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 18 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
STIV from Deerlijk, company number BE0735737278, closed financial year 2025 with a result of € -144,262 after tax. For that financial year STIV recorded a gross margin of € 613,284 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 169,402 to € -144,262. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 2.3 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -144,262
▼ still € 169,402 profit in 2024
Profit after tax over the fiscal year.
€ 80,718
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
Debts at end 2025
€ 17.5 million
▲ € 13.5 million vs 2024
€ 847,500 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 2.8 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,194
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 | € 349,108 | € 430,446 | € 638,682 | € 613,284 | ▼ 4% |
| Profit after taxes | € 232,123 | € 131,491 | € 169,402 | € -144,262 | ▼ € 313,664 |
| Equity | € 2,103,788 | € 2,235,279 | € 2,404,681 | € 2,260,420 | ▼ 6% |
| Total debts | € 1,454 | € 3,872,915 | € 9,391,580 | € 23,279,022 | ▲ 148% |
| Cash | € 290,634 | € 2,570 | € 305,710 | € 80,718 | ▼ 74% |
| Land & buildings | € 1,182,804 | € 4,990,325 | € 4,811,755 | € 4,633,265 | ▼ 4% |
| Retained profit | € 1,094,429 | € 1,225,920 | € 1,395,323 | € 1,251,061 | ▼ 10% |
| Bank debt | € 0 | € 3,107,500 | € 3,957,018 | € 17,470,000 | ▲ € 13.5 million |
| Balance sheet total | € 2,105,242 | € 6,108,194 | € 11,796,261 | € 25,539,441 | ▲ 117% |
Key figures of STIV, 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 STIV?
What happened at STIV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Indel Invest BV stepped down as director. NBB
- Bouw Georges Tanghe NV stepped down as director. NBB
- Ibeco BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 144,262 (▼ € 313,664 vs 2024). Source: NBB ↗
- Indel Invest BV became a director. NBB
- Bouw Georges Tanghe NV became a director. NBB
- Ibeco BV became a director. NBB
- New establishment in Deerlijk. KBO
In short
From € 232,123 profit in 2022 to € 144,262 loss in 2025.
Paid € 185,853 in corporate taxes since 2022.
Best year ever: 2022, with € 232,123 profit.
Management
The stake of Indel Invest, IBECO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STIVThe shares are held by Indel Invest (90%) and IBECO (10%).
Directors
According to the 2025 annual accounts
Director · represented by Stephanie Valcke
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, JAGERSHOF, LETSGO CITY +19 more
since 2025 · until 2031
Director · represented by Rita Tanghe
Also active at: JACOPS, JACOPS SUD, CAPPAL, PROGEST IMMO, JAGERSHOF, Civitas Projects, Civitas, Terram Sud +2 more
since 2025 · until 2031
Director · represented by Ivan Bossuyt
Also active at: JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, LETSGO CITY, Infrasoft, Inforius Consulting Group +9 more
since 2025 · until 2031
Shareholders
90%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 31
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →JACOPS same network
€ 271.1 million revenue · 2025
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THV GO FOR FIBER (G4F)
THV JACOVER²
+36 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
- 0735.737.278
- VAT number
- BE 0735.737.278
- Registered office
- Nijverheidslaan 31, 8540 Deerlijk
- Names & denominations
- STIV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van syndici van onroerend goed