ACTIVE

ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL

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Financial year 2025 · closed on 31/12/2025

Net result

-499,7 k €

-164.4% YoY

Revenue

26,7 M €

+3.5% YoY

Equity

41,1 M €

-1.2% YoY

Workforce

151,2 ETP

+1.1% YoY

What does ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL do?

ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL is a Public limited company incorporated in 1991. Its registered office is in Zelzate. It employs on average 151,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.177.945

Incorporation

17/05/1991

Legal form

Public limited company

Registered office

Pres. J.F. Kennedylaan 3
9060 Zelzate · FlandreSee on map

Contributed capital

57 906 834,68 €

Latest accounts

31/12/2025

Average workforce

151,2 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2008		2007		2006
Income statement
Revenue	26,7 M €	+3.5%	25,8 M €	+6.9%	24,2 M €	+5.8%	22,8 M €	+6.0%	21,5 M €	+6.3%	20,3 M €	-21.5%	25,8 M €	+2.3%	25,2 M €	-1.0%	25,5 M €	+2.5%	24,9 M €	+4.9%	23,7 M €	+9.8%	21,6 M €	+13.8%	19 M €	-3.3%	19,6 M €	+1.4%	19,4 M €	+9.6%	17,7 M €	+16.7%	15,1 M €	+2.5%	14,8 M €
EBITDA	16,1 M €	+1.6%	15,8 M €	-5.0%	16,7 M €	+12.7%	14,8 M €	-3.4%	15,3 M €	+17.9%	13 M €	-16.6%	15,6 M €	+15.1%	13,5 M €	+5.2%	12,9 M €	+16.9%	11 M €	+147%	4,5 M €	+195%	1,5 M €	+41.6%	1,1 M €	+188%	370 k €	-53.3%	791,6 k €	-56.4%	1,8 M €	+1688%	-114,3 k €	+93.3%	-1,7 M €
Operating result	-45,4 k €	-132%	142,1 k €	+653%	18,9 k €	-94.9%	370,5 k €	-42.1%	640,4 k €	+2940%	-22,6 k €	-102%	1 M €	+67.7%	608,3 k €	+112%	286,4 k €	-56.4%	656,6 k €	-25.0%	876 k €	+187%	-1 M €	+41.9%	-1,7 M €	+27.3%	-2,4 M €	-56.5%	-1,5 M €	-1122%	-124,7 k €	+94.9%	-2,5 M €	+19.1%	-3 M €
Net result	-499,7 k €	-164%	775,4 k €	+39.4%	556,2 k €	+14.8%	484,5 k €	-18.6%	595 k €	+940%	-70,8 k €	-108%	929,4 k €	+60.6%	578,9 k €	+66.4%	347,9 k €	-50.7%	706,1 k €	+130%	-2,3 M €	-241%	-680,2 k €	+63.4%	-1,9 M €	+15.0%	-2,2 M €	-38.2%	-1,6 M €	-447%	-289,3 k €	+85.7%	-2 M €	+27.8%	-2,8 M €
Balance sheet
Equity	41,1 M €	-1.2%	41,5 M €	+1.9%	40,8 M €	+1.4%	40,2 M €	+1.2%	39,7 M €	+1.5%	39,1 M €	-0.2%	39,2 M €	+2.4%	38,3 M €	+1.5%	37,7 M €	+0.9%	37,4 M €	+1.9%	36,6 M €	-6.0%	39 M €	-1.7%	39,6 M €	-4.5%	41,5 M €	+22.3%	33,9 M €	+15.0%	29,5 M €	-1.0%	29,8 M €	+13.6%	26,3 M €
Total assets	51,1 M €	+0.5%	50,8 M €	-4.1%	53 M €	+6.2%	49,9 M €	-2.6%	51,2 M €	+12.0%	45,8 M €	-2.0%	46,7 M €	+3.5%	45,1 M €	+0.4%	44,9 M €	+0.4%	44,7 M €	+0.8%	44,4 M €	-9.2%	48,9 M €	+6.2%	46 M €	-6.8%	49,4 M €	+21.1%	40,8 M €	+8.6%	37,5 M €	+5.5%	35,6 M €	+12.8%	31,5 M €
Cash	26,1 k €	-0.7%	26,2 k €	+19.7%	21,9 k €	+8.8%	20,1 k €	-3.8%	20,9 k €	-0.4%	21 k €	-0.2%	21,1 k €	-0.5%	21,2 k €	-49.6%	42,1 k €	+92.5%	21,8 k €	-2.6%	22,4 k €	+2.2%	21,9 k €	+4.1%	21,1 k €	+964%	2 k €	+31.6%	1,5 k €	-98.5%	100 k €		–		–
Debts	7,3 M €	+8.4%	6,7 M €	-28.3%	9,4 M €	+22.2%	7,7 M €	-23.5%	10,1 M €	+99.3%	5,1 M €	-20.8%	6,4 M €	+4.5%	6,1 M €	-2.2%	6,2 M €	-0.3%	6,3 M €	-7.2%	6,7 M €	-25.7%	9,1 M €	+64.6%	5,5 M €	-21.1%	7 M €	+25.9%	5,5 M €	-18.3%	6,8 M €	+31.8%	5,1 M €	+4.8%	4,9 M €
Other
Workforce	151,2 ETP	+1.1%	149,5 ETP	+7.2%	139,4 ETP	+9.7%	127,1 ETP	+0.8%	126,1 ETP	-4.3%	131,8 ETP	+1.5%	129,8 ETP	+3.9%	124,9 ETP	+0.2%	124,6 ETP	+3.1%	120,9 ETP	+0.4%	120,4 ETP	+4.1%	115,7 ETP	+0.8%	114,8 ETP	-8.5%	125,5 ETP	-6.2%	133,8 ETP	+9.8%	121,9 ETP	+6.1%	114,9 ETP	+4.7%	109,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 77 ended

Active mandates

Annie VAN DE VEL

Director · since 06 mai 2020 · until 03 mai 2028

Active

DEMANCO

Director · since 17 juin 2019 · until 03 mai 2028 · 0459.096.347

Represented by Marc DE PAUW

Active

Nicolas DE ABAJO MARTINEZ

Chairman of the board of directors · since 01 janvier 2019 · until 03 mai 2028

Active

Manfred VAN VLIERBERGHE

Director · since 11 décembre 2017 · until 03 mai 2028

Active

Hanna PIORKOWSKA

Director · since 04 mai 2016 · until 03 mai 2028

Active

Olivier BRUN

Director · since 04 mai 2016 · until 03 mai 2028

Active

SESEMET

Managing director · since 04 mai 2016 · until 03 mai 2028 · 0828.462.746

Represented by Sven VANDEPUTTE

Active

A-SK

Director · since 07 mai 2014 · until 03 mai 2028 · 0826.317.759

Represented by Kristiaan STEVENS

Active

Ended mandates

Annie VAN DE VEL

Director · since 06 mai 2020 · until 06 mai 2026

Ended

DEMANCO

Director · since 17 juin 2019 · until 04 mai 2022 · 0459.096.347

Represented by Marc DE PAUW

Ended

NICOLAS DE ABAJO MARTINEZ

Chairman of the board of directors · since 01 janvier 2019 · until 04 mai 2022

Ended

Manfred VAN VLIERBERGHE

Director · since 11 décembre 2017 · until 04 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
FININDUS● Active	0404.535.926
FINOCAS● Active	0428.920.241
GUARANTEED● Active	0730.896.384

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	18/05/2026	19/05/2025	28/05/2024	08/05/2023	18/05/2022	26/05/2021
General meeting	06/05/2026	07/05/2025	02/05/2024	03/05/2023	04/05/2022	05/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/05/2026	18/05/2026	Dutch	PDF
Full model	31/12/2024	07/05/2025	19/05/2025	Dutch	PDF
Full model	31/12/2023	02/05/2024	28/05/2024	Dutch	PDF
Full model	31/12/2022	03/05/2023	08/05/2023	Dutch	PDF
Full model	31/12/2021	04/05/2022	18/05/2022	Dutch	PDF
Full model	31/12/2020	05/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	06/05/2020	11/05/2020	Dutch	PDF
Full model	31/12/2018	02/05/2019	24/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	16/05/2018	Dutch	PDF
Full model	31/12/2016	03/05/2017	12/05/2017	Dutch	PDF
Full model	31/12/2015	04/05/2016	10/05/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	19/05/2015	Dutch	PDF
Full model	31/12/2013	07/05/2014	13/05/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	21/05/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	29/05/2012	Dutch	PDF
Full model	31/12/2010	04/05/2011	19/05/2011	Dutch	PDF
Full model	31/12/2009	05/05/2010	12/05/2010	Dutch	PDF
Full model	31/12/2008	06/05/2009	11/05/2009	Dutch	PDF
Full model	31/12/2007	07/05/2008	20/05/2008	Dutch	PDF
Full model	31/12/2006	02/05/2007	30/05/2007	Dutch	PDF

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.

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 · 8 active · 77 ended

Active mandates

Annie VAN DE VEL

Director · since 06 mai 2020 · until 03 mai 2028

Active

DEMANCO

Director · since 17 juin 2019 · until 03 mai 2028 · 0459.096.347

Represented by Marc DE PAUW

Active

Nicolas DE ABAJO MARTINEZ

Chairman of the board of directors · since 01 janvier 2019 · until 03 mai 2028

Active

Manfred VAN VLIERBERGHE

Director · since 11 décembre 2017 · until 03 mai 2028

Active

Hanna PIORKOWSKA

Director · since 04 mai 2016 · until 03 mai 2028

Active

Olivier BRUN

Director · since 04 mai 2016 · until 03 mai 2028

Active

SESEMET

Managing director · since 04 mai 2016 · until 03 mai 2028 · 0828.462.746

Represented by Sven VANDEPUTTE

Active

A-SK

Director · since 07 mai 2014 · until 03 mai 2028 · 0826.317.759

Represented by Kristiaan STEVENS

Active

Ended mandates

Annie VAN DE VEL

Director · since 06 mai 2020 · until 06 mai 2026

Ended

DEMANCO

Director · since 17 juin 2019 · until 04 mai 2022 · 0459.096.347

Represented by Marc DE PAUW

Ended

NICOLAS DE ABAJO MARTINEZ

Chairman of the board of directors · since 01 janvier 2019 · until 04 mai 2022

Ended

Manfred VAN VLIERBERGHE

Director · since 11 décembre 2017 · until 04 mai 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/04/2025
KAPITAAL - AANDELEN
PDF
Other30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2017
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

2025
Annual accounts 2025-499,7 k €↓
07/05/2025
nominationEvelien De Groote — bedrijfsrevisor
01/02/2025
nominationSerge Claessens — lasthebber
2024
Annual accounts 2024775,4 k €↑
2023
Annual accounts 2023556,2 k €↑
2022
Annual accounts 2022484,5 k €↓
04/05/2022
reconductionOlivier Brun — bestuurder
04/05/2022
reconductionManfred Van Viierberghe — bestuurder
04/05/2022
reconductionNicolas de Abajo — bestuurder
04/05/2022
reconductionHanna Piorkowska — bestuurder
04/05/2022
reconductionAn Van de Vel — bestuurder
04/05/2022
reconductionA-SK bvba — bestuurder
04/05/2022
nominationKris Stevens — vast vertegenwoordiger van A-SK bvba
04/05/2022
reconductionDEMANCO NV — bestuurder
04/05/2022
nominationMarc De Pauw — vast vertegenwoordiger van DEMANCO NV
04/05/2022
reconductionSESEMET bv — bestuurder
04/05/2022
nominationSven Vandeputte — vast vertegenwoordiger van SESEMET bv
01/01/2022
nominationErnst&Young : Bedrijfsrevisoren BV — bedrijfsrevisor
01/01/2022
nominationLieve Cornelis — vertegenwoordiging van Ernst&Young
2021
Annual accounts 2021595 k €↑
2020
Annual accounts 2020-70,8 k €↓
2019
Annual accounts 2019929,4 k €↑
2018
Annual accounts 2018578,9 k €↑
2017
Annual accounts 2017347,9 k €↓
2016
Annual accounts 2016706,1 k €↑
2015
Annual accounts 2015-2,3 M €↓
2014
Annual accounts 2014-680,2 k €↑
2013
Annual accounts 2013-1,9 M €↑
2012
Annual accounts 2012-2,2 M €↓
2010
Annual accounts 2010-1,6 M €↓
2008
Annual accounts 2008-289,3 k €↑
2007
Annual accounts 2007-2 M €↑
2006
Annual accounts 2006-2,8 M €
17/05/1991
IncorporationPublic 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

ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL

Overview

What does ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL do?

Trend over 18 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