STIBBE
0429.914.688 · rovalta.com · 23/09/2026
ACTIVE
STIBBE
Financial year 2025 · closed on 31/12/2025
Net result
23,1 M €
+11.7% YoY
Revenue
68,9 M €
+9.5% YoY
Equity
2,3 M €
-12.8% YoY
Workforce
71,0 ETP
+0.7% YoY
Overview
What does STIBBE do?
STIBBE is a Private limited company incorporated in 1986. Its registered office is in Bruxelles. It employs on average 71,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0429.914.688
Incorporation
24/11/1986
Legal form
Private limited company
Registered office
Rue de Loxum 25
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
2 250 000,00 €
Latest accounts
31/12/2025
Average workforce
71,0 ETP
Joint committees (2)
- 200
- 336
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue
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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 | |||||||||||||||||||||||||||||||||||
| Revenue | 68,9 M € | +9.5% | 62,9 M € | -3.5% | 65,2 M € | +14.0% | 57,2 M € | +7.8% | 53,1 M € | +0.4% | 52,8 M € | +12.7% | 46,9 M € | +2.8% | 45,6 M € | -1.6% | 46,3 M € | -1.4% | 46,9 M € | -1.5% | 47,7 M € | +3.4% | 46,1 M € | -2.5% | 47,3 M € | +2.0% | 46,3 M € | -4.3% | 48,4 M € | +6.8% | 45,3 M € | +0.1% | 45,3 M € | +3.2% | 43,9 M € |
| EBITDA | 24,2 M € | +10.7% | 21,8 M € | -4.1% | 22,8 M € | +10.2% | 20,7 M € | +0.8% | 20,5 M € | +5.5% | 19,4 M € | +46.2% | 13,3 M € | -3.4% | 13,8 M € | +2.0% | 13,5 M € | -3.3% | 14 M € | +7.5% | 13 M € | -7.4% | 14 M € | -3.1% | 14,5 M € | +13.9% | 12,7 M € | -18.0% | 15,5 M € | +9.3% | 14,2 M € | -5.5% | 15 M € | +0.2% | 15 M € |
| Operating result | 23,3 M € | +11.5% | 20,9 M € | -3.8% | 21,8 M € | +7.5% | 20,2 M € | -0.4% | 20,3 M € | +3.5% | 19,6 M € | +48.0% | 13,3 M € | -2.2% | 13,6 M € | +6.5% | 12,7 M € | -0.5% | 12,8 M € | +10.2% | 11,6 M € | -9.8% | 12,9 M € | -2.5% | 13,2 M € | +13.7% | 11,6 M € | -19.5% | 14,4 M € | +7.9% | 13,4 M € | -2.4% | 13,7 M € | -4.3% | 14,3 M € |
| Net result | 23,1 M € | +11.7% | 20,7 M € | -3.8% | 21,5 M € | +7.6% | 20 M € | -0.6% | 20,1 M € | +3.6% | 19,4 M € | +49.6% | 13 M € | -2.5% | 13,3 M € | +7.6% | 12,4 M € | -0.2% | 12,4 M € | +10.2% | 11,3 M € | -9.5% | 12,4 M € | -3.9% | 13 M € | +13.2% | 11,4 M € | -20.6% | 14,4 M € | +7.7% | 13,4 M € | -2.1% | 13,7 M € | -3.6% | 14,2 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,3 M € | -12.8% | 2,6 M € | +1.2% | 2,6 M € | -3.4% | 2,6 M € | +6.0% | 2,5 M € | 0.0% | 2,5 M € | +0.6% | 2,5 M € | +6.5% | 2,3 M € | -9.7% | 2,6 M € | +3.0% | 2,5 M € | 0.0% | 2,5 M € | +0.4% | 2,5 M € | -3.9% | 2,6 M € | -1.0% | 2,6 M € | -8.3% | 2,9 M € | -10.8% | 3,2 M € | -8.2% | 3,5 M € | -35.4% | 5,4 M € |
| Total assets | 37,9 M € | +9.1% | 34,8 M € | -3.9% | 36,2 M € | +19.2% | 30,4 M € | +5.0% | 28,9 M € | -4.2% | 30,2 M € | +26.9% | 23,8 M € | +2.3% | 23,2 M € | -31.6% | 34 M € | +28.6% | 26,4 M € | -3.8% | 27,5 M € | -1.3% | 27,8 M € | +11.9% | 24,9 M € | -3.5% | 25,8 M € | +13.4% | 22,7 M € | -1.7% | 23,1 M € | -15.6% | 27,4 M € | +8.3% | 25,3 M € |
| Cash | 1,7 M € | +135% | 711,9 k € | -48.0% | 1,4 M € | -49.6% | 2,7 M € | -30.5% | 3,9 M € | -52.1% | 8,2 M € | +737% | 975,3 k € | -1.0% | 985,6 k € | -89.3% | 9,2 M € | +381% | 1,9 M € | -43.5% | 3,4 M € | +98.3% | 1,7 M € | -1.5% | 1,7 M € | -7.2% | 1,9 M € | +77.2% | 1,1 M € | -25.6% | 1,4 M € | +7.1% | 1,3 M € | +50.8% | 875,6 k € |
| Debts | 34,8 M € | +11.5% | 31,2 M € | -4.1% | 32,6 M € | +23.0% | 26,5 M € | +2.2% | 25,9 M € | -5.8% | 27,5 M € | +30.2% | 21,1 M € | +3.2% | 20,5 M € | -33.6% | 30,8 M € | +30.4% | 23,6 M € | -3.9% | 24,6 M € | -2.1% | 25,1 M € | +13.8% | 22,1 M € | -3.3% | 22,8 M € | +16.5% | 19,6 M € | +0.3% | 19,5 M € | -13.5% | 22,6 M € | +18.5% | 19,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 71,0 ETP | +0.7% | 70,5 ETP | -1.5% | 71,6 ETP | -2.6% | 73,5 ETP | -1.2% | 74,4 ETP | -9.8% | 82,5 ETP | -7.7% | 89,4 ETP | -7.0% | 96,1 ETP | -0.3% | 96,4 ETP | +4.6% | 92,2 ETP | -12.7% | 105,6 ETP | +4.1% | 101,4 ETP | -2.7% | 104,2 ETP | -0.2% | 104,4 ETP | -4.8% | 109,7 ETP | +1.7% | 107,9 ETP | +6.2% | 101,6 ETP | +7.4% | 94,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 27 active · 80 ended
Active mandates
Active
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Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Advocatenkantoor HENK VERSTRAETE● Active | 0839.606.264 |
AVANTAGE REPLY (BELGIUM)● Active | 0835.162.872 |
Avenir Reply● Active | 0722.844.988 |
Business Elements Reply● Active | 0675.439.209 |
DKERDA● Active | 0718.672.010 |
DKV BELGIUM● Active | 0414.858.607 |
DKV Services Belgium● Active | 1034.830.543 |
ERGO Audit Hub Belgium● Active | 0690.957.526 |
ERGO INSURANCE● Active | 0414.875.829 |
| 0690.959.110 | |
GLEISS-LUTZ-HOOTZ-HIRSCH & PARTN● Active | 0544.194.645 |
HANS VAN BAVEL● Active | 0861.261.911 |
| 0867.548.994 | |
OLIVER STEVENS, ADVOCATENKANTOOR● Active | 0644.803.936 |
Raphaël Wettasinghe Avocat● Active | 1038.214.457 |
REPLY BELGIUM● Active | 0546.619.546 |
R. Nauwelaerts● Active | 0863.137.870 |
SISLEY Belgique● Active | 0836.849.781 |
SPRINT REPLY● Active | 0674.508.405 |
Twin Springs● Active | 1038.894.942 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 01/07/2025 | 18/06/2024 | 04/07/2023 | 05/07/2022 | 21/06/2021 |
| General meeting | 23/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 08/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
64 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 23/06/2026 | 30/06/2026 | Dutch | |
| Full model | 31/12/2025 | 23/06/2026 | 30/06/2026 | French | |
| Full model | 31/12/2024 | 10/06/2025 | 01/07/2025 | French | |
| Full model | 31/12/2024 | 10/06/2025 | 01/07/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 10/06/2025 | 03/07/2025 | French | |
| Consolidated accounts | 31/12/2024 | 10/06/2025 | 03/07/2025 | Dutch | |
| Full model | 31/12/2023 | 11/06/2024 | 18/06/2024 | French | |
| Full model | 31/12/2023 | 11/06/2024 | 18/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 11/06/2024 | 18/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 11/06/2024 | 18/06/2024 | French | |
| Full model | 31/12/2022 | 13/06/2023 | 04/07/2023 | Dutch | |
| Full model | 31/12/2022 | 13/06/2023 | 04/07/2023 | French | |
| Consolidated accounts | 31/12/2022 | 13/06/2023 | 04/07/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 13/06/2023 | 04/07/2023 | French | |
| Full model | 31/12/2021 | 14/06/2022 | 05/07/2022 | French | |
| Full model | 31/12/2021 | 14/06/2022 | 05/07/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 14/06/2022 | 05/07/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 14/06/2022 | 05/07/2022 | French | |
| Full model | 31/12/2020 | 08/06/2021 | 21/06/2021 | Dutch | |
| Full model | 31/12/2020 | 08/06/2021 | 21/06/2021 | French | |
| Consolidated accounts | 31/12/2020 | 08/06/2021 | 21/06/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 08/06/2021 | 21/06/2021 | French | |
| Full model | 31/12/2019 | 09/06/2020 | 02/07/2020 | French | |
| Full model | 31/12/2019 | 09/06/2020 | 02/07/2020 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 27 active · 80 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/07/2026DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates31/07/2026DIVERS - DEMISSIONS, NOMINATIONS
- Mandates30/07/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates30/07/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Other22/04/2026DIVERSEN
- Other22/04/2026DIVERS
- Mandates09/04/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates09/04/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202523,1 M €↑
- 2024Annual accounts 202420,7 M €↓
- 2023Annual accounts 202321,5 M €↑
- 2022Annual accounts 202220 M €↓
- 2021Annual accounts 202120,1 M €↑
- 2020Annual accounts 202019,4 M €↑
- 2019Annual accounts 201913 M €↓
- 2018Annual accounts 201813,3 M €↑
- 2017Annual accounts 201712,4 M €↓
- 2016Annual accounts 201612,4 M €↑
- 2015Annual accounts 201511,3 M €↓
- 2014Annual accounts 201412,4 M €↓
- 2013Annual accounts 201313 M €↑
- 2012Annual accounts 201211,4 M €↓
- 2011Annual accounts 201114,4 M €↑
- 2010Annual accounts 201013,4 M €↓
- 2009Annual accounts 200913,7 M €↓
- 2008Annual accounts 200814,2 M €
- 24/11/1986IncorporationPrivate limited company