ACTIVE

STIV

Financial year 2025 · closed on 31/12/2025
Net result
-144,3 k €
-185.2% YoY
Gross margin
613,3 k €
-4.0% YoY
Equity
2,3 M €
-6.0% YoY

What does STIV do?

STIV is a Public limited company incorporated in 2019. Its registered office is in Deerlijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.737.278
Incorporation
05/10/2019
Legal form
Public limited company
Registered office
Nijverheidslaan 31
8540 Deerlijk · FlandreSee on map
Contributed capital
1 009 358,55 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin613,3 k €638,7 k €430,4 k €349,1 k €322,2 k €
EBITDA569,7 k €596,8 k €395,2 k €327 k €301,1 k €
Operating result391,2 k €418,2 k €268,5 k €309,9 k €271 k €
Net result-144,3 k €169,4 k €131,5 k €232,1 k €175,2 k €
Balance sheet
Equity2,3 M €2,4 M €2,2 M €2,1 M €1,9 M €
Total assets25,5 M €11,8 M €6,1 M €2,1 M €1,9 M €
Cash80,7 k €305,7 k €2,6 k €290,6 k €266 k €
Debts23,3 M €9,4 M €3,9 M €1,5 k €2,1 k €
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 31/12/2025 · 3 active · 3 ended

Active mandates

Bouw Georges Tanghe

Director · since 27 juin 2025 · until 27 juin 2031 · 0405.391.605

Represented by Rita Tanghe

Active
IBECO

Director · since 27 juin 2025 · until 27 juin 2031 · 0874.145.687

Represented by Ivan Bossuyt

Active
Indel Invest

Director · since 27 juin 2025 · until 27 juin 2031 · 0821.164.782

Represented by Stephanie Valcke

Active

Ended mandates

Bouw Georges Tanghe

Director · since 27 septembre 2019 · until 27 juin 2025 · 0405.391.605

Represented by Rita Tanghe

Ended
IBECO

Director · since 27 septembre 2019 · until 27 juin 2025 · 0874.145.687

Represented by Ivan Bossuyt

Ended
Indel Invest

Director · since 27 septembre 2019 · until 27 juin 2025 · 0821.164.782

Represented by Stephanie Valcke

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 year01/01/202501/01/202401/01/202301/01/202201/01/202127/09/2019
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 months16 months
Filing date15/07/202623/07/202526/07/202417/07/202319/07/202216/07/2021
General meeting26/06/202627/06/202519/07/202430/06/202324/06/202225/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202615/07/2026DutchPDF
Abridged model31/12/202427/06/202523/07/2025DutchPDF
Abridged model31/12/202319/07/202426/07/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202124/06/202219/07/2022DutchPDF
Abridged model31/12/202025/06/202116/07/2021DutchPDF
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 31/12/2025 · 3 active · 3 ended

Active mandates

Bouw Georges Tanghe

Director · since 27 juin 2025 · until 27 juin 2031 · 0405.391.605

Represented by Rita Tanghe

Active
IBECO

Director · since 27 juin 2025 · until 27 juin 2031 · 0874.145.687

Represented by Ivan Bossuyt

Active
Indel Invest

Director · since 27 juin 2025 · until 27 juin 2031 · 0821.164.782

Represented by Stephanie Valcke

Active

Ended mandates

Bouw Georges Tanghe

Director · since 27 septembre 2019 · until 27 juin 2025 · 0405.391.605

Represented by Rita Tanghe

Ended
IBECO

Director · since 27 septembre 2019 · until 27 juin 2025 · 0874.145.687

Represented by Ivan Bossuyt

Ended
Indel Invest

Director · since 27 septembre 2019 · until 27 juin 2025 · 0821.164.782

Represented by Stephanie Valcke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/10/2019
    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 2025-144,3 k €
  2. 2024
    Annual accounts 2024169,4 k €
  3. 2023
    Annual accounts 2023131,5 k €
  4. 2022
    Annual accounts 2022232,1 k €
  5. 2021
    Annual accounts 2021175,2 k €
  6. 05/10/2019
    IncorporationPublic limited company