What does STEELCO INVEST do?

STEELCO INVEST is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 13 December 2017, 1 establishment.

What is the address of STEELCO INVEST?

The registered office of STEELCO INVEST is located at Durmelaan 20, 9880 Aalter.

Is STEELCO INVEST still active?

Yes. According to the CBE (18 September 2026) STEELCO INVEST is active, legal situation “Normale toestand”, started on 13 December 2017.

Is STEELCO INVEST registered on Peppol?

Yes, STEELCO INVEST is registered on the Peppol network with ID 0208:0685868984.

What is the enterprise number of STEELCO INVEST?

The enterprise number of STEELCO INVEST is BE0685868984.

When was STEELCO INVEST founded?

STEELCO INVEST was founded on 13 December 2017.

Who are the directors of STEELCO INVEST?

According to the 2025 annual accounts, the directors of STEELCO INVEST are: Jérôme Leclef, Gayana Comm. V., Fleurbaey & Partners BV, Sterre Invest BV, Dovesco NV, Approfit BV, Devuma.

Is STEELCO INVEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 December 2017; 5 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account.

How much profit did STEELCO INVEST make in 2025?

STEELCO INVEST recorded a loss after taxes of € 40,450,924 in financial year 2025.

What is the revenue of STEELCO INVEST?

In its most recent annual accounts (2025), STEELCO INVEST reported revenue of € 827,290.

STEELCO INVEST (Public Limited) - Aalter - BE0685868984

Dossier STEELCO INVEST, printed on 18 September 2026 from databakkes.be/en/0685868984/steelco-invest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

STEELCO INVEST from Aalter, company number BE0685868984, closed financial year 2025 with a result of € -40.5 million after tax. For that financial year STEELCO INVEST recorded revenue of € 827,290 and equity of € -23.3 million. Compared with financial year 2024, the result moved from € -193,876 to € -40.5 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.

What it is worth Caution

€ -23.3 million

▼ € 40.5 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -40.5 million

▼ 20764 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 451

▲ € 428 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -42.1 million.

Debts at end 2025

Bank debt ≈ 26 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 22.3 million

€ 852,485 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.

Owed to suppliers

€ 1 million

▲ 250% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 391 days on average.

