Stipa
ActiveStipa has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €51k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-4
Solvency62▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.15 in 2024; short-term debt: 19.7% and cash: 13.2% of total assets), and 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.4%
Return on assets
4.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
16 d early
2023
7 d early
2022
27 d early
2021
13 d early
2020
20 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€275k
EBIT margin
39.4%
Net result
€51k▼ 38.4%
2024 · €83k
2019: €-21k
2020: €152k
2021: €156k
2022: €93k
2023: €30k
2024: €83k
2019 → 2025
Working capital
€-16k
2024 · €27k
2019: €-109k
2020: €94k
2021: €200k
2022: €83k
2023: €37k
2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€275k
Equity€391k-€288k▼ 26.3%€318k▲ 10.3%€406k▲ 27.8%€437k▲ 7.5%
Operating result€164k-€108k▼ 34.0%€57k▼ 47.2%€136k▲ 138%€89k▼ 34.5%
Net result€156k-€93k▼ 40.2%€30k▼ 67.4%€83k▲ 172%€51k▼ 38.4%
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 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€955k▲ 0.1%
Current assets
€214k▲ 3.7%
Equity and liabilities €1.17M
Equity
€437k▲ 7.5%
Provisions
€59k▼ 1.5%
Debt
€674k▼ 2.9%
The debt ratio falls from 59.8% to 57.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€151k▼
2024 · €187k
Cash flow
€113k▼
2024 · €134k
Solvency
37.4%▲
2024 · 35.0%
Current ratio
0.93▼
2024 · 1.15
Quick ratio
0.93▼
2024 · 1.15
Debt / equity
1.54▼
2024 · 1.71
ROE
11.7%▼
2024 · 20.4%
ROA
4.4%▼
2024 · 7.1%
Interest coverage
7.96▼
2024 · 9.07
Debt
€674k▼
2024 · €694k
Debt ≤ 1 year
€231k▲
2024 · €180k
Debt > 1 year
€430k▼
2024 · €474k
Income taxes
€25k▼
2024 · €37k
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€1.16M€1.17M▲
Fixed assets21/28€953k€955k▲
Tangible fixed assets22/27€952k€953k▲
Land and buildings22€828k€807k▼
Plant, machinery and equipment23€33k€65k▲
Furniture and vehicles24€90k€81k▼
Financial fixed assets28€2k€2k=
Current assets29/58€207k€214k▲
Amounts receivable within one year40/41€4k€960▼
Trade receivables40€118€0▼
Other amounts receivable41€4k€960▼
Current investments50/53€53k€55k▲
Cash at bank and in hand54/58€141k€154k▲
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.17M▲
Equity10/15€406k€437k▲
Contributions10/11€200k€200k=
Reserves13€227k€237k▲
Tax-exempt reserves132€87k€84k▼
Distributable reserves133€140k€153k▲
Profit (loss) carried forward14€-21k€0▲
Provisions and deferred taxes16€60k€59k▼
Provisions for liabilities and charges160/5€38k€38k=
Pensions and similar obligations160€38k€38k=
Deferred taxes168€22k€21k▼
Amounts payable17/49€694k€674k▼
Amounts payable after more than one year17€474k€430k▼
Financial debts170/4€404k€360k▼
Other amounts payable178/9€70k€70k=
Amounts payable within one year42/48€180k€231k▲
Current portion of amounts payable after more than one year42€42k€43k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€389€23k▲
Taxes450/3€389€23k▲
Other amounts payable47/48€133k€162k▲
Accrued charges and deferred income492/3€40k€13k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€62k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€194k€157k▼
Operating profit (loss)9901€136k€89k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€119k€75k▼
Transfer from deferred taxes780€1k€921▼
Income taxes67/77€37k€25k▼
Profit (loss) for the period9904€83k€51k▼
Transfer from tax-exempt reserves789€4k€4k▼
Profit (loss) for the period to be appropriated9905€87k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€34k▲
Profit (loss) brought forward from the previous period14P€-60k€-21k▲
Transfer from equity791/2€39k€21k▼
Transfer to equity691/2€87k€34k▼
To other reserves6921€87k€34k▼
Profit to be distributed694/7€0€21k▲
Return on contributions (dividend)694€0€21k▲
The notes to these accounts (14 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
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €156k ▲2.3%
Net result €156k, the highest in the series.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €152k
Net result €152k after one loss-making year.
30-06
Financial
Liquidity times 16current ratio 2.21
Current ratio from 0.14 to 2.21; short-term debt falls from €127k to €77k.
30-06
Financial
Equity above €200kEq €236k ▲192%
Equity rises from €81k to €236k.
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Nazareth-De Pinte · 1 establishment unit since 1999
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.
Baron de Gieylaan 859840 Nazareth-De PinteGround area
1,009 m²
Building footprint
278 m²
Volume, LiDAR
2,531 m³
2 parcels, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Koning Albertlaan 69, 9000 Gent
since 19992.090.826.486
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012B0203/00W002 | Flanders | 886 m² | 1 · 155 m² | 7.0 m · 2 fl. |
| 44809I0775/00M010 | Flanders | 123 m² | 1 · 123 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
OLVAST
BE 0899.734.485
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JAN DEFOUR
BE 0899.202.173
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ZAKENKANTOOR PETER BOLS
BE 0452.403.149
Beerse · Eq €436k
VAN LAER & Co
BE 0443.998.692
Beerse · Eq €436k
OMCON
BE 0734.674.436
Middelkerke · Eq €438k
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-1999
Fiscal year end30-06
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.