ACTIVE

STOVE

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Financial year 2025 · closed on 30/06/2025

Net result

135,1 k €

+2681.5% YoY

Gross margin

833,5 k €

+6.6% YoY

Equity

490,2 k €

+38.0% YoY

Workforce

6,8 ETP

-16.0% YoY

What does STOVE do?

STOVE is a Private limited company incorporated in 1984. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Izegem. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.869.986

Incorporation

20/06/1984

Legal form

Private limited company

Registered office

Lodewijk de Raetlaan 37
8870 Izegem · FlandreSee on map

Contributed capital

11 210,23 €

Latest accounts

30/06/2025

Average workforce

6,8 ETP

Activities (NACE)

28299Manufacture of other general-purpose machinery n.e.c.· main 28299Manufacture of other general-purpose machinery n.e.c.29430Manufacture of motor vehicles, trailers and semi-trailers 25639Treatment and coating of metals; machining 25739Manufacture of tools 28620Manufacture of machinery and equipment n.e.c.+6

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	833,5 k €	+6.6%	781,5 k €	+9.4%	714,6 k €	+13.6%	629 k €	+11.3%	565,1 k €	-18.8%	696,2 k €	+42.5%	488,5 k €	+1.5%	481,2 k €	+5.4%	456,4 k €	-6.1%	486,2 k €	-5.3%	513,2 k €	+31.1%	391,6 k €	+31.0%	298,8 k €	-7.7%	323,6 k €	+18.2%	273,8 k €	+27.6%	214,5 k €	+40.7%	152,5 k €	+7.4%	141,9 k €	-24.9%	188,9 k €
EBITDA	330,3 k €	+136%	140,3 k €	+10.7%	126,7 k €	+28.9%	98,2 k €	-3.6%	101,9 k €	+5.5%	96,6 k €	-20.6%	121,6 k €	+22.8%	99,1 k €	-1.8%	100,9 k €	+1.8%	99,1 k €	-26.6%	135 k €	+30.8%	103,2 k €	+163%	39,3 k €	-66.8%	118,6 k €	+14.6%	103,5 k €	+1.3%	102,1 k €	+31.4%	77,7 k €	+88.2%	41,3 k €	-27.7%	57,1 k €
Operating result	254,1 k €	+258%	71 k €	+29.4%	54,8 k €	+48.0%	37 k €	-15.7%	43,9 k €	+27.9%	34,4 k €	-42.8%	60,1 k €	+14.1%	52,7 k €	+66.3%	31,7 k €	-33.1%	47,4 k €	-28.3%	66,1 k €	+75.3%	37,7 k €	+513%	-9,1 k €	-111%	79,5 k €	+11.8%	71,1 k €	-13.7%	82,4 k €	+27.8%	64,4 k €	+136%	27,3 k €	-21.9%	35 k €
Net result	135,1 k €	+2682%	4,9 k €	-71.8%	17,2 k €	+29.8%	13,3 k €	-46.2%	24,7 k €	+79.2%	13,8 k €	-60.7%	35 k €	+39.0%	25,2 k €	+127%	11,1 k €	-26.9%	15,2 k €	-66.3%	45,1 k €	+210%	-40,9 k €	-48.4%	-27,6 k €	-139%	70,5 k €	+58.5%	44,5 k €	-21.9%	57 k €	+63.5%	34,9 k €	+229%	10,6 k €	-47.5%	20,2 k €
Balance sheet
Equity	490,2 k €	+38.0%	355,1 k €	-42.7%	619,8 k €	+2.9%	602,6 k €	+2.3%	589,3 k €	+4.4%	564,6 k €	+2.5%	550,9 k €	+6.8%	515,8 k €	+5.1%	490,7 k €	+2.3%	479,6 k €	+3.3%	464,4 k €	+10.8%	419,2 k €	-8.9%	460,1 k €	-5.7%	487,7 k €	+6.7%	457,2 k €	+10.8%	412,6 k €	+16.0%	355,6 k €	+10.9%	320,7 k €	+3.4%	310,1 k €
Total assets	1,8 M €	+3.2%	1,7 M €	-18.8%	2,1 M €	+25.6%	1,7 M €	-6.7%	1,8 M €	-7.0%	2 M €	+12.7%	1,7 M €	+17.0%	1,5 M €	-14.0%	1,7 M €	-7.1%	1,9 M €	+24.6%	1,5 M €	+7.8%	1,4 M €	+15.4%	1,2 M €	+15.4%	1 M €	+20.8%	861,6 k €	-14.3%	1 M €	-8.8%	1,1 M €	+35.1%	815,1 k €	+12.0%	727,5 k €
Cash	81,9 k €	-36.4%	128,7 k €	+42.4%	90,4 k €	+119%	41,2 k €	-54.0%	89,5 k €	+109%	42,8 k €	-56.1%	97,4 k €	+233%	29,3 k €	+313%	7,1 k €	-93.8%	114,6 k €	+3288%	3,4 k €	+156%	1,3 k €	+119%	604 €	+224%	186,5 €	-99.3%	26,5 k €	-76.0%	110,3 k €	+1675%	6,2 k €	-75.0%	24,9 k €	+72.1%	14,4 k €
Debts	1,3 M €	-5.8%	1,4 M €	-9.0%	1,5 M €	+37.6%	1,1 M €	-10.9%	1,2 M €	-11.6%	1,4 M €	+17.3%	1,2 M €	+26.6%	938,6 k €	-22.1%	1,2 M €	-10.7%	1,3 M €	+35.4%	997,1 k €	+3.2%	966 k €	+30.5%	740,2 k €	+33.9%	552,7 k €	+36.7%	404,4 k €	-31.7%	592,2 k €	-20.6%	745,7 k €	+50.8%	494,4 k €	+18.5%	417,4 k €
Other
Workforce	6,8 ETP	-16.0%	8,1 ETP	-1.2%	8,2 ETP	-2.4%	8,4 ETP	+16.7%	7,2 ETP	-15.3%	8,5 ETP	+13.3%	7,5 ETP	+11.9%	6,7 ETP	+4.7%	6,4 ETP	+28.0%	5,0 ETP	+11.1%	4,5 ETP	-21.1%	5,7 ETP	+26.7%	4,5 ETP	+15.4%	3,9 ETP	+5.4%	3,7 ETP	+54.2%	2,4 ETP	+60.0%	1,5 ETP	-28.6%	2,1 ETP	-8.7%	2,3 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 30/06/2025 · 1 active · 4 ended

Active mandates

Kurt STOVE

Director

Active

Ended mandates

KURT STOVE

Manager · since 24 juin 2000

Ended

Kurt STOVE

Manager

Ended

Véronique LAMBRECHT

Director

Ended

Véronique LAMBRECHT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EENHEID STOVE● Active	1007.220.581
GHEYMAX● Active	1036.643.057

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/02/2026	10/02/2025	14/12/2023	27/01/2023	03/02/2022	05/02/2021
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	05/02/2026	Dutch	PDF
Abridged model	30/06/2024	29/11/2024	10/02/2025	Dutch	PDF
Abridged model	30/06/2023	24/11/2023	14/12/2023	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	27/01/2023	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	03/02/2022	Dutch	PDF
Abridged model	30/06/2020	27/11/2020	05/02/2021	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	10/02/2017	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	02/02/2016	Dutch	PDF
Abridged model	30/06/2014	28/11/2014	12/02/2015	Dutch	PDF
Abridged model	30/06/2013	20/11/2013	10/02/2014	Dutch	PDF
Abridged model	30/06/2012	23/11/2012	04/02/2013	Dutch	PDF
Abridged model	30/06/2011	25/11/2011	06/02/2012	Dutch	PDF
Abridged model	30/06/2010	26/11/2010	28/01/2011	Dutch	PDF
Abridged model	30/06/2009	27/11/2009	11/01/2010	Dutch	PDF
Abridged model	30/06/2008	28/11/2008	02/01/2009	Dutch	PDF
Abridged model	30/06/2007	23/11/2007	30/01/2008	Dutch	PDF
Abridged model	30/06/2006	24/11/2006	31/01/2007	Dutch	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 30/06/2025 · 1 active · 4 ended

Active mandates

Kurt STOVE

Director

Active

Ended mandates

KURT STOVE

Manager · since 24 juin 2000

Ended

Kurt STOVE

Manager

Ended

Véronique LAMBRECHT

Director

Ended

Véronique LAMBRECHT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring18/03/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring21/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/11/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025135,1 k €↑
2024
Annual accounts 20244,9 k €↓
2023
Annual accounts 202317,2 k €↑
2022
Annual accounts 202213,3 k €↓
2021
Annual accounts 202124,7 k €↑
2020
Annual accounts 202013,8 k €↓
2019
Annual accounts 201935 k €↑
2018
Annual accounts 201825,2 k €↑
2017
Annual accounts 201711,1 k €↓
2016
Annual accounts 201615,2 k €↓
2015
Annual accounts 201545,1 k €↑
2014
Annual accounts 2014-40,9 k €↓
2013
Annual accounts 2013-27,6 k €↓
2012
Annual accounts 201270,5 k €↑
2011
Annual accounts 201144,5 k €↓
2010
Annual accounts 201057 k €↑
2009
Annual accounts 200934,9 k €↑
2008
Annual accounts 200810,6 k €↓
2007
Annual accounts 200720,2 k €
20/06/1984
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

STOVE

Overview

What does STOVE do?

Trend over 19 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