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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STEEL LOGISTICS from Haacht, company number BE0474405026, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year STEEL LOGISTICS recorded revenue of € 11.4 million and equity of € 380,609. Compared with financial year 2024, the result moved from € -431,016 to € -1.4 million. The company made a loss. The buffer shrank hard: equity is 79 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 380,609
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 233 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
People and assets in 2025
50.1
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 5% vs 2024
€ 67,300 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.
€ 56,517
▲ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13.8 million
▼ 3% vs 2024
€ 255,425 is repaid this year. At this pace the long-term loan is gone in ≈ 54 years.
€ 5.2 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 219 days on average.
€ 580,792
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,937,390 | € 13,928,343 | € 13,430,468 | € 11,436,090 | ▼ 15% |
| Profit after taxes | € 1,050,790 | € 204,485 | € -431,016 | € -1,435,261 | ▼ € 1 million |
| Equity | € 2,072,367 | € 2,276,852 | € 1,845,836 | € 380,609 | ▼ 79% |
| Total debts | € 26,181,957 | € 19,976,443 | € 19,811,810 | € 19,680,344 | ▼ 1% |
| Cash | € 714,001 | € 1,269,106 | € 632,666 | € 1,135,265 | ▲ 79% |
| Retained profit | € -1,601,055 | € -1,107,187 | € -1,248,820 | € -2,457,396 | ▼ € 1.2 million |
| Bank debt | € 14,262,996 | € 14,350,985 | € 14,191,525 | € 13,805,425 | ▼ 3% |
| Balance sheet total | € 28,364,950 | € 22,362,729 | € 21,806,422 | € 20,185,890 | ▼ 7% |
| Employees (FTE) | 40.2 | 45.8 | 48.7 | 50.1 | ▲ 1.4 |
Key figures of STEEL LOGISTICS, 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 STEEL LOGISTICS?
What happened at STEEL LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elise DE MEYER stepped down as director. NBB
- Simbaco BV stepped down as director. NBB
- Hedwig DE MEYER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. filed late Source: NBB ↗
- Elise DE MEYER became a director. NBB
- Simbaco BV became a director. NBB
- Hedwig DE MEYER became a director. NBB
- New establishment in Haacht. KBO
In short
From € 1.1 million profit in 2022 to € 1.4 million loss in 2025.
Paid € 30,487 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Management
The stake of CLOSED CIRCLE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STEEL LOGISTICSThe shares are held by CLOSED CIRCLE (100%).
Directors
According to the 2025 annual accounts
Elise DE MEYER
Director
since 2025 · until 2031
Director · represented by Peter SCHILLEBEECKX
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Klein Terbankstraat(TIL) 65
3150 Haacht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.405.026
- VAT number
- BE 0474.405.026
- Registered office
- Klein Terbankstraat(TIL) 65, 3150 Haacht
- Names & denominations
- STEEL LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2001
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected]
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Overige industrie, neg
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Overige industrie, n.e.g.
Diensten verwant aan de scheppende en uitvoerende kunst