ACTIVE

STEICON PLUS

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Financial year 2025 · closed on 31/12/2025
Net result
150,6 k €
-7.5% YoY
Gross margin
354,4 k €
-4.2% YoY
Equity
495,4 k €
+43.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does STEICON PLUS do?

STEICON PLUS is a Private limited company incorporated in 2014. Its main activity is: Construction of water projects. Its registered office is in Eeklo. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0568.509.278
Incorporation
24/12/2014
Legal form
Private limited company
Registered office
Nieuwendorpe 41 box D
9900 Eeklo · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
42919Construction of water projects· main42919Construction of water projects43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.43342Painting and glazing43342Painting and glazing+8
Joint committees (3)
  • 12400
  • 200
  • 20000
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 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin354,4 k €369,9 k €364,5 k €315 k €361,2 k €375,1 k €329,2 k €289,5 k €270 k €223,8 k €104,6 k €
EBITDA282,1 k €303,3 k €287,3 k €216,2 k €162,8 k €97,4 k €77,2 k €99,2 k €78 k €81,2 k €54,1 k €
Operating result201,8 k €229,1 k €208 k €150,4 k €87 k €24,1 k €2,2 k €37,8 k €14,3 k €18,2 k €8,2 k €
Net result150,6 k €162,8 k €150,9 k €120,1 k €61,9 k €17,6 k €2,1 k €27,3 k €8 k €14,6 k €9,8 k €
Balance sheet
Equity495,4 k €344,8 k €182 k €214,1 k €159 k €97,1 k €79,4 k €77,3 k €50,9 k €42,9 k €28,3 k €
Total assets993,3 k €735 k €558,8 k €516,9 k €423,3 k €445,1 k €435,1 k €269,3 k €380,8 k €372,6 k €306,3 k €
Cash213,9 k €51,2 k €52 k €71,2 k €24,1 k €42,7 k €49,3 k €17,3 k €16,9 k €15,6 k €23,7 k €
Debts450,6 k €390,2 k €376,8 k €302,8 k €264,3 k €348 k €355,2 k €189,9 k €329,9 k €329,8 k €257,9 k €
Other
Workforce1,0 ETP1,0 ETP1,4 ETP1,6 ETP––––––1,1 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 · 3 active · 3 ended

Active mandates

NOVA STATERA

Director · since 08 juillet 2025 · 0715.759.139

Represented by Len Vandekerckhove

Active
VCP GP

Director · since 08 juillet 2025 · 1001.335.849

Represented by Kristof Dockers

Active
VYBROSCAFF

Director · since 08 juillet 2025 · 1019.046.168

Represented by Tom Verhulst

Active

Ended mandates

CEDRIC DESMET

Manager · since 24 décembre 2014

Ended
CEDRIC DESMET

Manager

Ended
Cédric Desmet

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202608/07/202509/07/202423/06/202331/08/202230/08/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202623/06/2026DutchPDF
Abridged model31/12/202413/06/202508/07/2025DutchPDF
Abridged model31/12/202314/06/202409/07/2024DutchPDF
Abridged model31/12/202209/06/202323/06/2023DutchPDF
Micro model31/12/202110/06/202231/08/2022DutchPDF
Micro model31/12/202011/06/202130/08/2021DutchPDF
Micro model31/12/201921/08/202030/09/2020DutchPDF
Micro model31/12/201814/06/201916/07/2019DutchPDF
Micro model31/12/201708/06/201818/06/2018DutchPDF
Micro model31/12/201609/06/201728/08/2017DutchPDF
Abridged model31/12/201510/06/201613/06/2016DutchPDF
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 · 3 active · 3 ended

Active mandates

NOVA STATERA

Director · since 08 juillet 2025 · 0715.759.139

Represented by Len Vandekerckhove

Active
VCP GP

Director · since 08 juillet 2025 · 1001.335.849

Represented by Kristof Dockers

Active
VYBROSCAFF

Director · since 08 juillet 2025 · 1019.046.168

Represented by Tom Verhulst

Active

Ended mandates

CEDRIC DESMET

Manager · since 24 décembre 2014

Ended
CEDRIC DESMET

Manager

Ended
Cédric Desmet

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2015
    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

Timeline

  1. 2025
    Annual accounts 2025150,6 k €↓
  2. 2024
    Annual accounts 2024162,8 k €↑
  3. 2023
    Annual accounts 2023150,9 k €↑
  4. 2022
    Annual accounts 2022120,1 k €↑
  5. 2021
    Annual accounts 202161,9 k €↑
  6. 2020
    Annual accounts 202017,6 k €↑
  7. 2019
    Annual accounts 20192,1 k €↓
  8. 2018
    Annual accounts 201827,3 k €↑
  9. 2017
    Annual accounts 20178 k €↓
  10. 2016
    Annual accounts 201614,6 k €↑
  11. 2015
    Annual accounts 20159,8 k €
  12. 24/12/2014
    IncorporationPrivate limited company