Financials
Financial year 2025
Steelforce Europe from Antwerpen, company number BE0880726544, closed financial year 2025 with a result of € 237,742 after tax. For that financial year Steelforce Europe recorded revenue of € 187.5 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € -656,114 to € 237,742. Profitable, and profit is growing. 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 July 2, 2026.
€ 3.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 237,742
▲ still € 656,115 loss in 2024
Profit after tax over the fiscal year.
€ 492,640
▲ € 438,713 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 € 2.9 million.
Debts at end 2025
€ 7.2 million
▼ 54% vs 2024
Loans from banks and other lenders, long and short.
€ 32.1 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 417,639
▼ 44% 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 | |
|---|---|---|---|---|---|
| Revenue | € 328,755,199 | € 207,379,046 | € 177,091,533 | € 187,515,921 | ▲ 6% |
| Profit after taxes | € 2,787,692 | € 1,213,219 | € -656,114 | € 237,742 | ▲ € 893,856 |
| Equity | € 2,261,008 | € 3,474,228 | € 2,818,113 | € 3,055,855 | ▲ 8% |
| Total debts | € 88,322,166 | € 39,268,799 | € 45,159,638 | € 40,137,093 | ▼ 11% |
| Cash | € 947,534 | € 130,775 | € 53,928 | € 492,640 | ▲ € 438,713 |
| Retained profit | € 2,086,008 | € 3,299,228 | € 2,643,113 | € 2,880,855 | ▲ 9% |
| Dividend | € 2,500,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 37,192,249 | € 15,409,792 | € 15,751,712 | € 7,213,712 | ▼ 54% |
| Balance sheet total | € 90,583,175 | € 42,743,027 | € 47,977,751 | € 43,192,948 | ▼ 10% |
Key figures of Steelforce Europe, 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 Steelforce Europe?
What happened at Steelforce Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hexit BV stepped down as director. NBB
- KZBFin BV stepped down as director. NBB
- Steelforce Group NV stepped down as director. NBB
- Charles Somers stepped down as director. NBB
- Waterkeyn Investments BV stepped down as director. NBB
- Triple MG Consult BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 237,742. Source: NBB ↗
- Hexit BV became a director. NBB
In short
From € 2.8 million profit in 2022 to € 237,742 profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.8 million profit.
Paid out € 2.5 million 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
The stake of Steelforce Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Steelforce EuropeThe shares are held by Steelforce Group (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2027
since 2024 · until 2027
since 2024 · until 2027
since 2024 · until 2027
Director · represented by Jérôme Waterkeyn
Also active at: Steelforce, THALASSA SEAFOODS, Steelforce Group
since 2024 · until 2027
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lange Klarenstraat 16
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 1.4 million revenue · 2025
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€ 235,846 gross margin · 2025
TRANSAF BUILDING same network
€ 327,545 gross margin · 2025
Steelforce Packaging
€ 360.2 million revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.726.544
- VAT number
- BE 0880.726.544
- Registered office
- Lange Klarenstraat 16, 2000 Antwerpen
- Names & denominations
- Steelforce Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2006
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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