Bankrupt · Opening faillissement (CBE)

STAALCO

BE0864344234

Rechtspersoon Private limited company 1 establishment

STAALCO is a wholesaler in Gistel. Private Limited, started on 26 March 2004, 1 establishment.

Rochesterlaan 1, 8470 Gistel

Behind the company: Stefaan Stael, Frans Stael.

Start date

26 March 2004

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 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

STAALCO from Gistel, company number BE0864344234, closed financial year 2023 with a result of € -20,912 after tax. For that financial year STAALCO recorded a gross margin of € 280,066 and equity of € -80,575. Compared with financial year 2022, the result moved from € -126,870 to € -20,912. 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 31, 2024.

What it is worth Caution

€ -80,575

▼ € 20,912 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -20,912

▲ 84 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 13,444

▼ 78% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -853,575.

People and assets in 2023

Full-time equivalents

5.1

▲ 1.8 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 201,111

▲ 69% vs 2022

€ 39,400 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.

Vehicles and equipment

€ 65,412

▲ € 59,826 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 5 years to go

€ 950,818

▼ 8% vs 2022

€ 129,389 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 394,844

▼ 47% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 158,567

▼ 43% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 201,168 € 121,106 € 280,066 ▲ 131%
Profit after taxes € -59,287 € -126,870 € -20,912 ▲ € 105,958
Equity € 67,207 € -59,663 € -80,575 ▼ € 20,912
Total debts € 2,291,210 € 2,820,514 € 2,849,670 ▲ 1%
Cash € 9,316 € 60,423 € 13,444 ▼ 78%
Land & buildings € 693,078 € 669,458 € 703,877 ▲ 5%
Retained profit € -705,793 € -832,663 € -853,575 ▼ € 20,912
Bank debt € 1,136,094 € 1,037,385 € 950,818 ▼ 8%
Balance sheet total € 2,358,418 € 2,760,851 € 2,769,095
Employees (FTE) 3 3.3 5.1 ▲ 1.8

Key figures of STAALCO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to STAALCO?

What happened at STAALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

STAALCO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 20,912. filed late Source: NBB ↗
  • New establishment in Gistel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 59,287 loss in 2021 to € 20,912 loss in 2023.

Paid € 995 in corporate taxes since 2021.

On average € 54,900 of value added per employee in 2023.

Management

The stake of STOCK SUPER SHOP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

STAALCO

Behind STAALCO are Stefaan Stael and Frans Stael. The shares are held by STOCK SUPER SHOP (48%).

See the full network in the app

Directors

According to the 2023 annual accounts

Stefaan Stael

Director

Also active at: STOCK SUPER SHOP, COMPO-PANEL, Stael Building

Frans Stael

Director

Also active at: STOCK SUPER SHOP

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rochesterlaan 1

8470 Gistel

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
0864.344.234
VAT number
BE 0864.344.234
Registered office
Rochesterlaan 1, 8470 Gistel
Names & denominations
STAALCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
26 March 2004
Peppol
Active · Active since 8 Apr 2022
Activities · NACE

Groothandel in metalen en metaalertsen

Groothandel in hout

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in ijzerwaren

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Frequently asked questions

What does STAALCO do?
STAALCO is a wholesaler in Gistel. Private Limited, started on 26 March 2004, 1 establishment.
What is the address of STAALCO?
The registered office of STAALCO is located at Rochesterlaan 1, 8470 Gistel.
Is STAALCO still active?
No. The CBE lists STAALCO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is STAALCO registered on Peppol?
Yes, STAALCO is registered on the Peppol network with ID 0208:0864344234.
What is the enterprise number of STAALCO?
The enterprise number of STAALCO is BE0864344234.
When was STAALCO founded?
STAALCO was founded on 26 March 2004.