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STEMAX

Active Public limited companyfounded 1996active for 30 yearsRue des Combattants 94, 1310 La HulpeKBO/BCE: BE 0458.386.366 #7 oldest company in La Hulpe, Telecoms and IT sector
STEMAX
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Overview

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €45,630 (2025)
€45,630▲ 157%
lowest -€25,406 (2006)
€20,241▲ 19×
peak €81,750 (2025)
€81,750▲ 32.9%
€115,449▲ 0.3%
peak 1 FTE (2006)
-not published
Board6 names since 2017
5 directorsCindy Lise Verbeure and 4 others
Documentsfilings and deeds
21-07-202610 days before the deadline
2025abbreviated format
Gross margin from €17,786 to €45,630Result from €1,093 to €20,241Equity from €61,509 to €81,750Cash from €11,478 to €33,485

Key points

from the 2025 annual accounts

Equity

€81,750 ▲ 32.9%

STEMAX has made a profit without a break since 2021.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 49% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

66+6equity 41.5% of total assets
61+12short-term debt 26.0% · cash 17.0%
82+29return on assets 10.3%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €197,200
Liquidity: current ratio 1.78, cash €33,485
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 62, micro). It does better than 37% of them on solvency, 44% on liquidity, 42% on profitability and 73% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as STEMAX has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of STEMAX itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 31,368 companies, not a prediction for STEMAX. 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.

Credit verdict

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.78 (1.39 in 2024), above the usual 1.5. Short-term debt is 26% and cash 17% of total assets. However, 58.5% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €197,200
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.78, cash €33,485
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 days early
2024
31 days late
2023
15 days late
2022
24 days late
2021
22 days late
2020
31 days late
2019
62 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 25 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 22 August (4 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
10-11-2026 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

XL
Xavier Lenczner
Managing director
CL
Cindy Lise Verbeure
Director
FH
Françoise Haegeman
Director
VL
Véronique Lenczner
Director
NL
Nicolas Lenczner
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458386366
1 director appointed, 4 reappointments Reappointments: Xavier Lenczner, Cindy Lise Verbeure, Véronique Lenczner and Françoise Haegeman · Appointment: Nicolas Lenczner (director) · Gazette deed
4 directors reappointed Xavier Lenczner (managing director), Françoise Haegeman, Véronique Lenczner and Cindy Verbeure · Director discharge: Xavier Lenczner (managing director) · General meeting of 17-05-2017 · Gazette deed
First establishment Rue des Combattants 94, La Hulpe
All 39 events

Comparable companies

same main activity, similar in size and age
Company
STEMAX La Hulpe €197,200 €45,630 41.5% -
ALISCE INFORMATIQUE Nivelles €229,978 €43,388 90.2% -
DOUBLE YOU Turnhout €182,876 €46,318 74.9% -
K - Consulting Genk €192,923 €45,769 87.1% -
BUYTAERT Keerbergen €181,377 €51,480 76.8% -
SMALL BUSINESS INFORMATION TECHNOLOGY Leuven €208,386 €40,743 60.9% -
DME PARTNER Nazareth €229,663 €44,239 81.7% -

These companies have the same main activity as STEMAX: computer programming (NACE 62100). They are comparable in size and age: total assets between €181,000 and €230,000, founded between 1994 and 1999.

Official details

Source: KBO
Status
Active since 13-06-1996Normal situation
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.077.459.3911310 La Hulpe, since 23-07-1996
Financial year end
31 December
Peppol
Reachable since 01-06-2026
Company details

Annual accounts 2025

€45,630▲ 157%
€20,241▲ 19×
€81,750▲ 32.9%
€197,200▲ 11.6%
Filing
Filed on 21-07-2026, 10 days before the end of the filing period
Financials

Insights on STEMAX

STEMAX files the abbreviated format. That format states no turnover. The gross margin rose from €22,397 in 2006 to €45,630 in 2025.

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

Financials

Annual accounts 2025

abbreviated format, filed on 21-07-2026, 10 days before the deadline
€45,630
▲ 157%
€36,081
▲ 376%
€44,519
▲ 165%
€28,679
▲ 178%
41.5%
▲ 6.6 percentage points
1.78
▲ 0.39

Turnover 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 ≈ €150,000. Estimated: probably between €110,000 and €220,000.

In the rankings #7 oldest company in La Hulpe, Telecoms and IT sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €197,200 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

41.5%

Higher than 46% of 3,406 companies in 2025.

1.78

Higher than 48% of 3,267 companies in 2025.

10.3%

Higher than 57% of 3,315 companies in 2025.

STEMAX Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

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 Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 197,200176,670176,269169,774177,736169,882172,365157,482172,298207,510189,057167,151158,708154,592157,882153,608157,868147,110161,574163,540
21/28 105,781114,219116,82688,40678,44485,50392,56196,799106,009112,959111,14163,89663,89667,00268,74161,67161,45461,33066,12668,047
22/27 18,45126,88936,1307,71010,04817,10724,16628,40337,61449,06447,245--3,1066,3455,2755,0584,9349,73011,651
23 5,6488,06710,4875,0573,8367,33610,83614,33619,02024,87632,126--1,2792,6915,2755,0584,9347,9914,038
24 5,4238,38111,339----------1,8273,654---1,7397,613
26 7,38010,44114,3052,6546,2129,77113,33014,06718,59324,18815,119---------
28 87,33087,33080,69680,69668,39668,39668,39668,39668,39663,89663,89663,89663,89663,89662,39656,39656,39656,39656,39656,396
29/58 91,41962,45159,44281,36899,29184,37979,80460,68366,28994,55077,917103,25594,81287,59089,14191,93796,41485,78095,44995,492
3 26,53722,71320,84618,55618,39517,82022,47816,13519,38424,67618,83410,7207,6558,8227,68312,59410,77211,44013,4459,105
30/36 26,53722,71320,84618,55618,39517,82022,47816,13519,38424,67618,83410,7207,6558,8227,68312,59410,77211,44013,4459,105
40/41 22,62518,71615,02122,27228,72619,87724,43027,13236,77237,67529,46233,27523,78424,43031,54812,18517,2788,65020,25613,864
40 22,50118,71615,02122,27224,30019,87723,75327,13236,77235,02529,16530,58821,03123,87318,9037,83517,2788,53817,84911,192
41 124--04,426-677--2,6512972,6872,75355712,6454,350-1132,4072,671
50/53 ---------26,34726,34726,34726,34710,00010,00010,00028,12428,12428,12428,124
54/58 33,48511,47814,19231,66842,43036,86622,86914,7581,9745,2093,27432,91436,06644,33939,91057,15840,24037,56633,62444,400
490/1 8,7719,5459,3848,8729,7419,81610,0262,6588,158644--960-------
Balance sheet: equity and liabilities
10/49 197,200176,670176,269169,774177,736169,882172,365157,482172,298207,510189,057167,151158,708154,592157,882153,608157,868147,110161,574163,540
10/15 81,75061,50960,41755,41355,29052,73060,89061,57763,48464,90964,16969,50164,42864,84163,18459,01448,02639,28232,38340,848
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
10 61,97361,97361,97361,97361,973---------------
100 61,97361,97361,97361,97361,973-61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
11 -----61,973--------------
1109/19 -----61,973--------------
13 19,500---07,4067,4067,4067,4067,4068,5618,5617,4067,4067,4067,4067,4067,4067,4067,406
132 ----07,4067,4067,4067,4067,4068,5618,5617,4067,4067,4067,4067,4067,4067,4067,406
133 19,500-------------------
14 277-464-1,557-6,560-6,683-16,650-8,489-7,802-5,895-4,470-6,366-1,034-4,951-4,539-6,195-10,365-21,353-30,097-36,997-28,531
16 ----------595595--------
168 ----------595595--------
17/49 115,449115,161115,852114,361122,446117,152111,47595,905108,814142,600124,29497,05694,28089,75194,69894,594109,841107,827129,192122,692
17 64,15666,86969,54261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17260,39760,39760,39760,39760,397
170/4 64,15666,86969,54261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17261,17260,39760,39760,39760,39760,397
42/48 51,29344,80542,82346,90358,04649,86347,24534,73347,64281,42863,12235,88433,10828,57933,52634,19644,55042,53663,90057,400
42 2,7132,6732,634-----------------
44 15,46316,51613,42317,11431,41025,79820,79714,51024,07527,78822,21519,05217,19710,26119,26322,12611,98221,42226,93415,584
440/4 15,46316,51613,42317,11431,41025,79820,79714,51024,07527,78822,21519,05217,19710,26119,26322,12611,98221,42226,93415,584
45 15,1646,7588,5197,0802,9124,6936,5154,4466,7035,7063,4264,7353313,200629522,8959,5108,2457,771
450/3 15,1646,7588,5197,0802,9124,6936,5154,4466,7035,7063,4264,7353313,200629522,8952,6612,7981,538
454/9 -----------------6,8495,4476,233
47/48 17,95318,85918,24822,70823,72419,37219,93215,77816,86447,93537,48012,09715,58015,11814,20111,11829,67411,60428,72234,046
492/3 03,4873,4876,2863,2276,1173,059---------4,8944,8944,8944,894
Income statement
70 -------------143,046------
76A -----------1,750-4132,500-----
9900 45,63017,78623,31314,85516,6273,86414,15410,89518,86825,19614,24016,76013,11818,7739,92521,43934,74942,71632,20922,397
60/61 -------------126,732------
62 --------90-------18,95626,46322,76135,493
630 8,4389,2428,7717,3387,0597,0597,4639,21011,45017,19013,5313,0063,1063,2394,4113,1171,7844,7968,93211,028
631/4 ---------------983----3,302
640/8 1,1119701,3281,6441,1081,0582,5111,0279451,0119531,0467321,1771,284899832479476474
9901 36,0817,57413,2145,8738,461-4,2534,1816576,3826,995-24412,7099,28014,3574,23016,43913,17810,97940-21,296
75/76B 83352537119011,6534850541,1441,2317941,0483,176561671750749
75 8335253711104850541,1441,2317941,0483,176561671750749
76B ------9001,653------------
65/66B 4,2734,2364,2003,3854,2413,5703,6733,2646,3385,4425,1365,2355,3175,3773,8714,8664,9134,8624,8654,877
65 4,2734,2364,2003,3854,2413,5703,6733,2646,3385,4425,1365,2355,3175,3773,8714,8664,9134,8624,8654,877
9903 31,8903,3739,0392,5264,221-7,8221,409-9545291,553-5,32610,3685,19410,1863,90814,7498,8266,787-4,075-25,424
67/77 11,6492,2804,0352,4021,6613382,0969541,9551,40764,7015,6074,529-2623,76182-1135-18
9904 20,2411,0935,0031232,560-8,160-687-1,907-1,425741-5,3325,072-4135,6574,17010,9888,7446,900-4,080-25,406
789 ---07,406----1,155----------
689 -----------1,155--------
9905 20,2411,0935,0031239,966-8,160-687-1,907-1,4251,896-5,3323,917-4135,6574,17010,9888,7446,900-4,080-25,406
Appropriation of the result
9906 19,777-464-1,557-6,560-6,683-16,650-8,489-7,802-5,895-4,470-6,366-1,034-4,951-539-6,195-10,365-21,353-30,097-36,997-28,531
14P -464-1,557-6,560-6,683-16,650---------------
691/2 19,500-------------------
6921 19,500-------------------
694/7 -------------4,000------
695 -------------4,000------
Social balance sheet
9087 ----------------0.30.50.51
Hours worked1013 ----------------5601,4501,3001,350
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 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 21-07-2026.

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 abbreviated format 21-07-2026 2026-00322669 PDF
31-12-2024 micro format 31-08-2025 2025-00483983 PDF
31-12-2023 micro format 15-08-2024 2024-00351194 PDF
31-12-2022 micro format 24-08-2023 2023-00349771 PDF
31-12-2021 micro format 22-08-2022 2022-20365680 PDF
31-12-2020 micro format 31-08-2021 2021-62700529 PDF
31-12-2019 micro format 01-10-2020 2020-58500590 PDF
31-12-2018 micro format 27-08-2019 2019-52500323 PDF
31-12-2017 micro format 31-08-2018 2018-58900505 PDF
31-12-2016 micro format 10-08-2017 2017-43400243 PDF
31-12-2015 full format 24-08-2016 2016-49800209 PDF
31-12-2014 full format 25-08-2015 2015-49100152 PDF
31-12-2013 full format 31-07-2014 2014-38700266 PDF
31-12-2012 full format 30-08-2013 2013-55600124 PDF
31-12-2011 full format 31-08-2012 2012-54400438 PDF
31-12-2010 full format 10-08-2011 2011-38700052 PDF
31-12-2009 full format 09-08-2010 2010-39900316 PDF
31-12-2008 full format 11-08-2009 2009-55600012 PDF
31-12-2007 full format 08-08-2008 2008-54300275 PDF
31-12-2006 full format 27-07-2007 2007-46500329 PDF
31-12-2005 full format 31-07-2006 2006-58200316 PDF
31-12-2004 full format 19-07-2005 2005-51603989 PDF
31-12-2003 full format 28-07-2004 2004-52501515 PDF
31-12-2002 full format 22-07-2003 2003-48402288 PDF
31-12-2001 full format 05-09-2002 2002-53602757 PDF
31-12-2000 full format 10-10-2001 2001-63204601 PDF
31-12-1999 full format 27-07-2000 2000-46600827 PDF
31-12-1998 full format 12-10-1999 1999-52703254 PDF
31-12-1997 full format 16-10-1998 1998-53500784 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
44,51916,81621,98513,21115,5192,80611,6439,86817,83224,18513,28715,71412,38617,5968,64119,55614,96115,7748,972-10,268
28,67910,33413,7747,4619,619-1,1026,7767,30310,02517,9318,1998,0782,6948,8968,58014,10610,52711,6964,852-14,378
06,63422,40117,300003,22504,50019,00960,7763,00601,50011,4813,3341,90807,0106,057
22,007-2,714-17,476-10,7625,56313,9988,11012,784-3,2351,935-29,640-3,152-8,2724,428-17,24816,9192,6743,942-10,776-
40,12617,64616,61934,46541,24534,51632,55925,95018,64713,12214,79567,37261,70459,01155,61557,74151,86343,24431,54838,092
-------------10.0%------
41.5%34.8%34.3%32.6%31.1%31.0%35.3%39.1%36.8%31.3%33.9%41.6%40.6%41.9%40.0%38.4%30.4%26.7%20.0%25.0%
1.781.391.391.731.711.691.691.751.391.161.232.882.863.062.662.692.162.021.491.66
1.260.890.901.341.391.331.211.280.980.860.942.582.632.762.432.321.921.751.281.50
1.411.871.922.062.212.221.831.561.712.201.941.401.461.381.501.602.292.743.993.00
24.8%1.8%8.3%0.2%4.6%-15.5%-1.1%-3.1%-2.2%1.1%-8.3%7.3%-0.6%8.7%6.6%18.6%18.2%17.6%-12.6%-62.2%
10.3%0.6%2.8%0.1%1.4%-4.8%-0.4%-1.2%-0.8%0.4%-2.8%3.0%-0.3%3.7%2.6%7.2%5.5%4.7%-2.5%-15.5%
10.423.975.233.903.66---------------
-------------61 days------
-------------30 days------

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
Item20252024202320222021
Tangible fixed assets--€22,401€5,000-
Financial fixed assets€0€6,634-€12,300-
€8,438€9,242€8,771€7,338€7,059

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

Insights on STEMAX

The operating result for 2025 is nearly 4.8 times that of 2024 and the highest since 2006. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 65.2% to 58.5%. Equity and debt are higher.

Board & ownership

Board

5 directors, 1 in day-to-day management, last change in 2025
Xavier Lenczner
Director (not named in the articles) and managing director
director (not named in the articles) since 17-05-2017 managing director in office according to the deed of 06-01-2026 6-year term from 2023
listed in the 2025 annual accounts, filed on 21-07-2026
Cindy Lise Verbeure
Director (not named in the articles)
in office according to the deed of 06-01-2026 6-year term from 2023
Françoise Haegeman
Director (not named in the articles)
in office according to the deed of 06-01-2026 6-year term from 2023
Véronique Lenczner
Director (not named in the articles)
in office according to the deed of 06-01-2026 6-year term from 2023
Nicolas Lenczner
Director (not named in the articles)
appointed by deed of 06-01-2026 term without a fixed end
Xavier Lenczner

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
Cindy Lise Verbeure
Director (not named in the articles)
Françoise Haegeman
Director
Véronique Lenczner
Director
Xavier Lenczner
Director, Managing director
Nicolas Lenczner
Director (not named in the articles)
Cindy Verbeure
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Cindy Lise Verbeure
    • Director (not named in the articles), from 17-05-2017 to date
  • Françoise Haegeman
    • Director, from 17-05-2017 to date
  • Véronique Lenczner
    • Director, from 17-05-2017 to date
  • Xavier Lenczner
    • Director, from 17-05-2017 to date
    • Managing director, since before 12-01-2018
  • Nicolas Lenczner
    • Director (not named in the articles), appointed by deed of 06-01-2026, still in office
  • Cindy Verbeure
    • Director, from 17-05-2017, no longer listed in the 2025 annual accounts

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

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€61,973.38
Source
2025 annual accounts

Network & group

Holdings

own 2011 accounts, the bar shows equity in euros
This companySTEMAX1 holding, 1 country 2011 accounts

Belgium 1 Equity Result

  • BE Tocom €18,312 result €254

Source: list of holdings in its own 2011 accounts. Every holding stands with its own latest accounts.

