STAPPO
ActiveSTAPPO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-82k) and a net result of €-96k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-27
Solvency10▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.94 in 2023; short-term debt: 107.7% and cash: 12.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-15.3%
Return on assets
-17.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-82k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
61 d late
2022
31 d late
2021
114 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-96k▼ 438%
2023 · €-18k
2018: €819
2019: €87
2020: €6k
2021: €2k
2022: €568
2023: €-18k
2018 → 2024
Working capital
€-161k▼ 368%
2023 · €-34k
2018: €111k
2019: €106k
2020: €100k
2021: €31k
2022: €14k
2023: €-34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€31k▲ 5.8%€31k▲ 1.8%€14k▼ 56.8%€-82k
Operating result€16k-€10k▼ 33.1%€14k▲ 31.4%€-3k€-83k▼ 2,479%
Net result€6k-€2k▼ 69.9%€568▼ 66.0%€-18k€-96k▼ 438%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €83k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €536k
Fixed assets
€120k▲ 4.8%
Current assets
€416k▼ 27.0%
Key figures and ratios
EBITDA
€-56k▼
2023 · €20k
Cash flow
€-68k▼
2023 · €5k
Solvency
-15.3%▼
2023 · 2.0%
Current ratio
0.72▼
2023 · 0.94
Quick ratio
0.25▼
2023 · 0.31
Debt / equity
-7.53▼
2023 · 49.66
ROA
-17.8%▼
2023 · -2.6%
Interest coverage
-4.20▼
2023 · 1.35
Debt
€618k▼
2023 · €671k
Debt ≤ 1 year
€577k▼
2023 · €605k
Debt > 1 year
€41k▼
2023 · €67k
Staff costs
€220k▼
2023 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€685k€536k▼
Formation expenses20€0€0=
Fixed assets21/28€115k€120k▲
Intangible fixed assets21€550€350▼
Tangible fixed assets22/27€114k€119k▲
Plant, machinery and equipment23€54k€48k▼
Furniture and vehicles24€35k€56k▲
Leasing and similar rights25€24k€16k▼
Financial fixed assets28€190€190=
Current assets29/58€570k€416k▼
Stocks and contracts in progress3€385k€270k▼
Stocks30/36€385k€270k▼
Amounts receivable within one year40/41€123k€80k▼
Trade receivables40€123k€80k▼
Cash at bank and in hand54/58€51k€66k▲
Deferred charges and accrued income490/1€11k€179▼
Equity and liabilities
Total equity and liabilities10/49€685k€536k▼
Equity10/15€14k€-82k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-6k€-101k▼
Amounts payable17/49€671k€618k▼
Amounts payable after more than one year17€67k€41k▼
Financial debts170/4€67k€41k▼
Amounts payable within one year42/48€605k€577k▼
Current portion of amounts payable after more than one year42€31k€15k▼
Trade debts44€445k€427k▼
Suppliers440/4€445k€427k▼
Taxes, remuneration and social security45€123k€115k▼
Taxes450/3€79k€76k▼
Remuneration and social security454/9€44k€39k▼
Other amounts payable47/48€5k€20k▲
Income statement
Code20232024
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€224k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0
Other operating charges640/8€11k€8k▼
Non-recurring operating charges66A-€16k
Gross operating margin9900€255k€188k▼
Operating profit (loss)9901€-3k€-83k▼
Financial income75/76B€675€956▲
Recurring financial income75€675€956▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€-17k€-96k▼
Income taxes67/77€537-
Profit (loss) for the period9904€-18k€-96k▼
Profit (loss) for the period to be appropriated9905€-18k€-96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-101k▼
Profit (loss) brought forward from the previous period14P€12k€-6k▼
Social balance
Average headcount (FTE)90874.84.8=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 120 days late
2024
31-12
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 114 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €6k ▲6310%
Operating result €16k, net result €6k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Grâce-Hollogne · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Hector Denis 174460 Grâce-HollogneGround area
1,316 m²
Building footprint
196 m²
Volume, LiDAR
1,642 m³
Parcel 62046A0491/00Z003, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STAPPO
since 20122.208.905.873
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0491/00Z003 | Wallonia | 1,315 m² | 1 · 196 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGrâce-Hollogne2.208.905.873
Similar companies · same sector, comparable size
MAVER
BE 0888.382.220
Roeselare · Eq €13k
OPIUS
BE 0741.362.783
Merelbeke-Melle · Eq €13k
GWC Wines
BE 0793.728.630
Lasne · Eq €13k
DYVINS
BE 0721.669.706
Jalhay · Eq €14k
ZALMOXIS VINTENARS
BE 0804.581.445
Brussel · Eq €14k
Of 1,051 companies in sector 46341 we hold annual accounts for 535. 278 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2012
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.