Skip to content

STAGE 86

Active
Private limited companyfounded 20224 yrs activeChaussée d'Andenne 18/A, 4500 Huy, BelgiumKBO/BCE: BE 0788.817.955
Summary

The computed 12-month bankruptcy probability of STAGE 86 is 2.3% (moderate). The 2024 annual accounts show equity of €48,615 and a net result of €17,948. Its solvency ranks better than 25% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability53▼-18
Solvency28▲+1
Growth52
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 1.44 in 2023; short-term debt: 72.6% and cash: 2.4% of total assets), and 96.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+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 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 26043 sector peers (2024).
NBB · sector comparison
Position among 26043 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
17 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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 22 July 2022, STAGE 86 was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

Financials · fiscal year 2024, micro schema

Equity
€48,615▲ 58.5%
2023 · €30,667
Total assets
€1.5m▲ 17.8%
2023 · €1.3m
Net result
€17,948▼ 13.2%
2023 · €20,667
Working capital
€406,379▲ 4.2%
2023 · €390,169
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20232024
Operating result€26,282-€30,962▲ 17.8%
Net result€20,667above the sector's middle half-€17,948within the sector's middle half▼ 13.2%
Equity€30,667within the sector's middle half-€48,615within the sector's middle half▲ 58.5%
Total assets€1.3mabove the sector's middle half-€1.5mabove the sector's middle half▲ 17.8%
Debt€1.2m-€1.5m▲ 16.8%
Working capital€390,169above the sector's middle half-€406,379above the sector's middle half▲ 4.2%
Solvency2.4%below the sector's middle half-3.2%below the sector's middle half▲ 0.8pp
Current ratio1.44within the sector's middle half-1.37within the sector's middle half▼ 0.07
Return on assets (ROA)1.6%within the sector's middle half-1.2%within the sector's middle half▼ 0.4pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, 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
€0€10,000€20,000€30,000Operating result 2023: €26,282€26,282Net result 2023: €20,667€20,667Operating result 2024: €30,962€30,962Net result 2024: €17,948€17,94820232024€0€10,000€20,000€30,000Operating result 2023: €26,282€26,300Net result 2023: €20,667€20,700Operating result 2024: €30,962€31,000Net result 2024: €17,948€17,90020232024
The operating result rises in 2024; 2024 is 18% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €5,891 ▲ 236%
Current assets €1.5m ▲ 17.5%
Equity and liabilities €1.5m
Equity €48,615 ▲ 58.5%
Debt €1.5m ▲ 16.8%
Debt's share of the balance-sheet total falls from 97.6% to 96.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€32,119▲
2023 · €26,554
Cash flow
€19,105▼
2023 · €20,939
Quick ratio
0.24▲
2023 · 0.09
Debt to equity
29.98▼
2023 · 40.69
ROE
36.9%▼
2023 · 67.4%
Interest coverage
3.93▼
2023 · 98.44
Debt ≤ 1 year
€1.1m▲
2023 · €886,454
Debt > 1 year
€361,258=
2023 · €361,258
Income taxes
€4,846▼
2023 · €5,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,340 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% 1.8%
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% 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 1,514 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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.5m▲
Fixed assets21/28€1,755€5,891▲
Tangible fixed assets22/27€1,755€5,006▲
Plant, machinery and equipment23€1,755€5,006▲
Financial fixed assets28-€885
Current assets29/58€1.3m€1.5m▲
Stocks and contracts in progress3€1.2m€1.2m▲
Stocks30/36€1.2m€1.2m▲
Amounts receivable within one year40/41€38,202€223,649▲
Trade receivables40€11,484€223,649▲
Other amounts receivable41€26,718-
Cash at bank and in hand54/58€40,458€35,462▼
Deferred charges and accrued income490/1€275€580▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲
Equity10/15€30,667€48,615▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€20,667€38,615▲
Amounts payable17/49€1.2m€1.5m▲
Amounts payable after more than one year17€361,258€361,258=
Other amounts payable178/9€361,258€361,258=
Amounts payable within one year42/48€886,454€1.1m▲
Trade debts44€144,285€104,638▼
Suppliers440/4€144,285€104,638▼
Taxes, remuneration and social security45€19,146€23,617▲
Taxes450/3€19,146€23,617▲
Other amounts payable47/48€723,023€965,343▲
Accrued charges and deferred income492/3-€2,398
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272€1,157▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18,439
Other operating charges640/8€1,383€1,042▼
Non-recurring operating charges66A-€549
Gross operating margin9900€27,937€52,149▲
Operating profit (loss)9901€26,282€30,962▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€270€8,167▲
Recurring financial charges65€270€8,167▲
Profit (loss) for the period before taxes9903€26,012€22,795▼
Income taxes67/77€5,346€4,846▼
Profit (loss) for the period9904€20,667€17,948▼
Profit (loss) for the period to be appropriated9905€20,667€17,948▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,667€38,615▲
Profit (loss) brought forward from the previous period14P-€20,667

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272€1,157▲ 325%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18,439-
Other operating charges640/8€1,383€1,042▼ 24.7%
Non-recurring operating charges66A-€549-
Gross operating margin9900€27,937€52,149▲ 86.7%
Operating profit (loss)9901€26,282€30,962▲ 17.8%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€270€8,167▲ 2,928%
Recurring financial charges65€270€8,167▲ 2,928%
Profit (loss) for the period before taxes9903€26,012€22,795▼ 12.4%
Income taxes67/77€5,346€4,846▼ 9.3%
Profit (loss) for the period9904€20,667€17,948▼ 13.2%
Profit (loss) for the period to be appropriated9905€20,667€17,948▼ 13.2%
Line20232024Change
Assets
Total assets20/58€1.3m€1.5m▲ 17.8%
Fixed assets21/28€1,755€5,891▲ 236%
Tangible fixed assets22/27€1,755€5,006▲ 185%
Plant, machinery and equipment23€1,755€5,006▲ 185%
Financial fixed assets28-€885-
Current assets29/58€1.3m€1.5m▲ 17.5%
Stocks and contracts in progress3€1.2m€1.2m▲ 3.6%
Stocks30/36€1.2m€1.2m▲ 3.6%
Amounts receivable within one year40/41€38,202€223,649▲ 485%
Trade receivables40€11,484€223,649▲ 1,848%
Other amounts receivable41€26,718--
Cash at bank and in hand54/58€40,458€35,462▼ 12.3%
Deferred charges and accrued income490/1€275€580▲ 111%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲ 17.8%
Equity10/15€30,667€48,615▲ 58.5%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€20,667€38,615▲ 86.8%
Amounts payable17/49€1.2m€1.5m▲ 16.8%
Amounts payable after more than one year17€361,258€361,258=
Other amounts payable178/9€361,258€361,258=
Amounts payable within one year42/48€886,454€1.1m▲ 23.4%
Trade debts44€144,285€104,638▼ 27.5%
Suppliers440/4€144,285€104,638▼ 27.5%
Taxes, remuneration and social security45€19,146€23,617▲ 23.4%
Taxes450/3€19,146€23,617▲ 23.4%
Other amounts payable47/48€723,023€965,343▲ 33.5%
Accrued charges and deferred income492/3-€2,398-
Line20232024Change
Profit (loss) for the period9904€20,667€17,948▼ 13.2%
+ Depreciation and write-downs630€272€1,157▲ 325%
Operating cash flow (approximation)€20,939€19,105▼ 8.8%
Investment in fixed assets (approximation)--€5,293-
Change in cash--€4,996-

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

Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
17-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
NBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Huy · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,309 m²
Parcel 61007C0542/02W004, Wallonia. Linked by address, not a title deed.
1 establishment unit
STAGE 86
Chaussée d'Andenne 18/A, 4500 HuyManufacture of motor vehicles, trailers and semi-trailers
since 20222.335.503.741
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61007C0542/02W004 Wallonia 1,309 m² - -
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 10,662 companies in sector 47811 we hold annual accounts for 5,227. 3,300 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
Founded22-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
82990Other business support services
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788817955
Also 9925:BE0788817955
Registered 15-01-2026

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

Register as of 30 September 2026 · Peppol Directory

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