StalCo
ActiveSummary
The computed 12-month bankruptcy probability of StalCo is 5.8% (elevated). The annual accounts of StalCo for fiscal year 2025 show a net loss of 68% of total assets. The 2025 annual accounts show equity of €884k and a net result of €-2.08M. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.58; short-term debt: 56.5% and cash: 31.3% of total assets), and 71.2% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 1 filingDeviation from the deadline
2025
3 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€884k
Total assets
€3.07M
Net result
€-2.08M
Working capital
€-724k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €3.07M
Fixed assets
€2.06M
Current assets
€1.01M
Equity and liabilities €3.07M
Equity
€884k
Debt
€2.18M
Debt finances 71.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€-107k
Cash flow
€-2.08M
Current ratio
0.58
Debt to equity
2.47
ROE
-235.6%
ROA
-67.9%
Interest coverage
-4.98
Debt ≤ 1 year
€1.73M
Debt > 1 year
€429k
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet
Code2025
Assets
Total assets20/58€3.07M
Fixed assets21/28€2.06M
Financial fixed assets28€2.06M
Current assets29/58€1.01M
Amounts receivable within one year40/41€51k
Other amounts receivable41€51k
Cash at bank and in hand54/58€959k
Equity and liabilities
Total equity and liabilities10/49€3.07M
Equity10/15€884k
Contributions10/11€2.97M
Profit (loss) carried forward14€-2.08M
Amounts payable17/49€2.18M
Amounts payable after more than one year17€429k
Financial debts170/4€429k
Amounts payable within one year42/48€1.73M
Current portion of amounts payable after more than one year42€71k
Trade debts44€101k
Suppliers440/4€101k
Other amounts payable47/48€1.56M
Accrued charges and deferred income492/3€20k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k
Other operating charges640/8€787
Gross operating margin9900€-106k
Operating profit (loss)9901€-114k
Financial income75/76B€1k
Recurring financial income75€1k
Financial charges65/66B€1.97M
Recurring financial charges65€21k
Non-recurring financial charges66B€1.95M
Profit (loss) for the period before taxes9903€-2.08M
Profit (loss) for the period9904€-2.08M
Profit (loss) for the period to be appropriated9905€-2.08M
Appropriation of the result
Profit (loss) to be appropriated9906€-2.08M
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k |
| Other operating charges640/8 | €787 |
| Gross operating margin9900 | €-106k |
| Operating profit (loss)9901 | €-114k |
| Financial income75/76B | €1k |
| Recurring financial income75 | €1k |
| Financial charges65/66B | €1.97M |
| Recurring financial charges65 | €21k |
| Non-recurring financial charges66B | €1.95M |
| Profit (loss) for the period before taxes9903 | €-2.08M |
| Profit (loss) for the period9904 | €-2.08M |
| Profit (loss) for the period to be appropriated9905 | €-2.08M |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €3.07M | |
| Fixed assets21/28 | €2.06M | |
| Financial fixed assets28 | €2.06M | |
| Current assets29/58 | €1.01M | |
| Amounts receivable within one year40/41 | €51k | |
| Other amounts receivable41 | €51k | |
| Cash at bank and in hand54/58 | €959k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €3.07M | |
| Equity10/15 | €884k | |
| Contributions10/11 | €2.97M | |
| Profit (loss) carried forward14 | €-2.08M | |
| Amounts payable17/49 | €2.18M | |
| Amounts payable after more than one year17 | €429k | |
| Financial debts170/4 | €429k | |
| Amounts payable within one year42/48 | €1.73M | |
| Current portion of amounts payable after more than one year42 | €71k | |
| Trade debts44 | €101k | |
| Suppliers440/4 | €101k | |
| Other amounts payable47/48 | €1.56M | |
| Accrued charges and deferred income492/3 | €20k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-2.08M |
| + Depreciation and write-downs630 | €7k |
| Operating cash flow (approximation) | €-2.08M |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2024
Ground area
161 m²
Building footprint
102 m²
Volume, LiDAR
1,337 m³
Parcel 21807G0158/00P000, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
StalCo
since 20242.367.517.107
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0158/00P000 | Brussels | 161 m² | 1 · 102 m² | 19.3 m · 5 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.