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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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
STERHOEK from Beveren-Kruibeke-Zwijndrecht, company number BE0461532136, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year STERHOEK recorded revenue of € 16.5 million and equity of € 26 million. Compared with financial year 2024, the result moved from € 3.6 million to € 2.2 million. 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 April 22, 2026.
€ 26 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ € 1.1 million 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 € 14.9 million.
People and assets in 2025
19.1
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 21% vs 2024
€ 86,600 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.
€ 220,476
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.8 million
▼ 23% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 9.8 million
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 359 days on average.
€ 125,181
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,571,431 | € 12,590,750 | € 13,479,333 | € 16,485,297 | ▲ 22% |
| Profit after taxes | € 2,529,496 | € 3,074,121 | € 3,629,025 | € 2,154,145 | ▼ 41% |
| Equity | € 18,118,730 | € 21,192,851 | € 23,821,876 | € 25,976,021 | ▲ 9% |
| Total debts | € 31,167,316 | € 29,117,346 | € 28,338,456 | € 26,509,537 | ▼ 6% |
| Cash | € 287,279 | € 695,821 | € 314,705 | € 1,390,644 | ▲ € 1.1 million |
| Land & buildings | € 37,205,597 | € 36,874,519 | € 36,565,599 | € 36,465,595 | |
| Retained profit | € 7,018,730 | € 10,092,851 | € 12,721,876 | € 14,876,021 | ▲ 17% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 0 | ▼ 100% |
| Bank debt | € 13,352,883 | € 10,219,062 | € 10,078,417 | € 7,771,109 | ▼ 23% |
| Balance sheet total | € 51,405,113 | € 53,231,232 | € 55,895,744 | € 57,035,348 | ▲ 2% |
| Employees (FTE) | 8.8 | 10.7 | 21.1 | 19.1 | ▼ 2 |
Key figures of STERHOEK, 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 April 2027.
What happened to STERHOEK?
What happened at STERHOEK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAJO INVEST bv stepped down as director. NBB
- EVANAR bv stepped down as director. NBB
- MEURSAULT INVESTMENT LIMITED stepped down as director. NBB
- H2O INVEST nv stepped down as director. NBB
- STRUCTOMASSS bv stepped down as director. NBB
- BREVAK bv stepped down as director. NBB
- STRATEFINA bv stepped down as director. NBB
- SFIDATEC bv stepped down as director. NBB
In short
From € 2.5 million profit in 2022 to € 2.2 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.6 million profit.
Paid out € 1 million in dividends to the owners in total.
Management
The stake of H2O Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STERHOEKThe shares are held by H2O Invest (80%). It owns 100% of Pylonen De Kerf, 100% of Navitec, 100% of Sterhoek Deposit Solutions, 99.9% of Vering Shipping, 99.9% of HYE and 99% of Adequate Special Soil Treatment itself.
Directors
According to the 2025 annual accounts
Director · represented by Joris Van de Water
Owns 10% via H2O Invest
Also active at: HYE N.V., PYLONEN DE KERF, VERING SHIPPING, NAVITEC, BREMCON, ARGEX, GC Industries, H2O Invest +3 more
since 2025 · until 2029
since 2025 · until 2029
Director · represented by Pierre Cremers
since 2025 · until 2029
Managing director · represented by Kurt Vernimmen
Also active at: HYE N.V., PYLONEN DE KERF, VERING SHIPPING, NAVITEC, BREMCON, ARGEX, MKMK events, GC Industries +2 more
since 2025 · until 2029
Director · represented by Tom T'Joens
Owns 8% via H2O Invest
Also active at: HYE N.V., PYLONEN DE KERF, VERING SHIPPING, BREMCON, ARGEX, H2O Invest, Sterhoek Deposit Solutions, ADEQUATE SPECIAL SOIL TREATMENT
since 2025 · until 2029
Director · represented by Jo Breesch
Also active at: BOMA, AGIDENS INTERNATIONAL, H2O Invest, 4Nature, Bieba Consult, BMACON, PFS GROUP, Brightco +1 more
since 2025 · until 2029
since 2025 · until 2029
Director · represented by Marc Bernaerts
Also active at: vanhout.pro, SMET - BORING, H2O Invest, Il Cielo
since 2025 · until 2029
Director · represented by Kristiaan Van den Houte
Owns 18% via H2O Invest
Also active at: PYLONEN DE KERF, VERING SHIPPING, NAVITEC, GC Industries, H2O Invest, Sterhoek Deposit Solutions, ADEQUATE SPECIAL SOIL TREATMENT, Jupstel Invest
since 2025 · until 2029
Shareholders
H2O Invest · holding of ADFINCO bv
80%
Participations
100%
100%
99.9%
99.9%
45%
Establishments
Establishment units
Physical locations of this company
Krijgsbaan 372
2070 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →HYE N.V. same network
€ 40.9 million revenue · 2025
VERING SHIPPING same network
€ 231,940 gross margin · 2025
BREMCON same network
€ 490,776 gross margin · 2025
ARGEX same network
€ 17 million revenue · 2025
MKMK events same network
€ -977 gross margin · 2026
+27 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
- 0461.532.136
- VAT number
- BE 0461.532.136
- Registered office
- Krijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- STERHOEK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1997
- Peppol
- Active · Active since 28 Jul 2025
- Activities · NACE
Storten of permanent opslaan
Overige winning van delfstoffen, neg
Overige winning van delfstoffen, n.e.g.
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen