Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
STELUT from Merchtem, company number BE0832704715, closed financial year 2025 with a result of € -33,588 after tax. For that financial year STELUT recorded a gross margin of € 16,142 and equity of € 986,252. Compared with financial year 2024, the result moved from € -76,076 to € -33,588. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 986,252
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,588
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 51,843
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 644,052.
People and assets in 2025
€ 22,216
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,913
▼ 30% vs 2024
€ 9,165 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,658
▲ € 2,452 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,639
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,854 | € 50,383 | € -20,122 | € 16,142 | ▲ € 36,263 |
| Profit after taxes | € -15,559 | € -2,891 | € -76,076 | € -33,588 | ▲ € 42,488 |
| Equity | € 1,133,939 | € 1,119,619 | € 1,031,971 | € 986,252 | ▼ 4% |
| Total debts | € 49,897 | € 53,875 | € 42,547 | € 36,652 | ▼ 14% |
| Cash | € 176,331 | € 143,101 | € 33,891 | € 51,843 | ▲ 53% |
| Land & buildings | € 1,174,789 | € 1,130,243 | € 1,085,697 | € 1,041,152 | ▼ 4% |
| Retained profit | € 791,739 | € 777,419 | € 689,771 | € 644,052 | ▼ 7% |
| Dividend | € 0 | € 11,429 | € 11,571 | € 12,131 | ▲ 5% |
| Bank debt | € 47,149 | € 38,619 | € 29,875 | € 20,913 | ▼ 30% |
| Balance sheet total | € 1,463,644 | € 1,442,966 | € 1,333,652 | € 1,271,700 | ▼ 5% |
Key figures of STELUT, 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 STELUT?
What happened at STELUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,588. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 15,559 loss in 2022 to € 33,588 loss in 2025.
Paid € 2,203 in corporate taxes since 2022.
Paid out € 35,131 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind STELUT are Stefaan Robberechts and Lutgart Verhaegen.
Directors
According to the 2025 annual accounts
Stefaan Robberechts
Director
Lutgart Verhaegen
Director
Establishments
Establishment units
Physical locations of this company
Langevelde 44
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.704.715
- VAT number
- BE 0832.704.715
- Registered office
- Langevelde 44, 1785 Merchtem
- Names & denominations
- STELUT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2011
- Peppol
- Active · Active since 22 Aug 2025