Summary
StaPal has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €253.8m and a net result of €747,029. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 89% of 1203 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
43 d early
2022
33 d early
2021
34 d early
2020
90 d late
2019
70 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 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#1 company by equity in the province of Antwerp, Office administrative support sector#1 company by total assets in Wijnegem, Administrative and support services sector
Turnover
€2.0m▲ 24.0%
2023 · €1.6m
EBIT margin
12.2%▼ 2.8pp
2023 · 15.0%
Net result
€747,029▲ 43.3%
2023 · €521,176
Working capital
€84.5m▲ 2.7%
2023 · €82.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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
Turnover€1.4m▲ 300%€1.9m▲ 39.8%€1.6m▼ 16.3%€1.6m=€2.0m▲ 24.0%
Operating result-€769,937▼ 944%€1.9m€533,652▼ 72.1%€243,553▼ 54.4%€245,683▲ 0.9%
Net result€11.2mabove the sector's middle half▼ 74.1%€2.3mabove the sector's middle half▼ 79.1%€683,664above the sector's middle half▼ 70.7%€521,176above the sector's middle half▼ 23.8%€747,029above the sector's middle half▲ 43.3%
EBIT margin-55.4%▼ 34.2pp98.5%▲ 154.0pp32.8%▼ 65.7pp15.0%▼ 17.8pp12.2%▼ 2.8pp
Equity€249.5mabove the sector's middle half▲ 4.7%€251.8mabove the sector's middle half▲ 0.9%€252.5mabove the sector's middle half▲ 0.3%€253.0mabove the sector's middle half▲ 0.2%€253.8mabove the sector's middle half▲ 0.3%
Total assets€288.6mabove the sector's middle half▼ 0.6%€286.6mabove the sector's middle half▼ 0.7%€285.1mabove the sector's middle half▼ 0.5%€282.8mabove the sector's middle half▼ 0.8%€282.6mabove the sector's middle half=
Debt€39.2m▼ 24.7%€34.8m▼ 11.1%€32.7m▼ 6.2%€29.8m▼ 8.9%€28.9m▼ 3.0%
Working capital€84.2m▲ 18.7%€84.0m▼ 0.3%€83.2m▼ 0.9%€82.2m▼ 1.2%€84.5m▲ 2.7%
Solvency86.4%above the sector's middle half▲ 4.4pp87.9%above the sector's middle half▲ 1.4pp88.5%above the sector's middle half▲ 0.7pp89.5%above the sector's middle half▲ 0.9pp89.8%above the sector's middle half▲ 0.3pp
Staff (FTE)19.4above the sector's middle half▲ 3.2%20.5above the sector's middle half▲ 5.7%18.4within the sector's middle half▼ 10.2%19.9above the sector's middle half▲ 8.2%23.1above the sector's middle half▲ 16.1%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €282.6m
Fixed assets
€194.3m ▼ 0.8%
Current assets
€88.4m ▲ 1.6%
Equity and liabilities €282.6m
Equity
€253.8m ▲ 0.3%
Debt
€28.9m ▼ 3.0%
Debt's share of the balance-sheet total falls from 10.5% to 10.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.3%▲
2023 · 0.2%
ROA
0.3%▲
2023 · 0.2%
Debt ≤ 1 year
€3.9m▼
2023 · €4.8m
Debt > 1 year
€25.0m=
2023 · €25.0m
Income taxes
€194,534▼
2023 · €200,402
Staff costs
€1.5m▲
2023 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €3.5m | €1.6m | €1.6m | €2.0m | ▲ 24.2% |
| Turnover70 | €1.4m | €1.9m | €1.6m | €1.6m | €2.0m | ▲ 24.0% |
| Other operating income74 | - | €14,834 | €14,473 | €15,268 | €22,408 | ▲ 46.8% |
| Non-recurring operating income76A | - | €1.6m | - | - | - | - |
| Operating charges60/66A | - | €1.6m | €1.1m | €1.4m | €1.8m | ▲ 28.3% |
| Services and other goods61 | - | €393,650 | €32,330 | €133,289 | €264,028 | ▲ 98.1% |
| Remuneration, social security and pensions62 | - | €1.2m | €1.1m | €1.3m | €1.5m | ▲ 20.9% |
| Other operating charges640/8 | - | €6,870 | €1,485 | €1,538 | €1,564 | ▲ 1.7% |
| Operating profit (loss)9901 | -€769,937 | €1.9m | €533,652 | €243,553 | €245,683 | ▲ 0.9% |
| Financial income75/76B | - | €852,261 | €663,117 | €729,026 | €946,839 | ▲ 29.9% |
| Recurring financial income75 | €12.2m | €852,261 | €663,117 | €729,026 | €765,612 | ▲ 5.0% |
| Income from current assets751 | - | €852,260 | €663,117 | €729,026 | €765,612 | ▲ 5.0% |
| Other financial income752/9 | - | €1 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | - | €181,226 | - |
| Financial charges65/66B | - | €283,828 | €273,105 | €251,001 | €250,960 | = |
| Recurring financial charges65 | €279,474 | €283,828 | €273,105 | €251,001 | €250,960 | = |
| Debt charges650 | €277,416 | €275,630 | €261,013 | €250,000 | €250,000 | = |
| Other financial charges652/9 | - | €8,198 | €12,092 | €1,001 | €960 | ▼ 4.1% |
| Profit (loss) for the period before taxes9903 | €11.2m | €2.5m | €923,664 | €721,578 | €941,562 | ▲ 30.5% |
| Income taxes67/77 | €18 | €145,067 | €240,000 | €200,402 | €194,534 | ▼ 2.9% |
| Taxes670/3 | - | €149,045 | €240,000 | €200,903 | €197,550 | ▼ 1.7% |
| Tax adjustments and reversals of tax provisions77 | - | €3,979 | - | €501 | €3,016 | ▲ 502% |
| Profit (loss) for the period9904 | €11.2m | €2.3m | €683,664 | €521,176 | €747,029 | ▲ 43.3% |
| Profit (loss) for the period to be appropriated9905 | €11.4m | €2.3m | €683,664 | €521,176 | €747,029 | ▲ 43.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288.6m | €286.6m | €285.1m | €282.8m | €282.6m | = |
| Fixed assets21/28 | €196.7m | €194.8m | €194.3m | €195.8m | €194.3m | ▼ 0.8% |
| Financial fixed assets28 | €196.7m | €194.8m | €194.3m | €195.8m | €194.3m | ▼ 0.8% |
| Affiliated companies280/1 | - | €194.8m | €194.3m | €195.8m | €194.3m | ▼ 0.8% |
| Participating interests280 | - | €194.8m | €194.3m | €195.8m | €194.3m | ▼ 0.8% |
| Current assets29/58 | €92.0m | €91.8m | €90.9m | €87.0m | €88.4m | ▲ 1.6% |
| Amounts receivable after more than one year29 | - | €79.7m | €80.0m | €79.9m | €71.8m | ▼ 10.1% |
| Other amounts receivable291 | - | €79.7m | €80.0m | €79.9m | €71.8m | ▼ 10.1% |
| Amounts receivable within one year40/41 | €1.2m | €1.0m | €403,864 | €243,705 | €327,479 | ▲ 34.4% |
| Trade receivables40 | - | €805,098 | €327,910 | €163,955 | - | - |
| Other amounts receivable41 | - | €235,213 | €75,954 | €79,750 | €327,479 | ▲ 311% |
| Current investments50/53 | €5.0m | €5.0m | - | €2.1m | €2.0m | ▼ 4.8% |
| Other investments51/53 | - | €5.0m | - | €2.1m | €2.0m | ▼ 4.8% |
| Cash at bank and in hand54/58 | €5.3m | €6.0m | €10.5m | €4.7m | €14.1m | ▲ 200% |
| Deferred charges and accrued income490/1 | - | - | €742 | €66,816 | €90,341 | ▲ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288.6m | €286.6m | €285.1m | €282.8m | €282.6m | = |
| Equity10/15 | €249.5m | €251.8m | €252.5m | €253.0m | €253.8m | ▲ 0.3% |
| Contributions10/11 | €180.0m | €180.0m | €180.0m | €180.0m | €180.0m | = |
| Capital10 | - | €180.0m | €180.0m | €180.0m | €180.0m | = |
| Issued capital100 | - | €180.0m | €180.0m | €180.0m | €180.0m | = |
| Reserves13 | €69.5m | €71.8m | €72.5m | €73.0m | €73.8m | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €18.0m | €18.0m | €18.0m | €18.0m | = |
| Legal reserve130 | - | €18.0m | €18.0m | €18.0m | €18.0m | = |
| Distributable reserves133 | - | €53.8m | €54.5m | €55.0m | €55.8m | ▲ 1.4% |
| Amounts payable17/49 | €39.2m | €34.8m | €32.7m | €29.8m | €28.9m | ▼ 3.0% |
| Amounts payable after more than one year17 | €31.4m | €27.0m | €25.0m | €25.0m | €25.0m | = |
| Financial debts170/4 | - | €27.0m | €25.0m | €25.0m | €25.0m | = |
| Other loans174 | - | €27.0m | €25.0m | €25.0m | €25.0m | = |
| Amounts payable within one year42/48 | €7.8m | €7.8m | €7.7m | €4.8m | €3.9m | ▼ 18.5% |
| Trade debts44 | €38,969 | €31,014 | €101 | €18,013 | €29,000 | ▲ 61.0% |
| Suppliers440/4 | - | €31,014 | €101 | €18,013 | €29,000 | ▲ 61.0% |
| Taxes, remuneration and social security45 | - | €315,844 | €197,874 | €284,079 | €394,732 | ▲ 39.0% |
| Taxes450/3 | - | €156,741 | €64,718 | €75,463 | €158,929 | ▲ 111% |
| Remuneration and social security454/9 | - | €159,103 | €133,155 | €208,616 | €235,803 | ▲ 13.0% |
| Other amounts payable47/48 | - | €7.5m | €7.5m | €4.5m | €3.5m | ▼ 22.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11.2m | €2.3m | €683,664 | €521,176 | €747,029 | ▲ 43.3% |
| Operating cash flow (approximation) | €11.2m | €2.3m | €683,664 | €521,176 | €747,029 | ▲ 43.3% |
| Investment in fixed assets (approximation) | - | €1.8m | €567,753 | -€1.5m | €1.5m | ▲ 200% |
| Change in cash | - | €726,063 | €4.5m | -€5.8m | €9.4m | ▲ 262% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €521,176 ▼23.8%
Net result drops to €521,176, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €250mEq €251.8m ▲0.9%
3 profitable years in a row build equity to €251.8m.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 11.84
Current ratio from 4.47 to 11.84; short-term debt falls from €20.4m to €7.8m.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Wijnegem · 1 establishment unit since 2019
Ground area
3.4 ha
Building footprint
1.4 ha
Parcel 11050A0068/00V000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Bijkhoevelaan 2, 2110 Wijnegem
since 20192.296.186.077
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0068/00V000 | Flanders | 3.4 ha | 1 · 1.4 ha | - |
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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
99.84%
According to the 2024 annual accounts of StaPal and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500HSF01HMNQOFY08
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835219092
Also
9925:BE0835219092
Registered
22-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.