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STEMA

Active
Public limited companyfounded 1988active for 38 yearsChaussée de Wavre 362, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0433.462.316
Summary

STEMA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€65,091) and a net result of -€7,471. Equity has been shrinking by about 37% per year since 2018. Its solvency ranks better than 5% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 09-03-1988 Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Wholesale of machine tools NACE 46620and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.035.704.554 1390 Grez-Doiceau, since 11-03-1988
Financial year end
31 December
Peppol
Reachable since 17-01-2026

Board and ownership

Board
  • Bauwens Consulting & Partners BVDirector
  • Bauwens JohanDirector
  • Braet VeroniqueDirector
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€8,896
▲ 403%
Turnover
≈ €100,000
estimated
Loss
€7,471
▼ 42.0%
Equity
-€65,091
▼ 13.0%
Total assets
€23,401
▼ 49.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 59 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €7,471, the second in a row (financial year 2025)Negative equity -€65,091lowers riskSize: total assets €23,401Founded in 1988Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -278.2% of total assets
Liquidity 50=
short-term debt 378.2% · cash 56.9%
Profitability 0=
return on assets -31.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.6 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.2 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▼ -0.2 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.36 in 2024), below 1. Short-term debt is 378.2% and cash 56.9% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 51% on liquidity, 6% on profitability and 23% 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).

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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €23,401
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €7,471, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€65,091
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€65,091
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
59 days late
2024
6 days early
2023
29 days late
2022
70 days late
2021
19 days late
2020
15 days early
2019
88 days late
← 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 after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 30 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

Financials

Financials · financial year 2025, full format

2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00526312.

Annual accounts 2025 filed on 28-09-2026 at the NBB all 39 filings

Turnover
≈ €100,000
Estimated: probably between €42,000 and €240,000
EBIT margin
Not included in this filing
Net result
-€7,471▲ 42.0%
2024 · -€12,871
Working capital
-€66,009▼ 0.7%
2024 · -€65,554
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€4,311
▲ 27.2% 2025
20182025
Net result
-€7,471
▲ 42.0% 2025
lowest quarter of the sector
20182025
Equity
-€65,091
▼ 13.0% 2025
lowest quarter of the sector
20182025
Total assets
€23,401
▼ 49.0% 2025
lowest quarter of the sector
20182025
Debt
€88,493
▼ 14.5% 2025
20182025
Working capital
-€66,009
▼ 0.7% 2025
lowest quarter of the sector
20182025
Solvency
-278.2%
▼ 152.7pp 2025
lowest quarter of the sector
20182025
Current ratio
0.25
▼ 0.11 2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-31.9%
▼ 3.9pp 2025
lowest quarter of the sector
20182025
Staff (FTE)
0
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€16,353--€3,821€7,018-€34,791-€40,152▼ 15.4%-€9,533▲ 76.3%-€5,918▲ 37.9%-€4,311▲ 27.2%
Net result€9,528--€6,414€1,703within the sector's middle half-€38,269below the sector's middle half-€44,836below the sector's middle half▼ 17.2%-€15,518below the sector's middle half▲ 65.4%-€12,871below the sector's middle half▲ 17.1%-€7,471below the sector's middle half▲ 42.0%
Equity€58,586-€52,171▼ 10.9%€53,874within the sector's middle half▲ 3.3%€15,605within the sector's middle half▼ 71.0%-€29,231below the sector's middle half-€44,749below the sector's middle half▼ 53.1%-€57,620below the sector's middle half▼ 28.8%-€65,091below the sector's middle half▼ 13.0%
Total assets€195,066-€151,686▼ 22.2%€138,011within the sector's middle half▼ 9.0%€120,010within the sector's middle half▼ 13.0%€69,232below the sector's middle half▼ 42.3%€58,284below the sector's middle half▼ 15.8%€45,917below the sector's middle half▼ 21.2%€23,401below the sector's middle half▼ 49.0%
Debt€136,480-€99,515▼ 27.1%€84,137▼ 15.5%€104,405▲ 24.1%€98,463▼ 5.7%€103,032▲ 4.6%€103,537▲ 0.5%€88,493▼ 14.5%
Working capital€51,128-€51,003▼ 0.2%€52,650within the sector's middle half▲ 3.2%€26,340within the sector's middle half▼ 50.0%-€32,281below the sector's middle half-€54,118below the sector's middle half▼ 67.6%-€65,554below the sector's middle half▼ 21.1%-€66,009below the sector's middle half▼ 0.7%
Solvency30.0%-34.4%▲ 4.4pp39.0%within the sector's middle half▲ 4.6pp13.0%within the sector's middle half▼ 26.0pp-42.2%below the sector's middle half▼ 55.2pp-76.8%below the sector's middle half▼ 34.6pp-125.5%below the sector's middle half▼ 48.7pp-278.2%below the sector's middle half▼ 152.7pp
Current ratio1.37-1.51▲ 0.141.63within the sector's middle half▲ 0.111.28within the sector's middle half▼ 0.340.61below the sector's middle half▼ 0.670.45below the sector's middle half▼ 0.160.36below the sector's middle half▼ 0.090.25below the sector's middle half▼ 0.11
Return on assets (ROA)4.9%--4.2%▼ 9.1pp1.2%within the sector's middle half▲ 5.5pp-31.9%below the sector's middle half▼ 33.1pp-64.8%below the sector's middle half▼ 32.9pp-26.6%below the sector's middle half▲ 38.1pp-28.0%below the sector's middle half▼ 1.4pp-31.9%below the sector's middle half▼ 3.9pp
Staff (FTE)1.9-2▲ 5.3%2within the sector's middle half=2=0.3▼ 85.0%0.3below the sector's middle half=0below the sector's middle half
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 a loss of €4,311, smaller than the loss of €5,918 in 2024.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,401
Fixed assets €917 ▼ 89.6%
Current assets €22,484 ▼ 39.4%
Equity and liabilities
Equity-€65,091
Debt€88,493
Equity is negative. Debt (€88,493) exceeds the balance-sheet total (€23,401).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,939▼
2024 · -€1,277
Cash flow
-€7,100▲
2024 · -€8,230
Interest coverage
-1.25▼
2024 · -0.18
Debt ≤ 1 year
€88,493▼
2024 · €102,667
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-2023
Employees at the balance-sheet date200
full-time200
part-time000
in full-time equivalents200
Average over the year, in full-time equivalents20.30.3
On a permanent contract200
Joined-00
Left-11

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€345€22,165--€978
Depreciation and write-downs of the year€424€4,754€4,862€4,641€371

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

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€45,917€23,401▼
Fixed assets21/28€8,804€917▼
Tangible fixed assets22/27€8,804€917▼
Furniture and vehicles24€311€917▲
Leasing and similar rights25€8,493€0▼
Current assets29/58€37,113€22,484▼
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€15,916€9,158▼
Trade receivables40€15,916€9,101▼
Other amounts receivable41-€57
Cash at bank and in hand54/58€21,197€13,327▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€45,917€23,401▼
Equity10/15-€57,620-€65,091▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€22,945€22,945=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€16,745€16,745=
Profit (loss) carried forward14-€142,565-€150,037▼
Amounts payable17/49€103,537€88,493▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€102,667€88,493▼
Current portion of amounts payable after more than one year42€4,076€0▼
Financial debts43€50,000€50,000=
Credit institutions430/8€50,000€50,000=
Trade debts44€32,833€24,202▼
Suppliers440/4€32,833€24,202▼
Taxes, remuneration and social security45€1,467€0▼
Taxes450/3€1,467€0▼
Other amounts payable47/48€14,290€14,290=
Accrued charges and deferred income492/3€870€0▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,641€371▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3,046€4,342▲
Non-recurring operating charges66A-€8,493
Gross operating margin9900€1,769€8,896▲
Operating profit (loss)9901-€5,918-€4,311▲
Financial charges65/66B€6,953€3,161▼
Recurring financial charges65€6,953€3,161▼
Profit (loss) for the period before taxes9903-€12,871-€7,471▲
Profit (loss) for the period9904-€12,871-€7,471▲
Profit (loss) for the period to be appropriated9905-€12,871-€7,471▲
Appropriation of the result
Profit (loss) to be appropriated9906-€142,565-€150,037▼
Profit (loss) brought forward from the previous period14P-€129,694-€142,565▼
Social balance sheet
Average headcount (FTE)9087-0.0

The notes to these accounts have 8 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 28-09-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€99,067€63,954€14,283€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,554€6,290€1,121€424€4,754€4,862€4,641€371▼ 92.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€2,020€0-€2,279€0--
Other operating charges640/8---€2,536€1,331€3,007€3,046€4,342▲ 42.6%
Non-recurring operating charges66A-------€8,493-
Gross operating margin9900€100,808€112,855€90,300€69,256€29,887€10,340€1,769€8,896▲ 403%
Operating profit (loss)9901€16,353-€3,821€7,018-€34,791-€40,152-€9,533-€5,918-€4,311▲ 27.2%
Financial income75/76B---€224€0€0---
Recurring financial income75€28€355€5€224€0€0---
Financial charges65/66B---€3,703€4,683€5,984€6,953€3,161▼ 54.5%
Recurring financial charges65€4,437€2,666€3,531€3,703€4,683€5,984€6,953€3,161▼ 54.5%
Profit (loss) for the period before taxes9903€11,943-€6,132€3,492-€38,269-€44,836-€15,518-€12,871-€7,471▲ 42.0%
Income taxes67/77€2,415€282€1,789€0-----
Profit (loss) for the period9904€9,528-€6,414€1,703-€38,269-€44,836-€15,518-€12,871-€7,471▲ 42.0%
Profit (loss) for the period to be appropriated9905€9,528-€6,414€1,703-€38,269-€44,836-€15,518-€12,871-€7,471▲ 42.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€195,066€151,686€138,011€120,010€69,232€58,284€45,917€23,401▼ 49.0%
Fixed assets21/28€7,458€1,168€1,224€1,146€18,557€13,445€8,804€917▼ 89.6%
Intangible fixed assets21€1,662€831€0------
Tangible fixed assets22/27€5,546€87€974€896€18,307€13,445€8,804€917▼ 89.6%
Furniture and vehicles24---€896€1,321€706€311€917▲ 195%
Leasing and similar rights25----€16,985€12,739€8,493€0▼ 100%
Financial fixed assets28€250€250€250€250€250€0---
Current assets29/58€187,608€150,518€136,788€118,865€50,675€44,838€37,113€22,484▼ 39.4%
Stocks and contracts in progress3€5,393€1,782€6,812€54,832€15,890€11,659€0--
Stocks30/36---€4,231€4,231€0---
Contracts in progress37---€50,601€11,659€11,659€0--
Amounts receivable within one year40/41€170,296€108,326€68,556€54,248€29,719€16,410€15,916€9,158▼ 42.5%
Trade receivables40---€39,154€23,003€16,410€15,916€9,101▼ 42.8%
Other amounts receivable41---€15,094€6,716€0-€57-
Cash at bank and in hand54/58€9,642€6,803€5,418€9,029€5,066€15,786€21,197€13,327▼ 37.1%
Deferred charges and accrued income490/1---€756€0€983€0--
Equity and liabilities
Total equity and liabilities10/49€195,066€151,686€138,011€120,010€69,232€58,284€45,917€23,401▼ 49.0%
Equity10/15€58,586€52,171€53,874€15,605-€29,231-€44,749-€57,620-€65,091▼ 13.0%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€22,945€22,945€22,945€22,945€22,945€22,945€22,945€22,945=
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200€6,200=
Tax-exempt reserves132---€16,745€16,745€16,745€16,745€16,745=
Profit (loss) carried forward14-€26,360-€32,774-€31,071-€69,340-€114,176-€129,694-€142,565-€150,037▼ 5.2%
Amounts payable17/49€136,480€99,515€84,137€104,405€98,463€103,032€103,537€88,493▼ 14.5%
Amounts payable after more than one year17----€9,442€4,076€0--
Financial debts170/4----€9,442€4,076€0--
Amounts payable within one year42/48€136,480€99,515€84,137€92,525€82,956€98,956€102,667€88,493▼ 13.8%
Current portion of amounts payable after more than one year42----€5,288€5,366€4,076€0▼ 100%
Financial debts43---€0€50,000€50,000€50,000€50,000=
Credit institutions430/8---€0€50,000€50,000€50,000€50,000=
Trade debts44€68,714€34,024€29,326€24,886€11,098€28,678€32,833€24,202▼ 26.3%
Suppliers440/4---€24,886€11,098€28,678€32,833€24,202▼ 26.3%
Taxes, remuneration and social security45---€67,639€6,484€732€1,467€0▼ 100%
Taxes450/3---€55,567€0€732€1,467€0▼ 100%
Remuneration and social security454/9---€12,073€6,484€0---
Other amounts payable47/48----€10,086€14,180€14,290€14,290=
Accrued charges and deferred income492/3---€11,880€6,065€0€870€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,528-€6,414€1,703-€38,269-€44,836-€15,518-€12,871-€7,471▲ 42.0%
+ Depreciation and write-downs630€6,554€6,290€1,121€424€4,754€4,862€4,641€371▼ 92.0%
Operating cash flow (approximation)€16,082-€124€2,824-€37,846-€40,082-€10,656-€8,230-€7,100▲ 13.7%
Investment in fixed assets (approximation)-€0-€1,177-€345-€22,165€250€0€7,515-
Change in cash--€2,839-€1,385€3,612-€3,963€10,720€5,411-€7,870-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 6,619 companies had the same profile as STEMA has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
84.5% was still going
10.0% stopped otherwise
4.5% went bankrupt

