Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STOGEMA from Tournai, company number BE0424184265, closed financial year 2025 with a result of € -139,448 after tax. For that financial year STOGEMA recorded a gross margin of € 399,410 and equity of € 995,842. Compared with financial year 2024, the result moved from € -50,810 to € -139,448. 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 July 6, 2026.
€ 995,842
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -139,448
▼ 174 % more loss than in 2024
Profit after tax over the fiscal year.
€ 9,452
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 931,389.
People and assets in 2025
6.9
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 312,583
▲ 23% vs 2024
€ 45,300 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.
€ 51,779
▲ 100% vs 2024
Of which on lease € 46,530.
Debts at end 2025
€ 213,440
▼ 6% vs 2024
€ 58,609 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 371,624
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,244
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 330,017 | € 369,542 | € 390,357 | € 399,410 | ▲ 2% |
| Profit after taxes | € -51,343 | € -51,137 | € -50,810 | € -139,448 | ▼ € 88,638 |
| Equity | € 1,237,237 | € 1,186,100 | € 1,135,290 | € 995,842 | ▼ 12% |
| Total debts | € 802,696 | € 936,079 | € 1,032,233 | € 1,342,412 | ▲ 30% |
| Cash | € 71,878 | € 142,046 | € 38,367 | € 9,452 | ▼ 75% |
| Land & buildings | € 1,608,622 | € 1,505,573 | € 1,511,609 | € 1,429,878 | ▼ 5% |
| Retained profit | € 1,172,784 | € 1,121,648 | € 1,070,838 | € 931,389 | ▼ 13% |
| Bank debt | € 415,022 | € 312,056 | € 226,801 | € 213,440 | ▼ 6% |
| Balance sheet total | € 2,358,122 | € 2,411,093 | € 2,427,893 | € 2,570,830 | ▲ 6% |
| Employees (FTE) | 3.9 | 5.6 | 6.7 | 6.9 | ▲ 0.2 |
Key figures of STOGEMA, 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 STOGEMA?
What happened at STOGEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Irène Windels stepped down as director. NBB
- SGGV SA stepped down as director. NBB
- TRANSPORTS BYL SA stepped down as director. NBB
- Fredy Vanderhaegen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 139,448. Source: NBB ↗
- New establishment in Tournai. KBO
- New establishment in Tournai. KBO
- New establishment in Tournai. KBO
In short
From € 51,343 loss in 2022 to € 139,448 loss in 2025.
Paid € 5,037 in corporate taxes since 2022.
On average € 57,900 of value added per employee in 2025.
Management
The stake of S.G.G.V comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STOGEMAThe shares are held by S.G.G.V (99.2%). It owns 34.1% of Transport BYL itself.
Directors
According to the 2025 annual accounts
Irène Windels
Director
since 2023 · until 2029
since 2023 · until 2029
Director · represented by Françoise Vanderhaegen
since 2023 · until 2029
since 2023 · until 2029
Shareholders
99.2%
Participations
34.1%
Establishments
Establishment units
Physical locations of this company
Rue de l'Ancienne Potence(MAR) SN
7522 Tournai
Rue du Mont d'Orcq(FRY) 11
7503 Tournai
Active since 1 January 2024
Rue de la Terre à Briques(OR) 1
7501 Tournai
Active since 1 January 2024
Rue de la Terre à Briques(OR) 6
7501 Tournai
Active since 1 October 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.184.265
- VAT number
- BE 0424.184.265
- Registered office
- Rue de l'Ancienne Potence(MAR) SN, 7522 Tournai
- Names & denominations
- STOGEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1983
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Opslag
Overige opslag