ACTIVE

STUBAN

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Financial year 2025 · closed on 31/03/2025

Net result

-3,5 k €

+90.4% YoY

Gross margin

343,7 k €

-5.7% YoY

Equity

6,8 M €

-0.1% YoY

Workforce

5,8 ETP

-19.4% YoY

What does STUBAN do?

STUBAN is a Public limited company incorporated in 1975. Its main activity is: Construction of buildings. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.003.414

Incorporation

01/04/1975

Legal form

Public limited company

Registered office

Mosselbank(VRA) 74
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/03/2025

Average workforce

5,8 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	343,7 k €	-5.7%	364,6 k €	-21.5%	464,2 k €	-8.6%	507,8 k €	-8.8%	556,8 k €	+28.5%	433,4 k €	+1.5%	426,9 k €	+12.6%	379,1 k €	-15.4%	448,1 k €	-8.4%	489,1 k €	-5.1%	515,6 k €	+16.3%	443,4 k €	-5.8%	470,7 k €	+39.3%	338 k €	+48.0%	228,4 k €	+356%	50,1 k €	-70.4%	169,2 k €	-56.8%	391,3 k €
EBITDA	-69,9 k €	+36.6%	-110,3 k €	-282%	60,6 k €	-39.3%	99,8 k €	-29.2%	141 k €	+373%	29,8 k €	+474%	5,2 k €	-43.7%	9,2 k €	-83.0%	54,3 k €	-39.9%	90,3 k €	-19.7%	112,4 k €	+137%	47,5 k €	-66.1%	140 k €	+248%	40,2 k €	-44.4%	72,3 k €	+245%	-50 k €	-149%	102 k €	-73.1%	379,8 k €
Operating result	-92,9 k €	+28.0%	-129,2 k €	-462%	35,7 k €	-39.8%	59,2 k €	-43.4%	104,5 k €	+1952%	5,1 k €	+124%	-21,3 k €	-10.5%	-19,3 k €	-179%	24,3 k €	-44.5%	43,9 k €	-18.0%	53,5 k €	+558%	-11,7 k €	-115%	76,9 k €	+924%	-9,3 k €	-122%	41,7 k €	+158%	-72,2 k €	-199%	72,9 k €	-78.9%	346,2 k €
Net result	-3,5 k €	+90.4%	-36,9 k €	-141%	89,7 k €	-11.2%	100,9 k €	-19.4%	125,3 k €	+106%	60,8 k €	+120%	27,6 k €	-95.1%	565,4 k €	+6264%	8,9 k €	-98.5%	576,7 k €	+221%	179,9 k €	+29.1%	139,3 k €	-31.4%	202,9 k €	+11.8%	181,6 k €	-55.7%	410 k €	+25.5%	326,7 k €	+35.8%	240,6 k €	-54.9%	533,6 k €
Balance sheet
Equity	6,8 M €	-0.1%	6,8 M €	-0.5%	6,8 M €	+1.3%	6,7 M €	+1.5%	6,6 M €	+1.9%	6,5 M €	+0.9%	6,5 M €	+0.4%	6,4 M €	+4.0%	6,2 M €	+0.1%	6,2 M €	+10.3%	5,6 M €	+3.3%	5,4 M €	+2.6%	5,3 M €	+4.0%	5,1 M €	+3.7%	4,9 M €	+9.1%	4,5 M €	+7.9%	4,2 M €	+6.1%	3,9 M €
Total assets	6,9 M €	-0.3%	6,9 M €	-4.0%	7,2 M €	+4.9%	6,9 M €	+1.1%	6,8 M €	+2.5%	6,6 M €	+1.0%	6,6 M €	-0.2%	6,6 M €	+0.3%	6,6 M €	-0.6%	6,6 M €	+0.9%	6,5 M €	+0.9%	6,5 M €	-1.1%	6,5 M €	+26.3%	5,2 M €	-0.7%	5,2 M €	+14.3%	4,6 M €	+4.8%	4,4 M €	+10.6%	3,9 M €
Cash	4,7 k €	-88.0%	38,9 k €	+964%	3,7 k €	-67.0%	11,1 k €	+289%	2,8 k €	-58.1%	6,8 k €	-37.9%	10,9 k €	-45.6%	20,1 k €	-30.8%	29,1 k €	-33.2%	43,6 k €	+75.4%	24,8 k €	-82.3%	140,4 k €	+2900%	4,7 k €	-65.0%	13,4 k €	-91.0%	148,6 k €	+107%	71,6 k €		–		90,4 k €
Debts	100,2 k €	-15.1%	118 k €	-67.8%	366,6 k €	+217%	115,7 k €	-18.7%	142,4 k €	+37.1%	103,8 k €	+2.8%	101 k €	-23.1%	131,3 k €	-64.3%	368,3 k €	-4.8%	386,7 k €	-57.2%	904,1 k €	-14.7%	1,1 M €	-16.3%	1,3 M €	+1083%	107 k €	-67.6%	330 k €	+277%	87,6 k €	-57.1%	204 k €	+617%	28,5 k €
Other
Workforce	5,8 ETP	-19.4%	7,2 ETP	+5.9%	6,8 ETP	-4.2%	7,1 ETP	-7.8%	7,7 ETP	+1.3%	7,6 ETP	0.0%	7,6 ETP	0.0%	7,6 ETP	0.0%	7,6 ETP	0.0%	7,6 ETP	0.0%	7,6 ETP	+2.7%	7,4 ETP	+12.1%	6,6 ETP	+11.9%	5,9 ETP	+68.6%	3,5 ETP	+52.2%	2,3 ETP	+35.3%	1,7 ETP	+240%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 12 ended

Active mandates

Annick BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Bart BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Joris BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Marc BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Ended mandates

Danny VAN KERCHOVE

Managing director · since 04 septembre 2020 · until 28 février 2024

Ended

Danny VAN KERCHOVE

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Ended

Annick BOSMAN

Managing director · since 05 septembre 2014 · until 04 septembre 2020

Ended

Bart BOSMAN

Managing director · since 05 septembre 2014 · until 04 septembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
B.M. Familie Bosman● Active	0723.416.694
I.M.V.C.● Active	0438.014.485
STUVERBO● Active	0465.662.554
Vanderlinden● Active	0419.104.138

Annual accounts

Full financial information

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/10/2025	27/09/2024	28/09/2023	09/12/2022	29/10/2021	30/09/2020
General meeting	05/09/2025	06/09/2024	01/09/2023	02/09/2022	03/09/2021	04/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	05/09/2025	20/10/2025	Dutch	PDF
Abridged model	31/03/2024	06/09/2024	27/09/2024	Dutch	PDF
Abridged model	31/03/2023	01/09/2023	28/09/2023	Dutch	PDF
Abridged model	31/03/2022	02/09/2022	09/12/2022	Dutch	PDF
Abridged model	31/03/2021	03/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	04/09/2020	30/09/2020	Dutch	PDF
Abridged model	31/03/2019	06/09/2019	09/12/2019	Dutch	PDF
Abridged model	31/03/2018	07/09/2018	27/11/2018	Dutch	PDF
Abridged model	31/03/2017	01/09/2017	05/09/2017	Dutch	PDF
Abridged model	31/03/2016	02/09/2016	07/09/2016	Dutch	PDF
Abridged model	31/03/2015	04/09/2015	10/09/2015	Dutch	PDF
Abridged model	31/03/2014	05/09/2014	23/09/2014	Dutch	PDF
Abridged model	31/03/2013	06/09/2013	07/10/2013	Dutch	PDF
Abridged model	31/03/2012	07/09/2012	15/11/2012	Dutch	PDF
Abridged model	31/03/2011	02/09/2011	28/11/2011	Dutch	PDF
Abridged model	31/03/2010	03/09/2010	14/10/2010	Dutch	PDF
Abridged model	31/03/2009	04/09/2009	18/09/2009	Dutch	PDF
Abridged model	31/03/2008	05/09/2008	14/10/2008	Dutch	PDF
Abridged model	31/03/2007	07/09/2007	13/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 12 ended

Active mandates

Annick BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Bart BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Joris BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Marc BOSMAN

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Active

Ended mandates

Danny VAN KERCHOVE

Managing director · since 04 septembre 2020 · until 28 février 2024

Ended

Danny VAN KERCHOVE

Managing director · since 04 septembre 2020 · until 04 septembre 2026

Ended

Annick BOSMAN

Managing director · since 05 septembre 2014 · until 04 septembre 2020

Ended

Bart BOSMAN

Managing director · since 05 septembre 2014 · until 04 septembre 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Annual accounts05/11/2024
BOEKJAAR - JAARREKENINGEN
PDF
Mandates09/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates28/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/11/2017
KAPITAAL - AANDELEN
PDF
Mandates24/09/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-3,5 k €↑
2024
Annual accounts 2024-36,9 k €↓
2023
Annual accounts 202389,7 k €↓
2022
Annual accounts 2022100,9 k €↓
2021
Annual accounts 2021125,3 k €↑
2020
Annual accounts 202060,8 k €↑
2019
Annual accounts 201927,6 k €↓
2018
Annual accounts 2018565,4 k €↑
2017
Annual accounts 20178,9 k €↓
2016
Annual accounts 2016576,7 k €↑
2015
Annual accounts 2015179,9 k €↑
2014
Annual accounts 2014139,3 k €↓
2013
Annual accounts 2013202,9 k €↑
2012
Annual accounts 2012181,6 k €↓
2011
Annual accounts 2011410 k €↑
2010
Annual accounts 2010326,7 k €↑
2009
Annual accounts 2009240,6 k €↓
2008
Annual accounts 2008533,6 k €
01/04/1975
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STUBAN

Overview

What does STUBAN do?

Trend over 18 financial years

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