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Staprix

Active Public limited companyfounded 2000active for 26 yearsTiensesteenweg 168, 3800 Sint-TruidenKBO/BCE: BE 0470.936.285 subsidiary of ELEX#1 company by total assets in Sint-Truiden, Real estate sector
Part of the group ELEX 45 companies in 17 countries
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Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2001
peak €443,330 (2023)
€434,091▲ 99.1%
lowest -€11.1m (2018)
€4.0m▲ €4.3m
peak €33.7m (2020)
€33.4m▲ 13.7%
€78.5m▼ 7.6%
peak 2.4 FTE (2015)
-not published
Board5 names since 2019
4 directorsElex NV and 3 others
Owners
consolidatesELEX
Documentsfilings and deeds
28-07-20263 days before the deadline
2025financial year
Gross margin from €218,055 to €434,091Back to profit: €4.0mEquity from €29.4m to €33.4mInvestments €1.3mCash from €2.6m to €3.6m

Key points

from the 2025 annual accounts

Result

€4.0m €4.0m
-€268,0002024€4m2025

Back in profit in 2025, after a loss of €267,572 in 2024.

Debts

€78.5m 70% of the balance sheet
Financial debts 86%Suppliers 9%Taxes and wages 0%Other 5%

Of this, €11.4m falls due within a year.

Investments

€0 0.0 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

25 annual accounts 29 filings since 2001
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2018 accounts came latest: 75 days after the end of the period.

Position in the sector

€4.0m

Higher net result than 95% of companies in real estate. Sector median €20,526 · 5,817 companies.

Checked score

94
Excellent
Financially stronger than 55% of large companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 317 companies (NACE 68, large).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

55+4equity 29.9% of total assets
54+1short-term debt 10.2% · cash 3.2%
24+5return on assets 3.6%

Score breakdown

raises risk
Liquidity: current ratio 7.57, cash €3.6m
lowers risk
Size: total assets €111.9m
Figures for financial year 2025 (filed on 06-08-2026)
Legal form: public limited company
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 68, large). It does better than 48% of them on solvency, 78% on liquidity, 15% on profitability and 78% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 168 companies had the same profile as Staprix has now. Each dot is one company, two years later.

98.2%
were still trading
0.6%
stopped another way
1.2%
went bankrupt
  • Large
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

The bankruptcy probability of Staprix itself is lower: < 0.1% within 12 months. It rests on far more data about Staprix than the profile alone.

Test of the method

The method was tested on the 497,447 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 168 companies, not a prediction for Staprix. 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.

Credit verdict

Credit of up to €3,100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.57 (8.45 in 2024), above the usual 1.5. Short-term debt is 10.2% and cash 3.2% of total assets. However, 70.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €111.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 7.57, cash €3.6m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
3 days early
2024
7 days early
2023
30 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EN
Director, since 01-06-2025
LD
Director
ON
OElex NV
RD
Director
  • ELEX 98%equity €1.74bn (2025) · 2025 annual accounts of ELEX

Shares in 3 companies, including Baton 2010 Limited and CALLexcell

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0470936285
Appointment: Lieven De Turck (director) General meeting of 30-10-2023 · Gazette deed
Capital increase of €50,000,000 to €51,000,000 Capital from €1,000,000 to €51,000,000 · 5,000 shares · Gazette deed
Permanent representatives: Marieke Höfte and Roland Duchatelet Board meeting of 27-11-2019 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
Staprix Sint-Truiden €111.9m €434,091 29.9% -
MAXIGROUPE Grez-Doiceau €74.2m €843,354 62.3% -
HARMONY INDUSTRIES Wielsbeke €167.4m €233,195 45.3% -
ELIAS WHEMAB Aalst €56.9m €433,805 97.0% 0
FSL INVEST REYNIER Liège €57.0m €382,607 2.6% 1
WILHELM et Co Brussels €44.2m €687,805 46.4% 5.2
Vybros Real Estate Wortegem-Petegem €48.9m €552,319 44.7% 3.5

These companies have the same main activity as Staprix: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €44m and €167m, founded between 1968 and 2010.

Official details

Source: KBO
Status
Active since 17-02-2000Normal situation
Registered office
67 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 5 others
Establishment unit
2.100.857.2763980 Tessenderlo-Ham, since 27-02-2001
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2025

≈ €480,000estimated
€111.9m▼ 2.2%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on Staprix

Staprix has existed since 2000. The gross margin fell from €443,330 in 2023 to €218,055 in 2024.

ELEX holds 98% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Staprix

What is the company number of Staprix?
The company number of Staprix is 0470.936.285. The VAT number is the same number with BE in front: BE 0470.936.285.
Where is Staprix based?
The registered office is at Tiensesteenweg 168, 3800 Sint-Truiden.Company details
What does Staprix do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Staprix?
Staprix is a public limited company (NV).
When was Staprix founded?
Staprix was founded on 17-02-2000.
Is Staprix still active?
Yes, Staprix is an active enterprise in the KBO register.
How many employees does Staprix have?
Staprix had an average of 1.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Staprix?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €434,091 and 39 comparable companies (NACE 68203). It probably lies between €450,000 and €600,000. In financial year 2020 turnover was €648,058.
Is Staprix profitable?
In financial year 2025, Staprix made a profit of €4.0m.
Where can I find the annual accounts of Staprix?
Staprix filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Staprix due?
Staprix must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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