STUCCENTER
Annual accounts 2024
micro format, filed on 26-11-2025, 118 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 6 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €360,000. Estimated: probably between €260,000 and €540,000.
Balance sheet
balance sheet total €218,815 on 31-12-2024Change in equityin euro
Change in cashin euro
Position in the sector
Solvency72.5%
Higher than 78% of 35,964 companies in 2024.
Current ratio3.62
Higher than 77% of 35,362 companies in 2024.
Return on assets23.1%
Higher than 82% of 35,546 companies in 2024.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
Total assets20/58 |
218,815 | 165,985 | 102,410 | 21,769 | |
Fixed assets21/28 |
448 | 691 | 263 | - | |
Tangible fixed assets22/27 |
402 | 691 | 263 | - | |
Plant, machinery and equipment23 |
176 | 300 | 263 | - | |
Furniture and vehicles24 |
226 | 391 | - | - | |
Financial fixed assets28 |
45 | - | - | - | |
Current assets29/58 |
218,367 | 165,294 | 102,147 | 21,769 | |
Amounts receivable after more than one year29 |
134,595 | 112,489 | - | - | |
Other amounts receivable291 |
134,595 | 112,489 | - | - | |
Amounts receivable within one year40/41 |
75,550 | 49,931 | 101,337 | 21,146 | |
Trade receivables40 |
70,555 | 44,839 | 62,776 | 18,742 | |
Other amounts receivable41 |
4,995 | 5,093 | 38,561 | 2,404 | |
Cash at bank and in hand54/58 |
8,221 | 2,874 | 810 | 623 | |
| Balance sheet: equity and liabilities | |||||
Total equity and liabilities10/49 |
218,815 | 165,985 | 102,410 | 21,769 | |
Equity10/15 |
158,560 | 108,023 | 44,563 | 6,085 | |
Contributions10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
Reserves13 |
154,560 | 104,023 | 40,563 | 2,085 | |
Distributable reserves133 |
154,560 | 104,023 | 40,563 | 2,085 | |
Amounts payable17/49 |
60,255 | 57,962 | 57,847 | 15,684 | |
Amounts payable within one year42/48 |
60,255 | 57,962 | 57,847 | 15,684 | |
Trade debts44 |
1,220 | 18,638 | 42,290 | 3,466 | |
Suppliers440/4 |
1,220 | 18,638 | 42,290 | 3,466 | |
Taxes, remuneration and social security45 |
57,945 | 38,234 | 15,557 | 1,295 | |
Taxes450/3 |
46,315 | 33,144 | 15,557 | 1,295 | |
Remuneration and social security454/9 |
11,629 | 5,090 | - | - | |
Other amounts payable47/48 |
1,090 | 1,090 | - | 10,923 | |
| Income statement | |||||
Gross operating margin9900 |
109,408 | 106,433 | 73,935 | 4,945 | |
Goods, raw materials, services and sundry goods60/61 |
- | - | 121,109 | 57,789 | |
Remuneration, social security and pensions62 |
27,897 | 26,091 | 20,577 | 431 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
288 | 220 | 61 | - | |
Other operating charges640/8 |
15,799 | 528 | 583 | 905 | |
Non-recurring operating charges66A |
0 | - | - | - | |
Operating profit (loss)9901 |
65,424 | 79,594 | 52,714 | 3,609 | |
Financial income75/76B |
67 | 6 | 1 | - | |
Recurring financial income75 |
67 | 6 | 1 | - | |
Financial charges65/66B |
852 | 306 | 300 | 608 | |
Recurring financial charges65 |
852 | 306 | 300 | 608 | |
Profit (loss) for the period before taxes9903 |
64,639 | 79,293 | 52,415 | 3,001 | |
Income taxes67/77 |
14,102 | 15,834 | 13,937 | 916 | |
Profit (loss) for the period9904 |
50,537 | 63,460 | 38,478 | 2,085 | |
Profit (loss) for the period to be appropriated9905 |
50,537 | 63,460 | 38,478 | 2,085 | |
| Appropriation of the result | |||||
Profit (loss) to be appropriated9906 |
50,537 | 63,460 | 38,478 | 2,085 | |
Transfer to equity691/2 |
50,537 | 63,460 | 38,478 | 2,085 | |
To other reserves6921 |
50,537 | 63,460 | 38,478 | 2,085 | |
| 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 2024 (PDF), filed on 26-11-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| EBITDA | 65,713 | 79,813 | 52,775 | - | |
| Cash flow | 50,825 | 63,679 | 38,539 | - | |
| Investment in fixed assets | 45 | 648 | 324 | - | |
| Change in cash | 5,347 | 2,064 | 187 | - | |
| Working capital | 158,112 | 107,332 | 44,300 | 6,085 | |
| Solvency | 72.5% | 65.1% | 43.5% | 28.0% | |
| Current ratio | 3.62 | 2.85 | 1.77 | 1.39 | |
| Debt to equity | 0.38 | 0.54 | 1.30 | 2.58 | |
| ROE | 31.9% | 58.7% | 86.3% | 34.3% | |
| ROA | 23.1% | 38.2% | 37.6% | 9.6% | |
| Interest coverage | 77.17 | over 100 | over 100 | - | |
| Supplier credit | - | - | 127 days | 22 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| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €648 | €324 | - |
| Financial fixed assets | €45 | - | - | - |
| Depreciation and write-downs of the year | €288 | €220 | €61 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on STUCCENTER
The operating result for 2024 is 18% lower than in 2023.
Debt's share of the balance-sheet total falls from 34.9% to 27.5%. Equity and debt are higher.