ACTIVE

STALMANS

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Financial year 2025 · Closed on 31/12/2025

Net result75,1 k €-43,0 %over 1 year

Gross margin474,4 k €-13,3 %over 1 year

Equity800,6 k €+8,9 %over 1 year

Workforce4,0 ETP-18,4 %over 1 year

Identity

Source · BCE/KBO

STALMANS is a Private limited company incorporated in 2002. Its main activity is: Construction of roads and motorways. Its registered office is in Herselt. It employs on average 4,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.418.261
Incorporation: 25/04/2002
Legal form: Private limited company
Registered office: Wezel 26
2230 Herselt · FlandreSee on map
Contributed capital: 68 924,05 €
Latest accounts: 31/12/2025
Average workforce: 4,0 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 45230Maintenance and repair of motor vehicles 81300Landscape service activities 81300Landscape service activities 01410Raising of dairy cattle+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	474,4 k €	-13.3%	547,4 k €	-1.5%	555,6 k €	-10.2%	618,5 k €	+23.5%	500,7 k €
EBITDA	247,8 k €	-21.6%	315,8 k €	+44.7%	218,3 k €	-23.4%	285,1 k €	+70.2%	167,5 k €
Operating result	124,4 k €	-41.4%	212,2 k €	+54.9%	136,9 k €	-9.1%	150,6 k €	+36.7%	110,2 k €
Net result	75,1 k €	-43.0%	131,9 k €	+63.6%	80,6 k €	-21.4%	102,5 k €	+35.5%	75,7 k €
Balance sheet
Equity	800,6 k €	+8.9%	735,4 k €	+21.9%	603,5 k €	+15.4%	522,9 k €	+24.4%	420,4 k €
Total assets	1,6 M €	-1.8%	1,6 M €	+13.2%	1,5 M €	+5.5%	1,4 M €	+121%	625,8 k €
Cash	342,5 k €	+97.0%	173,8 k €	-53.2%	371,3 k €	+19.6%	310,4 k €	-2.9%	319,9 k €
Debts	819,2 k €	-10.3%	913,3 k €	+8.7%	839,9 k €	+0.7%	834 k €	+310%	203,6 k €
Other
Workforce	4,0 ETP	-18.4%	4,9 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ivo Stalmans	DirectorManager2024 accountsended
Staka1006.751.221Represented by KAROLIEN STALMANS	Director
STR. PROJECTS1006.808.827Represented by RAF STALMANS	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karolien Stalmans	Manageruntil 28/03/2007

Full financial information

Source · NBB

	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	03/08/2026	15/09/2025	28/06/2024	30/08/2023	23/08/2022	05/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	03/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	15/09/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	14/10/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	26/09/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	21/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ivo Stalmans	DirectorManager2024 accountsended
Staka1006.751.221Represented by KAROLIEN STALMANS	Director
STR. PROJECTS1006.808.827Represented by RAF STALMANS	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karolien Stalmans	Manageruntil 28/03/2007

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/01/2014
verhoging kapitaal - herwerking en herschrijving statuten !
PDF
Mandates14/12/2007
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Staka

STR. PROJECTS

IVO STALMANS

Karolien Stalmans

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

STALMANS

Wezel 26, 2230 Herselt

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wezel 26, 2230 HerseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00374333

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
STALMANSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00374333

Events

2025
Annual accounts 202575,1 k €↓
2024
Annual accounts 2024131,9 k €↑
2023
Annual accounts 202380,6 k €↓
2022
Annual accounts 2022102,5 k €↑
2021
Annual accounts 202175,7 k €↑
2020
Annual accounts 202056 k €↑
2019
Annual accounts 201925,8 k €↑
2018
Annual accounts 201825 k €↑
2017
Annual accounts 201722,7 k €↑
2016
Annual accounts 201613 k €↓
2015
Annual accounts 201523,9 k €↑
2014
Annual accounts 201412 k €↓
2013
Annual accounts 201333 k €↓
2012
Annual accounts 201245,1 k €↑
2011
Annual accounts 201142,7 k €↑
2010
Annual accounts 201037,7 k €↑
2009
Annual accounts 200937,5 k €↑
2008
Annual accounts 200835,3 k €↑
2007
Annual accounts 200734,3 k €↑
2006
Annual accounts 200613,2 k €
25/04/2002
IncorporationPrivate limited company

STALMANS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events