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STALMANS

Active
Private limited companyfounded 2002active for 24 yearsWezel 26, 2230 Herselt, BelgiumKBO/BCE: BE 0477.418.261
Summary

STALMANS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €800,550 and a net result of €75,138, of which €48,461 non-recurring income. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 62% of 523 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
STALMANSActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Construction of roads and motorways
NACE 42110Landscape service activities NACE 81300
8th largest company by total assets in Herselt, Construction sector1 site
Size
≈ €1.1mturnover 2025, estimated
Staff
4 FTE
Equity
€800,550
Profit
€75,138
Turnover estimated from the gross margin
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 3 days late2 of 3 deeds summarised
Why 94raises riskLast filed accounts filed 3 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.68, cash €342,490Founded in 2002Equity €800,550 (49.4% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 42, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 74+4
equity 49.4% of total assets
Liquidity 74+16
short-term debt 14.1% · cash 21.1%
Profitability 75-4
return on assets 4.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.5 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.68, compared with 2.01 in 2024, above the usual 1.5; short-term debt: 14.1% and cash: 21.1% of total assets), but 50.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 55% on solvency, 76% on liquidity, 47% on profitability and 53% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.68, cash €342,490
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 3 days late; 1 of the last 3 late
NBB · filings
lowers risk · Equity €800,550 (49.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 3 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
3 days late
2024
46 days late
2023
33 days early
2022
30 days late
2021
23 days late
2020
26 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Appointments: STAKA Comm.V. (additional director) and…Permanent representatives: Stalmans Karolien and…

Key points

  • Positive: 8th largest company by total assets in Herselt, Construction sectorin the Checked rankings No. 8 View
  • Caution: Result fell in 2025from €131,897 to €75,138 ▼ 43.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €75,138, mostly one-off 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€75,138
Solvency
49.4%
Total assets▼ 1.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • STALMANS Ivo Jozef FransDirector
  • StakaDirector
  • STR. PROJECTSDirector
Go to Board & ownership

Timeline

Events
27
Since
2004
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 28-06-2024Annual accounts filed
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of roads and motorwaysNACE 42110
Founded
25-04-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Purpose
“Het aanleggen van speelpleinen, sportvelden evenals parken, tuinen en vijvers alsmede het…” (deed in Dutch)
Go to Articles of association

Key facts about STALMANS

What is the company number of STALMANS?
0477.418.261. In Belgium the VAT number is the company number with BE in front: BE 0477.418.261.
Where is STALMANS based?
The registered office is at Wezel 26, 2230 Herselt.Company details
What does STALMANS do?
According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of STALMANS?
Private limited company (BV).
When was STALMANS founded?
On 25-04-2002.
Is STALMANS still active?
Yes, STALMANS is an active enterprise in the KBO register.
How many employees does STALMANS have?
On average 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of STALMANS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is STALMANS profitable?
In financial year 2025, STALMANS made a profit of €75,138.
Where can I find the annual accounts of STALMANS?
STALMANS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STALMANS due?
By 31-07-2027, for financial year 2026.Timeline

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