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STATCO

Active Private limited companyfounded 2014active for 11 yearsPoiel 101, 2440 GeelKBO/BCE: BE 0507.609.215 subsidiary of VCG VASTGOED

Lifetime

11 annual accounts with figures on one time axis
peak €75,393 (2015)
€8,277▲ €9,430
lowest -€3,796 (2024)
€4,691▲ €8,486
peak €59,920 (2017)
€21,921▲ 27.2%
€2,434▼ 64.0%
Board1 name since 2018
1 directorVCG VASTGOED
Owners
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from -€1,153 to €8,277Back to profit: €4,691Equity from €17,230 to €21,921Debts from €6,757 to €2,434Cash from €2,904 to €1,428

Key points

from the 2025 annual accounts

Equity

€21,921 from €59,920 in 2017

Equity fell by 63% in 8 years.

Liquidity

9.31 was 3.01 in 2024

Short-term debts fell from €6,757 to €2,434.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Five of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.

Checked score

96
Excellent
Financially stronger than 68% of micro companies in architecture and engineering (NACE 71)
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: 0.1% across 14,829 companies (NACE 71, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+3equity 90.0% of total assets
57+3short-term debt 10.0% · cash 5.9%
93+93return on assets 19.3%

Score breakdown

lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €21,921 (90.0% of total assets)
Figures for financial year 2025 (filed on 30-07-2026)
Founded in 2014
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 71, micro). It does better than 87% of them on solvency, 43% on liquidity, 68% on profitability and 72% on growth.

The bankruptcy probability was computed on 10-11-2026 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, 34,693 companies had the same profile as STATCO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of STATCO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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 34,693 companies, not a prediction for STATCO. 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 €2,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 9.31 (3.01 in 2024), above the usual 1.5. Short-term debt is 10% and cash 5.9% of total assets. 10% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Equity €21,921 (90.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-07-2026)
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
29 days late
2023
6 days early
2022
102 days early
2021
68 days early
2020
24 days late
2019
19 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 15 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 26 July (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 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

VV
Director, GRIETEN Nico
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0507609215
Change of role: VCG VASTGOED, from director, formerly manager to director Permanent representative: GRIETEN Nico · “De coördinatie van de veiligheid,engineering van beton en staalstructuren - onder meer de berekening,het…” (deed in Dutch) · General meeting of 30-08-2022 · Gazette deed
Resignation: BVBA VCG VASTGOED (manager) Permanent representative: Nico GRIETEN · General meeting of 01-01-2018 · Gazette deed
Incorporation published on 23-12-2014 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
STATCO Geel €24,355 €8,277 90.0% -
Glass Metal Services Roeselare €23,223 €8,702 -113.7% -
I-Kustik Mechelen €29,116 €9,876 62.6% -
VD engineering Rijkevorsel €22,968 €6,397 82.8% -
BerPhico Jemeppe-sur-Sambre €20,278 €10,097 68.7% -
PIERRE RUYSSEN-LIEVENS SCS Lierneux €30,159 €7,470 82.7% -
De Woningstudie Leuven €25,139 €6,202 70.1% -

These companies have the same main activity as STATCO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €20,300 and €30,200, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 19-12-2014Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.239.176.7042440 Geel, since 19-12-2014
Financial year end
31 December
Peppol
Reachable since 10-07-2025
Company details

Annual accounts 2025

≈ €40,000estimated
€24,355▲ 1.5%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on STATCO

STATCO files the abbreviated format. That format states no turnover. The gross margin fell from €75,393 in 2015 to €8,277 in 2025.

VCG VASTGOED 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 STATCO

What is the company number of STATCO?
The company number of STATCO is 0507.609.215. The VAT number is the same number with BE in front: BE 0507.609.215.
Where is STATCO based?
The registered office is at Poiel 101, 2440 Geel.Company details
What does STATCO do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of STATCO?
STATCO is a private limited company (BV).
When was STATCO founded?
STATCO was founded on 19-12-2014.
Is STATCO still active?
Yes, STATCO is an active enterprise in the KBO register.
What is the turnover of STATCO?
The turnover in financial year 2025 is ≈ €40,000. This figure is estimated from the gross margin of €8,277 and 47 comparable companies (NACE 71121). It probably lies between €26,000 and €92,000. It is a rough estimate.Financials
Is STATCO profitable?
In financial year 2025, STATCO made a profit of €4,691.
Where can I find the annual accounts of STATCO?
STATCO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of STATCO due?
STATCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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