STOCK ATH
ActiveSummary
STOCK ATH has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.22M and a net result of €77k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-10
Solvency100=
Growth55▼-16
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.43 against 12.58 in 2024; short-term debt: 15% and cash: 7.6% of total assets), and 15% of the assets are financed with debt.
Credit check 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
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
85%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
18 d late
2021
23 d late
2020
19 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€42.68M▲ 6.7%
2024 · €40.00M
2019: €27.56M
2020: €33.58M
2021: €35.37M
2022: €36.79M
2023: €38.19M
2024: €40.00M
2019 → 2025
EBIT margin
0.3%▼ 5.4pp
2024 · 5.7%
2019: 5.4%
2020: 9.4%
2021: 7.2%
2022: 8.4%
2023: 5.1%
2024: 5.7%
2019 → 2025
Net result
€77k▼ 96.9%
2024 · €2.49M
2019: €1.34M
2020: €2.31M
2021: €2.12M
2022: €1.34M
2023: €2.19M
2024: €2.49M
2019 → 2025
Working capital
€15.56M▼ 36.5%
2024 · €24.50M
2019: €19.20M
2020: €21.79M
2021: €21.79M
2022: €22.78M
2023: €24.81M
2024: €24.50M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€35.37M-€36.79M▲ 4.0%€38.19M▲ 3.8%€40.00M▲ 4.7%€42.68M▲ 6.7%
Equity€30.13M-€31.47M▲ 4.5%€33.66M▲ 7.0%€36.15M▲ 7.4%€36.22M▲ 0.2%
Operating result€2.54M-€3.08M▲ 21.2%€1.95M▼ 36.8%€2.28M▲ 17.2%€123k▼ 94.6%
Net result€2.12M-€1.34M▼ 36.5%€2.19M▲ 62.8%€2.49M▲ 13.5%€77k▼ 96.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.64M
Fixed assets
€20.69M ▲ 77.4%
Current assets
€21.95M ▼ 17.6%
Equity and liabilities €42.64M
Equity
€36.22M ▲ 0.2%
Debt
€6.41M ▲ 200%
Debt's share of the balance-sheet total rises from 5.6% to 15.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.00M▼
2024 · €3.47M
Cash flow
€1.95M▼
2024 · €3.67M
Current ratio
3.43▼
2024 · 12.58
Quick ratio
1.55▼
2024 · 7.71
Debt to equity
0.18▲
2024 · 0.06
ROE
0.2%▼
2024 · 6.9%
ROA
0.2%▼
2024 · 6.5%
Interest coverage
31.16▼
2024 · 366.14
Debt ≤ 1 year
€6.39M▲
2024 · €2.12M
Income taxes
€209k▼
2024 · €543k
Staff costs
€4.86M▲
2024 · €4.08M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 82 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38.29M€42.64M▲
Fixed assets21/28€11.67M€20.69M▲
Intangible fixed assets21€8k€2k▼
Tangible fixed assets22/27€11.16M€20.19M▲
Land and buildings22€8.76M€17.11M▲
Plant, machinery and equipment23€1.83M€2.32M▲
Furniture and vehicles24€564k€755k▲
Financial fixed assets28€501k€501k=
Affiliated companies280/1€500k€500k=
Amounts receivable281€500k€500k=
Other financial fixed assets284/8€855€855=
Amounts receivable and cash guarantees285/8€855€855=
Current assets29/58€26.62M€21.95M▼
Stocks and contracts in progress3€10.31M€12.02M▲
Stocks30/36€10.31M€12.02M▲
Goods purchased for resale34€10.31M€12.02M▲
Amounts receivable within one year40/41€930k€2.26M▲
Trade receivables40€509k€1.52M▲
Other amounts receivable41€421k€740k▲
Current investments50/53€9.61M€4.12M▼
Other investments51/53€9.61M€4.12M▼
Cash at bank and in hand54/58€5.53M€3.24M▼
Deferred charges and accrued income490/1€241k€302k▲
Equity and liabilities
Total equity and liabilities10/49€38.29M€42.64M▲
Equity10/15€36.15M€36.22M▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€35.14M€35.22M▲
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Tax-exempt reserves132€2.31M€1.79M▼
Distributable reserves133€32.72M€33.33M▲
Profit (loss) carried forward14€8k-
Amounts payable17/49€2.14M€6.41M▲
Amounts payable within one year42/48€2.12M€6.39M▲
Trade debts44€1.22M€1.41M▲
Suppliers440/4€1.22M€1.41M▲
Advances received on contracts in progress46-€22k
Taxes, remuneration and social security45€799k€813k▲
Taxes450/3€176k€224k▲
Remuneration and social security454/9€624k€589k▼
Other amounts payable47/48€97k€4.14M▲
Accrued charges and deferred income492/3€24k€24k▼
Income statement
Code20242025
Operating income70/76A€40.22M€43.39M▲
Turnover70€40.00M€42.68M▲
Other operating income74€146k€690k▲
Non-recurring operating income76A€76k€17k▼
Operating charges60/66A€37.94M€43.27M▲
Goods for resale, raw materials and consumables60€27.24M€28.93M▲
Purchases600/8€27.51M€30.64M▲
Change in stocks: decrease (increase)609€-269k€-1.71M▼
Services and other goods61€5.23M€6.16M▲
Remuneration, social security and pensions62€4.08M€4.86M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.19M€1.88M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€56k
Other operating charges640/8€193k€219k▲
Non-recurring operating charges66A€10k€1.17M▲
Operating profit (loss)9901€2.28M€123k▼
Financial income75/76B€586k€471k▼
Recurring financial income75€586k€471k▼
Income from financial fixed assets750-€47k
Income from current assets751€230k-
Other financial income752/9€357k€424k▲
Financial charges65/66B€-162k€308k▲
Recurring financial charges65€-362k€308k▲
Debt charges650€9k€64k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-431k€-180k▲
Other financial charges652/9€59k€425k▲
Non-recurring financial charges66B€200k-
Profit (loss) for the period before taxes9903€3.03M€286k▼
Income taxes67/77€543k€209k▼
Taxes670/3€543k€209k▼
Profit (loss) for the period9904€2.49M€77k▼
Transfer from tax-exempt reserves789€695k€525k▼
Transfer to tax-exempt reserves689€842k-
Profit (loss) for the period to be appropriated9905€2.34M€602k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.34M€610k▼
Profit (loss) brought forward from the previous period14P€300€8k▲
Transfer to equity691/2€2.33M€610k▼
To other reserves6921€2.33M€610k▼
Social balance
Average headcount (FTE)908771.879.6▲
The notes to these accounts (62 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €77k ▼96.9%
Net result drops to €77k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Highest result since 2019net €2.49M ▲13.5%
Net result €2.49M, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Ath · 1 establishment unit since 1989
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.
Chaussée de Tournai(Irc) 1967801 AthGround area
2.9 ha
Building footprint
1.2 ha
Parcel 51035A0086/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
STOCK AMERICAIN ATH
since 19892.043.099.221
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51035A0086/00Z000 | Wallonia | 2.9 ha | 1 · 1.2 ha | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAth2.043.099.221
Similar companies · same sector, comparable size
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C.B. BOUWMARKTEN
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DJOSER
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 98 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.