STATIC
ActiveSummary
STATIC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,379 and a net result of €27,324. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 35% of 2202 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75=
Solvency50▼-50
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 7.12 in 2024; short-term debt: 75.3% and cash: 25.7% of total assets), and 75.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
on the day
2022
on the day
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close26-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€142,379▼ 72.1%
2024 · €509,626
Total assets
€575,717▼ 1.4%
2024 · €583,966
Net result
€27,324▼ 8.0%
2024 · €29,712
Working capital
€64,607▼ 85.4%
2024 · €441,122
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,141▼ 60.9%€20,595▲ 84.9%-€86€40,682€33,767▼ 17.0%
Net result€9,441▼ 34.8%€10,829▲ 14.7%-€6,115€29,712€27,324▼ 8.0%
Equity€475,200▲ 2.0%€486,029▲ 2.3%€479,914▼ 1.3%€509,626▲ 6.2%€142,379▼ 72.1%
Total assets€926,811▲ 7.3%€631,689▼ 31.8%€579,059▼ 8.3%€583,966▲ 0.8%€575,717▼ 1.4%
Debt€451,611▲ 13.5%€145,661▼ 67.7%€99,145▼ 31.9%€74,339▼ 25.0%€433,339▲ 483%
Working capital€461,627▲ 3.4%€472,729▲ 2.4%€482,500▲ 2.1%€441,122▼ 8.6%€64,607▼ 85.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €575,717
Fixed assets
€77,772 ▲ 9.8%
Current assets
€497,946 ▼ 3.0%
Equity and liabilities €575,717
Equity
€142,379 ▼ 72.1%
Debt
€433,339 ▲ 483%
Debt's share of the balance-sheet total rises from 12.7% to 75.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57,207▼
2024 · €64,624
Cash flow
€50,764▼
2024 · €53,654
Current ratio
1.15▼
2024 · 7.12
Debt to equity
3.04▲
2024 · 0.15
ROE
19.2%▲
2024 · 5.8%
ROA
4.7%▼
2024 · 5.1%
Interest coverage
107.89▲
2024 · 48.20
Debt ≤ 1 year
€433,339▲
2024 · €72,038
Income taxes
€14,068▲
2024 · €12,757
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,527 | €26,499 | €21,738 | €23,942 | €23,440 | ▼ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€4,236 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €2,371 | €2,461 | €11,381 | €2,566 | ▼ 77.5% |
| Gross operating margin9900 | €45,566 | €49,464 | €24,113 | €71,768 | €59,773 | ▼ 16.7% |
| Operating profit (loss)9901 | €11,141 | €20,595 | -€86 | €40,682 | €33,767 | ▼ 17.0% |
| Financial income75/76B | - | €55 | €907 | €3,128 | €8,155 | ▲ 161% |
| Recurring financial income75 | €1,431 | €55 | €907 | €3,128 | €8,155 | ▲ 161% |
| Financial charges65/66B | - | €3,485 | €2,264 | €1,341 | €530 | ▼ 60.5% |
| Recurring financial charges65 | €2,601 | €3,485 | €2,264 | €1,341 | €530 | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €9,971 | €17,164 | -€1,443 | €42,469 | €41,392 | ▼ 2.5% |
| Income taxes67/77 | €530 | €6,335 | €4,671 | €12,757 | €14,068 | ▲ 10.3% |
| Profit (loss) for the period9904 | €9,441 | €10,829 | -€6,115 | €29,712 | €27,324 | ▼ 8.0% |
| Transfer from tax-exempt reserves789 | - | - | €32,840 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,441 | €10,829 | €26,725 | €29,712 | €27,324 | ▼ 8.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €926,811 | €631,689 | €579,059 | €583,966 | €575,717 | ▼ 1.4% |
| Fixed assets21/28 | €59,823 | €48,924 | €22,486 | €70,805 | €77,772 | ▲ 9.8% |
| Tangible fixed assets22/27 | €58,443 | €47,544 | €21,106 | €69,425 | €77,772 | ▲ 12.0% |
| Plant, machinery and equipment23 | - | €8,970 | €174 | €0 | €1,548 | - |
| Furniture and vehicles24 | - | €38,574 | €20,933 | €69,425 | €49,125 | ▼ 29.2% |
| Other tangible fixed assets26 | - | - | - | - | €27,098 | - |
| Financial fixed assets28 | €1,380 | €1,380 | €1,380 | €1,380 | €0 | ▼ 100% |
| Current assets29/58 | €866,988 | €582,765 | €556,572 | €513,161 | €497,946 | ▼ 3.0% |
| Amounts receivable after more than one year29 | - | - | - | €200,000 | €200,000 | = |
| Other amounts receivable291 | - | - | - | €200,000 | €200,000 | = |
| Amounts receivable within one year40/41 | €562,645 | €373,200 | €218,761 | €222,715 | €139,661 | ▼ 37.3% |
