ACTIVE

STIM-FORM

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Financial year 2025 · closed on 31/12/2025

Net result

211,8 k €

+891.8% YoY

Gross margin

931,6 k €

+32.9% YoY

Equity

1,4 M €

+4.8% YoY

Workforce

5,6 ETP

-12.5% YoY

What does STIM-FORM do?

STIM-FORM is a Private limited company incorporated in 2000. Its registered office is in Andenne. It employs on average 5,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.186.991

Incorporation

26/06/2000

Legal form

Private limited company

Registered office

Rue de Pontillas 346
5300 Andenne · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

5,6 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	931,6 k €	+32.9%	701,1 k €	-3.7%	727,7 k €	-45.3%	1,3 M €	+25.6%	1,1 M €	+24.7%	849,8 k €	-5.9%	903,5 k €	+14.5%	789,3 k €	-10.1%	878 k €	+26.6%	693,4 k €	+26.3%	549,1 k €	+8.8%	504,6 k €	+9.0%	462,9 k €	+9.5%	422,6 k €	+28.8%	328,1 k €	+51.4%	216,7 k €	+21.0%	179,1 k €	+20.4%	148,7 k €	-18.0%	181,3 k €	+53.8%	117,9 k €
EBITDA	389,5 k €	+370%	82,8 k €	+70.0%	48,7 k €	-92.5%	651,2 k €	+37.5%	473,6 k €	+35.9%	348,4 k €	-19.6%	433,2 k €	+28.3%	337,7 k €	-6.7%	361,7 k €	+22.3%	295,8 k €	+88.4%	157 k €	-17.6%	190,4 k €	+20.3%	158,2 k €	+106%	77 k €	-34.4%	117,3 k €	+38.2%	84,9 k €	-16.4%	101,5 k €	+486%	17,3 k €	-74.6%	68,2 k €	+55.8%	43,8 k €
Operating result	285,2 k €	+1652%	-18,4 k €	+72.4%	-66,5 k €	-112%	567,1 k €	+42.6%	397,6 k €	+31.9%	301,5 k €	-16.8%	362,2 k €	+27.9%	283,3 k €	-5.9%	301,2 k €	+24.9%	241,2 k €	+138%	101,4 k €	-32.5%	150,3 k €	+21.7%	123,5 k €	+190%	42,7 k €	-35.0%	65,6 k €	+75.1%	37,5 k €	-47.9%	71,9 k €	+1914%	-4 k €	-111%	37,5 k €	+78.0%	21,1 k €
Net result	211,8 k €	+892%	-26,8 k €	+57.6%	-63,1 k €	-114%	457,8 k €	+61.7%	283,1 k €	+27.0%	222,8 k €	-3.4%	230,8 k €	+28.4%	179,8 k €	+2.0%	176,3 k €	+25.4%	140,6 k €	+207%	45,8 k €	-7.3%	49,4 k €	-16.4%	59,1 k €	+2386%	2,4 k €	-88.9%	21,5 k €	+31.5%	16,3 k €	-60.0%	40,8 k €	+388%	-14,2 k €	-179%	18 k €	-12.4%	20,5 k €
Balance sheet
Equity	1,4 M €	+4.8%	1,3 M €	-2.0%	1,3 M €	-4.5%	1,4 M €	+23.0%	1,1 M €	+13.0%	999,6 k €	+7.5%	929,7 k €	+23.1%	754,9 k €	+22.7%	615,3 k €	+31.9%	466,6 k €	+47.9%	315,4 k €	+16.5%	270,7 k €	+21.7%	222,4 k €	+35.3%	164,5 k €	-2.5%	168,6 k €	+13.6%	148,5 k €	+65.1%	90 k €	+60.1%	56,2 k €	-20.1%	70,3 k €	+34.3%	52,4 k €
Total assets	2,5 M €	+23.3%	2 M €	-8.2%	2,2 M €	-8.7%	2,4 M €	+1.4%	2,4 M €	+2.9%	2,3 M €	+6.6%	2,2 M €	+13.7%	1,9 M €	+4.7%	1,8 M €	+12.5%	1,6 M €	+16.7%	1,4 M €	+20.3%	1,2 M €	+7.5%	1,1 M €	+5.7%	1 M €	-11.7%	1,2 M €	+21.1%	955,2 k €	+26.0%	758,4 k €	+37.3%	552,2 k €	+27.6%	432,7 k €	+20.3%	359,8 k €
Cash	167,4 k €	-63.9%	464,4 k €	+117%	214,3 k €	-65.6%	622,4 k €	+23.9%	502,2 k €	+2.7%	489,1 k €	+50.1%	325,9 k €	+21.3%	268,6 k €	+94.2%	138,3 k €	+101%	68,9 k €	+111%	32,6 k €	+133%	14 k €	-67.1%	42,5 k €	+4681%	888,9 €	-94.5%	16,1 k €	-63.1%	43,7 k €	+42.4%	30,7 k €	+50.5%	20,4 k €	-51.5%	42 k €	+19.7%	35,1 k €
Debts	1,1 M €	+56.1%	733,5 k €	-17.5%	889,5 k €	-14.2%	1 M €	-17.9%	1,3 M €	-4.7%	1,3 M €	+5.9%	1,3 M €	+7.5%	1,2 M €	-4.4%	1,2 M €	+5.4%	1,2 M €	+6.9%	1,1 M €	+21.5%	889,7 k €	+3.8%	857,3 k €	+0.1%	856,7 k €	-13.3%	987,9 k €	+22.5%	806,7 k €	+20.7%	668,4 k €	+34.8%	496 k €	+36.9%	362,4 k €	+18.3%	306,4 k €
Other
Workforce	5,6 ETP	-12.5%	6,4 ETP	-20.0%	8,0 ETP	+6.7%	7,5 ETP	+15.4%	6,5 ETP	+4.8%	6,2 ETP	+3.3%	6,0 ETP	-3.2%	6,2 ETP	-8.8%	6,8 ETP	+15.3%	5,9 ETP	-14.5%	6,9 ETP	+11.3%	6,2 ETP	+19.2%	5,2 ETP	-5.5%	5,5 ETP	+48.6%	3,7 ETP	-7.5%	4,0 ETP	+100%	2,0 ETP	0.0%	2,0 ETP	-28.6%	2,8 ETP	+40.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Arnaud MOTTE DIT FALISSE

Director · since 20 mars 2025

Active

Guillaume DE JAMBLINNE DE MEUX

Director · since 20 mars 2025

Active

Ended mandates

OL CONSULT

Director · since 14 septembre 2022 · until 20 mars 2025 · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Director · since 14 septembre 2022 · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Manager · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Manager · 0808.855.284

Represented by Olivier Lemmens

Ended

At this address

Other companies at this address

Company	CBE no.
Argu Health Rise● Active	1020.979.735
Immo Lem● Active	0695.661.729
OL CONSULT● Active	0808.855.284

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	30/06/2026	05/08/2025	12/08/2024	31/05/2023	26/07/2022	23/08/2021
General meeting	12/05/2026	05/07/2025	16/04/2024	18/04/2023	19/04/2022	20/04/2021
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
Abridged model	31/12/2025	12/05/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	05/07/2025	05/08/2025	French	PDF
Abridged model	31/12/2023	16/04/2024	12/08/2024	French	PDF
Abridged model	31/12/2022	18/04/2023	31/05/2023	French	PDF
Abridged model	31/12/2021	19/04/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	20/04/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	21/04/2020	03/08/2020	French	PDF
Abridged model	31/12/2018	16/04/2019	17/05/2019	French	PDF
Abridged model	31/12/2017	17/04/2018	20/04/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	29/06/2017	French	PDF
Abridged model	31/12/2015	19/04/2016	13/05/2016	French	PDF
Abridged model	31/12/2014	21/04/2015	03/06/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	01/08/2014	French	PDF
Abridged model	31/12/2012	26/07/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	16/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	18/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 8 ended

Active mandates

Arnaud MOTTE DIT FALISSE

Director · since 20 mars 2025

Active

Guillaume DE JAMBLINNE DE MEUX

Director · since 20 mars 2025

Active

Ended mandates

OL CONSULT

Director · since 14 septembre 2022 · until 20 mars 2025 · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Director · since 14 septembre 2022 · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Manager · 0808.855.284

Represented by Olivier LEMMENS

Ended

OL CONSULT

Manager · 0808.855.284

Represented by Olivier Lemmens

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/09/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office29/08/2022
SIEGE SOCIAL
PDF
Capital / shares13/11/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates24/06/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office25/03/2010
SIEGE SOCIAL
PDF
Mandates08/10/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office27/12/2002
SIEGE SOCIAL
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 2025211,8 k €↑
2024
Annual accounts 2024-26,8 k €↑
2023
Annual accounts 2023-63,1 k €↓
2022
Annual accounts 2022457,8 k €↑
2021
Annual accounts 2021283,1 k €↑
2020
Annual accounts 2020222,8 k €↓
2019
Annual accounts 2019230,8 k €↑
2018
Annual accounts 2018179,8 k €↑
2017
Annual accounts 2017176,3 k €↑
2016
Annual accounts 2016140,6 k €↑
2015
Annual accounts 201545,8 k €↓
2014
Annual accounts 201449,4 k €↓
2013
Annual accounts 201359,1 k €↑
2012
Annual accounts 20122,4 k €↓
2011
Annual accounts 201121,5 k €↑
2010
Annual accounts 201016,3 k €↓
2009
Annual accounts 200940,8 k €↑
2008
Annual accounts 2008-14,2 k €↓
2007
Annual accounts 200718 k €↓
2006
Annual accounts 200620,5 k €
26/06/2000
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

STIM-FORM

Overview

What does STIM-FORM do?

Trend over 20 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