Financials
Financial year 2026
Steel Master from Wielsbeke, company number BE0674919664, closed financial year 2026 with a result of € 72,873 after tax. For that financial year Steel Master recorded a gross margin of € 188,762 and equity of € 274,526. Compared with financial year 2025, the result moved from € 12,642 to € 72,873. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 274,526
▲ 36% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,873
▲ € 60,231 vs 2025
Profit after tax over the fiscal year.
€ 226,075
▲ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 273,526.
People and assets in 2026
€ 21,021
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 758,517
▲ 3% vs 2025
€ 55,580 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 18,037
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 13,413
▲ 69% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € 143,146 | € 117,182 | € 188,762 | ▲ 61% |
| Profit after taxes | € 8,694 | € 12,642 | € 72,873 | ▲ € 60,231 |
| Equity | € 189,011 | € 201,653 | € 274,526 | ▲ 36% |
| Total debts | € 1,085,615 | € 1,029,140 | € 1,047,768 | ▲ 2% |
| Cash | € 11,280 | € 185,938 | € 226,075 | ▲ 22% |
| Land & buildings | € 994,670 | € 972,943 | € 941,177 | ▼ 3% |
| Retained profit | € 188,011 | € 200,653 | € 273,526 | ▲ 36% |
| Dividend | € 1,600 | € 0 | € 0 | |
| Bank debt | € 806,119 | € 735,707 | € 758,517 | ▲ 3% |
| Balance sheet total | € 1,274,627 | € 1,230,793 | € 1,322,294 | ▲ 7% |
Key figures of Steel Master, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Steel Master?
What happened at Steel Master in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 72,873 (▲ € 60,231 vs 2025). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,694 profit in 2024 to € 72,873 profit in 2026.
Paid € 36,302 in corporate taxes since 2024.
Best year ever: 2026, with € 72,873 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind Steel Master are Justine Depoorter and Tanguy Devos.
Directors
According to the 2026 annual accounts
Justine Depoorter
Director
Tanguy Devos
Director
Establishments
Establishment units
Physical locations of this company
Beukenlaan(O) 105
8710 Wielsbeke
Sasstraat 27
8710 Wielsbeke
Active since 27 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Microsoft 365
Hosting
LCPDCO LCP AS dc oostkamp, BE
Website info
Features
Security
Details
- Company number
- 0674.919.664
- VAT number
- BE 0674.919.664
- Registered office
- Beukenlaan(O) 105, 8710 Wielsbeke
- Names & denominations
- Steel Master
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2017
- Peppol
- Active · Active since 11 Apr 2026
- Contact
- steelmaster.be
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling van metalen
Vervaardiging van metalen constructiewerken en delen daarvan