STATAMAT
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 42 filings
Every figure per financial year
The operating result for 2025 is 58% lower than in 2024.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 23 | 26 | 25 | 22 | 23 |
| full-time | 23 | 23 | 23 | 19 | 17 |
| part-time | 0 | 3 | 2 | 3 | 6 |
| in full-time equivalents | 23 | 25.4 | 24.6 | 21.5 | 22.1 |
| Average over the year, in full-time equivalents | 23.3 | 24.4 | 25.9 | 22.1 | 22.7 |
| On a permanent contract | 23 | 26 | 24 | 22 | 23 |
| Joined | 7 | 18 | 7 | 4 | 5 |
| Left | 7 | 15 | 8 | 7 | 4 |
| Agency workers, average number | 0.9 | 0.7 | - | 0.2 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €90,917 | €137,139 | - | - | - |
| Debts guaranteed by Belgian public bodies | €60,055 | €23,410 | - | - | - |
| Pledge on the business | €86,763 | €86,763 | - | - | - |
| Carrying value of the other pledged assets | €165,000 | €165,000 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €27,870 | €6,326 | €6,490 | €8,898 | €33,391 |
| Intangible fixed assets | - | €20,000 | - | - | €86,630 |
| Depreciation and write-downs of the year | €17,841 | €18,820 | €19,913 | €19,490 | €15,965 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €5,000 | €5,500 | €8,700 | €9,040 | €11,150 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2025 · 1 entry · €1,428 awarded · €1,418 paidPublic contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €2.9m | €3.2m | €2.9m | €3.3m | €3.6m | €3.7m | ▲ 1.9% |
| Turnover70 | €2.8m | €2.9m | €2.9m | €3.2m | €2.9m | €3.3m | €3.5m | €3.5m | ▼ 0.4% |
| Other operating income74 | - | - | €0.04m | €0.03m | €0.03m | €0.02m | €0.03m | €0.04m | ▲ 7.2% |
| Non-recurring operating income76A | - | - | - | - | - | €0.004m | €0.04m | €0.1m | ▲ 191% |
| Operating charges60/66A | - | - | €2.8m | €3.3m | €3.4m | €3.3m | €3.4m | €3.6m | ▲ 5.6% |
| Goods for resale, raw materials and consumables60 | - | - | €1.1m | €1.2m | €1.2m | €1.0m | €1.1m | €1.1m | ▲ 2.0% |
| Purchases600/8 | - | - | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | €0.9m | ▼ 20.1% |
| Change in stocks: decrease (increase)609 | - | - | -€0.05m | -€0.04m | €0.08m | -€0.2m | -€0.03m | €0.2m | - |
| Services and other goods61 | - | - | €0.5m | €0.6m | €0.6m | €0.7m | €0.6m | €0.7m | ▲ 16.6% |
| Remuneration, social security and pensions62 | - | - | €1.3m | €1.5m | €1.6m | €1.7m | €1.6m | €1.6m | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€0.06m | €0.004m | €0 | -€0.02m | €0.1m | €0.06m | ▼ 36.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | €0.009m | €0 | €0.09m | - |
| Other operating charges640/8 | - | - | €0.07m | €0.006m | €0.008m | €0.03m | €0.02m | €0.008m | ▼ 57.4% |
| Non-recurring operating charges66A | - | - | €0.004m | €0.002m | €370 | €0 | €0.02m | €0 | ▼ 100% |
| Operating profit (loss)9901 | €0.2m | €0.02m | €0.08m | -€0.08m | -€0.5m | -€0.08m | €0.2m | €0.09m | ▼ 57.6% |
| Financial income75/76B | - | - | €0.001m | €0.02m | €0.01m | €0.03m | €0.01m | €0.004m | ▼ 69.2% |
| Recurring financial income75 | €0.01m | €0.05m | €0.001m | €0.02m | €0.01m | €0.03m | €0.01m | €0.004m | ▼ 69.2% |
| Income from financial fixed assets750 | - | - | €0.001m | €0 | - | €0.005m | €0.001m | €0.001m | ▲ 71.6% |
| Income from current assets751 | - | - | €0 | - | - | - | €374 | €0 | ▼ 100% |
