STALF
ActiveSummary
The computed 12-month bankruptcy probability of STALF is 2.6% (moderate). The 2025 annual accounts show negative equity (-€90,306) and a net result of -€10,463. Equity is shrinking by ~13.6% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability35=
Solvency17=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 3.82 in 2024; short-term debt: 0.1% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.8%
Return on assets
-0.9%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€90,306
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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
5 d late
2024
on the day
2023
22 d late
2022
30 d late
2021
31 d late
2020
45 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which other companies belong to the same group?STALF · 3 companies How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€10,463▼ 28.3%
2024 · -€8,156
Working capital
-€714
2024 · €346
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,857▼ 5.2%-€8,274▼ 20.7%-€7,446▲ 10.0%-€7,360▲ 1.2%-€9,583▼ 30.2%
Net result-€7,057▼ 5.2%-€8,507▼ 20.6%-€7,639▲ 10.2%-€8,156▼ 6.8%-€10,463▼ 28.3%
Equity-€55,541▼ 14.6%-€64,048▼ 15.3%-€71,687▼ 11.9%-€79,843▼ 11.4%-€90,306▼ 13.1%
Total assets€715,068▼ 0.3%€731,598▲ 2.3%€807,508▲ 10.4%€998,297▲ 23.6%€1.2m▲ 16.5%
Debt€770,608▲ 0.6%€795,646▲ 3.2%€879,195▲ 10.5%€1.1m▲ 22.6%€1.3m▲ 16.3%
Working capital-€666€827€8,494▲ 927%€346▼ 95.9%-€714
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,583 in 2025 against €7,360 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.2m ▲ 16.5%
Current assets
€626 ▲ 33.7%
Key figures and ratios
Solvency
-7.8%▲
2024 · -8.0%
Current ratio
0.47▼
2024 · 3.82
Debt to equity
-13.88▼
2024 · -13.50
ROA
-0.9%▼
2024 · -0.8%
Debt ≤ 1 year
€1,340▲
2024 · €122
Debt > 1 year
€1.3m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€6,509 | -€7,926 | -€7,061 | -€6,972 | -€9,183 | ▼ 31.7% |
| Operating profit (loss)9901 | -€6,857 | -€8,274 | -€7,446 | -€7,360 | -€9,583 | ▼ 30.2% |
| Financial income75/76B | - | - | - | €22 | - | - |
| Recurring financial income75 | - | - | - | €22 | - | - |
| Financial charges65/66B | €201 | €234 | €194 | €818 | €880 | ▲ 7.5% |
| Recurring financial charges65 | €201 | €234 | €194 | €818 | €880 | ▲ 7.5% |
| Profit (loss) for the period before taxes9903 | -€7,057 | -€8,507 | -€7,639 | -€8,156 | -€10,463 | ▼ 28.3% |
| Profit (loss) for the period9904 | -€7,057 | -€8,507 | -€7,639 | -€8,156 | -€10,463 | ▼ 28.3% |
| Profit (loss) for the period to be appropriated9905 | -€7,057 | -€8,507 | -€7,639 | -€8,156 | -€10,463 | ▼ 28.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €715,068 | €731,598 | €807,508 | €998,297 | €1.2m | ▲ 16.5% |
| Fixed assets21/28 | €713,143 | €726,643 | €798,336 | €997,829 | €1.2m | ▲ 16.5% |
| Financial fixed assets28 | €713,143 | €726,643 | €798,336 | €997,829 | €1.2m | ▲ 16.5% |
| Current assets29/58 | €1,924 | €4,954 | €9,171 | €468 | €626 | ▲ 33.7% |
| Amounts receivable within one year40/41 | €168 | €168 | €343 | - | - | - |
| Trade receivables40 | €168 | €168 | €343 | - | - | - |
| Cash at bank and in hand54/58 | €1,756 | €4,786 | €8,828 | €468 | €626 | ▲ 33.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €715,068 | €731,598 | €807,508 | €998,297 | €1.2m | ▲ 16.5% |
| Equity10/15 | -€55,541 | -€64,048 | -€71,687 | -€79,843 | -€90,306 | ▼ 13.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€74,141 | -€82,648 | -€90,287 | -€98,443 | -€108,906 | ▼ 10.6% |
| Amounts payable17/49 | €770,608 | €795,646 | €879,195 | €1.1m | €1.3m | ▲ 16.3% |
| Amounts payable after more than one year17 | €768,018 | €791,518 | €878,518 | €1.1m | €1.3m | ▲ 16.2% |
| Other amounts payable178/9 | €768,018 | €791,518 | €878,518 | €1.1m | €1.3m | ▲ 16.2% |
| Amounts payable within one year42/48 | €2,590 | €4,128 | €677 | €122 | €1,340 | ▲ 994% |
| Trade debts44 | €2,590 | €4,128 | €677 | €122 | €1,340 | ▲ 994% |
| Suppliers440/4 | €2,590 | €4,128 | €677 | €122 | €1,340 | ▲ 994% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,057 | -€8,507 | -€7,639 | -€8,156 | -€10,463 | ▼ 28.3% |
| Operating cash flow (approximation) | -€7,057 | -€8,507 | -€7,639 | -€8,156 | -€10,463 | ▼ 28.3% |
| Investment in fixed assets (approximation) | - | -€13,500 | -€71,693 | -€199,493 | -€165,000 | ▲ 17.3% |
| Change in cash | - | €3,030 | €4,042 | -€8,360 | €158 | ▲ 102% |
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity times 11current ratio 13.54
Current ratio from 1.20 to 13.54; short-term debt falls from €4,128 to €677.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 45 days late
2020
31-12
Financial
Liquidity times 29current ratio 15.91
Current ratio from 0.56 to 15.91; short-term debt falls from €13,440 to €1,532.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet -€21,359
Net result drops to -€21,359, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 45 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Elsene · 1 establishment unit since 2014
Ground area
185 m²
Building footprint
117 m²
Volume, LiDAR
1,984 m³
Parcel 21807G0136/00Z000, Brussels · tallest building 27.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 188, 1050 Elsene
since 20142.235.443.984
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0136/00Z000 | Brussels | 185 m² | 1 · 117 m² | 27.7 m · 6 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.
Structure & network
Heads the group
STALF
3 companies
Group, risk and exposure
Connections & network
No current directors or connected companies found in the register.
Ownership & control
2 subsidiaries, 2 abroadSTALFBE 0559.797.490
controls
Where this company holds controlsubsidiary per the LEI register2
EDUAM
Paris, France · LEI lapsed
SCI SAMOT
Paris, France · LEI lapsed
Recognitions · licences · registrations
Legal Entity Identifier
5493003LERJJ5U8L4S09
Identification & contact
Identification
Legal formPrivate limited company
Founded13-08-2014
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.