Summary
StayC Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €3.05M and a net result of €8k. Its solvency ranks better than 17% of 6156 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 6156 sector peers (2024).
NBB · sector comparisonPosition among 6156 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.05M▲ 193%
2023 · €1.04M
2023: €1.04M
2023 → 2024
Net result
€8k▼ 81.4%
2023 · €42k
2023: €42k
2023 → 2024
Total assets
€18.58M▲ 343%
2023 · €4.20M
2023: €4.20M
2023 → 2024
Solvency
16.4%▼ 8.4pp
2023 · 24.8%
2023: 24.8%
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€1.04M-€3.05M▲ 193%
Operating result€145k-€439k▲ 202%
Net result€42k-€8k▼ 81.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 202% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €18.58M
Fixed assets
€7.45M ▲ 577%
Current assets
€11.13M ▲ 259%
Equity and liabilities €18.58M
Equity
€3.05M ▲ 193%
Debt
€15.53M ▲ 392%
Debt's share of the balance-sheet total rises from 75.2% to 83.6%. Equity and debt are higher.
Key figures and ratios
ROE
0.3%▼
2023 · 4.0%
ROA
0.0%▼
2023 · 1.0%
Debt ≤ 1 year
€2.96M▲
2023 · €308k
Debt > 1 year
€12.32M▲
2023 · €2.78M
Income taxes
€2k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.20M€18.58M▲
Fixed assets21/28€1.10M€7.45M▲
Intangible fixed assets21-€23k
Financial fixed assets28€1.10M€7.43M▲
Current assets29/58€3.10M€11.13M▲
Amounts receivable within one year40/41€3.06M€10.90M▲
Trade receivables40-€839k
Other amounts receivable41€3.06M€10.06M▲
Cash at bank and in hand54/58€953€236k▲
Deferred charges and accrued income490/1€38k-
Equity and liabilities
Total equity and liabilities10/49€4.20M€18.58M▲
Equity10/15€1.04M€3.05M▲
Contributions10/11€1.00M€3.00M▲
Profit (loss) carried forward14€42k€50k▲
Amounts payable17/49€3.16M€15.53M▲
Amounts payable after more than one year17€2.78M€12.32M▲
Financial debts170/4-€12.32M
Other amounts payable178/9€2.78M-
Amounts payable within one year42/48€308k€2.96M▲
Trade debts44€1k€53k▲
Suppliers440/4€1k€53k▲
Taxes, remuneration and social security45€46k€16k▼
Taxes450/3€46k€16k▼
Other amounts payable47/48€260k€2.89M▲
Accrued charges and deferred income492/3€64k€246k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€783
Other operating charges640/8€1k€46k▲
Gross operating margin9900€146k€485k▲
Operating profit (loss)9901€145k€439k▲
Financial income75/76B€38k€206k▲
Recurring financial income75€38k€206k▲
Financial charges65/66B€128k€634k▲
Recurring financial charges65€128k€634k▲
Profit (loss) for the period before taxes9903€56k€10k▼
Income taxes67/77€14k€2k▼
Profit (loss) for the period9904€42k€8k▼
Profit (loss) for the period to be appropriated9905€42k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€50k▲
Profit (loss) brought forward from the previous period14P-€42k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €2MEq €3.05M ▲193%
2 profitable years in a row build equity to €3.05M.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Soenenspark 19051 GentGround area
4,106 m²
Building footprint
186 m²
Volume, LiDAR
1,783 m³
Parcel 44062B0081/00P002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
StayC Group
since 20222.337.986.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0081/00P002 | Flanders | 4,106 m² | 1 · 186 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 9,662 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.