ACTIVE

Associatie STOCKMAG BENELUX

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Financial year 2025 · closed on 31/12/2025

Net result

108,2 k €

+154.6% YoY

Gross margin

618,7 k €

+26.0% YoY

Equity

637,3 k €

+16.9% YoY

Workforce

5,1 ETP

-7.3% YoY

What does Associatie STOCKMAG BENELUX do?

Associatie STOCKMAG BENELUX is a Private limited company incorporated in 1981. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Tournai. It employs on average 5,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.935.845

Incorporation

15/09/1981

Legal form

Private limited company

Registered office

Chaussée de Lille(OR) 479/01
7501 Tournai · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

5,1 ETP

Activities (NACE)

43240Electrical, plumbing and other construction installation activities· main 43299Other construction installation 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation 43320Joinery installation+2

Joint committees (5)

111
124
20000 12400
209
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	618,7 k €	+26.0%	491 k €	-5.2%	518,1 k €	+8.1%	479,1 k €	+18.3%	405,1 k €	+36.1%	297,7 k €	+34.8%	220,9 k €	-24.9%	294,1 k €	+57.6%	186,6 k €	+22.0%	152,9 k €	+14.3%	133,9 k €	-8.1%	145,6 k €	+26.0%	115,6 k €	-6.6%	123,8 k €	+19.8%	103,4 k €	+197%	34,8 k €	+3.2%	33,7 k €	-51.2%	69 k €	-2.2%	70,6 k €	-9.9%	78,3 k €
EBITDA	337 k €	+41.3%	238,6 k €	-27.3%	328,1 k €	+3.0%	318,6 k €	+2.7%	310,2 k €	+45.7%	212,9 k €	+97.1%	108 k €	-33.6%	162,7 k €	+152%	64,5 k €	-28.2%	89,8 k €	+32.6%	67,7 k €	-5.1%	71,4 k €	+117%	32,9 k €	+72.5%	19,1 k €	-42.6%	33,3 k €	+240%	9,8 k €	-48.8%	19,1 k €	-4.3%	20 k €	+353%	4,4 k €	-14.7%	5,2 k €
Operating result	182,5 k €	+124%	81,5 k €	-46.2%	151,5 k €	-20.7%	191,1 k €	-2.5%	196 k €	+51.5%	129,3 k €	+302%	32,2 k €	-60.4%	81,2 k €	+375%	17,1 k €	-36.6%	26,9 k €	+90.7%	14,1 k €	-69.4%	46,2 k €	+257%	13 k €	+427%	-4 k €	-126%	15,1 k €	+1007%	1,4 k €	-87.9%	11,3 k €	-2.4%	11,6 k €	+14709%	78 €	+134%	-228 €
Net result	108,2 k €	+155%	42,5 k €	-59.4%	104,6 k €	-20.3%	131,2 k €	-5.5%	138,8 k €	+54.6%	89,7 k €	+405%	17,8 k €	-72.8%	65,4 k €	+2695%	2,3 k €	-78.7%	11 k €	+11.0%	9,9 k €	-72.1%	35,5 k €	+622%	4,9 k €	+156%	-8,7 k €	-467%	2,4 k €	+125%	-9,5 k €	-450%	2,7 k €	-10.8%	3 k €	+153%	-5,7 k €	-317%	-1,4 k €
Balance sheet
Equity	637,3 k €	+16.9%	545,3 k €	-3.8%	566,6 k €	+22.6%	462 k €	+31.4%	351,7 k €	+63.9%	214,6 k €	+69.7%	126,4 k €	+14.6%	110,3 k €	+137%	46,4 k €	+5.3%	44,1 k €	+33.2%	33,1 k €	+42.6%	23,2 k €	+290%	-12,2 k €	+28.6%	-17,2 k €	-103%	-8,4 k €	+22.0%	-10,8 k €	-727%	-1,3 k €	+67.5%	-4 k €	+43.1%	-7,1 k €	-429%	-1,3 k €
Total assets	2 M €	+13.5%	1,8 M €	-8.4%	1,9 M €	+25.2%	1,5 M €	+12.1%	1,4 M €	+27.7%	1,1 M €	+24.9%	858,1 k €	+13.8%	753,8 k €	+64.5%	458,2 k €	-21.0%	579,7 k €	+24.4%	465,8 k €	+193%	158,9 k €	+4.5%	152 k €	-20.8%	192 k €	+24.4%	154,3 k €	+104%	75,6 k €	-1.5%	76,8 k €	-27.0%	105,2 k €	+28.1%	82,1 k €	-25.3%	110 k €
Cash	348,4 k €	+61.6%	215,6 k €	+5.6%	204,2 k €	-43.2%	359,3 k €	-12.5%	410,6 k €	+33.6%	307,3 k €	+367%	65,8 k €	-48.1%	126,8 k €		–		–		–		–		–		–		585,6 €	-92.1%	7,4 k €	+469%	1,3 k €	+17.6%	1,1 k €	+18.1%	936 €	+302%	233 €
Debts	1,4 M €	+12.0%	1,2 M €	-10.0%	1,3 M €	+27.5%	1,1 M €	+9.7%	963,2 k €	+15.2%	836,2 k €	+15.9%	721,4 k €	+12.1%	643,5 k €	+56.3%	411,8 k €	-23.0%	534,8 k €	+23.6%	432,7 k €	+298%	108,7 k €	-33.9%	164,3 k €	-21.5%	209,2 k €	+28.5%	162,8 k €	+88.3%	86,5 k €	+10.8%	78,1 k €	-28.5%	109,2 k €	+22.4%	89,2 k €	-19.7%	111,1 k €
Other
Workforce	5,1 ETP	-7.3%	5,5 ETP	-5.2%	5,8 ETP	+16.0%	5,0 ETP	+51.5%	3,3 ETP	-5.7%	3,5 ETP	+12.9%	3,1 ETP		–		–		–		2,0 ETP	+11.1%	1,8 ETP	0.0%	1,8 ETP	-45.5%	3,3 ETP	+13.8%	2,9 ETP	+222%	0,9 ETP	-43.8%	1,6 ETP	-20.0%	2,0 ETP	-20.0%	2,5 ETP	-24.2%	3,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Henk Maes

Director

Active

Ended mandates

Thomas Maes

Director · since 01 octobre 2020

Ended

Henk MAES

Manager · since 27 octobre 2010

Ended

Anne-Sophie Maes

Director

Ended

Christine NOTEBAERT

Manager

Ended

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	01/01/2025	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	23/07/2026	22/07/2025	21/06/2024	26/07/2023	19/07/2022	24/08/2021
General meeting	09/07/2026	30/06/2025	11/06/2024	22/06/2023	30/05/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/07/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	22/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	19/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	22/07/2019	French	PDF
Micro model	31/12/2017	28/05/2018	28/06/2018	French	PDF
Micro modelCorrection	31/12/2016	29/05/2017	23/11/2017	French	PDF
Micro model	31/12/2016	29/05/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	09/10/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	30/10/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	30/11/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	25/05/2009	10/11/2009	French	PDF
Abridged model	31/12/2007	21/06/2008	19/12/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	29/11/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 7 ended

Active mandates

Henk Maes

Director

Active

Ended mandates

Thomas Maes

Director · since 01 octobre 2020

Ended

Henk MAES

Manager · since 27 octobre 2010

Ended

Anne-Sophie Maes

Director

Ended

Christine NOTEBAERT

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates14/04/2022
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates04/02/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office07/07/2016
SIEGE SOCIAL
PDF
Mandates09/11/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 2025108,2 k €↑
2024
Annual accounts 202442,5 k €↓
2023
Annual accounts 2023104,6 k €↓
2023
Name changeASTB
2022
Annual accounts 2022131,2 k €↓
2021
Annual accounts 2021138,8 k €↑
2020
Annual accounts 202089,7 k €↑
2019
Annual accounts 201917,8 k €↓
2018
Annual accounts 201865,4 k €↑
2017
Annual accounts 20172,3 k €↓
2016
Annual accounts 201611 k €↑
2015
Annual accounts 20159,9 k €↓
2014
Annual accounts 201435,5 k €↑
2013
Annual accounts 20134,9 k €↑
2012
Annual accounts 2012-8,7 k €↓
2011
Annual accounts 20112,4 k €↑
2010
Annual accounts 2010-9,5 k €↓
2009
Annual accounts 20092,7 k €↓
2008
Annual accounts 20083 k €↑
2007
Annual accounts 2007-5,7 k €↓
2006
Annual accounts 2006-1,4 k €
2006
Name changeASSOCIATIE STOCKMAG BENELUX
15/09/1981
IncorporationPrivate 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

Associatie STOCKMAG BENELUX

Overview

What does Associatie STOCKMAG BENELUX do?

Trend over 20 financial years

Indicative valuation

Board of directors

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