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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
STERLING EUROPE from Boom, company number BE0453209437, closed financial year 2024 with a result of € -26,095 after tax. For that financial year STERLING EUROPE recorded a gross margin of € -15,108 and equity of € -18,371. Compared with financial year 2023, the result moved from € 24,206 to € -26,095. 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 October 30, 2025.
€ -18,371
▼ € 26,095 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,095
▼ still € 24,206 profit in 2023
Profit after tax over the fiscal year.
€ 620,204
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -80,371.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 778,549
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,003
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 65,418 | € 91,278 | - | - | |
| Gross margin | € -6,489 | € -23,979 | € 956 | € -15,108 | ▼ € 16,065 |
| Profit after taxes | € 1,038 | € 2,073 | € 24,206 | € -26,095 | ▼ € 50,301 |
| Equity | € -18,555 | € -16,481 | € 7,724 | € -18,371 | ▼ € 26,095 |
| Total debts | € 684,295 | € 752,847 | € 776,679 | € 791,377 | ▲ 2% |
| Cash | € 454,018 | € 590,299 | € 653,806 | € 620,204 | ▼ 5% |
| Retained profit | € -80,555 | € -78,481 | € -54,276 | € -80,371 | ▼ € 26,095 |
| Balance sheet total | € 722,258 | € 760,256 | € 784,403 | € 773,006 | ▼ 1% |
Key figures of STERLING EUROPE, 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 STERLING EUROPE?
What happened at STERLING EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 26,095 (▼ € 50,301 vs 2023). filed late Source: NBB ↗
- New establishment in Boom. KBO
- Leo Vincent Mitchell became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,038 profit in 2021 to € 26,095 loss in 2024.
Best year ever: 2023, with € 24,206 profit.
Management
Behind STERLING EUROPE is Leo Vincent Mitchell.
Directors
According to the 2024 annual accounts
Leo Vincent Mitchell
Managing director
since 1994
Establishments
Establishment units
Physical locations of this company
Hoek 76
2850 Boom
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Metalen Kerremans
€ -3,903 gross margin · 2025
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€ 1 million gross margin · 2025
METRUM
€ 5,866 gross margin · 2025
D E E Sound & Light Equipment
€ 274,457 gross margin · 2025
FACE
€ 30.4 million revenue · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.209.437
- VAT number
- BE 0453.209.437
- Registered office
- Hoek 76, 2850 Boom
- Names & denominations
- STERLING EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1994
- Peppol
- Not registered
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair