Result
The result rose in 2025 from €12,330 to €109,564.
The result rose in 2025 from €12,330 to €109,564.
Of this, €433,861 falls due within a year.
The 2020 accounts came latest: 30 days after the end of the period.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 70, micro). It does better than 25% of them on solvency, 28% on liquidity, 45% on profitability and 82% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,684 companies had the same profile as STANCO CONSTRUCT has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STANCO CONSTRUCT itself is lower: < 0.1% within 12 months. It rests on far more data about STANCO CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for STANCO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.6 (0.46 in 2024), below 1. Short-term debt is 31.6% and cash 9.1% of total assets. 78.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 14 days after 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.
These companies have the same main activity as STANCO CONSTRUCT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 2017 and 2018.
STANCO CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€1,674 in 2017 to €222,469 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €320,000 and €450,000.
Higher than 24% of 39,360 companies in 2025.
Higher than 13% of 38,044 companies in 2025.
Higher than 38% of 38,516 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
1.4m | 1.3m | 1.4m | 621,847 | 396,874 | 181,016 | 180,463 | 129,116 | 4,241 | |
21/28 |
1.1m | 1.1m | 1.1m | 405,948 | 261,466 | 64,730 | 80,415 | 55,396 | - | |
22/27 |
1.1m | 1.1m | 1.1m | 395,948 | 251,466 | 54,730 | 80,415 | 55,396 | - | |
22 |
1.1m | 1.1m | 1.1m | 386,909 | 220,500 | - | - | - | - | |
24 |
3,387 | 2,442 | 1,528 | 9,039 | 30,966 | 54,730 | 80,415 | 55,396 | - | |
28 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | - | - | |
29/58 |
258,357 | 197,111 | 250,855 | 215,899 | 135,408 | 116,286 | 100,048 | 73,720 | 4,241 | |
3 |
0 | 2,213 | 44,012 | 44,561 | 90,278 | 90,278 | - | - | - | |
30/36 |
0 | 2,213 | 44,012 | 44,561 | 90,278 | 90,278 | - | - | - | |
40/41 |
132,227 | 120,475 | 137,502 | 137,992 | 27,349 | 6,633 | 25,067 | 16,076 | 318 | |
40 |
16,588 | 18,774 | 19,288 | 42,895 | 17,485 | - | 10,890 | 10,890 | - | |
41 |
115,639 | 101,701 | 118,215 | 95,097 | 9,864 | 6,633 | 14,177 | 5,186 | 318 | |
54/58 |
124,900 | 71,783 | 68,221 | 28,400 | 14,914 | 19,375 | 72,114 | 57,644 | 3,923 | |
490/1 |
1,230 | 2,640 | 1,119 | 4,946 | 2,868 | - | 2,868 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
1.4m | 1.3m | 1.4m | 621,847 | 396,874 | 181,016 | 180,463 | 129,116 | 4,241 | |
10/15 |
299,562 | 189,998 | 177,668 | 204,807 | 161,736 | 133,715 | 97,937 | 60,557 | 4,207 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
293,362 | 198,607 | 198,607 | 198,607 | 155,536 | 127,515 | 91,737 | 54,357 | - | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | - | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
293,362 | 198,607 | 196,747 | 196,747 | 153,676 | 125,655 | 89,877 | 52,497 | - | |
14 |
0 | -14,809 | -27,140 | - | - | - | - | - | -1,993 | |
17/49 |
1.1m | 1.2m | 1.2m | 417,040 | 235,139 | 47,302 | 82,526 | 68,559 | 34 | |
17 |
640,300 | 722,810 | 780,000 | 368,588 | 200,000 | 10,808 | 33,547 | 28,453 | - | |
170/4 |
640,300 | 722,810 | 780,000 | 368,588 | 200,000 | 10,808 | 33,547 | 28,453 | - | |
42/48 |
433,861 | 430,699 | 422,888 | 48,453 | 35,139 | 36,494 | 48,979 | 40,106 | 34 | |
42 |
82,780 | 80,909 | - | - | 10,808 | 22,739 | 22,448 | 12,374 | - | |
43 |
6,392 | 6,394 | 5,656 | 6,296 | 12,342 | 12,338 | 18,669 | - | - | |
430/8 |
6,392 | 6,394 | 5,656 | 6,296 | 12,342 | 12,338 | 18,669 | - | - | |
44 |
16,889 | 20,135 | 27,954 | 33,789 | 4,856 | 1,417 | 6,238 | 3,346 | - | |
440/4 |
16,889 | 20,135 | 27,954 | 33,789 | 4,856 | 1,417 | 6,238 | 3,346 | - | |
45 |
28,795 | 3,396 | 40,360 | 8,368 | 1,942 | - | 487 | 23,266 | - | |
450/3 |
25,663 | 3,396 | 40,360 | 8,368 | 1,942 | - | 487 | 23,266 | - | |
454/9 |
3,133 | - | - | - | - | - | - | - | - | |
47/48 |
299,004 | 319,865 | 348,919 | - | 5,191 | - | 1,137 | 1,120 | 34 | |
| Income statement | ||||||||||
9900 |
222,469 | 78,740 | 25,699 | 96,296 | 84,772 | 94,691 | 86,102 | 96,423 | -1,674 | |
630 |
33,799 | 32,558 | 20,791 | 22,657 | 32,584 | 25,685 | 25,685 | 14,809 | - | |
640/8 |
2,805 | 1,824 | 1,597 | 2,555 | 5,513 | 1,400 | 1,682 | 1,743 | 318 | |
9901 |
185,865 | 44,358 | 3,311 | 71,085 | 46,675 | 67,606 | 58,736 | 79,870 | -1,993 | |
75/76B |
0 | 47 | - | - | - | - | - | 222 | - | |
75 |
0 | 47 | - | - | - | - | - | 222 | - | |
65/66B |
29,675 | 30,429 | 29,858 | 6,835 | 1,918 | 1,125 | 852 | 619 | - | |
65 |
29,675 | 30,429 | 29,858 | 6,835 | 1,918 | 1,125 | 852 | 619 | - | |
9903 |
156,190 | 13,976 | -26,546 | 64,251 | 44,757 | 66,482 | 57,883 | 79,473 | -1,993 | |
67/77 |
46,626 | 1,646 | 593 | 21,179 | 15,136 | 20,704 | 18,879 | 21,524 | - | |
9904 |
109,564 | 12,330 | -27,140 | 43,072 | 29,621 | 45,777 | 39,004 | 57,950 | -1,993 | |
9905 |
109,564 | 12,330 | -27,140 | 43,072 | 29,621 | 45,777 | 39,004 | 57,950 | -1,993 | |
| Appropriation of the result | ||||||||||
9906 |
94,755 | -14,809 | -27,140 | 43,072 | 29,621 | 45,777 | 39,004 | 55,957 | -1,993 | |
14P |
-14,809 | -27,140 | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 1,600 | 10,000 | 1,624 | - | - | |
691/2 |
94,755 | - | - | 43,072 | 29,621 | 45,777 | 39,004 | 54,357 | - | |
6920 |
- | - | - | - | - | - | - | 1,860 | - | |
6921 |
94,755 | - | - | 43,072 | 29,621 | 45,777 | 39,004 | 52,497 | - | |
694/7 |
- | - | - | - | 1,600 | 10,000 | 1,624 | 1,600 | - | |
694 |
- | - | - | - | 1,600 | 10,000 | 1,624 | 1,600 | - | |
| Document | ||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00363895 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00436873 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00447502 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00373065 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20103101 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57100001 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43000502 | |
| 31-12-2018 | micro format | 19-06-2019 | 2019-19700375 | |
| 31-12-2017 | micro format | 26-07-2018 | 2018-38100270 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 219,664 | 76,916 | 24,102 | 93,742 | 79,258 | 93,291 | 84,420 | 94,680 | - | ||
| 143,363 | 44,888 | -6,349 | 65,728 | 62,205 | 71,462 | 64,689 | 72,759 | - | ||
| 2,768 | 51,138 | 744,543 | 167,139 | 229,320 | 10,000 | 50,704 | 70,205 | - | ||
| 53,117 | 3,562 | 39,821 | 13,486 | -4,461 | -52,739 | 14,470 | 53,721 | - | ||
| -175,503 | -233,588 | -172,033 | 167,446 | 100,269 | 79,792 | 51,070 | 33,614 | 4,207 | ||
| 21.8% | 14.1% | 12.9% | 32.9% | 40.8% | 73.9% | 54.3% | 46.9% | - | ||
| 0.60 | 0.46 | 0.59 | 4.46 | 3.85 | 3.19 | 2.04 | 1.84 | - | ||
| 0.60 | 0.45 | 0.49 | 3.54 | 1.28 | 0.71 | 2.04 | 1.84 | - | ||
| 3.59 | 6.07 | 6.77 | 2.04 | 1.45 | 0.35 | 0.84 | 1.13 | - | ||
| 36.6% | 6.5% | -15.3% | 21.0% | 18.3% | 34.2% | 39.8% | 95.7% | - | ||
| 8.0% | 0.9% | -2.0% | 6.9% | 7.5% | 25.3% | 21.6% | 44.9% | - | ||
| 7.40 | 2.53 | 0.81 | 13.72 | 41.33 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €27,500 | €27,500 | €27,500 | €27,500 |
| - | €192,500 | €192,500 | €192,500 | €192,500 | |
| Carrying value of the mortgaged assets | - | €1.1m | €1.1m | €386,909 | €220,500 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,768 | €51,138 | €744,543 | €167,139 | €229,320 |
| €33,799 | €32,558 | €20,791 | €22,657 | €32,584 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 4.2 times that of 2024 and the highest since 2017. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 85.9% to 78.2%. Equity is higher and debt is lower.
Source: list of holdings in its own 2024 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of STANCO CONSTRUCT. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Bovenstraat 177 registered office 2880 Bornem | 28-11-2017 | 2.270.360.422 |
| 03-03-2022 | Granted | Bouwen of herbouwen submitted 14-11-2021 · project 2021174634 | Bornem |
| 07-10-2021 | Discontinued | Bouwen of herbouwen submitted 10-09-2021 · project 2021143886 | Bornem |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12362G0531/00G000 | 750 m² | 1 · 160 m² | 0.1 m |
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