Financials
Financial year 2025
STINACO from Houthulst, company number BE0679688601, closed financial year 2025 with a result of € 443,717 after tax. For that financial year STINACO recorded a gross margin of € 595,800 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 429,455 to € 443,717. Profitable, and profit is growing. 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 February 2, 2026.
€ 1.5 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 443,717
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 233,293
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
68 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 10,799
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 755,078
▼ 7% vs 2024
€ 61,117 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 53,044
▲ € 52,713 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,480
▼ 1% 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 | € 406,370 | € 549,608 | € 574,069 | € 595,800 | ▲ 4% |
| Profit after taxes | € 294,988 | € 368,288 | € 429,455 | € 443,717 | ▲ 3% |
| Equity | € 594,686 | € 962,974 | € 1,392,429 | € 1,536,147 | ▲ 10% |
| Total debts | € 968,566 | € 1,114,732 | € 1,071,992 | € 1,391,225 | ▲ 30% |
| Cash | € 295,281 | € 73,477 | € 232,607 | € 233,293 | |
| Land & buildings | € 1,122,178 | € 1,859,199 | € 2,067,610 | € 2,324,217 | ▲ 12% |
| Retained profit | € 563,686 | € 931,974 | € 1,361,429 | € 1,505,147 | ▲ 11% |
| Dividend | € 250,000 | € 0 | € 0 | € 300,000 | |
| Bank debt | € 649,603 | € 873,889 | € 815,044 | € 755,078 | ▼ 7% |
| Balance sheet total | € 1,563,252 | € 2,077,706 | € 2,464,421 | € 2,927,372 | ▲ 19% |
Key figures of STINACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 29 January 2027.
What happened to STINACO?
What happened at STINACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 443,717 (▲ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 294,988 profit in 2022 to € 443,717 profit in 2025.
Paid € 24,529 in corporate taxes since 2022.
Best year ever: 2025, with € 443,717 profit.
Paid out € 550,000 in dividends to the owners in total.
Management
Behind STINACO is Stijn Nauwynck. It owns 50% of Bedeco itself.
Directors
According to the 2025 annual accounts
Stijn Nauwynck
Director
Establishments
Establishment units
Physical locations of this company
Westbroekstraat 100
8650 Houthulst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0679.688.601
- VAT number
- BE 0679.688.601
- Registered office
- Westbroekstraat 100, 8650 Houthulst
- Names & denominations
- STINACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2017
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings