ACTIVE

Steen Food Masters

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Financial year 2025 · Closed on 31/12/2025

Net result381,4 k €+19,4 %over 1 year
Gross margin1,9 M €+2,0 %over 1 year
Equity3,3 M €+2,2 %over 1 year
Workforce19,5 ETP-4,9 %over 1 year

Identity

Source · BCE/KBO

Steen Food Masters is a Private limited company incorporated in 1980. Its main activity is: Wholesale of meat and meat products. Its registered office is in Ichtegem. It employs on average 19,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.060.766
Incorporation
15/12/1980
Legal form
Private limited company
Registered office
Fabriekweg(EER) 50
8480 Ichtegem · FlandreSee on map
Contributed capital
450 089,35 €
Latest accounts
31/12/2025
Average workforce
19,5 ETP
Joint committees (5)
  • 119
  • 11901
  • 200
  • 20018
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,9 M €1,9 M €2,2 M €2,2 M €1,9 M €
EBITDA725,7 k €744,9 k €1,1 M €849,7 k €690,1 k €
Operating result486,8 k €433,2 k €875,7 k €765,4 k €527 k €
Net result381,4 k €319,3 k €623,7 k €556,2 k €386,1 k €
Balance sheet
Equity3,3 M €3,3 M €3 M €2,3 M €1,8 M €
Total assets5,3 M €5,1 M €4,8 M €3,9 M €3,4 M €
Cash672,9 k €391,1 k €618,9 k €402,2 k €334,2 k €
Debts2 M €1,8 M €1,8 M €1,6 M €1,5 M €
Other
Workforce19,5 ETP20,5 ETP21,7 ETP25,0 ETP23,6 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

2 active · 9 ended

Active mandates

Gilles Steen

Director · since 16 mars 2021

Active
Tom DUGARDIN

Director · since 16 mars 2021

Active

Ended mandates

Gilles Steen

Manager · since 01 juillet 2014

Ended
Tom Dugardin

Manager · since 01 juillet 2014

Ended
Alain Steen

Manager · since 01 mai 1999

Ended
Alain Steen

Director

Ended

Other companies at this address

Fabriekweg(EER) 50 8480 Ichtegem
CompanyCBE no.
GITO FOODS● Active
1024.982.370
TRANSPORT STEEN● Active
0544.645.793

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202631/07/202530/07/202428/07/202328/07/202227/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202328/07/2023DutchPDF
Abridged model31/12/202130/06/202228/07/2022DutchPDF
Abridged model31/12/202030/06/202127/07/2021DutchPDF
Abridged model31/12/201930/06/202018/09/2020DutchPDF
Abridged model31/12/201821/06/201916/07/2019DutchPDF
Abridged model31/12/201713/06/201815/06/2018DutchPDF
Abridged model31/12/201608/06/201706/07/2017DutchPDF
Abridged model31/12/201531/07/201625/08/2016DutchPDF
Abridged model31/12/201430/06/201530/07/2015DutchPDF
Abridged model31/12/201321/08/201426/08/2014DutchPDF
Abridged model31/12/201208/10/201308/10/2013DutchPDF
Abridged model31/12/201115/06/201212/07/2012DutchPDF
Abridged model31/12/201024/06/201108/07/2011DutchPDF
Abridged model31/12/200925/06/201008/07/2010DutchPDF
Abridged model31/12/200831/07/200926/08/2009DutchPDF
Abridged model31/12/200731/07/200822/08/2008DutchPDF
Abridged model31/12/200627/07/200729/08/2007DutchPDF

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

2 active · 9 ended

Active mandates

Gilles Steen

Director · since 16 mars 2021

Active
Tom DUGARDIN

Director · since 16 mars 2021

Active

Ended mandates

Gilles Steen

Manager · since 01 juillet 2014

Ended
Tom Dugardin

Manager · since 01 juillet 2014

Ended
Alain Steen

Manager · since 01 mai 1999

Ended
Alain Steen

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2014
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office09/11/2006
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025381,4 k €↑
  2. 2024
    Annual accounts 2024319,3 k €↓
  3. 2023
    Annual accounts 2023623,7 k €↑
  4. 2022
    Annual accounts 2022556,2 k €↑
  5. 2021
    Annual accounts 2021386,1 k €↑
  6. 2020
    Annual accounts 2020296,7 k €↑
  7. 2019
    Annual accounts 2019118,3 k €↑
  8. 2018
    Annual accounts 2018-192,3 k €↓
  9. 2017
    Annual accounts 201715,2 k €↓
  10. 2016
    Annual accounts 2016135,7 k €↓
  11. 2015
    Annual accounts 2015174,2 k €↑
  12. 2014
    Annual accounts 201479,4 k €↓
  13. 2013
    Annual accounts 2013156,9 k €↑
  14. 2012
    Annual accounts 2012144,8 k €↑
  15. 2011
    Annual accounts 201191,9 k €↑
  16. 2010
    Annual accounts 201075,5 k €↑
  17. 2009
    Annual accounts 200961 k €↓
  18. 2008
    Annual accounts 200872,8 k €↓
  19. 2007
    Annual accounts 200786,2 k €↑
  20. 2006
    Annual accounts 200685,7 k €
  21. 15/12/1980
    IncorporationPrivate limited company