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STANNA

Active
Private limited companyfounded 2023active for 3 yearsKaarsenmakerstraat 29, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0803.429.521

Financials · financial year 2025, micro format

2025 annual accounts filed 73 days after the deadline Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00557699.

Annual accounts 2025 filed on 12-10-2026 at the NBB all 3 filings

Turnover
≈ €170,000
Estimated: probably between €130,000 and €240,000
Total assets
€143,599▲ 270%
2024 · €38,764
Net result
€43,869▲ 66.0%
2024 · €26,425
Working capital
€66,270▲ 227%
2024 · €20,238
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 66% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Operating result€55,633 2025 Net result€43,869 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€2,037-€33,424€55,633▲ 66.4%
Net result-€2,094below the sector's middle half-€26,425within the sector's middle half€43,869within the sector's middle half▲ 66.0%
Equity-€94below the sector's middle half-€26,331within the sector's middle half€70,200within the sector's middle half▲ 167%
Total assets€1,916below the sector's middle half-€38,764below the sector's middle half▲ 20×€143,599within the sector's middle half▲ 270%
Debt€2,011-€12,433▲ 518%€73,399▲ 490%
Working capital-€94below the sector's middle half-€20,238within the sector's middle half€66,270within the sector's middle half▲ 227%
Solvency67.9%within the sector's middle half48.9%within the sector's middle half▼ 19.0pp
Current ratio2.63within the sector's middle half1.90within the sector's middle half▼ 0.72
Return on assets (ROA)68.2%above the sector's middle half30.5%above the sector's middle half▼ 37.6pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143,599
Fixed assets €3,931 ▼ 35.5%
Current assets €139,669 ▲ 328%
Equity and liabilities €143,599
Equity €70,200 ▲ 167%
Debt €73,399 ▲ 490%
Debt's share of the balance-sheet total rises from 32.1% to 51.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,796▲
2024 · €33,819
Cash flow
€46,032▲
2024 · €26,820
Debt to equity
1.05▲
2024 · 0.47
ROE
62.5%▼
2024 · 100.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€73,399▲
2024 · €12,433
Income taxes
€11,793▲
2024 · €7,121
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202320242025
Tangible fixed assets-€6,488-
Depreciation and write-downs of the year-€395€2,163

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as STANNA: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €126,000 and €157,000, founded in 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
STANNA Sint-Niklaas2023€143,599€70,200€80,127€43,8692025
DE GROOTE KIRAN Sint-Niklaas2023€139,914€136,751€74,513€53,9942025
Orfa Zwalm2023€147,205€138,380€84,942€52,4382025
LL D&E Waasmunster2023€150,184€90,413€86,616€63,3072025
Be-Technics Temse2023€157,179€74,245€76,938€31,3112025
MM Projects Buggenhout2023€155,697€123,804€94,129€64,2252025
YK Design Gent2023€126,457€92,948€94,146€64,6382025

They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as STANNA has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of STANNA itself is lower: 0.2% within 12 months. It rests on far more data about STANNA than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for STANNA. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 12-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€38,764€143,599▲
Fixed assets21/28€6,093€3,931▼
Tangible fixed assets22/27€6,093€3,931▼
Furniture and vehicles24€6,093€3,931▼
Current assets29/58€32,671€139,669▲
Amounts receivable after more than one year29-€1,870
Other amounts receivable291-€1,870
Amounts receivable within one year40/41€12,515€101,164▲
Trade receivables40€5,530€99,932▲
Other amounts receivable41€6,985€1,232▼
Cash at bank and in hand54/58€20,156€36,471▲
Deferred charges and accrued income490/1-€164
Equity and liabilities
Total equity and liabilities10/49€38,764€143,599▲
Equity10/15€26,331€70,200▲
Contributions10/11€2,000€2,000=
Reserves13€24,331€68,200▲
Distributable reserves133€24,331€68,200▲
Amounts payable17/49€12,433€73,399▲
Amounts payable within one year42/48€12,433€73,399▲
Trade debts44€3,364€18,550▲
Suppliers440/4€3,364€18,550▲
Advances received on contracts in progress46-€15,945
Taxes, remuneration and social security45€9,069€38,903▲
Taxes450/3€9,069€38,903▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395€2,163▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€40,088€21,788▼
Other operating charges640/8€489€544▲
Gross operating margin9900€74,396€80,127▲
Operating profit (loss)9901€33,424€55,633▲
Financial income75/76B€161€177▲
Recurring financial income75€161€177▲
Financial charges65/66B€38€148▲
Recurring financial charges65€38€148▲
Profit (loss) for the period before taxes9903€33,547€55,662▲
Income taxes67/77€7,121€11,793▲
Profit (loss) for the period9904€26,425€43,869▲
Profit (loss) for the period to be appropriated9905€26,425€43,869▲
Appropriation of the result
Profit (loss) to be appropriated9906€24,331€43,869▲
Profit (loss) brought forward from the previous period14P-€2,094€0▲
Transfer to equity691/2€24,331€43,869▲
To other reserves6921€24,331€43,869▲

The notes to these accounts have 5 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.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€395€2,163▲ 447%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€40,088€21,788▼ 45.7%
Other operating charges640/8€100€489€544▲ 11.3%
Gross operating margin9900-€1,937€74,396€80,127▲ 7.7%
Operating profit (loss)9901-€2,037€33,424€55,633▲ 66.4%
Financial income75/76B-€161€177▲ 10.3%
Recurring financial income75-€161€177▲ 10.3%
Financial charges65/66B€58€38€148▲ 285%
Recurring financial charges65€58€38€148▲ 285%
Profit (loss) for the period before taxes9903-€2,094€33,547€55,662▲ 65.9%
Income taxes67/77-€7,121€11,793▲ 65.6%
Profit (loss) for the period9904-€2,094€26,425€43,869▲ 66.0%
Profit (loss) for the period to be appropriated9905-€2,094€26,425€43,869▲ 66.0%
Line202320242025Change
Assets
Total assets20/58€1,916€38,764€143,599▲ 270%
Fixed assets21/28-€6,093€3,931▼ 35.5%
Tangible fixed assets22/27-€6,093€3,931▼ 35.5%
Furniture and vehicles24-€6,093€3,931▼ 35.5%
Current assets29/58€1,916€32,671€139,669▲ 328%
Amounts receivable after more than one year29--€1,870-
Other amounts receivable291--€1,870-
Amounts receivable within one year40/41€1,878€12,515€101,164▲ 708%
Trade receivables40€1,808€5,530€99,932▲ 18×
Other amounts receivable41€71€6,985€1,232▼ 82.4%
Cash at bank and in hand54/58€38€20,156€36,471▲ 80.9%
Deferred charges and accrued income490/1--€164-
Equity and liabilities
Total equity and liabilities10/49€1,916€38,764€143,599▲ 270%
Equity10/15-€94€26,331€70,200▲ 167%
Contributions10/11€2,000€2,000€2,000=
Reserves13-€24,331€68,200▲ 180%
Distributable reserves133-€24,331€68,200▲ 180%
Profit (loss) carried forward14-€2,094---
Amounts payable17/49€2,011€12,433€73,399▲ 490%
Amounts payable within one year42/48€2,011€12,433€73,399▲ 490%
Trade debts44€1,620€3,364€18,550▲ 451%
Suppliers440/4€1,620€3,364€18,550▲ 451%
Advances received on contracts in progress46--€15,945-
Taxes, remuneration and social security45€171€9,069€38,903▲ 329%
Taxes450/3€171€9,069€38,903▲ 329%
Other amounts payable47/48€220---
Line202320242025Change
Profit (loss) for the period9904-€2,094€26,425€43,869▲ 66.0%
+ Depreciation and write-downs630-€395€2,163▲ 447%
Operating cash flow (approximation)-€2,094€26,820€46,032▲ 71.6%
Investment in fixed assets (approximation)--€0-
Change in cash-€20,118€16,315▼ 18.9%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 12-10-2026 2026-00557699 NBB
31-12-2024 micro format 29-08-2025 2025-00467224 PDF
31-12-2023 micro format 30-08-2024 2024-00434530 PDF

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