STRYKER
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 30 filings
Turnover
€61.1m▲ 5.0%
2024 · €58.2m
EBIT margin
5.2%▲ 2.4pp
2024 · 2.8%
Net result
€2.6m▲ 164%
2024 · €992,087
Working capital
€6.6m▼ 64.8%
2024 · €18.7m
Trend over the years
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result for 2025 is 98% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Turnover€61.1m
2025
Operating result€3.2m
2025
Net result€2.6m
2025
Total assets€29.8m
2025
Equity€5.8m
2025
Debt€24.1m
2025
Working capital€6.6m
2025
EBIT margin5.2%
2025
Return on assets (ROA)8.8%
2025
Solvency19.3%
2025
Current ratio1.29
2025
Staff (FTE)99.7
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202022202320242025
Turnover€42.7m-€45.9m▲ 7.3%€41.7m▼ 9.0%€57.2m-€58.4m▲ 2.0%€58.2m▼ 0.3%€61.1m▲ 5.0%
Operating result€1.9m-€2.3m▲ 18.7%€1.7m▼ 25.2%€2.3m-€2.3m▼ 2.0%€1.6m▼ 30.0%€3.2m▲ 97.7%
Net result€1.0m-€1.4m▲ 41.5%€0.9mabove the sector's middle half▼ 40.3%€1.5mabove the sector's middle half-€1.5mabove the sector's middle half▲ 1.1%€1.0mabove the sector's middle half▼ 35.6%€2.6mabove the sector's middle half▲ 164%
EBIT margin4.5%-5.0%▲ 0.5pp4.1%▼ 0.9pp4.1%-3.9%▼ 0.2pp2.8%▼ 1.2pp5.2%▲ 2.4pp
Equity€10.3m-€11.8m▲ 14.0%€12.6mabove the sector's middle half▲ 7.3%€15.6mabove the sector's middle half-€17.1mabove the sector's middle half▲ 9.9%€18.1mabove the sector's middle half▲ 5.8%€5.8mabove the sector's middle half▼ 68.3%
Total assets€16.8m-€15.1m▼ 9.9%€17.8mabove the sector's middle half▲ 17.9%€25.0mabove the sector's middle half-€27.6mabove the sector's middle half▲ 10.2%€27.5mabove the sector's middle half▼ 0.3%€29.8mabove the sector's middle half▲ 8.5%
Debt€6.4m-€3.4m▼ 47.7%€5.1m▲ 52.4%€9.4m-€10.4m▲ 10.9%€9.3m▼ 10.4%€24.1m▲ 158%
Working capital€10.4m-€12.0m▲ 15.0%€13.3mabove the sector's middle half▲ 10.9%€16.2mabove the sector's middle half-€17.7mabove the sector's middle half▲ 9.5%€18.7mabove the sector's middle half▲ 5.7%€6.6mabove the sector's middle half▼ 64.8%
Solvency61.5%-77.7%▲ 16.3pp70.8%above the sector's middle half▼ 7.0pp62.4%above the sector's middle half-62.2%within the sector's middle half▼ 0.2pp66.0%above the sector's middle half▲ 3.8pp19.3%below the sector's middle half▼ 46.7pp
Current ratio2.80-5.30▲ 2.514.23above the sector's middle half▼ 1.073.12above the sector's middle half-3.04above the sector's middle half▼ 0.083.39above the sector's middle half▲ 0.351.29within the sector's middle half▼ 2.10
Return on assets (ROA)6.1%-9.5%▲ 3.5pp4.8%within the sector's middle half▼ 4.7pp6.1%within the sector's middle half-5.6%within the sector's middle half▼ 0.5pp3.6%within the sector's middle half▼ 2.0pp8.8%within the sector's middle half▲ 5.2pp
Staff (FTE)77.7-73.4▼ 5.5%76.4above the sector's middle half▲ 4.1%88.3above the sector's middle half-95.4above the sector's middle half▲ 8.0%95.2above the sector's middle half▼ 0.2%99.7above the sector's middle half▲ 4.7%
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.8m
Fixed assets
€704,164 ▼ 26.6%
Current assets
€29.1m ▲ 9.8%
Equity and liabilities €29.8m
Equity
€5.8m ▼ 68.3%
Debt
€24.1m ▲ 158%
Debt's share of the balance-sheet total rises from 34.0% to 80.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3.4m▲
2024 · €1.9m
Cash flow
€2.9m▲
2024 · €1.3m
Debt to equity
4.18▲
2024 · 0.52
ROE
45.5%▲
2024 · 5.5%
Interest coverage
39.16▼
2024 · 63.03
Debt ≤ 1 year
€22.5m▲
2024 · €7.8m
Income taxes
€768,462▼
2024 · €1.1m
Customer credit
83 days▼
2024 · 84 days
Supplier credit
18 days▼
2024 · 20 days
Staff costs
€13.2m▲
2024 · €12.7m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Comparable companies
These companies have the same main activity as STRYKER: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €26m and €51m, founded between 1990 and 2003.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| STRYKER Machelen (Brab.) | 1996 | €29.8m | €5.8m | €61.1m | €2.6m | 99.7 | 2025 |
| BOSTON SCIENTIFIC BENELUX Machelen (Brab.) | 1993 | €34.0m | €13.0m | €76.6m | €2.1m | 86.6 | 2025 |
| AGILENT TECHNOLOGIES BELGIUM Machelen (Brab.) | 1999 | €51.1m | €29.4m | €60.0m | €3.2m | 102 | 2025 |
| ABBOTT MEDICAL BELGIUM Zaventem | 1990 | €40.8m | €13.3m | €85.5m | €0.03m | 75.4 | 2025 |
| VOLCANO EUROPE Zaventem | 2003 | €25.7m | €17.0m | €43.1m | €1.2m | 105.6 | 2025 |
| SMITH & NEPHEW Zaventem | 2001 | €39.4m | €29.2m | €43.2m | €1.5m | 72.8 | 2025 |
| WATERS Antwerpen | 1994 | €29.9m | €10.5m | €54.9m | €1.9m | 64.6 | 2025 |
They were chosen from the 1,134 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 378 companies had the same profile as STRYKER has now. Two years later, 0.3% had gone bankrupt and 97.4% were still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
2.4%
stopped otherwise
97.4%
was still going
That fits the bankruptcy probability of STRYKER itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 378 companies, not a prediction for STRYKER. 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.
Public contracts
15 awards · 2024 to 2026
Fourniture, livraison, installation et mise en service d’équipements d’arthroscopie, de radiofréquence ainsi que les consommables, la maintenance, les formations associées et les lames chirurgicales: SLBO.MP/2024/186 - Lot 3 - Lames chirurgicales compatibles avec moteurs Stryker
Fourniture, installation et maintenance de colonnes de coelioscopie et des dispositifs médicaux et accessoires associés intégrant des critères de durabilité: SLBO.MP/2025-180 - 2
Het leveren van chirurgische helmen en een raamovereenkomst voor de bijhorende overtrekken
Acquisition de matériel et de consommables liés au transfert de patients: Brancards hydrauliques
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 1 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor prothese chirurgie en zware trauma
Show 10 more contracts
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 2 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor trauma chirurgie
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 3 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor hand- en voet chirurgie
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 4 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor neuro, spinale & craniale chirurgie
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 5 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor mond-, kaak- en aanzichtchirurgie
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 6 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor cardio
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 7 Motoren met alle benodigde hulp- en opzetstukken plus zaagbladen voor zeer specifieke toepassingen
Raamovereenkomst voor het leveren van motoren en toebehoren voor chirurgische ingrepen plus zaagbladen: 2025-HospiLim-401 - 8 Zaagbladen
Fourniture, installation et maintenance d'une colonne vert d'indocyanine
Raamovereenkomst voor de levering van ziekenhuismeubilair: 2023-HospiLim-419 - 17
Raamovereenkomst voor de levering van ziekenhuismeubilair: 2023-HospiLim-419 - 18
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €57.2m | €58.4m | €58.2m | €61.1m | ▲ 5.0% |
| Turnover70 | €42.7m | €45.9m | €41.7m | €57.2m | €58.4m | €58.2m | €61.1m | ▲ 5.0% |
| Operating charges60/66A | - | - | - | €54.9m | €56.1m | €56.6m | €58.0m | ▲ 2.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | €40.0m | €39.3m | €41.3m | €39.9m | ▼ 3.4% |
| Purchases600/8 | - | - | - | €40.0m | €39.3m | €41.3m | €39.9m | ▼ 3.4% |
| Services and other goods61 | - | - | - | €2.9m | €3.1m | €2.5m | €4.5m | ▲ 82.5% |
| Remuneration, social security and pensions62 | - | - | - | €11.5m | €13.4m | €12.7m | €13.2m | ▲ 3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.1m | €0.02m | €0.3m | €0.2m | €0.3m | €0.3m | ▲ 0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.3m | €0.07m | -€0.2m | €0.02m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0 | - | €0.01m | €0.001m | ▼ 91.3% |
| Operating profit (loss)9901 | €1.9m | €2.3m | €1.7m | €2.3m | €2.3m | €1.6m | €3.2m | ▲ 97.7% |
| Financial income75/76B | - | - | - | €0.06m | €0.2m | €0.5m | €0.3m | ▼ 39.8% |
| Recurring financial income75 | €0.001m | €0.001m | €0.001m | €0.06m | €0.2m | €0.5m | €0.3m | ▼ 39.8% |
| Income from current assets751 | - | - | - | €0.01m | €0 | €0.5m | €0 | ▼ 100% |
| Other financial income752/9 | - | - | - | €0.04m | €0.2m | €0.02m | €0.3m | ▲ 19× |
| Financial charges65/66B | - | - | - | €0.04m | €0.06m | €0.03m | €0.09m | ▲ 196% |
| Recurring financial charges65 | €0.2m | €0.02m | €0.01m | €0.04m | €0.06m | €0.03m | €0.09m | ▲ 196% |
| Debt charges650 | €0.1m | €0.002m | €0.008m | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.04m | €0.06m | €0.03m | €0.09m | ▲ 196% |
| Profit (loss) for the period before taxes9903 | €1.7m | €2.3m | €1.7m | €2.4m | €2.4m | €2.1m | €3.4m | ▲ 62.4% |
| Income taxes67/77 | €0.7m | €0.8m | €0.8m | €0.8m | €0.9m | €1.1m | €0.8m | ▼ 29.7% |
| Taxes670/3 | - | - | - | €0.8m | €0.9m | €1.1m | €0.8m | ▼ 29.7% |
| Profit (loss) for the period9904 | €1.0m | €1.4m | €0.9m | €1.5m | €1.5m | €1.0m | €2.6m | ▲ 164% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €1.4m | €0.9m | €1.5m | €1.5m | €1.0m | €2.6m | ▲ 164% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €16.8m | €15.1m | €17.8m | €25.0m | €27.6m | €27.5m | €29.8m | ▲ 8.5% |
| Fixed assets21/28 | €0.6m | €0.4m | €0.5m | €1.2m | €1.2m | €1.0m | €0.7m | ▼ 26.6% |
| Intangible fixed assets21 | €0.4m | €0.3m | €0.3m | €0.5m | €0.4m | €0.2m | €0.07m | ▼ 66.7% |
| Tangible fixed assets22/27 | €0.03m | €0.06m | €0.06m | €0.5m | €0.6m | €0.5m | €0.4m | ▼ 21.2% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.09m | €0.1m | €0.1m | ▼ 23.9% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.3m | €0.2m | €0.1m | ▼ 24.6% |
| Other tangible fixed assets26 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 16.1% |
