ACTIVE

Stucua

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Financial year 2024 · closed on 31/12/2024

Net result

-2,5 M €

-2338.1% YoY

Revenue

17 M €

-4.4% YoY

Equity

727,8 k €

-77.6% YoY

Workforce

153,1 ETP

+0.2% YoY

What does Stucua do?

Stucua is a Non-profit organization incorporated in 1987. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Steenokkerzeel. It employs on average 153,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.433.603

Incorporation

25/11/1987

Legal form

Non-profit organization

Registered office

Stationslaan 19
1820 Steenokkerzeel · FlandreSee on map

Latest accounts

31/12/2024

Average workforce

153,1 ETP

Activities (NACE)

74879Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.71201Technical testing and analysis 71201Technical testing and analysis

Joint committees (1)

Signals

Healthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	17 M €	-4.4%	17,8 M €	+18.8%	15 M €	+14.2%	13,1 M €		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-287,4 k €	-114%	2,1 M €	+122%	955,6 k €	+1.5%	941,5 k €	-47.3%	1,8 M €	+164%	678 k €	+22.6%	553,1 k €	+31.3%	421,1 k €	+40.1%	300,5 k €	+92.1%	156,4 k €	+40.9%	111 k €	-28.1%	154,4 k €	-54.5%	339,7 k €	-20.6%	427,6 k €	-15.6%	506,9 k €
Operating result	-1 M €	-366%	381,6 k €	-6.0%	405,7 k €	-19.2%	502,1 k €	-62.7%	1,3 M €	+356%	295,1 k €	-9.8%	327,2 k €	+62.2%	201,8 k €	+67.6%	120,4 k €	+310%	29,4 k €	+326%	6,9 k €	-47.7%	13,2 k €	-85.6%	91,7 k €	-44.3%	164,6 k €	-25.8%	221,9 k €
Net result	-2,5 M €	-2338%	112,7 k €	-3.9%	117,3 k €	-42.9%	205,4 k €	-79.5%	1 M €	+199%	334,7 k €	-4.8%	351,4 k €	+66.8%	210,7 k €	+79.7%	117,2 k €	+68447%	171 €	+906%	17 €	-99.2%	2 k €	-96.2%	52,7 k €	-59.5%	130,2 k €	-28.3%	181,7 k €
Balance sheet
Equity	727,8 k €	-77.6%	3,2 M €	+3.6%	3,1 M €	+3.9%	3 M €	+7.3%	2,8 M €	+55.3%	1,8 M €	+22.6%	1,5 M €	+31.2%	1,1 M €	+23.0%	915,7 k €	+14.7%	798,5 k €	+0.0%	798,4 k €	+0.0%	798,3 k €	+0.3%	796,3 k €	+7.1%	743,6 k €	+21.2%	613,3 k €
Total assets	5,2 M €	-37.8%	8,4 M €	+12.3%	7,4 M €	+18.9%	6,3 M €	-3.9%	6,5 M €	+47.0%	4,4 M €	+51.1%	2,9 M €	+8.0%	2,7 M €	+18.5%	2,3 M €	+12.4%	2 M €	+22.7%	1,7 M €	-2.4%	1,7 M €	-6.9%	1,8 M €	-2.5%	1,9 M €	-6.7%	2 M €
Cash	473,8 k €	-33.3%	709,8 k €	-8.2%	773 k €	-1.5%	784,4 k €	-14.7%	919,8 k €	+27.1%	723,4 k €	+44.2%	501,6 k €	+0.5%	499,1 k €	+30.3%	382,9 k €	+26.2%	303,4 k €	+13.0%	268,4 k €	+13.4%	236,7 k €	+36.3%	173,6 k €	-4.3%	181,3 k €	-18.3%	222 k €
Debts	4,5 M €	-12.7%	5,1 M €	+18.6%	4,3 M €	+32.9%	3,2 M €	-12.4%	3,7 M €	+41.5%	2,6 M €	+80.2%	1,4 M €	-6.5%	1,5 M €	+16.8%	1,3 M €	+7.1%	1,2 M €	+43.8%	861,1 k €	-4.5%	901,5 k €	-11.7%	1 M €	-9.2%	1,1 M €	-19.3%	1,4 M €
Other
Workforce	153,1 ETP	+0.2%	152,8 ETP	+16.2%	131,5 ETP	+12.9%	116,5 ETP	+19.4%	97,6 ETP	+18.4%	82,4 ETP	+18.1%	69,8 ETP	+4.8%	66,6 ETP	+4.6%	63,7 ETP	-0.2%	63,8 ETP	-8.2%	69,5 ETP	+2.7%	67,7 ETP	+6.3%	63,7 ETP	+1.6%	62,7 ETP	+12.2%	55,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 19 ended

