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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
STECHO
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Overview

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2000
peak €434,279 (2013)
-not published
lowest -€106,125 (2015)
€2.1m▼ 6.5%
peak €10.0m (2025)
€10.0m▲ 26.5%
€2.3m▼ 40.5%
peak 3.8 FTE (2013)
-not published
Board7 names since 2006
4 directorsAlgemene Ondernemingen Van Tornhaut and 3 others
Owners4 names in the annual accounts
99.99%VT-INVEST and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Turnover from €896,336 to €581,173Reappointment: BV AUDITAS BEDRIJFSREVISOREN (statutory auditor) 13-11Equity from €7.9m to €10.0mDebts from €3.8m to €2.3mCash from €96,885 to €170,526

Key points

from the 2025 annual accounts

Equity

€10.0m ▲ 26.5%

STECHO has made a profit without a break since 2018.

Turnover

€581,173 ▼ 35.2%
€896,0002024€581,0002025

Turnover fell in 2025 from €896,336 to €581,173.

Payment terms

50 days to suppliers
Suppliers
161 to 50
Customers
158 to 19

STECHO pays its suppliers 111 days earlier than in 2024. Customers pay 139 days earlier.

Liquidity

7.53 was 0.21 in 2024

Short-term debts fell from €2.5m to €140,671.

Board

3 joined · 1 left

Board changed. Latest change 07-07-2026 · 3 in office.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal, which does not raise the risk
1 signal.
neutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
23 days early
2023
37 days early
2022
45 days early
2021
40 days early
2020
36 days early
2019
37 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 35 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 25 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

V
Volforto
Director, LAMBERTYN Jan, since 07-05-2026
AO
Algemene Ondernemingen Van Tornhaut
Director, VAN TORNHAUT Dirk
VI
VT-INVEST
Director, VAN TORNHAUT Rita
AB
AUDITAS BEDRIJFSREVISOREN BV
Auditor, Sven VANSTEELANT

Shares in 2 companies, STABIL and V - SYSTEMS

Board & ownership

Recent changes

Changes of role: VT-INVEST, ALGEMENE ONDERNEMINGEN VAN TORNHAUT and VOLFORTO Permanent representatives: VAN TORNHAUT Rita, VAN TORNHAUT Dirk and LAMBERTYN Jan · Gazette deed
1 director appointed, 1 resignation Resignation: Vormplus · Appointment: Volforto · Permanent representative: Jan LAMBERTYN · Gazette deed
Reappointment: BV AUDITAS BEDRIJFSREVISOREN (statutory auditor) Permanent representative: Sven VANSTEELANT · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468745075
All 43 events

Comparable companies

same main activity, similar in size and age
Company
STECHO Aalter €581,173 48.9% 81.4% -
KEESERBERG Oudenaarde €584,606 35.6% 60.2% -
CRUSTUM Wetteren €678,900 37.5% 10.2% -
H.P. BEHEERSMAATSCHAPPIJ Erpe-Mere €583,000 76.7% 68.3% 3
EURO COACH SERVICES Mouscron €612,854 7.9% 18.3% 2
INDU Oud-Turnhout €657,798 19.0% 72.7% -
H.NCD Bruges €615,500 14.9% 76.9% 2.9
-10%0%10%20%€1m€10m€100m€1bnSTECHOEBIT margin

Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as STECHO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €11m and €16m, founded between 1998 and 2003.

Official details

Source: KBO
Status
Active since 24-12-1999Normal situation
Registered office
29 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Activities of holding companiesNACE 64210and 1 other
Establishment unit
2.115.704.9099880 Aalter, since 16-02-2000
Financial year end
31 December
Peppol
Reachable since 22-08-2025
Company details

Annual accounts 2025

€2.1m▼ 6.5%
€10.0m▲ 26.5%
€12.3m▲ 4.6%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on STECHO

STECHO has existed since 1999. In 2008 the gross margin rose from €80,921 to €366,684 and staff from 0.3 to 1 full-time equivalents.

Solvency rose in 2025 from 67.3% to 81.4% because of the retained profit and lower debts.

VT-INVEST holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

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 Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 12.3m11.7m11.7m11.9m11.7m11.6m12.2m170,550454,774542,858793,5711.1m1.1m1.3m2.4m2.4m2.1m1.9m1.4m
20 ----------------3428831,623
21/28 11.2m11.2m11.2m11.2m11.4m11.2m11.2m--408,862559,517725,985684,673877,1801.9m2.4m2.0m1.5m1.2m
21 ---------1292961,3322,3683,1624,3691,3831,872346-
22/27 ---------2,6722,54920,36631,04232,3878,64518,63229,36238,41314,271
23 ---------5281,0563,8097,7251,4772,0044,7598,25710,0761,143
24 ---------2,1441,0761,6152,1532,6916,64113,87321,10628,33813,128
26 ----------417833-------
28 11.2m11.2m11.2m11.2m11.4m11.2m11.2m--406,061556,672704,287651,263841,6321.9m2.4m2.0m1.5m1.1m
280/1 11.2m11.2m-----------------
280 11.2m11.2m-----------------
29/58 1.1m521,477531,937710,667274,435416,9641.0m170,550454,774133,996234,054335,037369,890447,227426,05548,94465,984364,150221,476
29 --------10,56720,055---------
291 --------10,56720,055---------
3 00--------35,978115,131115,131242,255280,632-18,06099,831162,571
30/36 ----------35,978115,131115,131242,255280,632-18,06099,831162,571
40/41 38,056424,59151,906244,23770,465368113,767154,643420,72698,572105,417146,949250,608130,23073,81937,66130,219116,02711,389
40 29,575386,79047,396242,10770,413-02,96149,53798,042105,417140,913144,029129,35240,93630,50520,530116,02711,084
41 8,48137,8014,5102,13053368113,767151,682371,189529-6,036106,57987832,8837,1559,689-305
50/53 850,0000300,000----------------
51/53 850,0000-----------------
54/58 170,52696,885179,968462,518201,713416,596907,73215,90823,48115,37092,65870,14620060,91968,8999,00914,634103,7844,391
490/1 -0633,9122,258------2,8113,95113,8242,7042,2743,07044,50943,125
Balance sheet: equity and liabilities
10/49 12.3m11.7m11.7m11.9m11.7m11.6m12.2m170,550454,774542,858793,5711.1m1.1m1.3m2.4m2.4m2.1m1.9m1.4m
10/15 10.0m7.9m5.7m7.0m6.4m6.0m5.3m52,80051,562284,934346,578452,703446,519842,226789,844777,082748,939723,156443,955
10/11 5.0m5.0m5.0m5.0m5.0m5.0m5.0m6,2006,2006,2006,2006,2006,200336,200336,200336,200336,200336,200336,200
100 ------5.0m20,00020,00020,00020,00020,00020,000350,000350,000350,000350,000350,000350,000
101 ------013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,800
13 5.0m2.9m652,0002.0m1.4m972,000271,00046,00045,000278,000340,000446,000440,000506,000453,000440,500412,500386,500106,500
130/1 396,000291,000179,000133,000105,00083,000-------------
130 ------47,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,000
1311 396,000291,000179,000133,000105,00083,000-------------
133 4.6m2.6m473,0001.8m1.3m889,000224,00011,00010,000243,000305,000411,000405,000471,000418,000405,500377,500351,50071,500
14 39579877434644374789600362734378503319266443822394561,255
17/49 2.3m3.8m6.1m5.0m5.3m5.6m6.9m117,750403,212257,924446,993608,319608,044482,1811.6m1.7m1.3m1.2m933,266
17 2.1m1.2m3.3m3.8m4.6m5.0m5.2m---238,070402,833382,231220,0931.3m1.3m1.1m762,835760,738
170/4 --0258,226769,1201.3m1.5m----11,17218,33225,2692,6719,76219,27329,69210,738
178/9 2.1m1.2m3.3m3.6m3.9m3.7m3.7m---238,070391,661363,898194,8241.3m1.3m1.0m733,143750,000
42/48 140,6712.5m2.6m1.0m549,444502,1491.6m117,750403,212257,924208,924205,486224,608260,782259,194326,619275,962382,664109,751
42 -0258,226510,894503,554496,318489,103----7,1606,9379,3927,0919,51110,4199,9303,747
43 ------0115,000165,000165,000165,000165,000165,744165,000165,000155,000--919
430/8 ------0115,000165,000165,000165,000165,000165,744165,000165,000155,000--919
44 40,393222,483182,394118,32942,6165,8313,2552,7508,0282,15414,56910,65714,20712,56312,47313,15711,02219,25713,929
440/4 40,393222,483182,394118,32942,6165,8313,2552,7508,0282,15414,56910,65714,20712,56312,47313,15711,02219,25713,929
46 -------------10,050---11,896-
45 278444-03,275---18425,98429,35522,66937,72063,76442,01423,12934,52138,90718,830
450/3 278444-03,275---1845,6059,5243,8707,48918,01618,6254,38915,39728,10012,316
454/9 ---------20,37919,83118,79930,23145,74823,38918,74019,12410,8076,514
47/48 100,0002.3m2.2m389,786-01.1m-230,00064,786---1232,616125,822220,000302,67472,326
492/3 37,051138,244138,03788,59078,361148,490124,144-----1,2051,3071,6381,27720844,55462,777
Income statement
70/76A 581,173896,336-----------------
70 581,173896,336-----------------
76A -----115,130--6,379-671199,958-2,500-1,130166--
9900 --154,819101,812-42,915-14,903-16,243-2,94964,673108,894104,456109,987434,279423,826191,943187,906305,674366,68480,921
60/66A 296,702504,451-----------------
61 295,559503,343-----------------
62 --------93,315116,054115,156119,811270,733231,498139,060112,06199,00253,91613,772
630 ---------3,2566,09012,96212,94815,14411,34511,56212,33311,3794,594
631/4 -----0-1,003-1,003----------
640/8 1,1431,1081,0929909884671,8835221,0847661,7513,6994,0653,1804,1241,3126,99211,35811,956
66A -----115,13001,124-40,91474,000144,884195,538107,204--4924,261-
9901 284,472391,885153,727100,822-43,903-15,370-17,123-3,471-30,728-11,182-18,541-26,485146,532174,00437,41462,972187,348290,03150,598
75/76B 2.0m2.0m902,162543,192581,4841.0m378,98011,03232,8588272,0392,4011,09749,15770,484132,989111,852349,295181,473
75 2.0m2.0m902,162543,192581,484892,237378,98011,03232,8588272,0392,4011,09749,15770,484132,989111,852349,295181,473
750 1.9m2.0m-----------------
751 1,2686,792-----------------
76B ----0115,130-------------
65/66B 145,976140,566154,462100,111102,212291,711136,6686,3245,33810,23016,15024,65516,38263,36295,13675,79852,67552,14463,315
65 145,976140,566154,462100,111102,212176,582136,6685,2015,33810,23016,15024,65516,38263,36295,13675,79852,67552,14463,315
650 145,213139,626-----------------
652/9 763940-----------------
66B ----0115,13001,124-----------
9903 2.1m2.2m901,428543,903435,369700,285225,1891,238-3,208-61,500-105,9806,335-64,29155,09512,762121,294246,199582,921168,757
67/77 ------0-01641441451521,4162,713-01504163,72074
9904 2.1m2.2m901,428543,903435,369700,285225,1891,238-3,372-61,644-106,1256,184-65,70752,38212,762121,144245,782579,201168,683
9905 2.1m2.2m901,428543,903435,369700,285225,1891,238-3,372-61,644-106,1256,184-65,70752,38212,762121,144245,782579,201168,683
Appropriation of the result
9906 2.1m2.2m901,774544,346435,443701,074225,7891,600-2,638-61,266-105,6226,503-65,68153,02613,144121,382246,239580,456169,255
14P 79877434644374--------------
791/2 -01.3m-----233,00062,000106,000-66,000------
792 -0-----------------
691/2 2.1m2.2m46,000544,000435,000701,000225,0001,000---6,000-53,00012,50028,00026,000280,000101,500
6920 105,000112,00046,00028,00022,00036,00012,000-----------31,500
6921 2.0m2.1m0516,000413,000665,000213,0001,000---6,000-53,00012,50028,00026,000280,00070,000
694/7 -02.2m-----230,000------93,000220,000300,00066,500
694 -02.2m-----230,000----------
695 ---------------93,000220,000300,00066,500
Social balance sheet
9087 --------1.52223.83.72.82.11.810.3
Hours worked1013 --------2,6173,4983,4883,4456,3586,4404,9263,5973,1541,742446
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
---3,041893,658011.2m1,124-3,2123,3731,25015,818232,484291,613365,081488,649404,69357,497
73,641-83,083-282,550260,805-214,883-491,136891,824-7,5738,111-77,28822,51269,946-60,719-7,98159,890-5,625-89,14999,393-
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 activity202320242025
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
Item20252024202320222021
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
Item20252024202320222021
Financial fixed assets---€3,041€893,658

