Active · per the CBE, 17 September 2026

STIMACO

BE0836027855

Rechtspersoon Private limited company

STIMACO is filed with the CBE under the catch-all “Agenten en makelaars in bankdiensten”. Also registered: insurance broker. Private Limited, started on 5 May 2011.

Koninklijke Baan(Kok) 159, 8670 Koksijde

Behind the company: Tim Algoet.

Active for

15 year, 4 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 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

STIMACO from Koksijde, company number BE0836027855, closed financial year 2025 with a result of € 12,330 after tax. For that financial year STIMACO recorded a gross margin of € 72,661 and equity of € 209,666. Compared with financial year 2024, the result moved from € 16,125 to € 12,330. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 9, 2025.

What it is worth Growing

€ 209,666

▲ 6% vs 2024

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

Profit Healthy

€ 12,330

▼ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,377

▲ 15% 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 € 160,060.

People and assets in 2025

Vehicles and equipment

€ 20,234

▼ 52% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 162,279

▼ 28% vs 2024

€ 56,065 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 6,201

▲ 172% vs 2024

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

Taxes and wages

€ 10,836

▲ 30% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 138,163 - - -
Gross margin € 69,480 € 80,115 € 81,309 € 72,661 ▼ 11%
Profit after taxes € 10,542 € 20,056 € 16,125 € 12,330 ▼ 24%
Equity € 161,153 € 181,209 € 197,336 € 209,666 ▲ 6%
Total debts € 718,654 € 687,547 € 642,884 € 583,054 ▼ 9%
Cash € 3,603 € 10,184 € 11,667 € 13,377 ▲ 15%
Land & buildings € 811,260 € 788,760 € 766,260 € 758,273 ▼ 1%
Retained profit € 111,546 € 131,602 € 147,730 € 160,060 ▲ 8%
Bank debt € 345,786 € 286,167 € 225,120 € 162,279 ▼ 28%
Balance sheet total € 881,645 € 870,991 € 841,642 € 793,331 ▼ 6%

Key figures of STIMACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to STIMACO?

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

  • New annual accounts for financial year 2025: profit of € 12,330 (▼ 24% vs 2024). Source: NBB ↗
  • Tim Algoet became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 10,542 profit in 2022 to € 12,330 profit in 2025.

Paid € 22,844 in corporate taxes since 2022.

Best year ever: 2023, with € 20,056 profit.

Management

Tim Algoet
STIMACO

Behind STIMACO is Tim Algoet.

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Directors

According to the 2025 annual accounts

Tim Algoet

Director

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Koninklijke Baan(Kok) 159

8670 Koksijde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0836.027.855
VAT number
BE 0836.027.855
Registered office
Koninklijke Baan(Kok) 159, 8670 Koksijde
Names & denominations
STIMACO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 May 2011
Peppol
Active · Active since 17 Dec 2025
Activities · NACE

Agenten en makelaars in bankdiensten

Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

Activiteiten van verzekeringsagenten en -makelaars

Frequently asked questions

What does STIMACO do?
STIMACO is filed with the CBE under the catch-all “Agenten en makelaars in bankdiensten”. Also registered: insurance broker. Private Limited, started on 5 May 2011.
What is the address of STIMACO?
The registered office of STIMACO is located at Koninklijke Baan(Kok) 159, 8670 Koksijde.
Is STIMACO still active?
Yes. According to the CBE (17 September 2026) STIMACO is active, legal situation “Normale toestand”, started on 5 May 2011.
Is STIMACO registered on Peppol?
Yes, STIMACO is registered on the Peppol network with ID 0208:0836027855.
What is the enterprise number of STIMACO?
The enterprise number of STIMACO is BE0836027855.
When was STIMACO founded?
STIMACO was founded on 5 May 2011.