STIGUR
ActiveSummary
The computed 12-month bankruptcy probability of STIGUR is 3.8% (moderate). The 2025 annual accounts show negative equity (-€3,687) and a net result of €553. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 453 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency0=
Growth78=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.56 in 2024; short-term debt: 141.2% and cash: 50.8% 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○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
-44.9%
Return on assets
6.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 453 sector peers (2025).
NBB · sector comparisonPosition among 453 sector peers
Solvency
better than 9%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
56 d early
2023
54 d early
2022
52 d early
2021
61 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€3,687▲ 13.1%
2024 · -€4,240
Total assets
€8,210▲ 56.6%
2024 · €5,243
Net result
€553▼ 85.3%
2024 · €3,756
Working capital
-€6,822▼ 109%
2024 · -€3,262
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related 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
Line20212022202320242025
Operating result-€9,644--€3,488▲ 63.8%€1,559€3,902▲ 150%€585▼ 85.0%
Net result-€9,703below the sector's middle half--€3,670below the sector's middle half▲ 62.2%€1,377within the sector's middle half€3,756within the sector's middle half▲ 173%€553within the sector's middle half▼ 85.3%
Equity-€5,703below the sector's middle half--€9,373below the sector's middle half▼ 64.3%-€7,996below the sector's middle half▲ 14.7%-€4,240below the sector's middle half▲ 47.0%-€3,687below the sector's middle half▲ 13.1%
Total assets€13,752below the sector's middle half-€8,070below the sector's middle half▼ 41.3%€2,549below the sector's middle half▼ 68.4%€5,243below the sector's middle half▲ 106%€8,210below the sector's middle half▲ 56.6%
Debt€19,455-€17,443▼ 10.3%€10,545▼ 39.5%€9,483▼ 10.1%€11,897▲ 25.4%
Working capital-€4,694below the sector's middle half--€8,561below the sector's middle half▼ 82.4%-€4,322below the sector's middle half▲ 49.5%-€3,262below the sector's middle half▲ 24.5%-€6,822below the sector's middle half▼ 109%
Solvency-41.5%below the sector's middle half--116.1%below the sector's middle half▼ 74.7pp-80.9%below the sector's middle half-44.9%below the sector's middle half▲ 36.0pp
Current ratio0.59below the sector's middle half-0.25below the sector's middle half▼ 0.340.56below the sector's middle half0.41below the sector's middle half▼ 0.15
Return on assets (ROA)-70.6%below the sector's middle half--45.5%below the sector's middle half▲ 25.1pp71.6%above the sector's middle half6.7%within the sector's middle half▼ 64.9pp
above
within
below
the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related 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 falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8,210
Fixed assets
€3,435 ▲ 223%
Current assets
€4,775 ▲ 14.2%
Key figures and ratios
EBITDA
€957▼
2024 · €3,913
Cash flow
€925▼
2024 · €3,767
Debt to equity
-3.23▼
2024 · -2.24
Interest coverage
30.55▲
2024 · 26.32
Debt ≤ 1 year
€11,597▲
2024 · €7,443
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 2,178 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,610 | €1,782 | €295 | €11 | €372 | ▲ 3,260% |
| Other operating charges640/8 | €50 | €1,093 | €132 | €141 | €144 | ▲ 2.6% |
| Gross operating margin9900 | -€7,984 | -€613 | €1,986 | €4,053 | €1,101 | ▼ 72.8% |
| Operating profit (loss)9901 | -€9,644 | -€3,488 | €1,559 | €3,902 | €585 | ▼ 85.0% |
| Financial income75/76B | - | - | - | €3 | - | - |
| Recurring financial income75 | - | - | - | €3 | - | - |
| Financial charges65/66B | €59 | €182 | €182 | €149 | €31 | ▼ 78.9% |
| Recurring financial charges65 | €59 | €182 | €182 | €149 | €31 | ▼ 78.9% |
| Profit (loss) for the period before taxes9903 | -€9,703 | -€3,670 | €1,377 | €3,756 | €553 | ▼ 85.3% |