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

Auditor

fees
Item20252024202320222021
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.

Board & ownership

Board

3 directors, 1 auditor, last change in July 2026
Volforto BV
Director (not named in the articles), permanent representative LAMBERTYN Jan
since 07-05-2026 term without a fixed end
earlier manager, until 07-07-2026
also on the board of 20 other companies
listed in the 2025 annual accounts, filed on 07-07-2026
Algemene Ondernemingen Van Tornhaut BV
Director (not named in the articles), permanent representative VAN TORNHAUT Dirk
appointed by deed of 07-07-2026 term without a fixed end
earlier manager, until 07-07-2026
listed in the 2025 annual accounts, filed on 07-07-2026
VT-INVEST BV
Director (not named in the articles), permanent representative VAN TORNHAUT Rita
appointed by deed of 07-07-2026 term without a fixed end
earlier manager, from 10-05-2019 to 07-07-2026
also on the board of 11 other companies
listed in the 2025 annual accounts, filed on 07-07-2026
AUDITAS BEDRIJFSREVISOREN BV
Statutory auditor, permanent representative Sven VANSTEELANT
current term since 30-06-2025 term until 15-06-2028
listed in the 2025 annual accounts, filed on 07-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 15. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 07-07-2026
Permanent representatives 3
LAMBERTYN Jan
Permanent representative, for Volforto
appointed by deed of 07-07-2026
VAN TORNHAUT Dirk
Permanent representative, for Algemene Ondernemingen Van Tornhaut
appointed by deed of 07-07-2026
VAN TORNHAUT Rita
Permanent representative, for VT-INVEST
appointed by deed of 07-07-2026

Office holders in the KBO →

Mandates through the years

7 names, the dashed line is today
Algemene Ondernemingen Van Tornhaut
Director (not named in the articles)
VT-INVEST
Director (not named in the articles)
Volforto
Director (not named in the articles)
AUDITAS BEDRIJFSREVISOREN BV
Statutory auditor
Vormplus
Director
BURO 7
Director
HULLYNCK
Manager
BoardEarliermandate already running before its first mention
Mandates as a list
  • Algemene Ondernemingen Van Tornhaut
    • Director (not named in the articles), from 10-03-2006 to date
    • Manager, until 07-07-2026
  • VT-INVEST
    • Manager, from 29-03-2019 to 07-07-2026
    • Director (not named in the articles), appointed by deed of 07-07-2026, still in office
  • Volforto
    • Director, from before 31-12-2025 to 07-07-2026
    • Director (not named in the articles), appointed by deed of 07-07-2026, still in office
  • AUDITAS BEDRIJFSREVISOREN BV
    • Statutory auditor, appointed by deed of 10-05-2019, still in office
  • Vormplus
    • Director, appointed by deed of 17-11-2021, until 29-04-2026
  • BURO 7
    • Director, until 17-09-2021
  • HULLYNCK
    • Manager, until 10-05-2019

See the board, name and registered office on a given date →

Control

Parent
VT-INVEST
Equity €113.9m
Profit €41.3m in 2025 (profit €10.4m in 2024)
99.99%
This company
STECHO
Equity €10.0m
Profit €2.1m in 2025

and 1 other shareholder

Capital

Contribution
€5,000,000
Shares
53,044
Contribution per share
€94.26
Equity per share
€188 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
VT-INVEST
14.29%50%90%100%
99.99%
Algemene Ondernemingen Van Tornhaut
36%0.01%listed0.01%
0.01%
BURO 7
10%
10% until 2020
Vlaemynck Invest
50%50%
50% until 2018
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 07-07-2026 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00

Shareholders

2 owners

Owners 2

Capital transactions

Capital over time
  1. 07-07-2026 Converted to unavailable equity
  2. 10-05-2019 Capital increase of €1,495,468.08 · to €1,515,468.08 · 52,344 new shares, 98.7% of the 53,044 shares after the increase · “inbreng in de vennootschap van aandelen”
  3. 10-05-2019 Capital increase of €3,484,531.92 · to €5,000,000 · no new shares · from reserves

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companySTECHO2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

  • BE Stabil €6.0m result €812,305
  • BE V-Systems99.87% €2.7m result €639,099

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Part of the group VT-INVEST Group, risk and exposure

Parent

VT-INVEST
0883.073.845 · 99.99% of the shares · equity €113.9m · profit €41.3m (2025)

At the same address

Knokkebaan 25, 9880 Aalter · 28 other companies
VT-INVEST
registered office since 19-09-2006 · founded in 2006
 turnover €2.3m (2025)
0883.073.845
VAN DE WALLE INDUSTRIAL BUILDING CONTRACTOR
registered office since 03-04-2012 · founded in 2012 · group VT-INVEST
 50 FTE (2025)
0844.980.361
VOLUS
registered office since 04-06-2015 · founded in 2015 · group VT-INVEST
 turnover €58.4m (2025)
0631.754.961
Algemene Ondernemingen Van Tornhaut
establishment since 01-02-2018 · founded in 1983 · group VT-INVEST
 68 FTE (2025)
0424.037.775
VT-RESIDENTIAL
registered office since 22-10-1991 · founded in 1991 · group VT-INVEST
 total assets €40.8m (2025)
0445.385.495
VT-INDUSTRIAL
registered office since 21-12-2023 · founded in 2023 · group VT-INVEST
 turnover €519,520 (2025)
1003.750.159
CONCRETE HOLDING
registered office since 13-09-2022 · founded in 2022 · group VT-INVEST
 turnover €350,000 (2025)
0790.738.555
ZOUTE CORNER DEVELOPMENT
registered office since 03-03-2025 · founded in 2025 · group VT-INVEST
 total assets €15.3m (2025)
1020.595.495
DAVATO
registered office since 21-11-2013 · founded in 2013 · group VT-INVEST
 total assets €14.2m (2025)
0542.375.302
CENTAUR
registered office since 16-10-2020 · founded in 2020 · negative equity (2025)
 total assets €14.2m (2025)
0756.679.182
and 18 more

Earlier ties

Sankt
via Volforto, no longer at Sankt · Director · deed of 24-07-2023
founded in 2014 · group Triginta · accounts filed late
 total assets €20.7m (2024)
Triginta Investments
via Volforto, no longer at Triginta Investments · Director · deed of 11-12-2024
founded in 2018 · negative equity (2025) · group Triginta
 total assets €14.8m (2025)
Arcaterra Holding
via Volforto, no longer at Arcaterra Holding · Director · deed of 06-03-2023
founded in 2019 · negative equity (2025) · group Triginta
 total assets €10.5m (2025)
Triginta Development
via Volforto, no longer at Triginta Development · Director · deed of 14-10-2024
founded in 2018 · negative equity (2025) · group Triginta
 total assets €5.5m (2025)
Triginta Land
via Volforto, no longer at Triginta Land · Director · deed of 30-10-2024
founded in 2018 · negative equity (2025) · group Triginta
 total assets €3.7m (2025)
Den Trap Offices
via Volforto, no longer at Den Trap Offices · Director · deed of 13-05-2024
founded in 2024 · negative equity (2025) · group Triginta
 total assets €690,544 (2025)
Show 15 more earlier ties
TRIGINTA FINANCE
via Volforto, no longer at TRIGINTA FINANCE · Director · deed of 13-07-2023
founded in 2023 · group Triginta
 total assets €26.8m (2025)
Triginta Nederland
via Volforto, no longer at Triginta Nederland · Director · deed of 07-01-2025
founded in 2021 · group Triginta
 total assets €19.2m (2025)
Hérité Invest
via Volforto, no longer at Hérité Invest · Director · deed of 02-08-2024
founded in 2020 · group Triginta
 turnover €761,414 (2021)
ARCATERRA
via Volforto, no longer at ARCATERRA · Director · deed of 25-07-2023
founded in 2006 · group Triginta
 total assets €9.4m (2025)
Mechelen - Eandistip
via Volforto, no longer at Mechelen - Eandistip · Director · deed of 07-01-2025
founded in 2020 · group Triginta
 total assets €9.3m (2021)
SOBRIMMO
via Volforto, no longer at SOBRIMMO · Director · deed of 22-07-2022
founded in 1994 · group Triginta
 total assets €4.3m (2025)
17 december
via Volforto, no longer at 17 december · Director · deed of 21-08-2024
founded in 2012 · group Triginta
 total assets €3.7m (2025)
STURZO INVEST
via Algemene Ondernemingen Van Tornhaut, no longer at STURZO INVEST · Niet statutair bestuurder klasse a · deed of 10-11-2022
founded in 2008
 total assets €2.5m (2025)
Den Trap Construct
via Volforto, no longer at Den Trap Construct · Director · deed of 17-05-2023
founded in 2021 · group Triginta
 total assets €2.5m (2025)
Gent-Privilege
via Volforto, no longer at Gent-Privilege · Director · deed of 11-03-2025
founded in 1988 · group Triginta
 total assets €2.4m (2025)
TRIGINTA MANAGER
via Volforto, no longer at TRIGINTA MANAGER · Director · deed of 02-01-2025
founded in 2019 · group Triginta
 9 FTE (2025)
SERAFIJN
via Volforto, no longer at SERAFIJN · Director · deed of 13-09-2022
founded in 2022
 total assets €632,570 (2025)
HEDAPO
via Volforto, no longer at HEDAPO · Director · deed of 25-01-2024
founded in 2008
 total assets €357,688 (2025)
ZORGCONCEPT
via Volforto, no longer at ZORGCONCEPT · Director · deed of 07-01-2025
founded in 1988 · group Triginta
 total assets €237,717 (2025)
Immo Van Craen
via Volforto, no longer at Immo Van Craen · Director · deed of 13-05-2024
founded in 1996 · group Triginta
 total assets €170,850 (2025)

Holdings and subsidiaries

2 holdings

Holdings 2

Share, source and own figures per holding (2)

Source for every holding own accounts 2025

  • STABILsubsidiary
    Equity €6.0m Profit of €812,305 in 2025 (profit of €1.6m in 2024) Checked score 96
    100%
  • V - SYSTEMSsubsidiary
    Equity €2.7m Profit of €639,099 in 2025 (profit of €1.3m in 2024) Checked score 97
    99.87%
Holdings through the years 2007 to 2025
Holdings through the years
Name2007200820092010201120122013201420152016201720182019202020212022202320242025
STABIL 99.95%100%
V - SYSTEMS 99.87%
IMPULS 2001 99.95%
MERCATORE 16.66%16.67%
VANHOSTA KNOKKE 12.5%
HEMINGWAY INVEST 11.11%
KAZAND 50%
PROBEL 50%

Source: list of holdings in its own accounts

Board mandates elsewhere

2 board mandates
Board mandates of STECHOSTECHO sits on their board2
STABIL
Director
Founded in 1997 · 20 FTE (2025) · group VT-INVEST
V - SYSTEMS
Director · 2 locations
Founded in 1993 · 13 FTE (2025) · group VT-INVEST

Connections & network

22 connected companies
Depth
+41 companies via a shared corporate director +41via a sharedcorporate directorHarbourview Invest, Shared corporate director HIHarbourviewInvestSTURZO INVEST, Shared corporate director SISTURZO INVESTSTECHO STECHO0468.745.075
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
DADALUS
via VT-INVEST · Director (not named in the articles) · deed of 26-01-2022
Founded in 2022 · total assets €7.0m (2025) · negative equity · group VT-INVEST
→
Harold Kindt Project Management
via VT-INVEST · Director (not named in the articles) · deed of 04-05-2023
Founded in 2000 · total assets €1.0m (2025) · negative equity · group VT-INVEST
→
Harbourview Invest
via Algemene Ondernemingen Van Tornhaut · Director (not named in the articles) · deed of 26-01-2024
Founded in 2007 · total assets €250,542 (2025) · negative equity
→
VAN DE WALLE INDUSTRIAL BUILDING CONTRACTOR
via VT-INVEST · Director (not named in the articles) · deed of 21-11-2024
Founded in 2012 · 50 FTE (2025) · group VT-INVEST
→
Show 18 more companies with a shared director
VOLUS
via VT-INVEST · Director (not named in the articles) · deed of 06-12-2021
Founded in 2015 · turnover €58.4m (2025) · group VT-INVEST
→
VT-RESIDENTIAL
via VT-INVEST · Director · deed of 02-02-2026
Founded in 1991 · total assets €40.8m (2025) · group VT-INVEST
→
VT-INDUSTRIAL
via VT-INVEST · Director · deed of 27-12-2023
Founded in 2023 · turnover €519,520 (2025) · group VT-INVEST
→
SPANBO
via VT-INVEST · Director (not named in the articles) · deed of 27-11-2024
Founded in 2020 · 23 FTE (2025) · group VT-INVEST
→
SRW HOLDING
via VT-INVEST · Manager (not named in the articles) · deed of 11-12-2019
Founded in 2016 · 3.3 FTE (2025)
→
CONCRETE HOLDING
via VT-INVEST · Director · deed of 15-09-2022
Founded in 2022 · turnover €350,000 (2025) · group VT-INVEST
→
ZOUTE CORNER DEVELOPMENT
via VT-INVEST · Director (not named in the articles) · deed of 05-03-2025
Founded in 2025 · total assets €15.3m (2025) · group VT-INVEST
→
DAVATO
via VT-INVEST · Director (not named in the articles) · deed of 23-01-2020
Founded in 2013 · total assets €14.2m (2025) · group VT-INVEST
→
ZOUTE CORNER
via VT-INVEST · Director (not named in the articles) · deed of 05-03-2025
Founded in 2025 · total assets €8.8m (2025) · group VT-INVEST
→
KORLAM
via VT-INVEST · Director · deed of 18-08-2025
Founded in 1990 · 9.6 FTE (2025) · group VT-INVEST
→
GUSTAAF CUYLAERTS
via VT-INVEST · Director (not named in the articles) · deed of 27-11-2024
Founded in 1977 · 27 FTE (2025) · group VT-INVEST
→
Tope Tegoare
via Volforto · Director · deed of 07-06-2023
Founded in 2017 · total assets €3.3m (2025)
→
BATSLEER GEVELRENOVATIE
via VT-INVEST · Director · deed of 10-03-2026
Founded in 2009 · 19 FTE (2025) · group VT-INVEST
→
VERMENTIER SQUARE INVEST
via VT-INVEST · Director · deed of 01-12-2025
Founded in 2003 · total assets €2.8m (2025) · group VT-INVEST
→
Baldr.dev
via Volforto · Director (not named in the articles) · deed of 23-02-2026
Founded in 2026
→
ENTR'ACTE BV
via Volforto · Director (not named in the articles) · deed of 29-06-2022
No longer active · total assets €2.0m (2024)
→
ART-C
via Volforto · Director · deed of 10-05-2023
No longer active · total assets €551,905 (2023)
→
HÉRITÉ
via Volforto · Director · deed of 24-11-2023
No longer active
→

