What does EURO - STEL do?

EURO - STEL is a metalworking company in Tongeren-Borgloon. Public Limited, started on 15 September 1990, 1 establishment.

What is the address of EURO - STEL?

The registered office of EURO - STEL is located at Maastrichtersteenweg 441, 3700 Tongeren-Borgloon.

Is EURO - STEL still active?

Yes. According to the CBE (31 October 2026) EURO - STEL is active, legal situation “Normale toestand”, started on 15 September 1990.

Is EURO - STEL registered on Peppol?

Yes, EURO - STEL is registered on the Peppol network with ID 0208:0441492827.

What is the enterprise number of EURO - STEL?

The enterprise number of EURO - STEL is BE0441492827.

When was EURO - STEL founded?

EURO - STEL was founded on 15 September 1990.

Who are the directors of EURO - STEL?

According to the 2025 annual accounts, the directors of EURO - STEL are: MICHIEL MOORS, MICHEL MOORS, EURO-STEL SERVICES BV.

Is EURO - STEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 September 1990; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did EURO - STEL make in 2025?

EURO - STEL posted a profit after taxes of € 91,135 in financial year 2025.

What is the revenue of EURO - STEL?

In its most recent annual accounts (2025), EURO - STEL reported revenue of € 6,221,470.

How much does an employee at EURO - STEL earn?

The average wage cost per full-time employee at EURO - STEL was € 63,100 in 2025: staff costs of € 2.2 million for 35.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does EURO - STEL have?

According to the 2025 annual accounts, EURO - STEL has 35.1 full-time equivalents (FTE).

EURO - STEL (Public Limited) - Tongeren-Borgloon

Dossier EURO - STEL, printed on 31 October 2026 from databakkes.be/en/0441492827/euro-stel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

EURO - STEL from Tongeren-Borgloon, company number BE0441492827, closed financial year 2025 with a result of € 91,135 after tax. For that financial year EURO - STEL recorded revenue of € 6.2 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 203,530 to € 91,135. 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 March 18, 2026.

What it is worth Growing

€ 3.4 million

▲ 1% vs 2024

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

Profit Healthy

€ 91,135

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 281,566

▼ 40% vs 2024

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

Where the profit goes Pays out

€ 50,000 paid out

55 % of the profit went to the shareholders, mostly to EURO-STEL SERVICES (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

