STALSHOP
ActiveSTALSHOP has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.09M and a net result of €365k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 6588 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
88
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-2
Solvency84=
Growth64=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.68 in 2023), but 53.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46.9%
Return on assets
15.8%
Age of the figures
20 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 04-08-2025, 4 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
4 d late
2023
42 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
52 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€9.84M▲ 3.2%
2023 · €9.54M
2021: €9.41M
2022: €8.99M
2023: €9.54M
2021 → 2024
EBIT margin
5.0%▼ 1.1pp
2023 · 6.1%
2021: 8.6%
2022: 2.0%
2023: 6.1%
2021 → 2024
Net result
€365k▼ 14.4%
2023 · €427k
2018: €305k
2019: €340k
2020: €365k
2021: €590k
2022: €123k
2023: €427k
2018 → 2024
Working capital
€772k▼ 2.6%
2023 · €793k
2018: €420k
2019: €231k
2020: €373k
2021: €492k
2022: €691k
2023: €793k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€9.41M€8.99M▼ 4.5%€9.54M▲ 6.2%€9.84M▲ 3.2%
Equity€697k-€823k▲ 18.0%€946k▲ 14.9%€1.07M▲ 13.4%€1.09M▲ 1.4%
Operating result€491k-€806k▲ 64.0%€180k▼ 77.7%€583k▲ 224%€492k▼ 15.6%
Net result€365k-€590k▲ 61.9%€123k▼ 79.2%€427k▲ 248%€365k▼ 14.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.32M
Fixed assets
€365k▲ 4.7%
Current assets
€1.95M▼ 0.4%
Equity and liabilities €2.32M
Equity
€1.09M▲ 1.4%
Debt
€1.23M▼ 0.5%
The debt ratio falls from 53.6% to 53.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€571k▼
2023 · €655k
Cash flow
€444k▼
2023 · €498k
Solvency
46.9%▲
2023 · 46.4%
Current ratio
1.65▼
2023 · 1.68
Quick ratio
1.29▼
2023 · 1.34
Debt / equity
1.13▼
2023 · 1.15
ROE
33.6%▼
2023 · 39.8%
ROA
15.8%▼
2023 · 18.5%
Interest coverage
32.19▼
2023 · 40.56
Debt
€1.23M▼
2023 · €1.24M
Debt ≤ 1 year
€1.18M▲
2023 · €1.17M
Debt > 1 year
€50k▼
2023 · €69k
Income taxes
€121k▼
2023 · €143k
Staff costs
€452k▼
2023 · €495k
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€2.31M€2.32M▲
Fixed assets21/28€349k€365k▲
Tangible fixed assets22/27€349k€365k▲
Plant, machinery and equipment23€283k€315k▲
Furniture and vehicles24€65k€50k▼
Financial fixed assets28€170€170=
Current assets29/58€1.96M€1.95M▼
Stocks and contracts in progress3€399k€427k▲
Stocks30/36€399k€427k▲
Amounts receivable within one year40/41€217k€160k▼
Trade receivables40€108k€122k▲
Other amounts receivable41€109k€38k▼
Cash at bank and in hand54/58€1.32M€1.33M▲
Deferred charges and accrued income490/1€27k€34k▲
Equity and liabilities
Total equity and liabilities10/49€2.31M€2.32M▲
Equity10/15€1.07M€1.09M▲
Contributions10/11€100k€110k▲
Reserves13€10k-
Non-distributable reserves130/1€10k-
Reserves not available under the articles1311€10k-
Profit (loss) carried forward14€962k€978k▲
Amounts payable17/49€1.24M€1.23M▼
Amounts payable after more than one year17€69k€50k▼
Financial debts170/4€69k€50k▼
Amounts payable within one year42/48€1.17M€1.18M▲
Current portion of amounts payable after more than one year42€21k€19k▼
Trade debts44€585k€660k▲
Suppliers440/4€585k€660k▲
Advances received on contracts in progress46€47k€61k▲
Taxes, remuneration and social security45€140k€91k▼
Taxes450/3€50k€7k▼
Remuneration and social security454/9€89k€85k▼
Other amounts payable47/48€375k€349k▼
Income statement
Code20232024
Turnover70€9.54M€9.84M▲
Goods, raw materials, services and sundry goods60/61€8.76M€9.22M▲
Remuneration, social security and pensions62€495k€452k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€79k▲
Other operating charges640/8€26k€27k▲
Non-recurring operating charges66A€10k€370▼
Gross operating margin9900€1.19M€1.05M▼
Operating profit (loss)9901€583k€492k▼
Financial income75/76B€3k€12k▲
Recurring financial income75€3k€12k▲
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€570k€487k▼
Income taxes67/77€143k€121k▼
Profit (loss) for the period9904€427k€365k▼
Profit (loss) for the period to be appropriated9905€427k€365k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.26M€1.33M▲
Profit (loss) brought forward from the previous period14P€836k€962k▲
Profit to be distributed694/7€300k€350k▲
Return on contributions (dividend)694€300k€350k▲
Social balance
Average headcount (FTE)908714.013.0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 42 days late
2023
31-12
Financial
Equity above €1MEq €1.07M ▲13.4%
6 profitable years in a row build equity to €1.07M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €123k ▼79.2%
Net result drops to €123k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €590k ▲61.9%
Operating result €806k, net result €590k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Etalle · 1 establishment unit since 2006
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.
Rue Belle-Vue 566740 EtalleGround area
1.5 ha
Parcel 85009A0954/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AD DELHAIZE
since 20062.151.039.237
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85009A0954/00H000 | Wallonia | 1.5 ha | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtalle2.151.039.237
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RIBABOR
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PELTRI SHOPPING
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Pelt · Eq €1.09M
BOUILLON-KNOP
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DELHAIZE HEUSDEN
BE 0412.905.244
Destelbergen · Eq €1.08M
Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 2,157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2005
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47114Supermarkets
52112
52114
46900Non-specialised wholesale trade
47789Other retail sale of new goods
51900
52498
64999Other financial services
65236
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:063/42.31.18