| Trade receivables40 | - | €357,526 | €205,707 | €200,393 | €120,933 | ▼ 39.7% |
| Other amounts receivable41 | - | €15,675 | €13,054 | €22,321 | €18,728 | ▼ 16.1% |
| Cash at bank and in hand54/58 | €301,889 | €207,361 | €333,939 | €85,301 | €148,003 | ▲ 73.5% |
| Deferred charges and accrued income490/1 | - | €2,204 | €3,873 | €5,146 | €10,282 | ▲ 99.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €926,811 | €631,689 | €579,059 | €583,966 | €575,717 | ▼ 1.4% |
| Equity10/15 | €475,200 | €486,029 | €479,914 | €509,626 | €142,379 | ▼ 72.1% |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €450,200 | €461,029 | €454,914 | €484,626 | €117,379 | ▼ 75.8% |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €0 | - | - |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €0 | - | - |
| Tax-exempt reserves132 | - | €32,840 | €0 | - | - | - |
| Distributable reserves133 | - | €425,689 | €452,414 | €484,626 | €117,379 | ▼ 75.8% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €451,611 | €145,661 | €99,145 | €74,339 | €433,339 | ▲ 483% |
| Amounts payable after more than one year17 | €46,250 | €35,625 | €25,000 | €0 | - | - |
| Financial debts170/4 | - | €35,625 | €25,000 | €0 | - | - |
| Amounts payable within one year42/48 | €405,361 | €110,036 | €74,072 | €72,038 | €433,339 | ▲ 502% |
| Current portion of amounts payable after more than one year42 | - | €10,625 | €10,625 | €0 | - | - |
| Trade debts44 | €373,987 | €87,106 | €52,504 | €63,338 | €30,827 | ▼ 51.3% |
| Suppliers440/4 | - | €87,106 | €52,504 | €63,338 | €30,827 | ▼ 51.3% |
| Taxes, remuneration and social security45 | - | €6,888 | €3,008 | €3,203 | €3,017 | ▼ 5.8% |
| Taxes450/3 | - | €6,888 | €3,008 | €3,203 | €3,017 | ▼ 5.8% |
| Other amounts payable47/48 | - | €5,417 | €7,935 | €5,497 | €399,494 | ▲ 7,167% |
| Accrued charges and deferred income492/3 | - | - | €72 | €2,301 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,441 | €10,829 | -€6,115 | €29,712 | €27,324 | ▼ 8.0% |
| + Depreciation and write-downs630 | €29,527 | €26,499 | €21,738 | €23,942 | €23,440 | ▼ 2.1% |
| Operating cash flow (approximation) | €38,968 | €37,327 | €15,624 | €53,654 | €50,764 | ▼ 5.4% |
| Investment in fixed assets (approximation) | - | -€15,600 | €4,700 | -€72,260 | -€30,406 | ▲ 57.9% |
| Change in cash | - | -€94,528 | €126,577 | -€248,638 | €62,702 | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €29,712
Net result €29,712 after one loss-making year.
31-03
Financial
Equity above €500,000Eq €509,626 ▲6.2%
Equity rises from €479,914 to €509,626.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€6,115
Net result drops to -€6,115, the lowest in the series; recovery starts the following year.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Liquidity doublescurrent ratio 5.30
Current ratio from 2.14 to 5.30; short-term debt falls from €405,361 to €110,036.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
03-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2016
18-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Denderleeuw · 1 establishment unit since 2005
Ground area
1,533 m²
Building footprint
221 m²
Volume, LiDAR
1,000 m³
Parcel 41030B0100/00V000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Static
since 20052.148.693.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41030B0100/00V000 | Flanders | 1,533 m² | 1 · 221 m² | 7.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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IMMOCOR
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 12,731 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-05-2005
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
31009Manufacture of furniture
41003General construction of other non-residential buildings
43990Other specialised construction activities
Contact
Phone
0498/879905Denderleeuw
Scores and ratios are computed by Checked and are not a credit decision.