STECHO

Active Risk: not assessed Private limited companyfounded 1999active for 26 yearsKnokkebaan 25, 9880 AalterKBO/BCE: BE 0468.745.075 subsidiary of VT-INVEST#9 company by equity in Aalter, Finance and insurance sector

Part of the group VT-INVEST 29 companies in 2 countries

See the group

STECHO

Financial year 2025

Follow Report Compare

Annual accounts 2025

full format, filed on 07-07-2026, 24 days before the deadline

€10.0m

▲ 26.5%

€12.3m

▲ 4.6%

€2.1m

▼ 6.5%

81.4%

▲ 14.1 percentage points

20.9%

▼ 7.4 percentage points

17.0%

▼ 2.0 percentage points

In the rankings #9 company by equity in Aalter, Finance and insurance sector

Money flows

turnover is 23.0% of income in 2025

Balance sheet

balance sheet total €12.3m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

81.4%

Higher than 70% of 3,042 companies in 2025.

17.0%

Higher than 89% of 3,034 companies in 2025.

STECHO Middle half of the sector 80% of the sector Full accounts in financial services (NACE 64)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	12.3m	11.7m	11.7m	11.9m	11.7m	11.6m	12.2m	170,550	454,774	542,858	793,571	1.1m	1.1m	1.3m	2.4m	2.4m	2.1m	1.9m	1.4m
`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	342	883	1,623
`21/28`	11.2m	11.2m	11.2m	11.2m	11.4m	11.2m	11.2m	-	-	408,862	559,517	725,985	684,673	877,180	1.9m	2.4m	2.0m	1.5m	1.2m
`21`	-	-	-	-	-	-	-	-	-	129	296	1,332	2,368	3,162	4,369	1,383	1,872	346	-
`22/27`	-	-	-	-	-	-	-	-	-	2,672	2,549	20,366	31,042	32,387	8,645	18,632	29,362	38,413	14,271
`23`	-	-	-	-	-	-	-	-	-	528	1,056	3,809	7,725	1,477	2,004	4,759	8,257	10,076	1,143
`24`	-	-	-	-	-	-	-	-	-	2,144	1,076	1,615	2,153	2,691	6,641	13,873	21,106	28,338	13,128
`26`	-	-	-	-	-	-	-	-	-	-	417	833	-	-	-	-	-	-	-
`28`	11.2m	11.2m	11.2m	11.2m	11.4m	11.2m	11.2m	-	-	406,061	556,672	704,287	651,263	841,632	1.9m	2.4m	2.0m	1.5m	1.1m
`280/1`	11.2m	11.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`280`	11.2m	11.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	1.1m	521,477	531,937	710,667	274,435	416,964	1.0m	170,550	454,774	133,996	234,054	335,037	369,890	447,227	426,055	48,944	65,984	364,150	221,476
`29`	-	-	-	-	-	-	-	-	10,567	20,055	-	-	-	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	10,567	20,055	-	-	-	-	-	-	-	-	-
`3`	0	0	-	-	-	-	-	-	-	-	35,978	115,131	115,131	242,255	280,632	-	18,060	99,831	162,571
`30/36`	-	-	-	-	-	-	-	-	-	-	35,978	115,131	115,131	242,255	280,632	-	18,060	99,831	162,571
`40/41`	38,056	424,591	51,906	244,237	70,465	368	113,767	154,643	420,726	98,572	105,417	146,949	250,608	130,230	73,819	37,661	30,219	116,027	11,389
`40`	29,575	386,790	47,396	242,107	70,413	-	0	2,961	49,537	98,042	105,417	140,913	144,029	129,352	40,936	30,505	20,530	116,027	11,084
`41`	8,481	37,801	4,510	2,130	53	368	113,767	151,682	371,189	529	-	6,036	106,579	878	32,883	7,155	9,689	-	305
`50/53`	850,000	0	300,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`51/53`	850,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	170,526	96,885	179,968	462,518	201,713	416,596	907,732	15,908	23,481	15,370	92,658	70,146	200	60,919	68,899	9,009	14,634	103,784	4,391
`490/1`	-	0	63	3,912	2,258	-	-	-	-	-	-	2,811	3,951	13,824	2,704	2,274	3,070	44,509	43,125
Balance sheet: equity and liabilities
`10/49`	12.3m	11.7m	11.7m	11.9m	11.7m	11.6m	12.2m	170,550	454,774	542,858	793,571	1.1m	1.1m	1.3m	2.4m	2.4m	2.1m	1.9m	1.4m
`10/15`	10.0m	7.9m	5.7m	7.0m	6.4m	6.0m	5.3m	52,800	51,562	284,934	346,578	452,703	446,519	842,226	789,844	777,082	748,939	723,156	443,955
`10/11`	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	5.0m	6,200	6,200	6,200	6,200	6,200	6,200	336,200	336,200	336,200	336,200	336,200	336,200
`100`	-	-	-	-	-	-	5.0m	20,000	20,000	20,000	20,000	20,000	20,000	350,000	350,000	350,000	350,000	350,000	350,000
`101`	-	-	-	-	-	-	0	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800
`13`	5.0m	2.9m	652,000	2.0m	1.4m	972,000	271,000	46,000	45,000	278,000	340,000	446,000	440,000	506,000	453,000	440,500	412,500	386,500	106,500
`130/1`	396,000	291,000	179,000	133,000	105,000	83,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	47,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000
`1311`	396,000	291,000	179,000	133,000	105,000	83,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	4.6m	2.6m	473,000	1.8m	1.3m	889,000	224,000	11,000	10,000	243,000	305,000	411,000	405,000	471,000	418,000	405,500	377,500	351,500	71,500
`14`	395	798	774	346	443	74	789	600	362	734	378	503	319	26	644	382	239	456	1,255
`17/49`	2.3m	3.8m	6.1m	5.0m	5.3m	5.6m	6.9m	117,750	403,212	257,924	446,993	608,319	608,044	482,181	1.6m	1.7m	1.3m	1.2m	933,266
`17`	2.1m	1.2m	3.3m	3.8m	4.6m	5.0m	5.2m	-	-	-	238,070	402,833	382,231	220,093	1.3m	1.3m	1.1m	762,835	760,738
`170/4`	-	-	0	258,226	769,120	1.3m	1.5m	-	-	-	-	11,172	18,332	25,269	2,671	9,762	19,273	29,692	10,738
`178/9`	2.1m	1.2m	3.3m	3.6m	3.9m	3.7m	3.7m	-	-	-	238,070	391,661	363,898	194,824	1.3m	1.3m	1.0m	733,143	750,000
`42/48`	140,671	2.5m	2.6m	1.0m	549,444	502,149	1.6m	117,750	403,212	257,924	208,924	205,486	224,608	260,782	259,194	326,619	275,962	382,664	109,751
`42`	-	0	258,226	510,894	503,554	496,318	489,103	-	-	-	-	7,160	6,937	9,392	7,091	9,511	10,419	9,930	3,747
`43`	-	-	-	-	-	-	0	115,000	165,000	165,000	165,000	165,000	165,744	165,000	165,000	155,000	-	-	919
`430/8`	-	-	-	-	-	-	0	115,000	165,000	165,000	165,000	165,000	165,744	165,000	165,000	155,000	-	-	919
`44`	40,393	222,483	182,394	118,329	42,616	5,831	3,255	2,750	8,028	2,154	14,569	10,657	14,207	12,563	12,473	13,157	11,022	19,257	13,929
`440/4`	40,393	222,483	182,394	118,329	42,616	5,831	3,255	2,750	8,028	2,154	14,569	10,657	14,207	12,563	12,473	13,157	11,022	19,257	13,929
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	10,050	-	-	-	11,896	-
`45`	278	444	-	0	3,275	-	-	-	184	25,984	29,355	22,669	37,720	63,764	42,014	23,129	34,521	38,907	18,830
`450/3`	278	444	-	0	3,275	-	-	-	184	5,605	9,524	3,870	7,489	18,016	18,625	4,389	15,397	28,100	12,316
`454/9`	-	-	-	-	-	-	-	-	-	20,379	19,831	18,799	30,231	45,748	23,389	18,740	19,124	10,807	6,514
`47/48`	100,000	2.3m	2.2m	389,786	-	0	1.1m	-	230,000	64,786	-	-	-	12	32,616	125,822	220,000	302,674	72,326
`492/3`	37,051	138,244	138,037	88,590	78,361	148,490	124,144	-	-	-	-	-	1,205	1,307	1,638	1,277	208	44,554	62,777
Income statement
`70/76A`	581,173	896,336	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`70`	581,173	896,336	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`76A`	-	-	-	-	-	115,130	-	-	6,379	-	671	199,958	-	2,500	-	1,130	166	-	-
`9900`	-	-	154,819	101,812	-42,915	-14,903	-16,243	-2,949	64,673	108,894	104,456	109,987	434,279	423,826	191,943	187,906	305,674	366,684	80,921
`60/66A`	296,702	504,451	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`61`	295,559	503,343	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`62`	-	-	-	-	-	-	-	-	93,315	116,054	115,156	119,811	270,733	231,498	139,060	112,061	99,002	53,916	13,772
`630`	-	-	-	-	-	-	-	-	-	3,256	6,090	12,962	12,948	15,144	11,345	11,562	12,333	11,379	4,594
`631/4`	-	-	-	-	-	0	-1,003	-	1,003	-	-	-	-	-	-	-	-	-	-
`640/8`	1,143	1,108	1,092	990	988	467	1,883	522	1,084	766	1,751	3,699	4,065	3,180	4,124	1,312	6,992	11,358	11,956
`66A`	-	-	-	-	-	115,130	0	1,124	-	40,914	74,000	144,884	195,538	107,204	-	-	492	4,261	-
`9901`	284,472	391,885	153,727	100,822	-43,903	-15,370	-17,123	-3,471	-30,728	-11,182	-18,541	-26,485	146,532	174,004	37,414	62,972	187,348	290,031	50,598
`75/76B`	2.0m	2.0m	902,162	543,192	581,484	1.0m	378,980	11,032	32,858	827	2,039	2,401	1,097	49,157	70,484	132,989	111,852	349,295	181,473
`75`	2.0m	2.0m	902,162	543,192	581,484	892,237	378,980	11,032	32,858	827	2,039	2,401	1,097	49,157	70,484	132,989	111,852	349,295	181,473
`750`	1.9m	2.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`751`	1,268	6,792	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`76B`	-	-	-	-	0	115,130	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	145,976	140,566	154,462	100,111	102,212	291,711	136,668	6,324	5,338	10,230	16,150	24,655	16,382	63,362	95,136	75,798	52,675	52,144	63,315
`65`	145,976	140,566	154,462	100,111	102,212	176,582	136,668	5,201	5,338	10,230	16,150	24,655	16,382	63,362	95,136	75,798	52,675	52,144	63,315
`650`	145,213	139,626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`652/9`	763	940	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`66B`	-	-	-	-	0	115,130	0	1,124	-	-	-	-	-	-	-	-	-	-	-
`9903`	2.1m	2.2m	901,428	543,903	435,369	700,285	225,189	1,238	-3,208	-61,500	-105,980	6,335	-64,291	55,095	12,762	121,294	246,199	582,921	168,757
`67/77`	-	-	-	-	-	-	0	-0	164	144	145	152	1,416	2,713	-0	150	416	3,720	74
`9904`	2.1m	2.2m	901,428	543,903	435,369	700,285	225,189	1,238	-3,372	-61,644	-106,125	6,184	-65,707	52,382	12,762	121,144	245,782	579,201	168,683
`9905`	2.1m	2.2m	901,428	543,903	435,369	700,285	225,189	1,238	-3,372	-61,644	-106,125	6,184	-65,707	52,382	12,762	121,144	245,782	579,201	168,683
Appropriation of the result
`9906`	2.1m	2.2m	901,774	544,346	435,443	701,074	225,789	1,600	-2,638	-61,266	-105,622	6,503	-65,681	53,026	13,144	121,382	246,239	580,456	169,255
`14P`	798	774	346	443	74	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	0	1.3m	-	-	-	-	-	233,000	62,000	106,000	-	66,000	-	-	-	-	-	-
`792`	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	2.1m	2.2m	46,000	544,000	435,000	701,000	225,000	1,000	-	-	-	6,000	-	53,000	12,500	28,000	26,000	280,000	101,500
`6920`	105,000	112,000	46,000	28,000	22,000	36,000	12,000	-	-	-	-	-	-	-	-	-	-	-	31,500
`6921`	2.0m	2.1m	0	516,000	413,000	665,000	213,000	1,000	-	-	-	6,000	-	53,000	12,500	28,000	26,000	280,000	70,000
`694/7`	-	0	2.2m	-	-	-	-	-	230,000	-	-	-	-	-	-	93,000	220,000	300,000	66,500
`694`	-	0	2.2m	-	-	-	-	-	230,000	-	-	-	-	-	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93,000	220,000	300,000	66,500
Social balance sheet
`9087`	-	-	-	-	-	-	-	-	1.5	2	2	2	3.8	3.7	2.8	2.1	1.8	1	0.3
Hours worked`1013`	-	-	-	-	-	-	-	-	2,617	3,498	3,488	3,445	6,358	6,440	4,926	3,597	3,154	1,742	446
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 6 older financial years (2000-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 33 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 07-07-2026.

Download as CSV

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	full format	07-07-2026	2026-00270138	PDF
31-12-2024	full format	08-07-2025	2025-00258918	PDF
31-12-2023	abbreviated format	24-06-2024	2024-00162270	PDF
31-12-2022	abbreviated format	16-06-2023	2023-00136518	PDF
31-12-2021	abbreviated format	21-06-2022	2022-20082789	PDF
31-12-2020	abbreviated format	25-06-2021	2021-24500586	PDF
31-12-2019	abbreviated format	24-06-2020	2020-20400437	PDF
30-06-2018	abbreviated format	14-01-2019	2019-01100518	PDF
30-06-2017	abbreviated format	26-01-2018	2018-02400211	PDF
30-06-2016	abbreviated format	30-01-2017	2017-03000418	PDF
30-06-2015	abbreviated format	15-01-2016	2016-01600450	PDF
30-06-2014	abbreviated format	16-01-2015	2015-01600351	PDF
30-06-2013	abbreviated format	31-01-2014	2014-02200260	PDF
30-06-2012	abbreviated format	25-01-2013	2013-01400412	PDF
30-06-2011	abbreviated format	13-01-2012	2012-00800387	PDF
30-06-2010	abbreviated format	28-01-2011	2011-01900281	PDF
30-06-2009	abbreviated format	08-01-2010	2010-00900291	PDF
30-06-2008	abbreviated format	12-02-2009	2009-04500138	PDF
30-06-2007	abbreviated format	05-02-2008	2008-03800100	PDF
30-06-2006	abbreviated format	12-01-2007	2007-01303245	PDF
30-06-2005	abbreviated format	16-01-2006	2006-01704249	PDF
31-12-2003	abbreviated format	23-05-2005	2005-16301338	PDF
31-12-2002	abbreviated format	01-10-2003	2003-70400050	PDF
31-12-2001	abbreviated format	08-11-2002	2002-70100268	PDF
31-12-2000	abbreviated format	17-10-2001	2001-64300170	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
-	-	-	3,041	893,658	0	11.2m	1,124	-	3,212	3,373	1,250	15,818	232,484	291,613	365,081	488,649	404,693	57,497
73,641	-83,083	-282,550	260,805	-214,883	-491,136	891,824	-7,573	8,111	-77,288	22,512	69,946	-60,719	-7,981	59,890	-5,625	-89,149	99,393	-
48.9%	43.7%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
81.4%	67.3%	48.2%	58.4%	54.9%	51.4%	43.2%	31.0%	11.3%	52.5%	43.7%	42.7%	42.3%	63.6%	33.4%	32.0%	35.8%	37.8%	32.2%
20.9%	28.3%	15.9%	7.8%	6.8%	11.7%	4.3%	2.3%	-6.5%	-21.6%	-30.6%	1.4%	-14.7%	6.2%	1.6%	15.6%	32.8%	80.1%	38.0%
17.0%	19.1%	7.7%	4.6%	3.7%	6.0%	1.8%	0.7%	-0.7%	-11.4%	-13.4%	0.6%	-6.2%	4.0%	0.5%	5.0%	11.8%	30.3%	12.2%

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.

Revenue breakdown

as filed

By activity 2025

Bestuursvergoeding €350,00060.2%
Dienstprestaties €231,17339.8%

Total €581,173

Source: 2025 accounts, page 19, filing 2026-00270138

All years (2023 to 2025)

By activity	2023	2024	2025
Bestuursvergoeding	€250,000	€300,000	€350,000
Dienstprestaties	€345,694	€596,336	€231,173
Total	€595,694	€896,336	€581,173

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	-	€258,226	€769,120	€1.3m
Carrying value of the other pledged assets	-	€11.2m	€11.2m	€11.2m	€11.2m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Financial fixed assets	-	-	-	€3,041	€893,658

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

Item	2025	2024	2023	2022	2021
Fee for the audit	€2,622	€3,703	-	-	-

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on STECHO

The operating result for 2025 is 27% lower than in 2024.

Debt's share of the balance-sheet total falls from 32.7% to 18.6%. Equity is higher and debt is lower.

Large changes and their cause

2024 Net result +148% on 2023. The accounts now follow the full format, last year the abbreviated format.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency81.4%

Return on assets17.0%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2025

Securities and guarantees

Investments

Auditor

Insights on STECHO

Next steps

in €m

in euro

81.4%

17.0%