STALEX
ActiveSummary
STALEX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €504k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency37▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.02 in 2024; short-term debt: 88% and cash: 12.9% of total assets), and 88% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
12%
Return on assets
78.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
70 d early
2024
27 d late
2023
121 d early
2022
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 242%
2024 · €22k
2022: €22klowest in 4 years
2023: €22k● +0.0% vs 2022
2024: €22k▲ +0.6% vs 2023
2025: €76k▲ +242% vs 2024highest in 4 years
2022 → 2025
Total assets
€639k▼ 4.3%
2024 · €667k
2022: €545klowest in 4 years
2023: €738k▲ +35.5% vs 2022highest in 4 years
2024: €667k▼ -9.6% vs 2023
2025: €639k▼ -4.3% vs 2024
2022 → 2025
Net result
€504k▲ 18.1%
2024 · €426k
2022: €225klowest in 4 years
2023: €359k▲ +59.6% vs 2022
2024: €426k▲ +18.6% vs 2023
2025: €504k▲ +18.1% vs 2024highest in 4 years
2022 → 2025
Working capital
€66k▲ 433%
2024 · €12k
2022: €-29klowest in 4 years
2023: €-25k▲ +12.9% vs 2022
2024: €12k▲ +150% vs 2023
2025: €66k▲ +433% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€22k-€22k=€22k▲ 0.6%€76k▲ 242%
2022: €22klowest in 4 years
2023: €22k● +0.0% vs 2022
2024: €22k▲ +0.6% vs 2023
2025: €76k▲ +242% vs 2024highest in 4 years
Operating result€298k-€477k▲ 60.3%€582k▲ 21.9%€674k▲ 15.9%
2022: €298klowest in 4 years
2023: €477k▲ +60.3% vs 2022
2024: €582k▲ +21.9% vs 2023
2025: €674k▲ +15.9% vs 2024highest in 4 years
Net result€225k-€359k▲ 59.6%€426k▲ 18.6%€504k▲ 18.1%
2022: €225klowest in 4 years
2023: €359k▲ +59.6% vs 2022
2024: €426k▲ +18.6% vs 2023
2025: €504k▲ +18.1% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €639k
Fixed assets
€11k ▲ 6.1%
Current assets
€628k ▼ 4.5%
Equity and liabilities €639k
Equity
€76k ▲ 242%
Debt
€562k ▼ 12.8%
Debt's share of the balance-sheet total falls from 96.7% to 88.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€674k▲
2024 · €582k
Cash flow
€504k▲
2024 · €427k
Current ratio
1.12▲
2024 · 1.02
Debt to equity
7.37▼
2024 · 28.91
ROE
660.0%
ROA
78.9%▲
2024 · 63.9%
Interest coverage
106.51▼
2024 · 639.92
Debt ≤ 1 year
€562k▼
2024 · €645k
Income taxes
€165k▲
2024 · €155k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€667k€639k▼
Fixed assets21/28€10k€11k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€10k€11k▲
Land and buildings22€4k€0▼
Furniture and vehicles24€6k€11k▲
Current assets29/58€657k€628k▼
Amounts receivable within one year40/41€611k€545k▼
Trade receivables40€611k€545k▼
Current investments50/53€44€44=
Cash at bank and in hand54/58€46k€82k▲
Deferred charges and accrued income490/1€355€370▲
Equity and liabilities
Total equity and liabilities10/49€667k€639k▼
Equity10/15€22k€76k▲
Contributions10/11€20k€20k=
Reserves13€2k€56k▲
Distributable reserves133€2k€56k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€645k€562k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€645k€562k▼
Current portion of amounts payable after more than one year42€23k€0▼
Financial debts43€250k€0▼
Other loans439€250k€0▼
Trade debts44€3k€72▼
Suppliers440/4€3k€72▼
Taxes, remuneration and social security45€167k€141k▼
Taxes450/3€167k€141k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€202k€421k▲
Accrued charges and deferred income492/3€213€213=
Income statement
Code20242025
Non-recurring operating income76A€201k€277k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235€153▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€583k€676k▲
Operating profit (loss)9901€582k€674k▲
Financial income75/76B€258€541▲
Recurring financial income75€258€541▲
Financial charges65/66B€909€6k▲
Recurring financial charges65€909€6k▲
Profit (loss) for the period before taxes9903€581k€668k▲
Income taxes67/77€155k€165k▲
Profit (loss) for the period9904€426k€504k▲
Profit (loss) for the period to be appropriated9905€426k€504k▲
Appropriation of the result
Profit (loss) to be appropriated9906€426k€504k▲
Transfer to equity691/2€135€54k▲
To other reserves6921€135€54k▲
Profit to be distributed694/7€426k€450k▲