Another 1.0% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of STEMA itself is lower: 0.8% within 12 months. It rests on far more data about STEMA than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,619 companies, not a prediction for STEMA. 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 39 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 28-09-2026 2026-00526312 PDF
31-12-2024 micro format 25-07-2025 2025-00315317 PDF
31-12-2023 abbreviated format 12-09-2024 2024-00459807 PDF
31-12-2023 micro format 29-08-2024 2024-00390193 PDF
31-12-2022 micro format 09-10-2023 2023-00477187 PDF
31-12-2021 micro format 19-08-2022 2022-20296490 PDF
31-12-2020 micro format 16-07-2021 2021-36400366 PDF
31-12-2019 micro format 27-10-2020 2020-63900049 PDF
31-12-2018 micro format 28-08-2019 2019-53200075 PDF
31-12-2017 abbreviated format 19-07-2018 2018-35300167 PDF

Show all 39 filings

Board & ownership

Directors

Directors
3 directors
Bauwens Consulting & Partners BV
Director · Legal entity · listed in the 2025 annual accounts, filed on 28-09-2026
Current
Bauwens Johan
Director · listed in the 2025 annual accounts, filed on 28-09-2026
Current
Braet Veronique
Director · listed in the 2025 annual accounts, filed on 28-09-2026
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. BAUWENS CONSULTING & PARTNERS 99.6%
  2. STEMA

Owners 1

Mandate history

3 people, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Bauwens Consulting & Partners BV
  • Director, since before 31-12-2025
Bauwens Johan
  • Director, since before 31-12-2025
Braet Veronique
  • Director, since before 31-12-2025
See the board, name and registered office on a given date →

Network & group

Companies at the same address

13 other companies

Connections & network

3 current directors
Depth

The network starts from the directors of STEMA. 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: 31-07-2027
2026
28-09
NBB filing Annual accounts 2025 filedNBB
full format · 59 days late
2025
25-07
NBB filing Annual accounts 2024 filedPDF
micro format · 6 days before the deadline
2024
12-09
NBB filing Annual accounts 2023 filedNBB
abbreviated format
29-08
NBB filing Annual accounts 2023 filedPDF
micro format · 29 days late
2023
09-10
NBB filing Annual accounts 2022 filedPDF
micro format · 70 days late
2022
31-12
Financial Weakest financial yearnet -€44,836
The net result drops to -€44,836, the lowest from 2018 to 2025. It recovers the following year.
19-08
NBB filing Annual accounts 2021 filedPDF
micro format · 19 days late
2021
16-07
NBB filing Annual accounts 2020 filedPDF
micro format · 15 days before the deadline
2020
31-12
Financial Back to profitnet €1,703
The net result is €1,703, after one loss-making year.
27-10
NBB filing Annual accounts 2019 filedPDF
micro format · 88 days late
2019
28-08
NBB filing Annual accounts 2018 filedPDF
micro format · 28 days late
2018
19-07
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 12 days before the deadline
1988
22-03
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

On 9 March 1988, STEMA was incorporated.1 Total assets went from €195,066 in 2018 to €23,401 in 2025 and headcount from 1.9 full-time equivalents in 2018 to 0.3 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2023 and 2025

Company details

Register details

Identity

KBO record
Name STEMA in Dutch
Enterprise number 0433.462.316
Legal form Public limited company
Status Active, normale toestand
Founded 09-03-1988
Entity type Legal entity

Registered office and establishments

Registered office Chaussée de Wavre 362, 1390 Grez-Doiceau, Belgium
Establishment unit Chaussée de Wavre 362, 1390 Grez-Doiceau since 11-03-1988 · unit number 2.035.704.554

Activities

NACEBEL 2025
46620 Wholesale of machine tools main activity
47621 Retail sale of newspapers and periodicals
Codes under NACEBEL 2008
46620 Wholesale of machine tools main activity
47620 Retail trade
Codes under NACEBEL 2003
51810 main activity
52470
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2023

Invoicing and payment

VAT number BE 0433.462.316
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0433462316
Registered 17-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

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

Buildings and parcels at the address

Ground area
6,489 m²
Building footprint
1,210 m²
Building volume
10,697 m³
Cadastral parcel Region Area Buildings Height / floors
25037F0070/00F000 Wallonia 6,489 m² 1 · 1,210 m² 11.9 m · 3