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StabilisersPlus

Active
Int'l non-profit associationfounded 2003active for 23 yearsBelliardstraat 40, 1040 Etterbeek, Belgium137 active companies are registered at this addressKBO/BCE: BE 0479.572.849
Summary

The annual accounts of StabilisersPlus for financial year 2025 show a net loss of 52% of total assets. The 2025 annual accounts show equity of €213,139 and a net result of -€130,641. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 80% of 239 sector peers (NACE 72, financial year 2025). The association has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
€2,000▼ 99.5%
2018 · €424,462
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€130,641▼ 727%
2024 · -€15,800
Working capital
€213,309▼ 38.0%
2024 · €343,950
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €130,328 in 2025 against €15,337 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€2,000 2019 Operating result-€130,328 2025 Net result-€130,641 2025

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

Sector: the middle half of NACE 72, Scientific research and development: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€424,462-€2,000▼ 99.5%
Operating result€509,303-€6,440▼ 98.7%-€32,182€116,430€54,187▼ 53.5%€71,395▲ 31.8%-€15,337-€130,328▼ 750%
Net result€509,144-€6,021▼ 98.8%-€32,382within the sector's middle half€116,050within the sector's middle half€54,407within the sector's middle half▼ 53.1%€71,145within the sector's middle half▲ 30.8%-€15,800within the sector's middle half-€130,641within the sector's middle half▼ 727%
Equity€676,473-€539,494▼ 20.2%€229,133within the sector's middle half▼ 57.5%€345,183within the sector's middle half▲ 50.6%€288,435within the sector's middle half▼ 16.4%€359,580within the sector's middle half▲ 24.7%€343,780within the sector's middle half▼ 4.4%€213,139below the sector's middle half▼ 38.0%
Total assets€774,736-€582,843▼ 24.8%€272,482below the sector's middle half▼ 53.2%€464,474below the sector's middle half▲ 70.5%€324,153below the sector's middle half▼ 30.2%€393,898below the sector's middle half▲ 21.5%€378,268below the sector's middle half▼ 4.0%€249,427below the sector's middle half▼ 34.1%
Debt€98,263-€43,349▼ 55.9%€43,349=€119,291▲ 175%€35,718▼ 70.1%€34,318▼ 3.9%€34,488▲ 0.5%€36,288▲ 5.2%
Working capital€715,473-€539,494▼ 24.6%€229,133within the sector's middle half▼ 57.5%€345,320within the sector's middle half▲ 50.7%€288,435within the sector's middle half▼ 16.5%€359,580within the sector's middle half▲ 24.7%€343,950within the sector's middle half▼ 4.3%€213,309within the sector's middle half▼ 38.0%
Solvency87.3%-92.6%▲ 5.2pp84.1%above the sector's middle half▼ 8.5pp74.3%within the sector's middle half▼ 9.8pp89.0%above the sector's middle half▲ 14.7pp91.3%above the sector's middle half▲ 2.3pp90.9%above the sector's middle half▼ 0.4pp85.5%above the sector's middle half▼ 5.4pp
Current ratio13.07-13.45▲ 0.376.29above the sector's middle half▼ 7.163.90within the sector's middle half▼ 2.399.08above the sector's middle half▲ 5.1811.48above the sector's middle half▲ 2.4011.02above the sector's middle half▼ 0.466.91above the sector's middle half▼ 4.12
Return on assets (ROA)65.7%-1.0%▼ 64.7pp-11.9%below the sector's middle half▼ 12.9pp25.0%above the sector's middle half▲ 36.9pp16.8%above the sector's middle half▼ 8.2pp18.1%above the sector's middle half▲ 1.3pp-4.2%within the sector's middle half▼ 22.2pp-52.4%below the sector's middle half▼ 48.2pp
above within below the middle half of NACE 72, Scientific research and development: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €249,427
Equity €213,139 ▼ 38.0%
Debt €36,288 ▲ 5.2%
Debt's share of the balance-sheet total rises from 9.1% to 14.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.17▲
2024 · 0.10
ROE
-61.3%▼
2024 · -4.6%
Debt ≤ 1 year
€36,118▲
2024 · €34,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.5% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,835 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€378,268€249,427▼
Current assets29/58€378,268€249,427▼
Amounts receivable within one year40/41€765€34,631▲
Other amounts receivable41€765€34,631▲
Cash at bank and in hand54/58€377,503€214,796▼
Equity and liabilities
Total equity and liabilities10/49€378,268€249,427▼
Equity10/15€343,780€213,139▼
Profit (loss) carried forward14€343,780€213,139▼
Amounts payable17/49€34,488€36,288▲
Amounts payable within one year42/48€34,318€36,118▲
Trade debts44-€1,800
Suppliers440/4-€1,800
Advances received on contracts in progress46€34,318€34,318=
Accrued charges and deferred income492/3€170€170=
Income statement Code20242025
Membership fees, donations, legacies and grants73€220,500€105,500▼
Goods, raw materials, services and sundry goods60/61€235,837€235,828=
Gross operating margin9900-€15,337-€130,328▼
Operating profit (loss)9901-€15,337-€130,328▼
Financial charges65/66B€463€313▼
Recurring financial charges65€463€313▼
Profit (loss) for the period before taxes9903-€15,800-€130,641▼
Profit (loss) for the period9904-€15,800-€130,641▼
Profit (loss) for the period to be appropriated9905-€15,800-€130,641▼
Appropriation of the result
Profit (loss) to be appropriated9906€343,780€213,139▼
Profit (loss) brought forward from the previous period14P€359,580€343,780▼
Line20182019202020212022202320242025Change
Turnover70€424,462€2,000-------
Membership fees, donations, legacies and grants73---€283,000€307,300-€220,500€105,500▼ 52.2%
Goods, raw materials, services and sundry goods60/61---€166,227€253,113-€235,837€235,828=
Other operating charges640/8---€343-----
Gross operating margin9900€509,364€6,858-€32,182€116,773€54,187€71,395-€15,337-€130,328▼ 750%
Operating profit (loss)9901€509,303€6,440-€32,182€116,430€54,187€71,395-€15,337-€130,328▼ 750%
Financial income75/76B----€343----
Recurring financial income75----€343----
Non-recurring financial income76B----€343----
Financial charges65/66B---€380€123€250€463€313▼ 32.4%
Recurring financial charges65€159€419€200€380€123€250€463€313▼ 32.4%
Profit (loss) for the period before taxes9903€509,144€6,021-€32,382€116,050€54,407€71,145-€15,800-€130,641▼ 727%
Profit (loss) for the period9904€509,144€6,021-€32,382€116,050€54,407€71,145-€15,800-€130,641▼ 727%
Profit (loss) for the period to be appropriated9905€509,144€6,021-€32,382€116,050€54,407€71,145-€15,800-€130,641▼ 727%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€774,736€582,843€272,482€464,474€324,153€393,898€378,268€249,427▼ 34.1%
Current assets29/58€774,736€582,843€272,482€464,474€324,153€393,898€378,268€249,427▼ 34.1%
Amounts receivable within one year40/41€55,320€94,583€71,916€18,275€127,314€97,152€765€34,631▲ 45×
Trade receivables40---€821€89,197€79,444---
Other amounts receivable41---€17,454€38,117€17,708€765€34,631▲ 45×
Cash at bank and in hand54/58€719,416€488,260€200,566€446,199€196,839€296,746€377,503€214,796▼ 43.1%
Equity and liabilities
Total equity and liabilities10/49€774,736€582,843€272,482€464,474€324,153€393,898€378,268€249,427▼ 34.1%
Equity10/15€676,473€539,494€229,133€345,183€288,435€359,580€343,780€213,139▼ 38.0%
Profit (loss) carried forward14€676,473€539,494€229,133€345,183€288,435€359,580€343,780€213,139▼ 38.0%
Amounts payable17/49€98,263€43,349€43,349€119,291€35,718€34,318€34,488€36,288▲ 5.2%
Amounts payable within one year42/48€59,263€43,349€43,349€119,154€35,718€34,318€34,318€36,118▲ 5.2%
Trade debts44€24,883€8,791€9,031€84,492€1,400--€1,800-
Suppliers440/4---€84,492€1,400--€1,800-
Advances received on contracts in progress46---€34,318€34,318€34,318€34,318€34,318=
Taxes, remuneration and social security45---€344-----
Taxes450/3---€344-----
Accrued charges and deferred income492/3---€137--€170€170=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€509,144€6,021-€32,382€116,050€54,407€71,145-€15,800-€130,641▼ 727%
Operating cash flow (approximation)€509,144€6,021-€32,382€116,050€54,407€71,145-€15,800-€130,641▼ 727%
Change in cash--€231,156-€287,694€245,633-€249,360€99,907€80,757-€162,707-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 13-06-2026 2026-00173798
31-12-2024 full format 18-06-2025 2025-00177247
31-12-2023 full format 20-06-2024 2024-00171309
31-12-2022 full format 09-06-2023 2023-00132732
31-12-2021 full format 25-05-2022 2022-20047681
31-12-2020 full format 28-02-2022 2022-06800459
31-12-2019 full format 18-08-2020 2020-43400214
31-12-2018 full format 09-09-2019 2019-64000320
31-12-2017 full format 05-11-2018 2018-71600559
31-12-2016 full format 04-09-2017 2017-59500505

Show all 11 filings

Similar companies · same sector, comparable size

Of the 1,161 active companies whose main activity is other research and development on natural sciences (NACE 72109), figures are known for 718. 476 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.