STL BENELUX
ActiveThe computed 12-month bankruptcy probability of STL BENELUX is 2.2% (moderate). The 2024 annual accounts show equity of €616k and a net result of €308k. Equity is growing by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 1124 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.78 in 2023; short-term debt: 17.7% of total assets), and 17.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Sector 49
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 2024Solvency, return and age of the figures
Solvency
82.3%
Return on assets
41.1%
Age of the figures
21 mo
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 17-07-2025, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
90 d late
2022
206 d late
2021
122 d late
2020
36 d early
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€308k▲ 95.3%
2023 · €158k
2018: €19k
2019: €20k
2020: €30k
2021: €17k
2022: €51k
2023: €158k
2018 → 2024
Working capital
€56k▼ 73.8%
2023 · €214k
2018: €7k
2019: €6k
2020: €-70k
2021: €-56k
2022: €46k
2023: €214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€100k▲ 20.4%€151k▲ 50.4%€308k▲ 104%€616k▲ 99.8%
Operating result€42k-€22k▼ 46.6%€86k▲ 285%€247k▲ 188%€312k▲ 26.5%
Net result€30k-€17k▼ 43.6%€51k▲ 198%€158k▲ 212%€308k▲ 95.3%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €749k
Fixed assets
€560k▲ 496%
Current assets
€189k▼ 61.3%
Equity and liabilities €749k
Equity
€616k▲ 99.8%
Debt
€133k▼ 51.5%
The debt ratio falls from 47.0% to 17.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€433k▲
2023 · €298k
Cash flow
€428k▲
2023 · €209k
Solvency
82.3%▲
2023 · 53.0%
Current ratio
1.42▼
2023 · 1.78
Quick ratio
1.42▼
2023 · 1.78
Debt / equity
0.22▼
2023 · 0.89
ROE
49.9%▼
2023 · 51.1%
ROA
41.1%▲
2023 · 27.1%
Interest coverage
96.65▲
2023 · 53.40
Debt
€133k▼
2023 · €274k
Debt ≤ 1 year
€133k▼
2023 · €274k
Staff costs
€179k▲
2023 · €164k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€582k€749k▲
Fixed assets21/28€94k€560k▲
Tangible fixed assets22/27€85k€551k▲
Furniture and vehicles24€60k€436k▲
Leasing and similar rights25€25k€115k▲
Financial fixed assets28€9k€9k▲
Current assets29/58€488k€189k▼
Amounts receivable within one year40/41€488k€189k▼
Trade receivables40€104k€189k▲
Other amounts receivable41€384k-
Equity and liabilities
Total equity and liabilities10/49€582k€749k▲
Equity10/15€308k€616k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Profit (loss) carried forward14€290k€598k▲
Amounts payable17/49€274k€133k▼
Amounts payable within one year42/48€274k€133k▼
Financial debts43€19k€28k▲
Credit institutions430/8€19k€28k▲
Trade debts44€89k€48k▼
Suppliers440/4€89k€48k▼
Taxes, remuneration and social security45€166k€57k▼
Taxes450/3€144k€26k▼
Remuneration and social security454/9€22k€31k▲
Income statement
Code20232024
Remuneration, social security and pensions62€164k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€121k▲
Other operating charges640/8€12k€6k▼
Non-recurring operating charges66A-€75
Gross operating margin9900€473k€617k▲
Operating profit (loss)9901€247k€312k▲
Financial income75/76B€8k-
Recurring financial income75€8k-
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€249k€308k▲
Income taxes67/77€92k-
Profit (loss) for the period9904€158k€308k▲
Profit (loss) for the period to be appropriated9905€158k€308k▲
Appropriation of the result
Profit (loss) to be appropriated9906€290k€598k▲
Profit (loss) brought forward from the previous period14P€132k€290k▲
Social balance
Average headcount (FTE)90873.8-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €308k ▲95.3%
Operating result €312k, net result €308k, both a record.
31-12
Financial
Equity above €500kEq €616k ▲99.8%
7 profitable years in a row build equity to €616k.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 90 days late
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 206 days late
2023
31-12
Financial
Equity above €200kEq €308k ▲104%
6 profitable years in a row build equity to €308k.
2022
31-12
Financial
Liquidity doublescurrent ratio 1.22
Current ratio from 0.56 to 1.22.
31-12
Financial
Equity above €150kEq €151k ▲50.4%
5 profitable years in a row build equity to €151k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €17k ▼43.6%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲20.4%
4 profitable years in a row build equity to €100k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Elsene · 1 establishment unit since 2015
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.
Louizalaan 3671050 ElseneGround area
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
STL BENELUX
since 20152.244.138.154
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 4,915 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-05-2015
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.