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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ST2B from Kortrijk, company number BE0704622054, closed financial year 2025 with a result of € 62,869 after tax. For that financial year ST2B recorded a gross margin of € 111,381 and equity of € 364,943. Compared with financial year 2024, the result moved from € -41,277 to € 62,869. 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 January 21, 2026.
€ 364,943
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,869
▲ still € 41,277 loss in 2024
Profit after tax over the fiscal year.
€ 3,248
▲ € 3,138 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 € -135,057.
Debts at end 2025
€ 432,778
▼ 6% vs 2024
€ 26,243 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 11,133
▲ € 10,127 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,440 | € 12,892 | € 5,838 | € 111,381 | ▲ € 105,543 |
| Profit after taxes | € 602 | € -30,973 | € -41,277 | € 62,869 | ▲ € 104,146 |
| Equity | € 374,324 | € 343,351 | € 302,074 | € 364,943 | ▲ 21% |
| Total debts | € 501,450 | € 517,794 | € 531,067 | € 445,339 | ▼ 16% |
| Cash | € 4,121 | € 28,969 | € 110 | € 3,248 | ▲ € 3,138 |
| Land & buildings | € 836,240 | € 832,034 | € 832,855 | € 805,589 | ▼ 3% |
| Retained profit | € -125,676 | € -156,649 | € -197,926 | € -135,057 | ▲ € 62,869 |
| Bank debt | € 464,824 | € 489,581 | € 460,455 | € 432,778 | ▼ 6% |
| Balance sheet total | € 875,774 | € 861,144 | € 833,140 | € 810,282 | ▼ 3% |
Key figures of ST2B, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ST2B?
What happened at ST2B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,869. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 602 profit in 2022 to € 62,869 profit in 2025.
Best year ever: 2025, with € 62,869 profit.
Management
Behind ST2B is Pieter Stichelbout.
Directors
According to the 2025 annual accounts
Pieter Stichelbout
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Bijstert(Aal) 14
8511 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0704.622.054
- VAT number
- BE 0704.622.054
- Registered office
- Bijstert(Aal) 14, 8511 Kortrijk
- Names & denominations
- ST2B
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2018
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
Metselwerk
Uitvoeren van metsel- en voegwerken
Installatie van isolatie
Schrijnwerk
Plaatsen van vloer- en wandtegels
Slopen
Sanitaire werkzaamheden
Isolatiewerkzaamheden