STASIMO
ActiveSummary
The annual accounts of STASIMO for financial year 2025 show a net loss of 312% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €4,569 and a net result of -€17,656. Equity is shrinking by about 43% per year across the filed financial years. The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €4,569
- Loss
- -€17,656
- Parent
- Mg Re Invest S.A. · 66.6%
- Board
- 6 members
- MG RE InvestmentManaging director · permanent representative Ignace De Paepe
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €17,656, the second in a row (financial year 2025)lowers riskSize: total assets €5,656Founded in 1991Liquidity: current ratio 5.20, cash €5,656, halvedShow the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 85% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Appointments: MG RE Investment BV…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €16,960 in 2025 against €16,744 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,835 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €120 | €472 | €132 | €141 | €144 | ▲ 2.6% |
| Gross operating margin9900 | €21,863 | €78,397 | -€4,698 | -€5,256 | -€10,804 | -€19,889 | -€16,604 | -€16,816 | ▼ 1.3% |
| Operating profit (loss)9901 | €21,733 | €78,200 | -€4,817 | -€5,376 | -€11,276 | -€20,020 | -€16,744 | -€16,960 | ▼ 1.3% |
| Financial income75/76B | - | - | - | €5,711 | - | - | - | - | - |
| Recurring financial income75 | €6,038 | €7,832 | €8,937 | €5,711 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €450 | €1,048 | €488 | €482 | €696 | ▲ 44.6% |
| Recurring financial charges65 | €297 | €315 | €368 | €450 | €1,048 | €488 | €482 | €696 | ▲ 44.6% |
| Profit (loss) for the period before taxes9903 | €27,474 | €85,716 | €3,751 | -€115 | -€12,324 | -€20,508 | -€17,226 | -€17,656 | ▼ 2.5% |
| Income taxes67/77 | €8,424 | €23,997 | €3,389 | €85 | - | - | - | - | - |
| Profit (loss) for the period9904 | €19,050 | €61,719 | €362 | -€200 | -€12,324 | -€20,508 | -€17,226 | -€17,656 | ▼ 2.5% |
| Profit (loss) for the period to be appropriated9905 | €19,050 | €61,719 | €362 | -€200 | -€12,324 | -€20,508 | -€17,226 | -€17,656 | ▼ 2.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €290,096 | €369,215 | €370,466 | €343,285 | €96,366 | €39,451 | €24,004 | €5,656 | ▼ 76.4% |
| Current assets29/58 | €290,096 | €369,215 | €370,466 | €343,285 | €96,366 | €39,451 | €24,004 | €5,656 | ▼ 76.4% |
| Amounts receivable within one year40/41 | €273,715 | €281,548 | €267,596 | €273,307 | €39,148 | - | - | - | - |
| Trade receivables40 | - | - | - | €39,148 | €39,148 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €234,159 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,381 | €87,667 | €102,870 | €69,978 | €57,218 | €39,451 | €24,004 | €5,656 | ▼ 76.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €290,096 | €369,215 | €370,466 | €343,285 | €96,366 | €39,451 | €24,004 | €5,656 | ▼ 76.4% |
| Equity10/15 | €280,402 | €342,121 | €342,484 | €72,284 | €59,960 | €39,451 | €22,225 | €4,569 | ▼ 79.4% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €212,752 | €274,471 | €274,834 | €4,634 | -€7,690 | -€28,199 | -€45,425 | -€63,081 | ▼ 38.9% |
| Amounts payable17/49 | €9,694 | €27,093 | €27,982 | €271,001 | €36,406 | - | €1,778 | €1,087 | ▼ 38.9% |
| Amounts payable within one year42/48 | €9,694 | €27,093 | €27,982 | €271,001 | €36,406 | - | €1,778 | €1,087 | ▼ 38.9% |
| Trade debts44 | €635 | €2,500 | - | - | - | - | €1,778 | €1,087 | ▼ 38.9% |
| Suppliers440/4 | - | - | - | - | - | - | €1,778 | €1,087 | ▼ 38.9% |
| Taxes, remuneration and social security45 | - | - | - | €1,001 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €1,001 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €270,000 | €36,406 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,050 | €61,719 | €362 | -€200 | -€12,324 | -€20,508 | -€17,226 | -€17,656 | ▼ 2.5% |
| Operating cash flow (approximation) | €19,050 | €61,719 | €362 | -€200 | -€12,324 | -€20,508 | -€17,226 | -€17,656 | ▼ 2.5% |
| Change in cash | - | €71,286 | €15,203 | -€32,892 | -€12,760 | -€17,767 | -€15,448 | -€18,347 | ▼ 18.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-06-2026 | 2026-00164113 |
| 31-12-2024 | abbreviated format | 12-08-2025 | 2025-00371037 |
| 31-12-2023 | abbreviated format | 12-08-2024 | 2024-00339146 |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00135136 |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20110713 |
| 31-12-2020 | abbreviated format | 07-07-2021 | 2021-33100425 |
| 31-12-2019 | abbreviated format | 02-07-2020 | 2020-25700021 |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-27800399 |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-24500279 |
| 31-12-2016 | abbreviated format | 27-06-2017 | 2017-22600062 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 6
Day-to-day management 1
Permanent representatives 5
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| MG RE Investment |
|
| 9000 Estate |
|
| MEA VOTA ONE |
|
| PRODIT |
|
| SCS |
|
| SCS BVfrom an act |
|
| Ernst & Young Bedrijfsrevisoren |
|
| MG Investment |
|
Owners and capital
Owners
2 ownersChain of control
- Mg Re Invest S.A.LU
- STASIMO
Highest known parent: Mg Re Invest S.A. (Luxembourg). The sources do not say who stands above it.
Owners 2
- Mg Re Invest S.A.LUparentSourceown accounts 202566.6%
-
33.33%
According to the 2025 annual accounts of STASIMO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 21-02-2025 Capital stated in the deed · €61,500 · 1,032 shares
Group and network
Connections & network
6 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
11-08
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Appointments: MG RE Investment BV, Prodit BV and 3 others · Permanent representatives: Ignace De Paepe, Ignace Tytgat and 3 others · Power of attorney15 facts ▸
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
- Director appointment, MG RE Investment BV (director (not named in the articles))
- Permanent representative, Ignace De Paepe
- Director appointment, Prodit BV (director (not named in the articles))
- Permanent representative, Ignace Tytgat
- Director appointment, SCS BV (director (not named in the articles))
- Permanent representative, Stacey Smits
- Director appointment, Mea Vota One BV (director (not named in the articles))
- Permanent representative, Anja Tackaert
- Director appointment, 9000 Estate BV (director (not named in the articles))
- Permanent representative, Guillaume De Paepe
- Director appointment, MG RE Investment BV (managing director)
- +3 further facts in this act
21-02
Gazette deed
Resignation: MG Investment (director)Permanent representatives: Ignace De Paepe and Christophe Boschmans · Appointment: MG RE Investment (director) · Amendment of the articles8 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Director resignation, MG Investment (director)
- Permanent representative, Ignace De Paepe (2 times)
- Director appointment, MG RE Investment (director)
- Permanent representative, Christophe Boschmans (vaste vertegenwoordiger van de commissaris)
- Other provision, “mogelijkheid schriftelijke en elektronische algemene vergadering, voorzien” (deed in Dutch)
- Amendment of the articles
- Capital, €61,500
Show earlier events
About the unread acts
Of the 13 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44809I0649/52A002 | Flanders | 1,701 m² | 1 · 822 m² | 4.8 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten en beheren van diverse horecazaken,inzonderheid de exploitatie van restaurants; De aankoop,huur en verhuur van diverse goederen…” (deed in Dutch)
9 activities (deed in Dutch)
- Het uitbaten en beheren van diverse horecazaken,inzonderheid de exploitatie van restaurants.
- De aankoop,huur en verhuur van diverse goederen en het verstrekken van alle welk danige diensten en prestaties binnen de horecasector,gene uitgezonderd,evenals op het terrein van andere aanverwante sectoren,voormelde doelstellingen geenszins limitatief opgesomd zijnde.
- Tussenpersoon in de handel.
- Alle studies en verrichtingen met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten,die daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,daar inbegrepen leasing,de rechtstreekse uitbating of in regie,de ruil,de verkoop,de renting,het toestaan van opstal of erfpacht,en,in het algemeen,alle handelingen en verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken,voor zichzelf of voor anderen,van alle bebouwde of onbebouwde onroerende eigendommen.
- Alle verrichtingen van mandaat,agentuur of commissie in verband met de hierboven omschreven handelingen.
- Het doen van handels en financiële verrichtingen,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen,het stellen van alle raadgevende en beheersdaden,met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen,het exploiteren van portefeuilles en kapitalen,het deelnemen in alle ondernemingen,het oprichten,zowel door inbreng als op iedere andere wijze,van vennootschappen en er op eender welke wijze aan deelnemen.
- De organisatie,de beheersproblematiek,de marktstudies en marketingbegeleiding van andere ondernemingen.
- De vorming,de plaatsing of het tegen vergoeding ter beschikkingstellen van gespecialiseerd personeel.
- Deelnemen als bestuurder,zaakvoerder en vereffenaar in andere vennootschappen.
- Name clauseThe name the company operates under according to its articles.
- STASIMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, binnen België” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, 3” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 11:00