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.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Steele from Nazareth-De Pinte, company number BE0883256957, closed financial year 2025 with a result of € -37,104 after tax. For that financial year Steele recorded a gross margin of € -392 and equity of € 191,707. Compared with financial year 2024, the result moved from € -5,640 to € -37,104. 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 January 29, 2026.
€ 191,707
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,104
▼ 558 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,598
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 161,707.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 280
▲ 52% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 68,216
▼ 31% vs 2024
€ 15,413 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 15,098
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 976
▼ 59% 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 | € 44,410 | € 41,332 | € 32,842 | € -392 | ▼ € 33,234 |
| Profit after taxes | € 84 | € -16,724 | € -5,640 | € -37,104 | ▼ € 31,463 |
| Equity | € 271,175 | € 234,451 | € 228,811 | € 191,707 | ▼ 16% |
| Total debts | € 220,776 | € 168,072 | € 134,307 | € 111,481 | ▼ 17% |
| Cash | € 19,157 | € 8,550 | € 1,395 | € 1,598 | ▲ 15% |
| Land & buildings | € 187,263 | € 166,928 | € 146,592 | € 126,256 | ▼ 14% |
| Retained profit | € 241,175 | € 204,451 | € 198,811 | € 161,707 | ▼ 19% |
| Dividend | € 12,000 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 134,285 | € 107,140 | € 98,482 | € 68,216 | ▼ 31% |
| Balance sheet total | € 491,951 | € 402,523 | € 363,118 | € 303,188 | ▼ 17% |
Key figures of Steele, 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 Steele?
What happened at Steele in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,104. Source: NBB ↗
- New establishment in Koksijde. KBO
- New establishment in Nazareth-De Pinte. KBO
- Patrick De Vriendt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84 profit in 2022 to € 37,104 loss in 2025.
Paid € 1,230 in corporate taxes since 2022.
Best year ever: 2022, with € 84 profit.
Paid out € 32,000 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 Steele is Patrick De Vriendt. The shares are held by Patrick De Vriendt. It owns 100% of Raunas itself.
Directors
According to the 2025 annual accounts
Patrick De Vriendt
Manager
Is a shareholder
since 2006
Shareholders
Patrick De Vriendt · director
Participations
Raunas
100%
Establishments
Establishment units
Physical locations of this company
Kortrijkseheerweg 15
9810 Nazareth-De Pinte
Strandlaan(Kok) 271
8670 Koksijde
Active since 9 November 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0883.256.957
- VAT number
- BE 0883.256.957
- Registered office
- Kortrijkseheerweg 15, 9810 Nazareth-De Pinte
- Names & denominations
- Steele
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2006
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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