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STILL

Active
Private limited companyfounded 198540 yrs activeDijkstraat 8, 3910 Pelt, BelgiumKBO/BCE: BE 0428.071.292
Summary

STILL has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1,189 and a net result of €4,326. Equity is shrinking by ~8.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 15% of 1411 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability36▲+1
Solvency29▲+14
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
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 2024
Solvency, return and age of the figures
Solvency
3.7%
Return on assets
13.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1411 sector peers (2024).
NBB · sector comparison
Position among 1411 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
36 d early
2022
34 d early
2021
34 d early
2020
58 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

STILL was incorporated on 4 November 1985.1 Total assets fell from EUR 70,183 in 2018 to EUR 31,916 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€1,189
2023 · -€3,136
Total assets
€31,916▲ 0.2%
2023 · €31,858
Net result
€4,326▲ 5.6%
2023 · €4,094
Working capital
-€295▲ 94.4%
2023 · -€5,244
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€6,036▲ 61.9%-€4,190▲ 30.6%-€6,904▼ 64.8%-€2,113▲ 69.4%-€1,484▲ 29.7%
Net result-€1,508▲ 87.2%€580-€1,985€4,094€4,326▲ 5.6%
Equity-€5,826▼ 34.9%-€5,246▲ 10.0%-€7,231▼ 37.8%-€3,136▲ 56.6%€1,189
Total assets€40,438▼ 11.7%€39,852▼ 1.5%€32,880▼ 17.5%€31,858▼ 3.1%€31,916▲ 0.2%
Debt€46,264▼ 7.7%€45,098▼ 2.5%€40,110▼ 11.1%€34,995▼ 12.8%€30,727▼ 12.2%
Working capital-€17,095▲ 22.9%-€12,480▲ 27.0%-€9,961▲ 20.2%-€5,244▲ 47.4%-€295▲ 94.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2020: -€6,036-€6,036Net result 2020: -€1,508-€1,508Operating result 2021: -€4,190-€4,190Net result 2021: €580€580Operating result 2022: -€6,904-€6,904Net result 2022: -€1,985-€1,985Operating result 2023: -€2,113-€2,113Net result 2023: €4,094€4,094Operating result 2024: -€1,484-€1,484Net result 2024: €4,326€4,32620202021202220232024-€10,000-€5,000€0€5,000Operating result 2022: -€6,904-€6,900Net result 2022: -€1,985-€1,980Operating result 2023: -€2,113-€2,110Net result 2023: €4,094€4,090Operating result 2024: -€1,484-€1,480Net result 2024: €4,326€4,330202220232024
The operating result stays negative: a loss of €1,484 in 2024 against €2,113 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31,916
Fixed assets €26,484 ▼ 2.3%
Current assets €5,432 ▲ 14.3%
Equity and liabilities €31,916
Equity €1,189
Debt €30,727
Debt finances 96.3% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€861▲
2023 · -€1,489
Cash flow
€4,949▲
2023 · €4,718
Current ratio
0.95▲
2023 · 0.48
Debt to equity
25.84▲
2023 · -11.16
ROE
363.7%
ROA
13.6%▲
2023 · 12.9%
Interest coverage
-4.45▲
2023 · -7.91
Debt ≤ 1 year
€5,727▼
2023 · €9,995
Debt > 1 year
€25,000=
2023 · €25,000
Income taxes
€220▲
2023 · €87
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 926 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
4.5% stopped otherwise
93% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 926 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€31,858€31,916▲
Fixed assets21/28€27,107€26,484▼
Tangible fixed assets22/27€27,107€26,484▼
Land and buildings22€26,104€25,823▼
Plant, machinery and equipment23€277€169▼
Furniture and vehicles24€726€492▼
Current assets29/58€4,751€5,432▲
Amounts receivable within one year40/41€2,437€3,108▲
Trade receivables40€2,038€2,861▲
Other amounts receivable41€399€248▼
Cash at bank and in hand54/58€614€562▼
Deferred charges and accrued income490/1€1,700€1,761▲
Equity and liabilities
Total equity and liabilities10/49€31,858€31,916▲
Equity10/15-€3,136€1,189▲
Contributions10/11€23,782€23,782=
Reserves13€10,000€10,000=
Distributable reserves133€10,000€10,000=
Profit (loss) carried forward14-€36,918-€32,592▲
Amounts payable17/49€34,995€30,727▼
Amounts payable after more than one year17€25,000€25,000=
Financial debts170/4€25,000€25,000=
Amounts payable within one year42/48€9,995€5,727▼
Trade debts44€1,524€1,780▲
Suppliers440/4€1,524€1,780▲
Taxes, remuneration and social security45-€349
Taxes450/3-€349
Other amounts payable47/48€8,471€3,597▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€623€623=
Other operating charges640/8€2,170€2,256▲
Gross operating margin9900€681€1,395▲
Operating profit (loss)9901-€2,113-€1,484▲
Financial income75/76B€6,482€6,224▼
Recurring financial income75€6,482€6,224▼
Financial charges65/66B€188€194▲
Recurring financial charges65€188€194▲
Profit (loss) for the period before taxes9903€4,182€4,546▲
Income taxes67/77€87€220▲
Profit (loss) for the period9904€4,094€4,326▲
Profit (loss) for the period to be appropriated9905€4,094€4,326▲
Appropriation of the result
Profit (loss) to be appropriated9906-€36,918-€32,592▲
Profit (loss) brought forward from the previous period14P-€41,012-€36,918▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,594€5,072€5,176€623€623=
Other operating charges640/8-€1,810€1,851€2,170€2,256▲ 4.0%
Gross operating margin9900€2,409€2,692€123€681€1,395▲ 105%
Operating profit (loss)9901-€6,036-€4,190-€6,904-€2,113-€1,484▲ 29.7%
Financial income75/76B-€4,908€5,214€6,482€6,224▼ 4.0%
Recurring financial income75€4,759€4,908€5,214€6,482€6,224▼ 4.0%
Financial charges65/66B-€63€215€188€194▲ 2.9%
Recurring financial charges65€132€63€215€188€194▲ 2.9%
Profit (loss) for the period before taxes9903-€1,409€655-€1,905€4,182€4,546▲ 8.7%
Income taxes67/77€99€75€80€87€220▲ 152%
Profit (loss) for the period9904-€1,508€580-€1,985€4,094€4,326▲ 5.6%
Profit (loss) for the period to be appropriated9905-€1,508€580-€1,985€4,094€4,326▲ 5.6%
Line20202021202220232024Change
Assets
Total assets20/58€40,438€39,852€32,880€31,858€31,916▲ 0.2%
Fixed assets21/28€36,269€32,234€27,731€27,107€26,484▼ 2.3%
Tangible fixed assets22/27€36,269€32,234€27,731€27,107€26,484▼ 2.3%
Land and buildings22-€31,327€26,386€26,104€25,823▼ 1.1%
Plant, machinery and equipment23-€494€386€277€169▼ 39.1%
Furniture and vehicles24-€413€960€726€492▼ 32.2%
Current assets29/58€4,169€7,617€5,149€4,751€5,432▲ 14.3%
Amounts receivable within one year40/41€2,079€4,349€2,685€2,437€3,108▲ 27.5%
Trade receivables40-€4,101€2,292€2,038€2,861▲ 40.4%
Other amounts receivable41-€248€393€399€248▼ 37.9%
Cash at bank and in hand54/58€548€1,690€815€614€562▼ 8.5%
Deferred charges and accrued income490/1-€1,579€1,649€1,700€1,761▲ 3.6%
Equity and liabilities
Total equity and liabilities10/49€40,438€39,852€32,880€31,858€31,916▲ 0.2%
Equity10/15-€5,826-€5,246-€7,231-€3,136€1,189▲ 138%
Contributions10/11-€23,782€23,782€23,782€23,782=
Reserves13€10,000€10,000€10,000€10,000€10,000=
Distributable reserves133-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€39,608-€39,027-€41,012-€36,918-€32,592▲ 11.7%
Amounts payable17/49€46,264€45,098€40,110€34,995€30,727▼ 12.2%
Amounts payable after more than one year17€25,000€25,000€25,000€25,000€25,000=
Financial debts170/4-€25,000€25,000€25,000€25,000=
Amounts payable within one year42/48€21,264€20,098€15,110€9,995€5,727▼ 42.7%
Trade debts44€1,513€2,269€1,164€1,524€1,780▲ 16.8%
Suppliers440/4-€2,269€1,164€1,524€1,780▲ 16.8%
Taxes, remuneration and social security45-€336--€349-
Taxes450/3-€336--€349-
Other amounts payable47/48-€17,493€13,946€8,471€3,597▼ 57.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€1,508€580-€1,985€4,094€4,326▲ 5.6%
+ Depreciation and write-downs630€6,594€5,072€5,176€623€623=
Operating cash flow (approximation)€5,085€5,652€3,191€4,718€4,949▲ 4.9%
Investment in fixed assets (approximation)--€1,037-€673€0€0-
Change in cash-€1,142-€875-€200-€52▲ 74.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €4,326 ▲5.6%
Operating result -€1,484, net result €4,326, both a record.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €4,094
Net result €4,094 after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €580
Net result €580 after 3 loss-making years.
03-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet -€11,808
Net result drops to -€11,808, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Pelt · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
871 m²
Building footprint
132 m²
Volume, LiDAR
830 m³
Parcel 72362D0152/00F000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STILL
Dijkstraat 8, 3910 PeltArchitectural and engineering activities; technical testing and analysis
since 19952.102.539.138
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72362D0152/00F000 Flanders 871 m² 1 · 132 m² 9.3 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.

Similar companies · same sector, comparable size

Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-11-1985
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Not found in the Peppol register

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.