Sterdal
Annual accounts 2025
micro format, filed on 12-06-2026, 49 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €540,000. Estimated: probably between €380,000 and €790,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €156,970 on 31-12-2025in euro
in euro
Position in the sector
21.8%
Higher than 24% of 1,351 companies in 2025.
0.85
Higher than 17% of 1,306 companies in 2025.
19.8%
Higher than 72% of 1,309 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€55,347
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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
156,970 | 210,792 | 129,992 | 101,584 | 121,093 | 103,706 | 135,567 | 163,907 | 106,690 | 83,191 | 48,356 | 45,452 | 40,063 | 48,751 | 68,849 | 40,654 | 78,847 | 86,217 | |
21/28 |
107,419 | 151,110 | 87,693 | 17,373 | 37,045 | 64,387 | 72,771 | 99,724 | 41,283 | 13,688 | 248 | 780 | 2,175 | 5,349 | 13,091 | 26,073 | 35,943 | 40,210 | |
22/27 |
107,419 | 151,110 | 87,693 | 17,373 | 37,045 | 64,387 | 72,771 | 99,724 | 41,283 | 13,688 | 248 | 780 | 2,175 | 5,349 | 13,091 | 26,073 | 35,943 | 39,360 | |
23 |
6,525 | 3,029 | 4,041 | 5,629 | 3,781 | 3,915 | 6,106 | 8,297 | 7,803 | 7,688 | 248 | 780 | 2,175 | 4,621 | 7,998 | 16,573 | 22,038 | 21,035 | |
24 |
1,241 | 551 | 17,912 | 956 | 1,445 | - | - | - | 3,000 | 6,000 | - | - | - | 728 | 5,093 | 9,500 | 13,905 | 18,325 | |
25 |
99,652 | 147,529 | 65,741 | 10,788 | 31,820 | 60,471 | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 850 | |
29/58 |
49,551 | 59,682 | 42,299 | 84,212 | 84,048 | 39,319 | 62,796 | 64,183 | 65,407 | 69,502 | 48,108 | 44,671 | 37,888 | 43,402 | 55,757 | 14,582 | 42,904 | 46,007 | |
3 |
- | - | - | - | - | - | 24,500 | - | - | - | 10,115 | - | - | 9,500 | 10,030 | - | 15,000 | - | |
37 |
- | - | - | - | - | - | 24,500 | - | - | - | 10,115 | - | - | 9,500 | 10,030 | - | 15,000 | - | |
40/41 |
46,765 | 28,097 | 42,299 | 84,212 | 54,640 | 30,106 | 30,303 | 48,839 | 42,957 | 68,808 | 37,993 | 36,344 | 30,916 | 22,971 | 44,681 | 12,986 | 26,803 | 40,215 | |
40 |
29,536 | 20,501 | 33,484 | 82,725 | 51,769 | 28,461 | 28,566 | 46,087 | 40,402 | 61,646 | 35,837 | 34,714 | 29,396 | 21,367 | 42,276 | 11,117 | 22,120 | 33,679 | |
41 |
17,229 | 7,596 | 8,815 | 1,487 | 2,871 | 1,645 | 1,738 | 2,752 | 2,555 | 7,162 | 2,156 | 1,630 | 1,520 | 1,604 | 2,405 | 1,869 | 4,683 | 6,536 | |
54/58 |
2,786 | 30,207 | - | - | 29,408 | 9,214 | 7,993 | 15,344 | 22,449 | - | - | 3,020 | 1,976 | 10,473 | - | 868 | - | 5,066 | |
490/1 |
- | 1,378 | - | - | - | - | - | - | - | 694 | - | 5,308 | 4,997 | 459 | 1,046 | 728 | 1,101 | 726 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
156,970 | 210,792 | 129,992 | 101,584 | 121,093 | 103,706 | 135,567 | 163,907 | 106,690 | 83,191 | 48,356 | 45,452 | 40,063 | 48,751 | 68,849 | 40,654 | 78,847 | 86,217 | |
10/15 |
34,224 | 45,618 | 33,892 | 19,249 | 32,262 | 20,169 | 43,782 | 42,522 | 41,937 | 27,839 | 16,333 | 21,725 | 16,371 | 37,306 | 35,989 | 19,082 | 31,486 | 37,687 | |
10/11 |
- | 6,739 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
100 |
- | - | - | - | - | - | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
13 |
33,250 | 20,000 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,306 | 7,687 | 7,687 | 7,687 | 7,687 | |
130/1 |
- | - | - | 3,000 | 3,000 | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
1311 |
- | - | - | 3,000 | 3,000 | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
33,250 | 20,000 | 7,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,306 | 4,687 | 4,687 | 4,687 | 4,687 | |
14 |
974 | 18,879 | -3,415 | -18,057 | -5,045 | -17,137 | 6,475 | 5,215 | 4,631 | -9,467 | -20,973 | -15,581 | -20,935 | - | -1,697 | -18,604 | -6,201 | - | |
17/49 |
122,746 | 165,175 | 96,100 | 82,335 | 88,831 | 83,537 | 91,786 | 121,385 | 64,752 | 55,352 | 32,023 | 23,726 | 23,692 | 11,445 | 32,860 | 21,572 | 47,361 | 48,530 | |
17 |
64,111 | 91,483 | 41,869 | - | 14,341 | 35,813 | 45,372 | 67,869 | 24,590 | 776 | - | - | - | - | 1,664 | 6,464 | 18,337 | 29,597 | |
170/4 |
64,111 | 91,483 | 41,869 | - | 14,341 | 35,813 | 45,372 | 67,869 | 24,590 | 776 | - | - | - | - | 1,664 | 6,464 | 18,337 | 29,597 | |
42/48 |
58,635 | 73,692 | 54,231 | 82,335 | 74,491 | 47,724 | 46,414 | 53,516 | 40,163 | 54,575 | 32,023 | 22,599 | 22,565 | 10,318 | 30,072 | 13,989 | 27,909 | 17,816 | |
42 |
35,437 | 41,881 | 9,300 | 14,341 | 19,634 | 27,779 | 22,497 | 22,184 | 9,950 | 4,657 | - | - | - | 1,251 | 4,800 | 11,873 | 11,260 | 10,679 | |
43 |
- | - | 11,419 | 5,326 | - | - | - | - | - | 1,406 | 5,579 | - | - | - | 8,125 | - | 13,207 | - | |
430/8 |
- | - | 11,419 | 5,326 | - | - | - | - | - | 1,406 | 5,579 | - | - | - | 8,125 | - | 13,207 | - | |
44 |
9,617 | 28,688 | 15,814 | 44,811 | 19,585 | 2,040 | 11,156 | 13,245 | 7,067 | 32,741 | 17,363 | 10,534 | 11,195 | 3,417 | 5,083 | 1,499 | 1,209 | 1,445 | |
440/4 |
9,617 | 28,688 | 15,814 | 44,811 | 19,585 | 2,040 | 11,156 | 13,245 | 7,067 | 32,741 | 17,363 | 10,534 | 11,195 | 3,417 | 5,083 | 1,499 | 1,209 | 1,445 | |
46 |
- | - | - | 7,246 | 7,246 | 967 | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
12,268 | 3,123 | 6,714 | 10,610 | 28,026 | 13,385 | 12,760 | 18,086 | 23,145 | 15,771 | 8,976 | 11,960 | 11,277 | 5,504 | 11,879 | 550 | 2,233 | 5,645 | |
450/3 |
9,095 | 623 | 6,714 | 10,610 | 17,067 | 11,000 | 8,985 | 16,434 | 22,206 | 14,986 | 473 | 2,185 | 947 | 2,613 | 3,268 | 550 | 2,233 | 5,645 | |
454/9 |
3,173 | 2,500 | - | - | 10,959 | 2,385 | 3,775 | 1,652 | 940 | 786 | 8,503 | 9,775 | 10,331 | 2,892 | 8,612 | - | - | - | |
47/48 |
1,313 | - | 10,984 | - | - | 3,554 | - | - | - | - | 105 | 105 | 93 | 146 | 185 | 66 | - | 47 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | 1,127 | 1,127 | 1,127 | 1,123 | 1,119 | 1,115 | 1,117 | |
| Income statement | |||||||||||||||||||
76A |
- | 13,293 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
270,095 | 275,832 | 183,194 | 138,898 | 127,108 | 125,669 | 131,623 | 129,130 | 134,978 | 130,547 | 38,432 | 59,429 | 51,480 | 86,887 | 61,139 | 10,453 | 11,339 | 33,456 | |
62 |
166,041 | 161,061 | 144,760 | 124,352 | 78,039 | 115,807 | 96,880 | 98,393 | 98,294 | 96,732 | 40,990 | 51,486 | 66,242 | 70,110 | 27,901 | - | - | 5,962 | |
630 |
50,109 | 40,201 | 12,400 | 22,761 | 29,990 | 27,835 | 26,953 | 27,641 | 12,380 | 4,634 | 532 | 1,394 | 4,724 | 7,742 | 14,093 | 13,871 | 15,188 | 14,223 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -6,035 | - | 6,035 | - | - | |
640/8 |
4,027 | 8,503 | 2,207 | 2,534 | 1,097 | 2,720 | 1,169 | 1,084 | 2,083 | 1,549 | 648 | 124 | 122 | 12,303 | 115 | 113 | 112 | - | |
9901 |
49,917 | 66,066 | 23,827 | -10,750 | 17,981 | -20,693 | 6,622 | 2,013 | 22,220 | 27,633 | -3,738 | 6,424 | -19,609 | 2,766 | 19,029 | -9,566 | -3,961 | 13,271 | |
75/76B |
0 | 47 | 0 | 61 | - | 4 | 0 | 1,449 | 43 | 24 | 9 | 55 | 11 | 3 | 110 | 3 | 340 | 9 | |
75 |
0 | 47 | 0 | 61 | - | 4 | 0 | 1,449 | 43 | 24 | 9 | 55 | 11 | 3 | 110 | 3 | 340 | 9 | |
65/66B |
7,351 | 7,058 | 2,453 | 1,260 | 1,525 | 1,842 | 3,601 | 1,063 | 941 | 1,801 | 1,313 | 1,126 | 1,337 | 1,238 | 2,232 | 2,841 | 2,579 | 1,631 | |
65 |
7,351 | 7,058 | 2,453 | 1,260 | 1,525 | 1,842 | 3,601 | 1,063 | 941 | 1,801 | 1,313 | 1,126 | 1,337 | 1,238 | 2,232 | 2,841 | 2,579 | 1,631 | |
9903 |
42,567 | 59,056 | 21,375 | -11,949 | 16,456 | -22,531 | 3,021 | 2,398 | 21,322 | 25,856 | -5,042 | 5,354 | -20,935 | 1,531 | 16,907 | -12,403 | -6,200 | 11,649 | |
67/77 |
11,471 | 16,762 | 6,732 | 1,064 | 4,364 | 1,081 | 1,761 | 1,814 | 7,224 | 14,350 | 350 | - | 0 | 214 | - | - | 1 | 3,962 | |
9904 |
31,095 | 42,294 | 14,643 | -13,013 | 12,093 | -23,612 | 1,260 | 584 | 14,098 | 11,506 | -5,392 | 5,354 | -20,935 | 1,317 | 16,907 | -12,403 | -6,201 | 7,687 | |
9905 |
31,095 | 42,294 | 14,643 | -13,013 | 12,093 | -23,612 | 1,260 | 584 | 14,098 | 11,506 | -5,392 | 5,354 | -20,935 | 1,317 | 16,907 | -12,403 | -6,201 | 7,687 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
49,974 | 38,879 | -3,415 | -18,057 | -5,045 | -17,137 | 6,475 | 5,215 | 4,631 | -9,467 | -20,973 | -15,581 | -20,935 | -380 | -1,697 | -18,604 | -6,201 | 7,687 | |
14P |
18,879 | -3,415 | -18,057 | -5,045 | -17,137 | 6,475 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 7,306 | - | - | - | - | - | - | - | - | - | - | - | 380 | - | - | - | - | |
691/2 |
13,250 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,687 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,000 | |
6921 |
13,250 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,687 | |
694/7 |
35,750 | 7,306 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
35,750 | 7,306 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
3 | 3 | 3.1 | 3 | 2.1 | 2.8 | 2.8 | 2.7 | 2.9 | 2.7 | 1 | 1.3 | 2 | 2.1 | 0.8 | - | - | - | |
Hours worked1013 |
4,560 | 4,616 | 4,542 | 4,083 | 2,637 | - | 4,005 | 3,820 | 4,011 | 4,100 | 1,048 | 1,544 | 2,496 | 2,592 | 1,104 | - | - | - | |
| Document | |||||||||||||||||||
The notes to these accounts have 6 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 12-06-2026.
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 | 12-06-2026 | 2026-00155094 | |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00148781 | |
| 31-12-2023 | micro format | 16-06-2024 | 2024-00131964 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00397095 | |
| 31-12-2021 | micro format | 03-02-2023 | 2023-00024521 | |
| 31-12-2020 | micro format | 03-02-2023 | 2023-00024542 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57200596 | |
| 31-12-2018 | micro format | 13-06-2019 | 2019-18400026 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-51400600 | |
| 31-12-2016 | abbreviated format | 04-09-2017 | 2017-59900369 | |
| 31-12-2015 | abbreviated format | 17-06-2016 | 2016-19500550 | |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-22900336 | |
| 31-12-2013 | abbreviated format | 08-07-2014 | 2014-27400507 | |
| 31-12-2012 | abbreviated format | 10-07-2013 | 2013-28200538 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-47900224 | |
| 31-12-2010 | abbreviated format | 17-06-2011 | 2011-16800595 | |
| 31-12-2009 | abbreviated format | 18-06-2010 | 2010-18600538 | |
| 31-12-2008 | abbreviated format | 02-07-2009 | 2009-32800038 |
Subsidies and aid
Flemish government 2022 to 2024, 3 entries, €720 awarded, €720 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €148 | €148 |
| 2023 | 1 | €144 | €144 |
| 2022 | 1 | €428 | €428 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100,026 | 106,267 | 36,227 | 12,011 | 47,971 | 7,142 | 33,574 | 29,654 | 34,600 | 32,267 | -3,206 | 7,819 | -14,884 | 10,508 | 33,122 | 4,305 | 11,227 | 27,494 | ||
| 81,204 | 82,494 | 27,043 | 9,748 | 42,083 | 4,222 | 28,213 | 28,226 | 26,478 | 16,139 | -4,860 | 6,749 | -16,211 | 9,060 | 31,000 | 1,467 | 8,987 | 21,910 | ||
| 6,418 | 120,506 | 82,721 | 3,088 | 2,649 | 22,900 | 0 | 89,082 | 39,975 | 18,074 | -0 | 0 | 1,550 | 0 | 1,112 | 4,000 | 11,771 | 54,433 | ||
| -27,421 | - | - | - | 20,195 | 1,221 | -7,351 | -7,106 | - | - | - | 1,044 | -8,497 | - | - | - | - | - | ||
| -9,084 | -14,010 | -11,933 | 1,876 | 9,557 | -8,405 | 16,382 | 10,667 | 25,244 | 14,927 | 16,085 | 22,072 | 15,324 | 33,084 | 25,685 | 592 | 14,995 | 28,191 | ||
| 21.8% | 21.6% | 26.1% | 18.9% | 26.6% | 19.4% | 32.3% | 25.9% | 39.3% | 33.5% | 33.8% | 47.8% | 40.9% | 76.5% | 52.3% | 46.9% | 39.9% | 43.7% | ||
| 0.85 | 0.81 | 0.78 | 1.02 | 1.13 | 0.82 | 1.35 | 1.20 | 1.63 | 1.27 | 1.50 | 1.98 | 1.68 | 4.21 | 1.85 | 1.04 | 1.54 | 2.58 | ||
| 0.85 | 0.81 | 0.78 | 1.02 | 1.13 | 0.82 | 0.83 | 1.20 | 1.63 | 1.27 | 1.19 | 1.98 | 1.68 | 3.29 | 1.52 | 1.04 | 1.00 | 2.58 | ||
| 3.59 | 3.62 | 2.84 | 4.28 | 2.75 | 4.14 | 2.10 | 2.85 | 1.54 | 1.99 | 1.96 | 1.09 | 1.45 | 0.31 | 0.91 | 1.13 | 1.50 | 1.29 | ||
| 90.9% | 92.7% | 43.2% | -67.6% | 37.5% | -117.1% | 2.9% | 1.4% | 33.6% | 41.3% | -33.0% | 24.6% | -127.9% | 3.5% | 47.0% | -65.0% | -19.7% | 20.4% | ||
| 19.8% | 20.1% | 11.3% | -12.8% | 10.0% | -22.8% | 0.9% | 0.4% | 13.2% | 13.8% | -11.2% | 11.8% | -52.3% | 2.7% | 24.6% | -30.5% | -7.9% | 8.9% | ||
| 13.61 | 15.06 | 14.77 | 9.53 | 31.46 | 3.88 | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 3 | 5 | 3 |
| full-time | 3 | 3 | 3 | 3 | 2 |
| part-time | - | - | - | 2 | 1 |
| in full-time equivalents | 3 | 3 | 3 | 3.5 | 2.3 |
| 3 | 3 | 3.1 | 3 | 2.1 | |
| On a permanent contract | 3 | 3 | 3 | 4 | 3 |
| Joined | - | - | 0 | 5 | 5 |
| Left | - | - | 2 | 3 | 7 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,418 | €120,506 | €82,721 | €3,088 | €2,649 |
| €50,109 | €40,201 | €12,400 | €22,761 | €29,990 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Sterdal
The operating result for 2025 is 24% lower than in 2024.
Debt's share of the balance-sheet total falls from 78.4% to 78.2%. Equity and debt are lower.