At the same address

Rue des Combattants 94, 1310 La Hulpe · 3 other companies
FASHION CORNER BY JC
establishment since 01-03-2012 · founded in 2012
 total assets €136,500 (2026)
0842.860.516
TOCOM
registered office since 29-10-1993 · founded in 1993
 total assets €18,335 (2025)
0451.295.468
Maiorano Mena, Michele (sole trader)
establishment since 21-10-2024
 founded in 2024
1015.322.160

Holdings through the years

2006 to 2011
Holdings through the years
Name200620072008200920102011
TOCOM 100%

Source: list of holdings in its own accounts

Timeline

Timeline

39 events since 1996

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 10 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0458386366
1 director appointed, 4 reappointmentsReappointments: Xavier Lenczner, Cindy Lise Verbeure, Véronique Lenczner and Françoise Haegeman · Appointment: Nicolas Lenczner (director)7 points ▸

Open the deed in the Belgian Official Gazette

2025
Highest result from 2006 to 2025 net €20,241 ▲1,752% The operating result of €36,081 and the net result of €20,241 are both a record.
Annual accounts 2024 filed PDFmicro format · 31 days late
2024
Annual accounts 2023 filed PDFmicro format · 15 days late
2023
Annual accounts 2022 filed PDFmicro format · 24 days late
2022
Annual accounts 2021 filed PDFmicro format · 22 days late
2021
Back to profit net €2,560 The net result is €2,560, after 4 loss-making years.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 62 days late
2019
Annual accounts 2018 filed PDFmicro format · 27 days late
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
4 directors reappointedXavier Lenczner (managing director), Françoise Haegeman, Véronique Lenczner and Cindy Verbeure · Director discharge: Xavier Lenczner (managing director) · General meeting of 17-05-20177 points ▸

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFmicro format · 10 days late
2016
Back to profit net €741 The net result is €741, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 24 days late
2015
Annual accounts 2014 filed PDFfull format · 25 days late
2014
Back to profit net €5,072 The net result is €5,072, after one loss-making year.
Annual accounts 2013 filed PDFfull format · on the deadline day
2013
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Annual accounts 2011 filed PDFfull format · 31 days late
2011
Annual accounts 2010 filed PDFfull format · 10 days late
2010
Annual accounts 2009 filed PDFfull format · 9 days late
2009
Annual accounts 2008 filed PDFfull format · 11 days late
2008
Back to profit net €6,900 The net result is €6,900, after 2 loss-making years.
Annual accounts 2007 filed PDFfull format · 8 days late
2007
Annual accounts 2006 filed PDFfull format · 4 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1996
First establishment Rue des Combattants 94, La Hulpe
Incorporation published on 27-07-1996

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

STEMAX was incorporated on 13 June 1996.1 Total assets rose from €157,482 in 2018 to €197,200 in 2025.2

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

Company details

Identity

Enterprise number
0458.386.366
VAT number
BE 0458.386.366
Peppol ID
0208:0458386366
Other Peppol ID
9925:BE0458386366
Legal form
Public limited company
Status
Active, normal situation
Founded
13-06-1996
Financial year
ends on 31 December
Peppol
Reachable since 01-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
STEMAX in French
Entity type
Legal entity

Activities

NACEBEL 2025
62100 Computer programming main activity
73200 Market research and public opinion polling
82990 Other business support services
95100 Repair and maintenance of computers and communication equipment
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
73200 Advertising, market research and public relations activities
82990 Other business support services
95110 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Codes under NACEBEL 2003
72220 main activity
72500
74131
74879

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue des Combattants 94 registered office 1310 La Hulpe 46500 Wholesale of information and communication equipment 23-07-1996 2.077.459.391

Buildings and parcels at the address

Ground area
156 m²
Buildings
62 m²
Volume, LiDAR
631 m³
Tallest building
11.5 m
Buildings to scale, each on its own parcel
62 m², 11.5 m 62 m², 11.5 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
25050B0403/00K002156 m² 1 · 62 m² 11.5 m · 3

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