Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
STING RAY from Sint-Jans-Molenbeek, company number BE0437174644, closed financial year 2025 with a result of € 276,853 after tax. For that financial year STING RAY recorded a gross margin of € 1.1 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 188,485 to € 276,853. 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 February 10, 2026.
€ 2.1 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 276,853
▲ 47% vs 2024
Profit after tax over the fiscal year.
€ 960,463
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 76,252
▲ 1% vs 2024
€ 76,300 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.
€ 5,777
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 9% vs 2024
€ 150,503 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 68,166
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,184
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 874,390 | € 887,669 | € 927,374 | € 1,087,380 | ▲ 17% |
| Profit after taxes | € 97,105 | € 89,722 | € 188,485 | € 276,853 | ▲ 47% |
| Equity | € 1,588,136 | € 1,677,858 | € 1,866,343 | € 2,143,196 | ▲ 15% |
| Total debts | € 3,983,994 | € 3,645,474 | € 3,417,441 | € 3,336,019 | ▼ 2% |
| Cash | € 858,496 | € 918,044 | € 960,427 | € 960,463 | |
| Land & buildings | € 4,107,307 | € 3,795,044 | € 3,670,304 | € 3,812,803 | ▲ 4% |
| Retained profit | € 1,526,136 | € 1,615,858 | € 1,804,343 | € 2,081,196 | ▲ 15% |
| Bank debt | € 1,688,837 | € 1,337,271 | € 1,162,725 | € 1,054,432 | ▼ 9% |
| Balance sheet total | € 5,897,393 | € 5,625,330 | € 5,562,517 | € 5,733,550 | ▲ 3% |
| Employees (FTE) | - | 0.9 | 1 | 1 |
Key figures of STING RAY, 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 STING RAY?
What happened at STING RAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erna WOLFS stepped down as director. NBB
- Marleen COLLEE stepped down as director. NBB
- MC CONSULTING stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 276,853 (▲ 47% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Joost-ten-Node. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,105 profit in 2022 to € 276,853 profit in 2025.
Paid € 336,387 in corporate taxes since 2022.
Best year ever: 2025, with € 276,853 profit.
On average € 1.1 million of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Erna WOLFS
Director
· until 2029
Marleen COLLEE
Director
· until 2029
Director · represented by Carla SIMAR
Also active at: M.C. BEHEER, DISTRIMO, SETRIMO, MARBO, HODEC, Puur Oceanis
· until 2029
Establishments
Establishment units
Physical locations of this company
Serenadestraat 33
1080 Sint-Jans-Molenbeek
Madouplein 6 7
1210 Sint-Joost-ten-Node
Active since 31 May 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0437.174.644
- VAT number
- BE 0437.174.644
- Registered office
- Serenadestraat 33, 1080 Sint-Jans-Molenbeek
- Names & denominations
- STING RAY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1989
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen