Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STELINE from Brugge, company number BE0454220118, closed financial year 2025 with a result of € 25,334 after tax. For that financial year STELINE recorded a gross margin of € 63,466 and equity of € 9,568. Compared with financial year 2024, the result moved from € 338 to € 25,334. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 9,568
▲ € 25,334 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,334
▲ € 24,996 vs 2024
Profit after tax over the fiscal year.
€ 25,390
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -27,618.
People and assets in 2025
€ 2,339
▲ € 1,811 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,288
▼ 37% vs 2024
€ 5,083 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,316
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 431
▼ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,152 | € 48,047 | € 49,735 | € 63,466 | ▲ 28% |
| Profit after taxes | € -9,650 | € -6,770 | € 338 | € 25,334 | ▲ € 24,996 |
| Equity | € -9,335 | € -16,104 | € -15,766 | € 9,568 | ▲ € 25,334 |
| Total debts | € 501,254 | € 471,844 | € 433,756 | € 393,875 | ▼ 9% |
| Cash | € 17,873 | € 23,951 | € 20,396 | € 25,390 | ▲ 24% |
| Land & buildings | € 442,433 | € 403,515 | € 372,258 | € 353,979 | ▼ 5% |
| Retained profit | € -46,521 | € -53,290 | € -52,952 | € -27,618 | ▲ € 25,334 |
| Bank debt | € 29,841 | € 20,351 | € 13,153 | € 8,288 | ▼ 37% |
| Balance sheet total | € 491,919 | € 455,740 | € 417,989 | € 403,443 | ▼ 3% |
Key figures of STELINE, 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 STELINE?
What happened at STELINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,334 (▲ € 24,996 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,650 loss in 2022 to € 25,334 profit in 2025.
Paid € 926 in corporate taxes since 2022.
Best year ever: 2025, with € 25,334 profit.
A new publication or filing at STELINE? 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 STELINE are Stefan Vandewalle and Caroline Cobbe.
Directors
According to the 2025 annual accounts
Stefan Vandewalle
Director
Caroline Cobbe
Director
Establishments
Establishment units
Physical locations of this company
Ezelpoort 2
8000 Brugge
Werfstraat 41
8000 Brugge
Active since 2 February 1995
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
Domain
Domain
spirit-fitness.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0454.220.118
- VAT number
- BE 0454.220.118
- Registered office
- Ezelpoort 2, 8000 Brugge
- Names & denominations
- STELINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1994
- Peppol
- Active · Active since 17 Jul 2026
- Contact
- spirit-fitness.eu
- Activities · NACE
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidszorg
Schoonheidsverzorging
Activiteiten van fitnesscentra