Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 137.5 to 118.1.
Financials
Financial year 2024
STAG BELGIUM from Brussel, company number BE0500495848, closed financial year 2024 with a result of € -867,584 after tax. For that financial year STAG BELGIUM recorded revenue of € 23.2 million and equity of € -26.5 million. Compared with financial year 2023, the result moved from € -2.3 million to € -867,584. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 3, 2025.
€ -26.5 million
▼ € 884,796 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -867,584
▲ 62 % less loss than in 2023
Profit after tax over the fiscal year.
€ 643,863
▲ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26.7 million.
People and assets in 2024
118.1
▼ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.3 million
▲ 5% vs 2023
€ 61,600 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.
€ 428,796
▼ 45% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 17.8 million
▲ 21% vs 2023
Loans from banks and other lenders, long and short.
€ 8.7 million
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 220 days on average.
€ 1 million
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 8,383,759 | € 19,815,926 | € 21,758,407 | € 23,213,190 | ▲ 7% |
| Profit after taxes | € -7,255,417 | € 15,081 | € -2,296,217 | € -867,584 | ▲ € 1.4 million |
| Equity | € -23,253,120 | € -23,255,251 | € -25,568,681 | € -26,453,477 | ▼ € 884,796 |
| Total debts | € 27,221,047 | € 29,852,293 | € 32,927,402 | € 33,691,598 | ▲ 2% |
| Cash | € 184,263 | € 1,182,512 | € 477,833 | € 643,863 | ▲ 35% |
| Land & buildings | € 3,859 | € 2,669 | € 1,479 | € 289 | ▼ 80% |
| Retained profit | € -23,556,569 | € -23,541,488 | € -25,837,705 | € -26,705,289 | ▼ € 867,584 |
| Bank debt | € 14,012,938 | € 17,591,993 | € 14,762,204 | € 17,808,668 | ▲ 21% |
| Balance sheet total | € 8,557,363 | € 6,597,041 | € 7,358,721 | € 7,238,121 | ▼ 2% |
| Employees (FTE) | 158.4 | 137.5 | 119 | 118.1 | ▼ 0.9 |
Key figures of STAG BELGIUM, 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 STAG BELGIUM?
What happened at STAG BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 867,584. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 7.3 million loss in 2021 to € 867,584 loss in 2024.
Best year ever: 2022, with € 15,081 profit.
A new publication or filing at STAG BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Louizalaan 71
1050 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Domain
Domain
hrewards.com
Registered
2012-04-15
Registrar
GoDaddy.com, LLC
Expires
2026-04-15
Website info
Features
Security
Network
Details
- Company number
- 0500.495.848
- VAT number
- BE 0500.495.848
- Registered office
- Louizalaan 71, 1050 Brussel
- Names & denominations
- STAG BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2012
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- hrewards.com
- Activities · NACE
Hotels en dergelijke accommodatie
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening