STAL EIGENLO
ActiveSTAL EIGENLO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.77M and a net result of €945k. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 1720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+67
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 7.18 against 14.38 in 2024), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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 · 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
88.5%
Return on assets
22.2%
Age of the figures
11 mo
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
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
on the day
2022
2 d late
2021
4 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
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 monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.77M▲ 33.4%
2024 · €2.83M
2018: €49k
2019: €104k
2020: €270k
2021: €810k
2022: €2.25M
2023: €2.65M
2024: €2.83M
2018 → 2025
Total assets
€4.26M▲ 17.9%
2024 · €3.61M
2018: €3.88M
2019: €3.19M
2020: €3.07M
2021: €6.84M
2022: €4.59M
2023: €4.51M
2024: €3.61M
2018 → 2025
Net result
€945k▲ 405%
2024 · €187k
2018: €33k
2019: €100k
2020: €211k
2021: €576k
2022: €1.48M
2023: €430k
2024: €187k
2018 → 2025
Working capital
€2.53M▲ 5.0%
2024 · €2.41M
2018: €2.73M
2019: €2.76M
2020: €2.47M
2021: €3.30M
2022: €3.12M
2023: €3.44M
2024: €2.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€810k-€2.25M▲ 178%€2.65M▲ 17.5%€2.83M▲ 6.7%€3.77M▲ 33.4%
Operating result€776k-€2.21M▲ 185%€529k▼ 76.1%€-26k€1.32M
Net result€576k-€1.48M▲ 157%€430k▼ 71.0%€187k▼ 56.4%€945k▲ 405%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.32M after a loss of €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.26M
Fixed assets
€1.32M▲ 29.1%
Current assets
€2.94M▲ 13.5%
Equity and liabilities €4.26M
Equity
€3.77M▲ 33.4%
Debt
€490k▼ 37.8%
The debt ratio falls from 21.8% to 11.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.45M▲
2024 · €95k
Cash flow
€1.08M▲
2024 · €308k
Solvency
88.5%▲
2024 · 78.2%
Current ratio
7.18▼
2024 · 14.38
Quick ratio
2.91▼
2024 · 3.40
Debt / equity
0.13▼
2024 · 0.28
ROE
25.1%▲
2024 · 6.6%
ROA
22.2%▲
2024 · 5.2%
Interest coverage
103.31▲
2024 · 13.47
Debt
€490k▼
2024 · €787k
Debt ≤ 1 year
€409k▲
2024 · €180k
Debt > 1 year
€18k▼
2024 · €545k
Income taxes
€414k▲
2024 · €75k
Staff costs
€11k
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€3.61M€4.26M▲
Fixed assets21/28€1.02M€1.32M▲
Tangible fixed assets22/27€1.02M€1.32M▲
Land and buildings22€584k€802k▲
Plant, machinery and equipment23€75k€106k▲
Furniture and vehicles24€365k€413k▲
Current assets29/58€2.59M€2.94M▲
Stocks and contracts in progress3€1.98M€1.75M▼
Stocks30/36€1.98M€1.75M▼
Amounts receivable within one year40/41€246k€255k▲
Trade receivables40€240k€232k▼
Other amounts receivable41€6k€24k▲
Current investments50/53€286k€890k▲
Cash at bank and in hand54/58€79k€45k▼
Deferred charges and accrued income490/1€774€3k▲
Equity and liabilities
Total equity and liabilities10/49€3.61M€4.26M▲
Equity10/15€2.83M€3.77M▲
Contributions10/11€20k€20k=
Reserves13€2.81M€3.75M▲
Distributable reserves133€2.81M€3.75M▲
Amounts payable17/49€787k€490k▼
Amounts payable after more than one year17€545k€18k▼
Financial debts170/4€32k€18k▼
Other amounts payable178/9€512k-
Amounts payable within one year42/48€180k€409k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€54k€356k▲
Suppliers440/4€54k€356k▲
Taxes, remuneration and social security45€63k€2k▼
Taxes450/3€63k€72▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€49k€37k▼
Accrued charges and deferred income492/3€63k€63k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€134k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€-8k▼
Other operating charges640/8€5k€7k▲
Non-recurring operating charges66A-€485
Gross operating margin9900€115k€1.46M▲
Operating profit (loss)9901€-26k€1.32M▲
Financial income75/76B€295k€58k▼
Recurring financial income75€295k€58k▼
Financial charges65/66B€7k€14k▲
Recurring financial charges65€7k€14k▲
Profit (loss) for the period before taxes9903€262k€1.36M▲
Income taxes67/77€75k€414k▲
Profit (loss) for the period9904€187k€945k▲
Profit (loss) for the period to be appropriated9905€187k€945k▲
Appropriation of the result
Profit (loss) to be appropriated9906€187k€945k▲
Transfer to equity691/2€178k€945k▲
To other reserves6921€178k€945k▲
Profit to be distributed694/7€9k-
Directors or managers695€9k-
Social balance
Average headcount (FTE)9087-0.9
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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity quadruplescurrent ratio 28.95
Current ratio from 7.97 to 28.95; short-term debt falls from €448k to €123k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Highest result since 2018net €1.48M ▲157%
Operating result €2.21M, net result €1.48M, both a record.
30-09
Financial
Liquidity quadruplescurrent ratio 7.97
Current ratio from 2.22 to 7.97; short-term debt falls from €2.71M to €448k.
30-09
Financial
Equity above €2MEq €2.25M ▲178%
5 profitable years in a row build equity to €2.25M.
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
30-09
Financial
Equity above €500kEq €810k ▲200%
4 profitable years in a row build equity to €810k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €270k ▲159%
3 profitable years in a row build equity to €270k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity triplescurrent ratio 9.19
Current ratio from 3.52 to 9.19; short-term debt falls from €1.08M to €337k.
30-09
Financial
Equity above €100kEq €104k ▲111%
2 profitable years in a row build equity to €104k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 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, Sint-Gillis-Waas · 1 establishment unit since 2007
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.
Heerweg(SP) 59170 Sint-Gillis-WaasGround area
3.4 ha
Building footprint
151 m²
Volume, LiDAR
153 m³
Parcel 46022A0292/00X000, Flanders · tallest building 5.5 m. Linked by address, not a title deed.
1 establishment unit
GL Graphics
since 20072.166.019.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022A0292/00X000 | Flanders | 3.4 ha | 1 · 151 m² | 5.5 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
875500E505UT8BEVOH15
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Of 1,946 companies in sector 01430 we hold annual accounts for 739. 191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2007
Fiscal year end30-09
Activities, NACEBEL
01430Raising of horses and other equines
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.