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STAPPERSHOEVE

Active
Public limited companyfounded 198243 yrs activeAlbert Quintinlaan 2, 3900 Pelt, BelgiumKBO/BCE: BE 0423.264.943
Summary

STAPPERSHOEVE has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€666,705) and a net result of -€3,468. Equity is shrinking by ~30.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Activity not known1 site
How big
€595,912total assets 2025
Equity
-€666,705
Loss
-€3,468
Net result +97%: other schema
Financially healthy?
35 Weak Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Parent
FRAMOL IMMO · 99.89%
Accounts filed 54 d late0 of 5 deeds read
Why 35- No NACE activity registered- Annual accounts: weaker financial profile- Negative equity+ Long track record+ Lower-risk legal formFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability31▲+29
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.3 in 2024; short-term debt: 169.6% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
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 2025
Solvency, return and age of the figures
Solvency
-111.9%
Return on assets
-0.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€666,705
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 filings
Deviation from the deadline
2025
54 d late
2024
61 d late
2023
56 d late
2022
47 d early
2021
61 d early
2020
33 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 September (4 of the last 5 filed years within 101 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Financials

Fiscal year 2025Total assets €595,912Loss -€3,468Solvency -111.9%Liquidity 0.31
Total assets
€595,912▼ 33.7%
2018 - 2025
Net result
-€3,468▲ 97.2%
2018 - 2025
Equity
-€666,705▼ 0.5%
2018 - 2025
Solvency
-111.9%▼ 38.1pp
2018 - 2025

Financials · fiscal year 2025, full schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.09m▼ 3.6%-€0.09m▼ 5.4%-€0.1m▼ 29.5%-€0.07m▲ 39.0%€0.04m
Net result-€0.1m▼ 5.2%-€0.1m▼ 5.5%-€0.1m▼ 32.8%-€0.1m▲ 15.1%-€0.003m▲ 97.2%
Equity-€0.3m▼ 57.7%-€0.4m▼ 38.6%-€0.5m▼ 37.0%-€0.7m▼ 22.9%-€0.7m▼ 0.5%
Total assets€1.0m▼ 13.5%€0.8m▼ 18.8%€1.0m▲ 21.6%€0.9m▼ 8.1%€0.6m▼ 33.7%
Debt€1.3m▼ 3.8%€1.2m▼ 6.0%€1.5m▲ 26.6%€1.6m▲ 2.9%€1.3m▼ 19.2%
Working capital-€0.1m-€0.3m▼ 124%-€0.6m▼ 93.2%-€0.7m▼ 29.8%-€0.7m▲ 4.3%
Why a figure moved sharply
  • 2025 Net result +97% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2021: -€86,080-€86,080Net result 2021: -€103,960-€103,960Operating result 2022: -€90,770-€90,770Net result 2022: -€109,722-€109,722Operating result 2023: -€117,557-€117,557Net result 2023: -€145,742-€145,742Operating result 2024: -€71,761-€71,761Net result 2024: -€123,746-€123,746Operating result 2025: €37,331€37,331Net result 2025: -€3,468-€3,46820212022202320242025-€150,000-€100,000-€50,000€0€50,000Operating result 2023: -€117,557-€118,000Net result 2023: -€145,742-€146,000Operating result 2024: -€71,761Net result 2024: -€123,746-€124,000Operating result 2025: €37,331€37,300Net result 2025: -€3,468-€3,470202320242025
The operating result returns to profit in 2025: €37,331 after a loss of €71,761 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €595,912
Fixed assets €278,841 ▼ 52.9%
Current assets €317,071 ▲ 3.4%
Equity and liabilities
Equity-€666,705
Debt€1.3m
Equity is negative: debt (€1.3m) exceeds the balance-sheet total (€595,912).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,090▲
2024 · -€26,340
Cash flow
€28,290▲
2024 · -€78,325
Solvency
-111.9%▼
2024 · -73.8%
Current ratio
0.31▲
2024 · 0.30
Quick ratio
0.04▲
2024 · 0.03
ROA
-0.6%▲
2024 · -13.8%
Interest coverage
1.62▲
2024 · -0.49
Debt ≤ 1 year
€1.0m▼
2024 · €1.0m
Debt > 1 year
€252,031▼
2024 · €531,117
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
4.0% stopped otherwise
93% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 1,242 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€0.6m▼
Fixed assets21/28€0.6m€0.3m▼
Tangible fixed assets22/27€0.6m€0.3m▼
Land and buildings22€0.6m€0.3m▼
Financial fixed assets28-€0.003m
Current assets29/58€0.3m€0.3m▲
Stocks and contracts in progress3€0.3m€0.3m=
Stocks30/36€0.3m€0.3m=
Amounts receivable within one year40/41€0.03m€0.04m▲
Trade receivables40€0-
Other amounts receivable41€0.03m€0.04m▲
Cash at bank and in hand54/58€0.003m€0.001m▼
Equity and liabilities
Total equity and liabilities10/49€0.9m€0.6m▼
Equity10/15-€0.7m-€0.7m▼
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.05m€0.05m=
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Distributable reserves133€0.05m€0.05m=
Profit (loss) carried forward14-€0.8m-€0.8m▼
Amounts payable17/49€1.6m€1.3m▼
Amounts payable after more than one year17€0.5m€0.3m▼
Financial debts170/4€0.5m€0.3m▼
Amounts payable within one year42/48€1.0m€1.0m▼
Current portion of amounts payable after more than one year42€0.09m€0.07m▼
Trade debts44€0.008m€0.01m▲
Suppliers440/4€0.008m€0.01m▲
Other amounts payable47/48€0.9m€0.9m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.03m▼
Other operating charges640/8€0.008m€0.007m▼
Gross operating margin9900-€0.02m€0.08m▲
Operating profit (loss)9901-€0.07m€0.04m▲
Financial income75/76B€0.002m€0.002m▲
Recurring financial income75€0.002m€0.002m▲
Financial charges65/66B€0.05m€0.04m▼
Recurring financial charges65€0.05m€0.04m▼
Profit (loss) for the period before taxes9903-€0.1m-€0.003m▲
Profit (loss) for the period9904-€0.1m-€0.003m▲
Profit (loss) for the period to be appropriated9905-€0.1m-€0.003m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.8m-€0.8m▼
Profit (loss) brought forward from the previous period14P-€0.7m-€0.8m▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,320€36,442€41,038€45,421€31,759▼ 30.1%
Other operating charges640/8€6,238€6,687€5,927€8,173€7,040▼ 13.9%
Gross operating margin9900-€43,522-€47,641-€70,592-€18,167€76,130▲ 519%
Operating profit (loss)9901-€86,080-€90,770-€117,557-€71,761€37,331▲ 152%
Financial income75/76B€10,162€6,899€4,815€1,899€1,965▲ 3.5%
Recurring financial income75€10,162€6,899€4,815€1,899€1,965▲ 3.5%
Financial charges65/66B€28,043€25,851€32,999€53,884€42,764▼ 20.6%
Recurring financial charges65€28,043€25,851€32,999€53,884€42,764▼ 20.6%
Profit (loss) for the period before taxes9903-€103,960-€109,722-€145,742-€123,746-€3,468▲ 97.2%
Profit (loss) for the period9904-€103,960-€109,722-€145,742-€123,746-€3,468▲ 97.2%
Profit (loss) for the period to be appropriated9905-€103,960-€109,722-€145,742-€123,746-€3,468▲ 97.2%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€0.8m€1.0m€0.9m€0.6m▼ 33.7%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.3m▼ 52.9%
Tangible fixed assets22/27€0.6m€0.6m€0.6m€0.6m€0.3m▼ 53.5%
Land and buildings22€0.6m€0.6m€0.6m€0.6m€0.3m▼ 53.5%
Financial fixed assets28----€0.003m-
Current assets29/58€0.4m€0.2m€0.3m€0.3m€0.3m▲ 3.4%
Stocks and contracts in progress3--€0.3m€0.3m€0.3m=
Stocks30/36--€0.3m€0.3m€0.3m=
Amounts receivable within one year40/41€0.4m€0.2m€0.06m€0.03m€0.04m▲ 46.3%
Trade receivables40--€0.004m€0--
Other amounts receivable41€0.4m€0.2m€0.06m€0.03m€0.04m▲ 46.3%
Cash at bank and in hand54/58€0.004m€0.001m€0.001m€0.003m€0.001m▼ 74.9%
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.8m€1.0m€0.9m€0.6m▼ 33.7%
Equity10/15-€0.3m-€0.4m-€0.5m-€0.7m-€0.7m▼ 0.5%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.05m€0.05m€0.05m€0.05m€0.05m=
Non-distributable reserves130/1€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130€0.006m€0.006m€0.006m€0.006m€0.006m=
Distributable reserves133€0.05m€0.05m€0.05m€0.05m€0.05m=
Profit (loss) carried forward14-€0.4m-€0.5m-€0.7m-€0.8m-€0.8m▼ 0.4%
Amounts payable17/49€1.3m€1.2m€1.5m€1.6m€1.3m▼ 19.2%
Amounts payable after more than one year17€0.8m€0.7m€0.6m€0.5m€0.3m▼ 52.5%
Financial debts170/4€0.8m€0.7m€0.6m€0.5m€0.3m▼ 52.5%
Amounts payable within one year42/48€0.5m€0.5m€0.9m€1.0m€1.0m▼ 2.0%
Current portion of amounts payable after more than one year42€0.08m€0.09m€0.09m€0.09m€0.07m▼ 20.7%
Trade debts44€0.02m€0.008m€0.004m€0.008m€0.01m▲ 37.9%
Suppliers440/4€0.02m€0.008m€0.004m€0.008m€0.01m▲ 37.9%
Taxes, remuneration and social security45€0.006m-----
Remuneration and social security454/9€0.006m-----
Other amounts payable47/48€0.4m€0.4m€0.8m€0.9m€0.9m▼ 0.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€103,960-€109,722-€145,742-€123,746-€3,468▲ 97.2%
+ Depreciation and write-downs630€36,320€36,442€41,038€45,421€31,759▼ 30.1%
Operating cash flow (approximation)-€67,641-€73,280-€104,704-€78,325€28,290▲ 136%
Investment in fixed assets (approximation)-€0-€82,053€0€281,774-
Change in cash--€2,628-€711€2,222-€2,118▼ 195%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Board & ownership

Parent FRAMOL IMMO · 99.89%

Directors

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. THAUPA 100%
  2. FRAMOL IMMO 99.89%
  3. STAPPERSHOEVE

Highest known parent: THAUPA. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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 directors read yet: 0 of 5 Gazette acts processed.

Timeline

11 eventsLatest 23-09-2026Next filing 31-07-2027

History

STAPPERSHOEVE was incorporated on 20 December 1982.1 Total assets fell from €1.3m in 2018 to €595,912 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 54 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
31-12
Financial Weakest financial yearnet -€145,742
Net result drops to -€145,742, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Public limited company · founded 20-12-1982Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPublic limited company
Founded20-12-1982
Fiscal year end31-12
Contact
Phone 011/66 33 40Pelt
E-invoicing
Reachable via Peppol
Peppol ID 0208:0423264943
Also 9925:BE0423264943

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
1.0 ha
Volume, LiDAR
67,293 m³
Parcel 72502E0102/00L147, Flanders · tallest building 27.5 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Albert Quintinlaan 2, 3900 Pelt
Insurance, reinsurance and pension funding, except compulsory social security
since 1983unit no. 2.021.467.429
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72502E0102/00L147 Flanders 1.9 ha 1 · 1.0 ha 27.5 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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