Equity
STIKSEL has made a profit in every financial year since 2023.
STIKSEL has made a profit in every financial year since 2023.
The micro format states no turnover.
Of this, €157,493 falls due within a year.
In 2025, 6 people joined and 5 left.
Higher gross margin than 80% of companies in textiles. Sector median €36,764 · 289 companies.
In July 2024, 2,542 companies had the same profile as STIKSEL has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,542 companies, not a prediction for STIKSEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| STIKSEL Pajottegem | €222,260 | €148,868 | 10.4% | - |
| A-Impression Stavelot | €203,994 | €143,338 | 26.0% | - |
| INKER Nazareth | €196,507 | €158,290 | 8.5% | 2.8 |
| PUBLIFRAN Dilbeek | €217,506 | €86,074 | 93.5% | - |
| Mr-Print.be Staden | €393,811 | €180,810 | 8.6% | - |
| J'imprime comme Jm Tournai | €381,049 | €197,772 | 26.1% | - |
| MBSolution Printing Tintigny | €162,739 | €62,530 | 54.2% | - |
These companies have the same main activity as STIKSEL: finishing of textiles (NACE 13300). They are comparable in size and age: total assets between €163,000 and €394,000, founded between 2021 and 2023.
STIKSEL files the micro format. That format states no turnover. The gross margin rose from €61,541 in 2023 to €148,868 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €250,000 and €580,000.
Higher than 22% of 289 companies in 2025.
Higher than 23% of 275 companies in 2025.
Higher than 38% of 280 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 6 people joined and 5 left.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
222,260 | 274,921 | 181,947 | |
21/28 |
87,751 | 114,988 | 82,698 | |
21 |
41,632 | 52,707 | 27,710 | |
22/27 |
46,119 | 62,280 | 54,987 | |
23 |
30,635 | 45,886 | 54,987 | |
26 |
15,484 | 16,394 | - | |
29/58 |
134,509 | 159,934 | 99,250 | |
3 |
10,350 | 16,282 | 18,887 | |
30/36 |
10,350 | 16,282 | 18,887 | |
40/41 |
64,720 | 111,573 | 50,239 | |
40 |
61,740 | 92,357 | 44,666 | |
41 |
2,979 | 19,216 | 5,574 | |
54/58 |
56,867 | 28,085 | 29,656 | |
490/1 |
2,572 | 3,993 | 468 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
222,260 | 274,921 | 181,947 | |
10/15 |
23,144 | 21,615 | 18,890 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
18,144 | 16,615 | 13,890 | |
17/49 |
199,116 | 253,307 | 163,058 | |
17 |
41,623 | 61,643 | 36,944 | |
170/4 |
41,623 | 61,643 | 36,944 | |
42/48 |
157,493 | 191,664 | 83,613 | |
42 |
20,700 | 20,884 | 9,301 | |
44 |
33,904 | 51,046 | 60,608 | |
440/4 |
33,904 | 51,046 | 60,608 | |
45 |
21,511 | 9,356 | 10,214 | |
450/3 |
2,199 | - | 3,151 | |
454/9 |
19,313 | 9,356 | 7,064 | |
47/48 |
81,378 | 110,378 | 3,490 | |
492/3 |
- | - | 42,500 | |
| Income statement | ||||
9900 |
148,868 | 120,213 | 61,541 | |
62 |
108,478 | 83,759 | 33,525 | |
630 |
28,131 | 25,067 | 8,207 | |
640/8 |
165 | 197 | 348 | |
9901 |
12,095 | 11,190 | 19,462 | |
75/76B |
41 | 0 | - | |
75 |
41 | 0 | - | |
65/66B |
7,586 | 7,327 | 2,421 | |
65 |
7,586 | 7,327 | 2,421 | |
9903 |
4,550 | 3,864 | 17,040 | |
67/77 |
3,021 | 1,139 | 3,151 | |
9904 |
1,529 | 2,725 | 13,890 | |
9905 |
1,529 | 2,725 | 13,890 | |
| Appropriation of the result | ||||
9906 |
18,144 | 16,615 | 13,890 | |
14P |
16,615 | 13,890 | - | |
| Social balance sheet | ||||
9087 |
2.5 | 2 | 0.8 | |
Hours worked1013 |
4,443 | 3,540 | 1,444 | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 40,226 | 36,257 | 27,669 | ||
| 29,660 | 27,792 | 22,096 | ||
| 894 | 57,357 | 90,905 | ||
| 28,783 | -1,571 | - | ||
| -22,984 | -31,730 | 15,636 | ||
| 10.4% | 7.9% | 10.4% | ||
| 0.85 | 0.83 | 1.19 | ||
| 0.79 | 0.75 | 0.96 | ||
| 8.60 | 11.72 | 8.63 | ||
| 6.6% | 12.6% | 73.5% | ||
| 0.7% | 1.0% | 7.6% | ||
| 5.30 | 4.95 | 11.43 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 |
| full-time | 2 | 2 | 2 |
| part-time | 1 | - | - |
| in full-time equivalents | 2.8 | 2 | 2 |
| 2.5 | 2 | 0.8 | |
| On a permanent contract | 3 | 2 | 2 |
| Joined | 6 | - | 2 |
| Left | 5 | - | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €894 | €23,409 | €60,905 |
| Intangible fixed assets | - | €33,948 | €30,000 |
| €28,131 | €25,067 | €8,207 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 8% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 92.1% to 89.6%. Equity is higher and debt is lower.
Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.
| GustGeva
registered office since 23-09-2024 |
founded in 2024 1013.908.138 |
| VERENIGING VAN MEDEEIGENAARS RESIDENTIE MOLENSTRAAT 3A, TE 1755 GOOIK, MOLENSTRAAT 3A
registered office since 06-10-1994 |
founded in 1994 0843.598.013 |
via , no longer at · Director · deed of 25-03-2021 founded in 2021 |
total assets €78,702 (2025) |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oude Molenstraat 3A registered office 1755 Pajottegem | 30-03-2023 | 2.343.525.839 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23040B0371/00L003 | 132 m² | 1 · 150 m² | 12.9 m · 3 |
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