| Profit (loss) for the period9904 | -€9,703 | -€3,670 | €1,377 | €3,756 | €553 | ▼ 85.3% |
| Profit (loss) for the period to be appropriated9905 | -€9,703 | -€3,670 | €1,377 | €3,756 | €553 | ▼ 85.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,752 | €8,070 | €2,549 | €5,243 | €8,210 | ▲ 56.6% |
| Fixed assets21/28 | €7,031 | €5,248 | €385 | €1,062 | €3,435 | ▲ 223% |
| Tangible fixed assets22/27 | €7,031 | €5,248 | €385 | €1,062 | €3,435 | ▲ 223% |
| Plant, machinery and equipment23 | €976 | €680 | €385 | - | - | - |
| Furniture and vehicles24 | €6,055 | €4,568 | - | €1,062 | €3,435 | ▲ 223% |
| Current assets29/58 | €6,721 | €2,822 | €2,164 | €4,181 | €4,775 | ▲ 14.2% |
| Stocks and contracts in progress3 | €2,366 | €2,288 | €1,894 | - | - | - |
| Stocks30/36 | €2,366 | €2,288 | €1,894 | - | - | - |
| Amounts receivable within one year40/41 | €622 | - | - | €1,950 | - | - |
| Trade receivables40 | - | - | - | €1,950 | - | - |
| Other amounts receivable41 | €622 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,733 | €534 | €269 | €2,232 | €4,172 | ▲ 87.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €603 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,752 | €8,070 | €2,549 | €5,243 | €8,210 | ▲ 56.6% |
| Equity10/15 | -€5,703 | -€9,373 | -€7,996 | -€4,240 | -€3,687 | ▲ 13.1% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€9,703 | -€13,373 | -€11,996 | -€8,240 | -€7,687 | ▲ 6.7% |
| Amounts payable17/49 | €19,455 | €17,443 | €10,545 | €9,483 | €11,897 | ▲ 25.4% |
| Amounts payable after more than one year17 | €8,040 | €6,060 | €4,060 | €2,040 | - | - |
| Financial debts170/4 | €8,040 | €6,060 | €4,060 | €2,040 | - | - |
| Amounts payable within one year42/48 | €11,415 | €11,383 | €6,485 | €7,443 | €11,597 | ▲ 55.8% |
| Current portion of amounts payable after more than one year42 | €1,960 | €1,980 | €2,000 | €2,020 | €2,040 | ▲ 1.0% |
| Trade debts44 | €372 | - | - | €520 | €1,937 | ▲ 272% |
| Suppliers440/4 | €372 | - | - | €520 | €1,937 | ▲ 272% |
| Advances received on contracts in progress46 | €85 | - | - | - | - | - |
| Other amounts payable47/48 | €8,998 | €9,403 | €4,485 | €4,903 | €7,620 | ▲ 55.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €300 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,703 | -€3,670 | €1,377 | €3,756 | €553 | ▼ 85.3% |
| + Depreciation and write-downs630 | €1,610 | €1,782 | €295 | €11 | €372 | ▲ 3,260% |
| Operating cash flow (approximation) | -€8,093 | -€1,887 | €1,672 | €3,767 | €925 | ▼ 75.4% |
| Investment in fixed assets (approximation) | - | €0 | €4,568 | -€688 | -€2,745 | ▼ 299% |
| Change in cash | - | -€3,200 | -€264 | €1,962 | €1,941 | ▼ 1.1% |
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
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €3,756 ▲173%
Operating result €3,902, net result €3,756, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1,377
Net result €1,377 after 2 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Evergem · 1 establishment unit since 2021
Ground area
985 m²
Building footprint
250 m²
Volume, LiDAR
996 m³
Parcel 43006C0349/00B002, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
STIGUR
since 20212.313.244.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006C0349/00B002 | Flanders | 985 m² | 1 · 250 m² | 5.5 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.
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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 1,843 companies in sector 79901 we hold annual accounts for 146. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
79901Tourist information services
46499Wholesale of other household goods
47511Retail trade
59120Post-production of films, video and television programmes
73110Advertising agencies
Contact
Website
www.stigur.be
E-mail
moretrails@stigur.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761660034
Also
9925:BE0761660034
Registered
10-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.