What does TABAKSBEDRIJF STUBBE do?

TABAKSBEDRIJF STUBBE is registered with the CBE as active in: Vervaardiging van tabaksproducten. Public Limited, started on 27 May 1987, 1 establishment.

What is the address of TABAKSBEDRIJF STUBBE?

The registered office of TABAKSBEDRIJF STUBBE is located at Plasstraat 6, 8980 Zonnebeke.

Is TABAKSBEDRIJF STUBBE still active?

Yes. According to the CBE (30 October 2026) TABAKSBEDRIJF STUBBE is active, legal situation “Normale toestand”, started on 27 May 1987.

Is TABAKSBEDRIJF STUBBE registered on Peppol?

Yes, TABAKSBEDRIJF STUBBE is registered on the Peppol network with ID 0208:0431207164.

What is the enterprise number of TABAKSBEDRIJF STUBBE?

The enterprise number of TABAKSBEDRIJF STUBBE is BE0431207164.

When was TABAKSBEDRIJF STUBBE founded?

TABAKSBEDRIJF STUBBE was founded on 27 May 1987.

Who are the directors of TABAKSBEDRIJF STUBBE?

According to the 2025 annual accounts, the directors of TABAKSBEDRIJF STUBBE are: De Veldhoek BV, Goedele Masschelein.

Is TABAKSBEDRIJF STUBBE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 1987; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TABAKSBEDRIJF STUBBE make in 2025?

TABAKSBEDRIJF STUBBE posted a profit after taxes of € 5,687,643 in financial year 2025.

What is the revenue of TABAKSBEDRIJF STUBBE?

In its most recent annual accounts (2025), TABAKSBEDRIJF STUBBE reported revenue of € 28,194,339.

How much does an employee at TABAKSBEDRIJF STUBBE earn?

The average wage cost per full-time employee at TABAKSBEDRIJF STUBBE was € 67,000 in 2025: staff costs of € 1.5 million for 22.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TABAKSBEDRIJF STUBBE have?

According to the 2025 annual accounts, TABAKSBEDRIJF STUBBE has 22.6 full-time equivalents (FTE).

TABAKSBEDRIJF STUBBE (Public Limited) - Zonnebeke

Dossier TABAKSBEDRIJF STUBBE, printed on 30 October 2026 from databakkes.be/en/0431207164/tabaksbedrijf-stubbe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TABAKSBEDRIJF STUBBE from Zonnebeke, company number BE0431207164, closed financial year 2025 with a result of € 5.7 million after tax. For that financial year TABAKSBEDRIJF STUBBE recorded revenue of € 28.2 million and equity of € 50.2 million. Compared with financial year 2024, the result moved from € 5.7 million to € 5.7 million. 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 October 16, 2025.

What it is worth Growing

€ 50.2 million

▲ 13% vs 2024

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

Profit Healthy

€ 5.7 million

Profit after tax over the fiscal year.

Cash in the bank

€ 14.7 million

▼ 6% 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 € 42.1 million.

People and assets in 2025

Full-time equivalents

22.6

▲ 2.2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.5 million

▲ 18% vs 2024

€ 67,000 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

€ 234,628

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 926,667

▼ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.

