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STAG & HIND

Active
Private limited companyfounded 20233 yrs activeCollegestraat(HRT) 22, 2200 Herentals, BelgiumKBO/BCE: BE 0802.143.973
Summary

The annual accounts of STAG & HIND for fiscal year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €1,037 and a net result of -€4,998. Equity is shrinking by ~114.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 14258 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability35▲+1
Solvency25▼-1
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.0 against 1.01 in 2024; short-term debt: 99.8% and cash: 0.1% of total assets), and 99.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
0.2%
Return on assets
-0.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€4,998
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 14258 sector peers (2025).
NBB · sector comparison
Position among 14258 sector peers
Solvency
better than 20%
← weakest strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
23 d early
2024
35 d early
2023
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 28 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

STAG & HIND was incorporated on 26 May 2023 as a Private limited company.1 Total assets went from EUR 610,527 in 2023 to EUR 592,603 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,037▼ 82.8%
2024 · €6,035
Total assets
€592,603▼ 1.5%
2024 · €601,551
Net result
-€4,998▲ 43.1%
2024 · -€8,783
Working capital
€1,037▼ 82.8%
2024 · €6,035
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line202320242025
Operating result-€5,207--€8,716▼ 67.4%-€4,805▲ 44.9%
Net result-€5,182within the sector's middle half--€8,783within the sector's middle half▼ 69.5%-€4,998within the sector's middle half▲ 43.1%
Equity€14,818within the sector's middle half-€6,035below the sector's middle half▼ 59.3%€1,037below the sector's middle half▼ 82.8%
Total assets€610,527within the sector's middle half-€601,551within the sector's middle half▼ 1.5%€592,603within the sector's middle half▼ 1.5%
Debt€595,709-€595,516=€591,566▼ 0.7%
Working capital€14,818within the sector's middle half-€6,035within the sector's middle half▼ 59.3%€1,037within the sector's middle half▼ 82.8%
Solvency2.4%below the sector's middle half-1.0%below the sector's middle half▼ 1.4pp0.2%below the sector's middle half▼ 0.8pp
Current ratio1.02within the sector's middle half-1.01within the sector's middle half▼ 0.011.00within the sector's middle half▼ 0.01
Return on assets (ROA)-0.8%within the sector's middle half--1.5%within the sector's middle half▼ 0.6pp-0.8%within the sector's middle half▲ 0.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€5,207-€5,207Net result 2023: -€5,182-€5,182Operating result 2024: -€8,716-€8,716Net result 2024: -€8,783-€8,783Operating result 2025: -€4,805-€4,805Net result 2025: -€4,998-€4,998202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€5,207-€5,210Net result 2023: -€5,182-€5,180Operating result 2024: -€8,716-€8,720Net result 2024: -€8,783-€8,780Operating result 2025: -€4,805-€4,800Net result 2025: -€4,998-€5,000202320242025
The operating result stays negative: a loss of €4,805 in 2025 against €8,716 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €592,603
Equity €1,037 ▼ 82.8%
Debt €591,566 ▼ 0.7%
Debt's share of the balance-sheet total rises from 99.0% to 99.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.00▼
2024 · 0.15
ROE
-482.1%▼
2024 · -145.5%
Debt ≤ 1 year
€591,566▼
2024 · €595,516
A ratio outside any meaningful range has been withheld (balance sheet total €592,603, equity €1,037).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 865 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
1.5% went bankrupt
1.7% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 865 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 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€601,551€592,603▼
Current assets29/58€601,551€592,603▼
Stocks and contracts in progress3€511,613€591,859▲
Stocks30/36€511,613€591,859▲
Amounts receivable within one year40/41€3,792€0▼
Trade receivables40€3,792€0▼
Cash at bank and in hand54/58€86,146€744▼
Equity and liabilities
Total equity and liabilities10/49€601,551€592,603▼
Equity10/15€6,035€1,037▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€13,965-€18,963▼
Amounts payable17/49€595,516€591,566▼
Amounts payable within one year42/48€595,516€591,566▼
Trade debts44€5,275€447▼
Suppliers440/4€5,275€447▼
Taxes, remuneration and social security45€139€0▼
Taxes450/3€139€0▼
Other amounts payable47/48€590,101€591,119▲
Income statement Code20242025
Other operating charges640/8€569€585▲
Gross operating margin9900-€8,147-€4,219▲
Operating profit (loss)9901-€8,716-€4,805▲
Financial income75/76B€73€0▼
Recurring financial income75€73€0▼
Financial charges65/66B€139€194▲
Recurring financial charges65€139€194▲
Profit (loss) for the period before taxes9903-€8,783-€4,998▲
Profit (loss) for the period9904-€8,783-€4,998▲
Profit (loss) for the period to be appropriated9905-€8,783-€4,998▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,965-€18,963▼
Profit (loss) brought forward from the previous period14P-€5,182-€13,965▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€485€569€585▲ 2.9%
Gross operating margin9900-€4,721-€8,147-€4,219▲ 48.2%
Operating profit (loss)9901-€5,207-€8,716-€4,805▲ 44.9%
Financial income75/76B€63€73€0▼ 99.9%
Recurring financial income75€63€73€0▼ 99.9%
Financial charges65/66B€39€139€194▲ 39.7%
Recurring financial charges65€39€139€194▲ 39.7%
Profit (loss) for the period before taxes9903-€5,182-€8,783-€4,998▲ 43.1%
Profit (loss) for the period9904-€5,182-€8,783-€4,998▲ 43.1%
Profit (loss) for the period to be appropriated9905-€5,182-€8,783-€4,998▲ 43.1%
Line202320242025Change
Assets
Total assets20/58€610,527€601,551€592,603▼ 1.5%
Current assets29/58€610,527€601,551€592,603▼ 1.5%
Stocks and contracts in progress3€576,531€511,613€591,859▲ 15.7%
Stocks30/36€576,531€511,613€591,859▲ 15.7%
Amounts receivable within one year40/41€18,526€3,792€0▼ 100%
Trade receivables40€18,526€3,792€0▼ 100%
Cash at bank and in hand54/58€15,470€86,146€744▼ 99.1%
Equity and liabilities
Total equity and liabilities10/49€610,527€601,551€592,603▼ 1.5%
Equity10/15€14,818€6,035€1,037▼ 82.8%
Contributions10/11€20,000€20,000€20,000=
Profit (loss) carried forward14-€5,182-€13,965-€18,963▼ 35.8%
Amounts payable17/49€595,709€595,516€591,566▼ 0.7%
Amounts payable within one year42/48€595,709€595,516€591,566▼ 0.7%
Trade debts44€25,629€5,275€447▼ 91.5%
Suppliers440/4€25,629€5,275€447▼ 91.5%
Taxes, remuneration and social security45-€139€0▼ 100%
Taxes450/3-€139€0▼ 100%
Other amounts payable47/48€570,080€590,101€591,119▲ 0.2%
Line202320242025Change
Profit (loss) for the period9904-€5,182-€8,783-€4,998▲ 43.1%
Operating cash flow (approximation)-€5,182-€8,783-€4,998▲ 43.1%
Change in cash-€70,676-€85,402▼ 221%

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
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€8,783
Net result drops to -€8,783, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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, Herentals · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,172 m²
Building footprint
306 m²
Volume, LiDAR
2,214 m³
Parcel 13011F0313/00T002, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STAG & HIND
Collegestraat(HRT) 22, 2200 HerentalsHoldings
since 20232.345.445.449
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13011F0313/00T002 Flanders 1,172 m² 1 · 306 m² 12.8 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.

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 488 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
Founded26-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802143973
Also 9925:BE0802143973
Registered 18-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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