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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STUBBATRANS from Ieper, company number BE0689651588, closed financial year 2025 with a result of € 2,997 after tax. For that financial year STUBBATRANS recorded a gross margin of € 209,653 and equity of € -174,611. Compared with financial year 2024, the result moved from € -22,277 to € 2,997. Profitable, and profit is growing. 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 22, 2026.
€ -174,611
▲ € 2,997 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,997
▲ still € 22,277 loss in 2024
Profit after tax over the fiscal year.
€ 35,564
▲ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -214,611.
People and assets in 2025
€ 145,774
▲ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 146,920
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,041
▼ 27% vs 2024
€ 41,889 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 91,670
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,596
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,623 | € 137,631 | € 199,106 | € 209,653 | ▲ 5% |
| Profit after taxes | € -62,720 | € -51,568 | € -22,277 | € 2,997 | ▲ € 25,274 |
| Equity | € -103,762 | € -155,330 | € -177,608 | € -174,611 | ▲ € 2,997 |
| Total debts | € 327,119 | € 366,902 | € 493,699 | € 460,572 | ▼ 7% |
| Cash | € 11,020 | € 5,845 | € 19,137 | € 35,564 | ▲ 86% |
| Retained profit | € -143,762 | € -195,330 | € -217,608 | € -214,611 | ▲ € 2,997 |
| Bank debt | € 68,021 | € 60,836 | € 149,378 | € 109,041 | ▼ 27% |
| Balance sheet total | € 223,357 | € 211,572 | € 316,092 | € 285,961 | ▼ 10% |
Key figures of STUBBATRANS, 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 STUBBATRANS?
What happened at STUBBATRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,997. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,720 loss in 2022 to € 2,997 profit in 2025.
Best year ever: 2025, with € 2,997 profit.
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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 STUBBATRANS are Mireille Markey and Hendrik Stubbe. Mireille Markey is also behind DEPANNAGE BALLOEY and BAMA.
Directors
According to the 2025 annual accounts
Hendrik Stubbe
Director
Establishments
Establishment units
Physical locations of this company
Veurnseweg 502
8906 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0689.651.588
- VAT number
- BE 0689.651.588
- Registered office
- Veurnseweg 502, 8906 Ieper
- Names & denominations
- STUBBATRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2018
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- depannageballoey.be
- Activities · NACE
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