Stella
ActiveSummary
The computed 12-month bankruptcy probability of Stella is 6.6% (elevated). The 2024 annual accounts show negative equity (-€159,196) and a net result of -€7,691. Equity is shrinking by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 18930 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability44▲+17
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.07 in 2023; short-term debt: 248.5% and cash: 4.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-154%
Return on assets
-7.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
20222324
2020 to 2024 · latest year -€159,196
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2026, 386 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
386 d late
2023
282 d late
2022
29 d late
2020
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 182 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€159,196▼ 5.1%
2023 · -€151,505
Total assets
€103,404▼ 20.4%
2023 · €129,841
Net result
-€7,691▲ 50.9%
2023 · -€15,675
Working capital
-€243,495▼ 0.7%
2023 · -€241,719
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202220232024
Operating result-€63,092--€57,088--€11,756▲ 79.4%-€2,936▲ 75.0%
Net result-€72,569below the sector's middle half--€60,238below the sector's middle half--€15,675below the sector's middle half▲ 74.0%-€7,691below the sector's middle half▲ 50.9%
Equity-€60,169below the sector's middle half--€135,831below the sector's middle half--€151,505below the sector's middle half▼ 11.5%-€159,196below the sector's middle half▼ 5.1%
Total assets€171,431within the sector's middle half-€151,711within the sector's middle half-€129,841within the sector's middle half▼ 14.4%€103,404within the sector's middle half▼ 20.4%
Debt€231,601-€287,541-€281,346▼ 2.2%€262,600▼ 6.7%
Working capital-€154,806--€231,329--€241,719▼ 4.5%-€243,495▼ 0.7%
Solvency-35.1%below the sector's middle half--89.5%below the sector's middle half--116.7%below the sector's middle half▼ 27.2pp-154.0%below the sector's middle half▼ 37.3pp
Staff (FTE)2.8within the sector's middle half-2.4-2.7▲ 12.5%2.8▲ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,936 in 2024 against €11,756 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103,404
Fixed assets
€89,931 ▼ 20.1%
Current assets
€13,474 ▼ 22.3%
Key figures and ratios
EBITDA
€19,626▲
2023 · €10,798
Cash flow
€14,871▲
2023 · €6,879
Current ratio
0.05▼
2023 · 0.07
Quick ratio
0.05▼
2023 · 0.06
Debt to equity
-1.65▲
2023 · -1.86
ROA
-7.4%▲
2023 · -12.1%
Interest coverage
4.13▲
2023 · 2.75
Debt ≤ 1 year
€256,969▼
2023 · €259,067
Debt > 1 year
€5,631▼
2023 · €22,279
Staff costs
€113,545▲
2023 · €109,165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
4.6%
went bankrupt
5.6%
stopped otherwise
88%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,570 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €85,365 | €109,165 | €113,545 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,033 | €22,296 | €22,554 | €22,562 | = |
| Other operating charges640/8 | - | €125 | €125 | €125 | = |
| Non-recurring operating charges66A | - | - | €1,240 | €1,150 | ▼ 7.3% |
| Gross operating margin9900 | €53,768 | €50,698 | €121,328 | €134,446 | ▲ 10.8% |
| Operating profit (loss)9901 | -€63,092 | -€57,088 | -€11,756 | -€2,936 | ▲ 75.0% |
| Financial income75/76B | - | €0 | €2 | €1 | ▼ 56.3% |
| Recurring financial income75 | €1 | €0 | €2 | €1 | ▼ 56.3% |
| Financial charges65/66B | - | €3,151 | €3,920 | €4,755 | ▲ 21.3% |
| Recurring financial charges65 | €9,478 | €3,151 | €3,920 | €4,755 | ▲ 21.3% |
| Profit (loss) for the period before taxes9903 | -€72,569 | -€60,238 | -€15,675 | -€7,691 | ▲ 50.9% |
| Profit (loss) for the period9904 | -€72,569 | -€60,238 | -€15,675 | -€7,691 | ▲ 50.9% |
| Profit (loss) for the period to be appropriated9905 | -€72,569 | -€60,238 | -€15,675 | -€7,691 | ▲ 50.9% |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €171,431 | €151,711 | €129,841 | €103,404 | ▼ 20.4% |
| Fixed assets21/28 | €164,717 | €134,063 | €112,493 | €89,931 | ▼ 20.1% |
| Intangible fixed assets21 | €160,000 | €120,000 | €100,000 | €80,000 | ▼ 20.0% |
| Tangible fixed assets22/27 | €4,717 | €13,013 | €11,443 | €8,881 | ▼ 22.4% |
| Plant, machinery and equipment23 | - | €11,000 | €8,778 | €6,556 | ▼ 25.3% |
| Furniture and vehicles24 | - | €2,013 | €2,665 | €2,325 | ▼ 12.8% |
| Financial fixed assets28 | - | €1,050 | €1,050 | €1,050 | = |
| Current assets29/58 | €6,714 | €17,648 | €17,348 | €13,474 | ▼ 22.3% |
| Stocks and contracts in progress3 | - | €1,690 | €1,500 | €1,021 | ▼ 31.9% |
| Stocks30/36 | - | €1,690 | €1,500 | €1,021 | ▼ 31.9% |
| Amounts receivable within one year40/41 | €5,914 | €8,662 | €3,053 | €6,444 | ▲ 111% |
| Trade receivables40 | - | €8,662 | €3,053 | €6,444 | ▲ 111% |
| Cash at bank and in hand54/58 | €99 | €6,604 | €12,517 | €4,191 | ▼ 66.5% |
| Deferred charges and accrued income490/1 | - | €692 | €278 | €1,817 | ▲ 553% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €171,431 | €151,711 | €129,841 | €103,404 | ▼ 20.4% |
| Equity10/15 | -€60,169 | -€135,831 | -€151,505 | -€159,196 | ▼ 5.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€72,569 | -€148,231 | -€163,905 | -€171,596 | ▼ 4.7% |
| Amounts payable17/49 | €231,601 | €287,541 | €281,346 | €262,600 | ▼ 6.7% |
| Amounts payable after more than one year17 | €70,080 | €38,564 | €22,279 | €5,631 | ▼ 74.7% |
| Financial debts170/4 | - | €38,564 | €22,279 | €5,631 | ▼ 74.7% |
| Amounts payable within one year42/48 | €161,521 | €248,977 | €259,067 | €256,969 | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | - | €15,931 | €16,285 | €16,648 | ▲ 2.2% |
| Financial debts43 | - | €8,060 | - | €10,006 | - |
| Credit institutions430/8 | - | €8,060 | - | €10,006 | - |
| Trade debts44 | €14,449 | €22,791 | €23,245 | €45,670 | ▲ 96.5% |
| Suppliers440/4 | - | €22,791 | €23,245 | €45,670 | ▲ 96.5% |
| Advances received on contracts in progress46 | - | - | €150 | - | - |
| Taxes, remuneration and social security45 | - | €21,203 | €21,410 | €33,277 | ▲ 55.4% |
| Taxes450/3 | - | €6,569 | €6,425 | €13,528 | ▲ 111% |
| Remuneration and social security454/9 | - | €14,634 | €14,985 | €19,749 | ▲ 31.8% |
| Other amounts payable47/48 | - | €180,993 | €197,976 | €151,368 | ▼ 23.5% |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€72,569 | -€60,238 | -€15,675 | -€7,691 | ▲ 50.9% |
| + Depreciation and write-downs630 | €45,033 | €22,296 | €22,554 | €22,562 | = |
| Operating cash flow (approximation) | -€27,536 | -€37,942 | €6,879 | €14,871 | ▲ 116% |
| Investment in fixed assets (approximation) | - | - | -€983 | €0 | ▲ 100% |
| Change in cash | - | - | €5,913 | -€8,326 | ▼ 241% |
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
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 386 days late
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 282 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Vilvoorde · 1 establishment unit since 2019
Ground area
124 m²
Building footprint
124 m²
Volume, LiDAR
920 m³
Parcel 23642D0685/00F000, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Fabbri
since 20192.284.574.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0685/00F000 | Flanders | 124 m² | 1 · 124 m² | 15.0 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVilvoorde2.284.574.484
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
Phone
0000000000Vilvoorde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0718998444
Also
9925:BE0718998444
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.