Financials
Financial year 2025
Steelforce Group from Antwerpen, company number BE0477502492, closed financial year 2025 with a result of € 8.9 million after tax. For that financial year Steelforce Group recorded revenue of € 1.4 million and equity of € 35.9 million. Compared with financial year 2024, the result moved from € 19.5 million to € 8.9 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 2, 2026.
€ 35.9 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.9 million
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 43,717
▲ 234% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7 million paid out
79 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 2 million
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 186,238
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 61,471
▲ 50% 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 | |
|---|---|---|---|---|---|
| Revenue | € 2,136,233 | € 1,828,310 | € 1,062,279 | € 1,416,177 | ▲ 33% |
| Profit after taxes | € 11,355,207 | € 24,791,039 | € 19,453,941 | € 8,857,764 | ▼ 54% |
| Equity | € 10,750,728 | € 17,541,768 | € 33,995,709 | € 35,853,473 | ▲ 5% |
| Total debts | € 23,255,362 | € 55,988,692 | € 13,162,638 | € 9,338,235 | ▼ 29% |
| Cash | € 55,682 | € 21,890 | € 13,080 | € 43,717 | ▲ 234% |
| Retained profit | € 6,994,428 | € 13,785,468 | € 30,239,409 | € 32,097,173 | ▲ 6% |
| Dividend | € 20,000,000 | € 18,000,000 | € 3,000,000 | € 7,000,000 | ▲ 133% |
| Bank debt | € 1,122,425 | € 37,006,545 | € 7,920,842 | € 2,010,235 | ▼ 75% |
| Balance sheet total | € 34,006,091 | € 73,530,460 | € 47,158,347 | € 45,191,708 | ▼ 4% |
Key figures of Steelforce Group, 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 Steelforce Group?
What happened at Steelforce Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sone Shinobu stepped down as director. NBB
- Steel Legacy stepped down as director. NBB
- Shuya Sakata stepped down as director. NBB
- Hexit BV stepped down as director. NBB
- Karyco Overseas FZCO stepped down as director. NBB
- Tomihiro Murakami stepped down as director. NBB
- Waterkeyn Investments BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.9 million (▼ 54% vs 2024). Source: NBB ↗
In short
From € 11.4 million profit in 2022 to € 8.9 million profit in 2025.
Paid € 974,772 in corporate taxes since 2022.
Best year ever: 2023, with € 24.8 million profit.
Paid out € 48 million in dividends to the owners in total.
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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
The stake of KARYCO, WATERKEYN INVESTMENTS, KZBFin comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Steelforce GroupThe shares are held by KARYCO (10%), WATERKEYN INVESTMENTS (10%) and KZBFin (0.5%). It owns 100% of Steelforce NV, 100% of SteelForce Far East Ltd., 100% of Steelforce Europe NV, 70% of Eurometal Service NV, 60% of EXPONO a.s. and 60% of SteelFORCE Metal Trading L.L.C. itself.
Directors
According to the 2025 annual accounts
Sone Shinobu
Director
since 2021 · until 2027
Director · represented by Kurt Crollet
since 2025 · until 2027
Shuya Sakata
Director
since 2024 · until 2027
since 2021 · until 2027
Director · represented by Ashwani Kapoor
since 2025 · until 2027
Tomihiro Murakami
Director
since 2025 · until 2027
Director · represented by Jérôme Waterkeyn
Also active at: Steelforce, THALASSA SEAFOODS, Steelforce Europe
since 2021 · until 2027
Shareholders
Participations
100%
SteelForce Far East Ltd.
100%
100%
EXPONO a.s.
60%
SteelFORCE Metal Trading L.L.C.
60%
Steel-Link BV
60%
SteelFORCE Middle East Ltd.
60%
PT Steelforce Indonesia
55%
PT Andaru Bintang Nusantara
50%
Establishments
Establishment units
Physical locations of this company
Lange Klarenstraat 16
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Steelforce same network
€ 196 million revenue · 2025
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€ 235,846 gross margin · 2025
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€ 327,545 gross margin · 2025
Steelforce Packaging same network
€ 360.2 million revenue · 2025
Transsteel
+2 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
- 0477.502.492
- VAT number
- BE 0477.502.492
- Registered office
- Lange Klarenstraat 16, 2000 Antwerpen
- Names & denominations
- Steelforce Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2002
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings