Financials
Financial year 2025
MECHELE STEVE from Ichtegem, company number BE0886444396, closed financial year 2025 with a result of € 8,288 after tax. For that financial year MECHELE STEVE recorded a gross margin of € 126,329 and equity of € 234,738. Compared with financial year 2024, the result moved from € 88,798 to € 8,288. The company is profitable. 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 June 12, 2026.
€ 234,738
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 35,000 in kind: shares or other assets, valued in the deed.
€ 8,288
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 60,025
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 64,091
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,214
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 168,746
▲ 45% vs 2024
€ 15,967 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 16,737
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,126
▲ 52% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 195,456 | € 125,828 | € 105,070 | € 126,329 | ▲ 20% |
| Profit after taxes | € -6,233 | € -43,339 | € 88,798 | € 8,288 | ▼ 91% |
| Equity | € 200,991 | € 157,652 | € 246,450 | € 234,738 | ▼ 5% |
| Total debts | € 232,966 | € 215,893 | € 138,424 | € 211,674 | ▲ 53% |
| Cash | € 2,034 | € 1,111 | € 119,116 | € 60,025 | ▼ 50% |
| Land & buildings | € 363,608 | € 350,384 | € 214,082 | € 327,887 | ▲ 53% |
| Retained profit | € 182,441 | € 139,102 | € 227,900 | € 216,188 | ▼ 5% |
| Dividend | € 0 | € 0 | € 0 | € 20,000 | |
| Bank debt | € 116,279 | € 103,083 | € 116,429 | € 168,746 | ▲ 45% |
| Balance sheet total | € 433,958 | € 373,546 | € 384,874 | € 446,411 | ▲ 16% |
By gross margin, MECHELE STEVE ranks 1st of 11 companies with main activity “Schilderen van gebouwen” in Ichtegem that publish figures (fiscal year 2025).
Key figures of MECHELE STEVE, 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.
Ask about MECHELE STEVE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MECHELE STEVE?
What happened at MECHELE STEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,288 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Ichtegem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 6,233 loss in 2022 to € 8,288 profit in 2025.
Paid € 28,052 in corporate taxes since 2022.
Best year ever: 2024, with € 88,798 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind MECHELE STEVE is Steve MECHELE.
Directors
According to the 2025 annual accounts
Steve MECHELE
Director
Establishments
Establishment units
Physical locations of this company
Industriestraat(ICH) 25C
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ichtegem
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€ 88,287 gross margin · 2025
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Mechele Steve Roger(oprichter) 100%
Details
- Company number
- 0886.444.396
- VAT number
- BE 0886.444.396
- Registered office
- Industriestraat(ICH) 25C, 8480 Ichtegem
- Names & denominations
- MECHELE STEVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2007
- Peppol
- Active · Active since 20 Jun 2026
- Activities · NACE
Schilderen van gebouwen
Schilderen
Stukadoorswerk
Plaatsen van behang
Overige gespecialiseerde werkzaamheden in de bouw
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden