Equity
STAFFABLE BELGIE paid out €2.0m in dividends. That is 191% of the 2025 profit.
STAFFABLE BELGIE paid out €2.0m in dividends. That is 191% of the 2025 profit.
Green is investment, beige is depreciation.
Between 2023 and 2025, 85% of the full-time equivalents disappeared.
STAFFABLE BELGIE pays its suppliers 32 days earlier than in 2024. Customers pay 11 days earlier.
Six of the last ten came late. The 2021 accounts came latest: 108 days after the end of the period.
Higher net result than 84% of companies in employment activities. Sector median €40,969 · 316 companies.
The dashed line is the sector median: 0.3% across 70 companies (NACE 78, large).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, large). It does better than 84% of them on solvency, 91% on liquidity, 83% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 449 companies had the same profile as STAFFABLE BELGIE has now. Each dot is one company, two years later.
That fits the bankruptcy probability of STAFFABLE BELGIE itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 449 companies, not a prediction for STAFFABLE BELGIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.44 (2.76 in 2024), above the usual 1.5. Short-term debt is 40.8% and cash 48.8% of total assets. 42% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| STAFFABLE BELGIE Ghent | €33.3m | 4.5% | 58.0% | 778.2 |
| Digital Payroll Services Ghent | €31.2m | 2.4% | 6.7% | 609.5 |
| ABSOLUTE@WORK Roeselare | €20.8m | 0.9% | 12.3% | 514.5 |
| JobFIXers Ghent | €39.6m | 5.7% | 21.3% | 546.3 |
| ReCrewtment Antwerp | €46.2m | 1.1% | 25.8% | 709.2 |
| PEPS INTERIM Mons | €28.0m | 1.2% | 12.3% | 376.2 |
| TEAM-ONE EMPLOYMENT SPECIALISTS Herstal | €46.0m | 8.8% | 20.9% | 533.7 |
Grey: the largest companies of the sector (employment activities (NACE 78)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as STAFFABLE BELGIE: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €4.5m and €9.6m, founded between 2003 and 2017.
STAFFABLE BELGIE has existed since 2010. In 2012 the gross margin rose from €32,405 to €583,324.
Solvency fell in 2025 from 63.7% to 58.0% because of the dividend.
OFFIX PAYROLL holds 59.5% of the shares. In February 2025, the Official Gazette published the appointment of EASYPAY as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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