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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Dr Stéphane BUTS from Liège, company number BE0564715687, closed financial year 2025 with a result of € 56,251 after tax. For that financial year Dr Stéphane BUTS recorded a gross margin of € 105,783 and equity of € 171,742. Compared with financial year 2024, the result moved from € 113,553 to € 56,251. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 171,742
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,251
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 51,975
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 42,500 paid out
76 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 84,198
▲ € 75,912 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 269,124
▲ 49% vs 2024
€ 39,050 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2,734
Supplier invoices still open on the last day of the fiscal year.
€ 31,621
▲ 1% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 71,863 | € 11,316 | € 204,765 | € 105,783 | ▼ 48% |
| Profit after taxes | € 23,621 | € -27,168 | € 113,553 | € 56,251 | ▼ 50% |
| Equity | € 123,606 | € 96,438 | € 157,991 | € 171,742 | ▲ 9% |
| Total debts | € 276,105 | € 218,687 | € 241,458 | € 343,546 | ▲ 42% |
| Cash | € 45,815 | € 27,230 | € 51,205 | € 51,975 | ▲ 2% |
| Land & buildings | € 263,028 | € 251,566 | € 238,057 | € 261,520 | ▲ 10% |
| Retained profit | € 111,206 | € 84,038 | € 145,591 | € 159,342 | ▲ 9% |
| Dividend | € 0 | € 0 | € 52,000 | € 42,500 | ▼ 18% |
| Bank debt | € 240,056 | € 200,886 | € 180,058 | € 269,124 | ▲ 49% |
| Balance sheet total | € 399,710 | € 315,125 | € 399,449 | € 515,289 | ▲ 29% |
Key figures of Dr Stéphane BUTS, 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 Dr Stéphane BUTS?
What happened at Dr Stéphane BUTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,251 (▼ 50% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,621 profit in 2022 to € 56,251 profit in 2025.
Paid € 71,125 in corporate taxes since 2022.
Best year ever: 2024, with € 113,553 profit.
Paid out € 94,500 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
Behind Dr Stéphane BUTS is STEPHANE BUTS.
Directors
According to the 2025 annual accounts
STEPHANE BUTS
Managing director
Establishments
Establishment units
Physical locations of this company
Rue de Bourgogne 36/0001
4000 Liège
Rue de Bourgogne 36
4000 Liège
Active since 15 October 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0564.715.687
- VAT number
- BE 0564.715.687
- Registered office
- Rue de Bourgogne 36/0001, 4000 Liège
- Names & denominations
- Dr Stéphane BUTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2014
- Peppol
- Active · Active since 8 Jan 2026
- Contact
- bourgogne36.be
- Activities · NACE
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