| Other financial income752/9 | - | - | €269 | €0.02m | €0.01m | €0.02m | €0.01m | €0.003m | ▼ 76.7% |
| Financial charges65/66B | - | - | €0.02m | €0.02m | €0.1m | €0.2m | €0.04m | €0.03m | ▼ 8.9% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.1m | €0.2m | €0.04m | €0.03m | ▼ 8.9% |
| Debt charges650 | €0.006m | €0.009m | €0.02m | €0.02m | €0.02m | €0.05m | €0.04m | €0.05m | ▲ 50.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €0.07m | €0.07m | -€0.01m | -€0.1m | ▼ 1,173% |
| Other financial charges652/9 | - | - | €0.006m | €0.004m | €0.007m | €0.1m | €0.01m | €0.1m | ▲ 798% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.05m | €0.05m | -€0.08m | -€0.6m | -€0.3m | €0.2m | €0.06m | ▼ 68.4% |
| Income taxes67/77 | €0.07m | €0.03m | €0.03m | €0.002m | €0.001m | €96 | €0.001m | -€238 | - |
| Taxes670/3 | - | - | €0.03m | €0.002m | €0.001m | €96 | €0.001m | €442 | ▼ 36.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | - | €0.001m | - |
| Profit (loss) for the period9904 | €0.1m | €0.03m | €0.03m | -€0.08m | -€0.6m | -€0.3m | €0.2m | €0.06m | ▼ 68.1% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.03m | €0.03m | -€0.08m | -€0.6m | -€0.3m | €0.2m | €0.06m | ▼ 68.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.3m | €1.5m | €1.6m | €1.3m | €1.6m | €1.4m | €1.4m | ▲ 0.4% |
| Fixed assets21/28 | €0.07m | €0.08m | €0.08m | €0.1m | €0.09m | €0.08m | €0.05m | €0.1m | ▲ 210% |
| Intangible fixed assets21 | €0.002m | €0.002m | €0.007m | €0.005m | €0.02m | €0.02m | €0 | €0.08m | - |
| Tangible fixed assets22/27 | €0.06m | €0.04m | €0.04m | €0.05m | €0.04m | €0.03m | €0.03m | €0.05m | ▲ 66.6% |
| Plant, machinery and equipment23 | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.006m | €0.003m | ▼ 51.5% |
| Furniture and vehicles24 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | ▲ 114% |
| Other tangible fixed assets26 | - | - | €0.002m | €0.006m | €0.005m | €0.003m | €0.002m | €266 | ▼ 84.8% |
| Financial fixed assets28 | €0.01m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 42.1% |
| Other financial fixed assets284/8 | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 42.1% |
| Amounts receivable and cash guarantees285/8 | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | €0.01m | ▼ 42.1% |
| Current assets29/58 | €1.0m | €1.3m | €1.4m | €1.5m | €1.2m | €1.5m | €1.4m | €1.3m | ▼ 6.8% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | €0.3m | ▼ 44.8% |
| Stocks30/36 | - | - | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | €0.3m | ▼ 44.8% |
| Goods purchased for resale34 | - | - | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | €0.3m | ▼ 44.8% |
| Amounts receivable within one year40/41 | €0.6m | €0.9m | €0.9m | €1.0m | €0.8m | €1.0m | €0.6m | €0.7m | ▲ 26.0% |
| Trade receivables40 | - | - | €0.7m | €0.8m | €0.7m | €0.9m | €0.5m | €0.7m | ▲ 43.1% |
| Other amounts receivable41 | - | - | €0.1m | €0.2m | €0.1m | €0.08m | €0.07m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.1m | €0.07m | €0.1m | €0.07m | €476 | €0.002m | €0.3m | €0.3m | ▼ 12.5% |
| Deferred charges and accrued income490/1 | - | - | €0.02m | €0.02m | €0.02m | €0.008m | €0.01m | €0.01m | ▲ 26.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.5m | €1.6m | €1.3m | €1.6m | €1.4m | €1.4m | ▲ 0.4% |
| Equity10/15 | €0.4m | €0.4m | €0.4m | €0.4m | -€0.2m | -€0.5m | €0.05m | €0.1m | ▲ 114% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.5m | €0.5m | = |