Taxes and wages

€ 608,733

▲ 167% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 30,041,517 Revenue 2022: € 30,041,517 First fiscal year in the series	€ 24,991,625 Revenue 2023: € 24,991,625 ▼ 17% vs 2022 (€ 30,041,517) Unfavourable step	€ 27,899,980 Revenue 2024: € 27,899,980 ▲ 12% vs 2023 (€ 24,991,625) Favourable step	€ 28,194,339 Revenue 2025: € 28,194,339 ▲ 1% vs 2024 (€ 27,899,980) Favourable step	▲ 1%
Profit after taxes	€ 5,564,167 Profit after taxes 2022: € 5,564,167 First fiscal year in the series	€ 4,079,981 Profit after taxes 2023: € 4,079,981 ▼ 27% vs 2022 (€ 5,564,167) Unfavourable step	€ 5,688,739 Profit after taxes 2024: € 5,688,739 ▲ 39% vs 2023 (€ 4,079,981) Favourable step	€ 5,687,643 Profit after taxes 2025: € 5,687,643 Unchanged (€ 5,688,739) Unfavourable step
Equity	€ 28,179,520 Equity 2022: € 28,179,520 First fiscal year in the series	€ 30,808,235 Equity 2023: € 30,808,235 ▲ 9% vs 2022 (€ 28,179,520) Favourable step	€ 44,496,868 Equity 2024: € 44,496,868 ▲ 44% vs 2023 (€ 30,808,235) Favourable step	€ 50,184,421 Equity 2025: € 50,184,421 ▲ 13% vs 2024 (€ 44,496,868) Favourable step	▲ 13%
Total debts	€ 2,744,080 Total debts 2022: € 2,744,080 First fiscal year in the series	€ 5,041,731 Total debts 2023: € 5,041,731 ▲ 84% vs 2022 (€ 2,744,080) Unfavourable step	€ 3,388,361 Total debts 2024: € 3,388,361 ▼ 33% vs 2023 (€ 5,041,731) Favourable step	€ 2,709,093 Total debts 2025: € 2,709,093 ▼ 20% vs 2024 (€ 3,388,361) Favourable step	▼ 20%
Cash	€ 4,905,743 Cash 2022: € 4,905,743 First fiscal year in the series	€ 10,701,860 Cash 2023: € 10,701,860 ▲ 118% vs 2022 (€ 4,905,743) Favourable step	€ 15,718,618 Cash 2024: € 15,718,618 ▲ 47% vs 2023 (€ 10,701,860) Favourable step	€ 14,701,501 Cash 2025: € 14,701,501 ▼ 6% vs 2024 (€ 15,718,618) Unfavourable step	▼ 6%
Land & buildings	€ 427,716 Land & buildings 2022: € 427,716 First fiscal year in the series	€ 408,066 Land & buildings 2023: € 408,066 ▼ 5% vs 2022 (€ 427,716) Unchanged	€ 742,379 Land & buildings 2024: € 742,379 ▲ 82% vs 2023 (€ 408,066) Unchanged	€ 1,497,916 Land & buildings 2025: € 1,497,916 ▲ 102% vs 2024 (€ 742,379) Unchanged	▲ 102%
Retained profit	€ 28,117,177 Retained profit 2022: € 28,117,177 First fiscal year in the series	€ 30,745,997 Retained profit 2023: € 30,745,997 ▲ 9% vs 2022 (€ 28,117,177) Favourable step	€ 36,434,736 Retained profit 2024: € 36,434,736 ▲ 19% vs 2023 (€ 30,745,997) Favourable step	€ 42,122,380 Retained profit 2025: € 42,122,380 ▲ 16% vs 2024 (€ 36,434,736) Favourable step	▲ 16%
Dividend	€ 20,854,684 Dividend 2022: € 20,854,684 First fiscal year in the series	€ 1,451,161 Dividend 2023: € 1,451,161 ▼ 93% vs 2022 (€ 20,854,684) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,451,161) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 30,923,600 Balance sheet total 2022: € 30,923,600 First fiscal year in the series	€ 35,849,966 Balance sheet total 2023: € 35,849,966 ▲ 16% vs 2022 (€ 30,923,600) Unchanged	€ 47,885,229 Balance sheet total 2024: € 47,885,229 ▲ 34% vs 2023 (€ 35,849,966) Unchanged	€ 52,893,514 Balance sheet total 2025: € 52,893,514 ▲ 10% vs 2024 (€ 47,885,229) Unchanged	▲ 10%
Employees (FTE)	21.4 Employees (FTE) 2022: 21.4 First fiscal year in the series	19.2 Employees (FTE) 2023: 19.2 ▼ 2.2 vs 2022 (21.4) Unchanged	20.4 Employees (FTE) 2024: 20.4 ▲ 1.2 vs 2023 (19.2) Unchanged	22.6 Employees (FTE) 2025: 22.6 ▲ 2.2 vs 2024 (20.4) Unchanged	▲ 2.2

Key figures of TABAKSBEDRIJF STUBBE, 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 October 2026.

What happened to TABAKSBEDRIJF STUBBE?

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

Oct 16, 2025 New annual accounts for financial year 2025: profit of € 5.7 million. Source: NBB ↗
Jun 10, 1987 New establishment in Zonnebeke. KBO
May 27, 1987 Start of the company according to the CBE. KBO

In short

From € 5.6 million profit in 2022 to € 5.7 million profit in 2025.

Paid € 7.1 million in corporate taxes since 2022.

Best year ever: 2024, with € 5.7 million profit.

Paid out € 22.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DE VELDHOEK 100%

The stake of DE VELDHOEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TABAKSBEDRIJF STUBBE

Behind TABAKSBEDRIJF STUBBE are De Veldhoek BV and Goedele Masschelein. The shares are held by DE VELDHOEK (100%).

Directors

According to the 2025 annual accounts

De Veldhoek BV

Managing director · represented by Lieven Stubbe

Also active at: FLANDRIA - Tabak, sigaren en sigarettenfabriek, IMMO STUBBE, STUBBE TOBACCO TRADING, AllPhi Group

Goedele Masschelein

Managing director

Also active at: FLANDRIA - Tabak, sigaren en sigarettenfabriek, IMMO STUBBE, DE VELDHOEK, STUBBE TOBACCO TRADING

Shareholders

DE VELDHOEK

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Plasstraat 6

8980 Zonnebeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

IMMO STUBBE same network

€ 972,943 gross margin · 2025

DE VELDHOEK same network

€ 20.6 million revenue · 2025

FISCALE GROEP STUBBE

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0431.207.164

VAT number

BE 0431.207.164

Registered office

Plasstraat 6, 8980 Zonnebeke

Names & denominations

TABAKSBEDRIJF STUBBE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 May 1987

Peppol

Active · Active since 11 Jun 2025

Activities · NACE

Vervaardiging van tabaksproducten

Groothandel in tabaksproducten

Detailhandel in tabaksproducten

View on CBE Public ↗ Annual accounts (NBB) ↗

TABAKSBEDRIJF STUBBE

Financials

What happened to TABAKSBEDRIJF STUBBE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions