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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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Busy address KBO
84 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Scandstick Belgium from Aalst, company number BE0537304081, closed financial year 2025 with a result of € -406,940 after tax. For that financial year Scandstick Belgium recorded a gross margin of € 646,037 and equity of € 10,442. Compared with financial year 2024, the result moved from € 68,090 to € -406,940. The company made a loss. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 10,442
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -406,940
▼ still € 68,090 profit in 2024
Profit after tax over the fiscal year.
€ 1,806
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,108.
People and assets in 2025
0.8
▼ 8.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 427,760
▼ 33% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 43,456
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 79,635
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 742,774 | € 860,303 | € 881,358 | € 646,037 | ▼ 27% |
| Profit after taxes | € 32,620 | € 61,027 | € 68,090 | € -406,940 | ▼ € 475,030 |
| Equity | € 288,264 | € 349,292 | € 417,382 | € 10,442 | ▼ 97% |
| Total debts | € 937,296 | € 813,900 | € 650,578 | € 137,129 | ▼ 79% |
| Cash | € 73,674 | € 70,121 | € 16,292 | € 1,806 | ▼ 89% |
| Land & buildings | € 799,676 | € 778,865 | € 758,055 | € 0 | ▼ 100% |
| Retained profit | € 269,714 | € 330,742 | € 398,832 | € -8,108 | ▼ € 406,940 |
| Bank debt | € 706,377 | € 551,116 | € 411,181 | € 0 | ▼ 100% |
| Balance sheet total | € 1,225,560 | € 1,163,192 | € 1,067,960 | € 147,571 | ▼ 86% |
| Employees (FTE) | 8.9 | 8.8 | 8.9 | 0.8 | ▼ 8.1 |
Key figures of Scandstick Belgium, 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 Scandstick Belgium?
What happened at Scandstick Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 406,940 (▼ € 475,030 vs 2024). filed late Source: NBB ↗
- Michael Andrew Timmermann Slater became a director. NBB
- Renato Vasconcellos Arruda became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 32,620 profit in 2022 to € 406,940 loss in 2025.
Paid € 63,587 in corporate taxes since 2022.
Best year ever: 2024, with € 68,090 profit.
On average € 99,000 of value added per employee in 2024.
Management
Behind Scandstick Belgium are Michael Andrew Timmermann Slater and Renato Vasconcellos Arruda.
Directors
According to the 2025 annual accounts
Michael Andrew Timmermann Slater
Director
since 2026
Renato Vasconcellos Arruda
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Groeneweg 17
9320 Aalst
St. Rochusstraat 15
9320 Aalst
Active since 31 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 84 companies are registered at this address.
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€ 28,150 gross margin · 2025
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€ 22.8 million revenue · 2025
AUGNITION
€ 1.6 million gross margin · 2025
+79 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
- 0537.304.081
- VAT number
- BE 0537.304.081
- Registered office
- Groeneweg 17, 9320 Aalst
- Names & denominations
- Scandstick Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 2013
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- [email protected]
- Activities · NACE
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