Checked.be
Active
BE 0845.511.782Private limited company
Stucapro
Vinkenstraat 31 ·2530 Boechout, Belgium· 14 yrs active
Sector: Plastering work
(43310)
Conclusion
Stucapro has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304k and a net result of €89k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €304k |
| Net result | €89k |
| Better than sector | 66% |
| Active | 14 yrs |
Financial profile
95
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
96
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€30k
estimate, not credit advice
Score history
86
2023
94
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.19 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.42 (≥ 1.0)
+5
Leverage
Debt/equity 0.96 (< 1.0)
+10
Profitability
ROE 29% (≥ 10%)
+10
Interest coverage
Interest coverage 8.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-07-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~37.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.1% | 39.1% | |
| Net result | €89k | €40k | |
| Equity | €304k | €193k | |
| Gross operating margin | €164k | €230k | |
| Employees (FTE) | 0.0 | 3.5 |
€163k
+33.4%
23-25
€89k
+19.8%
23-25
€126k
+51.2%
23-25
€596k
+22.1%
23-25
€304k
+41.1%
23-25
€237k
+29.2%
23-25
0
-
23-25
€21k
-19.9%
23-25
€292k
+7.0%
23-25
€199k
-15.9%
23-25
€93k
+157.0%
23-25
2.19
+23.5%
23-25
1.42
-16.4%
23-25
51.1%
+15.6%
23-25
0.96
-24.2%
23-25
29.2%
-15.1%
23-25
14.9%
-1.9%
23-25
8.81
-3.7%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €163k | €122k | €44k |
| Net profit | €89k | €74k | €28k |
| Cash flow | €126k | €83k | €32k |
| Staff costs | - | - | - |
| Income taxes | €21k | €26k | €11k |
| Dividends | - | - | - |
| Total assets | €596k | €488k | €293k |
| Equity | €304k | €216k | €142k |
| Debt | €292k | €273k | €152k |
| of which ≤ 1y | €199k | €237k | €152k |
| of which > 1y | €93k | €36k | - |
| Working capital | €237k | €184k | €141k |
| Employees (FTE) | 0.0 | 0.0 | 0.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.19 | 1.78 | 1.93 |
| Quick ratio | 1.42 | 1.70 | 1.55 |
| Working capital ratio | 39.8% | 37.6% | 48.0% |
| Solvency | 51.1% | 44.2% | 48.3% |
| Debt / equity | 0.96 | 1.26 | 1.07 |
| Long-term debt ratio | 0.30 | 0.17 | - |
| Interest coverage | 8.81 | 9.15 | 41.51 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 14.9% | 15.2% | 9.5% |
| ROE | 29.2% | 34.4% | 19.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €596k | €488k | €293k |
| Fixed assets | 21/28 | €160k | €68k | €821 |
| Tangible fixed assets | 22/27 | €156k | €68k | €821 |
| Financial fixed assets | 28 | €4k | - | - |
| Current assets | 29/58 | €436k | €420k | €292k |
| Stocks & contracts in progress | 3 | €154k | €18k | €57k |
| Amounts receivable within one year | 40/41 | €162k | €290k | €175k |
| Investments | 50/53 | €61k | €27k | - |
| Cash & bank | 54/58 | €57k | €78k | €57k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €596k | €488k | €293k |
| Equity | 10/15 | €304k | €216k | €142k |
| Contributions / capital | 10/11 | €20k | €20k | €20k |
| Reserves | 13 | €284k | €196k | €122k |
| Amounts payable | 17/49 | €292k | €273k | €152k |
| Amounts payable after one year | 17 | €93k | €36k | - |
| Amounts payable within one year | 42/48 | €199k | €237k | €152k |
| Trade debts payable within one year | 44 | €116k | €199k | €92k |
| Income statement | ||||
| Gross operating margin | 9900 | €164k | €126k | €70k |
| Operating result | 9901 | €126k | €113k | €40k |
| Financial income | 75 | €2k | €480 | €323 |
| Financial charges | 65 | €19k | €13k | €1k |
| Result before taxes | 9903 | €110k | €100k | €39k |
| Income taxes | 67/77 | €21k | €26k | €11k |
| Net result for the period | 9904 | €89k | €74k | €28k |
| Result to be appropriated | 9905 | €89k | €74k | €28k |
Legal Structure
| NACE primary | Plastering work(43310) |
| Legal form | Private limited company(610) |
| Incorporation | 25-04-2012 |
| Status | Active |
| Postal code | 2530 |
Establishment units
SR Technics
since 20122.210.305.049
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004C0362/00X000 | Flanders | 1,725 m² | 1 · 212 m² | 7.3 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €89k ▲19.8%
Operating result €126k, net result €89k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €216k ▲52.3%
2 profitable years in a row build equity to €216k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
20-06
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.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Plastering work43310
Names & trade names
| Legal nameNL | Stucapro |
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