STANTEC
ActiveSummary
STANTEC has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €1.2m. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 46% of 892 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-03-1997 Normal situation
- Registered office
- 138 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.131.283.901 1310 La Hulpe, since 10-06-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Board and ownership
Board
- Leroy ChristopheDirector · since 18-06-2021
- Ossenblok LudovicDirector · since 18-06-2021
- Catherine SCHEFERDirector · since 24-06-2022
Shareholders
- Stantec Europe LTD100%annual accounts 2025
- Stantec Incconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Turnover
- €26.3m
- ▼ 8.0%
- Profit
- €1.2m
- ▲ 4.9%
- Equity
- €8.3m
- ▲ 16.5%
- Total assets
- €21.6m
- ▲ 2.2%
- Employees on 31-12-2025
- 64
- ▼ 11.1%
Score breakdownlowers riskLiquidity: current ratio 1.61, cash €9.2mSize: turnover €26.3m, 66.1 FTE, total assets €21.6mProfit of €1.2m (financial year 2025)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of medium-sized companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
63+4
equity 38.3% of total assets
Liquidity
68+3
short-term debt 61.7% · cash 42.7%
Profitability
66+1
return on assets 5.4%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (1.49 in 2024), above the usual 1.5. Short-term debt is 61.7% and cash 42.7% of total assets. However, 61.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, medium-sized). It does better than 51% of them on solvency, 93% on liquidity, 60% on profitability and 51% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
43 days early
2023
43 days early
2022
39 days early
2021
30 days early
2020
38 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 29 filings
Turnover
€26.3m▼ 8.0%
2024 · €28.6m
EBIT margin
6.5%▲ 0.9pp
2024 · 5.6%
Net result
€1.2m▲ 4.9%
2024 · €1.1m
Working capital
€8.1m▲ 18.0%
2024 · €6.8m
In the rankings
#2 company by total assets in La Hulpe, Professional and technical services sector#2 company by equity in La Hulpe, Professional and technical services sector#3 employer in La Hulpe
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€26.3m
▼ 8.0%
2025
20182025
Operating result
€1.7m
▲ 7.4%
2025
20182025
Net result
€1.2m
▲ 4.9%
2025
highest quarter of the sector
20182025
EBIT margin
6.5%
▲ 0.9pp
2025
20182025
Equity
€8.3m
▲ 16.5%
2025
highest quarter of the sector
20182025
Total assets
€21.6m
▲ 2.2%
2025
highest quarter of the sector
20182025
Debt
€13.4m
▼ 5.0%
2025
20182025
Working capital
€8.1m
▲ 18.0%
2025
highest quarter of the sector
20182025
Solvency
38.3%
▲ 4.7pp
2025
middle half of the sector
20182025
Current ratio
1.61
▲ 0.12
2025
middle half of the sector
20182025
Return on assets (ROA)
5.4%
▲ 0.1pp
2025
middle half of the sector
20182025
Staff (FTE)
66.1
▼ 5.3%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€19.0m-€19.4m▲ 2.3%€20.9m▲ 7.8%€20.8m▼ 0.8%€26.2m▲ 26.4%€35.7m▲ 36.2%€28.6m▼ 20.1%€26.3m▼ 8.0%
Operating result€0.8m-€0.8m▲ 2.1%€0.9m▲ 16.4%€1.1m▲ 20.8%€1.0m▼ 11.6%€1.4m▲ 42.0%€1.6m▲ 15.6%€1.7m▲ 7.4%
Net result€0.7m-€0.7m▲ 1.3%€0.9mabove the sector's middle half▲ 23.6%€1.1mabove the sector's middle half▲ 20.1%€0.9mabove the sector's middle half▼ 14.6%€1.2mabove the sector's middle half▲ 31.4%€1.1mabove the sector's middle half▼ 6.8%€1.2mabove the sector's middle half▲ 4.9%
EBIT margin4.0%-4.0%=4.3%▲ 0.3pp5.3%▲ 0.9pp3.7%▼ 1.6pp3.8%▲ 0.2pp5.6%▲ 1.7pp6.5%▲ 0.9pp
Equity€1.2m-€1.9m▲ 59.1%€2.8mabove the sector's middle half▲ 45.9%€3.9mabove the sector's middle half▲ 37.8%€4.8mabove the sector's middle half▲ 23.4%€6.0mabove the sector's middle half▲ 24.9%€7.1mabove the sector's middle half▲ 18.6%€8.3mabove the sector's middle half▲ 16.5%
Total assets€11.4m-€11.6m▲ 1.9%€16.3mabove the sector's middle half▲ 40.3%€14.6mabove the sector's middle half▼ 10.3%€15.8mabove the sector's middle half▲ 8.2%€17.8mabove the sector's middle half▲ 12.3%€21.2mabove the sector's middle half▲ 19.0%€21.6mabove the sector's middle half▲ 2.2%
Debt€10.2m-€9.7m▼ 4.9%€13.5m▲ 39.2%€10.8m▼ 20.4%€11.0m▲ 2.6%€11.8m▲ 6.9%€14.1m▲ 19.2%€13.4m▼ 5.0%
Working capital€1.1m-€1.6m▲ 41.3%€2.5mabove the sector's middle half▲ 52.8%€3.6mabove the sector's middle half▲ 44.1%€4.5mabove the sector's middle half▲ 26.6%€5.7mabove the sector's middle half▲ 26.3%€6.8mabove the sector's middle half▲ 20.0%€8.1mabove the sector's middle half▲ 18.0%
Solvency10.6%-16.6%▲ 6.0pp17.3%below the sector's middle half▲ 0.7pp26.6%within the sector's middle half▲ 9.3pp30.3%within the sector's middle half▲ 3.7pp33.7%within the sector's middle half▲ 3.4pp33.6%within the sector's middle half▼ 0.1pp38.3%within the sector's middle half▲ 4.7pp
Current ratio1.11-1.17▲ 0.051.18within the sector's middle half▲ 0.021.33within the sector's middle half▲ 0.151.41within the sector's middle half▲ 0.081.48within the sector's middle half▲ 0.071.49within the sector's middle half=1.61within the sector's middle half▲ 0.12
Return on assets (ROA)6.2%-6.2%=5.4%within the sector's middle half▼ 0.7pp7.3%within the sector's middle half▲ 1.8pp5.7%within the sector's middle half▼ 1.5pp6.7%within the sector's middle half▲ 1.0pp5.3%within the sector's middle half▼ 1.5pp5.4%within the sector's middle half▲ 0.1pp
Staff (FTE)38.5-50.6above the sector's middle half52.8above the sector's middle half▲ 4.3%58.9above the sector's middle half▲ 11.6%63above the sector's middle half▲ 7.0%69.8above the sector's middle half▲ 10.8%66.1above the sector's middle half▼ 5.3%
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.6m
Fixed assets
€198,764 ▼ 24.7%
Current assets
€21.4m ▲ 2.5%
Equity and liabilities €21.6m
Equity
€8.3m ▲ 16.5%
Debt
€13.4m ▼ 5.0%
Debt's share of the balance-sheet total falls from 66.4% to 61.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.8m▲
2024 · €1.7m
Cash flow
€1.2m▲
2024 · €1.2m
Quick ratio
0.93▼
2024 · 1.18
Debt to equity
1.61▼
2024 · 1.98
ROE
14.1%▼
2024 · 15.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€13.4m▼
2024 · €14.1m
Income taxes
€493,397▲
2024 · €427,582
Customer credit
35 days▼
2024 · 41 days
Supplier credit
115 days▼
2024 · 120 days
Staff costs
€5.0m▲
2024 · €5.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 56 | 57 | 69 | 72 | 64 |
| full-time | 52 | 51 | 63 | 68 | 60 |
| part-time | 4 | 6 | 6 | 4 | 4 |
| in full-time equivalents | 55 | 55.7 | 67.4 | 71 | 63 |
| Average over the year, in full-time equivalents | 52.8 | 58.9 | 63 | 69.8 | 66.1 |
| On a permanent contract | 40 | 40 | 49 | 52 | 44 |
| Joined | 31 | 39 | 53 | 40 | 38 |
| Left | 29 | 37 | 41 | 37 | 46 |
| Agency workers, average number | - | - | 0.6 | 0.3 | - |
| Training hours | - | - | 328 | 216 | 280 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €32,609 | €34,335 | €85,356 | €60,337 | €8,908 |
| Depreciation and write-downs of the year | €67,769 | €73,593 | €75,276 | €84,576 | €72,762 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is Ernst et Young Reviseurs d'Entreprises.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €30,000 | €31,800 | €32,230 | €33,800 | €35,496 |
| Other work by the auditor | - | €4,000 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
European Union, budget
2021 to 2025 · 227 entries · €119.7m in total| Year | Entries | Awarded |
|---|---|---|
| 2025 | 14 | €6.4m |
| 2024 | 53 | €43.5m |
| 2023 | 53 | €18.0m |
| 2022 | 56 | €30.7m |
| 2021 | 51 | €21.1m |
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Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | €18.2m | - | €23.1m | €27.4m | €32.1m | €29.0m | €31.2m | ▲ 7.4% |
| Turnover70 | €19.0m | €19.4m | €20.9m | €20.8m | €26.2m | €35.7m | €28.6m | €26.3m | ▼ 8.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | -€1.3m | - | €2.2m | €1.0m | -€3.8m | €0.4m | €4.8m | ▲ 13× |
| Other operating income74 | - | €0.1m | - | €0.1m | €0.2m | €0.1m | €0.09m | €0.09m | = |
| Operating charges60/66A | - | €17.4m | - | €22.0m | €26.5m | €30.7m | €27.4m | €29.5m | ▲ 7.4% |
| Goods for resale, raw materials and consumables60 | - | €13.7m | - | €17.3m | €20.3m | €23.6m | €19.6m | €21.3m | ▲ 8.5% |
| Purchases600/8 | - | €13.7m | - | €17.3m | €20.3m | €23.6m | €19.6m | €21.3m | ▲ 8.5% |
| Services and other goods61 | - | €1.2m | - | €1.7m | €2.4m | €2.7m | €2.7m | €3.1m | ▲ 14.5% |
| Remuneration, social security and pensions62 | - | €2.5m | - | €3.0m | €3.7m | €4.2m | €5.0m | €5.0m | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.04m | €0.06m | €0.07m | €0.07m | €0.08m | €0.08m | €0.07m | ▼ 14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€0.03m | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.07m | €0.04m | ▼ 49.9% |
| Non-recurring operating charges66A | - | - | - | - | €0.005m | €0.002m | €0.001m | €0.001m | ▼ 8.1% |
| Operating profit (loss)9901 | €0.8m | €0.8m | €0.9m | €1.1m | €1.0m | €1.4m | €1.6m | €1.7m | ▲ 7.4% |
| Financial income75/76B | - | €0.001m | - | €0.02m | €0.06m | €0.06m | €0.03m | €237 | ▼ 99.3% |
| Recurring financial income75 | €0.007m | €0.001m | €0.02m | €0.02m | €0.06m | €0.06m | €0.03m | €237 | ▼ 99.3% |
| Income from current assets751 | - | - | - | €0.02m | €0.006m | €0.06m | €0.02m | €237 | ▼ 98.8% |
| Other financial income752/9 | - | €0.001m | - | €0 | €0.05m | - | €0.01m | - | - |
| Financial charges65/66B | - | €0.06m | - | €0.04m | €0.08m | €0.06m | €0.07m | €0.04m | ▼ 47.4% |
| Recurring financial charges65 | €0.06m | €0.06m | €0.03m | €0.04m | €0.08m | €0.06m | €0.07m | €0.04m | ▼ 47.4% |
| Debt charges650 | - | €0.006m | €0 | - | €0.02m | €0.02m | €0.001m | €0.001m | ▲ 0.9% |
| Other financial charges652/9 | - | €0.05m | - | €0.04m | €0.05m | €0.03m | €0.07m | €0.04m | ▼ 48.1% |
| Profit (loss) for the period before taxes9903 | €0.7m | €0.7m | €0.9m | €1.1m | €0.9m | €1.4m | €1.5m | €1.7m | ▲ 7.8% |
| Income taxes67/77 | €0.002m | €0.002m | €0.002m | €0.002m | €0.04m | €0.2m | €0.4m | €0.5m | ▲ 15.4% |
| Taxes670/3 | - | €0.002m | - | €0.002m | €0.04m | €0.2m | €0.4m | €0.5m | ▲ 15.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €0.009m | - | - | - |
| Profit (loss) for the period9904 | €0.7m | €0.7m | €0.9m | €1.1m | €0.9m | €1.2m | €1.1m | €1.2m | ▲ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €0.7m | €0.9m | €1.1m | €0.9m | €1.2m | €1.1m | €1.2m | ▲ 4.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.4m | €11.6m | €16.3m | €14.6m | €15.8m | €17.8m | €21.2m | €21.6m | ▲ 2.2% |
| Fixed assets21/28 | €0.07m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 24.7% |
| Tangible fixed assets22/27 | €0.07m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 24.7% |
| Plant, machinery and equipment23 | - | - | - | €0.08m | €0.08m | €0.1m | €0.1m | €0.09m | ▼ 29.4% |
| Furniture and vehicles24 | - | €0.03m | - | €0.02m | €0.009m | €0.01m | €0.006m | €0.01m | ▲ 82.8% |
| Other tangible fixed assets26 | - | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 25.4% |
| Current assets29/58 | €11.4m | €11.3m | €16.0m | €14.3m | €15.6m | €17.5m | €20.9m | €21.4m | ▲ 2.5% |
| Stocks and contracts in progress3 | €4.6m | €3.3m | €4.4m | €6.6m | €7.7m | €3.9m | €4.3m | €9.1m | ▲ 113% |
| Contracts in progress37 | - | €3.3m | - | €6.6m | €7.7m | €3.9m | €4.3m | €9.1m | ▲ 113% |
| Amounts receivable within one year40/41 | €3.0m | €1.9m | €6.0m | €2.6m | €4.1m | €6.0m | €4.0m | €2.7m | ▼ 32.9% |
| Trade receivables40 | - | €1.8m | - | €0.6m | €2.4m | €4.2m | €3.2m | €2.5m | ▼ 21.6% |
| Other amounts receivable41 | - | €0.2m | - | €2.0m | €1.8m | €1.8m | €0.8m | €0.2m | ▼ 77.4% |
| Cash at bank and in hand54/58 | €3.6m | €6.1m | €5.1m | €4.6m | €3.5m | €6.9m | €11.8m | €9.2m | ▼ 21.7% |
| Deferred charges and accrued income490/1 | - | €0.03m | - | €0.5m | €0.2m | €0.7m | €0.8m | €0.4m | ▼ 47.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.4m | €11.6m | €16.3m | €14.6m | €15.8m | €17.8m | €21.2m | €21.6m | ▲ 2.2% |
| Equity10/15 | €1.2m | €1.9m | €2.8m | €3.9m | €4.8m | €6.0m | €7.1m | €8.3m | ▲ 16.5% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | - | €1.1m | - | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | - | €1.1m | - | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €0.04m | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | €0.07m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | €0.07m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | €0.03m | €0.7m | €1.6m | €2.6m | €3.5m | €4.7m | €5.9m | €7.0m | ▲ 20.0% |
| Amounts payable17/49 | €10.2m | €9.7m | €13.5m | €10.8m | €11.0m | €11.8m | €14.1m | €13.4m | ▼ 5.0% |
| Amounts payable within one year42/48 | €10.2m | €9.7m | €13.5m | €10.8m | €11.0m | €11.8m | €14.1m | €13.4m | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | €1.0m | - | - | - | - |
| Trade debts44 | €2.9m | €2.1m | €5.2m | €5.3m | €6.1m | €7.4m | €6.4m | €6.7m | ▲ 4.7% |
| Suppliers440/4 | - | €2.1m | - | €5.3m | €6.1m | €7.4m | €6.4m | €6.7m | ▲ 4.7% |
| Advances received on contracts in progress46 | - | €7.2m | - | €5.1m | €3.4m | €3.8m | €6.7m | €5.8m | ▼ 13.5% |
| Taxes, remuneration and social security45 | - | €0.4m | - | €0.4m | €0.5m | €0.7m | €1.0m | €0.9m | ▼ 11.5% |
| Taxes450/3 | - | €0.07m | - | €0.06m | €0.1m | €0.2m | €0.3m | €0.1m | ▼ 43.5% |
| Remuneration and social security454/9 | - | €0.3m | - | €0.3m | €0.4m | €0.5m | €0.7m | €0.7m | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €0.7m | €0.9m | €1.1m | €0.9m | €1.2m | €1.1m | €1.2m | ▲ 4.9% |
| + Depreciation and write-downs630 | €0.03m | €0.04m | €0.06m | €0.07m | €0.07m | €0.08m | €0.08m | €0.07m | ▼ 14.0% |
| Operating cash flow (approximation) | €0.7m | €0.8m | €1.0m | €1.1m | €1.0m | €1.3m | €1.2m | €1.2m | ▲ 3.6% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.1m | -€0.03m | -€0.03m | -€0.08m | -€0.06m | -€0.008m | ▲ 87.3% |
| Change in cash | - | €2.4m | -€1.0m | -€0.5m | -€1.0m | €3.3m | €5.0m | -€2.6m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,579 companies had the same profile as STANTEC has now. Two years later, 96.7% were still going and 0.1% had gone bankrupt.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.7%
was still going
3.2%
stopped otherwise
0.1%
went bankrupt
That fits the bankruptcy probability of STANTEC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for STANTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 15-06-2026 | 2026-00173004 | |
| 31-12-2024 | full format | 18-06-2025 | 2025-00155142 | |
| 31-12-2023 | full format | 18-06-2024 | 2024-00155557 | |
| 31-12-2022 | full format | 22-06-2023 | 2023-00170066 | |
| 31-12-2021 | full format | 01-07-2022 | 2022-20130903 | |
| 31-12-2020 | full format | 23-06-2021 | 2021-24100421 | |
| 31-12-2019 | full format | 09-07-2020 | 2020-29300552 | |
| 31-12-2018 | full format | 10-10-2019 | 2019-69900322 | |
| 31-12-2017 | full format | 05-11-2018 | 2018-71700169 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-56500497 |
Board & ownership
Directors
Directors
3 directors, last change in 2022
Board 3
Leroy Christophe
Current
Ossenblok Ludovic
Current
Catherine SCHEFER
Current
Director · since 24-06-2022 · 6-year term from 2022 · listed in the 2025 annual accounts, filed on 15-06-2026
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · current term since 15-06-2026 · permanent representative: Carlo-Sébastien D'Addario · listed in the 2025 annual accounts, filed on 15-06-2026
Owners and capital
Shareholders
2 ownersChain of control
- Stantec IncCA
- Stantec Europe LTDGB
- STANTEC
Owners 2
- Stantec Europe LTDGBparentSourceown accounts 2025100%
- Stantec IncCAconsolidating parentconsolidates
Mandate history
4 people, 4 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Leroy Christophe |
|
| Ossenblok Ludovic |
|
| Catherine SCHEFER |
|
| Ernst et Young Reviseurs d'Entreprises |
|
Network & group
Companies at the same address
137 other companies- BuildFive Registered office · since 2026 1042222339
- KLEE BELGIUM Registered office · since 2025 1032039517
- MK UNLIMITED Registered office · since 2025 1031698829
- PRIVILINVEST Registered office · since 2025 1030668748
- JMBBW Establishment · since 2025 0427889764
- B-WAW Registered office · since 2025 1022764535
- Strzelecka, Klaudia (sole trader) Establishment · since 2025 1020051703
- Obligation Capital Protection Registered office · since 2025 1019521666
- APC GROUP Registered office · since 2024 1016958490
- Aux Racines Establishment · since 2024 1010303597
Connections & network
3 current directorsThe network starts from the directors of STANTEC. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
15-06
full format · 46 days before the deadline
2025
26-06
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: Carlo-Sébastien D'Addario3 points ▸
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: Carlo-Sébastien D'Addario3 points ▸
- General meeting, 16-06-2025
- Auditor reappointment, Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
- Permanent representative, Carlo-Sébastien D'Addario
18-06
full format · 43 days before the deadline
2024
08-07
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: Carlo-Sébastien D'Addario · Correction4 points ▸
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: Carlo-Sébastien D'Addario · Correction4 points ▸
- General meeting, 17-06-2024
- Correction, “3.5 Prise de connaissance de l'erreur matérielle concernant la nomination du commissaire, Kouterveldstraat 7B 001,1831 Diegem,Belgique” (deed in French)
- Auditor reappointment, Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
- Permanent representative, Carlo-Sébastien D'Addario
18-06
full format · 43 days before the deadline
2023
31-12
Financial
Highest result from 2018 to 2025net €1.2m ▲31.4%
The net result of €1.2m is the highest of those years.
31-12
Financial
Equity above €5mequity €6.0m ▲24.9%
With a profit in every financial year since 2018, equity grows to €6.0m.
22-06
full format · 39 days before the deadline
08-02
Gazette deed
Reappointment: Catherine SCHEFER (director)6 points ▸
Gazette deed
Reappointment: Catherine SCHEFER (director)
6 points ▸
- General meeting, 24-06-2022
- Other provision, “fin du mandat d'administrateur, à l'issue de la présente assemblée générale annuelle” (deed in French)
- Director reappointment, Catherine SCHEFER (director)
- Board composition, Catherine SCHEFER (director)
- Board composition, Christophe LEROY (director)
- Board composition, Ludovicus OSSENBLOK (director)
2022
01-07
full format · 30 days before the deadline
24-06
Gazette deed
Amendment of the articlesPower of attorney5 points ▸
Gazette deed
Amendment of the articles
Power of attorney5 points ▸
- General meeting, 17-06-2022
- General meeting, 20-06-2022
- Power of attorney
- Other provision, “extrait délivré avant enregistrement, avant enregistrement” (deed in French)
- Other provision, “coordination, troisième résolution:procuration pour coordination” (deed in French)
2021
23-06
full format · 38 days before the deadline
Show earlier events
2020
31-12
Financial
Equity above €2mequity €2.8m ▲45.9%
With a profit in every financial year since 2018, equity grows to €2.8m.
09-07
full format · 22 days before the deadline
2019
10-10
full format · 71 days late
2018
05-11
full format · 97 days late
2017
31-08
full format · 31 days late
1997
27-03
Gazette deed
Incorporation
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
History
Company details
Register details
Identity
KBO recordName
STANTEC in French
Enterprise number
0460.228.079
Legal form
Public limited company
Status
Active, normale toestand
Founded
18-03-1997
Entity type
Legal entity
Registered office and establishments
Registered office
Avenue Reine Astrid 92, 1310 La Hulpe, Belgium
Establishment unit
Avenue Reine Astrid 92, 1310 La Hulpe since 10-06-2003 · unit number 2.131.283.90170200 Business and other management consultancy
Activities
NACEBEL 2025VAT activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
Social security (RSZ) activities
70200
Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
71121
Engineering activities main activity
Social security (RSZ) activities
70220
Business consulting main activity
Codes under NACEBEL 2003
VAT activities
74203
main activity
Social security (RSZ) activities
74142
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0460.228.079
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 14:00
deed of 24-06-2022 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
10.1 ha
Building footprint
113 m²
Building volume
983 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25050C0039/00K000 | Wallonia | 10.1 ha | 1 · 113 m² | 14.1 m · 3 |