Active · per the CBE, 30 October 2026
STOVE logo

STOVE

BE0425869986

Rechtspersoon Private limited company 1 establishment

STOVE is a machinery manufacturer in Izegem. Private Limited, started on 20 June 1984, 1 establishment.

Lodewijk de Raetlaan 37, 8870 Izegem autoliftenstove.be

Behind the company: Kurt STOVE.

Active for

42 year, 4 months

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 8.2 to 6.8.

Financials

Financial year 2025

STOVE from Izegem, company number BE0425869986, closed financial year 2025 with a result of € 135,103 after tax. For that financial year STOVE recorded a gross margin of € 833,487 and equity of € 490,171. Compared with financial year 2024, the result moved from € 4,857 to € 135,103. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.

What it is worth Growing

€ 490,171

▲ 38% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 135,103

▲ € 130,246 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 81,915

▼ 36% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 478,961.

People and assets in 2025

Full-time equivalents

6.8

▼ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 482,093

▼ 21% vs 2024

€ 70,900 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.

Vehicles and equipment

€ 174,073

▼ 12% vs 2024

Of which on lease € 109,318.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 615,297

▼ 6% vs 2024

€ 84,291 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 551,299

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 86,696

▲ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 628,994 € 714,580 € 781,534 € 833,487 ▲ 7%
Profit after taxes € 13,276 € 17,228 € 4,857 € 135,103 ▲ € 130,246
Equity € 602,578 € 619,806 € 355,068 € 490,171 ▲ 38%
Total debts € 1,099,383 € 1,517,304 € 1,381,285 € 1,302,036 ▼ 6%
Cash € 41,180 € 90,359 € 128,714 € 81,915 ▼ 36%
Land & buildings € 248,281 € 233,038 - -
Retained profit € 582,738 € 599,966 € 343,857 € 478,961 ▲ 39%
Bank debt € 381,283 € 597,659 € 651,802 € 615,297 ▼ 6%
Balance sheet total € 1,701,961 € 2,137,110 € 1,736,352 € 1,792,207 ▲ 3%
Employees (FTE) 8.4 8.2 8.1 6.8 ▼ 1.3

Key figures of STOVE, 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 STOVE?

What happened at STOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 135,103 (▲ € 130,246 vs 2024). filed late Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 13,276 profit in 2022 to € 135,103 profit in 2025.

Paid € 120,267 in corporate taxes since 2022.

Best year ever: 2025, with € 135,103 profit.

On average € 122,600 of value added per employee in 2025.

Management

Kurt STOVE
STOVE

Behind STOVE is Kurt STOVE. Kurt STOVE is also behind STOVE INVEST.

Directors

According to the 2025 annual accounts

Kurt STOVE

Director

Also active at: STOVE INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Lodewijk de Raetlaan 37

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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

Google AnalyticsGoogle FontsGoogle Tag ManagerSlickiubenda

Website info

HTTPS Ja
Languages EN, ES, FR, NL

Features

Ads Contact page

Details

Company number
0425.869.986
VAT number
BE 0425.869.986
Registered office
Lodewijk de Raetlaan 37, 8870 Izegem
Names & denominations
STOVE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 June 1984
Peppol
Active · Active since 12 Dec 2025
Activities · NACE

Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg

Vervaardiging van andere gereedschapswerktuigen, n.e.g.

Vervaardiging van gereedschap, muv vormkasten en gietvormen

Groothandel in ijzerwaren

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Vervaardiging van gereedschap

Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen

Frequently asked questions

What does STOVE do?
STOVE is a machinery manufacturer in Izegem. Private Limited, started on 20 June 1984, 1 establishment.
What is the address of STOVE?
The registered office of STOVE is located at Lodewijk de Raetlaan 37, 8870 Izegem.
Is STOVE still active?
Yes. According to the CBE (30 October 2026) STOVE is active, legal situation “Normale toestand”, started on 20 June 1984.
Is STOVE registered on Peppol?
Yes, STOVE is registered on the Peppol network with ID 0208:0425869986.
What is the enterprise number of STOVE?
The enterprise number of STOVE is BE0425869986.
When was STOVE founded?
STOVE was founded on 20 June 1984.