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STACA

Active
Public limited companyfounded 199827 yrs activeLeuvensesteenweg 89, 3070 Kortenberg, BelgiumKBO/BCE: BE 0464.829.443
Summary

STACA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.1m and a net result of €2.5m. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 870 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▲+37
Solvency88▼-12
Growth50▲+14
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500,000 at 30 days acceptable
Liquidity ample (current ratio 5.27 against 8.86 in 2024; short-term debt: 10.1% and cash: 0% of total assets), and 36.5% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.5%
Return on assets
6.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €24.1m
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
24 d early
2023
50 d early
2022
46 d early
2021
39 d early
2020
24 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 December 1998, STACA was incorporated.1 In 2014 the registered office moved to Kortenberg.2 Société Transports Automobiles - Cars et Autobus was merged into the company in 2015.3 Of the 5 current board members, GCV DIVO Management has served longest, since 2020.4 Revenue went from EUR 15 million in 2018 to EUR 15 million in 2025 and headcount from 177 to 135 full-time equivalents.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 14-08-2014
  3. 3Belgian State Gazette, 18-12-2015
  4. 4Belgian State Gazette, 20-10-2020
  5. 5National Bank, annual accounts 2018 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€15.2m▼ 12.5%
2024 · €17.4m
EBIT margin
15.0%▲ 17.3pp
2024 · -2.3%
Net result
€2.5m▲ 281%
2024 · €651,881
Working capital
€16.4m▼ 28.3%
2024 · €22.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€16.0m▲ 0.8%€16.6m▲ 3.3%€16.9m▲ 1.9%€17.4m▲ 2.9%€15.2m▼ 12.5%
Operating result€2.1m▼ 17.7%€1.4m▼ 33.5%€1.3m▼ 4.0%-€396,171€2.3m
Net result€1.6mabove the sector's middle half▼ 20.1%€1.1mabove the sector's middle half▼ 29.1%€2.1mabove the sector's middle half▲ 89.9%€651,881above the sector's middle half▼ 68.9%€2.5mabove the sector's middle half▲ 281%
EBIT margin13.1%▼ 2.9pp8.4%▼ 4.7pp7.9%▼ 0.5pp-2.3%▼ 10.2pp15.0%▲ 17.3pp
Equity€42.1mabove the sector's middle half▲ 1.4%€36.8mabove the sector's middle half▼ 12.6%€21.8mabove the sector's middle half▼ 40.9%€22.4mabove the sector's middle half▲ 3.0%€24.1mabove the sector's middle half▲ 7.8%
Total assets€48.1mabove the sector's middle half▲ 2.0%€47.9mabove the sector's middle half▼ 0.4%€42.7mabove the sector's middle half▼ 10.7%€27.6mabove the sector's middle half▼ 35.5%€38.0mabove the sector's middle half▲ 38.0%
Debt€5.9m▲ 8.5%€11.0m▲ 88.4%€21.0m▲ 89.8%€5.2m▼ 75.4%€13.9m▲ 170%
Working capital€41.3m▲ 4.0%€37.1m▼ 10.2%€21.8m▼ 41.2%€22.8m▲ 4.6%€16.4m▼ 28.3%
Solvency87.6%above the sector's middle half▼ 0.5pp76.9%above the sector's middle half▼ 10.7pp50.9%within the sector's middle half▼ 26.0pp81.3%above the sector's middle half▲ 30.4pp63.5%above the sector's middle half▼ 17.8pp
Staff (FTE)169.7above the sector's middle half▼ 2.6%167.1above the sector's middle half▼ 1.5%156.3above the sector's middle half▼ 6.5%150.6above the sector's middle half▼ 3.6%135.1above the sector's middle half▼ 10.3%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2021: €2.1m€2.1mNet result 2021: €1.6m€1.6mOperating result 2022: €1.4m€1.4mNet result 2022: €1.1m€1.1mOperating result 2023: €1.3m€1.3mNet result 2023: €2.1m€2.1mOperating result 2024: -€396,171-€396,171Net result 2024: €651,881€651,881Operating result 2025: €2.3m€2.3mNet result 2025: €2.5m€2.5m20212022202320242025-€1m€0€1m€2mOperating result 2023: €1.3m€1.3mNet result 2023: €2.1m€2.1mOperating result 2024: -€396,171-€396,000Net result 2024: €651,881€652,000Operating result 2025: €2.3m€2.3mNet result 2025: €2.5m€2.5m202320242025
The operating result returns to profit in 2025: €2.3m after a loss of €396,171 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.0m
Fixed assets €17.8m ▲ 882%
Current assets €20.2m ▼ 21.5%
Equity and liabilities €38.0m
Equity €24.1m ▲ 7.8%
Debt €13.9m ▲ 170%
Debt's share of the balance-sheet total rises from 18.7% to 36.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.2m▲
2024 · €294,332
Cash flow
€3.5m▲
2024 · €1.3m
Current ratio
5.27▼
2024 · 8.86
Quick ratio
5.21▼
2024 · 8.77
Debt to equity
0.58▲
2024 · 0.23
ROE
10.3%▲
2024 · 2.9%
ROA
6.5%▲
2024 · 2.4%
Interest coverage
13.52▲
2024 · 4.41
Debt ≤ 1 year
€3.8m▲
2024 · €2.9m
Debt > 1 year
€9.8m▲
2024 · €1.8m
Income taxes
-€8,439▼
2024 · €269,324
Staff costs
€9.0m▼
2024 · €9.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,552 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 · 84 lines
Balance sheet Code20242025
Assets
Total assets20/58€27.6m€38.0m▲
Fixed assets21/28€1.8m€17.8m▲
Tangible fixed assets22/27€1.8m€17.8m▲
Land and buildings22€15,375€5.8m▲
Plant, machinery and equipment23€43,945€32,807▼
Furniture and vehicles24€85,891€504,792▲
Leasing and similar rights25€1.7m€11.1m▲
Other tangible fixed assets26€8,992€8,879▼
Assets under construction and advance payments27-€324,702
Financial fixed assets28€3,297€3,297=
Other financial fixed assets284/8€3,297€3,297=
Amounts receivable and cash guarantees285/8€3,297€3,297=
Current assets29/58€25.7m€20.2m▼
Amounts receivable after more than one year29€3,338€2,810▼
Other amounts receivable291€3,338€2,810▼
Stocks and contracts in progress3€247,174€222,102▼
Stocks30/36€247,174€222,102▼
Raw materials and consumables30/31€247,174€222,102▼
Amounts receivable within one year40/41€25.4m€19.8m▼
Trade receivables40€2.1m€1.4m▼
Other amounts receivable41€23.3m€18.5m▼
Cash at bank and in hand54/58€91€1,111▲
Deferred charges and accrued income490/1€106,181€123,258▲
Equity and liabilities
Total equity and liabilities10/49€27.6m€38.0m▲
Equity10/15€22.4m€24.1m▲
Contributions10/11€65,000€65,000=
Capital10€65,000€65,000=
Issued capital100€65,000€65,000=
Reserves13€22.3m€24.1m▲
Non-distributable reserves130/1€88,002€88,002=
Legal reserve130€88,002€88,002=
Tax-exempt reserves132€1.4m€2.4m▲
Distributable reserves133€20.8m€21.6m▲
Profit (loss) carried forward14€6,582€5,139▼
Amounts payable17/49€5.2m€13.9m▲
Amounts payable after more than one year17€1.8m€9.8m▲
Financial debts170/4€1.8m€9.8m▲
Leasing and similar obligations172€1.8m€9.8m▲
Amounts payable within one year42/48€2.9m€3.8m▲
Current portion of amounts payable after more than one year42€410,586€1.4m▲
Trade debts44€600,425€298,405▼
Suppliers440/4€600,425€298,405▼
Taxes, remuneration and social security45€1.9m€1.4m▼
Taxes450/3€320,275€234,205▼
Remuneration and social security454/9€1.6m€1.2m▼
Other amounts payable47/48€1,084€746,084▲
Accrued charges and deferred income492/3€432,438€247,108▼
Income statement Code20242025
Operating income70/76A€17.9m€17.5m▼
Turnover70€17.4m€15.2m▼
Other operating income74€563,709€370,583▼
Non-recurring operating income76A-€1.9m
Operating charges60/66A€18.3m€15.2m▼
Goods for resale, raw materials and consumables60€3.8m€2.6m▼
Purchases600/8€3.6m€2.5m▼
Change in stocks: decrease (increase)609€124,189€25,949▼
Services and other goods61€2.3m€2.3m▼
Remuneration, social security and pensions62€9.8m€9.0m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€690,503€965,739▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,760-€877▲
Other operating charges640/8€1.8m€381,264▼
Operating profit (loss)9901-€396,171€2.3m▲
Financial income75/76B€1.4m€454,872▼
Recurring financial income75€1.4m€454,872▼
Income from current assets751€1.3m€429,697▼
Other financial income752/9€64,402€25,175▼
Financial charges65/66B€80,433€252,987▲
Recurring financial charges65€80,433€252,987▲
Debt charges650€66,728€239,764▲
Other financial charges652/9€13,706€13,223▼
Profit (loss) for the period before taxes9903€921,205€2.5m▲
Income taxes67/77€269,324-€8,439▼
Taxes670/3€271,909€449▼
Tax adjustments and reversals of tax provisions77€2,585€8,888▲
Profit (loss) for the period9904€651,881€2.5m▲
Transfer from tax-exempt reserves789€4,000-
Transfer to tax-exempt reserves689-€998,336
Profit (loss) for the period to be appropriated9905€655,881€1.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€661,582€1.5m▲
Profit (loss) brought forward from the previous period14P€5,701€6,582▲
Transfer to equity691/2€655,000€745,000▲
To other reserves6921€655,000€745,000▲
Profit to be distributed694/7-€745,000
Return on contributions (dividend)694-€745,000
Social balance
Average headcount (FTE)9087150.6135.1▼

The notes to these accounts (71 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€16.9m€17.3m€17.5m€17.9m€17.5m▼ 2.6%
Turnover70€16.0m€16.6m€16.9m€17.4m€15.2m▼ 12.5%
Other operating income74€872,101€707,999€591,433€563,709€370,583▼ 34.3%
Non-recurring operating income76A€2,500€4,000--€1.9m-
Operating charges60/66A€14.8m€15.9m€16.1m€18.3m€15.2m▼ 17.1%
Goods for resale, raw materials and consumables60€3.2m€3.6m€2.8m€3.8m€2.6m▼ 31.9%
Purchases600/8€3.3m€3.6m€2.9m€3.6m€2.5m▼ 30.3%
Change in stocks: decrease (increase)609-€86,834-€5,299-€63,915€124,189€25,949▼ 79.1%
Services and other goods61€1.3m€1.5m€1.9m€2.3m€2.3m▼ 1.7%
Remuneration, social security and pensions62€8.8m€9.2m€9.2m€9.8m€9.0m▼ 7.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.2m€789,794€690,503€965,739▲ 39.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3,586€7,080€10,540-€5,760-€877▲ 84.8%
Other operating charges640/8€41,113€284,733€1.5m€1.8m€381,264▼ 78.9%
Non-recurring operating charges66A-€1,020----
Operating profit (loss)9901€2.1m€1.4m€1.3m-€396,171€2.3m▲ 675%
Financial income75/76B€64,457€113,976€1.5m€1.4m€454,872▼ 67.5%
Recurring financial income75€64,457€113,976€1.5m€1.4m€454,872▼ 67.5%
Income from current assets751€64,457€76,645€1.4m€1.3m€429,697▼ 67.8%
Other financial income752/9-€37,331€98,126€64,402€25,175▼ 60.9%
Financial charges65/66B€30,719€24,755€22,132€80,433€252,987▲ 215%
Recurring financial charges65€30,719€24,755€22,132€80,433€252,987▲ 215%
Debt charges650€13,237-€9,658€66,728€239,764▲ 259%
Other financial charges652/9€17,482€24,755€12,473€13,706€13,223▼ 3.5%
Profit (loss) for the period before taxes9903€2.1m€1.5m€2.8m€921,205€2.5m▲ 169%
Transfer from deferred taxes780€120,187€100,371€16,252---
Income taxes67/77€700,176€484,749€734,776€269,324-€8,439▼ 103%
Taxes670/3€700,176€500,287€743,225€271,909€449▼ 99.8%
Tax adjustments and reversals of tax provisions77-€15,538€8,449€2,585€8,888▲ 244%
Profit (loss) for the period9904€1.6m€1.1m€2.1m€651,881€2.5m▲ 281%
Transfer from tax-exempt reserves789€360,561€301,113€48,757€4,000--
Transfer to tax-exempt reserves689€2,500€4,000--€998,336-
Profit (loss) for the period to be appropriated9905€1.9m€1.4m€2.1m€655,881€1.5m▲ 127%
Line20212022202320242025Change
Assets
Total assets20/58€48.1m€47.9m€42.7m€27.6m€38.0m▲ 38.0%
Fixed assets21/28€3.0m€1.8m€1.0m€1.8m€17.8m▲ 882%
Intangible fixed assets21€1,270-----
Tangible fixed assets22/27€3.0m€1.8m€1.0m€1.8m€17.8m▲ 883%
Land and buildings22€23,241€20,619€17,997€15,375€5.8m▲ 37,862%
Plant, machinery and equipment23€8,070€3,354€35,383€43,945€32,807▼ 25.3%
Furniture and vehicles24€1.5m€665,273€274,303€85,891€504,792▲ 488%
Leasing and similar rights25€1.4m€1.0m€672,266€1.7m€11.1m▲ 570%
Other tangible fixed assets26€91,925€51,011€27,537€8,992€8,879▼ 1.3%
Assets under construction and advance payments27----€324,702-
Financial fixed assets28€3,297€3,297€3,297€3,297€3,297=
Other financial fixed assets284/8€3,297€3,297€3,297€3,297€3,297=
Amounts receivable and cash guarantees285/8€3,297€3,297€3,297€3,297€3,297=
Current assets29/58€45.1m€46.1m€41.7m€25.7m€20.2m▼ 21.5%
Amounts receivable after more than one year29€11,198€6,313€4,910€3,338€2,810▼ 15.8%
Other amounts receivable291€11,198€6,313€4,910€3,338€2,810▼ 15.8%
Stocks and contracts in progress3€314,009€312,228€365,603€247,174€222,102▼ 10.1%
Stocks30/36€314,009€312,228€365,603€247,174€222,102▼ 10.1%
Raw materials and consumables30/31€314,009€312,228€365,603€247,174€222,102▼ 10.1%
Amounts receivable within one year40/41€44.6m€45.6m€41.2m€25.4m€19.8m▼ 21.8%
Trade receivables40€1.4m€1.8m€1.5m€2.1m€1.4m▼ 35.8%
Other amounts receivable41€43.2m€43.8m€39.7m€23.3m€18.5m▼ 20.6%
Cash at bank and in hand54/58€233€576€260€91€1,111▲ 1,119%
Deferred charges and accrued income490/1€118,067€178,247€129,486€106,181€123,258▲ 16.1%
Equity and liabilities
Total equity and liabilities10/49€48.1m€47.9m€42.7m€27.6m€38.0m▲ 38.0%
Equity10/15€42.1m€36.8m€21.8m€22.4m€24.1m▲ 7.8%
Contributions10/11€65,000€65,000€65,000€65,000€65,000=
Capital10€65,000€65,000€65,000€65,000€65,000=
Issued capital100€65,000€65,000€65,000€65,000€65,000=
Reserves13€42.0m€36.7m€21.7m€22.3m€24.1m▲ 7.8%
Non-distributable reserves130/1€88,002€88,002€88,002€88,002€88,002=
Legal reserve130€88,002€88,002€88,002€88,002€88,002=
Tax-exempt reserves132€1.8m€1.5m€1.4m€1.4m€2.4m▲ 69.5%
Distributable reserves133€40.2m€35.2m€20.2m€20.8m€21.6m▲ 3.6%
Profit (loss) carried forward14€4,045€3,698€5,701€6,582€5,139▼ 21.9%
Provisions and deferred taxes16€116,623€16,252----
Deferred taxes168€116,623€16,252----
Amounts payable17/49€5.9m€11.0m€21.0m€5.2m€13.9m▲ 170%
Amounts payable after more than one year17€1.4m€1.2m€874,215€1.8m€9.8m▲ 442%
Financial debts170/4€1.4m€1.2m€874,215€1.8m€9.8m▲ 442%
Leasing and similar obligations172€1.4m€1.2m€874,215€1.8m€9.8m▲ 442%
Amounts payable within one year42/48€3.7m€9.0m€19.9m€2.9m€3.8m▲ 31.8%
Current portion of amounts payable after more than one year42€281,595€283,658€285,737€410,586€1.4m▲ 230%
Trade debts44€520,891€333,650€438,577€600,425€298,405▼ 50.3%
Suppliers440/4€520,891€333,650€438,577€600,425€298,405▼ 50.3%
Taxes, remuneration and social security45€2.0m€1.9m€2.0m€1.9m€1.4m▼ 24.3%
Taxes450/3€543,644€413,503€544,164€320,275€234,205▼ 26.9%
Remuneration and social security454/9€1.4m€1.5m€1.5m€1.6m€1.2m▼ 23.8%
Other amounts payable47/48€956,084€6.4m€17.1m€1,084€746,084▲ 68,724%
Accrued charges and deferred income492/3€673,889€929,626€222,370€432,438€247,108▼ 42.9%
Line20212022202320242025Change
Profit (loss) for the period9904€1.6m€1.1m€2.1m€651,881€2.5m▲ 281%
+ Depreciation and write-downs630€1.4m€1.2m€789,794€690,503€965,739▲ 39.9%
Operating cash flow (approximation)€2.9m€2.3m€2.9m€1.3m€3.5m▲ 157%
Investment in fixed assets (approximation)--€12,731-€49,014-€1.5m-€17.0m▼ 1,050%
Change in cash-€343-€316-€169€1,020▲ 704%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
02-02
State Gazette act Resignation: CREAD (director)
Permanent representative: Dirk Hellemans · Appointment: Maarten Voetelink (director) · Director discharge6 facts ▸
  • General meeting, 30-09-2025
  • Director resignation, CREAD (director)
  • Permanent representative, Dirk Hellemans
  • Director discharge, Dirk Hellemans
  • Director appointment, Maarten Voetelink (director)
  • Mandate compensation, Maarten Voetelink
2025
31-12
Financial Highest result since 2018net €2.5m ▲281%
Net result €2.5m, the highest in the series.
07-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €651,881 ▼68.9%
Net result drops to €651,881, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 8.86
Current ratio from 2.10 to 8.86; short-term debt falls from €19.9m to €2.9m.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
05-04
State Gazette act Appointment: Philippe Dочх (director)
Mandate compensation3 facts ▸
  • General meeting, 12-03-2024
  • Director appointment, Philippe Dочх (director)
  • Mandate compensation, Philippe Dочх
01-02
State Gazette act Statutes amendment
Capital · Power of attorney6 facts ▸
  • General meeting, 18-12-2023
  • Statutes amendment
  • Statutes amendment
  • Capital, €65.000
  • Statutes amendment
  • Power of attorney
2023
03-07
State Gazette act Resignation: Vlamigin (director)
Permanent representatives: Redgy Deschacht, Dirk Hellemans and 2 others · Reappointments: CREAD, DIVO Management and Enst & Young Bedrijfsrevisoren · Mandate compensation11 facts ▸
  • General meeting, 05-06-2023
  • Director resignation, Vlamigin (director)
  • Permanent representative, Redgy Deschacht
  • Director reappointment, CREAD (director)
  • Permanent representative, Dirk Hellemans
  • Director reappointment, DIVO Management (director)
  • Permanent representative, Dirk Vochten
  • Mandate compensation, CREAD
  • Mandate compensation, DIVO Management
  • Auditor reappointment, Enst & Young Bedrijfsrevisoren
  • Permanent representative, Marie-Laure Moreau
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
22-09
State Gazette act Resignation: De Prycker Consult (director)
Permanent representative: Stefan De Prycker3 facts ▸
  • General meeting, 07-06-2022
  • Director resignation, De Prycker Consult (director)
