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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STEELAND PROJECTS from Brugge, company number BE0727448431, closed financial year 2025 with a result of € 9,799 after tax. For that financial year STEELAND PROJECTS recorded a gross margin of € -5,498 and equity of € 727,210. Compared with financial year 2024, the result moved from € -31,923 to € 9,799. 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 August 25, 2026.
€ 727,210
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,799
▲ still € 31,923 loss in 2024
Profit after tax over the fiscal year.
€ 1,981
▼ 65% 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 € 627,210.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,784
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 681,549 | € 191,034 | € -10,325 | € -5,498 | ▲ € 4,827 |
| Profit after taxes | € 478,541 | € 139,930 | € -31,923 | € 9,799 | ▲ € 41,722 |
| Equity | € 609,404 | € 749,334 | € 717,411 | € 727,210 | ▲ 1% |
| Total debts | € 286,114 | € 276,481 | € 72,578 | € 11,995 | ▼ 83% |
| Cash | € 702,525 | € 1,033,946 | € 5,687 | € 1,981 | ▼ 65% |
| Retained profit | € 509,404 | € 649,334 | € 617,411 | € 627,210 | ▲ 2% |
| Balance sheet total | € 895,518 | € 1,040,815 | € 791,871 | € 739,204 | ▼ 7% |
By gross margin, STEELAND PROJECTS ranks 40th of 49 companies with main activity “Ontwikkeling van residentiële bouwprojecten” in Brugge that publish figures (fiscal year 2025).
Key figures of STEELAND PROJECTS, 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.
Ask about STEELAND PROJECTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to STEELAND PROJECTS?
What happened at STEELAND PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,799. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Pascal STEELAND became a director. NBB
- Ghislain STEELAND became a director. NBB
In short
From € 478,541 profit in 2022 to € 9,799 profit in 2025.
Paid € 278,301 in corporate taxes since 2022.
Best year ever: 2022, with € 478,541 profit.
Management
Behind STEELAND PROJECTS are Pascal STEELAND and Ghislain STEELAND. The same people are also behind STEELAND CONSULT. Pascal STEELAND is also behind LucasFarma.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Karel Ledeganckstraat 2
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Brugge
Same main activity (Ontwikkeling van residentiële bouwprojecten), 56 active companies in Brugge, largest first.
€ 44.9 million revenue · 2025
€ 2.6 million revenue · 2025
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€ 1.4 million gross margin · 2025
€ 1.3 million gross margin · 2025
€ 981,006 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- STEELAND Pascal Marcel Lucienne Richard(oprichter) 100%
Details
- Company number
- 0727.448.431
- VAT number
- BE 0727.448.431
- Registered office
- Karel Ledeganckstraat 2, 8000 Brugge
- Names & denominations
- STEELAND PROJECTS · STEPRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2019
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten