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 63 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
STEMACO from Westerlo, company number BE0694776158, closed financial year 2025 with a result of € 122,908 after tax. For that financial year STEMACO recorded a gross margin of € 190,535 and equity of € 552,952. Compared with financial year 2024, the result moved from € 1,751 to € 122,908. 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 June 29, 2026.
€ 552,952
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 122,908
▲ € 121,157 vs 2024
Profit after tax over the fiscal year.
€ 245,837
▲ € 241,335 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 € 534,402.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 432,320
Supplier invoices still open on the last day of the fiscal year.
€ 11,317
▲ 214% 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 | € 11,733 | € 8,620 | € 10,634 | € 190,535 | ▲ € 179,901 |
| Profit after taxes | € -8,454 | € 1,038 | € 1,751 | € 122,908 | ▲ € 121,157 |
| Equity | € 427,256 | € 428,294 | € 430,045 | € 552,952 | ▲ 29% |
| Total debts | € 12,611 | € 13,774 | € 20,211 | € 464,950 | ▲ € 444,739 |
| Cash | € 2,123 | € 5,166 | € 4,502 | € 245,837 | ▲ € 241,335 |
| Land & buildings | € 390,566 | € 382,655 | € 374,743 | € 692,593 | ▲ 85% |
| Retained profit | € 408,706 | € 409,744 | € 411,495 | € 534,402 | ▲ 30% |
| Balance sheet total | € 465,023 | € 465,522 | € 471,950 | € 1,074,304 | ▲ 128% |
Key figures of STEMACO, 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 STEMACO?
What happened at STEMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 122,908 (▲ € 121,157 vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,454 loss in 2022 to € 122,908 profit in 2025.
Paid € 16,391 in corporate taxes since 2022.
Best year ever: 2025, with € 122,908 profit.
Management
Behind STEMACO is Stefan Lornoy. Stefan Lornoy is also behind S.L.C. MANAGEMENT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Tongerlostraat 131
2260 Westerlo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0694.776.158
- VAT number
- BE 0694.776.158
- Registered office
- Tongerlostraat 131, 2260 Westerlo
- Names & denominations
- STEMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2018
- Peppol
- Not registered