STEWAL is a metalworking company in Ronse. Public Limited, started on 16 December 1987, 1 establishment.

What is the address of STEWAL?

The registered office of STEWAL is located at Klein Frankrijkstraat 19, 9600 Ronse.

Is STEWAL still active?

Yes. According to the CBE (29 October 2026) STEWAL is active, legal situation “Normale toestand”, started on 16 December 1987.

Is STEWAL registered on Peppol?

Yes, STEWAL is registered on the Peppol network with ID 0208:0432837259.

What is the enterprise number of STEWAL?

The enterprise number of STEWAL is BE0432837259.

When was STEWAL founded?

STEWAL was founded on 16 December 1987.

Who are the directors of STEWAL?

According to the 2025 annual accounts, the directors of STEWAL are: Stewalindus NV.

Is STEWAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 December 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did STEWAL make in 2025?

STEWAL posted a profit after taxes of € 197,131 in financial year 2025.

What is the revenue of STEWAL?

As a small company, STEWAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,574,895.

How much does an employee at STEWAL earn?

The average wage cost per full-time employee at STEWAL was € 69,600 in 2025: staff costs of € 1.1 million for 16.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does STEWAL have?

According to the 2025 annual accounts, STEWAL has 16.4 full-time equivalents (FTE).

STEWAL (Public Limited) - Ronse - BE0432837259

Dossier STEWAL, printed on 29 October 2026 from databakkes.be/en/0432837259/stewal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

STEWAL from Ronse, company number BE0432837259, closed financial year 2025 with a result of € 197,131 after tax. For that financial year STEWAL recorded a gross margin of € 1.6 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 113,830 to € 197,131. Profitable, and profit is growing. 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 July 8, 2026.

What it is worth Growing

€ 1.4 million

▲ 6% vs 2024

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

Profit Growing

€ 197,131

▲ 73% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 508,872

▼ 2% vs 2024

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

Where the profit goes Pays out

€ 115,000 paid out

58 % of the profit went to the shareholders, mostly to STEWALINDUS (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

16.4

▲ 0.3 vs 2024

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

Wage cost

€ 1.1 million

▲ 4% vs 2024

€ 69,600 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

€ 162,089

▼ 11% vs 2024

Of which on lease € 122,311.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 149,138

▼ 19% vs 2024

€ 28,108 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 153,647

▼ 6% vs 2024

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

Taxes and wages

€ 314,761

▲ 83% 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
Gross margin	€ 1,470,533 Gross margin 2022: € 1,470,533 First fiscal year in the series	€ 1,475,659 Gross margin 2023: € 1,475,659 Unchanged (€ 1,470,533) Favourable step	€ 1,452,681 Gross margin 2024: € 1,452,681 ▼ 2% vs 2023 (€ 1,475,659) Unfavourable step	€ 1,574,895 Gross margin 2025: € 1,574,895 ▲ 8% vs 2024 (€ 1,452,681) Favourable step	▲ 8%
Profit after taxes	€ 252,261 Profit after taxes 2022: € 252,261 First fiscal year in the series	€ 270,334 Profit after taxes 2023: € 270,334 ▲ 7% vs 2022 (€ 252,261) Favourable step	€ 113,830 Profit after taxes 2024: € 113,830 ▼ 58% vs 2023 (€ 270,334) Unfavourable step	€ 197,131 Profit after taxes 2025: € 197,131 ▲ 73% vs 2024 (€ 113,830) Favourable step	▲ 73%
Equity	€ 1,307,584 Equity 2022: € 1,307,584 First fiscal year in the series	€ 1,202,911 Equity 2023: € 1,202,911 ▼ 8% vs 2022 (€ 1,307,584) Unfavourable step	€ 1,316,741 Equity 2024: € 1,316,741 ▲ 9% vs 2023 (€ 1,202,911) Favourable step	€ 1,398,872 Equity 2025: € 1,398,872 ▲ 6% vs 2024 (€ 1,316,741) Favourable step	▲ 6%
Total debts	€ 645,279 Total debts 2022: € 645,279 First fiscal year in the series	€ 1,092,372 Total debts 2023: € 1,092,372 ▲ 69% vs 2022 (€ 645,279) Unfavourable step	€ 616,480 Total debts 2024: € 616,480 ▼ 44% vs 2023 (€ 1,092,372) Favourable step	€ 796,901 Total debts 2025: € 796,901 ▲ 29% vs 2024 (€ 616,480) Unfavourable step	▲ 29%
Cash	€ 727,780 Cash 2022: € 727,780 First fiscal year in the series	€ 576,219 Cash 2023: € 576,219 ▼ 21% vs 2022 (€ 727,780) Unfavourable step	€ 521,183 Cash 2024: € 521,183 ▼ 10% vs 2023 (€ 576,219) Unfavourable step	€ 508,872 Cash 2025: € 508,872 ▼ 2% vs 2024 (€ 521,183) Unfavourable step	▼ 2%
Retained profit	€ 882,584 Retained profit 2022: € 882,584 First fiscal year in the series	€ 777,911 Retained profit 2023: € 777,911 ▼ 12% vs 2022 (€ 882,584) Unfavourable step	€ 891,741 Retained profit 2024: € 891,741 ▲ 15% vs 2023 (€ 777,911) Favourable step	€ 973,872 Retained profit 2025: € 973,872 ▲ 9% vs 2024 (€ 891,741) Favourable step	▲ 9%
Dividend	€ 75,000 Dividend 2022: € 75,000 First fiscal year in the series	€ 375,006 Dividend 2023: € 375,006 ▲ € 300,006 vs 2022 (€ 75,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 375,006) Unchanged	€ 115,000 Dividend 2025: € 115,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 218,104 Bank debt 2023: € 218,104 Unchanged (€ 0) Unfavourable step	€ 185,217 Bank debt 2024: € 185,217 ▼ 15% vs 2023 (€ 218,104) Favourable step	€ 149,138 Bank debt 2025: € 149,138 ▼ 19% vs 2024 (€ 185,217) Favourable step	▼ 19%
Balance sheet total	€ 2,022,992 Balance sheet total 2022: € 2,022,992 First fiscal year in the series	€ 2,312,694 Balance sheet total 2023: € 2,312,694 ▲ 14% vs 2022 (€ 2,022,992) Unchanged	€ 1,945,633 Balance sheet total 2024: € 1,945,633 ▼ 16% vs 2023 (€ 2,312,694) Unchanged	€ 2,208,655 Balance sheet total 2025: € 2,208,655 ▲ 14% vs 2024 (€ 1,945,633) Unchanged	▲ 14%
Employees (FTE)	17.9 Employees (FTE) 2022: 17.9 First fiscal year in the series	16.6 Employees (FTE) 2023: 16.6 ▼ 1.3 vs 2022 (17.9) Unchanged	16.1 Employees (FTE) 2024: 16.1 ▼ 0.5 vs 2023 (16.6) Unchanged	16.4 Employees (FTE) 2025: 16.4 ▲ 0.3 vs 2024 (16.1) Unchanged	▲ 0.3

Key figures of STEWAL, 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 STEWAL?

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

2029 Stewalindus NV stepped down as director. NBB
Jul 8, 2026 New annual accounts for financial year 2025: profit of € 197,131 (▲ 73% vs 2024). Source: NBB ↗
2023 Stewalindus NV became a director. NBB
Dec 16, 1987 New establishment in Ronse. KBO
Dec 16, 1987 Start of the company according to the CBE. KBO

In short

From € 252,261 profit in 2022 to € 197,131 profit in 2025.

Paid € 104,267 in corporate taxes since 2022.

Best year ever: 2023, with € 270,334 profit.

On average € 96,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

STEWALINDUS 100%

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

STEWAL

The shares are held by STEWALINDUS (100%).

Directors

According to the 2025 annual accounts

Stewalindus NV

Managing director · represented by An-Sylvie Steenhoudt

Also active at: ONDERNEMERSCENTRUM RONSE

since 2023 · until 2029

Shareholders

STEWALINDUS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Klein Frankrijkstraat 19

9600 Ronse

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 →

STEWALINDUS same network

€ 204,360 gross margin · 2025

STEWAL BTW-EENHEID

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

Details

Company number

0432.837.259

VAT number

BE 0432.837.259

Registered office

Klein Frankrijkstraat 19, 9600 Ronse

Names & denominations

STEWAL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 December 1987

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Vervaardiging van vormkasten en gietvormen

Verspanend bewerken van metalen

Algemene metaalbewerking

View on CBE Public ↗ Annual accounts (NBB) ↗

STEWAL

Financials

What happened to STEWAL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions