State to State Belgium
0701.656.626 · rovalta.com · 26/09/2026
State to State Belgium
Financial year 2025 · Closed on 31/12/2025
Overview
Identity
Source · BCE/KBOState to State Belgium is a General partnership incorporated in 2018. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Etterbeek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0701.656.626
- Incorporation
- 29/08/2018
- Legal form
- General partnership
- Registered office
- Avenue de la Chasse 28
1040 Etterbeek · BruxellesSee on map - Contributed capital
- 1 000,00 €
- Latest accounts
- 31/12/2025
Joint committees (1)
- 124
Financials
Source · NBB, 8 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 123,2 k € | +67.1% | 73,7 k € | -69.6% | 242,3 k € | +144% | 99,3 k € | +1416% | -7,5 k € |
| EBITDA | 89,1 k € | +81.4% | 49,1 k € | -77.8% | 221,4 k € | +124% | 98,7 k € | +1310% | -8,2 k € |
| Operating result | 84,9 k € | +92.5% | 44,1 k € | -79.6% | 215,8 k € | +125% | 96,1 k € | +673% | -16,8 k € |
| Net result | 61,2 k € | +96.5% | 31,1 k € | -80.3% | 158,3 k € | +114% | 74,1 k € | +543% | -16,7 k € |
| Balance sheet | |||||||||
| Equity | 41,1 k € | -7.2% | 44,3 k € | -60.8% | 113,2 k € | -21.9% | 144,9 k € | +105% | 70,7 k € |
| Total assets | 196,6 k € | -19.8% | 245 k € | -28.3% | 341,8 k € | +85.0% | 184,7 k € | +116% | 85,6 k € |
| Cash | 139,4 k € | +35.8% | 102,7 k € | -33.8% | 155,1 k € | +219% | 48,7 k € | +17.1% | 41,6 k € |
| Debts | 155,4 k € | -22.5% | 200,6 k € | -12.2% | 228,6 k € | +473% | 39,9 k € | +168% | 14,9 k € |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20251 active · 1 ended
Active mandates
Ended mandates
Other companies at this address
Avenue de la Chasse 28 1040 Etterbeek| Company | CBE no. |
|---|---|
| 0825.017.068 | |
Dr. ABDUL LATIF Maytham● Active | 0685.629.454 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 01/06/2026 | 21/07/2025 | 15/07/2024 | 30/08/2023 | 31/08/2022 | 29/09/2021 |
| General meeting | 09/05/2026 | 30/06/2025 | 11/05/2024 | 13/05/2023 | 14/05/2022 | 08/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 09/05/2026 | 01/06/2026 | French | |
| Micro model | 31/12/2024 | 30/06/2025 | 21/07/2025 | French | |
| Micro model | 31/12/2023 | 11/05/2024 | 15/07/2024 | French | |
| Micro model | 31/12/2022 | 13/05/2023 | 30/08/2023 | French | |
| Micro model | 31/12/2021 | 14/05/2022 | 31/08/2022 | French | |
| Micro model | 31/12/2020 | 08/05/2021 | 29/09/2021 | French | |
| Micro model | 31/12/2019 | 09/05/2020 | 31/08/2020 | French | |
| Micro model | 31/12/2018 | 11/05/2019 | 25/07/2019 | French |
Valuation
Indicative valuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 1 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other31/08/2018RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202561,2 k €↑
- 2024Annual accounts 202431,1 k €↓
- 2023Annual accounts 2023158,3 k €↑
- 2022Annual accounts 202274,1 k €↑
- 2021Annual accounts 2021-16,7 k €↓
- 2020Annual accounts 202049,1 k €↑
- 2019Annual accounts 201921,5 k €↓
- 2018Annual accounts 201835,4 k €
- 29/08/2018IncorporationGeneral partnership