Timeline

Timeline

43 events since 1999

Deadline for the 2026 accounts: 31-07-2027

2026
Changes of role: VT-INVEST, ALGEMENE ONDERNEMINGEN VAN TORNHAUT and VOLFORTOPermanent representatives: VAN TORNHAUT Rita, VAN TORNHAUT Dirk and LAMBERTYN Jan12 points ▸
  • 53,044 shares
  • Director resignation, VT-INVEST (manager)
  • Director resignation, ALGEMENE ONDERNEMINGEN VAN TORNHAUT (manager)
  • Director resignation, VOLFORTO (manager)
  • Director appointment, VT-INVEST (director (not named in the articles))
  • Director appointment, ALGEMENE ONDERNEMINGEN VAN TORNHAUT (director (not named in the articles))
  • Director appointment, VOLFORTO (director (not named in the articles))
  • Permanent representative, VAN TORNHAUT Rita
  • Permanent representative, VAN TORNHAUT Dirk
  • Permanent representative, LAMBERTYN Jan
  • Registered office clause, Knokkebaan 25/2E, 9880 Aalter
  • Power of attorney, Roel MONDELAERS
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBfull format · 24 days before the deadline
1 director appointed, 1 resignationResignation: Vormplus · Appointment: Volforto · Permanent representative: Jan LAMBERTYN3 points ▸
  • Director resignation, Vormplus
  • Director appointment, Volforto
  • Permanent representative, Jan LAMBERTYN
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2025
Liquidity more than 36 times current ratio 7.53 The current ratio rises from 0.21 to 7.53. Short-term debt falls from €2.5m to €140,671.
Reappointment: BV AUDITAS BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Sven VANSTEELANT2 points ▸

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0468745075
Annual accounts 2024 filed PDFfull format · 23 days before the deadline
2024
Highest result from 2007 to 2025 net €2.2m ▲148% The operating result of €391,885 and the net result of €2.2m are both a record.
Annual accounts 2023 filed PDFabbreviated format · 37 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 45 days before the deadline
1 statutory auditor reappointedBV AUDITAS BEDRIJFSREVISOREN (statutory auditor) · Permanent representatives: Sven Vansteelant and Rita Van Tornhaut · General meeting of 16-06-20224 points ▸
  • General meeting, 16-06-2022
  • Auditor reappointment, BV AUDITAS BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Sven Vansteelant
  • Permanent representative, Rita Van Tornhaut

