Financials
Financial year 2025
Stora Enso Belgium from Gent, company number BE0412925535, closed financial year 2025 with a result of € 192,502 after tax. For that financial year Stora Enso Belgium recorded a gross margin of € 4.1 million and equity of € 446,568. Compared with financial year 2024, the result moved from € 769,075 to € 192,502. The company is profitable. 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 June 30, 2026.
€ 446,568
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,502
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 312,418.
People and assets in 2025
28.2
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 12% vs 2024
€ 132,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 109,909
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 626,836
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,911,879 | € 3,024,235 | € 4,421,744 | € 4,076,795 | ▼ 8% |
| Profit after taxes | € 128,607 | € 137,902 | € 769,075 | € 192,502 | ▼ 75% |
| Equity | € 647,090 | € 784,992 | € 254,067 | € 446,568 | ▲ 76% |
| Total debts | € 683,701 | € 973,888 | € 2,304,036 | € 736,745 | ▼ 68% |
| Cash | € 1,234,704 | € 1,356,052 | € 2,608,159 | € 1,342,170 | ▼ 49% |
| Retained profit | € 512,940 | € 650,842 | € 119,917 | € 312,418 | ▲ 161% |
| Dividend | € 0 | € 0 | € 1,300,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,428,792 | € 1,848,056 | € 2,712,576 | € 1,401,006 | ▼ 48% |
| Employees (FTE) | 27.2 | 21.4 | 25.2 | 28.2 | ▲ 3 |
Key figures of Stora Enso Belgium, fiscal years 2022 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 Stora Enso Belgium?
What happened at Stora Enso Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KRISTIAN SAELAN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 192,502 (▼ 75% vs 2024). Source: NBB ↗
- ERKKI MAJORIN stepped down as director. NBB
- KRISTIAN SAELAN became a director. NBB
- MINNA BJORKMAN stepped down as director. NBB
- TUOMAS MUSTONEN stepped down as director. NBB
- MINNA BJORKMAN became a director. NBB
- TUOMAS MUSTONEN became a director. NBB
In short
From € 128,607 profit in 2022 to € 192,502 profit in 2025.
Paid € 493,579 in corporate taxes since 2022.
Best year ever: 2024, with € 769,075 profit.
On average € 144,600 of value added per employee in 2025.
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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
The shares are held by STORA ENSO OYJ (100%) and STORA ENSO GERMANY GMBH (0%).
Directors
According to the 2025 annual accounts
ERKKI MAJORIN
Director
since 2019 · until 2026
KRISTIAN SAELAN
Director
since 2025 · until 2028
TUOMAS MUSTONEN
Director
since 2024 · until 2025
MINNA BJORKMAN
Director
since 2025 · until 2025
Shareholders
STORA ENSO OYJ
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wondelgemkaai 200
9000 Gent
Land van Waaslaan(KAL) 3
9130 Beveren-Kruibeke-Zwijndrecht
Active since 1 April 2010
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
storaenso.com
Registered
1999-03-29
Registrar
CSC Corporate Domains, Inc.
Expires
2026-03-29
Website info
Features
Security
Details
- Company number
- 0412.925.535
- VAT number
- BE 0412.925.535
- Registered office
- Wondelgemkaai 200, 9000 Gent
- Names & denominations
- Stora Enso Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1973
- Peppol
- Active · Active since 20 Mar 2025
- Contact
- storaenso.com [email protected]
- Activities · NACE
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