STADION
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive Normal situation
- Legal form
- Public limited company
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- D.S.R.T. NVDirector
Shareholders
- ION HOLDING50%2025 annual accounts of ION HOLDING
- VALQ50%2025 annual accounts of VALQ
Financial position
No score
Annual accounts 2025
- Loss
- €15,681
- Equity
- €224,088
- ▼ 6.5%
- Total assets
- €227,059
- ▼ 84.2%
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 5 filings
Turnover
€0▼ 100%
2023 · €19.9m
EBIT margin
17.0%
Net result
-€15,681
2024 · €98,304
Working capital
€224,088▼ 6.5%
2024 · €239,769
Multi-year overview
2021 to 2025, 5 financial yearsTurnover
no figure
2025
20212025
Operating result
-€19,258
2025
20212025
Net result
-€15,681
2025
20212025
EBIT margin
no figure
2025
20212025
Equity
€224,088
▼ 6.5%
2025
20212025
Total assets
€227,059
▼ 84.2%
2025
20212025
Debt
€2,971
▼ 99.8%
2025
20212025
Working capital
€224,088
▼ 6.5%
2025
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Turnover€19.9m€0▼ 100%
Operating result-€0.005m-€0.007m€3.4m▲ 490×€0.07m▼ 97.9%-€0.02m
Net result-€0.006m--€0.005m▲ 8.9%€2.5m€0.1m▼ 96.1%-€0.02m
EBIT margin17.0%
Equity€0.06m-€0.05m▼ 9.3%€0.1m▲ 179%€0.2m▲ 69.5%€0.2m▼ 6.5%
Total assets€3.9m-€10.3m▲ 165%€7.8m▼ 24.8%€1.4m▼ 81.4%€0.2m▼ 84.2%
Debt€3.8m-€10.3m▲ 167%€7.6m▼ 25.8%€1.2m▼ 84.2%€0.003m▼ 99.8%
Working capital€1.5m-€1.5m▲ 1.1%€0.1m▼ 90.8%€0.2m▲ 67.8%€0.2m▼ 6.5%
The operating result for 2025 is a loss of €19,258, after a profit of €72,756 in 2024. It is the lowest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €227,059
Equity
€224,088 ▼ 6.5%
Debt
€2,971 ▼ 99.8%
Debt's share of the balance-sheet total falls from 83.4% to 1.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
76.43▲
2024 · 1.20
Debt to equity
0.01▼
2024 · 5.01
ROE
-7.0%▼
2024 · 41.0%
ROA
-6.9%▼
2024 · 6.8%
Debt ≤ 1 year
€2,971▼
2024 · €1.2m
Income taxes
€0▼
2024 · €34,567
Supplier credit
65 days▼
2024 · 933 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €5.9m | - | - | - |
| Mortgages, amount registered | - | €13.1m | - | - | - |
| Carrying value of the mortgaged assets | - | €11.6m | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Auditor
The auditor is Ernst et Young Reviseurs d'Entreprises.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €2,000 | €2,000 | €2,331 | €1,175 | €1,169 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €4.5m | €6.9m | €8.2m | €0.2m | €0 | ▼ 100% |
| Turnover70 | - | - | €19.9m | €0 | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €4.5m | €6.9m | -€12.1m | €0 | - | - |
| Other operating income74 | - | - | €0.3m | €0.2m | €0 | ▼ 100% |
| Operating charges60/66A | €4.5m | €6.9m | €4.8m | €0.1m | €0.02m | ▼ 83.1% |
| Goods for resale, raw materials and consumables60 | €4.5m | €6.9m | €4.8m | €0.1m | €0.02m | ▼ 85.1% |
| Purchases600/8 | €4.5m | €6.9m | €4.8m | €0.1m | €0.02m | ▼ 85.1% |
| Services and other goods61 | €0.002m | €0.002m | €0.02m | €0.002m | €0.002m | ▼ 17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0 | - | - | - | - |
| Other operating charges640/8 | €0.001m | €460 | €0.001m | €0.001m | €0.001m | ▲ 3.0% |
| Operating profit (loss)9901 | -€0.005m | €0.007m | €3.4m | €0.07m | -€0.02m | - |
| Financial income75/76B | - | €0 | €0.007m | €0.06m | €0.004m | ▼ 93.1% |
| Recurring financial income75 | - | €0 | €0.007m | €0.06m | €0.004m | ▼ 93.1% |
| Income from current assets751 | - | - | €0.007m | €0.06m | €0.004m | ▼ 93.1% |
| Other financial income752/9 | - | €0 | €0 | €0 | €3 | ▲ 307× |
| Financial charges65/66B | €248 | €0.01m | €0.001m | €0.001m | €0.001m | ▼ 2.0% |
| Recurring financial charges65 | €248 | €0.01m | €0.001m | €0.001m | €0.001m | ▼ 2.0% |
| Debt charges650 | - | €0.01m | €0.001m | €0 | - | - |
| Other financial charges652/9 | €248 | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 2.0% |
| Profit (loss) for the period before taxes9903 | -€0.006m | -€0.005m | €3.4m | €0.1m | -€0.02m | - |
| Income taxes67/77 | - | - | €0.9m | €0.03m | €0 | ▼ 100% |
| Taxes670/3 | - | - | €0.9m | €0.03m | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€0.006m | -€0.005m | €2.5m | €0.1m | -€0.02m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.006m | -€0.005m | €2.5m | €0.1m | -€0.02m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €10.3m | €7.8m | €1.4m | €0.2m | ▼ 84.2% |
| Current assets29/58 | €3.9m | €10.3m | €7.8m | €1.4m | €0.2m | ▼ 84.2% |
| Stocks and contracts in progress3 | €3.5m | €10.1m | €0 | €0 | €0 | - |
| Stocks30/36 | €3.5m | €10.1m | €0 | - | - | - |
| Property held for sale35 | €3.5m | €10.1m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.07m | €9 | €0.6m | €0.4m | €0.2m | ▼ 57.0% |
| Trade receivables40 | €0.07m | €0 | €0.6m | €0.4m | €0 | ▼ 100% |
| Other amounts receivable41 | €9 | €9 | €0 | €11 | €0.2m | ▲ 17,912× |
| Current investments50/53 | - | - | €3.6m | €0 | - | - |
| Other investments51/53 | - | - | €3.6m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €3.6m | €1.0m | €0.03m | ▼ 96.9% |
| Deferred charges and accrued income490/1 | €0.01m | €0.005m | €0.005m | €0 | €0.004m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €10.3m | €7.8m | €1.4m | €0.2m | ▼ 84.2% |
| Equity10/15 | €0.06m | €0.05m | €0.1m | €0.2m | €0.2m | ▼ 6.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | - | - | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.006m | -€0.01m | €0.07m | €0.2m | €0.2m | ▼ 9.1% |
| Amounts payable17/49 | €3.8m | €10.3m | €7.6m | €1.2m | €0.003m | ▼ 99.8% |
| Amounts payable after more than one year17 | €1.4m | €1.4m | €0 | - | - | - |
| Financial debts170/4 | €1.4m | €1.4m | €0 | - | - | - |
| Other loans174 | €1.4m | €1.4m | €0 | - | - | - |
| Amounts payable within one year42/48 | €2.4m | €8.8m | €7.6m | €1.2m | €0.003m | ▼ 99.8% |
| Financial debts43 | €9 | €5.9m | €0 | - | - | - |
| Credit institutions430/8 | €9 | €5.9m | €0 | - | - | - |
| Trade debts44 | €2.4m | €2.9m | €0.9m | €0.3m | €0.003m | ▼ 99.0% |
| Suppliers440/4 | €2.4m | €2.9m | €0.9m | €0.3m | €0.003m | ▼ 99.0% |
| Taxes, remuneration and social security45 | €0.01m | €0.007m | €4.4m | €0.9m | €0 | ▼ 100% |
| Taxes450/3 | €0.01m | €0.007m | €4.4m | €0.9m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €2.4m | €0 | - | - |
| Accrued charges and deferred income492/3 | €0.07m | €0.1m | €0.001m | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.006m | -€0.005m | €2.5m | €0.1m | -€0.02m | - |
| + Depreciation and write-downs630 | €0.002m | €0 | - | - | - | - |
