Financials
Financial year 2025
STEELS CONSTRUCTIONS from Wingene, company number BE0431290506, closed financial year 2025 with a result of € 969,910 after tax. For that financial year STEELS CONSTRUCTIONS recorded revenue of € 51.8 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 754,952 to € 969,910. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 4.4 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 969,910
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
10 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 595,324
▲ 14% vs 2024
€ 57,200 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.
€ 4.6 million
▲ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24.1 million
▼ 6% vs 2024
€ 18,200 is repaid this year. At this pace the long-term loan is gone in ≈ 1015 years.
€ 2.4 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 400,895
▲ € 348,616 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,846,820 | € 54,210,065 | € 55,030,590 | € 51,815,610 | ▼ 6% |
| Profit after taxes | € 1,115,652 | € 1,228,213 | € 754,952 | € 969,910 | ▲ 28% |
| Equity | € 1,811,180 | € 2,889,394 | € 3,544,345 | € 4,414,255 | ▲ 25% |
| Total debts | € 15,365,098 | € 26,834,976 | € 33,349,212 | € 35,093,383 | ▲ 5% |
| Cash | € 1,745,187 | € 158,448 | € 960,410 | € 1,313,147 | ▲ 37% |
| Retained profit | € 1,689,580 | € 2,767,794 | € 3,422,745 | € 4,292,655 | ▲ 25% |
| Dividend | € 100,000 | € 150,000 | € 100,000 | € 100,000 | |
| Bank debt | € 7,580,375 | € 20,200,897 | € 25,540,255 | € 24,088,535 | ▼ 6% |
| Balance sheet total | € 17,176,278 | € 29,739,235 | € 36,911,192 | € 39,532,230 | ▲ 7% |
| Employees (FTE) | 7.4 | 7.7 | 10.2 | 10.4 | ▲ 0.2 |
Key figures of STEELS CONSTRUCTIONS, 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 STEELS CONSTRUCTIONS?
What happened at STEELS CONSTRUCTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 969,910 (▲ 28% vs 2024). filed late Source: NBB ↗
- S-Works NV became a director. NBB
- New establishment in Wingene. KBO
- Krismar Stables NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 969,910 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
Paid out € 450,000 in dividends to the owners in total.
Management
Behind STEELS CONSTRUCTIONS are S-Works NV and Krismar Stables NV. The same people are also behind CALLEWAERT PALLETS, KRISMAR, OROTRA and Allévi Invest. S-Works NV is also behind ECO LOGIX, GREENSTYLE and DUSOL.
Directors
According to the 2025 annual accounts
Managing director · represented by Kris Callewaert
Also active at: CALLEWAERT PALLETS, KRISMAR, OROTRA, Allévi Invest, ECO LOGIX, GREENSTYLE, DUSOL
since 2023
Managing director · represented by Katrien Goemaere
Also active at: CALLEWAERT PALLETS, KRISMAR, OROTRA, Allévi Invest
since 2017
Establishments
Establishment units
Physical locations of this company
Hille-Zuid 2
8750 Wingene
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
- 0431.290.506
- VAT number
- BE 0431.290.506
- Registered office
- Hille-Zuid 2, 8750 Wingene
- Names & denominations
- STEELS CONSTRUCTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1987
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Vervaardiging van carrosserieën voor motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Verspanend bewerken van metalen
Handelsbemiddeling in de groothandel in andere specifieke goederen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in andere motorvoertuigen (> 3,5 ton)
+10