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 1 of the last 4 fiscal years.
Financials
Financial year 2025
STILLMATION from Herzele, company number BE0881494626, closed financial year 2025 with a result of € -25,182 after tax. For that financial year STILLMATION recorded a gross margin of € -19,218 and equity of € -6,389. Compared with financial year 2024, the result moved from € 10,500 to € -25,182. 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 December 15, 2025.
€ -6,389
▼ € 25,182 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,182
▼ still € 10,500 profit in 2024
Profit after tax over the fiscal year.
€ 18,529
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,089.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 339
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,122
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,056
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 984 | € 601 | € 17,334 | € -19,218 | ▼ € 36,552 |
| Profit after taxes | € -2,978 | € -3,282 | € 10,500 | € -25,182 | ▼ € 35,682 |
| Equity | € 11,575 | € 8,293 | € 18,793 | € -6,389 | ▼ € 25,182 |
| Total debts | € 31,999 | € 34,158 | € 36,849 | € 43,651 | ▲ 18% |
| Cash | € 20,388 | € 11,791 | € 33,112 | € 18,529 | ▼ 44% |
| Retained profit | € 2,875 | € -407 | € 10,093 | € -15,089 | ▼ € 25,182 |
| Balance sheet total | € 43,574 | € 42,451 | € 55,642 | € 37,262 | ▼ 33% |
Key figures of STILLMATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to STILLMATION?
What happened at STILLMATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,182 (▼ € 35,682 vs 2024). Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,978 loss in 2022 to € 25,182 loss in 2025.
Paid € 926 in corporate taxes since 2022.
Best year ever: 2024, with € 10,500 profit.
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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
Management
Behind STILLMATION is Robert Michael Mitchell.
Directors
According to the 2025 annual accounts
Robert Michael Mitchell
Director
Establishments
Establishment units
Physical locations of this company
Schoonderhage 2
9550 Herzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.494.626
- VAT number
- BE 0881.494.626
- Registered office
- Schoonderhage 2, 9550 Herzele
- Names & denominations
- STILLMATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2006
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
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