Active mandates

ET IMMO

Mandate · 0715.780.717

Represented by Christina De Valck

Active

Hendrik Vandervorst

Mandate

Active

Jan Van hoof

Mandate

Active

NINA

Director · until 27 août 2024 · 0697.906.387

Represented by Ellen Vandervorst

Active

Ended mandates

ET IMMO

Director · since 01 août 2019 · 0715.780.717

Represented by Christina De Valck

Ended

NINA

Managing director · since 01 août 2019 · 0697.906.387

Represented by Ellen Vandervorst

Ended

Christina De Valck

Director · since 19 décembre 2018 · until 31 juillet 2019

Ended

Ellen Vandervorst

Managing director · since 12 février 2016 · until 31 juillet 2019

Ended

At this address

Other companies at this address

Company	CBE no.
C.E.E. VANDERVORST● Active	0874.437.776
ET IMMO● Active	0715.780.717
STUCUA● Active	1025.024.239

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2025	20/05/2025	09/10/2023	24/11/2022	30/07/2021	14/08/2020
General meeting	23/06/2025	14/05/2025	30/06/2023	24/11/2022	30/06/2021	30/06/2020
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	23/06/2025	25/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	14/05/2025	20/05/2025	Dutch	PDF
Full model	31/12/2023	21/08/2024	07/11/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	09/10/2023	Dutch	PDF
Full model	31/12/2021	24/11/2022	24/11/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	06/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	18/08/2011	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 19 ended

Active mandates

ET IMMO

Mandate · 0715.780.717

Represented by Christina De Valck

Active

Hendrik Vandervorst

Mandate

Active

Jan Van hoof

Mandate

Active

NINA

Director · until 27 août 2024 · 0697.906.387

Represented by Ellen Vandervorst

Active

Ended mandates

ET IMMO

Director · since 01 août 2019 · 0715.780.717

Represented by Christina De Valck

Ended

NINA

Managing director · since 01 août 2019 · 0697.906.387

Represented by Ellen Vandervorst

Ended

Christina De Valck

Director · since 19 décembre 2018 · until 31 juillet 2019

Ended

Ellen Vandervorst

Managing director · since 12 février 2016 · until 31 juillet 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/05/2026
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other23/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2023
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

2024
Annual accounts 2024-2,5 M €↓
2023
Annual accounts 2023112,7 k €↓
2022
Annual accounts 2022117,3 k €↓
2021
Annual accounts 2021205,4 k €↓
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019334,7 k €↓
2018
Annual accounts 2018351,4 k €↑
2017
Annual accounts 2017210,7 k €↑
2016
Annual accounts 2016117,2 k €↑
2015
Annual accounts 2015171 €↑
2014
Annual accounts 201417 €↓
2013
Annual accounts 20132 k €↓
2012
Annual accounts 201252,7 k €↓
2011
Annual accounts 2011130,2 k €↓
2010
Annual accounts 2010181,7 k €
25/11/1987
IncorporationNon-profit organization

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

Stucua

Overview

What does Stucua do?

Trend over 15 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