Investments
€109,812 0.3 × depreciation
Green is investment, beige is depreciation.
STALUSA
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €2.3m (2021)
-€590,910▼ €612,856
lowest -€3.6m (2023)
€3.2m▲ 67.6%
peak €190.5m (2025)
€190.5m▲ 9.5%
€28.2m▼ 34.2%
peak 2.2 FTE (2020)
1.9 FTE▲ 18.8%
Board5 names since 2022
2 directorsJacques EMSENS and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €21,946 to -€590,910Result from €1.9m to €3.2mStaff from 1.6 FTE to 1.9 FTEAppointment: EMSENS Ludovic (director) 12-12General meeting of 28-03-2025 03-04Debts from €42.8m to €28.2m
Key points
from the 2025 annual accountsStaff
1 employees on 31-12-2025
In 2025, 3 people joined and 6 left.
Liquidity
3.25 was 0.59 in 2024
Short-term debts fell from €42.7m to €28.1m.
Filings
23 annual accounts 24 filings since 2003
Two of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Group
5 companies controlled
Heads a group.
Position in the sector
€3.2m
Higher net result than 95% of companies in head offices and management consultancy. Sector median €37,500 · 10,856 companies.
Holding: outside the score modelBankruptcy probability: sector outside the modelTurnover not published (abbreviated format)
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2025
1 day early
2024
1 day early
2023
1 day early
2022
3 days late
2021
31 days early
2020
10 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- EMSENSJacquesdeed of 18-02-2020
Shares in 12 companies, including JPSeven and WARRIOR EQUATION
Board & ownershipRecent changes
Appointment: EMSENS Savina (director)
General meeting of 23-02-2026 · Gazette deed
Appointment: EMSENS Ludovic (director)
General meeting of 09-12-2025 · Gazette deed
General meeting of 28-03-2025
Gazette deed
Appointments: Jacques EMSENS (managing director) and Stanislas EMSENS (managing director)
Board meeting of 02-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STALUSA Ixelles | €218.7m | -€590,910 | 87.1% | 1.9 |
| BEVAFIN Ixelles | €134.9m | -€514,178 | 82.7% | 2 |
| Accoform Zedelgem | €310.4m | -€250,896 | 47.3% | 2.3 |
| SERTHI Tournai | €154.9m | -€487,755 | 94.6% | 1 |
| FINETFO Uccle | €117.0m | -€576,006 | 87.7% | 1 |
| G.D.S. CONSULT Woluwe-Saint-Pierre | €106.7m | -€74,569 | 62.0% | 1 |
| TRADIDEC Merelbeke-Melle | €155.3m | -€218,655 | 99.4% | 0.5 |
These companies have the same main activity as STALUSA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €107m and €310m, founded between 1998 and 2006.
Official details
Source: KBO- Status
- Active since 30-04-2002Normal situation
- Registered office
- 16 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Joint committee
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.096.288.5761050 Brussels, since 09-08-2002
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €218.7m▼ 10.9%
- Employeeson 31-12-2025
- 1▼ 75.0%
- Filing
- Filed on 31-08-2026
Companies linked to STALUSA
Subsidiaries and holdings
- SEVEN HOLDING50%
- StalCo50%
- RAHET40%
- TECHFUND40%
- ETALIAX25%
- Stevensvennen25%
- VLD-Projects20%
- Afriwise11.63%
Insights on STALUSA
STALUSA files the abbreviated format. That format states no turnover. The gross margin fell from €249,953 in 2007 to -€590,910 in 2025.
In December 2024, the Official Gazette published the appointment of Jacques EMSENS as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STALUSA
- What is the company number of STALUSA?
- The company number of STALUSA is 0477.445.282. The VAT number is the same number with BE in front: BE 0477.445.282.
- Where is STALUSA based?
- The registered office is at Louizalaan 292, 1050 Ixelles.Company details
- What does STALUSA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of STALUSA?
- STALUSA is a private limited company (BV).
- When was STALUSA founded?
- STALUSA was founded on 30-04-2002.
- Is STALUSA still active?
- Yes, STALUSA is an active enterprise in the KBO register.
- How many employees does STALUSA have?
- STALUSA had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STALUSA fall under?
- In its 2025 annual accounts, STALUSA states joint committee 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of STALUSA?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is STALUSA profitable?
- In financial year 2025, STALUSA made a profit of €3.2m.
- Where can I find the annual accounts of STALUSA?
- STALUSA filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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