Taxes

€ 5,146

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 688,845 Revenue 2023: € 688,845 First fiscal year in the series	€ 889,512 Revenue 2024: € 889,512 ▲ 29% vs 2023 (€ 688,845) Favourable step	€ 827,290 Revenue 2025: € 827,290 ▼ 7% vs 2024 (€ 889,512) Unfavourable step	▼ 7%
Gross margin	€ -85,665 Gross margin 2022: € -85,665 First fiscal year in the series	-	-	-
Profit after taxes	€ 381,679 Profit after taxes 2022: € 381,679 First fiscal year in the series	€ -242,361 Profit after taxes 2023: € -242,361 ▼ € 624,039 vs 2022 (€ 381,679) Unfavourable step	€ -193,876 Profit after taxes 2024: € -193,876 ▲ € 48,484 vs 2023 (€ -242,361) Favourable step	€ -40,450,924 Profit after taxes 2025: € -40,450,924 ▼ € 40.3 million vs 2024 (€ -193,876) Unfavourable step	▼ € 40.3 million
Equity	€ 15,570,929 Equity 2022: € 15,570,929 First fiscal year in the series	€ 17,359,129 Equity 2023: € 17,359,129 ▲ 11% vs 2022 (€ 15,570,929) Favourable step	€ 17,165,252 Equity 2024: € 17,165,252 ▼ 1% vs 2023 (€ 17,359,129) Unfavourable step	€ -23,285,671 Equity 2025: € -23,285,671 ▼ € 40.5 million vs 2024 (€ 17,165,252) Unfavourable step	▼ € 40.5 million
Total debts	€ 17,378,809 Total debts 2022: € 17,378,809 First fiscal year in the series	€ 20,473,932 Total debts 2023: € 20,473,932 ▲ 18% vs 2022 (€ 17,378,809) Unfavourable step	€ 22,623,162 Total debts 2024: € 22,623,162 ▲ 10% vs 2023 (€ 20,473,932) Unfavourable step	€ 23,352,166 Total debts 2025: € 23,352,166 ▲ 3% vs 2024 (€ 22,623,162) Unfavourable step	▲ 3%
Cash	€ 81,321 Cash 2022: € 81,321 First fiscal year in the series	€ 98,088 Cash 2023: € 98,088 ▲ 21% vs 2022 (€ 81,321) Favourable step	€ 24 Cash 2024: € 24 ▼ € 98,064 vs 2023 (€ 98,088) Unfavourable step	€ 451 Cash 2025: € 451 ▲ € 428 vs 2024 (€ 24) Favourable step	▲ € 428
Retained profit	€ -1,189,671 Retained profit 2022: € -1,189,671 First fiscal year in the series	€ -1,432,031 Retained profit 2023: € -1,432,031 ▼ € 242,361 vs 2022 (€ -1,189,671) Unfavourable step	€ -1,625,908 Retained profit 2024: € -1,625,908 ▼ € 193,876 vs 2023 (€ -1,432,031) Unfavourable step	€ -42,076,831 Retained profit 2025: € -42,076,831 ▼ € 40.5 million vs 2024 (€ -1,625,908) Unfavourable step	▼ € 40.5 million
Bank debt	€ 16,591,589 Bank debt 2022: € 16,591,589 First fiscal year in the series	€ 20,116,982 Bank debt 2023: € 20,116,982 ▲ 21% vs 2022 (€ 16,591,589) Unfavourable step	€ 22,331,284 Bank debt 2024: € 22,331,284 ▲ 11% vs 2023 (€ 20,116,982) Unfavourable step	€ 22,324,239 Bank debt 2025: € 22,324,239 Unchanged (€ 22,331,284) Favourable step
Balance sheet total	€ 32,949,739 Balance sheet total 2022: € 32,949,739 First fiscal year in the series	€ 37,833,061 Balance sheet total 2023: € 37,833,061 ▲ 15% vs 2022 (€ 32,949,739) Unchanged	€ 39,788,415 Balance sheet total 2024: € 39,788,415 ▲ 5% vs 2023 (€ 37,833,061) Unchanged	€ 66,494 Balance sheet total 2025: € 66,494 ▼ € 39.7 million vs 2024 (€ 39,788,415) Unchanged	▼ € 39.7 million

Key figures of STEELCO INVEST, 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 STEELCO INVEST?

What happened at STEELCO INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Gayana Comm. V. stepped down as director. NBB
2028 Fleurbaey & Partners BV stepped down as director. NBB
2028 Sterre Invest BV stepped down as director. NBB
2028 Dovesco NV stepped down as director. NBB
2028 Approfit BV stepped down as director. NBB
Jul 8, 2026 New annual accounts for financial year 2025: loss of € 40.5 million. Source: NBB ↗
2026 Jérôme Leclef stepped down as director. NBB
2026 Devuma stepped down as director. NBB

In short

From € 381,679 profit in 2022 to € 40.5 million loss in 2025.

Best year ever: 2022, with € 381,679 profit.

Original PDFs at the National Bank ↗

A new publication or filing at STEELCO INVEST? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

DOVESCO INVESTERINGSVEHIKEL II 36.5%

APPROFIT 10.3%

FLEURBAEY & PARTNERS 10%

STERRE INVEST 4.3%

The stake of DOVESCO INVESTERINGSVEHIKEL II, APPROFIT, FLEURBAEY & PARTNERS, STERRE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

STEELCO INVEST

AFIX GROUP NV 100%

Stalsco 100%

The shares are held by DOVESCO INVESTERINGSVEHIKEL II (36.5%), APPROFIT (10.3%), FLEURBAEY & PARTNERS (10%) and STERRE INVEST (4.3%). It owns 100% of AFIX GROUP NV and 100% of Stalsco itself.

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