| Change in cash | - | €-73k | €-126k | €125k | €187k | ▲ 49.8% |
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
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €26k ▲2,018%
Operating result €41k, net result €26k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Aalst · 1 establishment unit since 1998
Ground area
210 m²
Building footprint
81 m²
Volume, LiDAR
536 m³
Parcel 41029B0509/00A002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Steenweg op Aalst 85, 9308 Aalst
since 19982.087.496.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0509/00A002 | Flanders | 210 m² | 1 · 81 m² | 7.8 m · 2 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
Legal Entity Identifier
529900MH3AYL9K71GE59
Similar companies · same sector, comparable size
WIP Effects
BE 0823.358.269
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D.M. FINANCES
BE 0894.879.636
Chaudfontaine · Eq €437,243
Ad Rem Consulting
BE 0455.561.983
Kalmthout · Eq €437,247
DEPREZ BUSINESS CONSULTING
BE 0843.953.745
Deerlijk · Eq €437,195
GASPAR GESTION ET PARTICIPATIONS
BE 0817.228.265
Crisnée · Eq €437,297
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,712 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.