Financials
Financial year 2025
STAEL from Brugge, company number BE0415560866, closed financial year 2025 with a result of € 411,297 after tax. For that financial year STAEL recorded a gross margin of € 2.5 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 452,116 to € 411,297. 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 29, 2026.
€ 4.4 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 411,297
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 11% 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 € 4.4 million.
People and assets in 2025
9.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 693,886
▲ 4% vs 2024
€ 70,800 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.
€ 124,319
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 172,698
▼ 26% vs 2024
€ 59,749 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 82,273
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,706
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,697,191 | € 2,038,495 | € 2,380,362 | € 2,460,383 | ▲ 3% |
| Profit after taxes | € 338,541 | € 387,563 | € 452,116 | € 411,297 | ▼ 9% |
| Equity | € 3,198,602 | € 3,586,165 | € 4,038,281 | € 4,449,578 | ▲ 10% |
| Total debts | € 413,371 | € 401,655 | € 335,293 | € 264,676 | ▼ 21% |
| Cash | € 134,209 | € 132,808 | € 922,384 | € 1,024,803 | ▲ 11% |
| Land & buildings | € 1,605,573 | € 1,578,253 | € 1,560,232 | € 1,542,281 | ▼ 1% |
| Retained profit | € 3,119,908 | € 3,507,471 | € 3,959,587 | € 4,370,884 | ▲ 10% |
| Bank debt | € 351,411 | € 291,662 | € 231,913 | € 172,698 | ▼ 26% |
| Balance sheet total | € 3,829,184 | € 4,193,786 | € 4,564,574 | € 4,892,696 | ▲ 7% |
| Employees (FTE) | 9 | 9.9 | 10 | 9.8 | ▼ 0.2 |
Key figures of STAEL, 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 STAEL?
What happened at STAEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 411,297 (▼ 9% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Sonia Degrande became a director. NBB
- Georges Stael became a director. NBB
- Frasa NV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 338,541 profit in 2022 to € 411,297 profit in 2025.
Paid € 440,641 in corporate taxes since 2022.
Best year ever: 2024, with € 452,116 profit.
On average € 251,100 of value added per employee in 2025.
Management
Behind STAEL are Sonia Degrande, Georges Stael and Frasa NV. Sonia Degrande is also behind FRASA.
Establishments
Establishment units
Physical locations of this company
Katelijnestraat 4
8000 Brugge
Katelijnestraat 47
8000 Brugge
Active since 1 January 2010
Katelijnestraat 56
8000 Brugge
Active since 12 June 2013
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
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
brugesboattour.com
Registered
2022-11-22
Registrar
Combell NV
Expires
2026-11-22
Website info
Features
Security
Network
Details
- Company number
- 0415.560.866
- VAT number
- BE 0415.560.866
- Registered office
- Katelijnestraat 4, 8000 Brugge
- Names & denominations
- STAEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1975
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- brugesboattour.com
- Activities · NACE
Personenvervoer over binnenwateren
Binnenvaart
Overige niet-gespecialiseerde detailhandel
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels
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