STABLO
ActiveSummary
STABLO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €-14k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 59% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency88▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 5.8 in 2024; short-term debt: 32.5% and cash: 16.1% of total assets), and 37% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63%
Return on assets
-17.6%
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 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
41 d early
2023
51 d early
2022
17 d early
2021
11 d early
2020
33 d early
2019
30 d early
← 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, micro schema
Equity
€52k▼ 21.8%
2024 · €66k
2018: €20klowest in 8 years
2019: €36k▲ +85.7% vs 2018
2020: €36k▲ +0.5% vs 2019
2021: €52k▲ +42.8% vs 2020
2022: €49k▼ -6.1% vs 2021
2023: €61k▲ +24.1% vs 2022
2024: €66k▲ +8.9% vs 2023highest in 8 years
2025: €52k▼ -21.8% vs 2024
2018 → 2025
Total assets
€82k▼ 0.3%
2024 · €82k
2018: €56k
2019: €52k▼ -6.0% vs 2018
2020: €49k▼ -6.2% vs 2019lowest in 8 years
2021: €85k▲ +73.8% vs 2020
2022: €72k▼ -15.2% vs 2021
2023: €90k▲ +24.3% vs 2022highest in 8 years
2024: €82k▼ -8.5% vs 2023
2025: €82k▼ -0.3% vs 2024
2018 → 2025
Net result
€-14k
2024 · €5k
2018: €-755
2019: €17k▲ +2318% vs 2018highest in 8 years
2020: €182▼ -98.9% vs 2019
2021: €16k▲ +8480% vs 2020
2022: €-3k▼ -120% vs 2021
2023: €12k▲ +474% vs 2022
2024: €5k▼ -54.2% vs 2023
2025: €-14k▼ -367% vs 2024lowest in 8 years
2018 → 2025
Working capital
€46k▼ 15.4%
2024 · €54k
2018: €12klowest in 8 years
2019: €31k▲ +147% vs 2018
2020: €36k▲ +16.9% vs 2019
2021: €44k▲ +24.0% vs 2020
2022: €39k▼ -11.4% vs 2021
2023: €51k▲ +29.0% vs 2022
2024: €54k▲ +6.5% vs 2023highest in 8 years
2025: €46k▼ -15.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€49k▼ 6.1%€61k▲ 24.1%€66k▲ 8.9%€52k▼ 21.8%
2021: €52k
2022: €49k▼ -6.1% vs 2021lowest in 5 years
2023: €61k▲ +24.1% vs 2022
2024: €66k▲ +8.9% vs 2023highest in 5 years
2025: €52k▼ -21.8% vs 2024
Operating result€20k-€-3k€14k€8k▼ 44.4%€-14k
2021: €20khighest in 5 years
2022: €-3k▼ -117% vs 2021
2023: €14k▲ +527% vs 2022
2024: €8k▼ -44.4% vs 2023
2025: €-14k▼ -276% vs 2024lowest in 5 years
Net result€16k-€-3k€12k€5k▼ 54.2%€-14k
2021: €16khighest in 5 years
2022: €-3k▼ -120% vs 2021
2023: €12k▲ +474% vs 2022
2024: €5k▼ -54.2% vs 2023
2025: €-14k▼ -367% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€10k ▼ 43.3%
Current assets
€72k ▲ 10.9%
Equity and liabilities €82k
Equity
€52k ▼ 21.8%
Debt
€30k ▲ 88.0%
Debt's share of the balance-sheet total rises from 19.6% to 37.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €14k
Cash flow
€-6k▼
2024 · €12k
Current ratio
2.71▼
2024 · 5.80
Debt to equity
0.59▲
2024 · 0.24
ROE
-27.9%▼
2024 · 8.2%
ROA
-17.6%▼
2024 · 6.6%
Interest coverage
-13.27▼
2024 · 30.59
Debt ≤ 1 year
€27k▲
2024 · €11k
Debt > 1 year
€4k▼
2024 · €5k
Income taxes
€75▼
2024 · €3k
Staff costs
€48k▲
2024 · €46k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€82k▼
Fixed assets21/28€17k€10k▼
Tangible fixed assets22/27€16k€9k▼
Furniture and vehicles24€5k€4k▼
Leasing and similar rights25€5k€0▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€500€500=
Current assets29/58€65k€72k▲
Amounts receivable within one year40/41€39k€17k▼
Trade receivables40€31k€17k▼
Other amounts receivable41€8k€89▼
Current investments50/53-€38k
Cash at bank and in hand54/58€25k€13k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€82k€82k▼
Equity10/15€66k€52k▼
Contributions10/11€19k€19k=
Reserves13€7k€33k▲
Distributable reserves133€7k€33k▲
Profit (loss) carried forward14€40k€0▼
Amounts payable17/49€16k€30k▲
Amounts payable after more than one year17€5k€4k▼
Financial debts170/4€5k€4k▼
Amounts payable within one year42/48€11k€27k▲
Current portion of amounts payable after more than one year42€2k€1k▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€7k€15k▲
Taxes450/3€945€3k▲
Remuneration and social security454/9€6k€12k▲
Other amounts payable47/48-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€46k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€95
Other operating charges640/8€2k€1k▼
Gross operating margin9900€61k€44k▼
Operating profit (loss)9901€8k€-14k▼
Financial income75/76B€504€125▼
Recurring financial income75€504€125▼
Financial charges65/66B€461€434▼
Recurring financial charges65€461€434▼
Profit (loss) for the period before taxes9903€8k€-14k▼
Income taxes67/77€3k€75▼
Profit (loss) for the period9904€5k€-14k▼
Profit (loss) for the period to be appropriated9905€5k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€26k▼
Profit (loss) brought forward from the previous period14P€40k€40k=
Transfer to equity691/2€5k€26k▲
To other reserves6921€5k€26k▲
The notes to these accounts (9 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 | €39k | €47k | €56k | €46k | €48k | ▲ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €5k | €6k | €8k | ▲ 35.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €95 | - |
| Other operating charges640/8 | €1k | €1k | €1k | €2k | €1k | ▼ 10.2% |
| Gross operating margin9900 | €63k | €50k | €77k | €61k | €44k | ▼ 28.5% |
| Operating profit (loss)9901 | €20k | €-3k | €14k | €8k | €-14k | ▼ 276% |
| Financial income75/76B | €382 | €575 | €663 | €504 | €125 | ▼ 75.1% |
| Recurring financial income75 | €382 | €575 | €663 | €504 | €125 | ▼ 75.1% |
| Financial charges65/66B | €189 | €190 | €76 | €461 | €434 | ▼ 5.9% |
| Recurring financial charges65 | €189 | €190 | €76 | €461 | €434 | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €20k | €-3k | €15k | €8k | €-14k | ▼ 279% |
| Income taxes67/77 | €4k | €178 | €3k | €3k | €75 | ▼ 97.2% |
| Profit (loss) for the period9904 | €16k | €-3k | €12k | €5k | €-14k | ▼ 367% |
| Profit (loss) for the period to be appropriated9905 | €16k | €-3k | €12k | €5k | €-14k | ▼ 367% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85k | €72k | €90k | €82k | €82k | ▼ 0.3% |
| Fixed assets21/28 | €20k | €16k | €11k | €17k | €10k | ▼ 43.3% |
| Tangible fixed assets22/27 | €19k | €15k | €10k | €16k | €9k | ▼ 44.7% |
| Furniture and vehicles24 | €1k | €2k | €855 | €5k | €4k | ▼ 15.7% |
| Leasing and similar rights25 | €18k | €14k | €9k | €5k | €0 | ▼ 100% |
| Other tangible fixed assets26 | €171 | €0 | - | €6k | €5k | ▼ 20.9% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €66k | €56k | €79k | €65k | €72k | ▲ 10.9% |
| Amounts receivable within one year40/41 | €12k | €37k | €72k | €39k | €17k | ▼ 57.1% |
| Trade receivables40 | €9k | €23k | €51k | €31k | €17k | ▼ 46.7% |
| Other amounts receivable41 | €3k | €14k | €21k | €8k | €89 | ▼ 98.9% |
| Current investments50/53 | - | - | - | - | €38k | - |
| Cash at bank and in hand54/58 | €53k | €19k | €6k | €25k | €13k | ▼ 46.8% |
| Deferred charges and accrued income490/1 | €464 | €264 | €2k | €2k | €4k | ▲ 144% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85k | €72k | €90k | €82k | €82k | ▼ 0.3% |
| Equity10/15 | €52k | €49k | €61k | €66k | €52k | ▼ 21.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €7k | €33k | ▲ 355% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | - | - | €2k | €7k | €33k | ▲ 355% |
| Profit (loss) carried forward14 | €32k | €28k | €40k | €40k | €0 | ▼ 100% |
| Amounts payable17/49 | €33k | €23k | €29k | €16k | €30k | ▲ 88.0% |
| Amounts payable after more than one year17 | €11k | €6k | €885 | €5k | €4k | ▼ 25.1% |
| Financial debts170/4 | €11k | €6k | €885 | €5k | €4k | ▼ 25.1% |
| Amounts payable within one year42/48 | €21k | €17k | €28k | €11k | €27k | ▲ 137% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | €5k | €2k | €1k | ▼ 40.5% |
| Trade debts44 | €6k | €3k | €2k | €2k | €8k | ▲ 216% |
| Suppliers440/4 | €6k | €3k | €2k | €2k | €8k | ▲ 216% |
| Taxes, remuneration and social security45 | €10k | €9k | €21k | €7k | €15k | ▲ 121% |
| Taxes450/3 | €1k | €4k | €13k | €945 | €3k | ▲ 249% |
| Remuneration and social security454/9 | €9k | €4k | €8k | €6k | €12k | ▲ 101% |
| Other amounts payable47/48 | - | - | - | - | €3k | - |
| Accrued charges and deferred income492/3 | €536 | €235 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €-3k | €12k | €5k | €-14k | ▼ 367% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | €6k | €8k | ▲ 35.4% |
| Operating cash flow (approximation) | €19k | €2k | €17k | €12k | €-6k | ▼ 153% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-12k | €-965 | ▲ 92.1% |
| Change in cash | - | €-34k | €-13k | €19k | €-12k | ▼ 161% |
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.80
Current ratio from 2.80 to 5.80; short-term debt falls from €28k to €11k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.95
Current ratio from 1.38 to 2.95; short-term debt falls from €32k to €16k.
Show earlier events
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2007
Ground area
1,427 m²
Building footprint
366 m²
Volume, LiDAR
605 m³
2 parcels, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STABLO
since 20072.165.549.744
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B0938/00W000 | Flanders | 862 m² | 1 · 239 m² | 0.0 m |
| 46002B0937/00K000 | Flanders | 565 m² | 1 · 128 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2023 · 1 entry · 168 EUR awarded · 168 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 168 EUR | 168 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,905 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.