STAL VANDERHASSELT
ActiveSTAL VANDERHASSELT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €-81k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 63% of 890 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-28
Solvency71▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.97 in 2024; short-term debt: 40.7% and cash: 2.6% of total assets), and 53.7% 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 93
Relative position
BE, all sectors
reference
Sector 93
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
46.3%
Return on assets
-3.5%
Age of the figures
12 mo
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 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
2 d early
2023
1 d early
2022
2 d early
2021
4 d early
2020
2 d early
2018
28 d late
← 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
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€871k
EBIT margin
-1.6%
Net result
€-81k
2024 · €24k
2018: €-44k
2020: €520k
2021: €-5k
2022: €150k
2023: €-178k
2024: €24k
2018 → 2025
Working capital
€-64k▼ 175%
2024 · €-23k
2018: €-276k
2020: €36k
2021: €129k
2022: €115k
2023: €-68k
2024: €-23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.17M-€1.32M▲ 12.8%€1.15M▼ 13.4%€1.17M▲ 2.1%€1.09M▼ 6.9%
Operating result€13k-€218k▲ 1,588%€-156k€48k€-55k
Net result€-5k-€150k€-178k€24k€-81k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €55k after €48k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.36M
Fixed assets
€1.46M▼ 5.2%
Current assets
€895k▲ 18.5%
Equity and liabilities €2.36M
Equity
€1.09M▼ 6.9%
Debt
€1.27M▲ 12.6%
The debt ratio rises from 49.0% to 53.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€88k▼
2024 · €184k
Cash flow
€61k▼
2024 · €160k
Solvency
46.3%▼
2024 · 51.0%
Current ratio
0.93▼
2024 · 0.97
Quick ratio
0.39▲
2024 · 0.32
Debt / equity
1.16▲
2024 · 0.96
ROE
-7.5%▼
2024 · 2.1%
ROA
-3.5%▼
2024 · 1.1%
Interest coverage
3.31▼
2024 · 7.77
Debt
€1.27M▲
2024 · €1.12M
Debt ≤ 1 year
€959k▲
2024 · €778k
Debt > 1 year
€298k▼
2024 · €343k
Income taxes
€0▼
2024 · €241
Staff costs
€145k▼
2024 · €156k
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€2.30M€2.36M▲
Fixed assets21/28€1.54M€1.46M▼
Tangible fixed assets22/27€1.54M€1.46M▼
Land and buildings22€1.38M€1.31M▼
Plant, machinery and equipment23€125k€112k▼
Furniture and vehicles24€20k€17k▼
Other tangible fixed assets26€12k€20k▲
Financial fixed assets28€124€624▲
Current assets29/58€755k€895k▲
Stocks and contracts in progress3€502k€520k▲
Stocks30/36€502k€520k▲
Amounts receivable within one year40/41€115k€260k▲
Trade receivables40€68k€260k▲
Other amounts receivable41€47k€0▼
Cash at bank and in hand54/58€57k€62k▲
Deferred charges and accrued income490/1€81k€53k▼
Equity and liabilities
Total equity and liabilities10/49€2.30M€2.36M▲
Equity10/15€1.17M€1.09M▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€1.25M€1.25M=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€1.24M€1.24M=
Profit (loss) carried forward14€-153k€-235k▼
Amounts payable17/49€1.12M€1.27M▲
Amounts payable after more than one year17€343k€298k▼
Financial debts170/4€343k€298k▼
Amounts payable within one year42/48€778k€959k▲
Current portion of amounts payable after more than one year42€50k€46k▼
Financial debts43€0-
Other loans439€0-
Trade debts44€106k€280k▲
Suppliers440/4€106k€280k▲
Taxes, remuneration and social security45€17k€20k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€15k€7k▼
Other amounts payable47/48€605k€614k▲
Accrued charges and deferred income492/3€3k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€156k€145k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136k€142k▲
Other operating charges640/8€9k€12k▲
Gross operating margin9900€349k€244k▼
Operating profit (loss)9901€48k€-55k▼
Financial income75/76B€415€5▼
Recurring financial income75€415€5▼
Financial charges65/66B€24k€26k▲
Recurring financial charges65€24k€26k▲
Profit (loss) for the period before taxes9903€25k€-81k▼
Income taxes67/77€241€0▼
Profit (loss) for the period9904€24k€-81k▼
Profit (loss) for the period to be appropriated9905€24k€-81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-153k€-235k▼
Profit (loss) brought forward from the previous period14P€-178k€-153k▲
Social balance
Average headcount (FTE)90875.15.4▲
The notes to these accounts (13 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-178k ▼218%
Net result drops to €-178k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €150k
Net result €150k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €520k
Net result €520k after one loss-making year.
30-09
Financial
Equity above €1MEq €1.18M ▲72.9%
Equity rises from €682k to €1.18M.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Ternat · 2 establishment units since 1995
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.
Vitseroelstraat 661740 TernatGround area
7,152 m²
Building footprint
2,201 m²
Volume, LiDAR
14,274 m³
3 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KEIJENBERG STOETERIJ
since 19952.071.245.354
SPORTSTAL VANDERHASSELT
since 20222.336.637.453
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070D0087/00M000 | Flanders | 3,149 m² | 1 · 971 m² | 9.9 m · 2 fl. |
| 23086B0345/00D000 | Flanders | 3,134 m² | 1 · 1,061 m² | 12.4 m · 2 fl. |
| 23091C0428/00P002 | Flanders | 870 m² | 1 · 169 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2024 to 2025 · 2 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Food safety, FASFC
1 siteTernat2.071.245.354
Dual-learning approval
3 live approvals · 2 endedHippisch assistent duaal (so)
Paardenhouder duaal (so)
Paardenhouderij duaal (so)
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 842 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1995
Fiscal year end30-09
Activities, NACEBEL
92613
93110Operation of sports facilities
01220
01450Raising of sheep and goats
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.vanderhasselt.com
E-mail:christophe@vanderhasselt.com