STB
ActiveSTB has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-2k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-12
Solvency18▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.7 in 2024; short-term debt: 80% and cash: 5.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.5%
Return on assets
-4.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
61 d late
2023
30 d late
2022
4 d early
2021
96 d late
2020
31 d late
2019
105 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k▼ 160%
2024 · €-1k
2018: €-10k
2019: €-9k
2020: €-10k
2021: €-6k
2022: €-5k
2023: €-4k
2024: €-1k
2018 → 2025
Total assets
€42k▼ 34.4%
2024 · €64k
2018: €29k
2019: €37k
2020: €36k
2021: €49k
2022: €41k
2023: €60k
2024: €64k
2018 → 2025
Net result
€-2k
2024 · €3k
2018: €2k
2019: €7k
2020: €5k
2021: €10k
2022: €7k
2023: €7k
2024: €3k
2018 → 2025
Working capital
€-15k▼ 7.7%
2024 · €-14k
2018: €11k
2019: €13k
2020: €10k
2021: €14k
2022: €-14k
2023: €-20k
2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€-5k▲ 13.9%€-4k▲ 16.9%€-1k▲ 72.3%€-3k▼ 160%
Operating result€16k-€12k▼ 24.7%€12k▼ 3.4%€9k▼ 25.7%€2k▼ 80.8%
Net result€10k-€7k▼ 30.1%€7k▲ 0.6%€3k▼ 54.4%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€23k▼ 23.3%
Current assets
€18k▼ 44.7%
Key figures and ratios
EBITDA
€11k▼
2024 · €19k
Cash flow
€8k▼
2024 · €14k
Solvency
-7.5%▼
2024 · -1.9%
Current ratio
0.55▼
2024 · 0.70
Quick ratio
0.55▼
2024 · 0.70
Debt / equity
-14.35▲
2024 · -53.94
ROA
-4.6%▼
2024 · 4.9%
Interest coverage
6.20▼
2024 · 9.75
Debt
€45k▼
2024 · €65k
Debt ≤ 1 year
€33k▼
2024 · €47k
Debt > 1 year
€11k▼
2024 · €17k
Income taxes
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€64k€42k▼
Fixed assets21/28€31k€23k▼
Tangible fixed assets22/27€31k€23k▼
Furniture and vehicles24€26k€20k▼
Other tangible fixed assets26€4k€4k▼
Current assets29/58€33k€18k▼
Amounts receivable within one year40/41€22k€12k▼
Trade receivables40€22k€9k▼
Other amounts receivable41€454€3k▲
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€64k€42k▼
Equity10/15€-1k€-3k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Tax-exempt reserves132€9k€9k=
Profit (loss) carried forward14€-29k€-31k▼
Amounts payable17/49€65k€45k▼
Amounts payable after more than one year17€17k€11k▼
Financial debts170/4€17k€11k▼
Amounts payable within one year42/48€47k€33k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Advances received on contracts in progress46€12k-
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€19k€15k▼
Accrued charges and deferred income492/3€403€184▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€22k€13k▼
Operating profit (loss)9901€9k€2k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€7k€-127▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€3k€-2k▼
Profit (loss) for the period to be appropriated9905€3k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-31k▼
Profit (loss) brought forward from the previous period14P€-32k€-29k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-2k ▼161%
Net result drops to €-2k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲99.1%
Operating result €16k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Manage · 1 establishment unit since 1995
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.
Rue Basse 77170 ManageGround area
720 m²
Building footprint
127 m²
Volume, LiDAR
856 m³
Parcel 52006A0141/00X000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STB
since 19952.074.044.201
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006A0141/00X000 | Wallonia | 720 m² | 1 · 127 m² | 8.7 m · 2 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.
Similar companies · same sector, comparable size
BEMOL (Bureau d'Etudes Multimédias et d'Orientations Littéraires)
BE 0439.379.811
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CARTHEA
BE 0563.661.060
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VERSLYPE
BE 0648.909.313
Deinze · Eq €184
TRUSTCO
BE 0431.918.135
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DORCO
BE 0434.213.075
Stoumont · Eq €229
Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 16 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-1991
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.