35.1

▼ 2.3 vs 2024

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

Wage cost

€ 2.2 million

▲ 1% vs 2024

€ 63,100 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

€ 60,190

▼ 6% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 153,286

€ 39,988 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 714,095

▲ 89% vs 2024

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

Taxes and wages

€ 171,378

▲ 4% 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	€ 6,672,978 Revenue 2022: € 6,672,978 First fiscal year in the series	€ 6,978,441 Revenue 2023: € 6,978,441 ▲ 5% vs 2022 (€ 6,672,978) Favourable step	€ 6,372,155 Revenue 2024: € 6,372,155 ▼ 9% vs 2023 (€ 6,978,441) Unfavourable step	€ 6,221,470 Revenue 2025: € 6,221,470 ▼ 2% vs 2024 (€ 6,372,155) Unfavourable step	▼ 2%
Gross margin	€ 2,390,415 Gross margin 2022: € 2,390,415 First fiscal year in the series	€ 2,666,886 Gross margin 2023: € 2,666,886 ▲ 12% vs 2022 (€ 2,390,415) Favourable step	€ 2,869,469 Gross margin 2024: € 2,869,469 ▲ 8% vs 2023 (€ 2,666,886) Favourable step	€ 2,732,830 Gross margin 2025: € 2,732,830 ▼ 5% vs 2024 (€ 2,869,469) Unfavourable step	▼ 5%
Profit after taxes	€ 112,203 Profit after taxes 2022: € 112,203 First fiscal year in the series	€ 216,052 Profit after taxes 2023: € 216,052 ▲ 93% vs 2022 (€ 112,203) Favourable step	€ 203,530 Profit after taxes 2024: € 203,530 ▼ 6% vs 2023 (€ 216,052) Unfavourable step	€ 91,135 Profit after taxes 2025: € 91,135 ▼ 55% vs 2024 (€ 203,530) Unfavourable step	▼ 55%
Equity	€ 3,186,206 Equity 2022: € 3,186,206 First fiscal year in the series	€ 3,302,258 Equity 2023: € 3,302,258 ▲ 4% vs 2022 (€ 3,186,206) Favourable step	€ 3,405,788 Equity 2024: € 3,405,788 ▲ 3% vs 2023 (€ 3,302,258) Favourable step	€ 3,446,923 Equity 2025: € 3,446,923 ▲ 1% vs 2024 (€ 3,405,788) Favourable step	▲ 1%
Total debts	€ 1,814,589 Total debts 2022: € 1,814,589 First fiscal year in the series	€ 1,603,852 Total debts 2023: € 1,603,852 ▼ 12% vs 2022 (€ 1,814,589) Favourable step	€ 844,095 Total debts 2024: € 844,095 ▼ 47% vs 2023 (€ 1,603,852) Favourable step	€ 1,287,559 Total debts 2025: € 1,287,559 ▲ 53% vs 2024 (€ 844,095) Unfavourable step	▲ 53%
Cash	€ 280,015 Cash 2022: € 280,015 First fiscal year in the series	€ 420,238 Cash 2023: € 420,238 ▲ 50% vs 2022 (€ 280,015) Favourable step	€ 468,377 Cash 2024: € 468,377 ▲ 11% vs 2023 (€ 420,238) Favourable step	€ 281,566 Cash 2025: € 281,566 ▼ 40% vs 2024 (€ 468,377) Unfavourable step	▼ 40%
Land & buildings	€ 946,006 Land & buildings 2022: € 946,006 First fiscal year in the series	€ 848,590 Land & buildings 2023: € 848,590 ▼ 10% vs 2022 (€ 946,006) Unchanged	€ 774,983 Land & buildings 2024: € 774,983 ▼ 9% vs 2023 (€ 848,590) Unchanged	€ 684,574 Land & buildings 2025: € 684,574 ▼ 12% vs 2024 (€ 774,983) Unchanged	▼ 12%
Retained profit	€ 2,436,206 Retained profit 2022: € 2,436,206 First fiscal year in the series	€ 2,552,258 Retained profit 2023: € 2,552,258 ▲ 5% vs 2022 (€ 2,436,206) Favourable step	€ 2,655,788 Retained profit 2024: € 2,655,788 ▲ 4% vs 2023 (€ 2,552,258) Favourable step	€ 2,696,923 Retained profit 2025: € 2,696,923 ▲ 2% vs 2024 (€ 2,655,788) Favourable step	▲ 2%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 100,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 ▼ 50% vs 2024 (€ 100,000) Unchanged	▼ 50%
Bank debt	€ 363,884 Bank debt 2022: € 363,884 First fiscal year in the series	€ 214,236 Bank debt 2023: € 214,236 ▼ 41% vs 2022 (€ 363,884) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 214,236) Favourable step	€ 153,286 Bank debt 2025: € 153,286 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 5,002,542 Balance sheet total 2022: € 5,002,542 First fiscal year in the series	€ 4,913,720 Balance sheet total 2023: € 4,913,720 ▼ 2% vs 2022 (€ 5,002,542) Unchanged	€ 4,254,833 Balance sheet total 2024: € 4,254,833 ▼ 13% vs 2023 (€ 4,913,720) Unchanged	€ 4,738,068 Balance sheet total 2025: € 4,738,068 ▲ 11% vs 2024 (€ 4,254,833) Unchanged	▲ 11%
Employees (FTE)	34.3 Employees (FTE) 2022: 34.3 First fiscal year in the series	35.9 Employees (FTE) 2023: 35.9 ▲ 1.6 vs 2022 (34.3) Unchanged	37.4 Employees (FTE) 2024: 37.4 ▲ 1.5 vs 2023 (35.9) Unchanged	35.1 Employees (FTE) 2025: 35.1 ▼ 2.3 vs 2024 (37.4) Unchanged	▼ 2.3

Key figures of EURO - STEL, 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 EURO - STEL?

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

Mar 18, 2026 New annual accounts for financial year 2025: profit of € 91,135 (▼ 55% vs 2024). Source: NBB ↗
Oct 30, 1990 New establishment in Tongeren-Borgloon. KBO
Sep 15, 1990 Start of the company according to the CBE. KBO

In short

From € 112,203 profit in 2022 to € 91,135 profit in 2025.

Paid € 173,110 in corporate taxes since 2022.

Best year ever: 2023, with € 216,052 profit.

On average € 77,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

EURO-STEL SERVICES 99.4%

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

EURO - STEL

Behind EURO - STEL are MICHIEL MOORS, MICHEL MOORS and EURO-STEL SERVICES BV. The shares are held by EURO-STEL SERVICES (99.4%).

Directors

According to the 2025 annual accounts

MICHIEL MOORS

Director

MICHEL MOORS

Managing director

Also active at: EURO-STEL SERVICES

EURO-STEL SERVICES BV

Director · represented by SONJA JANS

Shareholders

EURO-STEL SERVICES

99.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Maastrichtersteenweg 441

3700 Tongeren-Borgloon

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

Details

Company number

0441.492.827

VAT number

BE 0441.492.827

Registered office

Maastrichtersteenweg 441, 3700 Tongeren-Borgloon

Names & denominations

EURO - STEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 September 1990

Peppol

Active · Active since 5 Oct 2025

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Installatie van industriële machines, toestellen en werktuigen

Vervaardiging van machines voor de kunststof- en rubberindustrie

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Groothandel in andere machines en werktuigen, neg

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

EURO - STEL

Financials

What happened to EURO - STEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions