Stadmakers
0739.632.324 · rovalta.com · 22/09/2026
ACTIVE
Stadmakers
Financial year 2025 · closed on 31/12/2025
Net result
22,1 k €
-59.2% YoY
Gross margin
1,5 M €
+8.5% YoY
Equity
164,3 k €
+15.5% YoY
Workforce
17,0 ETP
+9.0% YoY
Overview
What does Stadmakers do?
Stadmakers is a Non-profit organization incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Brugge. It employs on average 17,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0739.632.324
Incorporation
16/12/2019
Legal form
Non-profit organization
Registered office
Sint-Jakobsstraat 36
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Activities (NACE)
Joint committees (1)
- 32901
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Gross margin | 1,5 M € | +8.5% | 1,4 M € | +8.3% | 1,3 M € | +21.7% | 1 M € | +11.6% | 934,2 k € | +2.8% | 908,6 k € |
| EBITDA | 40,1 k € | -42.4% | 69,5 k € | +3.1% | 67,4 k € | +791% | -9,8 k € | -121% | 45,4 k € | +166% | 17,1 k € |
| Operating result | 21,5 k € | -60.5% | 54,4 k € | +3.8% | 52,4 k € | +343% | -21,6 k € | -150% | 43 k € | +168% | 16 k € |
| Net result | 22,1 k € | -59.2% | 54,1 k € | +3.6% | 52,3 k € | +334% | -22,4 k € | -153% | 42,3 k € | +167% | 15,9 k € |
| Balance sheet | |||||||||||
| Equity | 164,3 k € | +15.5% | 142,2 k € | +61.4% | 88,1 k € | +146% | 35,8 k € | -38.4% | 58,2 k € | +267% | 15,9 k € |
| Total assets | 554 k € | -0.2% | 555,4 k € | -16.0% | 661,3 k € | +40.1% | 472 k € | +14.6% | 411,9 k € | -39.8% | 684,4 k € |
| Cash | 384,9 k € | +40.3% | 274,4 k € | -28.5% | 383,9 k € | +15.0% | 333,9 k € | +30.9% | 255 k € | -36.2% | 399,6 k € |
| Debts | 317,5 k € | +17.8% | 269,6 k € | -8.7% | 295,3 k € | +2.0% | 289,6 k € | +3.8% | 279 k € | +54.5% | 180,6 k € |
| Other | |||||||||||
| Workforce | 17,0 ETP | +9.0% | 15,6 ETP | +0.6% | 15,5 ETP | +9.2% | 14,2 ETP | +13.6% | 12,5 ETP | +7.8% | 11,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 36 ended
Active mandates
Jan Denolf
ActiveMathijs Goderis
ActiveVeerle Mans
ActiveMelissa Misseeuw
ActiveMinou Esquenet
ActiveAlexander Vandeputte
ActiveGeert Anthierens
ActiveYvan Vandamme
ActiveEnded mandates
Nele Dekeyser
EndedNele Dekeyser
EndedPhilip Van Eeckhoute
EndedPhilip Van Eeckhoute
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BrugesInsideOut● Active | 0826.043.288 |
De Korrelatie● Active | 0450.910.537 |
De Vrienden van Lumière● Active | 0873.085.221 |
Werkplaats immaterieel erfgoed● Active | 0862.418.882 |
Financials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 16/12/2019 |
| 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 | 13 months |
| Filing date | 10/07/2026 | 27/05/2025 | 17/07/2024 | 25/05/2023 | 22/04/2022 | 23/07/2021 |
| General meeting | 25/06/2026 | 05/05/2025 | 15/04/2024 | 02/05/2023 | 19/04/2022 | 15/03/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
6 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/06/2026 | 10/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/05/2025 | 27/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/04/2024 | 17/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 02/05/2023 | 25/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 19/04/2022 | 22/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/03/2021 | 23/07/2021 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 36 ended
Active mandates
Jan Denolf
ActiveMathijs Goderis
ActiveVeerle Mans
ActiveMelissa Misseeuw
ActiveMinou Esquenet
ActiveAlexander Vandeputte
ActiveGeert Anthierens
ActiveYvan Vandamme
ActiveEnded mandates
Nele Dekeyser
EndedNele Dekeyser
EndedPhilip Van Eeckhoute
EndedPhilip Van Eeckhoute
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates23/08/2023ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/02/2022ONTSLAGEN - BENOEMINGEN
- Mandates06/05/2021ONTSLAGEN - BENOEMINGEN
- Other27/12/2019RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202522,1 k €↓
- 2024Annual accounts 202454,1 k €↑
- 2023Annual accounts 202352,3 k €↑
- 2022Annual accounts 2022-22,4 k €↓
- 2021Annual accounts 202142,3 k €↑
- 2020Annual accounts 202015,9 k €
- 16/12/2019IncorporationNon-profit organization