Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 41.8 to 28.1.
Financials
Financial year 2025
STEENO from Geraardsbergen, company number BE0413788538, closed financial year 2025 with a result of € -25,365 after tax. For that financial year STEENO recorded a gross margin of € 2.4 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 87,426 to € -25,365. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 5.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,365
▼ still € 87,426 profit in 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.2 million.
People and assets in 2025
28.1
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 6% vs 2024
€ 66,500 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.
€ 332,550
▲ € 295,294 vs 2024
Of which on lease € 310,837.
Debts at end 2025
€ 2.4 million
▲ 14% vs 2024
€ 388,636 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 845,443
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 212,389
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,405,795 | € 2,315,860 | € 2,292,719 | € 2,429,721 | ▲ 6% |
| Profit after taxes | € 492,196 | € -365,112 | € 87,426 | € -25,365 | ▼ € 112,791 |
| Equity | € 5,620,424 | € 5,255,313 | € 5,342,739 | € 5,317,373 | |
| Total debts | € 3,288,932 | € 3,445,040 | € 3,606,083 | € 5,507,856 | ▲ 53% |
| Cash | € 433,799 | € 349,418 | € 862,254 | € 1,993,639 | ▲ 131% |
| Land & buildings | € 1,783,412 | € 1,706,619 | € 1,519,712 | € 1,449,737 | ▼ 5% |
| Retained profit | € 4,520,424 | € 4,155,313 | € 4,242,739 | € 4,217,373 | ▼ 1% |
| Bank debt | € 705,452 | € 1,678,008 | € 2,121,826 | € 2,423,981 | ▲ 14% |
| Balance sheet total | € 8,909,356 | € 8,700,353 | € 8,948,822 | € 10,825,229 | ▲ 21% |
| Employees (FTE) | 40.7 | 41.8 | 35.1 | 28.1 | ▼ 7 |
Key figures of STEENO, 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 STEENO?
What happened at STEENO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,365 (▼ € 112,791 vs 2024). filed late Source: NBB ↗
- Filip Vandesteene became a director. NBB
- Renaat Vandesteene became a director. NBB
- Bart Vandesteene became a director. NBB
- Paul Vandesteene became a director. NBB
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 492,196 profit in 2022 to € 25,365 loss in 2025.
Paid € 7,580 in corporate taxes since 2022.
Best year ever: 2022, with € 492,196 profit.
On average € 86,500 of value added per employee in 2025.
Management
Behind STEENO are Filip Vandesteene, Renaat Vandesteene, Bart Vandesteene and Paul Vandesteene. Filip Vandesteene is also behind VANOMETAAL. Bart Vandesteene is also behind VANOMETAAL.
Directors
According to the 2025 annual accounts
since 2022
Renaat Vandesteene
Director
since 2022
since 2022
Paul Vandesteene
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Voldersstraat(Onk) 18
9500 Geraardsbergen
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
- 0413.788.538
- VAT number
- BE 0413.788.538
- Registered office
- Voldersstraat(Onk) 18, 9500 Geraardsbergen
- Names & denominations
- STEENO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1973
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Vervaardiging van landbouwtractoren