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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
STELINCO from Tienen, company number BE0433363237, closed financial year 2025 with a result of € -55,481 after tax. For that financial year STELINCO recorded a gross margin of € 111,486 and equity of € 609,303. Compared with financial year 2024, the result moved from € 3,147 to € -55,481. 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 June 30, 2026.
€ 609,303
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,481
▼ still € 3,147 profit in 2024
Profit after tax over the fiscal year.
€ 58,230
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 206,328.
People and assets in 2025
3
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 123,943
▼ 5% vs 2024
€ 41,300 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.
€ 26,930
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,740
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 29,558
▲ 260% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,312
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 180,591 | € 218,398 | € 198,013 | € 111,486 | ▼ 44% |
| Profit after taxes | € -781 | € 12,362 | € 3,147 | € -55,481 | ▼ € 58,628 |
| Equity | € 679,274 | € 661,636 | € 664,783 | € 609,303 | ▼ 8% |
| Total debts | € 269,602 | € 214,300 | € 136,239 | € 137,877 | ▲ 1% |
| Cash | € 148,677 | € 93,162 | € 103,744 | € 58,230 | ▼ 44% |
| Land & buildings | € 481,493 | € 429,048 | € 381,614 | € 349,970 | ▼ 8% |
| Retained profit | € 276,299 | € 258,661 | € 261,808 | € 206,328 | ▼ 21% |
| Dividend | € 30,000 | € 30,000 | € 0 | € 0 | |
| Bank debt | € 104,297 | € 62,758 | € 22,486 | € 6,740 | ▼ 70% |
| Balance sheet total | € 979,139 | € 903,447 | € 825,783 | € 769,188 | ▼ 7% |
| Employees (FTE) | 3.3 | 3.6 | 3.6 | 3 | ▼ 0.6 |
Key figures of STELINCO, 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 STELINCO?
What happened at STELINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 55,481 (▼ € 58,628 vs 2024). Source: NBB ↗
- Guido Steels became a director. NBB
- Martine STEELS became a director. NBB
- Reinhilde Schreurs became a director. NBB
- Stephanie Steels became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- New establishment in Sint-Truiden. KBO
- New establishment in Tienen. KBO
In short
From € 781 loss in 2022 to € 55,481 loss in 2025.
Paid € 23,788 in corporate taxes since 2022.
Best year ever: 2023, with € 12,362 profit.
On average € 37,200 of value added per employee in 2025.
Management
Behind STELINCO are Guido Steels, Martine STEELS, Reinhilde Schreurs and Stephanie Steels.
Directors
According to the 2025 annual accounts
Guido Steels
Director
since 2025
Martine STEELS
Director
since 2025
Reinhilde Schreurs
Director
since 2025
Stephanie Steels
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Leuvensestraat 40
3300 Tienen
Schepen Dejonghstraat 1
3800 Sint-Truiden
Active since 29 February 1988
Maastrichterstraat 82
3700 Tongeren-Borgloon
Active since 19 February 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
NL-BIT BIT BV, NL
Website info
Features
Security
Network
Details
- Company number
- 0433.363.237
- VAT number
- BE 0433.363.237
- Registered office
- Leuvensestraat 40, 3300 Tienen
- Names & denominations
- STELINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 1988
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- schoenensteels.be
- Activities · NACE
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