Equity
Equity fell by 73% in 4 years.
Equity fell by 73% in 4 years.
The accounts state no turnover.
In 2025, 1 person joined and nobody left.
Short-term debts fell from €82,489 to €67,771.
The last five annual accounts were filed 38 to 60 days before the end of the period.
In July 2024, 26,969 companies had the same profile as STASSI has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for STASSI. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| STASSI Antwerp | €205,172 | €228,057 | 56.8% | 2.7 |
| JEAN sur MER The Shop Brasschaat | €201,010 | €130,047 | -12.5% | 4 |
| PLACIDE ODK Koksijde | €398,417 | €188,880 | 15.6% | 3.1 |
| VISHANDEL VANZEGBROECK Leuven | €451,803 | €179,841 | 8.6% | 1.9 |
| BIJAMH Antwerp | €264,523 | €291,124 | 33.3% | - |
| Oméga 3 Molenbeek-Saint-Jean | €486,772 | €263,142 | 29.5% | 3.7 |
| VISDELICATESSEN DE WOLF Nazareth-De Pinte | €383,203 | €134,252 | 72.3% | 1.7 |
These companies have the same main activity as STASSI: retail trade (NACE 47230). They are comparable in size and age: total assets between €201,000 and €487,000, founded between 2017 and 2020.
STASSI files the abbreviated format. That format states no turnover. The gross margin fell from €457,811 in 2019 to €228,057 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €620,000 and €1.8m.
Higher than 70% of 13,234 companies in 2025.
Higher than 66% of 13,093 companies in 2025.
Higher than 79% of 13,156 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
205,172 | 205,583 | 279,123 | 328,630 | 647,932 | 496,916 | 345,754 | |
21/28 |
57,926 | 74,517 | 95,830 | 114,917 | 148,603 | 145,074 | 154,450 | |
21 |
527 | 1,465 | 2,403 | 3,341 | 18,659 | 30,000 | 45,000 | |
22/27 |
57,399 | 73,052 | 93,427 | 111,575 | 129,945 | 115,074 | 109,450 | |
22 |
23,018 | 31,000 | 38,982 | 46,829 | 52,096 | 59,095 | 41,517 | |
23 |
30,112 | 38,918 | 49,182 | 56,986 | 67,493 | 54,843 | 61,800 | |
24 |
4,269 | 3,134 | 5,263 | 7,760 | 10,355 | 1,136 | 6,134 | |
29/58 |
147,246 | 131,066 | 183,293 | 213,713 | 499,328 | 351,842 | 191,304 | |
29 |
- | - | - | - | - | - | 42,076 | |
291 |
- | - | - | - | - | - | 42,076 | |
3 |
4,997 | - | - | - | - | - | - | |
30/36 |
4,997 | - | - | - | - | - | - | |
40/41 |
13,524 | 17,532 | 48,777 | 12,746 | 19,137 | 37,316 | 16,970 | |
40 |
66 | 1,401 | 39,662 | - | 3,494 | 22,067 | - | |
41 |
13,458 | 16,131 | 9,114 | 12,746 | 15,643 | 15,248 | 16,970 | |
54/58 |
126,724 | 110,080 | 132,647 | 200,967 | 480,192 | 314,526 | 132,258 | |
490/1 |
2,001 | 3,453 | 1,870 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
205,172 | 205,583 | 279,123 | 328,630 | 647,932 | 496,916 | 345,754 | |
10/15 |
116,458 | 92,065 | 115,596 | 97,063 | 424,510 | 301,503 | 119,672 | |
10/11 |
100 | 100 | 100 | 100 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | |
13 |
116,358 | 91,965 | 115,496 | 96,963 | 405,910 | 282,903 | 101,072 | |
133 |
116,358 | 91,965 | 115,496 | 96,963 | 405,910 | 282,903 | 101,072 | |
17/49 |
88,714 | 113,519 | 163,527 | 231,567 | 223,422 | 195,413 | 226,082 | |
17 |
20,944 | 31,030 | 45,787 | 69,811 | 93,349 | 116,809 | 138,602 | |
170/4 |
20,944 | 31,030 | 45,787 | 69,811 | 93,349 | 116,809 | 138,602 | |
42/48 |
67,771 | 82,489 | 117,741 | 161,755 | 128,312 | 78,604 | 87,480 | |
42 |
10,086 | 14,748 | 24,074 | 23,538 | 22,909 | 21,793 | 21,793 | |
44 |
17,319 | 39,463 | 64,451 | 43,106 | 68,135 | 40,955 | 46,105 | |
440/4 |
17,319 | 39,463 | 64,451 | 43,106 | 68,135 | 40,955 | 46,105 | |
45 |
34,732 | 24,440 | 25,290 | 43,587 | 34,498 | 15,523 | 19,582 | |
450/3 |
14,813 | 8,997 | 8,346 | 18,369 | 12,286 | - | 1,618 | |
454/9 |
19,918 | 15,442 | 16,944 | 25,218 | 22,212 | 15,523 | 17,964 | |
47/48 |
5,634 | 3,838 | 3,926 | 51,526 | 2,769 | 332 | - | |
492/3 |
- | - | - | - | 1,761 | - | - | |
| Income statement | ||||||||
76A |
9,589 | - | - | - | - | - | - | |
9900 |
228,057 | 226,692 | 237,290 | 280,261 | 368,941 | 451,655 | 457,811 | |
62 |
170,113 | 129,468 | 167,507 | 192,422 | 166,173 | 167,799 | 251,610 | |
630 |
22,368 | 21,684 | 22,039 | 37,126 | 35,810 | 35,912 | 67,284 | |
640/8 |
1,108 | 1,828 | 1,898 | 1,809 | 1,892 | 1,775 | 3,542 | |
66A |
- | - | - | - | 513 | - | - | |
9901 |
34,468 | 73,712 | 45,846 | 48,903 | 164,553 | 246,169 | 135,375 | |
75/76B |
765 | 992 | 604 | 66 | 10 | 6 | 1,433 | |
75 |
765 | 992 | 604 | 66 | 10 | 6 | 1,433 | |
65/66B |
3,857 | 6,268 | 5,967 | 5,036 | 6,997 | 8,187 | 9,735 | |
65 |
3,857 | 6,268 | 5,967 | 5,036 | 6,997 | 8,187 | 9,735 | |
9903 |
31,376 | 68,437 | 40,483 | 43,933 | 157,566 | 237,988 | 127,074 | |
67/77 |
6,983 | 15,497 | 10,186 | 11,154 | 34,558 | 56,157 | 26,002 | |
9904 |
24,393 | 52,939 | 30,297 | 32,780 | 123,007 | 181,831 | 101,072 | |
9905 |
24,393 | 52,939 | 30,297 | 32,780 | 123,007 | 181,831 | 101,072 | |
| Appropriation of the result | ||||||||
9906 |
24,393 | 52,939 | 30,297 | 32,780 | 123,007 | 181,831 | 101,072 | |
791/2 |
- | 76,471 | 11,765 | 341,726 | - | - | - | |
691/2 |
24,393 | 52,939 | 30,297 | 32,780 | 123,007 | 181,831 | 101,072 | |
6921 |
24,393 | 52,939 | 30,297 | 32,780 | 123,007 | 181,831 | 101,072 | |
694/7 |
- | 76,471 | 11,765 | 341,726 | - | - | - | |
694 |
- | 76,471 | 11,765 | 341,726 | - | - | - | |
| Social balance sheet | ||||||||
9087 |
2.7 | 2.2 | 2.7 | 4.1 | 4.6 | 4.2 | 3.4 | |
Hours worked1013 |
4,456 | 3,357 | 4,973 | 6,858 | 7,032 | 7,275 | 11,306 | |
| Document | ||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-06-2026 | 2026-00194743 | |
| 31-12-2024 | abbreviated format | 19-06-2025 | 2025-00174284 | |
| 31-12-2023 | abbreviated format | 10-06-2024 | 2024-00117785 | |
| 31-12-2022 | abbreviated format | 01-06-2023 | 2023-00101826 | |
| 31-12-2021 | micro format | 07-06-2022 | 2022-20048886 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20500435 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-23400292 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,000 | €2,000 |
| 2024 | 1 | €2,000 | €2,000 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 56,836 | 95,396 | 67,885 | 86,029 | 200,363 | 282,081 | 202,659 | ||
| 46,762 | 74,623 | 52,336 | 69,906 | 158,817 | 217,743 | 168,356 | ||
| 5,777 | 371 | 68,584 | 3,439 | 39,852 | 26,536 | 154,450 | ||
| 16,644 | -22,566 | -68,320 | -279,225 | 165,666 | 182,268 | - | ||
| 79,475 | 48,577 | 65,552 | 51,958 | 371,016 | 273,238 | 103,824 | ||
| 56.8% | 44.8% | 41.4% | 29.5% | 65.5% | 60.7% | 34.6% | ||
| 2.17 | 1.59 | 1.56 | 1.32 | 3.89 | 4.48 | 2.19 | ||
| 2.10 | 1.59 | 1.56 | 1.32 | 3.89 | 4.48 | 2.19 | ||
| 0.76 | 1.23 | 1.41 | 2.39 | 0.53 | 0.65 | 1.89 | ||
| 20.9% | 57.5% | 26.2% | 33.8% | 29.0% | 60.3% | 84.5% | ||
| 11.9% | 25.8% | 10.9% | 10.0% | 19.0% | 36.6% | 29.2% | ||
| 14.74 | 15.22 | 11.38 | 17.08 | 28.64 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 3 | 5 | 5 |
| full-time | 2 | 1 | 1 | 3 | 2 |
| part-time | 2 | 2 | 2 | 2 | 3 |
| in full-time equivalents | 3.2 | 2.2 | 2.2 | 4.2 | 3.7 |
| 2.7 | 2.2 | 2.7 | 4.1 | 4.6 | |
| On a permanent contract | 4 | 3 | 3 | 5 | 4 |
| Joined | 1 | - | 1 | 6 | 5 |
| Left | 0 | - | 3 | 6 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,777 | €371 | €38,584 | €2,849 | €35,752 |
| Intangible fixed assets | - | - | €30,000 | €590 | €4,100 |
| €22,368 | €21,684 | €22,039 | €37,126 | €35,810 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 53% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total falls from 55.2% to 43.2%. Equity is higher and debt is lower.
STASSI has no parent and no holdings in its annual accounts. STASSI shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
STASSI was incorporated on 3 January 2018 by one natural person, with a starting capital of €18,600.12 The registered office was moved to Antwerp in 2024.3 The board currently has 2 members.4 Total assets fell from €345,754 in 2019 to €205,172 in 2025 and headcount from 3.4 to 2.7 full-time equivalents.5
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| De Nieuwe Vishal registered office Lange Lozanastraat 72A, 2018 Antwerp | 12-01-2018 | 2.271.670.021 | Fish shop |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11810K1630/00F000 | 100 m² | 1 · 100 m² | 16.4 m · 5 |
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