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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Shrinking team NBB
FTE fell two years in a row, from 13.1 to 11.7.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
Scandinavian Tobacco Group Belgium Services from Lummen, company number BE0543804962, closed financial year 2025 with a result of € 104,396 after tax. For that financial year Scandinavian Tobacco Group Belgium Services recorded revenue of € 2.4 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 131,056 to € 104,396. 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 October 13, 2026.
€ 2.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,396
▼ 20% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
11.7
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
€ 171,700 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 79,664
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.
€ 539,087
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,042,021 | € 2,356,759 | € 2,410,960 | € 2,415,396 | |
| Profit after taxes | € 59,986 | € 120,954 | € 131,056 | € 104,396 | ▼ 20% |
| Equity | € 2,167,561 | € 2,288,514 | € 2,419,570 | € 2,523,967 | ▲ 4% |
| Total debts | € 903,670 | € 716,351 | € 641,369 | € 649,823 | ▲ 1% |
| Retained profit | € 1,147,762 | € 1,268,716 | € 1,399,772 | € 1,504,169 | ▲ 7% |
| Balance sheet total | € 3,156,924 | € 3,059,707 | € 3,085,688 | € 3,182,453 | ▲ 3% |
| Employees (FTE) | 13.3 | 13.1 | 12.8 | 11.7 | ▼ 1.1 |
Key figures of Scandinavian Tobacco Group Belgium Services, 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 Scandinavian Tobacco Group Belgium Services?
What happened at Scandinavian Tobacco Group Belgium Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Madsen Jesper stepped down as director. NBB
- Johan Gebruers stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Wim Janssens stepped down as director. NBB
- Madsen Jesper became a director. NBB
- Johan Gebruers became a director. NBB
- Wim Janssens became a director. NBB
- New establishment in Lummen. KBO
In short
From € 59,986 profit in 2022 to € 104,396 profit in 2025.
Paid € 185,200 in corporate taxes since 2022.
Best year ever: 2024, with € 131,056 profit.
Pays suppliers within 96 days on average.
Management
The shares are held by ST Cigar Group Holding BV (100%).
Directors
According to the 2025 annual accounts
Madsen Jesper
Director
since 2023 · until 2029
since 2022 · until 2028
Shareholders
ST Cigar Group Holding BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dellestraat 12A
3560 Lummen
Dellestraat 12 box A
3560 Lummen
Active since 6 January 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.804.962
- VAT number
- BE 0543.804.962
- Registered office
- Dellestraat 12A, 3560 Lummen
- Names & denominations
- Scandinavian Tobacco Group Belgium Services
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2013
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Activiteiten van hoofdkantoren
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