Staltor
ActiveSummary
Staltor has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €298,221. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+16
Solvency93▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 4.07 against 2.52 in 2024; short-term debt: 23.5% and cash: 35.6% of total assets), and 31.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
68.3%
Return on assets
20.2%
Age of the figures
15 mo
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
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
4 d early
2023
1 d early
2022
on the day
2021
11 d early
2020
3 d early
2019
2 d 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 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.0m▲ 42.1%
2024 · €709,000
Total assets
€1.5m▲ 1.8%
2024 · €1.4m
Net result
€298,221▲ 186%
2024 · €104,205
Working capital
€1.1m▲ 47.2%
2024 · €720,946
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€60,339▼ 68.2%-€66,957€161,621€175,757▲ 8.7%€385,930▲ 120%
Net result€1,711below the sector's middle half▼ 98.7%-€95,744below the sector's middle half€124,055within the sector's middle half€104,205within the sector's middle half▼ 16.0%€298,221above the sector's middle half▲ 186%
Equity€576,485within the sector's middle half▲ 0.3%€480,741within the sector's middle half▼ 16.6%€604,796within the sector's middle half▲ 25.8%€709,000within the sector's middle half▲ 17.2%€1.0mabove the sector's middle half▲ 42.1%
Total assets€2.0mwithin the sector's middle half▼ 2.5%€1.6mwithin the sector's middle half▼ 17.1%€1.4mwithin the sector's middle half▼ 13.4%€1.4mwithin the sector's middle half▲ 2.3%€1.5mwithin the sector's middle half▲ 1.8%
Debt€1.4m▼ 3.5%€1.2m▼ 17.3%€812,205▼ 29.7%€740,376▼ 8.8%€467,885▼ 36.8%
Working capital€535,482within the sector's middle half▼ 2.8%€470,614within the sector's middle half▼ 12.1%€585,353within the sector's middle half▲ 24.4%€720,946within the sector's middle half▲ 23.2%€1.1mabove the sector's middle half▲ 47.2%
Solvency29.2%within the sector's middle half▲ 0.8pp29.4%within the sector's middle half▲ 0.2pp42.7%within the sector's middle half▲ 13.3pp48.9%within the sector's middle half▲ 6.2pp68.3%within the sector's middle half▲ 19.4pp
Current ratio2.08within the sector's middle half▼ 0.572.00within the sector's middle half▼ 0.082.70within the sector's middle half▲ 0.702.52within the sector's middle half▼ 0.184.07above the sector's middle half▲ 1.54
Return on assets (ROA)0.1%below the sector's middle half▼ 6.3pp-5.8%below the sector's middle half▼ 5.9pp8.8%within the sector's middle half▲ 14.6pp7.2%within the sector's middle half▼ 1.6pp20.2%above the sector's middle half▲ 13.0pp
Staff (FTE)6.4within the sector's middle half▲ 1.6%6.8within the sector's middle half▲ 6.3%7.2within the sector's middle half▲ 5.9%7.1within the sector's middle half▼ 1.4%7.4within the sector's middle half▲ 4.2%
above
within
below
the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 120% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€68,029 ▼ 73.3%
Current assets
€1.4m ▲ 17.8%
Equity and liabilities €1.5m
Equity
€1.0m ▲ 42.1%
Debt
€467,885 ▼ 36.8%
Debt's share of the balance-sheet total falls from 51.1% to 31.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€573,533▲
2024 · €445,252
Cash flow
€485,824▲
2024 · €373,700
Quick ratio
3.29▲
2024 · 1.87
Debt to equity
0.46▼
2024 · 1.04
ROE
29.6%▲
2024 · 14.7%
Interest coverage
63.93▲
2024 · 29.95
Debt ≤ 1 year
€346,019▼
2024 · €473,755
Debt > 1 year
€100,000▼
2024 · €248,427
Income taxes
€83,829▲
2024 · €61,677
Staff costs
€486,533▲
2024 · €472,319
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €396,299 | €443,351 | €472,319 | €486,533 | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231,530 | €256,546 | €259,757 | €269,495 | €187,603 | ▼ 30.4% |
| Other operating charges640/8 | - | €12,720 | €772 | €6,860 | €10,589 | ▲ 54.4% |
| Gross operating margin9900 | €668,770 | €598,609 | €865,501 | €924,431 | €1.1m | ▲ 15.8% |
| Operating profit (loss)9901 | €60,339 | -€66,957 | €161,621 | €175,757 | €385,930 | ▲ 120% |
| Financial income75/76B | - | €1,127 | - | €5,649 | €5,091 | ▼ 9.9% |
| Recurring financial income75 | €2,739 | €1,127 | - | €5,649 | €5,091 | ▼ 9.9% |
| Financial charges65/66B | - | €19,179 | €14,529 | €15,524 | €8,971 | ▼ 42.2% |
| Recurring financial charges65 | €19,081 | €19,179 | €14,529 | €14,869 | €8,971 | ▼ 39.7% |
| Non-recurring financial charges66B | - | - | - | €656 | - | - |
| Profit (loss) for the period before taxes9903 | €43,997 | -€85,008 | €147,093 | €165,882 | €382,050 | ▲ 130% |
| Income taxes67/77 | €42,285 | €10,735 | €23,038 | €61,677 | €83,829 | ▲ 35.9% |
| Profit (loss) for the period9904 | €1,711 | -€95,744 | €124,055 | €104,205 | €298,221 | ▲ 186% |
| Profit (loss) for the period to be appropriated9905 | €1,711 | -€95,744 | €124,055 | €104,205 | €298,221 | ▲ 186% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.6m | €1.4m | €1.4m | €1.5m | ▲ 1.8% |
| Formation expenses20 | €47 | - | - | €0 | €0 | - |
| Fixed assets21/28 | €942,604 | €696,673 | €488,269 | €254,675 | €68,029 | ▼ 73.3% |
| Intangible fixed assets21 | €805,553 | €591,050 | €372,037 | €153,024 | €5,440 | ▼ 96.4% |
| Tangible fixed assets22/27 | €126,821 | €95,393 | €106,002 | €91,421 | €52,359 | ▼ 42.7% |
| Plant, machinery and equipment23 | - | €91,495 | €77,508 | €68,735 | €35,530 | ▼ 48.3% |
| Furniture and vehicles24 | - | €3,898 | €28,494 | €22,686 | €16,829 | ▼ 25.8% |
| Financial fixed assets28 | €10,230 | €10,230 | €10,230 | €10,230 | €10,230 | = |
| Current assets29/58 | €1.0m | €940,193 | €928,732 | €1.2m | €1.4m | ▲ 17.8% |
| Stocks and contracts in progress3 | €440,000 | €472,369 | €330,746 | €307,040 | €267,760 | ▼ 12.8% |
| Stocks30/36 | - | €472,369 | €330,746 | €307,040 | €267,760 | ▼ 12.8% |
| Amounts receivable within one year40/41 | €396,563 | €349,682 | €437,488 | €441,277 | €463,749 | ▲ 5.1% |
| Trade receivables40 | - | €349,682 | €437,488 | €441,277 | €463,749 | ▲ 5.1% |
| Current investments50/53 | - | - | - | - | €150,709 | - |
| Cash at bank and in hand54/58 | €194,780 | €118,142 | €160,498 | €443,925 | €524,859 | ▲ 18.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,459 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.6m | €1.4m | €1.4m | €1.5m | ▲ 1.8% |
| Equity10/15 | €576,485 | €480,741 | €604,796 | €709,000 | €1.0m | ▲ 42.1% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €276,485 | €276,485 | €282,687 | €287,898 | €292,660 | ▲ 1.7% |
| Non-distributable reserves130/1 | - | €13,824 | €20,027 | €25,237 | €180,709 | ▲ 616% |
| Legal reserve130 | - | €13,824 | €20,027 | €25,237 | €30,000 | ▲ 18.9% |
| Own shares acquired1312 | - | - | - | - | €150,709 | - |
| Distributable reserves133 | - | €262,660 | €262,660 | €262,660 | €111,951 | ▼ 57.4% |
| Profit (loss) carried forward14 | - | -€95,744 | €22,108 | €121,103 | €414,560 | ▲ 242% |
| Amounts payable17/49 | €1.4m | €1.2m | €812,205 | €740,376 | €467,885 | ▼ 36.8% |
| Amounts payable after more than one year17 | €901,649 | €686,546 | €468,826 | €248,427 | €100,000 | ▼ 59.7% |
| Financial debts170/4 | - | €686,546 | €468,826 | €248,427 | €100,000 | ▼ 59.7% |
| Amounts payable within one year42/48 | €495,860 | €469,579 | €343,379 | €473,755 | €346,019 | ▼ 27.0% |
| Current portion of amounts payable after more than one year42 | - | €215,103 | €217,720 | €220,399 | €148,427 | ▼ 32.7% |
| Trade debts44 | €253,373 | €221,467 | €83,003 | €205,847 | €147,092 | ▼ 28.5% |
| Suppliers440/4 | - | €221,467 | €83,003 | €205,847 | €147,092 | ▼ 28.5% |
| Taxes, remuneration and social security45 | - | €33,009 | €42,657 | €47,509 | €50,500 | ▲ 6.3% |
| Taxes450/3 | - | €13,432 | €7,677 | €6,163 | €6,692 | ▲ 8.6% |
| Remuneration and social security454/9 | - | €19,576 | €34,980 | €41,347 | €43,809 | ▲ 6.0% |
| Accrued charges and deferred income492/3 | - | - | - | €18,194 | €21,865 | ▲ 20.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,711 | -€95,744 | €124,055 | €104,205 | €298,221 | ▲ 186% |
| + Depreciation and write-downs630 | €231,530 | €256,546 | €259,757 | €269,495 | €187,603 | ▼ 30.4% |
| Operating cash flow (approximation) | €233,242 | €160,802 | €383,812 | €373,700 | €485,824 | ▲ 30.0% |
| Investment in fixed assets (approximation) | - | -€10,614 | -€51,354 | -€35,902 | -€957 | ▲ 97.3% |
| Change in cash | - | -€76,637 | €42,356 | €283,427 | €80,933 | ▼ 71.4% |
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
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €298,221 ▲186%
Operating result €385,930, net result €298,221, both a record.
30-06
Financial
Equity above €1mEq €1.0m ▲42.1%
3 profitable years in a row build equity to €1.0m.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €124,055
Net result €124,055 after one loss-making year.
30-06
Financial
Equity above €500,000Eq €604,796 ▲25.8%
Equity rises from €480,741 to €604,796.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet -€95,744
Net result drops to -€95,744, the lowest in the series; recovery starts the following year.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €500,000Eq €574,773 ▲29%
2 profitable years in a row build equity to €574,773.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2018
Ground area
2,939 m²
Building footprint
960 m²
Volume, LiDAR
5,819 m³
Parcel 36493B0103/00B003, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Staltor
since 20182.273.205.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0103/00B003 | Flanders | 2,939 m² | 1 · 960 m² | 6.8 m · 2 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.
Subsidies and aid
Flemish government
2023 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 900 EUR | 900 EUR |
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Of 764 companies in this sector we hold annual accounts for 160. 90 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded07-02-2018
Fiscal year end30-06
Activities, NACEBEL 2025
16281Manufacture of other wood products
25999Manufacture of fabricated metal products, except machinery and equipment
46832Wholesale of timber
E-invoicing
Reachable via Peppol
Peppol ID
0208:0689858852
Also
9925:BE0689858852
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.