Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 33.1 to 27.1.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
STAS from Glabbeek, company number BE0429465421, closed financial year 2024 with a result of € 488,987 after tax. For that financial year STAS recorded revenue of € 15 million and equity of € 8.1 million. Compared with financial year 2023, the result moved from € 217,122 to € 488,987. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2025.
€ 8.1 million
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 488,987
▲ 125% vs 2023
Profit after tax over the fiscal year.
€ 3 million
▲ 114% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 8.1 million.
People and assets in 2024
27.1
▼ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 7% vs 2023
€ 66,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 410,605
▲ 58% vs 2023
Of which on lease € 126,754.
Debts at end 2024
€ 1 million
▼ 19% vs 2023
€ 168,280 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 949,951
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 543,031
▲ 43% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 16,674,816 | € 14,446,279 | € 14,994,125 | € 15,022,517 | |
| Profit after taxes | € 1,287,075 | € 333,672 | € 217,122 | € 488,987 | ▲ 125% |
| Equity | € 7,077,203 | € 7,410,874 | € 7,627,996 | € 8,116,983 | ▲ 6% |
| Total debts | € 4,168,274 | € 3,244,354 | € 2,975,548 | € 2,837,405 | ▼ 5% |
| Cash | € 2,069,344 | € 2,253,158 | € 1,398,292 | € 2,999,181 | ▲ 114% |
| Land & buildings | € 1,524,490 | € 1,454,253 | € 1,425,538 | € 1,304,841 | ▼ 8% |
| Retained profit | € 7,012,203 | € 7,345,874 | € 7,562,996 | € 8,051,983 | ▲ 6% |
| Bank debt | € 1,204,157 | € 1,064,956 | € 1,256,840 | € 1,014,728 | ▼ 19% |
| Balance sheet total | € 11,245,477 | € 10,655,229 | € 10,603,544 | € 10,954,388 | ▲ 3% |
| Employees (FTE) | 36.5 | 33.1 | 28.8 | 27.1 | ▼ 1.7 |
Key figures of STAS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to STAS?
What happened at STAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan STAS stepped down as director. NBB
- Kristof STAS stepped down as director. NBB
- Anne LAMBEETS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 488,987 (▲ 125% vs 2023). filed late Source: NBB ↗
- Stefaan STAS became a director. NBB
- Kristof STAS became a director. NBB
- Anne LAMBEETS became a director. NBB
- New establishment in Glabbeek. KBO
In short
From € 1.3 million profit in 2021 to € 488,987 profit in 2024.
Paid € 847,800 in corporate taxes since 2021.
Best year ever: 2021, with € 1.3 million profit.
Pays suppliers within 29 days on average.
Management
Directors
According to the 2024 annual accounts
since 2021 · until 2027
Kristof STAS
Director
since 2021 · until 2027
Anne LAMBEETS
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Craenenbroekstraat 32
3380 Glabbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.465.421
- VAT number
- BE 0429.465.421
- Registered office
- Craenenbroekstraat 32, 3380 Glabbeek
- Names & denominations
- STAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 1986
- Peppol
- Not registered
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