GROUP STAS
ActiveSummary
GROUP STAS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.86M and a net result of €587k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+7
Solvency68▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.25M at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.13 in 2024; short-term debt: 26.6% and cash: 4.6% of total assets), and 57.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
42.9%
Return on assets
1.3%
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 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
on the day
2023
1 d early
2022
1 d early
2021
4 d early
2020
1 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19.86M▲ 10.8%
2024 · €17.93M
2019: €11.31M
2020: €10.14M
2021: €10.77M
2022: €18.01M
2023: €18.05M
2024: €17.93M
2019 → 2025
Total assets
€46.29M▲ 7.0%
2024 · €43.25M
2019: €34.58M
2020: €39.97M
2021: €40.59M
2022: €45.45M
2023: €46.39M
2024: €43.25M
2019 → 2025
Net result
€587k▲ 29.2%
2024 · €455k
2019: €3.19M
2020: €-1.17M
2021: €626k
2022: €1.68M
2023: €44k
2024: €455k
2019 → 2025
Working capital
€1.46M▲ 14.7%
2024 · €1.28M
2019: €-8.24M
2020: €-9.74M
2021: €-10.69M
2022: €-8.19M
2023: €-9.86M
2024: €1.28M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10.77M-€18.01M▲ 67.2%€18.05M▲ 0.2%€17.93M▼ 0.7%€19.86M▲ 10.8%
Operating result€1.05M-€2.29M▲ 118%€852k▼ 62.8%€1.61M▲ 88.8%€1.52M▼ 5.8%
Net result€626k-€1.68M▲ 169%€44k▼ 97.4%€455k▲ 922%€587k▲ 29.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.29M
Fixed assets
€32.52M ▲ 1.7%
Current assets
€13.76M ▲ 22.1%
Equity and liabilities €46.29M
Equity
€19.86M ▲ 10.8%
Provisions
€931k ▼ 8.2%
Debt
€25.49M ▲ 4.9%
Debt's share of the balance-sheet total falls from 56.2% to 55.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.43M▼
2024 · €3.54M
Cash flow
€2.50M▲
2024 · €2.39M
Current ratio
1.12▼
2024 · 1.13
Quick ratio
0.47▼
2024 · 0.48
Debt to equity
1.28▼
2024 · 1.36
ROE
3.0%▲
2024 · 2.5%
ROA
1.3%▲
2024 · 1.1%
Interest coverage
3.95▲
2024 · 3.12
Debt ≤ 1 year
€12.30M▲
2024 · €9.99M
Debt > 1 year
€12.93M▼
2024 · €13.82M
Income taxes
€276k▼
2024 · €313k
Staff costs
€91k▼
2024 · €118k
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 · 70 lines
Balance sheet
Code20242025
Assets
Total assets20/58€43.25M€46.29M▲
Fixed assets21/28€31.99M€32.52M▲
Tangible fixed assets22/27€31.94M€32.48M▲
Land and buildings22€30.84M€31.78M▲
Plant, machinery and equipment23€898k€334k▼
Furniture and vehicles24€122k€328k▲
Leasing and similar rights25€71k€36k▼
Other tangible fixed assets26€6k€0▼
Financial fixed assets28€47k€47k=
Current assets29/58€11.27M€13.76M▲
Amounts receivable after more than one year29€315k€315k=
Other amounts receivable291€315k€315k=
Stocks and contracts in progress3€6.51M€8.00M▲
Stocks30/36€6.51M€8.00M▲
Amounts receivable within one year40/41€1.18M€2.23M▲
Trade receivables40€418k€817k▲
Other amounts receivable41€766k€1.41M▲
Current investments50/53€338€1.00M▲
Cash at bank and in hand54/58€3.13M€2.13M▼
Deferred charges and accrued income490/1€124k€85k▼
Equity and liabilities
Total equity and liabilities10/49€43.25M€46.29M▲
Equity10/15€17.93M€19.86M▲
Contributions10/11€3.17M€3.17M=
Capital10€3.17M€3.17M=
Issued capital100€3.17M€3.17M=
Revaluation surpluses12€4.97M€6.32M▲
Reserves13€9.79M€10.37M▲
Non-distributable reserves130/1€391k€391k=
Legal reserve130€391k€391k=
Tax-exempt reserves132€3.19M€3.09M▼
Distributable reserves133€6.20M€6.90M▲
Provisions and deferred taxes16€1.01M€931k▼
Deferred taxes168€1.01M€931k▼
Amounts payable17/49€24.31M€25.49M▲
Amounts payable after more than one year17€13.82M€12.93M▼
Financial debts170/4€13.82M€12.93M▼
Amounts payable within one year42/48€9.99M€12.30M▲
Current portion of amounts payable after more than one year42€1.28M€1.05M▼
Financial debts43€7.13M€7.35M▲
Credit institutions430/8€7.13M€7.35M▲
Trade debts44€259k€2.18M▲
Suppliers440/4€259k€2.18M▲
Taxes, remuneration and social security45€136k€272k▲
Taxes450/3€121k€262k▲
Remuneration and social security454/9€15k€10k▼
Other amounts payable47/48€1.18M€1.44M▲
Accrued charges and deferred income492/3€502k€265k▼
Income statement
Code20242025
Non-recurring operating income76A€1.47M€0▼
Remuneration, social security and pensions62€118k€91k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.93M€1.91M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€116k€150k▲
Non-recurring operating charges66A€369k€19k▼
Gross operating margin9900€4.15M€3.69M▼
Operating profit (loss)9901€1.61M€1.52M▼
Financial income75/76B€211k€131k▼
Recurring financial income75€211k€131k▼
Financial charges65/66B€1.14M€867k▼
Recurring financial charges65€1.14M€867k▼
Profit (loss) for the period before taxes9903€684k€780k▲
Transfer from deferred taxes780€84k€84k=
Income taxes67/77€313k€276k▼
Profit (loss) for the period9904€455k€587k▲
Transfer from tax-exempt reserves789€251k€251k=
Transfer to tax-exempt reserves689€147k€147k=
Profit (loss) for the period to be appropriated9905€558k€691k▲
Appropriation of the result
Profit (loss) to be appropriated9906€558k€691k▲
Transfer to equity691/2€558k€691k▲
To other reserves6921€558k€691k▲
Social balance
Average headcount (FTE)90872.51.6▼
The notes to these accounts (23 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
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity quadruplescurrent ratio 1.13
Current ratio from 0.32 to 1.13; short-term debt falls from €14.54M to €9.99M.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €626k
Net result €626k after one loss-making year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-1.17M ▼137%
Net result drops to €-1.17M, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
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
7 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, Lubbeek · 2 establishment units since 1994
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.
Brakumpad(LUB) 13210 LubbeekGround area
2.2 ha
Building footprint
3,663 m²
Volume, LiDAR
26,203 m³
3 parcels, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Stas Fruit-Production & Export
since 19942.066.589.750
Kustlaan 102, 8300 Knokke-Heist
since 20242.367.056.752
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066F0183/00Z000 | Flanders | 1.7 ha | 1 · 1,201 m² | 13.2 m · 2 fl. |
| 24066B0263/00Y000 | Flanders | 3,517 m² | 1 · 2,297 m² | 9.5 m · 3 fl. |
| 31332E0176/00B000 | Flanders | 579 m² | 1 · 165 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,370 EUR awarded · 1,370 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,370 EUR | 1,370 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLubbeek2.066.589.750
Legal Entity Identifier
87550085T9Y3JHPGCF85
Similar companies · same sector, comparable size
CEUPPENS-RETRABOUW
BE 0866.187.531
Zandhoven · Eq €17.69M
DUBAERE
BE 0426.608.473
Aalter · Eq €17.21M
GONDELLA
BE 0400.033.047
Nazareth-De Pinte · Eq €23.13M
thyssenkrupp Steel Heavy Plate Antwerp
BE 0899.168.521
Antwerpen · Eq €17.05M
FRISOMAT
BE 0418.117.411
Wijnegem · Eq €16.83M
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 261 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
Founded25-03-1994
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
46319Wholesale of fruit and vegetables, excluding potatoes
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.