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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
STUMACO ENG. from Staden, company number BE0475349389, closed financial year 2025 with a result of € 4.4 million after tax. For that financial year STUMACO ENG. recorded revenue of € 13.9 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € 6.1 million to € 4.4 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 July 14, 2026.
€ 7.1 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.4 million
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
57 % of the profit went to the shareholders, mostly to Cervantes Construct (100 % of the shares). That is where the money ends up.
People and assets in 2025
43.9
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 19% vs 2024
€ 76,200 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.
€ 405,334
▲ 21% vs 2024
Of which on lease € 95,790.
Debts at end 2025
€ 226,317
▼ 31% vs 2024
€ 101,424 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.6 million
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 861,622
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,223,504 | € 5,933,637 | € 18,643,422 | € 13,869,255 | ▼ 26% |
| Profit after taxes | € 1,565,700 | € 1,117,061 | € 6,119,271 | € 4,407,004 | ▼ 28% |
| Equity | € 4,119,513 | € 3,986,574 | € 5,205,845 | € 7,112,848 | ▲ 37% |
| Total debts | € 1,914,210 | € 4,606,581 | € 4,816,230 | € 4,886,640 | ▲ 1% |
| Cash | € 1,816,497 | € 1,959,449 | € 1,089,824 | € 1,693,980 | ▲ 55% |
| Land & buildings | € 925,248 | € 888,392 | € 0 | - | |
| Retained profit | € 2,830,113 | € 2,697,174 | € 3,916,445 | € 5,823,448 | ▲ 49% |
| Dividend | € 1,300,000 | € 1,250,000 | € 4,900,000 | € 2,500,000 | ▼ 49% |
| Bank debt | € 373,083 | € 295,833 | € 326,566 | € 226,317 | ▼ 31% |
| Balance sheet total | € 6,033,723 | € 8,593,155 | € 10,022,074 | € 11,999,488 | ▲ 20% |
| Employees (FTE) | 39.8 | 34.5 | 39.4 | 43.9 | ▲ 4.5 |
Key figures of STUMACO ENG., fiscal years 2023 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 STUMACO ENG.?
What happened at STUMACO ENG. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sticomax BV stepped down as director. NBB
- Cervantes Construct BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.4 million (▼ 28% vs 2024). Source: NBB ↗
- Sticomax BV became a director. NBB
- Cervantes Construct BV became a director. NBB
- New establishment in Staden. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2023 to € 4.4 million profit in 2025.
Paid € 4.1 million in corporate taxes since 2023.
Best year ever: 2024, with € 6.1 million profit.
Paid out € 10 million in dividends to the owners in total.
Management
The stake of Cervantes Construct comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STUMACO ENG.The shares are held by Cervantes Construct (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by De Boe Lode
Also active at: INTOCON, Cervantes Construct, VYCOM
since 2023 · until 2029
Managing director · represented by Van Essche Hans
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Warandestraat(STA) 4A
8840 Staden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0475.349.389
- VAT number
- BE 0475.349.389
- Registered office
- Warandestraat(STA) 4A, 8840 Staden
- Names & denominations
- STUMACO ENG.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2001
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen
Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren
Vervaardiging van hijs-, hef- en transportwerktuigen
Vervaardiging van tandwielen, lagers en andere drijfwerkelementen
Vervaardiging van rollagers, kogellagers en dergelijke