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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Stemme Belgium from Namur, company number BE0695677466, closed financial year 2025 with a result of € -815,482 after tax. For that financial year Stemme Belgium recorded a gross margin of € 512,396 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -935,179 to € -815,482. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 2.6 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -815,482
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 556,211
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
People and assets in 2025
13.7
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 999,861
▲ 17% vs 2024
€ 73,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 399,011
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,934
▲ 35% vs 2024
Loans from banks and other lenders, long and short.
€ 230,237
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 130,386
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,791 | € -90,020 | € 482,115 | € 512,396 | ▲ 6% |
| Profit after taxes | € -431,948 | € -663,982 | € -935,179 | € -815,482 | ▲ € 119,698 |
| Equity | € -1,131,465 | € 2,446,754 | € 2,823,892 | € 2,617,168 | ▼ 7% |
| Total debts | € 4,096,923 | € 978,837 | € 390,930 | € 451,724 | ▲ 16% |
| Cash | € 226,703 | € 163,527 | € 1,806,022 | € 556,211 | ▼ 69% |
| Retained profit | € -1,192,965 | € -1,856,946 | € -5,129,808 | € -2,491,590 | ▲ € 2.6 million |
| Bank debt | € 3,907,200 | € 0 | € 53,169 | € 71,934 | ▲ 35% |
| Balance sheet total | € 2,965,458 | € 3,425,590 | € 3,214,822 | € 3,175,673 | ▼ 1% |
| Employees (FTE) | 3.4 | 3 | 10.5 | 13.7 | ▲ 3.2 |
Key figures of Stemme Belgium, 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 Stemme Belgium?
What happened at Stemme Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Declerck Ventures SRL stepped down as director. NBB
- Namur Invest Preface SA stepped down as director. NBB
- To Be Comm SRL stepped down as director. NBB
- Olivier de Spoelberch stepped down as director. NBB
- Michael Mitchell stepped down as director. NBB
- Olivier Henin stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 815,482. Source: NBB ↗
- Declerck Ventures SRL became a director. NBB
In short
From € 431,948 loss in 2022 to € 815,482 loss in 2025.
Paid € 139,904 in corporate taxes since 2022.
On average € 37,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Benjamin de Broqueville
Also active at: AERODROME DE NAMUR, Stratos Solution
since 2023 · until 2029
Michael Mitchell
Director
since 2021 · until 2027
Olivier Henin
Director
since 2021 · until 2027
since 2024 · until 2030
Director · represented by Nicolas Delahaye
Also active at: UNAMUR VENTURE, PhiCroBe, TRAQUA, 2LEARN
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue Capt. Aviateur Jacquet(SL) 44
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Aero-Para Club de la Meuse
Centre Ecole régional de Parachutisme sportif de Namur
Fédération des Clubs francophones de Vol à Voile
AERODROME DE NAMUR same network
€ 817,894 gross margin · 2025
LES AILES NAMUROISES
€ -19,186 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.677.466
- VAT number
- BE 0695.677.466
- Registered office
- Rue Capt. Aviateur Jacquet(SL) 44, 5020 Namur
- Names & denominations
- Stemme Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2018
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen
Diensten in verband met de luchtvaart