STANNIC
ActiveSummary
STANNIC has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226,097 and a net result of €4,543. Equity has been stable since 2019 (±2.1% per year). Its solvency ranks better than 50% of 1,240 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-09-1992 Normal situation
- Activity
- Machining of metals NACE 25530and 1 other
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-09-2025
- Establishment unit
- 2.059.141.437 8210 Zedelgem, since 09-10-1992
- Financial year end
- 30 September
- Peppol
- Reachable since 29-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €218,589
- ▲ 10.1%
- Turnover
- ≈ €560,000
- estimated
- Profit
- €4,543
- Equity
- €226,097
- ▲ 2.1%
- Total assets
- €487,082
- ▲ 4.7%
- Employees on 30-09-2025
- 2
- =
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 1.33, cash €498, halvedlowers riskFounded in 1992Equity €226,097 (46.4% of total assets)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 25, micro). It does better than 50% of them on solvency, 15% on liquidity, 38% on profitability and 42% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-04-2026 PDF all 33 filings
Every figure per financial year
The operating result for 2025 is nearly 3.3 times that of 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| part-time | 0 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 2 | 2 | 2 | 2 | 2 |
| Average over the year, in full-time equivalents | 2.1 | 2 | 2 | 2 | 2 |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | 0 | - | - | - | 0 |
| Left | 1 | - | - | - | 0 |
| Training hours | - | - | 4 | 4 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €25,099 | €2,460 | €50,890 | €138,597 | - |
| Depreciation and write-downs of the year | €25,000 | €27,380 | €27,124 | €38,469 | €48,666 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €136,815 | €129,695 | €138,307 | €144,557 | €147,922 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,137 | €25,128 | €25,000 | €27,380 | €27,124 | €38,469 | €48,666 | ▲ 26.5% |
| Other operating charges640/8 | - | - | €4,894 | €4,522 | €4,263 | €10,273 | €4,817 | ▼ 53.1% |
| Gross operating margin9900 | €245,184 | €196,675 | €176,914 | €168,732 | €195,603 | €198,585 | €218,589 | ▲ 10.1% |
| Operating profit (loss)9901 | -€8,683 | -€14,385 | €10,206 | €7,135 | €25,910 | €5,285 | €17,183 | ▲ 225% |
| Financial income75/76B | - | - | €575 | €0 | - | €413 | €928 | ▲ 125% |
| Recurring financial income75 | €827 | €667 | €575 | €0 | - | €413 | €928 | ▲ 125% |
| Financial charges65/66B | - | - | €4,072 | €3,691 | €3,989 | €4,608 | €9,367 | ▲ 103% |
| Recurring financial charges65 | €6,747 | €4,472 | €4,072 | €3,691 | €3,989 | €4,608 | €9,367 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | -€14,603 | -€18,190 | €6,709 | €3,444 | €21,921 | €1,091 | €8,744 | ▲ 702% |
| Income taxes67/77 | €733 | €552 | €523 | €909 | €5,835 | €1,679 | €4,201 | ▲ 150% |
| Profit (loss) for the period9904 | -€15,336 | -€18,742 | €6,185 | €2,535 | €16,087 | -€588 | €4,543 | - |
| Transfer to tax-exempt reserves689 | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€17,745 | -€21,214 | €6,185 | €2,535 | €16,087 | -€588 | €4,543 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €404,458 | €340,972 | €311,657 | €319,920 | €371,648 | €465,248 | €487,082 | ▲ 4.7% |
| Fixed assets21/28 | €161,938 | €142,164 | €142,264 | €117,344 | €141,111 | €237,031 | €188,364 | ▼ 20.5% |
| Tangible fixed assets22/27 | €161,803 | €142,029 | €142,129 | €117,209 | €140,976 | €236,896 | €188,229 | ▼ 20.5% |
| Land and buildings22 | - | - | €105,283 | €92,064 | €77,821 | €114,954 | €100,298 | ▼ 12.7% |
| Plant, machinery and equipment23 | - | - | €11,919 | €10,001 | €23,535 | €14,687 | €10,410 | ▼ 29.1% |
| Furniture and vehicles24 | - | - | €24,927 | €15,144 | €39,620 | €107,254 | €77,521 | ▼ 27.7% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €242,520 | €198,807 | €169,393 | €202,576 | €230,537 | €228,218 | €298,717 | ▲ 30.9% |
| Stocks and contracts in progress3 | €49,550 | €54,142 | €78,923 | €94,391 | €77,502 | €81,157 | €130,700 | ▲ 61.0% |
| Stocks30/36 | - | - | €53,923 | €54,214 | €55,602 | €56,157 | €55,700 | ▼ 0.8% |
| Contracts in progress37 | - | - | €25,000 | €40,177 | €21,900 | €25,000 | €75,000 | ▲ 200% |
| Amounts receivable within one year40/41 | €140,008 | €115,021 | €88,365 | €105,725 | €145,890 | €130,730 | €167,520 | ▲ 28.1% |
| Trade receivables40 | - | - | €88,365 | €105,325 | €145,490 | €114,589 | €165,805 | ▲ 44.7% |
| Other amounts receivable41 | - | - | €0 | €400 | €400 | €16,141 | €1,714 | ▼ 89.4% |
| Cash at bank and in hand54/58 | €3,597 | €632 | €1,258 | €352 | €6,772 | €15,065 | €498 | ▼ 96.7% |
| Deferred charges and accrued income490/1 | - | - | €847 | €2,108 | €373 | €1,265 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €404,458 | €340,972 | €311,657 | €319,920 | €371,648 | €465,248 | €487,082 | ▲ 4.7% |
| Equity10/15 | €216,078 | €197,335 | €203,521 | €206,056 | €222,142 | €221,554 | €226,097 | ▲ 2.1% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €28,112 | €177,335 | €183,521 | €186,056 | €202,142 | €201,554 | €206,097 | ▲ 2.3% |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | €28,584 | €28,584 | €28,584 | €28,584 | €28,584 | = |
| Distributable reserves133 | - | - | €152,937 | €155,472 | €173,559 | €172,970 | €177,514 | ▲ 2.6% |
| Profit (loss) carried forward14 | €167,966 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €188,380 | €143,636 | €108,136 | €113,865 | €149,505 | €243,694 | €260,985 | ▲ 7.1% |
| Amounts payable after more than one year17 | €35,054 | €15,025 | €12,993 | €8,025 | €18,800 | €60,075 | €32,410 | ▼ 46.1% |
| Financial debts170/4 | - | - | €12,993 | €8,025 | €18,800 | €60,075 | €32,410 | ▼ 46.1% |
| Amounts payable within one year42/48 | €151,218 | €125,702 | €92,368 | €102,415 | €129,526 | €183,619 | €225,241 | ▲ 22.7% |
| Current portion of amounts payable after more than one year42 | - | - | €19,917 | €4,968 | €14,891 | €34,588 | €27,665 | ▼ 20.0% |
| Financial debts43 | - | - | €24,995 | €18,550 | €5,327 | €0 | €19,669 | - |
| Credit institutions430/8 | - | - | €24,995 | €18,550 | €5,327 | €0 | €19,669 | - |
| Trade debts44 | €53,050 | €37,775 | €10,418 | €35,046 | €46,193 | €58,373 | €96,422 | ▲ 65.2% |
| Suppliers440/4 | - | - | €10,418 | €35,046 | €46,193 | €58,373 | €96,422 | ▲ 65.2% |
| Taxes, remuneration and social security45 | - | - | €21,229 | €29,780 | €40,763 | €45,848 | €43,635 | ▼ 4.8% |
| Taxes450/3 | - | - | €5,501 | €10,896 | €15,426 | €19,155 | €16,309 | ▼ 14.9% |
| Remuneration and social security454/9 | - | - | €15,727 | €18,884 | €25,336 | €26,693 | €27,326 | ▲ 2.4% |
| Other amounts payable47/48 | - | - | €15,809 | €14,071 | €22,351 | €44,811 | €37,850 | ▼ 15.5% |
| Accrued charges and deferred income492/3 | - | - | €2,775 | €3,425 | €1,180 | €0 | €3,334 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,336 | -€18,742 | €6,185 | €2,535 | €16,087 | -€588 | €4,543 | - |
| + Depreciation and write-downs630 | €32,137 | €25,128 | €25,000 | €27,380 | €27,124 | €38,469 | €48,666 | ▲ 26.5% |
| Operating cash flow (approximation) | €16,801 | €6,386 | €31,185 | €29,915 | €43,210 | €37,881 | €53,210 | ▲ 40.5% |
| Investment in fixed assets (approximation) | - | -€5,355 | -€25,099 | -€2,460 | -€50,890 | -€134,389 | €0 | - |
| Change in cash | - | -€2,965 | €626 | -€906 | €6,419 | €8,293 | -€14,567 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as STANNIC has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STANNIC itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for STANNIC. 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.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 29-04-2026 | 2026-00092128 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00081750 | |
| 30-09-2023 | abbreviated format | 26-04-2024 | 2024-00069974 | |
| 30-09-2022 | abbreviated format | 28-02-2023 | 2023-00032287 | |
| 30-09-2021 | abbreviated format | 02-05-2022 | 2022-20016194 | |
| 30-09-2020 | abbreviated format | 30-04-2021 | 2021-12500094 | |
| 30-09-2019 | micro format | 04-05-2020 | 2020-11200273 | |
| 30-09-2018 | micro format | 25-03-2019 | 2019-07800457 | |
| 30-09-2017 | micro format | 04-04-2018 | 2018-09000329 | |
| 30-09-2016 | abbreviated format | 25-04-2017 | 2017-10400110 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 08-05-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| NOTREDAME Nico |
|
| NOTREDAME Stefaan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer, algemene vergadering die benoemt”
Articles of association, deed of 08-05-2023 (in Dutch)
Network & group
STANNIC shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of STANNIC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-05
Gazette deed
2 directors resigning, 2 reappointedResignations: NOTREDAME Nico (director) and NOTREDAME Stefaan (director) · Reappointments: NOTREDAME Nico (director) and NOTREDAME Stefaan (director) · Amendment of the articles13 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “geen eigen vermogensrekening niet-opgevraagde inbrengen gevormd, aandelen volledig volstort” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Director resignation, NOTREDAME Nico
- Director resignation, NOTREDAME Stefaan
- Director reappointment, NOTREDAME Nico
- Director reappointment, NOTREDAME Stefaan
- Registered office clause, “Kruishillestraat 35 A, Zevende besluit” (deed in Dutch)
- Director discharge, NOTREDAME Nico
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
11 activities
- Algemene elektriciteitswerken aan toestellen en gebouwen
- Werkplaats voor algemene mecaniek
- De onderhoud en fabricage van bedrijfsmachines,toestellen en uitrusting en gereedschap specifiek voor de landbouw-,metaal-,horeca-,textielsector,voor de voedings-en tabaksnijverheid,brood en banketbakkerijen,spekslagerijen en slagerijwinkels,voor luchtregeling,voor de bewerking van hout,eboniet,kurk en been
- Het fabriceren van metalen rolluiken en ramen,zware metalen verpakking en melkbussen,metalen schrijnwerk
- Het fabriceren van allerhande artikelen en werktuigen van plaatijzer voor industrieel of professioneel gebruik,van klein timmerwerk en ketelwerk
- Smederij,hoeve-en snijtuigsmederij en fabricage van artikelen van gesmeed ijzer en gereedschappen
- De bouw van bruggen en vakwerk
- De montage van metalen constructies,liften en goederenliften
- Het fabriceren van drijfkrachtmachines,pneumatische en hydraulische machines
- Groot-en kleinhandel,in-en uitvoer,aan-en verkoop van voormelde goederen
- Onderneming voor rioleringswerken,grondwerken,funderingen,heien van palen en damplanken,herstellingswerken van bodem en volgens allerlei methodes,bouwen van stellingen en invoegen,reinigen van gevels,plaatsen van afsluitingen,droogmaken van gebouwen anders dan met teer en asfalt,vervaardigen en plaatsen van vensterluiken,plaatsen van ventilatie en verluchtingen,pijpleidingen,installatie van pompstations en zuiveringsinstallaties van water,reparatie ten huize van allerhande machines
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31040D0810/00D000 | Flanders | 4,410 m² | 1 · 201 m² | 8.1 m · 1 |