Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
CONTISTEEL from Heusden-Zolder, company number BE0443917233, closed financial year 2024 with a result of € -1.9 million after tax. For that financial year CONTISTEEL recorded revenue of € 17.8 million and equity of € 2.7 million. Compared with financial year 2023, the result moved from € -2.9 million to € -1.9 million. 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 3, 2025.
€ 2.7 million
▼ 41% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▲ 34 % less loss than in 2023
Profit after tax over the fiscal year.
€ 847,236
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -971,649.
People and assets in 2024
13.2
▼ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 950,366
▼ 14% vs 2023
€ 72,000 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.
Debts at end 2024
€ 2 million
▼ 3% vs 2023
Loans from banks and other lenders, long and short.
€ 2.6 million
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 163,576
▼ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 26,072,078 | € 32,307,638 | € 21,669,488 | € 17,752,668 | ▼ 18% |
| Profit after taxes | € 1,338,930 | € 341,029 | € -2,870,050 | € -1,883,900 | ▲ € 986,149 |
| Equity | € 7,113,464 | € 7,454,493 | € 4,584,443 | € 2,700,543 | ▼ 41% |
| Total debts | € 5,825,507 | € 7,187,459 | € 5,188,151 | € 4,845,446 | ▼ 7% |
| Cash | € 1,496,542 | € 60,911 | € 1,094,053 | € 847,236 | ▼ 23% |
| Retained profit | € 3,441,272 | € 3,782,301 | € 912,251 | € -971,649 | ▼ € 1.9 million |
| Bank debt | € 171,840 | € 3,488,431 | € 2,054,494 | € 2,000,000 | ▼ 3% |
| Balance sheet total | € 12,938,971 | € 14,641,951 | € 9,772,594 | € 7,797,589 | ▼ 20% |
| Employees (FTE) | 13.8 | 14.2 | 14.2 | 13.2 | ▼ 1 |
Key figures of CONTISTEEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CONTISTEEL?
What happened at CONTISTEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.9 million. Source: NBB ↗
- David Sims stepped down as director. NBB
- Patrick Meessen became a director. NBB
- Karl-Heinz Demsat became a director. NBB
- David Sims became a director. NBB
- Jan Wiebe Ottink became a director. NBB
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2021 to € 1.9 million loss in 2024.
Paid € 494,828 in corporate taxes since 2021.
Best year ever: 2021, with € 1.3 million profit.
Pays suppliers within 52 days on average.
A new publication or filing at CONTISTEEL? We notify you, reason included.
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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
Behind CONTISTEEL are Jan Wiebe Ottink, Karl-Heinz Demsat and Patrick Meessen.
Directors
According to the 2024 annual accounts
Jan Wiebe Ottink
Manager
since 2012
Karl-Heinz Demsat
Manager
since 2021
Patrick Meessen
Manager
since 2024
David Sims
Manager
since 2018 · until 2025
Establishments
Establishment units
Physical locations of this company
Industrieweg 3
3550 Heusden-Zolder
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0443.917.233
- VAT number
- BE 0443.917.233
- Registered office
- Industrieweg 3, 3550 Heusden-Zolder
- Names & denominations
- CONTISTEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 1991
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- contisteel.be 003213530340
- Activities · NACE
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