| Operating cash flow (approximation) | -€0.003m | -€0.005m | €2.5m | €0.1m | -€0.02m | - |
| Change in cash | - | -€0.06m | €3.4m | -€2.6m | -€1.0m | ▲ 63.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 26-06-2026 | 2026-00237159 | |
| 31-12-2024 | full format | 26-06-2025 | 2025-00203789 | |
| 31-12-2023 | full format | 02-07-2024 | 2024-00221712 | |
| 31-12-2022 | full format | 12-07-2023 | 2023-00237423 | |
| 31-12-2021 | full format | 12-07-2022 | 2022-20197572 |
Board & ownership
Directors
Directors
1 director
Board 1
D.S.R.T. NV
Current
Director · in office according to the act of 12-02-2025 · Legal entity
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · since 28-06-2024 · permanent representative: Wim Van Gasse · listed in the 2025 annual accounts, filed on 26-06-2026
Owners and capital
Shareholders
2 ownersOwners 2
- Equity €92.5m Profit of €14.1m in 2025 (profit of €17.2m in 2024)50%
-
50%
Mandate history
2 people, 2 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| D.S.R.T. NV |
|
| Ernst et Young Reviseurs d'Entreprises |
|
Network & group
Connections & network
The network starts from the shareholders of STADION. Every company they also own or run is a node.
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
26-06
full format · 35 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€15,681
The net result drops to -€15,681, the lowest from 2021 to 2025.
31-12
Financial
Liquidity more than 63 timescurrent ratio 76.43
The current ratio rises from 1.20 to 76.43. Short-term debt falls from €1.2m to €2,971.
26-06
full format · 35 days before the deadline
12-02
Gazette deed
Permanent representatives: Rita Tanghe and Désiré Stadsbader4 points ▸
Gazette deed
Permanent representatives: Rita Tanghe and Désiré Stadsbader
4 points ▸
- General meeting, 15-07-2024
- Director in office, D.S.R.T. NV (director)
- Permanent representative, Rita Tanghe
- Permanent representative, Désiré Stadsbader
2024
31-12
Financial
Equity above €200,000equity €239,769 ▲69.5%
After 2 profitable years in a row, equity reaches €239,769.
05-08
Gazette deed
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representative: Wim Van Gasse3 points ▸
Gazette deed
Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Wim Van Gasse3 points ▸
- General meeting, 28-06-2024
- Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Wim Van Gasse
02-07
full format · 29 days before the deadline
2023
31-12
Financial
Back to profitnet €2.5m
The net result is €2.5m, after 2 loss-making years.
31-12
Financial
Equity above €100,000equity €141,465 ▲179%
Equity rises from €50,616 to €141,465.
12-07
full format · 19 days before the deadline
2022
12-07
full format · 19 days before the deadline
2020
08-09
4 publications in the Belgian Official Gazette, the last on 12-02-2025
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive
STADION is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Kanaalstraat 1, 8530 Harelbekeas published on 12 February 2025
- Legal form
- Public limited company
- Active since
- 3 September 2020
Sites & property
Location
Buildings and parcels at the address
Ground area
6,085 m²
Building footprint
1,427 m²
Building volume
7,055 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34322C0676/00X000 | Flanders | 6,085 m² | 1 · 1,426 m² | 10.6 m · 2 |