ACTIVE

STELVANK

Financial year 2025 · closed on 30/09/2025
Net result
-134,7 k €
+0.9% YoY
Gross margin
76,6 k €
-7.0% YoY
Equity
4 M €
-3.3% YoY
Workforce
0,0 ETP

What does STELVANK do?

STELVANK is a Private company with limited liability incorporated in 2012. Its registered office is in Ledegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.720.557
Incorporation
30/11/2012
Legal form
Private company with limited liability
Registered office
Kuipebosstraat 11
8880 Ledegem · FlandreSee on map
Contributed capital
1 711 724,25 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172015
Income statement
Gross margin76,6 k €82,3 k €71,9 k €90,2 k €78,1 k €-21 k €-41,1 k €66,9 k €
EBITDA52,3 k €61,2 k €51,5 k €61,5 k €64,2 k €-41,6 k €-63,7 k €61 k €
Operating result-269,6 k €-179,9 k €-186,1 k €-149,5 k €-165,8 k €-164,8 k €-197,6 k €-23,3 k €
Net result-134,7 k €-135,9 k €103,5 k €-55,4 k €268 k €-262 k €-212,7 k €-15,6 k €
Balance sheet
Equity4 M €4,1 M €4,2 M €4,1 M €4,2 M €3,3 M €3,6 M €3,8 M €
Total assets12 M €11,1 M €11,5 M €10,3 M €9,4 M €7,4 M €7,5 M €3,8 M €
Cash124,6 k €212,9 k €304,3 k €341,9 k €617,5 k €49,5 k €119,4 k €55,7 k €
Debts8,1 M €7 M €7,2 M €6,2 M €5,2 M €4,1 M €3,9 M €9,8 k €
Other
Workforce0,0 ETP0,0 ETP
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 · 2 active · 4 ended

Active mandates

Karin Stellamans

Director

Active
Peter Caset

Director

Active

Ended mandates

Peter Caset

Director · since 01 janvier 2015

Ended
Karin Stellamans

Director · since 30 novembre 2012

Ended
Karin Stellamans

Manager

Ended
Peter Caset

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202605/03/202507/05/202430/05/202330/05/202230/05/2021
General meeting31/03/202608/02/202510/02/202411/02/202312/02/202213/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202630/04/2026DutchPDF
Abridged model30/09/202408/02/202505/03/2025DutchPDF
Abridged model30/09/202310/02/202407/05/2024DutchPDF
Abridged model30/09/202211/02/202330/05/2023DutchPDF
Abridged model30/09/202112/02/202230/05/2022DutchPDF
Abridged model30/09/202013/02/202130/05/2021DutchPDF
Micro model30/09/201908/02/202029/05/2020DutchPDF
Micro model30/09/201809/02/201930/05/2019DutchPDF
Micro model30/09/201710/02/201830/05/2018DutchPDF
Abridged model30/09/201611/02/201729/05/2017DutchPDF
Abridged model30/09/201513/02/201631/05/2016DutchPDF
Abridged model30/09/201414/02/201530/03/2015DutchPDF
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 · 2 active · 4 ended

Active mandates

Karin Stellamans

Director

Active
Peter Caset

Director

Active

Ended mandates

Peter Caset

Director · since 01 janvier 2015

Ended
Karin Stellamans

Director · since 30 novembre 2012

Ended
Karin Stellamans

Manager

Ended
Peter Caset

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/03/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/11/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other20/04/2015
    DOEL
    PDF
  • Mandates19/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/09/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring30/05/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/08/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-134,7 k €
  2. 2024
    Annual accounts 2024-135,9 k €
  3. 2023
    Annual accounts 2023103,5 k €
  4. 2022
    Annual accounts 2022-55,4 k €
  5. 2021
    Annual accounts 2021268 k €
  6. 2018
    Annual accounts 2018-262 k €
  7. 2017
    Annual accounts 2017-212,7 k €
  8. 2015
    Annual accounts 2015-15,6 k €
  9. 30/11/2012
    IncorporationPrivate company with limited liability