STADSBADER
ActiveSummary
STADSBADER has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135.3m and a net result of €27.9m. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 299 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70=
Solvency59▼-8
Growth75▼-2
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.43 in 2024; short-term debt: 65% and cash: 2.8% of total assets), and 66% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34%
Return on assets
7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 d early
2024
15 d early
2023
28 d early
2022
20 d early
2022
39 d early
2021
39 d early
2020
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#1 employer in West Flanders, Construction sector#1 company by total assets in West Flanders, Construction sector#1 company by equity in Harelbeke, Construction sector
Turnover
€528.9m▲ 0.4%
2024 · €526.6m
EBIT margin
5.9%▲ 0.4pp
2024 · 5.6%
Net result
€27.9m▲ 3.8%
2024 · €26.9m
Working capital
€73.9m▼ 1.0%
2024 · €74.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222022202320242025
Turnover€398.4m▲ 31.7%€219.5m-€451.2m▲ 106%€526.6m▲ 16.7%€528.9m▲ 0.4%
Operating result€18.3m▼ 6.9%€10.4m-€24.1m▲ 131%€29.3m▲ 21.6%€31.4m▲ 6.9%
Net result€12.3mabove the sector's middle half▼ 9.9%€44.5mabove the sector's middle half-€20.5mabove the sector's middle half▼ 54.1%€26.9mabove the sector's middle half▲ 31.4%€27.9mabove the sector's middle half▲ 3.8%
EBIT margin4.6%▼ 1.9pp4.8%-5.4%▲ 0.6pp5.6%▲ 0.2pp5.9%▲ 0.4pp
Equity€115.2mabove the sector's middle half▼ 6.3%€119.8mabove the sector's middle half-€130.0mabove the sector's middle half▲ 8.6%€126.9mabove the sector's middle half▼ 2.4%€135.3mabove the sector's middle half▲ 6.6%
Total assets€252.3mabove the sector's middle half▲ 18.5%€237.2mabove the sector's middle half-€263.4mabove the sector's middle half▲ 11.0%€305.1mabove the sector's middle half▲ 15.9%€398.1mabove the sector's middle half▲ 30.5%
Debt€136.6m▲ 52.5%€116.9m-€132.3m▲ 13.2%€178.2m▲ 34.7%€262.8m▲ 47.5%
Working capital€41.7m▼ 31.4%€83.0m-€90.4m▲ 9.0%€74.7m▼ 17.4%€73.9m▼ 1.0%
Solvency45.7%within the sector's middle half▼ 12.1pp50.5%within the sector's middle half-49.4%within the sector's middle half▼ 1.1pp41.6%within the sector's middle half▼ 7.8pp34.0%within the sector's middle half▼ 7.6pp
Staff (FTE)650above the sector's middle half▲ 10.4%668above the sector's middle half-719.6above the sector's middle half▲ 7.7%752.6above the sector's middle half▲ 4.6%752.1above the sector's middle half▼ 0.1%
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Turnover +106%, Net result -54% on 2022. The previous fiscal year ran 6 months, this one 12.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €398.1m
Fixed assets
€65.5m ▲ 13.5%
Current assets
€332.7m ▲ 34.4%
Equity and liabilities €398.1m
Equity
€135.3m ▲ 6.6%
Debt
€262.8m ▲ 47.5%
Debt's share of the balance-sheet total rises from 58.4% to 66.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44.8m▲
2024 · €41.2m
Cash flow
€41.4m▲
2024 · €38.7m
Current ratio
1.29▼
2024 · 1.43
Quick ratio
1.26▼
2024 · 1.40
Debt to equity
1.94▲
2024 · 1.40
ROE
20.6%▼
2024 · 21.2%
ROA
7.0%▼
2024 · 8.8%
Interest coverage
353.21▲
2024 · 89.22
Debt ≤ 1 year
€258.7m▲
2024 · €172.8m
Debt > 1 year
€2.1m▼
2024 · €2.9m
Income taxes
€7.9m▲
2024 · €6.3m
Staff costs
€60.8m▲
2024 · €59.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 344 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0%
went bankrupt
2.3%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 344 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €411.7m | €224.4m | €459.5m | €550.9m | €545.1m | ▼ 1.1% |
| Turnover70 | €398.4m | €219.5m | €451.2m | €526.6m | €528.9m | ▲ 0.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€336,460 | -€138,417 | -€277,497 | €455,516 | €138,327 | ▼ 69.6% |
| Own construction capitalised72 | €6.7m | - | - | - | - | - |
| Other operating income74 | €6.7m | €5.1m | €8.5m | €23.5m | €15.6m | ▼ 33.9% |
| Non-recurring operating income76A | €200,052 | - | €67,467 | €302,214 | €499,008 | ▲ 65.1% |
| Operating charges60/66A | €393.4m | €214.0m | €435.4m | €521.5m | €513.7m | ▼ 1.5% |
| Goods for resale, raw materials and consumables60 | €304.1m | €158.2m | €322.5m | €396.4m | €389.1m | ▼ 1.8% |
| Purchases600/8 | €305.1m | €158.4m | €323.8m | €394.2m | €390.4m | ▼ 1.0% |
| Change in stocks: decrease (increase)609 | -€999,052 | -€175,483 | -€1.4m | €2.1m | -€1.3m | ▼ 162% |
| Services and other goods61 | €34.9m | €23.9m | €44.3m | €48.5m | €47.6m | ▼ 1.8% |
| Remuneration, social security and pensions62 | €43.7m | €25.1m | €54.9m | €59.3m | €60.8m | ▲ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8.4m | €4.9m | €9.6m | €11.8m | €13.4m | ▲ 13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,080 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €500,000 | -€1.0m | - | - |
| Other operating charges640/8 | €2.1m | €1.8m | €3.5m | €5.8m | €2.7m | ▼ 52.3% |
| Non-recurring operating charges66A | €14,720 | €48,591 | €93,130 | €864,869 | €53,568 | ▼ 93.8% |
| Operating profit (loss)9901 | €18.3m | €10.4m | €24.1m | €29.3m | €31.4m | ▲ 6.9% |
| Financial income75/76B | €805,419 | €39.7m | €3.5m | €4.3m | €5.2m | ▲ 20.7% |
| Recurring financial income75 | €805,419 | €590,544 | €3.3m | €4.3m | €4.6m | ▲ 6.2% |
| Income from financial fixed assets750 | - | €65,000 | - | €106,641 | €114,000 | ▲ 6.9% |
| Income from current assets751 | €453,265 | €346,449 | €3.0m | €3.8m | €3.8m | ▲ 0.3% |
| Other financial income752/9 | €352,154 | €179,096 | €324,844 | €404,188 | €651,580 | ▲ 61.2% |
| Non-recurring financial income76B | - | €39.1m | €200,000 | - | €625,000 | - |
| Financial charges65/66B | €525,918 | €2.7m | €623,173 | €463,500 | €733,360 | ▲ 58.2% |
| Recurring financial charges65 | €525,918 | €226,612 | €368,587 | €463,500 | €733,360 | ▲ 58.2% |
| Debt charges650 | €219,941 | €220,888 | €360,551 | €461,311 | €126,838 | ▼ 72.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €108,750 | - |
| Other financial charges652/9 | €305,977 | €5,724 | €8,037 | €2,189 | €497,772 | ▲ 22,642% |
| Non-recurring financial charges66B | - | €2.4m | €254,585 | - | - | - |
| Profit (loss) for the period before taxes9903 | €18.6m | €47.5m | €27.1m | €33.2m | €35.8m | ▲ 8.0% |
| Income taxes67/77 | €6.3m | €2.9m | €6.6m | €6.3m | €7.9m | ▲ 25.7% |
| Taxes670/3 | €6.4m | €2.9m | €7.1m | €7.5m | €8.1m | ▲ 9.4% |
| Tax adjustments and reversals of tax provisions77 | €35,759 | - | €532,237 | €1.2m | €251,854 | ▼ 78.4% |
| Profit (loss) for the period9904 | €12.3m | €44.5m | €20.5m | €26.9m | €27.9m | ▲ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €12.3m | €44.5m | €20.5m | €26.9m | €27.9m | ▲ 3.8% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €252.3m | €237.2m | €263.4m | €305.1m | €398.1m | ▲ 30.5% |
| Fixed assets21/28 | €83.4m | €45.9m | €47.5m | €57.7m | €65.5m | ▲ 13.5% |
| Intangible fixed assets21 | €41,784 | €22,923 | €88,868 | €68,884 | €49,480 | ▼ 28.2% |
| Tangible fixed assets22/27 | €34.9m | €35.0m | €36.6m | €46.8m | €54.6m | ▲ 16.6% |
| Land and buildings22 | €11.2m | €10.9m | €11.1m | €11.5m | €10.7m | ▼ 7.0% |
| Plant, machinery and equipment23 | €18.4m | €18.6m | €18.0m | €27.4m | €35.5m | ▲ 29.5% |
| Furniture and vehicles24 | €5.1m | €5.3m | €7.5m | €7.9m | €8.5m | ▲ 6.4% |
| Leasing and similar rights25 | €179,281 | €167,058 | - | - | - | - |
| Financial fixed assets28 | €48.4m | €10.9m | €10.8m | €10.8m | €10.8m | ▲ 0.2% |
| Affiliated companies280/1 | €47.5m | €9.9m | €9.8m | €9.8m | €9.8m | ▼ 0.7% |
| Participating interests280 | €47.5m | €9.9m | €9.8m | €9.8m | €9.8m | ▼ 0.7% |
| Companies linked by participating interests282/3 | €116,000 | €116,248 | €116,248 | €116,248 | €200,122 | ▲ 72.2% |
| Participating interests282 | €116,000 | €116,248 | €116,248 | €116,248 | €200,122 | ▲ 72.2% |
| Other financial fixed assets284/8 | €826,140 | €830,729 | €838,927 | €841,834 | €847,279 | ▲ 0.6% |
| Shares284 | €68,550 | €68,550 | €68,550 | €68,550 | €68,550 | = |
| Amounts receivable and cash guarantees285/8 | €757,590 | €762,179 | €770,377 | €773,284 | €778,729 | ▲ 0.7% |
| Current assets29/58 | €168.9m | €191.2m | €215.9m | €247.4m | €332.7m | ▲ 34.4% |
| Amounts receivable after more than one year29 | €839,752 | €997,368 | €1.0m | €1.0m | €177,342 | ▼ 82.8% |
| Other amounts receivable291 | €839,752 | €997,368 | €1.0m | €1.0m | €177,342 | ▼ 82.8% |
| Stocks and contracts in progress3 | €6.2m | €6.2m | €7.3m | €6.3m | €7.4m | ▲ 18.6% |
| Stocks30/36 | €5.2m | €5.4m | €6.8m | €4.6m | €6.0m | ▲ 28.6% |
| Raw materials and consumables30/31 | €5.2m | €5.4m | €6.8m | €4.6m | €6.0m | ▲ 28.6% |
| Contracts in progress37 | €943,493 | €805,076 | €527,579 | €1.6m | €1.5m | ▼ 9.4% |
| Amounts receivable within one year40/41 | €135.1m | €139.9m | €161.2m | €148.3m | €179.5m | ▲ 21.0% |
| Trade receivables40 | €115.2m | €92.1m | €98.8m | €116.6m | €127.7m | ▲ 9.5% |
| Other amounts receivable41 | €20.0m | €47.8m | €62.3m | €31.7m | €51.8m | ▲ 63.2% |
| Current investments50/53 | €120,577 | €120,577 | €30.1m | €73.3m | €131.7m | ▲ 79.8% |
| Other investments51/53 | €120,577 | €120,577 | €30.1m | €73.3m | €131.7m | ▲ 79.8% |
| Cash at bank and in hand54/58 | €23.3m | €41.3m | €12.9m | €16.1m | €11.0m | ▼ 31.9% |
| Deferred charges and accrued income490/1 | €3.4m | €2.7m | €3.3m | €2.4m | €2.9m | ▲ 18.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €252.3m | €237.2m | €263.4m | €305.1m | €398.1m | ▲ 30.5% |
| Equity10/15 | €115.2m | €119.8m | €130.0m | €126.9m | €135.3m | ▲ 6.6% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €98.7m | €98.7m | €98.7m | €98.7m | €98.7m | = |
| Non-distributable reserves130/1 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Legal reserve130 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Tax-exempt reserves132 | €73.0m | €73.0m | €73.0m | €73.0m | €73.0m | = |
| Distributable reserves133 | €25.4m | €25.4m | €25.4m | €25.4m | €25.4m | = |
| Profit (loss) carried forward14 | €14.6m | €19.1m | €29.4m | €26.3m | €34.2m | ▲ 30.2% |
| Investment grants15 | - | - | - | - | €464,707 | - |
| Provisions and deferred taxes16 | €500,000 | €500,000 | €1.0m | - | - | - |
| Provisions for liabilities and charges160/5 | €500,000 | €500,000 | €1.0m | - | - | - |
| Other liabilities and charges164/5 | €500,000 | €500,000 | €1.0m | - | - | - |
| Amounts payable17/49 | €136.6m | €116.9m | €132.3m | €178.2m | €262.8m | ▲ 47.5% |
| Amounts payable after more than one year17 | €7.9m | €6.8m | €4.8m | €2.9m | €2.1m | ▼ 27.3% |
| Financial debts170/4 | €7.9m | €6.8m | €4.8m | €2.9m | €2.1m | ▼ 27.3% |
| Credit institutions173 | €7.9m | €6.8m | €4.8m | €2.9m | €2.1m | ▼ 27.3% |
| Amounts payable within one year42/48 | €127.2m | €108.3m | €125.5m | €172.8m | €258.7m | ▲ 49.8% |
| Current portion of amounts payable after more than one year42 | €2.7m | €2.4m | €2.0m | €1.8m | €804,962 | ▼ 55.6% |
| Trade debts44 | €99.2m | €97.0m | €112.4m | €148.4m | €129.4m | ▼ 12.8% |
| Suppliers440/4 | €99.2m | €97.0m | €112.4m | €148.4m | €129.4m | ▼ 12.8% |
| Advances received on contracts in progress46 | €918,780 | €918,780 | €915,280 | €915,280 | €90.6m | ▲ 9,794% |
| Taxes, remuneration and social security45 | €4.9m | €4.4m | €6.5m | €5.3m | €7.9m | ▲ 49.6% |
| Taxes450/3 | €552,938 | €290,601 | €1.3m | €299,144 | €2.7m | ▲ 814% |
| Remuneration and social security454/9 | €4.3m | €4.1m | €5.2m | €5.0m | €5.1m | ▲ 3.5% |
| Other amounts payable47/48 | €19.5m | €3.6m | €3.6m | €16.4m | €30.1m | ▲ 83.4% |
| Accrued charges and deferred income492/3 | €1.5m | €1.9m | €2.1m | €2.5m | €2.0m | ▼ 21.7% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12.3m | €44.5m | €20.5m | €26.9m | €27.9m | ▲ 3.8% |
