Steelforce Group
Steelforce Group and the 10 companies it consolidates according to the LEI register: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 5 of the 5 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Consolidated accounts 2025
Filed by Steelforce Group: the group's figures as one whole, with intra-group positions eliminated. These are the real group figures.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: Steelforce Group, no verdict.
- 1 company with a loss in the latest year: Steelforce Packaging (-€3.3m).
- 40.9% of the added-up total assets sits in one company: Steelforce Packaging.
- None of the added-up total assets sits at a company with an elevated or high risk.
Group structure
Who consolidates whom, according to the LEI register. Consolidating means control: the parent takes the subsidiary into its group accounts.
- Steelforce Group10 subsidiariesNo verdict€45.2m €35.9m 2025
- Healthy · 68€124.9m €27.8m 2025
- Healthy · 85€87.8m €35.6m 2025
- Healthy · 80€43.2m €3.1m 2025
- Fair · 48€208.2m €14.9m 2025
- EXPONO STEELFORCE SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
- STEEL FORCE MIDDLE EAST FZCO
- Steel-Link B.V.
- STEELFORCE (S.E.A.) PTE. LTD.
- SteelFORCE Far East Limited
- Steelforce Italy S.R.L.
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Shared directors
Who sits on the boards of several group companies. This is where control over the group sits in practice.
- 2
- 2
- 2
- 2
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
No publications by the group companies in the last two years in our event lists.
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Where do these figures come from?
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 31-10-2026