STALLBOIS
ActiveSTALLBOIS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.18M and a net result of €-192k. Equity is shrinking by ~6.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▲+14
Solvency73▼-5
Growth53▼-2
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.9 in 2023; short-term debt: 24.8% and cash: 6% of total assets), and 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
48.1%
Return on assets
-2.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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
not confirmed
2024
48 d late
2023
114 d late
2022
109 d late
2021
25 d late
2020
16 d early
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
€3.83M▼ 4.7%
2023 · €4.02M
2018: €3.20M
2019: €2.97M
2020: €2.49M
2021: €3.01M
2022: €3.38M
2023: €4.02M
2018 → 2024
EBIT margin
-8.9%▲ 1.6pp
2023 · -10.5%
2018: -20.5%
2019: -11.1%
2020: -11.7%
2021: -5.4%
2022: -11.3%
2023: -10.5%
2018 → 2024
Net result
€-192k▲ 23.2%
2023 · €-250k
2018: €-594k
2019: €-165k
2020: €-75k
2021: €38k
2022: €-194k
2023: €-250k
2018 → 2024
Working capital
€712k
2023 · €-302k
2018: €4.14M
2019: €841k
2020: €687k
2021: €394k
2022: €-2k
2023: €-302k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.49M-€3.01M▲ 20.9%€3.38M▲ 12.3%€4.02M▲ 19.0%€3.83M▼ 4.7%
Equity€5.55M-€5.52M▼ 0.5%€5.09M▼ 7.9%€4.60M▼ 9.5%€4.18M▼ 9.2%
Operating result€-290k-€-161k▲ 44.4%€-380k▼ 136%€-422k▼ 11.0%€-340k▲ 19.3%
Net result€-75k-€38k€-194k€-250k▼ 28.7%€-192k▲ 23.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €340k in 2024 against €422k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.69M
Fixed assets
€5.82M▼ 3.7%
Current assets
€2.86M▲ 6.3%
Equity and liabilities €8.69M
Equity
€4.18M▼ 9.2%
Debt
€4.51M▲ 8.8%
The debt ratio rises from 47.4% to 51.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€186k▲
2023 · €99k
Cash flow
€334k▲
2023 · €271k
Solvency
48.1%▼
2023 · 52.6%
Current ratio
1.33▲
2023 · 0.90
Quick ratio
0.90▲
2023 · 0.60
Debt / equity
1.08▲
2023 · 0.90
ROE
-4.6%▲
2023 · -5.4%
ROA
-2.2%▲
2023 · -2.9%
Interest coverage
4.27▲
2023 · 2.59
Debt
€4.51M▲
2023 · €4.14M
Debt ≤ 1 year
€2.15M▼
2023 · €3.00M
Debt > 1 year
€2.36M▲
2023 · €1.15M
Staff costs
€3.48M▲
2023 · €3.38M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8.74M€8.69M▼
Formation expenses20-€0
Fixed assets21/28€6.05M€5.82M▼
Intangible fixed assets21€45k€134k▲
Tangible fixed assets22/27€5.99M€5.68M▼
Land and buildings22€5.07M€4.92M▼
Plant, machinery and equipment23€614k€528k▼
Furniture and vehicles24€21k€72k▲
Leasing and similar rights25€55k€58k▲
Other tangible fixed assets26€90k€66k▼
Assets under construction and advance payments27€144k€34k▼
Financial fixed assets28€13k€13k=
Affiliated companies280/1-€0
Participating interests280-€0
Amounts receivable281-€0
Companies linked by participating interests282/3€1k€1k=
Participating interests282€1k€1k=
Amounts receivable283-€0
Other financial fixed assets284/8€12k€12k=
Shares284-€0
Amounts receivable and cash guarantees285/8€12k€12k=
Current assets29/58€2.69M€2.86M▲
Amounts receivable after more than one year29-€0
Trade receivables290-€0
Other amounts receivable291-€0
Stocks and contracts in progress3€883k€920k▲
Stocks30/36€883k€920k▲
Raw materials and consumables30/31€558k€455k▼
Work in progress32€309k€452k▲
Finished goods33€16k€13k▼
Goods purchased for resale34-€0
Property held for sale35-€0
Advance payments36-€0
Contracts in progress37-€0
Amounts receivable within one year40/41€1.41M€1.42M▲
Trade receivables40€978k€976k▼
Other amounts receivable41€436k€439k▲
Cash at bank and in hand54/58€395k€520k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€8.74M€8.69M▼
Equity10/15€4.60M€4.18M▼
Contributions10/11€872k€872k=
Revaluation surpluses12€708k€708k=
Reserves13€137k€137k=
Non-distributable reserves130/1€87k€87k=
Other1319€87k€87k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-1.04M€-1.23M▼
Investment grants15€3.93M€3.70M▼
Advance to shareholders on the distribution of net assets19-€0
Amounts payable17/49€4.14M€4.51M▲
Amounts payable after more than one year17€1.15M€2.36M▲
Financial debts170/4€1.15M€1.08M▼
Leasing and similar obligations172€52k€108k▲
Credit institutions173€1.10M€494k▼
Other loans174-€477k
Other amounts payable178/9-€1.28M
Amounts payable within one year42/48€3.00M€2.15M▼
Current portion of amounts payable after more than one year42€134k€153k▲
Financial debts43€286k€502k▲
Credit institutions430/8€286k€502k▲
Trade debts44€877k€613k▼
Suppliers440/4€877k€613k▼
Advances received on contracts in progress46€16k€13k▼
Taxes, remuneration and social security45€826k€867k▲
Taxes450/3€135k€125k▼
Remuneration and social security454/9€691k€742k▲
Other amounts payable47/48€856k€2k▼
Income statement
Code20232024
Operating income70/76A€6.58M€6.48M▼
Turnover70€4.02M€3.83M▼
Change in stocks of work in progress, finished goods and contracts in progress71€19k€143k▲
Own construction capitalised72€101k€246k▲
Other operating income74€2.42M€2.25M▼
Non-recurring operating income76A€19k€7k▼
Operating charges60/66A€7.00M€6.82M▼
Goods for resale, raw materials and consumables60€2.64M€2.35M▼
Purchases600/8€2.67M€2.25M▼
Change in stocks: decrease (increase)609€-25k€106k▲
Services and other goods61€380k€416k▲
Remuneration, social security and pensions62€3.38M€3.48M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€521k€526k▲
Other operating charges640/8€19k€17k▼
Non-recurring operating charges66A€55k€25k▼
Operating profit (loss)9901€-422k€-340k▲
Financial income75/76B€241k€231k▼
Recurring financial income75€241k€231k▼
Income from financial fixed assets750€5k€0▼
Income from current assets751-€2
Other financial income752/9€236k€231k▼
Non-recurring financial income76B-€0
Financial charges65/66B€69k€83k▲
Recurring financial charges65€69k€83k▲
Debt charges650€38k€43k▲
Other financial charges652/9€31k€40k▲
Profit (loss) for the period before taxes9903€-250k€-192k▲
Profit (loss) for the period9904€-250k€-192k▲
Profit (loss) for the period to be appropriated9905€-250k€-192k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.04M€-1.23M▼
Profit (loss) brought forward from the previous period14P€-793k€-1.04M▼
Social balance
Average headcount (FTE)908796.996.5▼
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 48 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 114 days late
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 109 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 25 days late
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after 3 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 35 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
18-07
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
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-10-2019
Emond Mireille: Resigned as Director
07-10-2019
G. Théodore: Resigned as Director
07-07-2015
Pierre PONCELET: Resigned as Director
07-07-2015
René Leemans: Resigned as Director
07-07-2015
René Michel: Resigned as Director
30-04-2015
Richard Gresse: Resigned as Manager
23-10-2014
Pierre PONCELET: Resigned as Director
23-10-2014
René Michel: Resigned as Director
20-10-2014
Petit, J.: Resigned as Director
12-07-2012
JEAN-MARIE GOFFINET: Resigned as Director
12-07-2012
Jocelyne Marchand: Resigned as Director
Location & real-estate footprint
Registered office, Etalle · 1 establishment unit since 1968
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.
Zoning de Belle-Vue 26740 EtalleGround area
2.1 ha
Building footprint
6,621 m²
Volume, LiDAR
40,044 m³
Parcel 85009A0968/00F000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stallbois
since 19682.153.398.119
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85009A0968/00F000 | Wallonia | 2.1 ha | 1 · 6,621 m² | 8.5 m · 2 fl. |
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.
Statutory auditor
3 auditors| Chabotteau Hughes Statutory auditor | - → 04-03-2022 |
Show 2 earlier auditors
| Dath Catherine Statutory auditor | - → 04-03-2022 |
| Jocelyne Marchand Statutory auditor | - → 14-12-2018 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtalle2.153.398.119
Similar companies · same sector, comparable size
FAGNES PELLETS
BE 0554.697.666
Couvin · Eq €3.99M
GRIPA INVEST
BE 0824.188.016
Antwerpen · Eq €4.50M
FUNICO
BE 0429.032.681
Gent · Eq €3.85M
HOUTBUIGERIJ ANTOINE VAN HULLE
BE 0414.964.416
Maldegem · Eq €5.04M
SCHLEIPER
BE 0400.442.526
Etterbeek · Eq €5.13M
Of 764 companies in sector 16281 we hold annual accounts for 159. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded15-02-1968
Fiscal year end31-12
Activities, NACEBEL
16281Manufacture of other wood products
85322
88993Social work activities without accommodation
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.