STAM
ActiveSummary
The annual accounts of STAM for fiscal year 2024 show a net loss of 50% of the equity at the start of that year. The 2024 annual accounts show equity of €11,107 and a net result of -€11,318. Equity is shrinking by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 26040 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability6▼-73
Solvency38▼-7
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1 against 1.24 in 2023; short-term debt: 87.5% and cash: 2.4% of total assets), and 87.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
12.5%
Return on assets
-12.8%
Age of the figures
21 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
31 d late
2023
30 d late
2022
18 d late
2021
25 d late
2020
26 d late
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€11,107▼ 50.5%
2023 · €22,425
Total assets
€88,600▼ 22.0%
2023 · €113,592
Net result
-€11,318
2023 · €18,973
Working capital
€8,038▼ 62.8%
2023 · €21,623
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€22,078-€7,404▲ 66.5%-€10,174▼ 37.4%€20,715-€9,270
Net result-€27,957below the sector's middle half-€10,795below the sector's middle half▲ 61.4%-€13,583below the sector's middle half▼ 25.8%€18,973within the sector's middle half-€11,318below the sector's middle half
Equity€27,830within the sector's middle half▼ 50.1%€17,036within the sector's middle half▼ 38.8%€3,453below the sector's middle half▼ 79.7%€22,425within the sector's middle half▲ 549%€11,107within the sector's middle half▼ 50.5%
Total assets€107,960within the sector's middle half▼ 23.6%€100,678within the sector's middle half▼ 6.7%€99,912within the sector's middle half▼ 0.8%€113,592within the sector's middle half▲ 13.7%€88,600within the sector's middle half▼ 22.0%
Debt€80,130▼ 6.4%€83,643▲ 4.4%€96,459▲ 15.3%€91,167▼ 5.5%€77,492▼ 15.0%
Working capital€27,008▼ 48.9%€16,195▼ 40.0%€3,587▼ 77.9%€21,623▲ 503%€8,038▼ 62.8%
Solvency25.8%within the sector's middle half▼ 13.7pp16.9%within the sector's middle half▼ 8.9pp3.5%below the sector's middle half▼ 13.5pp19.7%within the sector's middle half▲ 16.3pp12.5%within the sector's middle half▼ 7.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9,270 after €20,715 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88,600
Fixed assets
€3,069 =
Current assets
€85,530 ▼ 22.6%
Equity and liabilities €88,600
Equity
€11,107 ▼ 50.5%
Debt
€77,492 ▼ 15.0%
Debt's share of the balance-sheet total rises from 80.3% to 87.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.10▼
2023 · 1.24
Quick ratio
0.61▼
2023 · 0.86
Debt to equity
6.98▲
2023 · 4.07
ROE
-101.9%▼
2023 · 84.6%
ROA
-12.8%▼
2023 · 16.7%
Debt ≤ 1 year
€77,492▼
2023 · €88,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,295 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 89% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.6%
went bankrupt
5.9%
stopped otherwise
89%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,295 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,970 | - | - | - | - | - |
| Other operating charges640/8 | - | €4,690 | €4,709 | €4,703 | €1,421 | ▼ 69.8% |
| Gross operating margin9900 | -€16,329 | -€2,714 | -€5,465 | €25,417 | -€7,849 | ▼ 131% |
| Operating profit (loss)9901 | -€22,078 | -€7,404 | -€10,174 | €20,715 | -€9,270 | ▼ 145% |
| Financial income75/76B | - | €2,309 | €2,211 | €4,338 | €2,070 | ▼ 52.3% |
| Recurring financial income75 | €3,103 | €2,309 | €2,211 | €4,338 | €2,070 | ▼ 52.3% |
| Financial charges65/66B | - | €5,684 | €5,620 | €4,680 | €4,118 | ▼ 12.0% |
| Recurring financial charges65 | €8,944 | €5,684 | €5,620 | €4,680 | €4,118 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | -€27,918 | -€10,780 | -€13,583 | €20,373 | -€11,318 | ▼ 156% |
| Income taxes67/77 | €38 | €15 | - | €1,400 | - | - |
| Profit (loss) for the period9904 | -€27,957 | -€10,795 | -€13,583 | €18,973 | -€11,318 | ▼ 160% |
| Profit (loss) for the period to be appropriated9905 | -€27,957 | -€10,795 | -€13,583 | €18,973 | -€11,318 | ▼ 160% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107,960 | €100,678 | €99,912 | €113,592 | €88,600 | ▼ 22.0% |
| Fixed assets21/28 | €3,569 | €3,069 | €3,069 | €3,069 | €3,069 | = |
| Financial fixed assets28 | €3,569 | €3,069 | €3,069 | €3,069 | €3,069 | = |
| Current assets29/58 | €104,391 | €97,609 | €96,843 | €110,523 | €85,530 | ▼ 22.6% |
| Amounts receivable after more than one year29 | - | €70,000 | €70,000 | - | - | - |
| Other amounts receivable291 | - | €70,000 | €70,000 | - | - | - |
| Stocks and contracts in progress3 | €28,599 | €25,390 | €23,038 | €34,504 | €38,000 | ▲ 10.1% |
| Stocks30/36 | - | €25,390 | €23,038 | €34,504 | €38,000 | ▲ 10.1% |
| Amounts receivable within one year40/41 | €2,675 | €104 | €1,686 | €73,772 | €43,690 | ▼ 40.8% |
| Trade receivables40 | - | - | €1,583 | €2,379 | €3,964 | ▲ 66.6% |
| Other amounts receivable41 | - | €104 | €104 | €71,393 | €39,726 | ▼ 44.4% |
| Cash at bank and in hand54/58 | €250 | €250 | €250 | €250 | €2,096 | ▲ 738% |
| Deferred charges and accrued income490/1 | - | €1,865 | €1,869 | €1,997 | €1,745 | ▼ 12.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107,960 | €100,678 | €99,912 | €113,592 | €88,600 | ▼ 22.0% |
| Equity10/15 | €27,830 | €17,036 | €3,453 | €22,425 | €11,107 | ▼ 50.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €21,630 | €10,836 | €1,900 | €16,225 | €14,000 | ▼ 13.7% |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | - | - | - |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | - | - | - |
| Distributable reserves133 | - | €8,936 | - | €16,225 | €14,000 | ▼ 13.7% |
| Profit (loss) carried forward14 | - | - | -€4,647 | - | -€9,093 | - |
| Amounts payable17/49 | €80,130 | €83,643 | €96,459 | €91,167 | €77,492 | ▼ 15.0% |
| Amounts payable within one year42/48 | €77,383 | €81,414 | €93,256 | €88,900 | €77,492 | ▼ 12.8% |
| Financial debts43 | - | €18,908 | €17,971 | €13,091 | €19,506 | ▲ 49.0% |
| Credit institutions430/8 | - | €18,908 | €17,971 | €13,091 | €19,506 | ▲ 49.0% |
| Trade debts44 | €27,455 | €29,176 | €38,449 | €43,126 | €42,101 | ▼ 2.4% |
| Suppliers440/4 | - | €29,176 | €38,449 | €43,126 | €42,101 | ▼ 2.4% |
| Taxes, remuneration and social security45 | - | €21,454 | €22,199 | €25,574 | €15,885 | ▼ 37.9% |
| Taxes450/3 | - | €21,454 | €22,199 | €25,574 | €15,885 | ▼ 37.9% |
| Other amounts payable47/48 | - | €11,876 | €14,637 | €7,108 | - | - |
| Accrued charges and deferred income492/3 | - | €2,229 | €3,203 | €2,267 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,957 | -€10,795 | -€13,583 | €18,973 | -€11,318 | ▼ 160% |
| + Depreciation and write-downs630 | €1,970 | - | - | - | - | - |
| Operating cash flow (approximation) | -€25,987 | -€10,795 | -€13,583 | €18,973 | -€11,318 | ▼ 160% |
| Investment in fixed assets (approximation) | - | €500 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €0 | €1,846 | - |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €18,973
Net result €18,973 after 3 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€27,957
Net result drops to -€27,957, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
31-12
Financial
Back to profitnet €7,240
Net result €7,240 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
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
3 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, Kalmthout · 1 establishment unit since 2014
Ground area
893 m²
Building footprint
172 m²
Volume, LiDAR
974 m³
Parcel 11662A0364/00H000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STAM
since 20142.232.851.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662A0364/00H000 | Flanders | 892 m² | 1 · 172 m² | 9.8 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.
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 1,290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553679760
Also
9925:BE0553679760
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.