STMicroelectronics Belgium

Active

Public limited companyfounded 199828 yrs activeLambroekstraat 5, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0463.469.067

STMicroelectronics Belgium has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.21M and a net result of €520k. Its solvency ranks better than 46% of 297 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2024

85 / 100

Excellent▼ -3 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability59▼-1

Solvency72▼-7

Growth29

Stability100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €190k at 30 days acceptable

Liquidity ample (current ratio 1.62 against 1.76 in 2023), but 62.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

6 signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

37.7%

Return on assets

8.9%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

22 d early

2023

26 d early

2022

27 d early

2021

31 d early

2020

52 d early

2019

42 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

€12.04M▼ 3.0%

2023 · €12.41M

2023: €12.41M

2023 → 2024

EBIT margin

4.9%▼ 0.1pp

2023 · 5.0%

2023: 5.0%

2023 → 2024

Net result

€520k▼ 17.0%

2023 · €626k

2023: €626k

2023 → 2024

Working capital

€2.16M▼ 7.7%

2023 · €2.34M

2023: €2.34M

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Turnover€12.41M-€12.04M▼ 3.0%

Equity€2.29M-€2.21M▼ 3.5%

Operating result€623k-€590k▼ 5.3%

Net result€626k-€520k▼ 17.0%

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 5% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €5.87M

96.1%

Fixed assets €231k▲ 6.4%

Current assets €5.64M▲ 3.9%

Equity and liabilities €5.87M

37.7%

62.3%

Equity €2.21M▼ 3.5%

Debt €3.66M▲ 9.2%

The debt ratio rises from 59.3% to 62.3%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€729k▼

2023 · €734k

Cash flow

€659k▼

2023 · €738k

Solvency

37.7%▼

2023 · 40.7%

Current ratio

1.62▼

2023 · 1.76

Quick ratio

1.62▼

2023 · 1.76

Debt / equity

1.65▲

2023 · 1.46

ROE

23.5%▼

2023 · 27.3%

ROA

8.9%▼

2023 · 11.1%

Interest coverage

596.11▼

2023 · 183956.57

Debt

€3.66M▲

2023 · €3.35M

Debt ≤ 1 year

€3.48M▲

2023 · €3.08M

Income taxes

€36k▲

2023 · €16k

Staff costs

€10.84M▲

2023 · €10.80M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Total assets 20/58€5.64M€5.87M▲

Fixed assets 21/28€217k€231k▲

Tangible fixed assets 22/27€217k€231k▲

Current assets 29/58€5.43M€5.64M▲

Stocks & contracts in progress 3€0€0=

Amounts receivable within one year 40/41€5.23M€5.26M▲

Cash & bank 54/58€184k€332k▲

Total equity & liabilities 10/49€5.64M€5.87M▲

Equity 10/15€2.29M€2.21M▼

Contributions / capital 10/11€2.00M€2.00M=

Reserves 13€200k€200k=

Accumulated profits (losses) 14€95k€15k▼

Amounts payable 17/49€3.35M€3.66M▲

Amounts payable within one year 42/48€3.08M€3.48M▲

Trade debts payable within one year 44€269k€889k▲

Income statement Code20232024

Turnover 70€12.41M€12.04M▼

Operating result 9901€623k€590k▼

Financial income 75€30k€6▼

Financial charges 65€10k€34k▲

Result before taxes 9903€643k€555k▼

Income taxes 67/77€16k€36k▲

Net result for the period 9904€626k€520k▼

Result to be appropriated 9905€626k€520k▼

Timeline · acts, filings and financial milestones

All 29Gazette 19Filings 10

2026

11-06

State Gazette act Open capture

Officer resignation · Officer appointment · Mandate term · Mandate compensation

2025

27-11

State Gazette act Director changes

v3.2

11-07

State Gazette act Director changes

v3.2

09-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

05-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

29-02

State Gazette act Statutes amendment

v3.2

2023

04-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

29-03

State Gazette act Director changes

v3.2

2022

08-07

State Gazette act Director changes

v3.2

30-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

05-04

State Gazette act Director changes

v3.2

17-03

State Gazette act Director changes

v3.2

2021

31-08

State Gazette act Director changes

v3.2

09-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

19-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

06-03

State Gazette act Director changes

v3.2

30-01

State Gazette act Director changes

v3.2

2019

03-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

17-08

State Gazette act Director changes

v3.2

26-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

11-07

State Gazette act Director changes

v3.2

30-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

07-04

State Gazette act Director changes

v3.2

2016

11-07

State Gazette act Director changes

v3.2

14-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

2015

16-12

State Gazette act Director changes

v3.2

28-10

State Gazette act Director changes

v3.2

2011

01-12

State Gazette act Director changes

v3.2

2010

26-03

State Gazette act Director changes

v3.2

State Gazette actNBB filing

19 of 28 acts read

About the unread acts

Of the 28 Belgian State Gazette acts we know for this company, 19 have been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

under verification, last change in 2025

All 4 current directors first appear in the same act (25088104). Founders or capital subscribers may have been counted as directors here.

Giuseppe Amodio

Director · since 31-07-2018

Current

Alessandro Cremonesi

Director · since 11-07-2017

Current

Marie-France Florentin

Director · since 11-07-2017

Current

Yves Moulart

Director · since 01-04-2017

Current

Giuseppe Notarnicola

Director · since 11-07-2017

Not recently confirmed

11-07-2025 Giuseppe Amodio: Mandate renewed as Director

11-07-2025 Alessandro Cremonesi: Mandate renewed as Director

11-07-2025 Marie-France Florentin: Mandate renewed as Director

11-07-2025 Yves Moulart: Mandate renewed as Director

31-08-2021 Giuseppe Amodio: Mandate renewed as Director

31-08-2021 Alessandro Cremonesi: Mandate renewed as Director

9 further events in the mandate history. Available in Kantoor S. See plans →

Not every act has been read: a resignation may be missing here

9 of this company's 28 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Machelen (Brab.) · 1 establishment unit since 1998

approximate (street level) On OpenStreetMap

Ground area

5,496 m²

Building footprint

1,193 m²

Volume, LiDAR

18,443 m³

Parcel 23015B0073/00A000, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Lambroekstraat 5, 1831 Machelen (Brab.)

Insurance, reinsurance and pension funding, except compulsory social security

since 19982.087.177.506

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23015B0073/00A000	Flanders	5,496 m²	1 · 1,193 m²	18.1 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

5 auditors

Sara Van HegheCurrent

Statutory auditor

13-05-2020 → present

Show 4 earlier auditors

Ernst & Young Bedrijfsrevisoren Statutory auditor · represented by Thomas Meurice succeeded by Ernst & Young Bedrijfsrevisoren, burgerlijke vennootschap met handelsvorm in 2020	11-07-2016 → 06-03-2020
Ernst & Young Bedrijfsrevisoren, burgerlijke vennootschap met handelsvorm Statutory auditor · represented by Wim Van Gasse	06-03-2020 → 06-03-2020
EY Bedrijfsrevisoren, besloten vennootschap met handelsvorm Statutory auditor · represented by Wim Van Gasse	- → 13-05-2020
PriceWaterhouseCoopers CVBA Statutory auditor · represented by Sascha Van Dyck succeeded by Ernst & Young Bedrijfsrevisoren, burgerlijke vennootschap met handelsvorm in 2020	01-10-2015 → 06-03-2020