Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STELVANK from Ledegem, company number BE0508720557, closed financial year 2025 with a result of € -134,733 after tax. For that financial year STELVANK recorded a gross margin of € 76,567 and equity of € 4 million. Compared with financial year 2024, the result moved from € -135,891 to € -134,733. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,733
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 124,602
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,787
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 10% vs 2024
€ 162,495 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 118,258
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,183
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 90,216 | € 71,909 | € 82,349 | € 76,567 | ▼ 7% |
| Profit after taxes | € -55,358 | € 103,453 | € -135,891 | € -134,733 | ▲ € 1,158 |
| Equity | € 4,137,904 | € 4,241,357 | € 4,105,466 | € 3,970,733 | ▼ 3% |
| Total debts | € 6,184,566 | € 7,216,801 | € 6,996,359 | € 8,058,823 | ▲ 15% |
| Cash | € 341,948 | € 304,267 | € 212,928 | € 124,602 | ▼ 41% |
| Land & buildings | € 4,793,341 | € 5,360,415 | € 5,289,498 | € 5,398,292 | ▲ 2% |
| Retained profit | € 2,426,179 | € 2,529,633 | € 2,393,742 | € 2,259,009 | ▼ 6% |
| Bank debt | € 1,867,392 | € 1,722,196 | € 1,594,117 | € 1,440,798 | ▼ 10% |
| Balance sheet total | € 10,322,470 | € 11,458,158 | € 11,101,824 | € 12,029,556 | ▲ 8% |
Key figures of STELVANK, 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 STELVANK?
What happened at STELVANK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 134,733. Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,358 loss in 2022 to € 134,733 loss in 2025.
Paid € 9,288 in corporate taxes since 2022.
Best year ever: 2023, with € 103,453 profit.
Management
Behind STELVANK are Peter Caset and Karin Stellamans. It owns 100% of Ward Van Der Weyden Feestarchitekt, 17.1% of Waterfields Brewery, 16.7% of Ilex, 10% of Canar Development and 10% of Robur Capital itself.
Directors
According to the 2025 annual accounts
Peter Caset
Director
Also active at: Stella, GHENT DREDGING, V.B.I., BILTERIJST, Theo Coertjens International, The Fair Experts, REGIONALE MEDIA MAATSCHAPPIJ, WOODROW +14 more
Establishments
Establishment units
Physical locations of this company
Kuipebosstraat 11
8880 Ledegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DR. KARIN STELLAMANS same network
€ 642,631 gross margin · 2025
Vangilles same network
€ 4,813 gross margin · 2025
Cassteman same network
€ 106,631 gross margin · 2025
Ter Ijzer same network
€ 263,726 gross margin · 2025
KarPet
+1 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
- 0508.720.557
- VAT number
- BE 0508.720.557
- Registered office
- Kuipebosstraat 11, 8880 Ledegem
- Names & denominations
- STELVANK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2012
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Catering van evenementen
Activiteiten van holdings
Andere drinkgelegenheden
Hotels en dergelijke accommodatie
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Holdings
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
+1