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 40 days before the deadline
2021
1 director appointed, 1 resignationResignation: BURO 7 · Appointment: VORMPLUS · Permanent representatives: Kristof Lievens and Rita Van Tornhaut · General meeting of 17-09-20215 points ▸
  • General meeting, 17-09-2021
  • Director resignation, BURO 7
  • Director appointment, VORMPLUS
  • Permanent representative, Kristof Lievens
  • Permanent representative, Rita Van Tornhaut
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 36 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 37 days before the deadline
2019
Equity above €5m equity €5.3m ▲9,884% After 2 profitable years in a row, equity reaches €5.3m.
Company renamed from VLATO to STECHORegistered office moved from Tielt to Aalter · Capital from €20,000 to €1,515,468.08, 52,344 new shares · Capital from €1,515,468.08 to €5,000,000 · General meeting of 29-03-201915 points ▸
  • General meeting, 29-03-2019
  • Name change, STECHO
  • Registered-office move, Knokkebaan 25/2E, 9880 Aalter
  • Director resignation, HULLYNCK (manager)
  • Permanent representative, VLAEMYNCK Karel
  • Director appointment, VT-INVEST (manager)
  • Permanent representative, VAN TORNHAUT Rita Anna
  • Board composition, VT-INVEST (manager)
  • Board composition, ALGEMENE ONDERNEMINGEN VAN TORNHAUT (manager)
  • Permanent representative, VAN TORNHAUT Dirk
  • Auditor reappointment, AUDITAS BEDRIJFSREVISOREN (statutory auditor)
  • Capital increase, €1,495,468.08
  • Capital, €1,515,468.08, 53,044 shares
  • Capital increase, €3,484,531.92
  • Capital, €5,000,000, 53,044 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 17 days before the deadline
2018
Back to profit net €1,238 The net result is €1,238, after 3 loss-making years.
Annual accounts 2017 filed PDFabbreviated format · 5 days before the deadline
2017
Liquidity more than doubled current ratio 1.13 The current ratio rises from 0.52 to 1.13.
Annual accounts 2016 filed PDFabbreviated format · 1 day before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 16 days before the deadline
2015
Weakest financial year net -€106,125 The net result drops to -€106,125, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFabbreviated format · 15 days before the deadline
2014
Back to profit net €6,184 The net result is €6,184, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Annual accounts 2012 filed PDFabbreviated format · 6 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 18 days before the deadline
2011
Liquidity more than 10 times current ratio 1.64 The current ratio rises from 0.15 to 1.64. Short-term debt falls from €326,619 to €259,194.
Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 23 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 12 days late
2008
Equity above €500,000 equity €723,156 ▲62.9% With a profit in every financial year since 2007, equity grows to €723,156.
Annual accounts 2007 filed PDFabbreviated format · 5 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 19 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
First establishment Knokkebaan 25, Aalter
1999
Incorporation published on 05-01-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 24 December 1999, STECHO was incorporated.1 In 2019 the company took the name STECHO.2 The registered office was moved to Aalter in 2019.2 A capital increase in 2019 brought the capital to €5.0m.2 Total assets went from €12.2m in 2019 to €12.3m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-05-2019
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0468.745.075
VAT number
BE 0468.745.075
Peppol ID
0208:0468745075
Other Peppol ID
9925:BE0468745075
Legal form
Private limited company
Status
Active, normal situation
Founded
24-12-1999
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00
deed of 07-07-2026 (in Dutch)
Peppol
Reachable since 22-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
STECHO in Dutch
Former name
VLATO until the deed of 10-05-2019
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-07-2026 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-07-2026 (in Dutch)

Activities

NACEBEL 2025
64210 Activities of holding companies main activity
70200 Business and other management consultancy
Codes under NACEBEL 2008
64200 Holdings main activity
70220 Business consulting
Codes under NACEBEL 2003
74142

Registered office and establishments

1 establishment
Establishment Since Unit number
Knokkebaan 25 registered office 9880 Aalter 16-02-2000 2.115.704.909
1 former office
  • 8700 Tielt until the deed of 10-05-2019

Buildings and parcels at the address

Ground area
6,015 m²
Buildings
1,020 m²
Volume, LiDAR
12,405 m³
Tallest building
16.1 m
Buildings to scale, each on its own parcel
1,020 m², 16.1 m 1,020 m², 16.1 m

Location

registered office establishment The establishment unit on the map
29 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44503H0075/00K0006,015 m² 1 · 1,020 m² 16.1 m · 4

Contact

E-mail boekhouding@vantornhaut.be

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