STAL BLAKHEIDE
ActiveSTAL BLAKHEIDE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393k and a net result of €121k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 23% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency32▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.02 in 2024; short-term debt: 85.8% and cash: 2.4% of total assets), and 93.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.8%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3112 sector peers (2025).
NBB · sector comparisonPosition among 3112 sector peers
Solvency
better than 23%
← weakest
strongest →
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €393k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
51 d late
2022
32 d late
2021
11 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€393k▲ 44.7%
2024 · €271k
2018: €246k
2019: €297k
2020: €258k
2021: €234k
2022: €208k
2023: €149k
2024: €271k
2018 → 2025
Total assets
€5.82M▼ 3.5%
2024 · €6.03M
2018: €5.21M
2019: €5.25M
2020: €6.30M
2021: €6.91M
2022: €6.78M
2023: €6.72M
2024: €6.03M
2018 → 2025
Net result
€121k▼ 1.1%
2024 · €123k
2018: €-11k
2019: €51k
2020: €-39k
2021: €-23k
2022: €-26k
2023: €-60k
2024: €123k
2018 → 2025
Working capital
€-4.81M▲ 8.2%
2024 · €-5.24M
2018: €-4.74M
2019: €-4.78M
2020: €-5.06M
2021: €-5.74M
2022: €-5.81M
2023: €-5.90M
2024: €-5.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€234k-€208k▼ 11.1%€149k▼ 28.6%€271k▲ 82.6%€393k▲ 44.7%
Operating result€10k-€13k▲ 37.0%€165▼ 98.8%€167k▲ 101,280%€136k▼ 18.9%
Net result€-23k-€-26k▼ 10.7%€-60k▼ 130%€123k€121k▼ 1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.82M
Fixed assets
€5.64M▼ 5.2%
Current assets
€180k▲ 120%
Equity and liabilities €5.82M
Equity
€393k▲ 44.7%
Debt
€5.42M▼ 5.8%
The debt ratio falls from 95.5% to 93.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€272k▼
2024 · €305k
Cash flow
€258k▼
2024 · €260k
Solvency
6.8%▲
2024 · 4.5%
Current ratio
0.04▲
2024 · 0.02
Quick ratio
0.03▲
2024 · 0.01
Debt / equity
13.81▼
2024 · 21.21
ROE
30.9%▼
2024 · 45.2%
ROA
2.1%▲
2024 · 2.0%
Interest coverage
18.99▲
2024 · 6.84
Debt
€5.42M▼
2024 · €5.76M
Debt ≤ 1 year
€4.99M▼
2024 · €5.32M
Debt > 1 year
€435k▼
2024 · €438k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.03M€5.82M▼
Fixed assets21/28€5.95M€5.64M▼
Tangible fixed assets22/27€5.95M€5.64M▼
Land and buildings22€5.92M€5.48M▼
Plant, machinery and equipment23€23k€20k▼
Furniture and vehicles24€739€137k▲
Assets under construction and advance payments27€4k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€82k€180k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€51k€20k▼
Trade receivables40€47k€15k▼
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€20k€140k▲
Deferred charges and accrued income490/1€5k€14k▲
Equity and liabilities
Total equity and liabilities10/49€6.03M€5.82M▼
Equity10/15€271k€393k▲
Contributions10/11€487k€487k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€-221k€-100k▲
Amounts payable17/49€5.76M€5.42M▼
Amounts payable after more than one year17€438k€435k▼
Financial debts170/4€438k€435k▼
Amounts payable within one year42/48€5.32M€4.99M▼
Current portion of amounts payable after more than one year42€100k€103k▲
Financial debts43€278k-
Credit institutions430/8€278k-
Trade debts44€6k€22k▲
Suppliers440/4€6k€22k▲
Taxes, remuneration and social security45€396-
Taxes450/3€396-
Other amounts payable47/48€4.94M€4.86M▼
Income statement
Code20242025
Non-recurring operating income76A€181k€187k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€137k▼
Other operating charges640/8€22k€12k▼
Gross operating margin9900€327k€285k▼
Operating profit (loss)9901€167k€136k▼
Financial income75/76B-€134
Recurring financial income75-€134
Financial charges65/66B€45k€14k▼
Recurring financial charges65€45k€14k▼
Profit (loss) for the period before taxes9903€123k€121k▼
Profit (loss) for the period9904€123k€121k▼
Profit (loss) for the period to be appropriated9905€123k€121k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-221k€-100k▲
Profit (loss) brought forward from the previous period14P€-344k€-221k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €123k
Net result €123k after 4 loss-making years.
31-12
Financial
Equity above €200kEq €271k ▲82.6%
Equity rises from €149k to €271k.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Turnhout · 1 establishment unit since 2000
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.
Parklaan 1002300 TurnhoutGround area
302 m²
Building footprint
302 m²
Volume, LiDAR
3,651 m³
Parcel 13452N0433/02C000, Flanders · tallest building 18.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
STAL BLAKHEIDE
since 20002.116.067.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452N0433/02C000 | Flanders | 302 m² | 1 · 302 m² | 18.0 m · 4 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.
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AGRI-CROCQ
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ECO FIBRES
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2000
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
92613
01610Support activities for crop production
46214Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.