ACTIVE

STEMICO

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

104,4 k €

+19.5% YoY

Gross margin

352,8 k €

+29.3% YoY

Equity

491,1 k €

+27.0% YoY

Workforce

1,9 ETP

0.0% YoY

What does STEMICO do?

STEMICO is a Private limited company incorporated in 2013. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Waregem. It employs on average 1,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0543.487.733

Incorporation

20/12/2013

Legal form

Private limited company

Registered office

Vijfseweg 3 box A
8790 Waregem · FlandreSee on map

Contributed capital

28 000,00 €

Latest accounts

30/06/2025

Average workforce

1,9 ETP

Activities (NACE)

46421Wholesale of clothing and footwear· main 46421Wholesale of clothing and footwear 47716Retail sale of clothing in specialised stores 47716Retail sale of clothing in specialised stores 47712Retail sale of clothing in specialised stores 47712Retail sale of clothing in specialised stores

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	352,8 k €	+29.3%	272,8 k €	-4.8%	286,5 k €	+52.2%	188,2 k €	-20.7%	237,2 k €	+53.0%	155,1 k €	+31.9%	117,6 k €	+36.1%	86,4 k €	+155%	33,9 k €	-22.6%	43,8 k €	+635%	-8,2 k €
EBITDA	249,5 k €	+41.5%	176,3 k €	-3.0%	181,7 k €	+181%	64,6 k €	-53.1%	137,6 k €	+18.0%	116,7 k €	+74.3%	66,9 k €	+22.2%	54,8 k €	+78.9%	30,6 k €	-26.2%	41,5 k €	+483%	-10,8 k €
Operating result	168,6 k €	+43.5%	117,5 k €	-15.3%	138,7 k €	+792%	15,6 k €	-85.3%	106,1 k €	+12.3%	94,5 k €	+133%	40,6 k €	+44.6%	28 k €	+107%	13,5 k €	-56.1%	30,8 k €	+185%	-36,5 k €
Net result	104,4 k €	+19.5%	87,4 k €	-17.1%	105,4 k €	+2282%	4,4 k €	-94.5%	80,7 k €	+11.4%	72,4 k €	+175%	26,3 k €	+99.4%	13,2 k €	+64.8%	8 k €	-69.9%	26,6 k €	+158%	-45,8 k €
Balance sheet
Equity	491,1 k €	+27.0%	386,7 k €	+29.2%	299,3 k €	+54.3%	193,9 k €	+2.3%	189,5 k €	+47.1%	128,8 k €	+129%	56,4 k €	+87.6%	30 k €	+78.3%	16,8 k €	+90.7%	8,8 k €	+150%	-17,8 k €
Total assets	2,3 M €	-0.8%	2,3 M €	+48.4%	1,5 M €	+32.3%	1,2 M €	+78.8%	650,7 k €	+57.0%	414,6 k €	+8.7%	381,3 k €	+9.0%	349,9 k €	+25.5%	278,9 k €	+31.7%	211,8 k €	+11.9%	189,3 k €
Cash	176,1 k €	+66.5%	105,8 k €	-15.2%	124,8 k €	+256%	35,1 k €	-73.0%	130 k €	+21.4%	107 k €	+57.7%	67,9 k €	+308%	16,6 k €	-46.5%	31,1 k €	+148%	12,5 k €	+72.2%	7,3 k €
Debts	1,8 M €	-6.8%	1,9 M €	+52.7%	1,2 M €	+28.0%	968,4 k €	+110%	460,8 k €	+61.5%	285,3 k €	-12.2%	324,9 k €	+1.6%	319,9 k €	+22.1%	262,1 k €	+29.1%	203 k €	-2.0%	207,1 k €
Other
Workforce	1,9 ETP	0.0%	1,9 ETP	-17.4%	2,3 ETP	-23.3%	3,0 ETP	+15.4%	2,6 ETP	+160%	1,0 ETP	-9.1%	1,1 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Michiel MASSELIS

Director

Active

Steven DE SLOOVER

Director

Active

Ended mandates

Michiel MASSELIS

Manager

Ended

Steven DE SLOOVER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BLINK WASH● Active	0756.912.081

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/01/2026	04/09/2024	25/09/2023	30/12/2022	22/12/2021	15/12/2020
General meeting	13/12/2025	02/09/2024	01/09/2023	10/12/2022	11/12/2021	12/12/2020
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	13/12/2025	09/01/2026	Dutch	PDF
Abridged model	30/06/2024	02/09/2024	04/09/2024	Dutch	PDF
Abridged model	30/06/2023	01/09/2023	25/09/2023	Dutch	PDF
Abridged model	30/06/2022	10/12/2022	30/12/2022	Dutch	PDF
Abridged model	30/06/2021	11/12/2021	22/12/2021	Dutch	PDF
Abridged model	30/06/2020	12/12/2020	15/12/2020	Dutch	PDF
Abridged model	30/06/2019	14/12/2019	19/12/2019	Dutch	PDF
Micro model	30/06/2018	08/12/2018	12/12/2018	Dutch	PDF
Micro model	30/06/2017	08/12/2017	21/12/2017	Dutch	PDF
Abridged model	30/06/2016	23/08/2016	02/09/2016	Dutch	PDF
Abridged model	30/09/2015	12/03/2016	15/03/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 2 active · 2 ended

Active mandates

Michiel MASSELIS

Director

Active

Steven DE SLOOVER

Director

Active

Ended mandates

Michiel MASSELIS

Manager

Ended

Steven DE SLOOVER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other08/07/2016
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/01/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

2025
Annual accounts 2025104,4 k €↑
2024
Annual accounts 202487,4 k €↓
2023
Annual accounts 2023105,4 k €↑
2022
Annual accounts 20224,4 k €↓
2021
Annual accounts 202180,7 k €↑
2020
Annual accounts 202072,4 k €↑
2019
Annual accounts 201926,3 k €↑
2018
Annual accounts 201813,2 k €↑
2017
Annual accounts 20178 k €↓
2016
Annual accounts 201626,6 k €↑
2015
Annual accounts 2015-45,8 k €
20/12/2013
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

STEMICO

Overview

What does STEMICO do?

Trend over 11 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