Active · per the CBE, 30 October 2026

STER-CO

BE0778795380

Rechtspersoon Private limited company 1 establishment

STER-CO is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 17 December 2021, 1 establishment.

Achterheide 9, 2260 Westerlo

Behind the company: Steven Mertens.

Active for

4 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

STER-CO from Westerlo, company number BE0778795380, closed financial year 2025 with a result of € 248,647 after tax. For that financial year STER-CO recorded a gross margin of € 66,027 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 442,112 to € 248,647. The company is profitable. 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 April 8, 2026.

What it is worth Growing

€ 1.7 million

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 248,647

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 143,787

▼ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.5 million.

People and assets in 2025

Wage cost

€ 1,040

▼ 12% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,928

▼ 77% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 1.1 million

▼ 27% vs 2024

€ 149,185 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 902

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 68,541

▼ 26% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 19,131 € 67,090 € 69,243 € 66,027 ▼ 5%
Profit after taxes € 339,497 € 504,940 € 442,112 € 248,647 ▼ 44%
Equity € 464,497 € 969,437 € 1,411,549 € 1,660,196 ▲ 18%
Total debts € 2,311,531 € 1,958,583 € 1,743,521 € 1,307,985 ▼ 25%
Cash € 30,643 € 64,669 € 221,810 € 143,787 ▼ 35%
Retained profit € 339,497 € 844,437 € 1,286,549 € 1,535,196 ▲ 19%
Bank debt € 2,116,193 € 1,731,040 € 1,525,535 € 1,119,661 ▼ 27%
Balance sheet total € 2,776,028 € 2,928,020 € 3,155,070 € 2,968,181 ▼ 6%

Key figures of STER-CO, 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 STER-CO?

What happened at STER-CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 248,647 (▼ 44% vs 2024). Source: NBB ↗
  • New establishment in Westerlo. KBO
  • Steven Mertens became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 339,497 profit in 2022 to € 248,647 profit in 2025.

Paid € 154,272 in corporate taxes since 2022.

Best year ever: 2023, with € 504,940 profit.

Management

Steven Mertens
STER-CO
fetuco 33%

Behind STER-CO is Steven Mertens. It owns 33% of TM Holdco and 33% of fetuco itself.

Directors

According to the 2025 annual accounts

Steven Mertens

Niet - statutair zaakvoerder

Also active at: ROTEC

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Achterheide 9

2260 Westerlo

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0778.795.380
VAT number
BE 0778.795.380
Registered office
Achterheide 9, 2260 Westerlo
Names & denominations
STER-CO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
17 December 2021
Peppol
Active · Active since 17 Dec 2025
Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van hoofdkantoren

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does STER-CO do?
STER-CO is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 17 December 2021, 1 establishment.
What is the address of STER-CO?
The registered office of STER-CO is located at Achterheide 9, 2260 Westerlo.
Is STER-CO still active?
Yes. According to the CBE (30 October 2026) STER-CO is active, legal situation “Normale toestand”, started on 17 December 2021.
Is STER-CO registered on Peppol?
Yes, STER-CO is registered on the Peppol network with ID 0208:0778795380.
What is the enterprise number of STER-CO?
The enterprise number of STER-CO is BE0778795380.
When was STER-CO founded?
STER-CO was founded on 17 December 2021.