What does STIVALI do?

STIVALI is a shoe shop in Ieper. Private Limited, started on 24 February 1992, 1 establishment.

What is the address of STIVALI?

The registered office of STIVALI is located at Menenstraat 30, 8900 Ieper.

Is STIVALI still active?

Yes. According to the CBE (29 October 2026) STIVALI is active, legal situation “Normale toestand”, started on 24 February 1992.

Is STIVALI registered on Peppol?

Yes, STIVALI is registered on the Peppol network with ID 0208:0446695292.

What is the enterprise number of STIVALI?

The enterprise number of STIVALI is BE0446695292.

When was STIVALI founded?

STIVALI was founded on 24 February 1992.

Who are the directors of STIVALI?

According to the 2025 annual accounts, the directors of STIVALI are: Bram SAELENS, Annick VANHOVE.

Is STIVALI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 February 1992; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did STIVALI make in 2025?

STIVALI recorded a loss after taxes of € 39,459 in financial year 2025.

What is the revenue of STIVALI?

As a small company, STIVALI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,526.

STIVALI (Private Limited) - Ieper - BE0446695292

Dossier STIVALI, printed on 29 October 2026 from databakkes.be/en/0446695292/stivali. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

STIVALI from Ieper, company number BE0446695292, closed financial year 2025 with a result of € -39,459 after tax. For that financial year STIVALI recorded a gross margin of € 45,526 and equity of € -72,985. Compared with financial year 2024, the result moved from € -88,108 to € -39,459. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 7, 2026.

What it is worth Caution

€ -72,985

▼ € 39,459 vs 2024

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

Loss Caution

€ -39,459

▲ 55 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,718

▲ 202% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -91,577.

People and assets in 2025

Wage cost

€ 70,902

▼ 19% vs 2024

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

€ 1,430

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 40,610

▼ 5% vs 2024

€ 16,323 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 14,222

▼ 95% vs 2024

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

Taxes and wages

€ 34,635

▼ 14% 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	€ 77,799 Gross margin 2022: € 77,799 First fiscal year in the series	€ 96,372 Gross margin 2023: € 96,372 ▲ 24% vs 2022 (€ 77,799) Favourable step	€ 12,958 Gross margin 2024: € 12,958 ▼ 87% vs 2023 (€ 96,372) Unfavourable step	€ 45,526 Gross margin 2025: € 45,526 ▲ 251% vs 2024 (€ 12,958) Favourable step	▲ 251%
Profit after taxes	€ 45,990 Profit after taxes 2022: € 45,990 First fiscal year in the series	€ 6,189 Profit after taxes 2023: € 6,189 ▼ 87% vs 2022 (€ 45,990) Unfavourable step	€ -88,108 Profit after taxes 2024: € -88,108 ▼ € 94,296 vs 2023 (€ 6,189) Unfavourable step	€ -39,459 Profit after taxes 2025: € -39,459 ▲ € 48,649 vs 2024 (€ -88,108) Favourable step	▲ € 48,649
Equity	€ 48,394 Equity 2022: € 48,394 First fiscal year in the series	€ 54,582 Equity 2023: € 54,582 ▲ 13% vs 2022 (€ 48,394) Favourable step	€ -33,526 Equity 2024: € -33,526 ▼ € 88,108 vs 2023 (€ 54,582) Unfavourable step	€ -72,985 Equity 2025: € -72,985 ▼ € 39,459 vs 2024 (€ -33,526) Unfavourable step	▼ € 39,459
Total debts	€ 205,646 Total debts 2022: € 205,646 First fiscal year in the series	€ 283,075 Total debts 2023: € 283,075 ▲ 38% vs 2022 (€ 205,646) Unfavourable step	€ 361,631 Total debts 2024: € 361,631 ▲ 28% vs 2023 (€ 283,075) Unfavourable step	€ 371,324 Total debts 2025: € 371,324 ▲ 3% vs 2024 (€ 361,631) Unfavourable step	▲ 3%
Cash	€ 1,394 Cash 2022: € 1,394 First fiscal year in the series	€ 3,253 Cash 2023: € 3,253 ▲ 133% vs 2022 (€ 1,394) Favourable step	€ 7,530 Cash 2024: € 7,530 ▲ 131% vs 2023 (€ 3,253) Favourable step	€ 22,718 Cash 2025: € 22,718 ▲ 202% vs 2024 (€ 7,530) Favourable step	▲ 202%
Retained profit	€ 29,802 Retained profit 2022: € 29,802 First fiscal year in the series	€ 35,990 Retained profit 2023: € 35,990 ▲ 21% vs 2022 (€ 29,802) Favourable step	€ -52,118 Retained profit 2024: € -52,118 ▼ € 88,108 vs 2023 (€ 35,990) Unfavourable step	€ -91,577 Retained profit 2025: € -91,577 ▼ € 39,459 vs 2024 (€ -52,118) Unfavourable step	▼ € 39,459
Bank debt	€ 73,533 Bank debt 2022: € 73,533 First fiscal year in the series	€ 63,369 Bank debt 2023: € 63,369 ▼ 14% vs 2022 (€ 73,533) Favourable step	€ 42,749 Bank debt 2024: € 42,749 ▼ 33% vs 2023 (€ 63,369) Favourable step	€ 40,610 Bank debt 2025: € 40,610 ▼ 5% vs 2024 (€ 42,749) Favourable step	▼ 5%
Balance sheet total	€ 254,040 Balance sheet total 2022: € 254,040 First fiscal year in the series	€ 337,658 Balance sheet total 2023: € 337,658 ▲ 33% vs 2022 (€ 254,040) Unchanged	€ 328,105 Balance sheet total 2024: € 328,105 ▼ 3% vs 2023 (€ 337,658) Unchanged	€ 298,339 Balance sheet total 2025: € 298,339 ▼ 9% vs 2024 (€ 328,105) Unchanged	▼ 9%

Key figures of STIVALI, 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 STIVALI?

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

Jan 7, 2026 New annual accounts for financial year 2025: loss of € 39,459. Source: NBB ↗
Mar 25, 1992 New establishment in Ieper. KBO
Feb 24, 1992 Start of the company according to the CBE. KBO

In short

From € 45,990 profit in 2022 to € 39,459 loss in 2025.

Paid € 6,998 in corporate taxes since 2022.

Best year ever: 2022, with € 45,990 profit.

Original PDFs at the National Bank ↗

Management

Bram SAELENS Annick VANHOVE

CAVALLINO

Saelens-Vanhove

STIVALI

Behind STIVALI are Bram SAELENS and Annick VANHOVE. The same people are also behind CAVALLINO and Saelens-Vanhove.

Directors

According to the 2025 annual accounts

Bram SAELENS

Director

Also active at: CAVALLINO, Saelens-Vanhove

Annick VANHOVE

Director

Also active at: CAVALLINO, Saelens-Vanhove

Establishments

Establishment units

Physical locations of this company

Registered office

Menenstraat 30

8900 Ieper

2.056.797.106

Menenstraat 38

8900 Ieper

Active since 25 March 1992

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 →

CAVALLINO same network

€ 330,467 gross margin · 2025

Saelens-Vanhove same network

€ 57,315 gross margin · 2025

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

Details

Company number

0446.695.292

VAT number

BE 0446.695.292

Registered office

Menenstraat 30, 8900 Ieper

Names & denominations

STIVALI

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 February 1992

Peppol

Active · Active since 8 Sept 2025

Activities · NACE

Detailhandel in schoeisel

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in kledingaccessoires

View on CBE Public ↗ Annual accounts (NBB) ↗

STIVALI

Warning lights

Financials

What happened to STIVALI?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions