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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
StackGuardian from Mechelen, company number BE0795097221, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year StackGuardian recorded a gross margin of € -1.1 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € -945,052 to € -1.4 million. The company made a loss. 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 July 31, 2026.
€ 2.8 million
▲ 116% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 52 % more loss than in 2024
Profit after tax over the fiscal year.
€ 222,476
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
People and assets in 2025
€ 26,152
▲ € 20,744 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 607,606
▼ 8% vs 2024
€ 131,294 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 114,196
▲ 127% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -725,308 | € -733,190 | € -1,071,505 | ▼ € 338,315 |
| Profit after taxes | € -802,045 | € -945,052 | € -1,439,011 | ▼ € 493,959 |
| Equity | € 1,048,955 | € 1,303,903 | € 2,810,900 | ▲ 116% |
| Total debts | € 198,207 | € 1,212,677 | € 988,586 | ▼ 18% |
| Cash | € 852,766 | € 165,418 | € 222,476 | ▲ 34% |
| Retained profit | € -802,045 | € -1,747,097 | € -3,240,089 | ▼ € 1.5 million |
| Bank debt | € 3,701 | € 660,260 | € 607,606 | ▼ 8% |
| Balance sheet total | € 1,247,162 | € 2,516,581 | € 3,799,486 | ▲ 51% |
Key figures of StackGuardian, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to StackGuardian?
What happened at StackGuardian in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- Michael Lucassen became a director. NBB
- InvestLink NV became a director. NBB
- Akshat Tandon became a director. NBB
- DDL Management BV became a director. NBB
- Volta Ventures II COMMV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 802,045 loss in 2023 to € 1.4 million loss in 2025.
Paid € 2,335 in corporate taxes since 2023.
Management
The stake of VOLTA VENTURES II, InvestLink comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
StackGuardianBehind StackGuardian are Michael Lucassen, InvestLink NV, Akshat Tandon, DDL Management BV and Volta Ventures II COMMV. The shares are held by VOLTA VENTURES II (13%) and InvestLink (11.6%).
Directors
According to the 2025 annual accounts
Michael Lucassen
Director
since 2025
Director · represented by Staut Frank
Also active at: ABLE, nextAuth, EPIC Blue, Kappa Data Holding, Best Next Contact, Syntory, TRENDSKOUT, Jarviss +2 more
since 2022
Akshat Tandon
Director
since 2022
Director · represented by Driesen Karl
since 2022
since 2022
Shareholders
11.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kardinaal Mercierplein 2
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →FRUTAROM BELGIUM
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€ 477,015 gross margin · 2025
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+34 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.097.221
- VAT number
- BE 0795.097.221
- Registered office
- Kardinaal Mercierplein 2, 2800 Mechelen
- Names & denominations
- StackGuardian
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2022
- Peppol
- Active · Active since 30 Jul 2025
- Activities · NACE
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