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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STERLINE from Jurbise, company number BE0848355763, closed financial year 2025 with a result of € 1,521 after tax. For that financial year STERLINE recorded a gross margin of € 22,002 and equity of € 94,644. Compared with financial year 2024, the result moved from € 15,419 to € 1,521. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 94,644
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,521
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 3,240
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 32,144.
People and assets in 2025
€ 58
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,232
▲ € 1,051 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 535,000
▼ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 5,836
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,095
▲ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 487,551 | € 150,700 | - | - | |
| Gross margin | € 134,442 | € -1,573 | € 35,989 | € 22,002 | ▼ 39% |
| Profit after taxes | € 110,677 | € -12,101 | € 15,419 | € 1,521 | ▼ 90% |
| Equity | € 89,805 | € 77,704 | € 93,123 | € 94,644 | ▲ 2% |
| Total debts | € 553,987 | € 941,677 | € 1,590,930 | € 1,286,083 | ▼ 19% |
| Cash | € 23,377 | € 4,265 | € 4,319 | € 3,240 | ▼ 25% |
| Land & buildings | € 67,795 | € 63,174 | € 60,912 | € 55,795 | ▼ 8% |
| Retained profit | € 27,305 | € 15,204 | € 30,623 | € 32,144 | ▲ 5% |
| Bank debt | € 500,000 | € 500,000 | € 645,000 | € 535,000 | ▼ 17% |
| Balance sheet total | € 643,792 | € 1,019,382 | € 1,684,053 | € 1,380,727 | ▼ 18% |
Key figures of STERLINE, 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 STERLINE?
What happened at STERLINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lionel Merlin stepped down as director. NBB
- André Merlin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,521 (▼ 90% vs 2024). Source: NBB ↗
- Lionel Merlin became a director. NBB
- André Merlin became a director. NBB
- New establishment in Jurbise. KBO
- Start of the company according to the CBE. KBO
In short
From € 110,677 profit in 2022 to € 1,521 profit in 2025.
Paid € 19,808 in corporate taxes since 2022.
Best year ever: 2022, with € 110,677 profit.
Management
It owns 50% of MANUFACTURE DU BOIS, 49% of COOP-EX and 40% of 3B Constructions et Toitures itself.
Directors
According to the 2025 annual accounts
Lionel Merlin
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Chemin des Charbonniers(J) 12
7050 Jurbise
Rue Gaston Remson(J) 4 box A
7050 Jurbise
Active since 17 September 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.355.763
- VAT number
- BE 0848.355.763
- Registered office
- Chemin des Charbonniers(J) 12, 7050 Jurbise
- Names & denominations
- STERLINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2012
- Peppol
- Active · Active since 24 Sept 2024
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