STEBACO
Annual accounts 2025
abbreviated format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €140,000 and €510,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €1.5m on 31-12-2025in €m
in euro
Position in the sector
76.6%
Higher than 83% of 11,299 companies in 2025.
2.39
Higher than 72% of 10,851 companies in 2025.
4.4%
Higher than 71% of 11,184 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
1.5m | 1.5m | 1.0m | 963,265 | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 1.8m | 1.8m | 1.8m | 1.9m | |
20 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
21/28 |
748,144 | 794,708 | 838,340 | 889,294 | 940,769 | 992,512 | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.5m | 1.6m | |
21 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
747,006 | 793,571 | 837,203 | 888,157 | 939,364 | 991,107 | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.5m | 1.6m | |
22 |
745,489 | 791,842 | 836,835 | 887,593 | 938,604 | 990,031 | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.5m | 1.6m | |
23 |
1,518 | 1,729 | 368 | 564 | 760 | 1,076 | 240 | 360 | 480 | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
1,137 | 1,137 | 1,137 | 1,137 | 1,405 | 1,405 | 1,200 | 1,200 | 1,200 | 1,200 | - | - | - | 200 | - | - | - | - | |
29/58 |
737,662 | 663,224 | 176,416 | 73,971 | 66,860 | 21,474 | 27,847 | 7,846 | 24,702 | 53,775 | 14,115 | 12,192 | 11,790 | 5,065 | 294,100 | 297,526 | 296,447 | 307,870 | |
290 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
728,713 | 648,167 | 170,623 | 73,971 | 66,860 | 3,088 | 530 | - | - | 2,716 | 2,716 | 882 | 882 | 810 | 290,628 | 291,111 | 292,944 | 293,067 | |
40 |
- | - | - | 0 | 1,159 | 0 | - | - | - | - | - | - | - | - | 237,970 | 237,970 | 237,970 | 238,885 | |
41 |
728,713 | 648,167 | 170,623 | 73,971 | 65,701 | 3,088 | 530 | - | - | 2,716 | 2,716 | 882 | 882 | 810 | 52,658 | 53,141 | 54,974 | 54,183 | |
50/53 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
7,143 | 12,936 | 4,773 | - | 0 | 12,792 | 27,317 | 7,846 | 24,702 | 51,059 | 11,399 | 11,310 | 10,909 | 4,255 | 3,471 | 6,415 | 3,503 | 14,803 | |
490/1 |
1,806 | 2,120 | 1,020 | - | 0 | 5,594 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
1.5m | 1.5m | 1.0m | 963,265 | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 1.8m | 1.8m | 1.8m | 1.9m | |
10/15 |
1.1m | 1.1m | 944,979 | 906,253 | 865,248 | 808,491 | 573,364 | 553,032 | 526,048 | 499,946 | 477,920 | 459,934 | 431,549 | 410,321 | 390,454 | 367,140 | 349,930 | 320,865 | |
10/11 |
285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | |
10 |
285,078 | 285,078 | 285,078 | 285,078 | 285,078 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
285,078 | 285,078 | 285,078 | 285,078 | 285,078 | - | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | 285,078 | |
12 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
523,414 | 523,414 | 523,414 | 523,414 | 523,414 | 523,414 | 288,287 | 267,954 | 240,970 | 214,869 | 192,843 | 174,856 | 146,471 | 125,244 | 105,377 | 82,062 | 64,852 | 35,787 | |
130/1 |
28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
28,508 | 28,508 | 28,508 | 28,508 | 28,508 | - | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 28,508 | 6,654 | 5,793 | 2,887 | |
1311 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
1313 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 28,508 | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
494,906 | 494,906 | 494,906 | 494,906 | 494,906 | 494,906 | 259,779 | 239,446 | 212,462 | 186,361 | 164,335 | 146,348 | 117,963 | 96,736 | 76,869 | 75,409 | 59,059 | 32,900 | |
14 |
329,950 | 265,256 | 136,487 | 97,762 | 56,756 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
15 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
160 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
347,364 | 384,185 | 69,777 | 57,012 | 142,382 | 205,495 | 535,431 | 581,683 | 671,197 | 767,798 | 800,533 | 868,166 | 945,526 | 1.0m | 1.4m | 1.4m | 1.5m | 1.6m | |
17 |
11,938 | 11,938 | 1,053 | 1,053 | 1,053 | 4,079 | 4,079 | 5,245 | 5,245 | 6,245 | 6,245 | 6,399 | 5,899 | 5,599 | 5,599 | 5,599 | 3,099 | 3,099 | |
175 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
11,938 | 11,938 | 1,053 | 1,053 | 1,053 | 4,079 | 4,079 | 5,245 | 5,245 | 6,245 | 6,245 | 6,399 | 5,899 | 5,599 | 5,599 | 5,599 | 3,099 | 3,099 | |
42/48 |
308,646 | 371,277 | 68,725 | 55,959 | 141,329 | 201,416 | 531,351 | 576,439 | 665,952 | 761,553 | 792,434 | 859,967 | 937,828 | 1.0m | 1.4m | 1.4m | 1.5m | 1.6m | |
42 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | - | 0 | 7,674 | - | - | - | - | - | - | 14,874 | 34,705 | 54,537 | 74,368 | 94,200 | 114,031 | 133,863 | |
430/8 |
- | - | - | 0 | 7,674 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | 0 | - | - | - | - | - | 14,874 | 34,705 | 54,537 | 74,368 | 94,200 | 114,031 | 133,863 | |
44 |
115 | 26,278 | 3,520 | 1,815 | 11,044 | 1,523 | 8,729 | - | 2,006 | 193,547 | 193,159 | 193,159 | 200,913 | 194,325 | 193,159 | 193,159 | 203,670 | 234,213 | |
440/4 |
115 | 26,278 | 3,520 | 1,815 | 11,044 | 1,523 | 8,729 | - | 2,006 | 193,547 | 193,159 | 193,159 | 200,913 | 194,325 | 193,159 | 193,159 | 203,670 | 234,213 | |
441 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
76,728 | 53,192 | 12,105 | 1,044 | 69,511 | 101,271 | - | 12,347 | 12,397 | 4,731 | - | 2,659 | - | - | 1,299 | 2,053 | 4,759 | 4,601 | |
450/3 |
76,728 | 53,192 | 12,105 | 1,044 | 68,979 | 100,705 | - | 12,347 | 12,397 | 4,731 | - | 2,659 | - | - | 1,299 | 2,053 | 4,759 | 4,601 | |
454/9 |
- | - | - | 0 | 531 | 565 | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
231,803 | 291,807 | 53,100 | 53,100 | 53,100 | 98,622 | 522,622 | 564,092 | 651,549 | 563,275 | 599,275 | 649,275 | 702,209 | 755,098 | 1.1m | 1.1m | 1.2m | 1.2m | |
492/3 |
26,781 | 970 | - | - | - | 0 | - | - | - | - | 1,854 | 1,800 | 1,800 | 1,800 | 841 | 3,396 | 1,700 | 1,700 | |
| Income statement | |||||||||||||||||||
76A |
0 | 187,600 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
105,107 | 276,779 | 103,913 | 121,299 | 107,298 | 97,674 | 91,828 | 103,189 | 103,280 | 92,423 | 83,625 | 96,915 | 85,983 | 88,077 | 87,207 | 83,812 | 90,646 | 88,248 | |
62 |
- | - | 0 | -531 | 7,367 | 7,252 | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
51,274 | 51,415 | 50,954 | 51,208 | 51,742 | 50,254 | 50,988 | 51,210 | 51,291 | 51,569 | 51,569 | 51,569 | 51,130 | 51,130 | 49,780 | 49,185 | 49,423 | 48,948 | |
631/4 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
18,403 | 2,742 | 384 | 11,526 | 11,273 | 11,196 | 9,422 | 10,100 | 9,984 | 7,929 | 8,818 | 8,789 | 8,691 | 12,530 | 8,230 | 11,663 | 4,000 | 3,829 | |
649 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
66A |
0 | 27,219 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
35,430 | 195,403 | 52,575 | 59,096 | 36,915 | 28,973 | 31,418 | 41,879 | 42,005 | 32,926 | 23,238 | 36,557 | 26,161 | 24,416 | 29,198 | 22,964 | 37,223 | 35,470 | |
75/76B |
78,085 | 7 | - | - | - | 0 | 772 | 14 | 0 | 0 | 2 | 7 | 9 | 17 | 25 | 16 | 41 | 61 | |
75 |
78,085 | 7 | - | - | - | 0 | 772 | 14 | 0 | 0 | 2 | 7 | 9 | 17 | 25 | 16 | 41 | 61 | |
76B |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
25,286 | 335 | 39 | 4,530 | 542 | 489 | 287 | 227 | 239 | 169 | 969 | 517 | 745 | 1,373 | 2,155 | 1,983 | 3,434 | 8,969 | |
65 |
25,286 | 335 | 39 | 4,530 | 542 | 489 | 287 | 227 | 239 | 169 | 969 | 517 | 745 | 1,373 | 2,155 | 1,983 | 3,434 | 8,969 | |
66B |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
88,229 | 195,075 | 52,536 | 54,566 | 36,373 | 28,483 | 31,902 | 41,665 | 41,767 | 32,757 | 22,271 | 36,046 | 25,425 | 23,060 | 27,068 | 20,998 | 33,830 | 26,562 | |
67/77 |
23,536 | 66,307 | 13,811 | 13,561 | -20,383 | 9,063 | 11,570 | 14,681 | 15,666 | 10,731 | 4,285 | 7,661 | 4,198 | 3,193 | 3,754 | 3,787 | 4,765 | 4,610 | |
9904 |
64,693 | 128,769 | 38,726 | 41,005 | 56,756 | 19,421 | 20,333 | 26,984 | 26,101 | 22,026 | 17,986 | 28,385 | 21,227 | 19,867 | 23,314 | 17,210 | 29,065 | 21,952 | |
789 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
64,693 | 128,769 | 38,726 | 41,005 | 56,756 | 19,421 | 20,333 | 26,984 | 26,101 | 22,026 | 17,986 | 28,385 | 21,227 | 19,867 | 23,314 | 17,210 | 29,065 | 21,952 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
329,950 | 265,256 | 136,487 | 97,762 | 56,756 | 19,421 | 20,333 | 26,984 | 26,101 | 22,026 | 17,986 | 28,385 | 21,227 | 19,867 | 23,314 | 17,210 | 29,065 | 21,952 | |
14P |
265,256 | 136,487 | 97,762 | 56,756 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 0 | 19,421 | 20,333 | 26,984 | 26,101 | 22,026 | 17,986 | 28,385 | 21,227 | 19,867 | 23,314 | 17,210 | 29,065 | 21,952 | |
691 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | 21,854 | 861 | 2,906 | 2,195 | |
6921 |
- | - | - | - | 0 | 19,421 | 20,333 | 26,984 | 26,101 | 22,026 | 17,986 | 28,385 | 21,227 | 19,867 | 1,460 | 16,350 | 26,159 | 19,757 | |
694 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
696 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
- | - | - | - | 0.4 | 0.3 | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | 323 | 457 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 9 older financial years (1999-2007) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00363821 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00314347 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00427768 | |
| 31-12-2022 | micro format | 30-08-2024 | 2024-00427767 | |
| 31-12-2021 | micro format | 30-08-2024 | 2024-00408133 | |
| 31-12-2020 | micro format | 01-10-2021 | 2021-70300216 | |
| 31-12-2019 | micro format | 12-08-2020 | 2020-40600402 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55100572 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-27600089 | |
