STELODEV
Annual accounts 2025
micro format, filed on 24-04-2026, 98 days before the deadline-€38,093
▲ €12,343
-€40,625
▲ €12,356
€141,310
▲ 9.0%
€114,703
▼ 34.3%
42.2%
▼ 38.7 percentage points
2.61
▼ 0.49
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €1.2m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
42.2%
Higher than 39% of 39,368 companies in 2025.
2.61
Higher than 58% of 38,051 companies in 2025.
11.7%
Higher than 45% of 38,523 companies in 2025.
STELODEV
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
1.2m | 457,779 | 314,064 | 286,076 | 279,760 | 127,216 | 153,440 | 60,347 | 35,035 | |
21/28 |
1.0m | 200,000 | 201,378 | 203,182 | 129,985 | 100,156 | 100,364 | 572 | 780 | |
22/27 |
- | 0 | 1,378 | 3,182 | 4,985 | 156 | 364 | 572 | 780 | |
24 |
- | 0 | 1,378 | 3,182 | 4,985 | 156 | 364 | 572 | 780 | |
28 |
1.0m | 200,000 | 200,000 | 200,000 | 125,000 | 100,000 | 100,000 | - | - | |
29/58 |
185,824 | 257,779 | 112,686 | 82,894 | 149,774 | 27,060 | 53,076 | 59,775 | 34,255 | |
40/41 |
26,422 | 11,151 | 622 | 20,074 | 16,081 | 4,325 | 26,301 | 6,401 | 620 | |
40 |
25,000 | 11,000 | 0 | 19,800 | 9,814 | 0 | 20,000 | - | - | |
41 |
1,422 | 151 | 622 | 274 | 6,267 | 4,325 | 6,301 | 6,401 | 620 | |
54/58 |
157,342 | 244,705 | 110,206 | 60,916 | 131,887 | 21,411 | 25,345 | 51,960 | 31,875 | |
490/1 |
2,060 | 1,924 | 1,858 | 1,904 | 1,806 | 1,325 | 1,430 | 1,414 | 1,760 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
1.2m | 457,779 | 314,064 | 286,076 | 279,760 | 127,216 | 153,440 | 60,347 | 35,035 | |
10/15 |
511,127 | 370,650 | 241,841 | 123,470 | 120,075 | 1,485 | 24,849 | 34,497 | 17,274 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
13 |
492,527 | 352,050 | 223,241 | 104,870 | 101,475 | 15,897 | 15,897 | 15,897 | - | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | - | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
492,527 | 352,050 | 223,241 | 103,010 | 99,615 | 14,037 | 14,037 | 14,037 | - | |
14 |
0 | 0 | 0 | 0 | 0 | -33,012 | -9,648 | - | -1,326 | |
17/49 |
698,857 | 87,130 | 72,223 | 162,606 | 159,685 | 125,731 | 128,591 | 25,850 | 17,761 | |
17 |
624,161 | - | 0 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | |
178/9 |
624,161 | - | 0 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | |
42/48 |
71,121 | 83,101 | 69,382 | 62,606 | 59,685 | 25,731 | 27,968 | 25,251 | 17,761 | |
44 |
587 | 541 | 79 | 1,147 | 537 | 779 | 841 | 1,758 | 584 | |
440/4 |
587 | 541 | 79 | 1,147 | 537 | 779 | 841 | 1,758 | 584 | |
45 |
16,748 | 29,081 | 18,367 | 12,279 | 8,896 | 900 | - | 8,601 | 3,720 | |
450/3 |
16,748 | 29,081 | 18,367 | 12,279 | 8,896 | 900 | - | 2,956 | 3,720 | |
454/9 |
- | - | - | - | - | - | - | 5,645 | - | |
47/48 |
53,786 | 53,480 | 50,935 | 49,179 | 50,252 | 24,052 | 27,127 | 14,893 | 13,456 | |
492/3 |
3,576 | 4,029 | 2,842 | - | - | 0 | 623 | 599 | - | |
| Income statement | ||||||||||
9900 |
-38,093 | -50,436 | -62,970 | -41,671 | -33,900 | -41,176 | -6,416 | 26,887 | 7,078 | |
630 |
0 | 1,378 | 1,803 | 1,803 | 581 | 208 | 208 | 208 | 1,298 | |
640/8 |
2,532 | 1,168 | 732 | 1,578 | 999 | 1,236 | 1,617 | 1,466 | 3,800 | |
9901 |
-40,625 | -52,982 | -65,505 | -45,052 | -35,480 | -42,620 | -8,242 | 25,213 | 1,981 | |
75/76B |
200,000 | 200,000 | 200,001 | 50,000 | 164,000 | 20,000 | 0 | - | - | |
75 |
200,000 | 200,000 | 200,001 | 50,000 | 164,000 | 20,000 | 0 | - | - | |
65/66B |
3,651 | 4,121 | 2,911 | 69 | 235 | 423 | 1,126 | 1,216 | 936 | |
65 |
3,651 | 4,121 | 2,911 | 69 | 235 | 423 | 1,126 | 1,216 | 936 | |
9903 |
155,724 | 142,898 | 131,585 | 4,879 | 128,285 | -23,043 | -9,368 | 23,997 | 1,045 | |
67/77 |
14,413 | 13,230 | 12,414 | 683 | 8,896 | 321 | 280 | 5,974 | 2,371 | |
9904 |
141,310 | 129,667 | 119,171 | 4,196 | 119,389 | -23,364 | -9,648 | 18,023 | -1,326 | |
9905 |
141,310 | 129,667 | 119,171 | 4,196 | 119,389 | -23,364 | -9,648 | 18,023 | -1,326 | |
| Appropriation of the result | ||||||||||
9906 |
141,310 | 129,667 | 119,171 | 4,196 | 86,378 | -33,012 | -9,648 | 16,697 | -1,326 | |
14P |
- | - | - | 0 | -33,012 | - | - | - | - | |
791/2 |
- | 0 | 800 | - | - | - | - | - | - | |
691/2 |
140,477 | 128,808 | 119,171 | 3,396 | 85,578 | - | - | 15,897 | - | |
6920 |
- | - | - | - | - | - | - | 1,860 | - | |
6921 |
140,477 | 128,808 | 119,171 | 3,396 | 85,578 | - | - | 14,037 | - | |
694/7 |
833 | 859 | 800 | 800 | 800 | - | - | 800 | - | |
694 |
833 | 859 | 800 | 800 | 800 | - | - | 800 | - | |
| Social balance sheet | ||||||||||
9087 |
- | - | 0 | - | - | - | - | - | - | |
| Document | ||||||||||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
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 | micro format | 24-04-2026 | 2026-00086545 | |
| 31-12-2024 | abbreviated format | 20-06-2025 | 2025-00157873 | |
| 31-12-2023 | abbreviated format | 19-07-2024 | 2024-00262711 | |
| 31-12-2022 | abbreviated format | 20-07-2023 | 2023-00253198 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20205028 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37500006 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-49000520 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-34300144 | |
| 31-12-2017 | micro format | 19-07-2018 | 2018-35400491 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| -40,625 | -51,603 | -63,702 | -43,249 | -34,899 | -42,412 | -8,034 | 25,421 | 3,279 | ||
| 141,310 | 131,046 | 120,974 | 5,999 | 119,970 | -23,156 | -9,440 | 18,231 | -28 | ||
| 824,161 | 0 | 0 | 75,000 | 105,410 | 0 | 100,000 | 0 | 1,040 | ||
| -87,363 | 134,499 | 49,290 | -70,971 | 110,476 | -3,934 | -26,615 | 20,085 | - | ||
| 114,703 | 174,679 | 43,304 | 20,288 | 90,089 | 1,329 | 25,108 | 34,524 | 16,494 | ||
| 42.2% | 81.0% | 77.0% | 43.2% | 42.9% | 1.2% | 16.2% | 57.2% | 49.3% | ||
| 2.61 | 3.10 | 1.62 | 1.32 | 2.51 | 1.05 | 1.90 | 2.37 | 1.93 | ||
| 1.37 | 0.24 | 0.30 | 1.32 | 1.33 | 84.66 | 5.17 | 0.75 | 1.03 | ||
| 27.6% | 35.0% | 49.3% | 3.4% | 99.4% | - | -38.8% | 52.2% | -7.7% | ||
| 11.7% | 28.3% | 37.9% | 1.5% | 42.7% | -18.4% | -6.3% | 29.9% | -3.8% | ||
| -11.13 | -12.52 | -21.89 | -626.79 | -148.66 | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €5,410 |
| Financial fixed assets | €824,161 | - | - | - | €100,000 |
| €0 | €1,378 | €1,803 | €1,803 | €581 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on STELODEV
The operating result for 2025 is a loss of €40,625, smaller than the loss of €52,982 in 2024.
Debt's share of the balance-sheet total rises from 19.0% to 57.8%. Equity and debt are higher.
Large changes and their cause
- 2022 Net result -96% on 2021. The accounts now follow the abbreviated format, last year the micro format.