| Financial fixed assets28 | €0.2m | €0.03m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Other financial fixed assets284/8 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Current assets29/58 | €16.2m | €14.7m | €17.4m | €23.8m | €26.4m | €26.5m | €29.1m | ▲ 9.8% |
| Stocks and contracts in progress3 | €0.01m | - | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €15.5m | €14.0m | €17.0m | €23.3m | €25.9m | €26.0m | €28.6m | ▲ 9.7% |
| Trade receivables40 | - | - | - | €17.1m | €17.3m | €13.3m | €14.0m | ▲ 4.8% |
| Other amounts receivable41 | - | - | - | €6.2m | €8.5m | €12.7m | €14.6m | ▲ 15.0% |
| Cash at bank and in hand54/58 | €0.7m | €0.5m | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 102% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.1m | ▼ 52.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €16.8m | €15.1m | €17.8m | €25.0m | €27.6m | €27.5m | €29.8m | ▲ 8.5% |
| Equity10/15 | €10.3m | €11.8m | €12.6m | €15.6m | €17.1m | €18.1m | €5.8m | ▼ 68.3% |
| Contributions10/11 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Capital10 | - | - | - | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Issued capital100 | - | - | - | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €7.0m | €8.5m | €9.4m | €12.3m | €13.9m | €14.9m | €2.5m | ▼ 83.3% |
| Provisions and deferred taxes16 | €0.03m | - | €0.08m | - | - | - | - | - |
| Amounts payable17/49 | €6.4m | €3.4m | €5.1m | €9.4m | €10.4m | €9.3m | €24.1m | ▲ 158% |
| Amounts payable within one year42/48 | €5.8m | €2.8m | €4.1m | €7.6m | €8.7m | €7.8m | €22.5m | ▲ 188% |
| Trade debts44 | €0.9m | €0.6m | €0.7m | €1.6m | €1.0m | €2.2m | €1.9m | ▼ 14.3% |
| Suppliers440/4 | - | - | - | €1.6m | €1.0m | €2.2m | €1.9m | ▼ 14.3% |
| Taxes, remuneration and social security45 | - | - | - | €3.0m | €3.7m | €2.3m | €2.8m | ▲ 24.0% |
| Taxes450/3 | - | - | - | €0.7m | €0.6m | €0.6m | €1.0m | ▲ 60.3% |
| Remuneration and social security454/9 | - | - | - | €2.3m | €3.0m | €1.7m | €1.8m | ▲ 10.6% |
| Other amounts payable47/48 | - | - | - | €3.0m | €3.9m | €3.3m | €17.8m | ▲ 439% |
| Accrued charges and deferred income492/3 | - | - | - | €1.8m | €1.7m | €1.5m | €1.5m | ▲ 1.2% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €1.4m | €0.9m | €1.5m | €1.5m | €1.0m | €2.6m | ▲ 164% |
| + Depreciation and write-downs630 | €0.04m | €0.1m | €0.02m | €0.3m | €0.2m | €0.3m | €0.3m | ▲ 0.4% |
| Operating cash flow (approximation) | €1.1m | €1.6m | €0.9m | €1.8m | €1.8m | €1.3m | €2.9m | ▲ 130% |
| Investment in fixed assets (approximation) | - | €0.09m | -€0.09m | - | -€0.2m | -€0.006m | -€0.009m | ▼ 56.3% |
| Change in cash | - | -€0.2m | -€0.4m | - | €0.04m | -€0.04m | €0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 19-06-2026 | 2026-00181409 | NBB |
| 31-12-2024 | full format | 17-06-2025 | 2025-00145161 | |
| 31-12-2023 | full format | 19-06-2024 | 2024-00144583 | |
| 31-12-2022 | full format | 14-07-2023 | 2023-00236056 | |
| 31-12-2021 | full format | 10-08-2022 | 2022-20289300 | |
| 31-12-2020 | full format | 21-06-2021 | 2021-22500148 | |
| 31-12-2019 | full format | 05-06-2020 | 2020-15600224 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-32200348 | |
| 31-12-2017 | full format | 05-07-2018 | 2018-29000301 | |
| 31-12-2016 | full format | 26-07-2017 | 2017-35300280 |