Financials
Financial year 2025
Stow from Spiere-Helkijn, company number BE0737632837, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year Stow recorded revenue of € 102 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 6.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ € 1.9 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.7 million paid out
97 % of the profit went to the shareholders, mostly to Stow International NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 403,951
▲ 5% vs 2024
€ 118,800 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.
Debts at end 2025
€ 30,066
▲ 186% vs 2024
Loans from banks and other lenders, long and short.
€ 8.8 million
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 1.5 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 117,439,199 | € 133,938,452 | € 99,929,166 | € 101,968,989 | ▲ 2% |
| Profit after taxes | € 3,124,034 | € 3,541,896 | € 1,288,619 | € 1,745,682 | ▲ 35% |
| Equity | € 5,104,887 | € 5,146,783 | € 6,435,402 | € 6,481,084 | ▲ 1% |
| Total debts | € 38,952,456 | € 42,737,886 | € 15,235,242 | € 21,045,262 | ▲ 38% |
| Cash | € 1,983,822 | € 3,230,316 | € 158,081 | € 2,083,534 | ▲ € 1.9 million |
| Retained profit | € 500,221 | € 542,117 | € 1,830,736 | € 1,876,418 | ▲ 2% |
| Dividend | € 2,800,000 | € 3,500,000 | € 0 | € 1,700,000 | |
| Bank debt | € 0 | € 917,000 | € 10,500 | € 30,066 | ▲ 186% |
| Balance sheet total | € 44,057,357 | € 47,884,694 | € 21,670,697 | € 27,526,346 | ▲ 27% |
| Employees (FTE) | 4 | 3.8 | 3.8 | 3.4 | ▼ 0.4 |
Key figures of Stow, 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 Stow?
What happened at Stow in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ 35% vs 2024). Source: NBB ↗
- P-MAN BV stepped down as director. NBB
- Tom GYSENS BV stepped down as director. NBB
- Devuma BV stepped down as director. NBB
- New establishment in Sint-Truiden. KBO
- New establishment in Mouscron. KBO
- New establishment in Spiere-Helkijn. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.5 million profit.
Paid out € 8 million in dividends to the owners in total.
Management
The shares are held by Stow International NV (100%).
Directors
According to the 2025 annual accounts
since 2019 · until 2026
Director · represented by Tom Gysens
Also active at: STOW INTERNATIONAL, MOVU, Stow Belgium
since 2019 · until 2026
Director · represented by Jos De Vuyst
Also active at: STOW INTERNATIONAL, REYNAERS ALUMINIUM, Ekopak, STEELCO INVEST, MOVU, Stow Belgium
since 2019 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 6B
8587 Spiere-Helkijn
Fabriekstraat 34
3800 Sint-Truiden
Active since 1 January 2020
Jacquetboslaan(D) 10
7711 Mouscron
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0737.632.837
- VAT number
- BE 0737.632.837
- Registered office
- Industriepark 6B, 8587 Spiere-Helkijn
- Names & denominations
- Stow
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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