ACTIVE

Stal VCE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

-66,4 k €

+13.1% YoY

Gross margin

-127,4 €

+96.1% YoY

Equity

105,3 k €

-38.7% YoY

What does Stal VCE do?

Stal VCE is a Public limited company incorporated in 2002. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Diepenbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.723.128

Incorporation

21/01/2002

Legal form

Public limited company

Registered office

Peperstraat 15
3590 Diepenbeek · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 68204Rental and operating of own or leased real estate 68204Rental and operating of own or leased real estate 93199Other sports activities

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	-127,4 €	+96.1%	-3,2 k €	-105%	66,9 k €	+1956%	3,3 k €	-95.2%	67,9 k €	+15.6%	58,7 k €	+94.6%	30,2 k €	-28.1%	41,9 k €	-23.7%	55 k €	+4.2%	52,8 k €	-13.8%	61,2 k €	+36.5%	44,9 k €	-39.7%	74,5 k €	+126%	32,9 k €	+47.1%	22,4 k €	-0.3%	22,5 k €	+7.5%	20,9 k €	+47.3%	14,2 k €	+617%	-2,7 k €
EBITDA	-6,2 k €	+58.5%	-14,9 k €	-124%	63,3 k €	+4846%	-1,3 k €	-103%	45,9 k €	+21.0%	38 k €	+51.4%	25,1 k €	-28.9%	35,3 k €	-24.5%	46,7 k €	-7.8%	50,7 k €	-11.9%	57,5 k €	+52.8%	37,6 k €	-46.6%	70,4 k €	+135%	29,9 k €	+83.1%	16,3 k €	-15.6%	19,4 k €	+8.4%	17,9 k €	+63.1%	11 k €	+264%	-6,7 k €
Operating result	-60,6 k €	+8.2%	-66 k €	-745%	10,2 k €	+119%	-54,4 k €	-7380%	747,4 €	-97.1%	25,6 k €	+299%	6,4 k €	-63.9%	17,8 k €	-38.8%	29,1 k €	-9.3%	32 k €	-4.0%	33,4 k €	+149%	13,4 k €	-72.1%	48 k €	+212%	15,4 k €	+3485%	429 €	-87.6%	3,5 k €	+401%	690,4 €	+111%	-6 k €	+75.0%	-24,1 k €
Net result	-66,4 k €	+13.1%	-76,4 k €	-12853%	599,3 €	+101%	-64,2 k €	-572%	-9,6 k €	-190%	10,6 k €	+115%	-69,8 k €	-165%	107,4 k €	+338%	24,5 k €	-7.8%	26,6 k €	+59.3%	16,7 k €	+331%	3,9 k €	-89.5%	36,9 k €	+781%	4,2 k €	+146%	-9,1 k €	-260%	-2,5 k €	+57.0%	-5,9 k €	-116%	36,6 k €	+183%	-44,3 k €
Balance sheet
Equity	105,3 k €	-38.7%	171,7 k €	-30.8%	248,1 k €	+0.2%	247,5 k €	-20.6%	311,8 k €	-3.0%	321,3 k €	+3.4%	310,7 k €	-18.3%	380,4 k €	+39.3%	273,1 k €	+9.9%	248,5 k €	+12.0%	221,9 k €	+8.1%	205,2 k €	+1.9%	201,3 k €	+22.5%	164,4 k €	+216%	-142,3 k €	-6.8%	-133,2 k €	-1.9%	-130,7 k €	-4.7%	-124,8 k €	+22.7%	-161,4 k €
Total assets	819,2 k €	+4.9%	780,7 k €	-3.4%	808,6 k €	-6.0%	860 k €	-19.6%	1,1 M €	+10.9%	964,3 k €	+82.7%	527,8 k €	+1.2%	521,7 k €	-1.9%	531,9 k €	-7.1%	572,3 k €	-3.5%	592,8 k €	-7.3%	639,5 k €	+7.7%	593,7 k €	+4.9%	566,1 k €	+107%	273,5 k €	-6.7%	293 k €	-5.3%	309,4 k €	-4.7%	324,6 k €	-3.5%	336,3 k €
Cash	349,4 €	-78.5%	1,6 k €	+492%	274,3 €	-32.3%	405,2 €	-94.0%	6,7 k €	+547%	1 k €	+2192%	45,4 €	-79.2%	218,6 €	+25.0%	174,9 €	+126%	77,3 €	-89.7%	749,8 €	+378%	157 €		–		–		47 €	+761%	5,5 €	-99.3%	767,2 €		–		–
Debts	713,9 k €	+17.2%	609 k €	+8.7%	560,4 k €	-8.5%	612,5 k €	-19.2%	757,6 k €	+17.8%	643 k €	+196%	217,1 k €	+53.7%	141,3 k €	-45.4%	258,8 k €	-20.1%	323,7 k €	-12.7%	370,8 k €	-14.6%	434,3 k €	+10.7%	392,4 k €	-2.3%	401,8 k €	-3.4%	415,8 k €	-2.4%	426,2 k €	-3.2%	440,1 k €	-2.1%	449,5 k €	-9.7%	497,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 16 ended

