STUART
ActiveSTUART has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €39k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
82
/ 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
Profitability80▼-5
Solvency85▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 3.72 in 2024; short-term debt: 23% and cash: 32.6% of total assets), and 40.3% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
59.7%
Return on assets
9%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
19 d early
2023
1 d early
2022
34 d early
2021
2 d late
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€259k▲ 17.7%
2024 · €220k
2018: €175k
2019: €180k
2020: €151k
2021: €142k
2022: €161k
2023: €167k
2024: €220k
2018 → 2025
Total assets
€434k▲ 9.5%
2024 · €396k
2018: €533k
2019: €498k
2020: €535k
2021: €482k
2022: €461k
2023: €417k
2024: €396k
2018 → 2025
Net result
€39k▼ 26.3%
2024 · €53k
2018: €4k
2019: €5k
2020: €-29k
2021: €35k
2022: €43k
2023: €55k
2024: €53k
2018 → 2025
Working capital
€230k▲ 17.0%
2024 · €196k
2018: €175k
2019: €167k
2020: €144k
2021: €144k
2022: €147k
2023: €149k
2024: €196k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€161k▲ 13.0%€167k▲ 4.1%€220k▲ 31.7%€259k▲ 17.7%
Operating result€48k-€81k▲ 67.2%€92k▲ 13.3%€87k▼ 4.4%€66k▼ 24.6%
Net result€35k-€43k▲ 22.9%€55k▲ 28.5%€53k▼ 3.6%€39k▼ 26.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434k
Fixed assets
€104k▼ 18.0%
Current assets
€329k▲ 22.6%
Equity and liabilities €434k
Equity
€259k▲ 17.7%
Debt
€175k▼ 0.7%
The debt ratio falls from 44.5% to 40.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▼
2024 · €110k
Cash flow
€62k▼
2024 · €76k
Solvency
59.7%▲
2024 · 55.5%
Current ratio
3.30▼
2024 · 3.72
Quick ratio
1.91▲
2024 · 1.83
Debt / equity
0.68▼
2024 · 0.80
ROE
15.1%▼
2024 · 24.0%
ROA
9.0%▼
2024 · 13.4%
Interest coverage
12.17▼
2024 · 12.56
Debt
€175k▼
2024 · €176k
Debt ≤ 1 year
€100k▲
2024 · €72k
Debt > 1 year
€75k▼
2024 · €103k
Income taxes
€20k▼
2024 · €26k
Staff costs
€40k▲
2024 · €31k
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€396k€434k▲
Fixed assets21/28€127k€104k▼
Tangible fixed assets22/27€127k€104k▼
Land and buildings22€127k€104k▼
Current assets29/58€269k€329k▲
Stocks and contracts in progress3€136k€139k▲
Stocks30/36€136k€139k▲
Amounts receivable within one year40/41€21k€48k▲
Trade receivables40€4k€2k▼
Other amounts receivable41€18k€46k▲
Cash at bank and in hand54/58€110k€141k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€396k€434k▲
Equity10/15€220k€259k▲
Contributions10/11€7k€7k=
Reserves13€213k€252k▲
Distributable reserves133€213k€252k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€176k€175k▼
Amounts payable after more than one year17€103k€75k▼
Financial debts170/4€103k€75k▼
Amounts payable within one year42/48€72k€100k▲
Current portion of amounts payable after more than one year42€28k€28k=
Trade debts44€12k€16k▲
Suppliers440/4€12k€16k▲
Taxes, remuneration and social security45€32k€55k▲
Taxes450/3€27k€48k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€315€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€31k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k=
Other operating charges640/8€4k€5k▲
Gross operating margin9900€146k€133k▼
Operating profit (loss)9901€87k€66k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€79k€59k▼
Income taxes67/77€26k€20k▼
Profit (loss) for the period9904€53k€39k▼
Profit (loss) for the period to be appropriated9905€53k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€39k▼
Transfer from equity791/2€0-
Transfer to equity691/2€53k€39k▼
To other reserves6921€53k€39k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (6 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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €220k ▲31.7%
4 profitable years in a row build equity to €220k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €55k ▲28.5%
Operating result €92k, net result €55k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €161k ▲13%
2 profitable years in a row build equity to €161k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-29k ▼729%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-04
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
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, Nieuwpoort · 1 establishment unit since 2000
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.
Albert I laan 2458620 NieuwpoortGround area
182 m²
Building footprint
202 m²
Volume, LiDAR
2,940 m³
Parcel 38402D0392/00D000, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
STUART
since 20002.131.935.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0392/00D000 | Flanders | 182 m² | 1 · 202 m² | 21.0 m · 6 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.
Similar companies · same sector, comparable size
Raum Akzente Halmes
BE 0693.782.602
Amel · Eq €260k
TOP CREATIES
BE 0458.025.090
Genk · Eq €260k
ABRIBUS
BE 0422.772.223
Oudergem · Eq €260k
DALIN
BE 0451.165.509
Antwerpen · Eq €257k
LAVENTURA
BE 0830.460.253
Zonhoven · Eq €256k
Of 1,271 companies in sector 47512 we hold annual accounts for 580. 458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2000
Fiscal year end30-09
Activities, NACEBEL
47512Retail sale of household textiles and bedding
47711Retail sale of women's outerwear
52410
52423
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.