| + Depreciation and write-downs630 | €8.4m | €4.9m | €9.6m | €11.8m | €13.4m | ▲ 13.7% |
| Operating cash flow (approximation) | €20.7m | €49.5m | €30.0m | €38.7m | €41.4m | ▲ 6.8% |
| Investment in fixed assets (approximation) | - | - | -€11.1m | -€22.0m | -€21.2m | ▲ 3.6% |
| Change in cash | - | - | -€28.4m | €3.2m | -€5.1m | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2019net €44.5m ▲263%
Net result €44.5m, the highest in the series.
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated · 118 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 25 acts read
About the unread acts
We know of 25 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
25 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 2 establishment units since 1971
Ground area
10.6 ha
Building footprint
3,719 m²
Volume, LiDAR
7,056 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
52
companies at this address
See who is registered here
2 establishment units
STADSBADER NV
since 19712.105.434.983
STADSBADER NV
since 19902.105.435.181
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010E0167/00V000 | Flanders | 10.0 ha | 1 · 2,292 m² | 0.1 m |
| 34322C0676/00X000 | Flanders | 6,085 m² | 1 · 1,426 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
DESIRE STADSBADER
20 companies
Group, risk and exposure
Owners and holdings
1 owner · 16 holdings · 14 subsidiaries in the treeChain of control
- DESIRE STADSBADER
- STADSBADER
Highest known parent: DESIRE STADSBADER. The sources do not say who stands above it.
Owners 1
-
99.99%
Holdings 16
-
100%
-
100%
-
100%
-
100%
-
99.92%
-
90%
-
90%
- BetoncosubsidiarySourceLEI registerconsolidated
- DECKX ALGEMENE ONDERNEMINGENsubsidiarySourceLEI registerconsolidated
- STADSBADER CONTRACTORSsubsidiarySourceLEI registerconsolidated
Show 6 more holdings
- Stadsbader RailsubsidiarySourceLEI registerconsolidated
- VAN MAERCKE PREFABsubsidiarySourceLEI registerconsolidated
-
50%
-
25%
-
25%
-
12.9%
All subsidiaries, including indirect ones 14
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- ACAP 100%
- GAMA 100%
- Recydem West 100%
- STADSBADER CONSTRUCTIONFR 100%
- IB-MAT 99.92%
- MATERIAUX DE VAULX 90%
TOP-OFF 90%1 subsidiary
- ASK Romein 99.95%
- Betonco consolidated
- DECKX ALGEMENE ONDERNEMINGEN consolidated
STADSBADER CONTRACTORS consolidated1 subsidiary
- Vinasphalt 100%
- Stadsbader Rail consolidated
- VAN MAERCKE PREFAB consolidated
According to the 2025 annual accounts of STADSBADER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 2,136,314 EUR awarded · 1,472,049 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 1,344,817 EUR | 1,418,850 EUR |
| 2024 | 4 | 751,813 EUR | 13,515 EUR |
| 2023 | 2 | 33,038 EUR | 33,038 EUR |
| 2022 | 1 | 6,646 EUR | 6,646 EUR |
Recognitions · licences · registrations
Recognised contractor
32 categoriesSTADSBADER NV16272
STADSBADER NV#9863
Dual-learning approval
6 live approvals · 7 endedAutotechnieken duaal (so)
Installateur elektrotechnische basiscomponenten duaal (so)
Installateur elektrotechnische basiscomponenten duaal (so)
Metselaar (vwo)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Ruwbouw duaal (so)
Show 7 ended approvals
Autotechnieken duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Residentieel elektrotechnisch installateur (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Elektrische installaties duaal (so)
Elektrotechnisch installateur (vwo)
Legal Entity Identifier
549300YL4JZ0DUUTI844
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1971
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
41001General construction of residential buildings
42130Civil engineering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0407975466
Also
9925:BE0407975466
Registered
03-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.