  • Permanent representative, Stefan De Prycker
Show earlier events
22-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
24-09
State Gazette act Reappointment: De Prycker Consult (director)
Permanent representative: Stefan De Prycker · Mandate compensation4 facts ▸
  • General meeting, 07-06-2021
  • Director reappointment, De Prycker Consult (director)
  • Permanent representative, Stefan De Prycker
  • Mandate compensation, De Prycker Consult
07-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
18-12
State Gazette act Permanent representative: Dirk Vochten
Power of attorney4 facts ▸
  • Board meeting, 09-11-2020
  • Power of attorney, GCV DIVO Management
  • Permanent representative, Dirk Vochten
  • Power of attorney, Peter Meeus
20-10
State Gazette act Appointment: GCV DIVO Management (director)
Permanent representative: Dirk Vochten · Mandate compensation4 facts ▸
  • General meeting, 28-09-2020
  • Director appointment, GCV DIVO Management (director)
  • Permanent representative, Dirk Vochten
  • Mandate compensation, GCV DIVO Management
22-09
State Gazette act Reappointments: CREAD, Vlamigin and Ernst & Young Bedrijfsrevisoren
Permanent representatives: Dirk Hellemans, Redgy Deschacht and Marie-Laure Moreau · Resignation: Redgy Deschacht (permanent representative) · Mandate compensation9 facts ▸
  • General meeting, 02-06-2020
  • Director reappointment, CREAD (director)
  • Permanent representative, Dirk Hellemans
  • Director reappointment, Vlamigin (director)
  • Permanent representative, Redgy Deschacht
  • Mandate compensation, Staca
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren
  • Permanent representative, Marie-Laure Moreau
  • Director resignation, Redgy Deschacht (permanent representative)
26-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-10
State Gazette act Appointment: De Prycker! Consult (director)
Permanent representative: Stefan De Prycker · Mandate compensation4 facts ▸
  • General meeting, 04-06-2018
  • Director appointment, De Prycker! Consult (director)
  • Permanent representative, Stefan De Prycker
  • Mandate compensation, De Prycker! Consult
26-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-08
State Gazette act Reappointment: BVBA Vlamigin (director)
Permanent representatives: Redgy Deschacht and Marie-Laure Moreau · Appointment: Ernst & Young Bedrijfsrevisoren burgerlijke CVBA (statutory auditor) · Resignation: BVBA CREAD (director)7 facts ▸
  • General meeting, 29-06-2017
  • Director reappointment, BVBA Vlamigin (director)
  • Mandate compensation, BVBA Vlamigin
  • Permanent representative, Redgy Deschacht
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren burgerlijke CVBA (statutory auditor)
  • Permanent representative, Marie-Laure Moreau
  • Director resignation, BVBA CREAD (director)
30-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
State Gazette act Appointments: BVBA CREAD (director) and BVBA VLAMIGIN (director)
Power of attorney4 facts ▸
  • Board meeting, 18-04-2016
  • Power of attorney, Peter Meeus
  • Director appointment, BVBA CREAD
  • Director appointment, BVBA VLAMIGIN
2015
18-12
State Gazette act Resignations & appointments · Restructuring
Merger · Accounting effect · Purpose change5 facts ▸
  • General meeting, 29-10-2015
  • Merger, absorption, vereenvoudigde procedure
  • Accounting effect, 01-01-2015
  • Purpose change, Het ondernemen zowel voor eigen rekening als voor rekening van derden, van alle personenvervoer met om het even welk vervoermiddel, evenals het inrichten, het b…
  • Name change, STACA
2014
16-12
State Gazette act Appointment: BV CVBA PricewaterhouseCoopers (statutory auditor)
Permanent representatives: Redgy DESCHACHT and Dirk HELLEMANS · Mandate compensation5 facts ▸
  • General meeting, 29-10-2014
  • Auditor appointment, BV CVBA PricewaterhouseCoopers (statutory auditor)
  • Mandate compensation, BV CVBA PricewaterhouseCoopers
  • Permanent representative, Redgy DESCHACHT
  • Permanent representative, Dirk HELLEMANS
26-11
State Gazette act Restructuring
Permanent representatives: Redgy DESCHACHT and Dirk HELLEMANS · Merger · Accounting effect4 facts ▸
  • Merger, absorption
  • Accounting effect, 01-08-2014
  • Permanent representative, Redgy DESCHACHT
  • Permanent representative, Dirk HELLEMANS
05-11
State Gazette act Resignation: Businorm (director)
Appointment: Viamigin (director) · Permanent representatives: Redgy Deschacht and Dirk Hellemans · Mandate compensation6 facts ▸
  • General meeting, 17-09-2014
  • Director resignation, Businorm (director)
  • Director appointment, Viamigin (director)
  • Permanent representative, Redgy Deschacht
  • Permanent representative, Dirk Hellemans
  • Mandate compensation, KORTENBERGSE BUSONDERNEMING
25-08
State Gazette act Resignations: Margareta Van Pee (director) and Paul Timmermans (director)
Appointments: BUSINORM (director) and CREAD (director) · Permanent representatives: Redgy Deschacht and Dirk Hellemans · Mandate compensation11 facts ▸
  • General meeting, 30-07-2014
  • Board meeting, 30-07-2014
  • Director resignation, Margareta Van Pee (director)
  • Director resignation, Paul Timmermans (director)
  • Director resignation, Margareta Van Pee (managing director)
  • Director appointment, BUSINORM (director)
  • Director appointment, CREAD (director)
  • Permanent representative, Redgy Deschacht
  • Permanent representative, Dirk Hellemans
  • Mandate compensation, BUSINORM
  • Mandate compensation, CREAD
14-08
State Gazette act Resignation: VAN PEE Margareta Maria Marcella Cornelia (statutory manager)
Appointments: VAN PEE Margareta Maria Marcella Cornelia (director) and TIMMERMANS Paul Jozef Maria (director) · Registered-office move · Net-asset statement16 facts ▸
  • General meeting, 28-07-2014
  • Registered-office move, 3070 Kortenberg, Leuvensesteenweg 89
  • Net-asset statement, 31-05-2014
  • Legal-form conversion, Comm.V -> NV
  • Accounting effect, 01-06-2014
  • Capital, €65.000
  • Director resignation, VAN PEE Margareta Maria Marcella Cornelia (statutory manager)
  • Director discharge, VAN PEE Margareta Maria Marcella Cornelia
  • Director appointment, VAN PEE Margareta Maria Marcella Cornelia (director)
  • Director appointment, TIMMERMANS Paul Jozef Maria (director)
  • Mandate compensation, VAN PEE Margareta Maria Marcella Cornelia
  • Mandate compensation, TIMMERMANS Paul Jozef Maria
  • +4 further facts in this act
2012
20-06
State Gazette act Resignations: VAN PEE Margareta Maria Marcella Cornelia (director) and TIMMERMANS Paul Jozef María (director)
Appointment: VAN PEE Margareta Maria Marcella Cornelia (statutory manager) · Legal-form conversion · Accounting effect12 facts ▸
  • General meeting, 01-06-2012
  • Legal-form conversion, Gewone commanditaire vennootschap
  • Accounting effect, 01-04-2012
  • Capital, €65.000
  • Net-asset statement, 31-03-2012
  • Director resignation, VAN PEE Margareta Maria Marcella Cornelia (director)
  • Director resignation, TIMMERMANS Paul Jozef María (director)
  • Director discharge, VAN PEE Margareta Maria Marcella Cornelia
  • Director discharge, TIMMERMANS Paul Jozef María
  • Director appointment, VAN PEE Margareta Maria Marcella Cornelia (statutory manager)
  • Mandate compensation, VAN PEE Margareta Maria Marcella Cornelia
  • Power of attorney, BDO Juridische Adviseurs
2010
16-07
State Gazette act Reappointments: Margareta Van Pee (director) and Paul Timmermans (director)
5 facts ▸
  • General meeting, 07-06-2010
  • Director reappointment, Margareta Van Pee (director)
  • Director reappointment, Paul Timmermans (director)
  • Board meeting, 07-06-2010
  • Director reappointment, Margareta Van Pee (managing director)
2004
12-07
State Gazette act Reappointments: Margareta Van Pee (director) and Paul Timmermans (director)
5 facts ▸
  • General meeting, 07-06-2004
  • Director reappointment, Margareta Van Pee (director)
  • Director reappointment, Paul Timmermans (director)
  • Board meeting, 07-06-2004
  • Director reappointment, Margareta Van Pee (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
21 of 21 acts read

Directors · office · real estate

Directors
5 directors, no change since 2025

Board 5

GCV DIVO Management
Director · since 28-09-2020 · Legal entity · perm. rep.: Dirk Vochten
Current
CREAD
Director · since 05-06-2023 · Legal entity · perm. rep.: Dirk Hellemans
Current
DIVO Management
Director · since 05-06-2023 · Legal entity · perm. rep.: Dirk Vochten
Current
Philippe Dочх
Director · since 12-03-2024
Current
Maarten Voetelink
Director · since 30-09-2025
Current
4 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Paul Jozef Marie Timmermans
Director · since 28-07-2014
Not recently confirmed
CREAD
Director · since 30-07-2014 · Private limited company · perm. rep.: Dirk Hellemans
Not recently confirmed
Viamigin
Director · since 01-09-2014 · Legal entity · perm. rep.: Redgy Deschacht
Not recently confirmed
BVBA VLAMIGIN
Director · since 21-06-2016 · Legal entity · perm. rep.: Redgy Deschacht
Not recently confirmed

Permanent representatives 2

Dirk Hellemans
Permanent representative · since 05-06-2023 · for CREAD
Current
Dirk Vochten
Permanent representative · since 05-06-2023 · for DIVO Management
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Redgy Deschacht
Permanent representative · since 21-06-2016 · for BVBA VLAMIGIN
Not recently confirmed

Statutory auditor 1

Enst & Young Bedrijfsrevisoren
Auditor · since 05-06-2023 · perm. rep.: Marie-Laure Moreau
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kortenberg · 2 establishment units since 1999
seat establishment All 2 establishment units on the map
Ground area
1.3 ha
Building footprint
8,517 m²
Volume, LiDAR
59,326 m³
2 parcels, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
STACA
Leuvensesteenweg 89, 3070 KortenbergAir transport
since 19992.090.531.132
STACA
Wijgmaalsesteenweg 30, 3012 LeuvenAgents specialised in the wholesale of other particular products
since 20152.252.816.585
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24055A0215/00B000 Flanders 1.0 ha 1 · 7,342 m² 12.8 m · 2 fl.
24126C0073/00L004 Flanders 2,637 m² 1 · 1,175 m² 7.4 m · 2 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.

Mandate history

20 people since 2004, 10 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
GCV DIVO Management
  • Director, from 28-09-2020 to date
CREAD
  • Director, already before 05-06-2023 to date
DIVO Management
  • Director, already before 05-06-2023 to date
Philippe Dочх
  • Director, from 12-03-2024 to date
Maarten Voetelink
  • Director, from 30-09-2025 to date
Enst & Young Bedrijfsrevisoren
  • Auditor, from 05-06-2023 to date
Paul Jozef Marie Timmermans
  • Director, until 01-06-2012
  • Director, from 28-07-2014 not ended, last confirmed 14-08-2014
CREAD
  • Director, from 30-07-2014 not ended, last confirmed 25-08-2014
Viamigin
  • Director, from 01-09-2014 not ended, last confirmed 05-11-2014
BVBA VLAMIGIN
  • Director, from 21-06-2016 not ended, last confirmed 16-08-2017
CREAD
  • Director, already before 02-06-2020 to 30-09-2025
Ernst & Young Bedrijfsrevisoren
  • Auditor, from 29-06-2017 to 05-06-2023
VLAMIGIN
  • Director, already before 02-06-2020 to 05-06-2023
De Prycker Consult
  • Director, from 04-06-2018 to 31-05-2022
Redgy Deschacht
  • Permanent representative, until 02-06-2020
BV CVBA PricewaterhouseCoopers
  • Statutory auditor, from 29-10-2014 to 29-06-2017
CREAD BVBA
  • Board, from 21-06-2016 to 29-06-2017
Businorm
  • Director, until 01-09-2014
Paul TIMMERMANS
  • Director, already before 07-06-2004 to 30-07-2014
VAN PEE Margareta Maria Marcella Cornelia
  • Director, already before 07-06-2004 to 01-06-2012
  • Managing director, already before 07-06-2004 to 30-07-2014
  • Statutory manager, from 01-06-2012 to 28-07-2014
  • Director, from 28-07-2014 to 30-07-2014
See the board, name and seat on a given date →

Articles of association

Purpose
Het ondernemen zowel voor eigen rekening als voor rekening van derden, van alle personenvervoer met om het even welk vervoermiddel, evenals het inrichten, het bemakelen en het…
Full purpose

Het ondernemen zowel voor eigen rekening als voor rekening van derden, van alle personenvervoer met om het even welk vervoermiddel, evenals het inrichten, het bemakelen en het verrichten van alle reizen, zowel individueel als collectief, het uitbaten van een werkplaats voor onderhoud en reparatie van voertuigen, het uitbaten van een werkplaats voor herstelling van koetswerk van voertuigen, spuit- en schilderwerk inbegrepen, het uitbaten van een service-station, de aankoop, de in- en uitvoer, de distributie en de verkoop, zowel rechtstreeks als in hoedanigheid van tussenpersoon van alle motorvoertuigen van welke aard ook met onderdelen, bijhorigheden en nevenproducten, het uitbaten van een autoschool, de verhuring van voertuigen van alle aard, alsook het presteren van alle mogelijke diensten die kunnen verband houden met wat voorafgaat, alles in de ruimste zin van het woord. De aan- en verkoop, de in- en uitvoer van alle toebehoren, wisselstukken, onderdelen voor motorvoertuigen, alsmede van alle materialen en uitrusting voor de inrichting van werkplaatsen voor motorvoertuigen. Het onderhoud en de reparatie van motorvoertuigen. Verder het uitvoeren voor zichzelf of voor rekening van derden van takeldiensten, depannages, vervoer van personen en goederen van alle aard, alsmede ambulantiedienst en taxivervoer, dit zowel in binnen- als buitenland. De aan- en verkoop, in- en uitvoer in alle brandstoffen en smeerproducten, alsmede alle petroleumproducten en derivaten en onderdelen welke rechtstreeks of onrechtstreeks verband houden met deze handel en bedrijvigheid. Een patrimonium, grotendeels bestaande uit roerende voorwerpen beheren, behouden en oordeelkundig uitbreiden. Zij zal daartoe onder meer mogen kopen, huren, verhuren, onderhuren, uitrusten, valoriseren, bouwen en zo nodig verkopen, alsmede alle handelingen verrichten die met dit voorwerp in verband staan en die van die aard zijn om de opbrengst van haar patrimonium te bevorderen. Optreden als tussenpersoon, het uitoefenen van bestuursmandaten in andere vennootschappen. Het antwoorden op openbare of privé aanbestedingen zowel inzake personen vervoer of alsook dewelke die in verband staan met mobiliteit in het algemeen of uitbating van parkings. Zij mag onder om het even welke vorm samenwerken of samensmelten in België of in het buitenland met bestaande of nog op te richten vennootschappen waarvan het voorwerp gelijkaardig of verwant is of van aard de realisatie van haar eigen doel te bevorderen of te vergemakkelijken, en zij kan octrooien, brevetten of licenties aanwerven verkopen, alsmede handels- en fabrieksmerken rechtstreeks of onrechtstreeks uitbaten.

Structure & network

Part of the group KEOLIS VLAANDEREN 15 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. KEOLIS VLAANDEREN 99.97%
  2. STACA

Highest known parent: KEOLIS VLAANDEREN. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of STACA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

7 connected companies

Acquisitions and mergers

1 transaction
BE 0400.655.530simplified merger · State Gazette act of 18-12-2015 (2 acts)

Capital and shareholders

Capital over the years
  1. 01-02-2024 Capital stated in 3 acts · 65,000 EUR · 3,550 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 8 entries · 64,411 EUR awarded · 64,411 EUR paid
Year Entries awardedpaid
2025 2 10,291 EUR10,291 EUR
2024 2 13,894 EUR13,894 EUR
2023 2 25,745 EUR25,745 EUR
2022 2 14,481 EUR14,481 EUR
Schemes
4 entries · 37,919 EUR · 37,919 EUR paid · Departement Werk en Sociale Economie
4 entries · 26,492 EUR · 26,492 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 963 companies in sector 49310 we hold annual accounts for 488. 40 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
Founded14-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0464829443
Also 9925:BE0464829443
Registered 02-09-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.