Return on contributions (dividend)694€426k€450k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €201k | €277k | ▲ 37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57k | €50k | €235 | €153 | ▼ 35.0% |
| Other operating charges640/8 | €1k | €989 | €1k | €1k | ▲ 19.7% |
| Gross operating margin9900 | €356k | €528k | €583k | €676k | ▲ 15.9% |
| Operating profit (loss)9901 | €298k | €477k | €582k | €674k | ▲ 15.9% |
| Financial income75/76B | - | €44 | €258 | €541 | ▲ 110% |
| Recurring financial income75 | - | €44 | €258 | €541 | ▲ 110% |
| Financial charges65/66B | €2k | €1k | €909 | €6k | ▲ 596% |
| Recurring financial charges65 | €2k | €1k | €909 | €6k | ▲ 596% |
| Profit (loss) for the period before taxes9903 | €296k | €476k | €581k | €668k | ▲ 15.0% |
| Income taxes67/77 | €71k | €117k | €155k | €165k | ▲ 6.5% |
| Profit (loss) for the period9904 | €225k | €359k | €426k | €504k | ▲ 18.1% |
| Profit (loss) for the period to be appropriated9905 | €225k | €359k | €426k | €504k | ▲ 18.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €545k | €738k | €667k | €639k | ▼ 4.3% |
| Fixed assets21/28 | €121k | €71k | €10k | €11k | ▲ 6.1% |
| Intangible fixed assets21 | €113k | €63k | €0 | - | - |
| Tangible fixed assets22/27 | €9k | €9k | €10k | €11k | ▲ 6.1% |
| Land and buildings22 | €5k | €5k | €4k | €0 | ▼ 100% |
| Furniture and vehicles24 | €4k | €4k | €6k | €11k | ▲ 83.3% |
| Current assets29/58 | €423k | €667k | €657k | €628k | ▼ 4.5% |
| Amounts receivable within one year40/41 | €335k | €549k | €611k | €545k | ▼ 10.8% |
| Trade receivables40 | €335k | €549k | €611k | €545k | ▼ 10.8% |
| Current investments50/53 | €44 | €44 | €44 | €44 | = |
| Cash at bank and in hand54/58 | €87k | €116k | €46k | €82k | ▲ 79.6% |
| Deferred charges and accrued income490/1 | €973 | €1k | €355 | €370 | ▲ 4.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €545k | €738k | €667k | €639k | ▼ 4.3% |
| Equity10/15 | €22k | €22k | €22k | €76k | ▲ 242% |
| Contributions10/11 | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €56k | ▲ 2,241% |
| Distributable reserves133 | €2k | €2k | €2k | €56k | ▲ 2,241% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €522k | €716k | €645k | €562k | ▼ 12.8% |
| Amounts payable after more than one year17 | €70k | €23k | €0 | - | - |
| Financial debts170/4 | €70k | €23k | €0 | - | - |
| Amounts payable within one year42/48 | €452k | €692k | €645k | €562k | ▼ 12.8% |
| Current portion of amounts payable after more than one year42 | €46k | €46k | €23k | €0 | ▼ 100% |
| Financial debts43 | - | - | €250k | €0 | ▼ 100% |
| Other loans439 | - | - | €250k | €0 | ▼ 100% |
| Trade debts44 | €591 | €59 | €3k | €72 | ▼ 97.1% |
| Suppliers440/4 | €591 | €59 | €3k | €72 | ▼ 97.1% |
| Taxes, remuneration and social security45 | €73k | €129k | €167k | €141k | ▼ 15.7% |
| Taxes450/3 | €71k | €127k | €167k | €141k | ▼ 15.7% |
| Remuneration and social security454/9 | €2k | €2k | €0 | - | - |
| Other amounts payable47/48 | €332k | €516k | €202k | €421k | ▲ 109% |
| Accrued charges and deferred income492/3 | €933 | €933 | €213 | €213 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €225k | €359k | €426k | €504k | ▲ 18.1% |
| + Depreciation and write-downs630 | €57k | €50k | €235 | €153 | ▼ 35.0% |
| Operating cash flow (approximation) | €282k | €409k | €427k | €504k | ▲ 18.1% |
| Investment in fixed assets (approximation) | - | €0 | €61k | €-775 | ▼ 101% |
| Change in cash | - | €29k | €-71k | €37k | ▲ 152% |
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
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €504k ▲18.1%
Operating result €674k, net result €504k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2018
Ground area
134 m²
Building footprint
101 m²
Volume, LiDAR
872 m³
Parcel 44808H0131/00E002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
STALEX
since 20182.276.048.679
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0131/00E002 | Flanders | 134 m² | 1 · 101 m² | 12.9 m · 3 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.
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Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.