Active mandates

Chang Yu-Chieh

Bestuurder · since 12 septembre 2024

Active

Ended mandates

Marc Van Putte

Director · since 01 mars 2020 · until 28 février 2023

Ended

Camille de Bellefroid

Director · since 24 février 2017 · until 28 février 2023

Ended

Micheline Jankelevitch

Director · since 24 février 2017 · until 28 février 2023

Ended

Julie Verbeke

Director · since 29 avril 2011 · until 24 février 2017

Ended

At this address

Other companies at this address

Company	CBE no.
GROVENHOF● Active	0745.416.096
Vivian Chang Equestrian● Active	1022.385.245

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	30/04/2025	04/06/2024	24/03/2023	04/05/2022	18/11/2021
General meeting	24/04/2026	28/02/2025	30/04/2024	24/02/2023	25/02/2022	26/02/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	24/04/2026	28/04/2026	Dutch	PDF
Micro model	30/09/2024	28/02/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	30/04/2024	04/06/2024	Dutch	PDF
Abridged model	30/09/2022	24/02/2023	24/03/2023	Dutch	PDF
Abridged model	30/09/2021	25/02/2022	04/05/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	18/11/2021	Dutch	PDF
Abridged model	30/09/2019	28/02/2020	26/03/2020	Dutch	PDF
Abridged model	30/09/2018	22/02/2019	11/04/2019	Dutch	PDF
Micro model	30/09/2017	23/02/2018	28/02/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	09/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	09/04/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	13/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	28/02/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	03/05/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	11/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	26/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 1 active · 16 ended

Active mandates

Chang Yu-Chieh

Bestuurder · since 12 septembre 2024

Active

Ended mandates

Marc Van Putte

Director · since 01 mars 2020 · until 28 février 2023

Ended

Camille de Bellefroid

Director · since 24 février 2017 · until 28 février 2023

Ended

Micheline Jankelevitch

Director · since 24 février 2017 · until 28 février 2023

Ended

Julie Verbeke

Director · since 29 avril 2011 · until 24 février 2017

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/09/2024
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2011
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/10/2007
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/12/2006
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 2025-66,4 k €↑
2024
Annual accounts 2024-76,4 k €↓
2024
Name changeStal VCE
2023
Annual accounts 2023599,3 €↑
2022
Annual accounts 2022-64,2 k €↓
2021
Annual accounts 2021-9,6 k €↓
2021
Name changeManege M&M
2020
Annual accounts 202010,6 k €↑
2019
Annual accounts 2019-69,8 k €↓
2018
Annual accounts 2018107,4 k €↑
2017
Annual accounts 201724,5 k €↓
2016
Annual accounts 201626,6 k €↑
2015
Annual accounts 201516,7 k €↑
2014
Annual accounts 20143,9 k €↓
2013
Annual accounts 201336,9 k €↑
2012
Annual accounts 20124,2 k €↑
2011
Annual accounts 2011-9,1 k €↓
2010
Annual accounts 2010-2,5 k €↑
2009
Annual accounts 2009-5,9 k €↓
2008
Annual accounts 200836,6 k €↑
2007
Annual accounts 2007-44,3 k €
21/01/2002
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

Stal VCE

Overview

What does Stal VCE 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