ACTIVE

Stora Enso Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result192,5 k €-75,0 %over 1 year

Gross margin4,1 M €-7,8 %over 1 year

Equity446,6 k €+75,8 %over 1 year

Workforce28,2 ETP+11,9 %over 1 year

Identity

Source · BCE/KBO

Stora Enso Belgium is a Public limited company incorporated in 1973. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Gent. It employs on average 28,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.925.535
Incorporation: 01/01/1973
Legal form: Public limited company
Registered office: Wondelgemkaai 200
9000 Gent · FlandreSee on map
Contributed capital: 134 150,00 €
Latest accounts: 31/12/2025
Average workforce: 28,2 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 46492Wholesale of other household goods 46492Wholesale of other household goods 51180Passenger air transport 51475Air transport

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,1 M €	-7.8%	4,4 M €	+46.2%	3 M €	+3.9%	2,9 M €	-36.7%	4,6 M €
EBITDA	331 k €	-68.9%	1,1 M €	+550%	163,9 k €	+19.2%	137,6 k €	+236%	-101 k €
Operating result	267,8 k €	-73.2%	998,5 k €	+484%	170,9 k €	-11.1%	192,3 k €	-41.5%	328,7 k €
Net result	192,5 k €	-75.0%	769,1 k €	+458%	137,9 k €	+7.2%	128,6 k €	-42.1%	222,2 k €
Balance sheet
Equity	446,6 k €	+75.8%	254,1 k €	-67.6%	785 k €	+21.3%	647,1 k €	+24.8%	518,5 k €
Total assets	1,4 M €	-48.4%	2,7 M €	+46.8%	1,8 M €	+29.3%	1,4 M €	-37.9%	2,3 M €
Cash	1,3 M €	-48.5%	2,6 M €	+92.3%	1,4 M €	+9.8%	1,2 M €	-39.5%	2 M €
Debts	736,7 k €	-68.0%	2,3 M €	+137%	973,9 k €	+42.4%	683,7 k €	-57.9%	1,6 M €
Other
Workforce	28,2 ETP	+11.9%	25,2 ETP	+17.8%	21,4 ETP	-21.3%	27,2 ETP	-25.3%	36,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 29 ended

Active mandates

KRISTIAN SAELAN

Director · since 03 novembre 2025 · until 07 juin 2028

Active

MINNA BJORKMAN

Director · since 04 juin 2025 · until 03 novembre 2025

Active

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 04 juin 2025

Active

ERKKI MAJORIN

Director · since 05 juin 2019 · until 03 juin 2026

Active

Ended mandates

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 03 juin 2026

Ended

NIKO HIETALA

Director · since 20 décembre 2023 · until 18 juin 2024

Ended

NIKO HIETALA

Director · since 20 décembre 2023 · until 03 juin 2026

Ended

LOES VAN LEEUWEN

Director · since 01 avril 2020 · until 01 juin 2023

Ended

Other companies at this address

Wondelgemkaai 200 9000 Gent

Company	CBE no.
STORA ENSO LANGERBRUGGE● Active	0417.331.909

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	27/06/2025	21/06/2024	13/06/2023	13/06/2022	23/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	13/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	12/06/2020	Dutch	PDF
Full model	31/12/2018	05/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	06/06/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	01/06/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	03/06/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	04/06/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	05/06/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	06/06/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	23/06/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	15/07/2010	Dutch	PDF
Full modelCorrection	31/12/2008	03/06/2009	08/07/2009	Dutch	PDF
Full model	31/12/2008	03/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	04/06/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	14/09/2007	18/09/2007	Dutch	PDF
Full model	31/12/2005	09/10/2006	09/02/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 29 ended

Active mandates

KRISTIAN SAELAN

Director · since 03 novembre 2025 · until 07 juin 2028

Active

MINNA BJORKMAN

Director · since 04 juin 2025 · until 03 novembre 2025

Active

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 04 juin 2025

Active

ERKKI MAJORIN

Director · since 05 juin 2019 · until 03 juin 2026

Active

Ended mandates

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 03 juin 2026

Ended

NIKO HIETALA

Director · since 20 décembre 2023 · until 18 juin 2024

Ended

NIKO HIETALA

Director · since 20 décembre 2023 · until 03 juin 2026

Ended

LOES VAN LEEUWEN

Director · since 01 avril 2020 · until 01 juin 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2024
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025192,5 k €↓
2024
Annual accounts 2024769,1 k €↑
2023
Annual accounts 2023137,9 k €↑
2022
Annual accounts 2022128,6 k €↓
2021
Annual accounts 2021222,2 k €↑
2020
Annual accounts 2020113,2 k €↓
2019
Annual accounts 2019219,8 k €↓
2018
Annual accounts 2018340,1 k €↑
2017
Annual accounts 2017-240,4 k €↓
2016
Annual accounts 2016514,4 k €↑
2015
Annual accounts 2015436,2 k €↑
2014
Annual accounts 2014435,7 k €↓
2013
Annual accounts 2013439,9 k €↓
2012
Annual accounts 2012530,4 k €↑
2011
Annual accounts 2011480,8 k €↑
2010
Annual accounts 2010277,5 k €↑
2009
Annual accounts 2009-2,6 M €↓
2008
Annual accounts 2008-442 k €↑
2007
Annual accounts 2007-849,7 k €
01/01/1973
IncorporationPublic limited company

Stora Enso Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline