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STAL AEGTEN

Active
Private limited companyfounded 200818 yrs activeMeeuwerbaan 66, 3990 Peer, BelgiumKBO/BCE: BE 0897.936.621
Summary

STAL AEGTEN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €693k and a net result of €25k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 50% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+6
Solvency58=
Growth52▼-4
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.57 in 2024; short-term debt: 18.2% of total assets), and 67.3% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
32.7%
Return on assets
1.2%
Age of the figures
12 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 18 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
43 d early
2023
28 d early
2022
4 d early
2021
11 d late
2020
6 d late
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Turnover
€616k▼ 5.2%
2024 · €650k
2021: €503k 2022: €594k 2023: €630k 2024: €650k
2021 → 2025
EBIT margin
11.4%▲ 3.2pp
2024 · 8.2%
2021: 10.5% 2022: 4.3% 2023: 5.5% 2024: 8.2%
2021 → 2025
Net result
€25k▲ 2,081%
2024 · €1k
2018: €33k 2019: €4k 2020: €36k 2021: €28k 2022: €10k 2023: €-519 2024: €1k
2018 → 2025
Working capital
€164k▼ 4.2%
2024 · €171k
2018: €156k 2019: €165k 2020: €166k 2021: €206k 2022: €227k 2023: €233k 2024: €171k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€503k-€594k▲ 18.0%€630k▲ 6.2%€650k▲ 3.2%€616k▼ 5.2%
Equity€674k-€680k▲ 0.9%€676k▼ 0.7%€672k▼ 0.5%€693k▲ 3.1%
Operating result€53k-€25k▼ 52.1%€35k▲ 37.7%€53k▲ 52.9%€70k▲ 31.8%
Net result€28k-€10k▼ 63.8%€-519€1k€25k▲ 2,081%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60k€80kOperating result 2021: €53k€53kNet result 2021: €28k€28kOperating result 2022: €25k€25kNet result 2022: €10k€10kOperating result 2023: €35k€35kNet result 2023: €-519€-519Operating result 2024: €53k€53kNet result 2024: €1k€1kOperating result 2025: €70k€70kNet result 2025: €25k€25k20212022202320242025€-20k€0€20k€40k€60k€80kOperating result 2023: €35k€35kNet result 2023: €-519€-519Operating result 2024: €53k€53kNet result 2024: €1k€1.1kOperating result 2025: €70k€70kNet result 2025: €25k€25k202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.12M
Fixed assets €1.57M ▼ 1.0%
Current assets €549k ▲ 16.4%
Equity and liabilities €2.12M
Equity €693k ▲ 3.1%
Provisions €6k ▲ 107%
Debt €1.42M ▲ 2.7%
Debt's share of the balance-sheet total falls from 67.2% to 67.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€159k
2024 · €155k
Cash flow
€114k
2024 · €103k
Current ratio
1.42
2024 · 1.57
Quick ratio
0.75
2024 · 0.79
Debt to equity
2.05
2024 · 2.06
ROE
3.6%
2024 · 0.2%
ROA
1.2%
2024 · 0.1%
Interest coverage
3.63
2024 · 2.72
Debt ≤ 1 year
€386k
2024 · €301k
Debt > 1 year
€1.03M
2024 · €1.08M
Income taxes
€4k
2024 · €424
Staff costs
€5k
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 · 69 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.06M€2.12M
Fixed assets21/28€1.59M€1.57M
Tangible fixed assets22/27€1.59M€1.57M
Land and buildings22€1.52M€1.45M
Plant, machinery and equipment23€39k€27k
Furniture and vehicles24€33k€22k
Leasing and similar rights25-€69k
Financial fixed assets28€1k€1k=
Current assets29/58€472k€549k
Stocks and contracts in progress3€235k€261k
Stocks30/36€235k€261k
Amounts receivable within one year40/41€236k€286k
Trade receivables40€235k€276k
Other amounts receivable41€1k€10k
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€1k€3k
Equity and liabilities
Total equity and liabilities10/49€2.06M€2.12M
Equity10/15€672k€693k
Contributions10/11€440k€440k=
Reserves13€179k€204k
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Tax-exempt reserves132€6k€16k
Distributable reserves133€166k€181k
Profit (loss) carried forward14€627€627=
Investment grants15€52k€48k
Provisions and deferred taxes16€3k€6k
Deferred taxes168€3k€6k
Amounts payable17/49€1.39M€1.42M
Amounts payable after more than one year17€1.08M€1.03M
Financial debts170/4€1.08M€1.03M
Amounts payable within one year42/48€301k€386k
Current portion of amounts payable after more than one year42€105k€119k
Financial debts43€85k€34k
Credit institutions430/8€85k€34k
Trade debts44€85k€137k
Suppliers440/4€85k€137k
Advances received on contracts in progress46€0€52k
Taxes, remuneration and social security45€7k€25k
Taxes450/3€7k€24k
Remuneration and social security454/9-€660
Other amounts payable47/48€21k€19k
Accrued charges and deferred income492/3€3k€6k
Income statement Code20242025
Turnover70€650k€616k
Non-recurring operating income76A€0€14k
Goods, raw materials, services and sundry goods60/61€501k€460k
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€89k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€6k
Other operating charges640/8€9k€16k
Non-recurring operating charges66A€1k€0
Gross operating margin9900€165k€185k
Operating profit (loss)9901€53k€70k
Financial income75/76B€5k€6k
Recurring financial income75€5k€6k
Financial charges65/66B€57k€44k
Recurring financial charges65€57k€44k
Profit (loss) for the period before taxes9903€1k€32k
Transfer from deferred taxes780€226€323
Transfer to deferred taxes680-€3k
Income taxes67/77€424€4k
Profit (loss) for the period9904€1k€25k
Transfer from tax-exempt reserves789-€290
Transfer to tax-exempt reserves689-€10k
Profit (loss) for the period to be appropriated9905€1k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€627€16k
Profit (loss) brought forward from the previous period14P€-519€627
Transfer to equity691/2-€15k
To other reserves6921-€15k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
08-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
02-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet €-519 ▼105%
Net result drops to €-519, the lowest in the series; recovery starts the following year.
26-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
06-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
30-09
Financial Highest result since 2018net €36k ▲729%
Net result €36k, the highest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 3 days late
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are 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, Peer · 1 establishment unit since 2008
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meeuwerbaan 663990 Peer
Ground area
1,356 m²
Building footprint
851 m²
Volume, LiDAR
3,846 m³
Parcel 72030D0958/00K009, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BVBA Stal Aegten
Meeuwerbaan 66, 3990 PeerRaising of horses and other equines
since 20082.171.497.824
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72030D0958/00K009 Flanders 1,356 m² 1 · 851 m² 9.9 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid
Year Entries awardedpaid
2025 1 1,000 EUR1,000 EUR
Schemes
Premie kwalificerend werkplekleren
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 live approvals · 2 ended
Hippisch assistent duaal (so)
Goedgekeurd · 2025 to 2030
Paardenhouder duaal (so)
Goedgekeurd · 2025 to 2030
Paardenhouderij duaal (so)
Goedgekeurd · 2025 to 2030
Show 2 ended approvals
Hippisch assistent duaal (so)
ended · 2018 to 2023
Paardenhouder (so)
ended · 2018 to 2023

Similar companies · same sector, comparable size

Of 1,957 companies in sector 01430 we hold annual accounts for 743. 434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-05-2008
Fiscal year end30-09
Activities, NACEBEL 2025
01430Raising of horses and other equines
68110Buying and selling of own real estate
77310Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

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