| 31-12-2016 | micro format | 21-06-2017 | 2017-18900206 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-18800244 | |
| 31-12-2014 | abbreviated format | 15-06-2015 | 2015-16900464 | |
| 31-12-2013 | abbreviated format | 22-07-2014 | 2014-32100145 | |
| 31-12-2012 | abbreviated format | 02-07-2013 | 2013-24300075 | |
| 31-12-2011 | abbreviated format | 15-06-2012 | 2012-17500522 | |
| 31-12-2010 | abbreviated format | 28-06-2011 | 2011-19900056 | |
| 31-12-2009 | abbreviated format | 29-06-2010 | 2010-22400509 | |
| 31-12-2008 | abbreviated format | 28-06-2009 | 2009-29900223 | |
| 31-12-2007 | abbreviated format | 23-07-2008 | 2008-43900093 | |
| 31-12-2006 | abbreviated format | 29-06-2007 | 2007-30500290 | |
| 31-12-2005 | abbreviated format | 03-07-2006 | 2006-36900037 | |
| 31-12-2004 | abbreviated format | 26-08-2005 | 2005-65300101 | |
| 31-12-2003 | abbreviated format | 02-07-2004 | 2004-36900238 | |
| 31-12-2002 | abbreviated format | 10-07-2003 | 2003-39300036 | |
| 31-12-2001 | abbreviated format | 19-07-2002 | 2002-39300129 | |
| 31-12-2000 | abbreviated format | 27-07-2001 | 2001-43100150 | |
| 31-12-1999 | abbreviated format | 30-06-2000 | 2000-30800036 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 86,704 | 246,818 | 103,529 | 110,304 | 88,657 | 79,227 | 82,406 | 93,089 | 93,297 | 84,495 | 74,807 | 88,126 | 77,292 | 75,547 | 78,978 | 72,149 | 86,646 | 84,418 | ||
| 115,968 | 180,183 | 89,679 | 92,213 | 108,499 | 69,675 | 71,321 | 78,194 | 77,393 | 73,595 | 69,555 | 79,954 | 72,358 | 70,998 | 73,094 | 66,395 | 78,488 | 70,900 | ||
| 4,709 | 8,168 | 0 | -268 | 0 | 6,818 | 5,067 | 5,536 | 9,864 | 1,200 | 0 | 2,192 | -200 | 9,027 | 14,481 | 0 | 4,752 | 7,617 | ||
| -5,793 | 8,164 | - | - | -12,792 | -14,525 | 19,471 | -16,856 | -26,357 | 39,660 | 89 | 402 | 6,654 | 783 | -2,944 | 2,913 | -11,300 | - | ||
| 429,016 | 291,947 | 107,691 | 18,012 | -74,469 | -179,941 | -503,504 | -568,592 | -641,250 | -707,779 | -778,319 | -847,775 | -926,037 | -998,895 | -1.1m | -1.1m | -1.2m | -1.3m | ||
| 76.6% | 73.6% | 93.1% | 94.1% | 85.9% | 79.7% | 51.7% | 48.7% | 43.9% | 39.4% | 37.4% | 34.6% | 31.3% | 28.9% | 22.3% | 20.5% | 19.0% | 16.9% | ||
| 2.39 | 1.79 | 2.57 | 1.32 | 0.47 | 0.11 | 0.05 | 0.01 | 0.04 | 0.07 | 0.02 | 0.01 | 0.01 | 0.01 | 0.22 | 0.21 | 0.20 | 0.20 | ||
| 0.31 | 0.36 | 0.07 | 0.06 | 0.16 | 0.25 | 0.93 | 1.05 | 1.28 | 1.54 | 1.68 | 1.89 | 2.19 | 2.46 | 3.49 | 3.88 | 4.26 | 4.91 | ||
| 5.7% | 12.0% | 4.1% | 4.5% | 6.6% | 2.4% | 3.5% | 4.9% | 5.0% | 4.4% | 3.8% | 6.2% | 4.9% | 4.8% | 6.0% | 4.7% | 8.3% | 6.8% | ||
| 4.4% | 8.8% | 3.8% | 4.3% | 5.6% | 1.9% | 1.8% | 2.4% | 2.2% | 1.7% | 1.4% | 2.1% | 1.5% | 1.4% | 1.3% | 1.0% | 1.6% | 1.2% | ||
| 3.43 | over 100 | over 100 | 24.35 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| 0.2 | |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,709 | €8,168 | - | - | €0 |
| Financial fixed assets | €0 | - | - | - | - |
| €51,274 | €51,415 | €50,954 | €51,208 | €51,742 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on STEBACO
The operating result for 2025 is 82% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total falls from 26.4% to 23.4%. Equity is higher and debt is lower.