| Capital10 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.5m | €0.5m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.2m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | €0.3m | €0.2m | €0 | - | - | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€0.4m | -€0.7m | -€0.5m | -€0.4m | ▲ 12.0% |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.009m | €0.009m | €0.1m | ▲ 981% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.009m | €0.009m | €0.1m | ▲ 981% |
| Other liabilities and charges164/5 | - | - | - | - | - | €0.009m | €0.009m | €0.1m | ▲ 981% |
| Amounts payable17/49 | €0.7m | €0.9m | €1.0m | €1.2m | €1.5m | €2.1m | €1.3m | €1.2m | ▼ 10.6% |
| Amounts payable within one year42/48 | €0.7m | €0.9m | €1.0m | €1.2m | €1.5m | €2.1m | €1.3m | €1.2m | ▼ 10.6% |
| Financial debts43 | - | - | €0.1m | €0.2m | €0.1m | €0.01m | €0 | - | - |
| Credit institutions430/8 | - | - | €0.1m | €0.2m | €0.1m | €0.01m | €0 | - | - |
| Trade debts44 | €0.1m | €0.3m | €0.2m | €0.3m | €0.6m | €0.9m | €0.3m | €0.3m | ▲ 9.9% |
| Suppliers440/4 | - | - | €0.2m | €0.3m | €0.6m | €0.9m | €0.3m | €0.3m | ▲ 9.9% |
| Taxes, remuneration and social security45 | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.2m | €0.2m | ▲ 15.4% |
| Taxes450/3 | - | - | €0.08m | €0.08m | €0.09m | €0.2m | €0.05m | €0.05m | ▼ 15.7% |
| Remuneration and social security454/9 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 28.8% |
| Other amounts payable47/48 | - | - | €0.4m | €0.5m | €0.5m | €0.8m | €0.8m | €0.7m | ▼ 23.5% |
| Accrued charges and deferred income492/3 | - | - | €0.006m | €0.01m | €0.01m | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,552 | €26,971 | €27,795 | -€79,798 | -€597,885 | -€265,520 | €182,742 | €58,209 | ▼ 68.1% |
| + Depreciation and write-downs630 | €16,599 | €15,176 | €14,689 | €17,841 | €18,820 | €19,913 | €19,490 | €15,965 | ▼ 18.1% |
| Operating cash flow (approximation) | €122,151 | €42,147 | €42,484 | -€61,958 | -€579,065 | -€245,606 | €202,232 | €74,174 | ▼ 63.3% |
| Investment in fixed assets (approximation) | - | -€24,522 | -€17,350 | -€32,205 | -€14,326 | -€6,490 | €13,286 | -€112,776 | - |
| Change in cash | - | -€66,846 | €54,688 | -€54,159 | -€70,899 | €1,357 | €285,145 | -€35,736 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,217 companies had the same profile as STATAMAT has now. Two years later, 96.0% were still going and 1.5% had gone bankrupt.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of STATAMAT itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 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 1,217 companies, not a prediction for STATAMAT. 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.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00389114 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00337830 | |
| 31-12-2023 | full format | 19-07-2024 | 2024-00262531 | |
| 31-12-2022 | full format | 19-07-2024 | 2024-00262529 | |
| 31-12-2021 | full format | 12-10-2022 | 2022-20459964 | |
| 31-12-2020 | full format | 29-04-2022 | 2022-20012652 | |
| 31-12-2019 | full format | 23-11-2020 | 2020-71700399 | |
| 31-12-2018 | full format | 08-07-2019 | 2019-30600273 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41000532 | |
| 31-12-2016 | full format | 27-07-2017 | 2017-35900342 |